This page has economic forecasts for Yemen including a long-term outlook for the next decades, plus medium-term expectations for the next four quarters and short-term market predictions for the next release affecting the Yemen economy.


MARKETS Actual Q4/18 Q1/19 Q2/19 Q3/19 2020
Currency 249.90
250 250 250 250 250
GDP Actual Q4/18 Q1/19 Q2/19 Q3/19 2020
GDP Annual Growth Rate -2.00
percent
-4 -3 -3 -6.4 -3
GDP 18.21
USD Billion
22 27 27 27 32
GDP Constant Prices 3130050000.00
YER THO
3004848000 3036148500 3036148500 2812537728 2798114458
Gross National Product 5544110000.00
YER THO
5322345600 5377786700 5377786700 4981715482 4956168223
GDP per capita 432.40
USD
400 420 420 420 420
GDP per capita PPP 1479.10
USD
1100 980 980 980 980
Gross Fixed Capital Formation 127975000.00
YER THO
-71324729 -31225624 8873480 48972584 361023853
LABOUR Actual Q4/18 Q1/19 Q2/19 Q3/19 2020
Unemployment Rate 14.00
percent
14 13.6 13.6 13.6 13
Population 28.25
Million
25 29.09 29.26 29.43 25
PRICES Actual Q4/18 Q1/19 Q2/19 Q3/19 2020
Inflation Rate 9.49
percent
18 17 16 15 9
Core Consumer Prices 179.15
Index Points
175 175 175 175 172
MONEY Actual Q4/18 Q1/19 Q2/19 Q3/19 2020
Interest Rate 15.00
percent
14 14 13 13 13
Foreign Exchange Reserves 5344296.89
USD THO
5602840 5541586 5480333 5419079 5390685
TRADE Actual Q4/18 Q1/19 Q2/19 Q3/19 2020
Balance of Trade -6966.68
USD Million
-9771 -9381 -9771 -10162 -7478
Exports 500.58
USD Million
235 663 1091 1519 3643
Imports 7176.70
USD Million
9225 10044 10863 11681 11121
Current Account -1920.00
USD Million
-2133 -2002 -1871 -1741 -1688
Current Account to GDP -5.60
percent
-9 -7 -7 -7 -5
Capital Flows -14.00
USD Million
690 514 338 162 -14
Gold Reserves 1.60
Tonnes
1.59 1.6 1.59 1.6 1.59
Terrorism Index 7.88
7.88 7.88 7.88 7.88 7.88
Foreign Direct Investment -561.00
USD Million
-157 -220 -283 -346 -654
Crude Oil Production 16.00
BBL/D/1K
15.55 15.93 15.74 15.8 15.79
GOVERNMENT Actual Q4/18 Q1/19 Q2/19 Q3/19 2020
Government Debt to GDP 83.50
percent
60 58 58 58 56
Government Budget -13.50
percent of GDP
-13.5 -13.5 -13.5 -13.5 -13.5
Government Spending 543268000.00
YER THO
521537280 526969960 526969960 488158894 485655515
Military Expenditure 2510.20
USD Million
2568 2587 2605 2624 2725
BUSINESS Actual Q4/18 Q1/19 Q2/19 Q3/19 2020
Internet Speed 968.83
KBps
998 976 983 999 1016
IP Addresses 113777.00
IP
113598 113536 113600 113575 113581
Competitiveness Index 36.40
Points
37.4 37.4 37.4 37.4 42.4
Competitiveness Rank 139.00
139 139 139 139 139
Corruption Index 16.00
Points
16 16 16 16 16
Corruption Rank 175.00
175 175 175 175 175
Ease of Doing Business 187.00
174 171 170 169 138
CONSUMER Actual Q4/18 Q1/19 Q2/19 Q3/19 2020
Consumer Spending 13979265549.00
USD
13462927005 13296715832 13130504659 13130504659 12463886822
TAXES Actual Q4/18 Q1/19 Q2/19 Q3/19 2020
Corporate Tax Rate 20.00
percent
20 20 20 20 20
Personal Income Tax Rate 15.00
percent
15 15 15 15 15
Sales Tax Rate 5.00
percent
5 5 5 5 5
CLIMATE Actual Q4/18 Q1/19 Q2/19 Q3/19 2020
Precipitation 7.72
mm
7.65 10.02 14 14 14.42
Temperature 20.15
celsius
23.34 22.58 28.99 27.57 26.85



Yemen - Economic Forecasts - 2018-2020 Outlook