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Indicators of economy in Yemen

The essential economic performance of a country is reflected by the gross domestic product. So the total of all goods and services sold. Worldwide gross domestic product in 2021 was at about 12.259 USD per capita. GDP in Yemen, on the other hand, reached USD 691 per capita, or 21.06 billion USD in 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 was in 2014 at around 8.10%. Within the EU, the average in the same year was 2.55%. In the United States, it was most recently 4.70%.

Compared with the USA, prices for daily consumer goods are around 100.0% lower.
The Corruption Perceptions Index for the public sector counts 16 and is compared to other countries very bad.


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 Dollar auf 18.84 billion US Dollar. With a large drop of 13.92 percent, the economy in Yemen has struggled significantly more than other countries. The unemployment rate rose from 13.1 to 13.4 percent.

Unemployment rates in percent 1991 - 2021

Economic performance 2021

 Yemen
Total
Yemen
per capita
EU
Total
EU
per capita
GDP21.06 bn USD690.76 USD17.09 tn USD33,228.68 USD
Gross national product19.85 bn USD650.87 USD16.78 tn USD32,621.03 USD


Development of the Gross domestic product in billion US Dollar 1990 - 2021



Im- and Exports 2016

 Yemen
Total
Yemen
per capita
EU
Total
EU
per capita
Imports4.08 bn USD133.78 USD8,916.24 bn USD17,337.55 USD
Exports384.50 m USD12.61 USD9,554.34 bn USD18,578.33 USD


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

Exports
Imports



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