Yemen - Economic Forecasts - 2018-2020 Outlook

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 Q3/18 Q4/18 Q1/19 Q2/19 2020
Currency 249.90
251 253 254 256 261
GDP Actual Q3/18 Q4/18 Q1/19 Q2/19 2020
GDP Annual Growth Rate -2.00
percent
-4 -4 -3 -3 -3
GDP 18.21
USD Billion
22 22 27 27 32
GDP Constant Prices 3130050000.00
YER THO
3004848000 3004848000 3036148500 3036148500 2798114458
Gross National Product 5544110000.00
YER THO
5322345600 5322345600 5377786700 5377786700 4956168223
GDP per capita 432.40
USD
1150 1150 1244 1244 1292
GDP per capita PPP 1479.10
USD
1107 3708 3887 3887 3980
Gross Fixed Capital Formation 127975000.00
YER THO
-36662039 -71324729 -31225624 8873480 361023853
LABOUR Actual Q3/18 Q4/18 Q1/19 Q2/19 2020
Unemployment Rate 14.00
percent
14 14 13.6 13.6 13
Population 28.25
Million
28.75 25 29.09 29.26 25
PRICES Actual Q3/18 Q4/18 Q1/19 Q2/19 2020
Inflation Rate 9.49
percent
12.8 18 18 12.8 9
Core Consumer Prices 179.15
Index Points
176 175 175 175 172
MONEY Actual Q3/18 Q4/18 Q1/19 Q2/19 2020
Interest Rate 15.00
percent
15 14 14 15 13
Foreign Exchange Reserves 5344296.89
USD THO
5659312 5602840 5541586 5480333 5390685
Deposit Interest Rate 15.25
percent
15.25 14.25 14.25 15.25 13.25
TRADE Actual Q3/18 Q4/18 Q1/19 Q2/19 2020
Balance of Trade -6966.68
USD Million
-8106 -9771 -9381 -9771 -7478
Exports 500.58
USD Million
221 235 663 1091 3643
Imports 7176.70
USD Million
8327 9225 10044 10863 11121
Current Account -1920.00
USD Million
-1979 -2133 -2002 -1871 -1688
Current Account to GDP -5.60
percent
-9 -9 -7 -7 -5
Capital Flows -14.00
USD Million
582 690 514 338 -14
Gold Reserves 1.60
Tonnes
1.59 1.59 1.59 1.59 1.59
Terrorism Index 7.88
8.27 8.34 8.25 8.16 8.19
Foreign Direct Investment -561.00
USD Million
-504 -157 -220 -283 -654
Crude Oil Production 16.00
BBL/D/1K
15.99 15.57 15.76 15.71 15.71
GOVERNMENT Actual Q3/18 Q4/18 Q1/19 Q2/19 2020
Government Debt to GDP 83.50
percent
60 60 58 58 56
Government Budget -13.50
percent of GDP
-8.98 -9.89 -8.95 -8.02 -5.32
Government Spending 543268000.00
YER THO
521537280 521537280 526969960 526969960 485655515
Military Expenditure 2510.20
USD Million
2570 2568 2587 2605 2725
BUSINESS Actual Q3/18 Q4/18 Q1/19 Q2/19 2020
Internet Speed 968.83
KBps
993 998 976 983 1016
IP Addresses 113777.00
IP
113538 113598 113536 113600 113581
Ease of Doing Business 186.00
181 182 182 181 173
Competitiveness Index 2.87
Points
2.82 2.82 2.97 3.02 2.97
Competitiveness Rank 137.00
137 137 141 143 142
Corruption Index 16.00
Points
15 15 15 15 16
Corruption Rank 175.00
170 174 175 176 173
CONSUMER Actual Q3/18 Q4/18 Q1/19 Q2/19 2020
Consumer Spending 13979265549.00
USD
12737439814 13462927005 13296715832 13130504659 12463886822
TAXES Actual Q3/18 Q4/18 Q1/19 Q2/19 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 Q3/18 Q4/18 Q1/19 Q2/19 2020
Precipitation 7.72
mm
21.12 7.65 10.02 14 14.42
Temperature 20.15
celsius
29.97 23.34 22.58 28.99 26.85