Services, value added in Yemen
Yemen: Services, value added was -2.3% in 2018. ◆ Volatile
Services, value added in Yemen, 1991–2018
Source: Country official statistics, National Statistical Offices (NSOs). Measured in annual % growth.
Analysis
The most recent figure for services, value added in Yemen is -2.3%, measured in 2018.
Compared with earlier readings it is up 74.7% on the previous year and down 165.4% over ten years.
Over the whole period, services, value added in Yemen peaked at 27.2% in 1998 and was at its lowest, -21.5%, in 2015.
Yemen ranks 195th of 198 countries on this measure, in the bottom quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Services, value added in Yemen, year by year
| Year | annual % growth | Change |
|---|---|---|
| 1991 | 24.4% | — |
| 1992 | 14.4% | -41.2% |
| 1993 | 16.1% | +11.8% |
| 1994 | 4.6% | -71.2% |
| 1995 | 3.5% | -24.4% |
| 1996 | -10.2% | -392.7% |
| 1997 | 3.1% | -130.0% |
| 1998 | 27.2% | +784.5% |
| 1999 | -8.3% | -130.7% |
| 2000 | -1.9% | -77.0% |
| 2001 | 14.6% | -861.9% |
| 2002 | 5.0% | -65.6% |
| 2003 | 3.2% | -36.2% |
| 2004 | 2.4% | -25.8% |
| 2005 | -1.5% | -162.7% |
| 2006 | 3.0% | -302.9% |
| 2007 | 3.2% | +4.4% |
| 2008 | 3.5% | +11.1% |
| 2009 | 3.8% | +7.0% |
| 2010 | 7.6% | +102.7% |
| 2011 | -12.8% | -268.0% |
| 2012 | 21.3% | -266.7% |
| 2013 | 5.0% | -76.6% |
| 2014 | -2.4% | -148.9% |
| 2015 | -21.5% | +780.5% |
| 2016 | -2.7% | -87.3% |
| 2017 | -9.1% | +233.1% |
| 2018 | -2.3% | -74.7% |
Yemen compared with similar countries
- Yemen's -2.3% is below the median for low income countries, which is 5.2%. (22 countries reporting)
- Yemen's -2.3% is below the median for Middle East, North Africa, Afghanistan & Pakistan, which is 3.7%. (23 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 8.3% | -10.2% | 27.2% | 9 |
| 2000s | 3.5% | -1.9% | 14.6% | 10 |
| 2010s | -1.9% | -21.5% | 21.3% | 9 |
Countries ranked near Yemen
- 192 Mozambique -2.0% compare
- 193 Isle of Man -2.0% compare
- 194 Myanmar -2.1% compare
- 196 Haiti -2.7% compare
- 197 Marshall Islands -3.9% compare
- 198 Lebanon -7.1% 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 services, value added in Yemen?
- Services, value added in Yemen was -2.3% in 2018, according to Country official statistics, National Statistical Offices (NSOs).
- What is the highest services, value added recorded in Yemen?
- The highest recorded value was 27.2% in 1998.
- What is the lowest services, value added recorded in Yemen?
- The lowest recorded value was -21.5% in 2015.
- How does Yemen rank for services, value added?
- Yemen ranks 195th out of 198 countries with data for 2018.
- Is services, value added rising or falling in Yemen?
- Over the last ten years it is down 165.4%. 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 Offices (NSOs), published as part of Services, value added (annual % growth). Statizoid updates them automatically from the source API.
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About this data
Services industries correspond to ISIC (Rev. 4) divisions 45-99 and includes wholesale and retail trade, repair of motor vehicles, hotels and restaurants, transport, storage and communication, financial intermediation, real estate, renting and business activities, public administration and defence, compulsory social security, education, health and social work, other community, social and personal service activities, private households with employed persons, and extra-territorial organizations and bodies. Value added is the contribution to the economy by a producer or an industry or an institutional sector, which is estimated by the total value of output produced and deducting the total value of intermediate consumption of goods and services used to produce that output. This indicator denotes the percentage change over each previous year of the constant price (base year 2015) series in United States dollars.