Current account balance in Yemen
Yemen: Current account balance was -2.42 billion BoP, current US$ in 2016. ◆ Volatile
Current account balance in Yemen, 2005–2016
Source: Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in BoP, current US$.
Analysis
The most recent figure for current account balance in Yemen is -2.42 billion BoP, current US$, measured in 2016.
Compared with earlier readings it is up 20.1% on the previous year and down 1,275.8% over ten years.
Over the whole period, current account balance in Yemen peaked at 624.15 million BoP, current US$ in 2005 and was at its lowest, -3.03 billion BoP, current US$, in 2015.
That places Yemen 153rd out of 198 countries with data for 2016, putting it in the bottom quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | -891.43 million BoP, current US$ | -2.53 billion BoP, current US$ | 624.15 million BoP, current US$ | 5 |
| 2010s | -1.48 billion BoP, current US$ | -3.03 billion BoP, current US$ | -334.62 million BoP, current US$ | 7 |
Countries ranked near Yemen
- 150 Armenia -2.11 billion BoP, current US$ compare
- 151 Malawi -2.13 billion BoP, current US$ compare
- 152 Tanzania -2.38 billion BoP, current US$ compare
- 154 Suriname -2.48 billion BoP, current US$ compare
- 155 Mongolia -2.49 billion BoP, current US$ compare
- 156 Mozambique -2.49 billion BoP, current US$ compare
More economy & growth data for Yemen
- External balance on goods and services as a percent of gdp -38.57 (2018)
- Inflation of consumer prices 8.1 (2014)
- Gdp per capita worldbank constant usd 1,079 (2018)
- Gdp worldbank constant usd 36.79 billion (2018)
- Gdp per capita in international and market dollars 1,079 (2018)
- DEC alternative conversion factor 2,091 LCU per US$ (2025)
- Net secondary income (Net current transfers from abroad) 4.42 trillion current LCU (2018)
- Net secondary income (Net current transfers from abroad) 8.25 billion current US$ (2018)
- Taxes less subsidies on products 463.15 billion current LCU (2018)
- Taxes less subsidies on products 864.25 million current US$ (2018)
Frequently asked questions
- What is current account balance in Yemen?
- Current account balance in Yemen was -2.42 billion BoP, current US$ in 2016, according to Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF).
- What is the highest current account balance recorded in Yemen?
- The highest recorded value was 624.15 million BoP, current US$ in 2005.
- What is the lowest current account balance recorded in Yemen?
- The lowest recorded value was -3.03 billion BoP, current US$ in 2015.
- How does Yemen rank for current account balance?
- Yemen ranks 153rd out of 198 countries with data for 2016.
- Is current account balance rising or falling in Yemen?
- Over the last ten years it is down 1,275.8%. The long-run trend across the full record is volatile.
- Where does this Yemen data come from?
- The figures come from Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF), published as part of Current account balance (BoP, current US$). Statizoid updates them automatically from the source API.
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About this data
Balance of current transactions (transactions in goods and services, earned income and transfer income) between residents and non-residents. The term current account balance is used in the external accounts and is expressed from the perspective of resident units. The term current external balance is used in the national accounts and is expressed from the perspective of the non-resident units, and therefore with the opposite sign. This indicator is expressed in current prices, meaning no adjustment has been made to account for price changes over time. This indicator is expressed in United States dollars.