External balance on goods and services in Yemen
Yemen: External balance on goods and services was -4.47 trillion current LCU in 2018. ◆ Volatile
External balance on goods and services in Yemen, 1990–2018
Source: Country official statistics, National Statistical Organizations and/or Central Banks. Measured in current LCU.
Analysis
In 2018, external balance on goods and services in Yemen stood at -4.47 trillion current LCU. That is the lowest value across all 29 years on record.
The figure is down 89.2% on the previous year and down 1,391.1% over ten years.
Over the whole period, external balance on goods and services in Yemen peaked at 161.08 billion current LCU in 2005 and was at its lowest, -4.47 trillion current LCU, in 2018.
Yemen ranks 177th of 192 countries on this measure, in the bottom quarter.
The series is highly variable year to year, so single readings are best treated with caution.
External balance on goods and services in Yemen, year by year
| Year | current LCU | Change |
|---|---|---|
| 1990 | -7.83 billion current LCU | — |
| 1991 | -22.15 billion current LCU | +182.9% |
| 1992 | -29.61 billion current LCU | +33.7% |
| 1993 | -47.74 billion current LCU | +61.2% |
| 1994 | 35.64 billion current LCU | -174.7% |
| 1995 | 18.28 billion current LCU | -48.7% |
| 1996 | -66.21 billion current LCU | -462.1% |
| 1997 | -67.00 billion current LCU | +1.2% |
| 1998 | -168.17 billion current LCU | +151.0% |
| 1999 | -27.67 billion current LCU | -83.5% |
| 2000 | 114.99 billion current LCU | -515.6% |
| 2001 | 14.98 billion current LCU | -87.0% |
| 2002 | -13.67 billion current LCU | -191.3% |
| 2003 | -32.51 billion current LCU | +137.7% |
| 2004 | 23.54 billion current LCU | -172.4% |
| 2005 | 161.08 billion current LCU | +584.2% |
| 2006 | 16.58 billion current LCU | -89.7% |
| 2007 | -315.24 billion current LCU | -2001.4% |
| 2008 | -299.48 billion current LCU | -5.0% |
| 2009 | -582.20 billion current LCU | +94.4% |
| 2010 | -298.31 billion current LCU | -48.8% |
| 2011 | -166.43 billion current LCU | -44.2% |
| 2012 | -882.63 billion current LCU | +430.3% |
| 2013 | -676.78 billion current LCU | -23.3% |
| 2014 | -490.00 billion current LCU | -27.6% |
| 2015 | -1.20 trillion current LCU | +145.2% |
| 2016 | -1.91 trillion current LCU | +58.8% |
| 2017 | -2.36 trillion current LCU | +23.7% |
| 2018 | -4.47 trillion current LCU | +89.2% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | -38.24 billion current LCU | -168.17 billion current LCU | 35.64 billion current LCU | 10 |
| 2000s | -91.19 billion current LCU | -582.20 billion current LCU | 161.08 billion current LCU | 10 |
| 2010s | -1.38 trillion current LCU | -4.47 trillion current LCU | -166.43 billion current LCU | 9 |
Countries ranked near Yemen
More economy & growth data for Yemen
- Africa's Development Dynamics (AfDD) Table 04 - Annual real GDP 3.38 Percent per annum (2029)
- Africa's Development Dynamics (AfDD) Table 02 - Annual real GDP 5.5 Percent per annum (2029)
- Net primary income (Net income from abroad) (current LCU), annual -19.07 % change on previous year (2018)
- Taxes less subsidies on products (current US$), annual growth rate -19.51 % change on previous year (2018)
- Taxes less subsidies on products (current US$), per unit of GDP 0.04 current US$ per US$ of GDP (2018)
- Taxes less subsidies on products (current US$), per capita 25.36 current US$ per person (2018)
- Taxes less subsidies on products (current LCU), annual growth rate 15.72 % change on previous year (2018)
- Taxes less subsidies on products (current LCU), per unit of GDP 21.44 current LCU per US$ of GDP (2018)
- Taxes less subsidies on products (current LCU), per capita 13,588 current LCU per person (2018)
- Special drawing rights per domestic currency (End-of-period (EoP)) 0.0005 (2023)
Frequently asked questions
- What is external balance on goods and services in Yemen?
- External balance on goods and services in Yemen was -4.47 trillion current LCU in 2018, according to Country official statistics, National Statistical Organizations and/or Central Banks.
- What is the highest external balance on goods and services recorded in Yemen?
- The highest recorded value was 161.08 billion current LCU in 2005.
- What is the lowest external balance on goods and services recorded in Yemen?
- The lowest recorded value was -4.47 trillion current LCU in 2018.
- How does Yemen rank for external balance on goods and services?
- Yemen ranks 177th out of 192 countries with data for 2018.
- Is external balance on goods and services rising or falling in Yemen?
- Over the last ten years it is down 1,391.1%. The long-run trend across the full record is volatile.
- Where does this Yemen data come from?
- The figures come from Country official statistics, National Statistical Organizations and/or Central Banks, published as part of External balance on goods and services (current LCU). Statizoid updates them automatically from the source API.
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About this data
The balance of international trade in goods and services is the difference between the exports and imports of goods and services. This indicator is expressed in current prices, meaning no adjustment has been made to account for price changes over time. This series is expressed in local currency units.