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$, in 2016.
That places Yemen 175th out of 200 countries with data for 2016, putting it in the bottom quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Net trade in goods and services in Yemen, year by year
| Year | BoP, current US$ | Change |
|---|---|---|
| 2005 | 830.93 million BoP, current US$ | — |
| 2006 | 84.06 million BoP, current US$ | -89.9% |
| 2007 | -1.58 billion BoP, current US$ | -1984.4% |
| 2008 | -1.50 billion BoP, current US$ | -5.4% |
| 2009 | -2.87 billion BoP, current US$ | +91.5% |
| 2010 | -1.36 billion BoP, current US$ | -52.7% |
| 2011 | -323.76 million BoP, current US$ | -76.2% |
| 2012 | -4.31 billion BoP, current US$ | +1231.3% |
| 2013 | -3.46 billion BoP, current US$ | -19.7% |
| 2014 | -5.81 billion BoP, current US$ | +68.0% |
| 2015 | -5.83 billion BoP, current US$ | +0.3% |
| 2016 | -7.32 billion BoP, current US$ | +25.5% |
Yemen compared with similar countries
- Yemen's -7.32 billion BoP, current US$ is below the median for low income countries, which is -1.27 billion BoP, current US$, 5.7× the median. (23 countries reporting)
- Yemen's -7.32 billion BoP, current US$ is below the median for Middle East, North Africa, Afghanistan & Pakistan, which is 340.95 million BoP, current US$. (22 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | -1.01 billion BoP, current US$ | -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
- 172 Kyrgyzstan -6.64 billion BoP, current US$ compare
- 173 France -6.78 billion BoP, current US$ compare
- 174 Kenya -7.29 billion BoP, current US$ compare
- 176 Jordan -7.71 billion BoP, current US$ compare
- 177 Senegal -7.92 billion BoP, current US$ compare
- 178 Honduras -8.70 billion BoP, current US$ compare
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)
- Foreign direct investment, net outflows (BoP, current US$), gaps 3.33 million BoP, current US$ (2019)
- Foreign direct investment, net outflows (BoP, current US$), per unit 0.0002 BoP, current US$ per US$ of GDP (2018)
- Foreign direct investment, net outflows (BoP, current US$), per capita 0.0949 BoP, current US$ per person (2019)
- Foreign direct investment, net inflows (BoP, current US$), gaps filled -370.98 million BoP, current US$ (2019)
- Foreign direct investment, net inflows (BoP, current US$), annual -31.51 % change on previous year (2019)
- Foreign direct investment, net inflows (BoP, current US$), per unit -0.0131 BoP, current US$ per US$ of GDP (2018)
- Foreign direct investment, net inflows (BoP, current US$), per capita -10.57 BoP, current US$ per person (2019)
- Total reserves (includes gold, current US$), annual growth rate -25.9 % change on previous year (2022)
Frequently asked questions
- What is net trade in goods and services in Yemen?
- Net trade in goods and services in Yemen was -7.32 billion BoP, current US$ 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 175th out of 200 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.