Saturday, June 26, 2010

Yemen, Sanaa Tex Cost of Living April 2010

Country Full Name: Republic of Yemen.

Location: Yemen is in the Middle East, bordering the Arabian Sea, Gulf of Aden, and Red Sea, between Oman and Saudi Arabia.

Country Climate: Mostly desert; hot and humid along west coast; temperate in western mountains affected by seasonal monsoon; extraordinarily hot, dry, harsh desert in east.

Country Terrain: Narrow coastal plain backed by flat-topped hills and rugged mountains; dissected upland desert plains in center slope into the desert interior of the Arabian Peninsula.

Major Languages: Arabic.

Major Religions: Islam.

Country Population: 23 million (2008 est.) 23.7 million (2009 est.).

Country Economy: Agriculture is the mainstay of Yemen?s economy, generating more than 20 percent of gross domestic product (GDP). Yemen is a small oil producer. Yemen?s industrial sector constitutes almost half of gross domestic product. Together with services, construction, and commerce, industry accounts for less than 25 percent of the labor force. The largest contributor to the manufacturing sector?s output is oil refining, which generates almost half of total revenue. The Yemen government expects LNG to add substantially to its budget and enable it to develop a petrochemicals industry.

Currency: Yemeni Rial (YER).

Country Inflation: 19% (2008 est.) 8.4% (2009 est.).

City: Sanaa is the capital and largest city of Yemen.

City Economy: Sanaa International Airport is Yemen's main domestic and international airport. Al Madina, a commercial area of the old city, is where development is proceeding rapidly.
Cost of Living: Sanaa has an overall cost of living index which equates it with low cost of living locations. The overall cost of living index is comprised of the prices for defined quantities of the same goods and services across all 13 Basket Groups. Sanaa is currently ranked 280 overall, most expensive place in the world for expatriates to live, out of 282 international locations.

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