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Economy / Yemen

Macroeconomic Forecast Yemen

April 2008 | Macroeconomic Forecasts

While we expect real GDP growth to slow down to 2.6% in 2008, on the back of a 12.6% decline in the oil sector, growth will pick up again in 2009 to hit 3.4%. This will be mainly due to 4.3% growth in Yemen's non-oil sector, which is set to account for nearly 93% of GDP.

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