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Indicators of economy in Yemen

The essential economic performance of a country is reflected by the gross domestic product, the total of all goods and services sold. Worldwide gross domestic product in 2021 was at about 12,183 USD per capita. GDP in Yemen, on the other hand, reached USD 639 per capita, or 21.06 billion USD for the whole country. Yemen is one of the smaller economies and is currently ranked 114. If this is calculated per inhabitant, then Yemen is in place 198.

Inflation in Yemen in 2014 was around 8.10%. Within the EU, the average in the same year was 9.22 percent. In the United States, it was most recently 8.00%.

The index for perceived corruption in the public sector is 16, which is rather poor by global standards.


Back to overview: Yemen

Impact of the COVID-19 pandemic

The consequences of the COVID pandemic in 2020 were considerable in Yemen. Overall, gross domestic product in 2020 fell from 21.89 billion US dollars to 18.84 billion US dollars. With a large drop of 13.92 percent, the economy in Yemen has struggled significantly more than other countries. The unemployment rate rose from 13.0 to 13.6 percent. The country's gross debt fell by 7.4 percent.

In 2021, there was already a recovery and the gross domestic product increased to 21.06 billion US dollars (=96.2% of 2019).

Unemployment rates in percentages 1991 - 2022

Economic performance 2021

 Yemen
Total		Yemen
per capita		EU
Total		EU
per capita
GDP21.06 bn USD638.59 USD17.177 tn USD33,384.92 USD
Gross national product19.85 bn USD601.72 USD16.895 tn USD32,835.37 USD


In the Global Innovation Index, Yemen ranked 128th in 2022 with 13.8 points. The index is calculated annually by the World Intellectual Property Organization (WIPO) and most recently included 132 countries. The top country was Switzerland with 64.6 points.

Development of gross domestic product in billions of USD 1990 - 2021




Household debt and deficits 2021


 Yemen
Total		Yemen
per capita		EU
Total		EU
per capita
Government debts14.69 bn USD445.31 USD11.978 tn USD23,280.51 USD

› Debt budget development
› Corruption in Yemen
› Cost of living in a global comparison


Imports and Exports 2016

 Yemen
Total		Yemen
per capita		EU
Total		EU
per capita
Imports4.08 bn USD123.67 USD8.916 tn USD17,329.02 USD
Exports384.50 m USD11.66 USD9.554 tn USD18,569.19 USD


Development of imports and exports in billions of USD 2005 - 2016

Exports
Imports



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