Yemen | Economic Forecasts | 2017-2020 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 Q4/17 Q1/18 Q2/18 Q3/18 2020
Currency 250.00 247 245 242 240 212 [+]
GDP Actual Q4/17 Q1/18 Q2/18 Q3/18 2020
GDP Annual Growth Rate -9.80 6.5 4 4 4 3.3 percent [+]
GDP 27.30 33 33 35 35 37 USD Billion [+]
GDP Constant Prices 2573931046.53 2162199812 2178969058 2195738303 2212507548 1902355825 YER THO [+]
Gross National Product 6052056580.27 6407133615 6187463513 5967793411 5748123309 4044373065 YER THO [+]
GDP per capita 679.70 735 739 744 749 1292 USD [+]
GDP per capita PPP 2325.10 3612 2529 2545 2561 3980 USD [+]
LABOUR Actual Q4/17 Q1/18 Q2/18 Q3/18 2020
Unemployment Rate 17.10 18 17 17 16.55 15 percent [+]
Population 27.58 25.5 25 25 28.7 25 Million [+]
PRICES Actual Q4/17 Q1/18 Q2/18 Q3/18 2020
Inflation Rate 9.49 23 20 18 11.3 9 percent [+]
Core Consumer Prices 179.15 177 176 176 176 172 Index Points [+]
Food Inflation 3.54 4.5 4.9 5.1 4.6 3.6 percent [+]
MONEY Actual Q4/17 Q1/18 Q2/18 Q3/18 2020
Interest Rate 15.00 15 15 15 15.25 13 percent [+]
Foreign Exchange Reserves 5344296.89 5602841 5541589 5480337 5419084 5568153 USD THO [+]
Deposit Interest Rate 15.25 14.64 14.84 15.03 15.22 14.98 percent [+]
TRADE Actual Q4/17 Q1/18 Q2/18 Q3/18 2020
Balance of Trade -6966.68 -6075 -6321 -6567 -6813 -4405 USD Million [+]
Exports 149.51 -738 -1206 -1675 -2143 -2500 USD Million [+]
Imports 7116.19 3522 3122 2722 2322 4411 USD Million [+]
Current Account -1920.00 -1967 -1787 -1607 -1426 -942 USD Million [+]
Current Account to GDP -5.60 -10 -9 -9 -3.48 -5 percent [+]
Capital Flows -14.00 538 287 36.68 -214 554 USD Million [+]
Gold Reserves 1.60 1.56 1.56 1.56 1.56 1.56 Tonnes [+]
Terrorism Index 7.88 8.05 8.1 8.16 8.21 7.51 [+]
Foreign Direct Investment -561.00 -30.18 53.31 137 220 307 USD Million [+]
Crude Oil Production 11.00 17.73 19.1 20.45 21.79 33.42 BBL/D/1K [+]
GOVERNMENT Actual Q4/17 Q1/18 Q2/18 Q3/18 2020
Government Debt to GDP 85.40 63 60 60 97.2 56 percent [+]
Government Budget -13.50 -9.89 -8.95 -8.02 -7.08 -5.17 percent of GDP [+]
Government Spending 375277077.27 280584654 262805418 245026183 227246947 165134711 YER THO [+]
Military Expenditure 2229.70 2165 2162 2159 2156 2267 USD Million [+]
BUSINESS Actual Q4/17 Q1/18 Q2/18 Q3/18 2020
IP Addresses 113777.00 104252 101674 99564 97394 80853 IP [+]
Ease of Doing Business 186.00 176 179 181 182 176 [+]
Competitiveness Index 2.87 2.82 2.82 2.82 2.82 3.02 Points [+]
Competitiveness Rank 137.00 139 139 139 139 139 [+]
Corruption Index 14.00 16 16 16 15 17 Points [+]
Corruption Rank 170.00 150 152 154 156 143 [+]
CONSUMER Actual Q4/17 Q1/18 Q2/18 Q3/18 2020
Consumer Spending 10318139762.49 9943981508 9979520395 10015059283 10050598170 9790266766 USD [+]
TAXES Actual Q4/17 Q1/18 Q2/18 Q3/18 2020
Corporate Tax Rate 20.00 23 24 24 25 28 percent [+]
Personal Income Tax Rate 15.00 16 16 16 16 17 percent [+]
Sales Tax Rate 5.00 5 5 5 5 5 percent [+]
CLIMATE Actual Q4/17 Q1/18 Q2/18 Q3/18 2020
Precipitation 7.00 12.8 12.8 12.8 12.8 12.8 mm [+]
Temperature 20.00 20.79 21.46 25.56 24.81 21.78 celsius [+]