Net trade in goods and services in Yemen
Yemen: Net trade in goods and services was -7.32 billion BoP, current US$ in 2016. ◆ Volatile
Net trade in goods and services in Yemen, 2005–2016
Source: Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in BoP, current US$.
Analysis
In 2016, net trade in goods and services in Yemen stood at -7.32 billion BoP, current US$. That is the lowest value across all 12 years on record.
Compared with earlier readings it is down 25.5% on the previous year and down 8,805.3% over ten years.
Over the whole period, net trade in goods and services in Yemen peaked at 830.93 million BoP, current US$ in 2005 and was at its lowest, -7.32 billion BoP, current US$, in 2016.
That places Yemen 173rd out of 198 countries with data for 2016, putting it in the bottom quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | -1.01 billion BoP, current US$ | -2.87 billion BoP, current US$ | 830.93 million BoP, current US$ | 5 |
| 2010s | -4.06 billion BoP, current US$ | -7.32 billion BoP, current US$ | -323.76 million BoP, current US$ | 7 |
Countries ranked near Yemen
- 170 Kyrgyzstan -6.64 billion BoP, current US$ compare
- 171 France -6.78 billion BoP, current US$ compare
- 172 Kenya -7.29 billion BoP, current US$ compare
- 174 Jordan -7.71 billion BoP, current US$ compare
- 175 Senegal -7.92 billion BoP, current US$ compare
- 176 Honduras -8.70 billion BoP, current US$ compare
More economy & growth data for Yemen
- External balance on goods and services as a percent of GDP -38.6% (2018)
- Inflation of consumer prices 8.1% (2014)
- GDP per capita 1,079 constant 2015 US$ (2018)
- Gross domestic product (GDP) 36.79 billion constant 2015 US$ (2018)
- GDP per capita in international and market dollars 1,079 constant 2015 US$ (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 net trade in goods and services in Yemen?
- Net trade in goods and services in Yemen was -7.32 billion BoP, current US$ in 2016, according to Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF).
- What is the highest net trade in goods and services recorded in Yemen?
- The highest recorded value was 830.93 million BoP, current US$ in 2005.
- What is the lowest net trade in goods and services recorded in Yemen?
- The lowest recorded value was -7.32 billion BoP, current US$ in 2016.
- How does Yemen rank for net trade in goods and services?
- Yemen ranks 173rd out of 198 countries with data for 2016.
- Is net trade in goods and services rising or falling in Yemen?
- Over the last ten years it is down 8,805.3%. 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 Net trade in goods and services (BoP, current US$). 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 indicator is expressed in United States dollars.