The economic policy of the Republic of Yemen is based on a market mechanism and economic freedom
Yemen ranks within the economies that are less growing
However, Yemen has significant economic resources, not been exploited economically, especially oil and petrol field, fisheries and different mineral resources
Currency of Yemen: Yemeni Rial (YER)
The General Investment Authority of the Republic of Yemen, being aware of the significance of involvement of the private sector in the development process in Yemen, and the necessity to bring about a greater leap in the investment level of various sectors, in the achievement of diversifying the economy of Yemen, and coordination with some concerned agencies, prepared many opportunities, which contains Foreign direct investment (FDI) opportunities in production, agricultural and services sectors recently there are many opportunities available in Yemen
Yemeni Foreign Trade.
The Yemeni Exports constitute 33.4% of the GDP and imports constitute 29.3% of the GDP. Therefore, the exposure ratio for the Yemeni economy reached 63%
The main international partners of Yemen are Thailand, China, South Korea, Singapore, Japan, and Saudi Arabia
The largest Yemeni Exports are related to crude products that constitute 94-97% of the gross exports whereas direct consumption products constitute the rate between 1-4%, and crude goods at imports range between 55-60% of the gross imports that constitute direct consumption goods 15-20% and capital goods constitute 20-25%
Yemen imports from the Arab Countries between 30-40% of the gross imports whereas its exports to the Arab Countries range between (5-10%) of the gross exports to abroad
The Asian Countries, not Arabian, are considered as the largest market for the Yemeni exports