Merchandise trade as a proportion of GDP (%) in Yemen
Yemen: Merchandise trade as a proportion of GDP (%) was 24.0% in 2024. ▼ Falling
Latest (2024)
24.0%
Change on year
down 2.4%
World rank
206th
of 220 countries
All-time high
68.4%
in 2007
All-time low
11.1%
in 2016
Years of data
25
2000–2024
Merchandise trade as a proportion of GDP in Yemen, 2000–2024
Source: United Nations Statistics Division, SDG Global Database. Measured in %.
Analysis
In 2024, merchandise trade as a proportion of gdp in Yemen stood at 24.0%.
The figure is down 2.4% on the previous year and down 28.2% over ten years.
Over the whole period, merchandise trade as a proportion of gdp in Yemen peaked at 68.4% in 2007 and was at its lowest, 11.1%, in 2016.
Yemen ranks 206th of 220 countries on this measure, in the bottom quarter.
The long-run direction has been consistently falling across the 25 years of available data.
Merchandise trade as a proportion of GDP (%) in Yemen, year by year
| Year | % | Change |
|---|---|---|
| 2000 | 66.2% | — |
| 2001 | 59.3% | -10.4% |
| 2002 | 58.5% | -1.3% |
| 2003 | 62.9% | +7.5% |
| 2004 | 58.1% | -7.6% |
| 2005 | 65.7% | +13.0% |
| 2006 | 66.8% | +1.7% |
| 2007 | 68.4% | +2.5% |
| 2008 | 67.4% | -1.5% |
| 2009 | 61.5% | -8.8% |
| 2010 | 50.8% | -17.4% |
| 2011 | 51.9% | +2.2% |
| 2012 | 51.8% | -0.3% |
| 2013 | 50.5% | -2.5% |
| 2014 | 33.4% | -33.7% |
| 2015 | 16.7% | -50.1% |
| 2016 | 11.1% | -33.6% |
| 2017 | 12.2% | +10.2% |
| 2018 | 16.7% | +36.6% |
| 2019 | 24.1% | +44.7% |
| 2020 | 24.9% | +3.4% |
| 2021 | 30.3% | +21.5% |
| 2022 | 26.0% | -14.3% |
| 2023 | 24.6% | -5.2% |
| 2024 | 24.0% | -2.4% |
Yemen compared with similar countries
- Yemen's 24.0% is below the median for low income countries, which is 38.8%, 62% of the median. (23 countries reporting)
- Yemen's 24.0% is below the median for Middle East, North Africa, Afghanistan & Pakistan, which is 67.4%, 36% of the median. (21 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 63.5% | 58.1% | 68.4% | 10 |
| 2010s | 31.9% | 11.1% | 51.9% | 10 |
| 2020s | 26.0% | 24.0% | 30.3% | 5 |
Countries ranked near Yemen
- 203 Bangladesh 25.6% compare
- 204 Caribbean 25.4% compare
- 205 Venezuela (Bolivarian Republic of) 24.4% compare
- 207 Pakistan 23.9% compare
- 208 Central African Republic 23.8% compare
- 209 Kenya 23.5% compare
More economy & growth data for Yemen
- Real gdp growth, annual growth rate 84.27 % change on previous year (2024)
- 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)
- SDRs holdings, US dollar, annual growth rate -7.91 % change on previous year (2025)
- SDRs holdings, US dollar, per unit of GDP 0.0019 units per US$ of GDP (2018)
- SDRs holdings, US dollar, per capita 0.6707 units per person (2025)
- SDRs holdings, SDR, annual growth rate -12.31 % change on previous year (2025)
- SDRs holdings, SDR, per unit of GDP 0.0014 units per US$ of GDP (2018)
- SDRs holdings, SDR, per capita 0.4898 units per person (2025)
- IMF holdings of currency, US dollar, annual growth rate 5.01 % change on previous year (2025)
Frequently asked questions
- What is merchandise trade as a proportion of gdp in Yemen?
- Merchandise trade as a proportion of gdp in Yemen was 24.0% in 2024, according to United Nations Statistics Division, SDG Global Database.
- What is the highest merchandise trade as a proportion of gdp recorded in Yemen?
- The highest recorded value was 68.4% in 2007.
- What is the lowest merchandise trade as a proportion of gdp recorded in Yemen?
- The lowest recorded value was 11.1% in 2016.
- How does Yemen rank for merchandise trade as a proportion of gdp?
- Yemen ranks 206th out of 220 countries with data for 2024.
- Is merchandise trade as a proportion of gdp rising or falling in Yemen?
- Over the last ten years it is down 28.2%. The long-run trend across the full record is falling.
- Where does this Yemen data come from?
- The figures come from United Nations Statistics Division, SDG Global Database, published as part of Merchandise trade as a proportion of GDP (%). Statizoid updates them automatically from the source API.
Download this data
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