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 Q2/18 Q3/18 Q4/18 Q1/19 2020
Currency 249.95
251 253 254 256 262
GDP Actual Q2/18 Q3/18 Q4/18 Q1/19 2020
GDP Annual Growth Rate -2.00
percent
-4 -4 -4 -3 3.3
GDP 27.30
USD Billion
35 35 34 35 37
GDP Constant Prices 3130050000.00
YER THO
3004848000 3004848000 3125041920 3036148500 3131323254
Gross National Product 5544110000.00
YER THO
5322345600 5322345600 5535239424 5377786700 5546365255
GDP per capita 679.70
USD
728 1150 1150 1244 1292
GDP per capita PPP 2325.10
USD
2490 2502 3708 3887 3980
LABOUR Actual Q2/18 Q3/18 Q4/18 Q1/19 2020
Unemployment Rate 17.10
percent
17 16.75 17 16.65 15
Population 27.58
Million
25 27.39 25 27.54 25
PRICES Actual Q2/18 Q3/18 Q4/18 Q1/19 2020
Inflation Rate 9.49
percent
18 12.1 18 18 9
Core Consumer Prices 179.15
Index Points
176 176 175 175 172
MONEY Actual Q2/18 Q3/18 Q4/18 Q1/19 2020
Interest Rate 15.00
percent
15 15 14 14 13
Foreign Exchange Reserves 5344296.89
USD THO
6048973 6129406 6209840 6029051 4745575
Deposit Interest Rate 15.25
percent
15.86 15.25 14.64 14.84 15.1
TRADE Actual Q2/18 Q3/18 Q4/18 Q1/19 2020
Balance of Trade -6966.68
USD Million
-8609 -8154 -8379 -8100 -6886
Exports 149.51
USD Million
907 125 -656 -1074 -82.27
Imports 7116.19
USD Million
9516 8279 7042 7025 6803
Current Account -1920.00
USD Million
-1672 -1820 -1967 -1787 -1069
Current Account to GDP -5.60
percent
-9 -9 -9 -7 -5
Capital Flows -14.00
USD Million
604 571 538 287 -107
Gold Reserves 1.60
Tonnes
1.57 1.61 1.58 1.59 1.59
Terrorism Index 7.88
8.06 8.1 8.14 8.04 6.62
Foreign Direct Investment -561.00
USD Million
-473 -252 -30.18 53.31 163
Crude Oil Production 16.00
BBL/D/1K
18.28 19.6 20.89 22.18 35.75
GOVERNMENT Actual Q2/18 Q3/18 Q4/18 Q1/19 2020
Government Debt to GDP 83.50
percent
60 60 60 58 56
Government Budget -13.50
percent of GDP
-8.08 -8.98 -9.89 -8.95 -5.32
Government Spending 543268000.00
YER THO
521537280 521537280 542398771 526969960 543488993
Military Expenditure 2510.20
USD Million
2183 2174 2165 2162 2293
BUSINESS Actual Q2/18 Q3/18 Q4/18 Q1/19 2020
Internet Speed 968.83
KBps
909 927 902 892 838
IP Addresses 113777.00
IP
99564 97394 95296 93213 75179
Ease of Doing Business 186.00
179 181 182 182 173
Competitiveness Index 2.87
Points
2.82 2.82 2.82 3.02 2.97
Competitiveness Rank 137.00
139 139 139 138 139
Corruption Index 16.00
Points
15 15 15 15 16
Corruption Rank 175.00
167 170 174 175 173
CONSUMER Actual Q2/18 Q3/18 Q4/18 Q1/19 2020
Consumer Spending 13979265549.00
USD
12011952622 12737439814 13462927005 13296715832 12463886822
TAXES Actual Q2/18 Q3/18 Q4/18 Q1/19 2020
Corporate Tax Rate 20.00
percent
20 20 20 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 Q2/18 Q3/18 Q4/18 Q1/19 2020
Precipitation 7.72
mm
17.63 21.12 7.65 10.02 14.42
Temperature 20.15
celsius
29.26 29.97 23.34 22.58 26.85