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Yemen

Yemen news and analysis, tenders, contracts awarded, commentary and economic data

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Profile

Yemen_map_527x286px Yemen+flag President_Abdrabbu_Mansour_Hadi
Yemen
Leader
President Abdrabbu Mansour al-Hadi

Yemen country datafile
Country overview
Government contacts

Country data

Yemen
Yemen 2009 2010 2011 2012 2013 2014 2015f
Nominal GDP ($bn) 25.1* 30.9 32.7 35.4 40.4 45.5 51.0
GDP per capita ($) 1,061* 1.267 1,302 1,368 1,516 1,655 1,802
Real GDP growth (annual change, %) 3.9* 7.7 -12.7 2.4 4.8 1.9 4.6
Government revenue (% of GDP) 25.0 26.1* 25.3 29.9 23.9 23.9 22.7
Government total expenditure (% of GDP) 35.2 30.2* 29.8 36.2 30.8 29.3 27.7
General government debt (gross, % of GDP) 49.8 42.4* 45.7 47.3 48.2 48.2 47.4
Current account balance (% of GDP) -10.1* -3.4 -3.0 -1.7 -3.1 -1.3 -1.1
Inflation (%) 8.8 12.5* 23.2 5.8 8.1 13.0 9.0
Population (millions) 23.7* 24.4 25.1 25.9 26.7 27.5 28.3
Unemployment (%) na na na na na na na
Click to see full economic data (2005 - 2019 forecast)
Source: International Monetary Fund, World Economic Outlook Database; Last updated: February 2015; *=Estimate

News & analysis

Deposed Yemen president Abdrabbu Mansour al-Hadi

Yemen president retracts resignation Subscription

24 February 2015 | By

Yemen’s Abd-Rabby Mansour Hadi meets with loyal security forces in southern city as he rescinds resignation

Military campaign: The Houthis consolidated control

Yemen on the precipice Subscription

27 January 2015 | By Peter Salisbury

The political vacuum in Yemen since President Abdrabbu Mansour al-Hadi’s resignation has provided yet more uncertainty for the country’s future

Refinery

Yemen looks to import refined goods Subscription

13 January 2015 | By

Local refiner has to pay for gasoline and gasoil after Saudi Arabia suspends financial aid

 given the rising volumes of passengers travelling on the Dubai Metro, the region is beginning to establish a track record that lenders and bankers could use to predict whether project finance debts can be repaid

The Middle East in 2030

10 December 2014 | By

Take part in MEED’s survey to identify the key trends that will shape the Middle East economy in 2030

Rallying support: Yemenis watch Abdelmalek al-Houthi give a speech in central Sanna on 23 September

Houthis make bold advance Subscription

7 October 2014 | By Peter Salisbury

The rebel group has extended its influence across the country, fearless of retribution from the state, and do not intend to withdraw any time soon

Yemen's President Abdrabbu Mansour al-Hadi (C, blue tie) signed an UN-brokered peace agreement on 21 September, in an effort to end protests. However, fighting continues unabated in Sanaa

Yemen fails to enforce peace deal Subscription

22 September 2014 | By

Fighting continues in Sanaa in wake of agreement with rebels

Security forces supporting anti-government Huthis protesters in Yemen

Yemen cannot trade present for future promise Subscription

18 September 2014 | By Peter Salisbury

State is in danger of being ripped apart

Fervour: Houthi supporters line a street in Sanaa, calling for a greater say in the make-up of the new government

Yemen's ticking time bomb Subscription

18 September 2014 | By Peter Salisbury

Escalating protests by Houthi supporters and increasing activity by Al-Qaeda in the Arabian Peninsula mean Yemen is facing the greatest threat to its stability since the 2011 uprising

Yemen refinery

Yemen oil revenues drop by 30 per cent Subscription

18 September 2014 | By

Decline in oil revenues comes after repeated attacks on oil infrastructure from armed groups

Yemen

Rebels call for government to stand down in Sanaa Subscription

11 September 2014 | By

Violence sparks fears of ongoing conflict in Yemen’s capital

Filter Yemen content by sector

Special reports

Yemen

Yemen: Houthi gains shift the balance of power Subscription

28 July 2014

New competition has come from an unexpected quarter

Top 10 projects

Rank

Rank Project Name Sector Budget ($m)
1 Aden Port Expansion Transport 507
2 Habban Field Central Processing Facilities Oil 500
3 Marib Power Plant Phase 2 Power 436
4 North South Highway: Section 1: Noubat Dokaim to Taiz Transport 265
5 Ras Issa Oil Terminal Oil 250
6 North South Highway: Section 1: Doraigh to Noubat Dokaim Transport 211
7 150 MW Aden Power Plant Power 149
8 Dhamar to Aden Transmission Line Power 135
9 60 MW Solar Power Plant Power 100
10 Al Ghaydah Central Hospital Construction 43
Click through to the full data table on Yemen's biggest projects and their status
Click through to MEED's Q3 2014 Top 100 Projects report
Source: MEED Projects; Data compiled: November 2014; All projects are in execution

Tenders & project awards

Yemen: Wind farm project Subscription

5 February 2015 | By

Carrying out a wind farm project

Yemen: Water company consultancy (Sanaa) Subscription

9 January 2015 | By

Provision of consultancy services comprising the preparation of a masterplan for a water company in Sanaa

Yemen: Water company consultancy (Aden) Subscription

9 January 2015 | By

Provision of consultancy services comprising the preparation of a masterplan for a water company in Aden

Yemen: Offset and digital systems Subscription

3 January 2015 | By

Supply and installation of professional offset and digital systems

Yemen: IT consultancy Subscription

4 December 2014 | By

Provision of IT consultancy services for a bank

Filter Yemen tenders by sector

Companies

Raysut Cement Company logo

Raysut Cement Company Subscription

Raysut is keen to expand production capacity

See all company profiles

People

Abdelmalek al-Houthi Subscription

22 January 2015

Leader of Yemen’s Houthi movement

See all biographies


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