The gross domestic product (GDP) measures of national income and output for a given country's economy. Given the bleak outlook, massive foreign assistance would continue to be required to fund recovery and reconstruction in a post-conflict period. It is estimated that the application of the latest standard would add US$824 billion.

All rights Reserved. Yemen GDP (Gross Domestic Product) was INT$70.84billion for 2019 in PPP terms.

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To learn more about cookies, click here. Yemen, Rep. Jump to. Browse additional economic indicators and data sets, selected by Global Finance editors, to learn more about Yemen economic outlook, debt to GDP ratio, international trade performance and population trends. Learn how the World Bank Group is helping countries with COVID-19 (coronavirus).

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GDP growth (annual %) - Yemen, Rep. from The World Bank: Data

In the north, the rebel Houthis continue to clash with the Saudi-led coalition supporting the Hadi government.

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The conflict has caused widespread disruption of economic activities, with substantial reduction in jobs, private sector operations, and business opportunities.

Learn how the World Bank Group is helping countries with COVID-19 (coronavirus). Leverage our AI Workflow Tools and online data environment to manipulate, visualize, present, and export data. In late 2018, however, Yemen’s economy began to show signs of stabilization, supported by balance of payments assistance from the Kingdom of Saudi Arabia and a gradual recovery of oil and gas production, which came to a near halt when the conflict broke out in March 2015.

Yemen's conflict will continue in the early part of the 2020-24 forecast period. Yemen Economy Profile 2019. The description is composed by our digital data assistant. ... (2019) (1 represents the most free, 7 the least free rating) Source. Our Insights blog presents deep data-driven analysis and visual content on important global issues from the expert data team at Knoema. International Comparison Program & Purchasing Power Parity, International Household Survey Network (IHSN), Trust Fund for Statistical Capacity Building. We face big challenges to help the world’s poorest people and ensure that everyone sees benefits from economic growth.

World Bank national accounts data, and OECD National Accounts data files. Much of the instability in macroeconomic indicators—rapidly growing government debt, accelerating inflation related to money printing for salaries, rapid depreciation of the exchange rate- will improve with an improvement in security, easing of import barriers, the restoration of government services, and a recovery of the private sector. Projects & Operations; Finances; Climate; GDP (current US$) Details.

Yemen's Economic Update - April 2019 (PDF Format), Global data and statistics, research and publications, and topics in poverty and development. Global Finance presents its 27th annual listing of the best banks globally, regionally and in more than 150 countries. Most American countries use a national income accounting standard that fails to record the informal economy. ), Total population: 70.1% Data and research help us understand these challenges and set priorities, share knowledge of what works, and measure progress. Copyright © 2014 The GDP value of Yemen represents 0.02 percent of the world economy. Economic prospects in 2019 and beyond will critically depend on stabilization of the political and security situation. The gross domestic product (GDP) is equal to the total expenditures for all final goods and services produced within the country in a stipulated period of time. Rather, poverty is projected to remain high with over three-quarters of the population in 2019 living below US$3.20 PPP a day, and approximately half of the population living below US$1.90 PPP a day. If violence can be contained by mid-2019, GDP is projected to recover in the second half of the year with a double-digit growth rate. To learn more about cookies, click here. Learn how the World Bank Group is helping countries with COVID-19 (coronavirus). GDP growth (annual %) - Yemen, Rep. from The World Bank: Data

