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 (2015): United Arab Emirates, Saudi Arabia, and China
Top 3 Exported Goods (2015): Seafood, Motor Vehicles & Parts, and Fruit & Nuts

Top Industries Source: CIA World Factbook

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

Gross Domestic Product (GDP) [1]

GDP, PPP (current international) $44,001,952,193 (2016)
GDP Growth Rate (annual %) -34.34% (2016)
GDP Per Capita, PPP (current international) $1,595 (2016)
Click on a row to display its 5-year graph on the right.

GDP Country Rank 110/195 (2016)

GDP Composition %

Note: GDP composition percentage may exceed 100. Manufacturing is included in the Industry figures and is also reported separately because it plays a critical role in many economies.

Economic Indicators [1]

Inflation, consumer prices (annual %) 8.105% (2014)
External debt stocks, total (DOD, current US$) $7,065,832,000 (2016)
Total tax rate (% of commercial profits) 26.6% (2017)
Real Interest Rate (5 year average %) 11.789% (2013)
Manufacturing, value added (% of GDP) 18.055% (2016)
Current Account Balance (BoP, current US$) ($3,026,024,546) (2015)
Click on a row to display its 5-year graph on the right.

Labor and Employment [1]

Labor Force, Total 6,436,673 (2017)
Employment in Agriculture (% of total employment) 44.503% (2017)
Employment in Industry (% of total employment) 12.865% (2017)
Employment in Services (% of total employment) 42.631% (2017)
Unemployment Rate 14.036% (2017)
Click on a row to display its 5-year graph on the right.

Trade [1]

Imports of goods and services (current US$) $5,455,082,143 (2016)
Exports of goods and services (current US$) $651,260,714 (2016)
Total Merchandise Trade (% of GDP) 40.081% (2016)
FDI, net inflows (BoP, current US$) ($561,000,000) (2016)
Commercial Service Exports (current US$) $262,405,370 (2015)
Click on a row to display its 5-year graph on the right.

Economic Snapshot [1]

Note: Percentile ranks are calculated using the latest available data for all countries within the last 5 years.

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

Sources

  1. The World Bank