The country is under sanctions by the United Nation’s Security Council and/or the UK Government. Currently B2B Hub is not providing legal and financial services for the present country.
Yemen
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Yemen
Issuer
Abbreviation
Phone
Location
Capital
Official languages
Population
Currency
ISO 4217
Sana'a
Yemen
Arabic
34,449,825
YER
Yemeni Rial
Delivery
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Certificate of incorporation
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Articles of association
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Meeting minutes
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Company stamp
Document checklist:
<Economy>
Yemen's economy has been in a state of decline for many years. According to the World Bank, the country's GDP per capita was $1,845 in 2019, a decrease of 8.3% from 2018. The unemployment rate in Yemen is estimated to be around 50%, and the poverty rate is estimated to be around 80%. Inflation is also high, with the inflation rate estimated to be around 20%. The country's public debt is estimated to be around $7.5 billion, and the government's budget deficit is estimated to be around $2.5 billion. The country's external debt is estimated to be around $4.5 billion. The country's currency, the Yemeni rial, has been in a state of decline since 2015, and is currently trading at around 250 rials to the US dollar. The country's trade balance is estimated to be negative, with exports estimated to be around $2.5 billion and imports estimated to be around $4.5 billion. The country's main exports are crude oil, coffee, and fish. The country's main imports are food, machinery, and fuel.