Browse additional economic indicators and data sets

Yemen

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. Rankings of Yemen best banks and safest banks are also available.

Economic Potential Destroyed By War

This country of roughly 35 million, one of the most impoverished on the Arabian Peninsula, has been embroiled in conflict since late 2014 as a result of the power struggle between the Saudi-backed government and the rebel Houthi movement. The war has led to a devastating humanitarian crisis, shattered the economy and destroyed critical infrastructure. Even before the conflict erupted, corruption was widespread, poverty and unemployment rates were chronically high, and access to electricity and water, as well as eduction and health care, was severely limited.

Still, the World Bank sees a potential path to growth, albeit extremely narrow. Yemen is an oil-rich country: a lasting ceasefire between the warring factions, bolstered by the reopening of the main transport routes and improved integration in regional and global trade markets, could help reignite economic progress and stability.

Yemen GDP & Economic Overview

Key Facts

Total Area 527,968 sq km
Type of Government Parliamentary republic
Capital City Sanaa
Total Population 34.829 million
Median Age 19.0
Total GDP USD 21.89 billion
Adult Per Capita Income (PPP) USD 1,646

Trade & Finance

International Trade

Total Exports USD 12,450.29 million
Major Exports Crude petroleum
gold
fish
industrial chemical liquids
scrap iron
Major Trade Partners – Export Egypt
Turkey
Oman
Sudan
Eritrea
Total Imports USD 2,172.74 million
Major Imports Wheat
refined petroleum
iron
rice
cars
Major Trade Partners – Imports United Arab Emirates
China
Saudi Arabia
Oman

Inbound and Outbound Investment

Data Shows Yemen’s Debt Load To Be Close To The Regional Average

The chart at left compares Yemen’s debt-to-GDP ratio to the regional average. It illustrates how the country has been successful at keeping its debt burden in line with its national productive capacity.

Yemen's Leading Companies

Media Yemen TV
Bank Telecom
Teleocom Yemen Mobile
Airline Felix Airway
Airline Yemenia
Bank Tadhamon Bank

Global Finance Rankings & Awards: Yemen

Global Finance Magazine holds several conferences and awards ceremonies throughout the year to recognize the winning financial institutions and companies in a host of categories including World’s Best Trade Finance Banks, World's Biggest Banks, World's Safest Banks, World's Best Developed & Emerging Markets Banks, World's Best Internet Banks, and World’s Best Investment Banks.


Data Sources:

IMF World Economic Outlook

UN World Population Prospects

World Inequality Report

S&P Global Ratings

Moody’s

Fitch Ratings

IMF Direction of Trade Statistics (DOTS)

UN Conference on Trade and Development (UNCTAD)

CIA The World Factbook

World Bank’s World Integrated Trade Solution

Forbes Global 2000

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