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 Q1/18 Q2/18 Q3/18 Q4/18 2020
Currency 249.95
251 253 254 256 262
GDP Actual Q1/18 Q2/18 Q3/18 Q4/18 2020
GDP Annual Growth Rate -9.80
percent
4 4 4 4 3.3
GDP 27.30
USD Billion
33 35 35 34 37
GDP Constant Prices 3130050000.00
YER THO
2871340585 2938725756 3006110928 3073496100 2778589486
Gross National Product 5544110000.00
YER THO
5652260058 5333533875 5014807692 4696081510 2633911374
GDP per capita 679.70
USD
725 728 731 1150 1292
GDP per capita PPP 2325.10
USD
2479 2490 2502 3708 3980
LABOUR Actual Q1/18 Q2/18 Q3/18 Q4/18 2020
Unemployment Rate 17.10
percent
17 17 16.75 17 15
Population 27.58
Million
25 25 28.06 25 25
PRICES Actual Q1/18 Q2/18 Q3/18 Q4/18 2020
Inflation Rate 9.49
percent
20 18 11.7 18 9
Core Consumer Prices 179.15
Index Points
176 176 176 175 172
Food Inflation 3.54
percent
50 50 50 50 15
MONEY Actual Q1/18 Q2/18 Q3/18 Q4/18 2020
Interest Rate 15.00
percent
15 15 15 14 13
Foreign Exchange Reserves 5344296.89
USD THO
5968540 6048973 6129406 6209840 5045754
Deposit Interest Rate 15.25
percent
16.46 15.86 15.25 14.64 14.98
TRADE Actual Q1/18 Q2/18 Q3/18 Q4/18 2020
Balance of Trade -6966.68
USD Million
-7602 -7093 -6584 -6075 -4405
Exports 149.51
USD Million
1690 881 71.44 -738 -2500
Imports 7116.19
USD Million
8064 6550 5036 3522 4411
Current Account -1920.00
USD Million
-1524 -1672 -1820 -1967 -942
Current Account to GDP -5.60
percent
-9 -9 -3.9 -9 -5
Capital Flows -14.00
USD Million
637 604 571 538 554
Gold Reserves 1.60
Tonnes
1.55 1.58 1.55 1.56 1.55
Terrorism Index 7.88
8.03 8.06 8.1 8.14 7.12
Foreign Direct Investment -561.00
USD Million
-695 -473 -252 -30.18 307
Crude Oil Production 11.00
BBL/D/1K
14.88 16.2 17.52 18.82 28.94
GOVERNMENT Actual Q1/18 Q2/18 Q3/18 Q4/18 2020
Government Debt to GDP 85.40
percent
60 60 87.4 60 56
Government Budget -13.50
percent of GDP
-7.17 -8.08 -8.98 -9.89 -5.17
Government Spending 543268000.00
YER THO
423883050 448067101 472251151 496435201 520429249
Military Expenditure 2229.70
USD Million
2192 2183 2174 2165 2267
BUSINESS Actual Q1/18 Q2/18 Q3/18 Q4/18 2020
Internet Speed 968.83
KBps
892 909 927 902 858
IP Addresses 113777.00
IP
101674 99564 97394 95296 80853
Ease of Doing Business 186.00
178 179 181 182 176
Competitiveness Index 2.87
Points
2.82 2.82 2.82 2.82 2.97
Competitiveness Rank 137.00
139 139 139 139 139
Corruption Index 14.00
Points
17 17 17 16 17
Corruption Rank 170.00
154 153 151 150 143
CONSUMER Actual Q1/18 Q2/18 Q3/18 Q4/18 2020
Consumer Spending 13979265549.00
USD
11300527435 12039824784 12779122132 13518419481 12815749848
TAXES Actual Q1/18 Q2/18 Q3/18 Q4/18 2020
Corporate Tax Rate 20.00
percent
22 22 22 22 24
Personal Income Tax Rate 15.00
percent
15 15 15 15 16
Sales Tax Rate 5.00
percent
5 5 5 5 5
CLIMATE Actual Q1/18 Q2/18 Q3/18 Q4/18 2020
Precipitation 7.72
mm
10 17.63 21.12 7.65 14.42
Temperature 20.15
celsius
22.54 29.26 29.97 23.34 26.85