Yemen: Economy

Due to political unrest, the information on these pages may not reflect current conditions in the country.

Economic Trivia

Yemen is a beneficiary of the Friends of Yemen organization, which consists of several countries pledging to support Yemen's efforts to reform itself economically and politically.

Trade Source: United Nations Comtrade
Note: Top 3 trade partners are calculated by imports + exports.

Top 3 Trade Partners (2014): China, Saudi Arabia, and Turkey
Top 3 Exported Goods (2014): Oil & Mineral Fuels, Motor Vehicles & Parts, and Seafood

Top Industries Source: CIA World Factbook

Crude Oil Production and Petroleum Refining; Cotton Textiles and Leather Goods; Food Processing; Handicrafts

Gross Domestic Product (GDP) Source: The World Bank

GDP, PPP (current international) $96,633,974,187 (2013)
GDP Growth Rate (annual %) 4.156% (2013)
GDP Per Capita, PPP (current international) $3,785 (2013)
Click on a row to display its 5-year graph on the right.

GDP Country Rank 82/193 (2013)

Economic Indicators Source: The World Bank

Inflation, consumer prices (annual %) 10.968% (2013)
External debt stocks, total (DOD, current US$) $7,670,770,000 (2013)
Total tax rate (% of commercial profits) 33.1% (2015)
Real Interest Rate (5 year average %) 13.151% (2013)
Manufacturing, value added (% of GDP) 6.06% (2010)
Current Account Balance (BoP, current US$) ($842,249,145) (2014)
Click on a row to display its 5-year graph on the right.

Labor and Employment Source: The World Bank

Labor Force, Total 7,628,379 (2014)
Employment in Agriculture (% of total employment) 24.7% (2010)
Employment in Industry (% of total employment) 18.8% (2010)
Employment in Services (% of total employment) 56.2% (2010)
Unemployment Rate 17.4% (2014)
Click on a row to display its 5-year graph on the right.
Imports of goods and services (current US$) $10,736,866,795 (2010)
Exports of goods and services (current US$) $9,462,293,188 (2010)
Total Merchandise Trade (% of GDP) 60.09% (2013)
FDI, net inflows (BoP, current US$) ($738,028,979) (2014)
Commercial Service Exports (current US$) $1,506,905,202 (2014)
Click on a row to display its 5-year graph on the right.

How to interpret the graph: The purpose of this graph is to take a snapshot of a country’s economy in comparison to other economies. For example, Yemen’s Exports rank is higher than (please wait...) of the countries in the dataset. For Exports, FDI and GDP measures, a higher rank (closer to 100%) indicates a stronger economy. Conversely, for Unemployment and Inflation, a lower rank (closer to 0%) indicates a stronger economy.

Due to unavailable data the following indicators have been omitted:
  • Exports
  • FDI, net inflows
  • GDP Growth Rate
  • GDP Per Capita
  • Inflation
  • Unemployment

Glossary