GDP in Yemen

Yemen GDP | Economic News & Forecasts

Yemen - GDP

Fighting between Iran-aligned Houthi forces and Saudi-backed government troops has intensified in the port city of Hodeidah in recent days, which is a critical entry-exit point for merchandise trade. This has dampened raised hopes of peace prospects; earlier in May, the UN had praised the Houthis for pulling out of the city “partly as agreed” under the terms of a long-delayed withdrawal plan. A return to peace is vital for the downtrodden economy, which has been in the grips of a severe five-year long recession. In addition, conflict has raged elsewhere across the country, even spilling over into Saudi Arabia, with Houthis targeting oil facilities more than 400 miles inside the country using armed drones. Against this backdrop, the UN World Food Programme warned it could suspend aid to Yemen.

Yemen - GDP Data

2013  2014  2015  2016  2017  
Economic Growth (GDP, annual variation in %)3.6  -10.6  -29.2  -9.8  -     

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Yemen GDP Chart


Yemen GDP
Note: Annual variation of gross domestic product (GDP) in %.
Source: Central Bank of Yemen.

Yemen Facts

ValueChangeDate
Exchange Rate250.40.0 %Jun 20
Stock Market0.10.0 %Jun 20

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