The Gross Domestic Product (GDP) in Yemen was worth 27.59 billion US dollars in 2018, according to official data from the World Bank and projections from Trading Economics. Life expectancy at birth, total (years) Details. Dollar figures for GDP are converted from domestic currencies using single year official exchange rates. Roy Bahat is head of Bloomberg Beta, a venture capital fund investing in artificial intelligence (AI)-based solutions to reshape the workplace and global markets. Home > Factbook > Countries > Yemen. {"2005":8673414.06, "2006":9075917.27, "2007":9391309.55, "2008":9768313.87, "2009":10188098.81, "2010":10984422.02, "2011":9833291.08, "2012":10068601.74, "2013":10554311.09, "2014":10534363.44, "2015":8777442.31, "2016":7581866.89, "2017":7131352.36, "2018":6938734.53, "2019":7084447.96}, [{"1989":28.79, "1990":34.36, "1991":34.46, "1992":36.15, "1993":37.62, "1994":38.44, "1995":44.84, "1996":54.04, "1997":56.87, "1998":59.57, "1999":62.25, "2000":66.99, "2001":70.97, "2002":74.55, "2003":78.84, "2004":82.49, "2005":86.73, "2006":90.76, "2007":93.91, "2008":97.68, "2009":101.88, "2010":109.84, "2011":98.33, "2012":100.69, "2013":105.54, "2014":105.34, "2015":87.77, "2016":75.82, "2017":71.31, "2018":69.39, "2019":70.84}], {"1990":19.3, "1991":0.3, "1992":4.9, "1993":4.1, "1994":2.2, "1995":16.7, "1996":20.5, "1997":5.2, "1998":4.7, "1999":4.5, "2000":7.6, "2001":5.9, "2002":5.0, "2003":5.8, "2004":4.6, "2005":5.1, "2006":4.6, "2007":3.5, "2008":4.0, "2009":4.3, "2010":7.8, "2011":-10.5, "2012":2.4, "2013":4.8, "2014":-0.2, "2015":-16.7, "2016":-13.6, "2017":-5.9, "2018":-2.7, "2019":2.1}.

Population, total.

Rankings of Yemen best banks and safest banks are also available. Many of the world's richest countries are also the world's smallest.

The economy of Yemen is one of the poorest and least-developed in the world.
Poverty headcount ratio at national poverty lines (% of population) Details.

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FocusEconomics panelists project the economy to contract 4.8% in 2020 and to … Our tools allow individuals and organizations to discover, visualize, model, and present their data and the world’s data to facilitate better decisions and better outcomes. World Economics Limited. Economic prospects in 2019 and beyond will critically depend on stabilization of the political and security situation. Operating costs rose severely due to insecurity and lack of supplies and inputs, leading to massive layoffs to the country’s formal and informal workforce. School enrollment, primary (% gross) Details. Classeditori, Gross domestic expenditure on R&D; (% of GDP), Public debt (General government gross debt as a % of GDP), Public deficit (General government net lending/borrowing as a % of GDP), Current account balance by percentage of GDP, Exports as percent of GDP (Exports of goods and services), Shares in world total merchandising export, Shares in world total commercial services export, Value of cross-border M&A, by country of purchaser, Cross-border M&A deals worth over $3 billion completed in 2014, Cross-border M&A deals worth over $3 billion completed in 2015, Urban population as % of total population, % of population living on less than $3.10 a day, Inequality of wealth distribution (Gini index), Total telephone subscribers as % of population, (fixed-telephone subscribers and mobile-cellular subscribers), World's Best Banks 2020: DBS Honored As World’s Best Bank, Looking Past The Pandemic: Q&A With Bloomberg Beta's Roy Bahat, Winner Profiles | The Best In Islamic Finance | 2016, Related Archival Articles & Country Reports, CIA World Factbook / GDP - composition by sector, World Trade Organization / World Trade Statistical Review, CIA World Factbook / Exports - major partners, CIA World Factbook / Imports - major partners, United Nations Conference on Trade and Development (UNCTAD) - World Investment Report 2016, World Economic Forum / Global competitiveness ranking, CIA World Factbook / Population median age, CIA World Factbook / Population growth rate, World’s Best Emerging Markets Banks in the Middle East 2013, WORLD'S BEST EMERGING MARKET BANKS IN THE MIDDLE EAST 2012, WORLD'S BEST EMERGING MARKET BANKS 2011 IN THE MIDDLE EAST, BEST EMERGING MARKET BANKS MIDDLE EAST 2010, Features: Awards–Best Emerging Market Banks 2010 Middle East, World’s Best Banks: Middle East Country Winners, WORLD’S BEST TRADE FINANCE PROVIDERS 2010, Features: Annual Survey: Best Trade Finance Banks, World's Best Emerging Markets Banks in the Middle East 2014, Features: World's best trade finance banks 2009, View all Yemen GDP and Economic Data content. All rights reserved.Terms & Conditions. Download historical data for 20 million indicators using your browser.

Gross Domestic Product - GDP USD 26.9 billion (2018, estimate) Source.


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