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 Q2/17 Q3/17 Q4/17 Q1/18 2020
Currency 249.95 252 255 262 260 300 [+]
GDP Actual Q2/17 Q3/17 Q4/17 Q1/18 2020
GDP Annual Growth Rate -28.10 6.5 6.5 6.5 4 3.3 percent [+]
GDP 37.73 34 40.83 33 39.21 37 USD Billion [+]
GDP Constant Prices 2573931046.53 3117823987 2618981499 2120139010 2111690818 2083628430 YER THO [+]
Gross National Product 6052056580.27 6905025246 6448090365 5991155483 5977772403 5812849294 YER THO [+]
GDP per capita 774.50 914 822 731 722 1292 USD [+]
GDP per capita PPP 2649.31 3687 2808 3612 2461 3980 USD [+]
LABOUR Actual Q2/17 Q3/17 Q4/17 Q1/18 2020
Unemployment Rate 17.10 18 18 18 17 15 percent [+]
Population 26.83 25.5 25.51 25.5 25 25 Million [+]
PRICES Actual Q2/17 Q3/17 Q4/17 Q1/18 2020
Inflation Rate 9.49 28 25 23 20 9 percent [+]
Core Consumer Prices 179.15 210 213 216 219 252 Index Points [+]
Food Inflation 3.54 3.44 3.44 3.44 3.44 3.44 percent [+]
MONEY Actual Q2/17 Q3/17 Q4/17 Q1/18 2020
Interest Rate 15.00 15 15 15 15 13 percent [+]
Foreign Exchange Reserves 5344296.89 5715781 5659311 5602841 5541589 5568153 USD THO [+]
Deposit Interest Rate 15.25 17.95 17.88 17.82 18.25 17.66 percent [+]
TRADE Actual Q2/17 Q3/17 Q4/17 Q1/18 2020
Balance of Trade -2914.30 -2324 -2364 -2404 -2380 -2284 USD Million [+]
Exports 3290.04 7479 6803 6127 6074 5808 USD Million [+]
Imports 10967.32 12839 11262 9684 9617 9346 USD Million [+]
Current Account -1530.50 -1373 -1650 -1927 -1923 -1592 USD Million [+]
Current Account to GDP -8.00 -10 -10 -10 -9 -5 percent [+]
Capital Flows -14.00 481 592 703 524 700 USD Million [+]
Gold Reserves 1.56 1.56 1.56 1.56 1.56 1.56 Tonnes [+]
Terrorism Index 8.08 8.14 8.13 8.12 8.26 8.81 [+]
Foreign Direct Investment 2032.90 1987 2071 2154 2120 1985 USD Million [+]
Crude Oil Production 12.00 13.9 15.14 14.28 14.69 14.58 BBL/D/1K [+]
GOVERNMENT Actual Q2/17 Q3/17 Q4/17 Q1/18 2020
Government Debt to GDP 48.20 63 63 63 60 56 percent [+]
Government Budget -8.00 -4.13 -4.3 -4.46 -4.12 -2.52 percent of GDP [+]
Government Spending 375277077.27 370178892 331811238 293443584 275773273 161324406 YER THO [+]
Military Expenditure 2229.70 2286 2283 2281 2298 2442 USD Million [+]
BUSINESS Actual Q2/17 Q3/17 Q4/17 Q1/18 2020
Ease of Doing Business 179.00 184 187 190 184 133 [+]
Competitiveness Index 2.74 2.79 2.79 2.79 2.73 2.78 Points [+]
Competitiveness Rank 138.00 140 140 140 140 140 [+]
Corruption Index 14.00 17 17 16 16 17 Points [+]
Corruption Rank 170.00 153 151 150 152 143 [+]
CONSUMER Actual Q2/17 Q3/17 Q4/17 Q1/18 2020
Consumer Spending 10318139762.49 11164060849 10607204044 10050347238 10122052785 9794205586 USD [+]
TAXES Actual Q2/17 Q3/17 Q4/17 Q1/18 2020
Corporate Tax Rate 20.00 20 20 20 20 20 percent [+]
Personal Income Tax Rate 15.00 15 15 15 15 15 percent [+]
Sales Tax Rate 5.00 4.39 4.21 4.03 4.09 4.35 percent [+]