Performance of yemens macroeconomy

Assignment Help Macroeconomics

Reference no: EM13753648

A) Is Yemen a wealthy nation or a poor nation? Explain.

B) What are the key elements in the natural resource endowment and in the social-political-economic C) institutions which explain the macroeconomic position of Yemen and of the performance of Yemen's macroeconomy?

GDP per capita = $2,500 - - - ranked 187th highest in world (out of total of 228 nations ranked)
(unchanged from 2012 and 2011)

real GDP growth rate = +3.8% - - - ranked 86th highest in world (out of 221 nations)
(up from +0.1% in 2012)

Unemployment Rate = 35% last estimated in 2003 - - - ranked 188th highest in world (out of 203 nations)

Inflation Rate = +11.8% - - - ranked 213th highest in world (out of 223 nations)
(up from +9.9% in 2012)

Government Budget Deficit = -10.3% of GDP - - - ranked 206th highest in the world (out of 216 nations)

Public Debt = 47.1% of GDP - - - ranked 73rd highest in world (out of 161 nations)
(up from 45.4% in 2012)

Exports = $6.69 b. - - - ranked 105th largest in world (out of 223 nations)
(down from $7.6 b. in 2012)

Imports = $10.97 b. - - - ranked 96th largest in world (out of 222 nations)
(down from $12.49 b. in 2012)

Reference no: EM13753648

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