Services, value added in Yemen
Yemen: Services, value added was 4.84 trillion current LCU in 2018. ◆ Volatile
Services, value added in Yemen, 1990–2018
Source: Country official statistics, National Statistical Offices (NSOs). Measured in current LCU.
Analysis
In 2018, services, value added in Yemen stood at 4.84 trillion current LCU. That is the highest value across all 29 years on record.
That represents a change of up 12.2% on the previous year and up 171.0% over ten years.
Over the whole period, services, value added in Yemen peaked at 4.84 trillion current LCU in 2018 and was at its lowest, 44.42 billion current LCU, in 1990.
Yemen ranks 60th of 206 countries on this measure, in the middle of the range.
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 | current LCU | Change |
|---|---|---|
| 1990 | 44.42 billion current LCU | — |
| 1991 | 61.91 billion current LCU | +39.4% |
| 1992 | 80.13 billion current LCU | +29.4% |
| 1993 | 108.23 billion current LCU | +35.1% |
| 1994 | 136.78 billion current LCU | +26.4% |
| 1995 | 206.32 billion current LCU | +50.8% |
| 1996 | 253.29 billion current LCU | +22.8% |
| 1997 | 295.77 billion current LCU | +16.8% |
| 1998 | 344.83 billion current LCU | +16.6% |
| 1999 | 421.84 billion current LCU | +22.3% |
| 2000 | 510.36 billion current LCU | +21.0% |
| 2001 | 600.90 billion current LCU | +17.7% |
| 2002 | 686.08 billion current LCU | +14.2% |
| 2003 | 785.18 billion current LCU | +14.4% |
| 2004 | 917.30 billion current LCU | +16.8% |
| 2005 | 1.07 trillion current LCU | +16.8% |
| 2006 | 1.25 trillion current LCU | +17.0% |
| 2007 | 1.43 trillion current LCU | +14.4% |
| 2008 | 1.79 trillion current LCU | +24.6% |
| 2009 | 1.69 trillion current LCU | -5.3% |
| 2010 | 2.25 trillion current LCU | +33.0% |
| 2011 | 2.32 trillion current LCU | +3.0% |
| 2012 | 2.98 trillion current LCU | +28.5% |
| 2013 | 3.41 trillion current LCU | +14.6% |
| 2014 | 3.57 trillion current LCU | +4.6% |
| 2015 | 4.11 trillion current LCU | +15.1% |
| 2016 | 4.00 trillion current LCU | -2.6% |
| 2017 | 4.31 trillion current LCU | +7.8% |
| 2018 | 4.84 trillion current LCU | +12.2% |
Yemen compared with similar countries
- Yemen's 4.84 trillion current LCU is below the median for low income countries, which is 5.18 trillion current LCU, 93% of the median. (22 countries reporting)
- Yemen's 4.84 trillion current LCU is above the median for Middle East, North Africa, Afghanistan & Pakistan, which is 891.96 billion current LCU, 5.4× the median. (23 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 195.35 billion current LCU | 44.42 billion current LCU | 421.84 billion current LCU | 10 |
| 2000s | 1.07 trillion current LCU | 510.36 billion current LCU | 1.79 trillion current LCU | 10 |
| 2010s | 3.53 trillion current LCU | 2.25 trillion current LCU | 4.84 trillion 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)
- 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 4.84 trillion current LCU 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 4.84 trillion current LCU in 2018.
- What is the lowest services, value added recorded in Yemen?
- The lowest recorded value was 44.42 billion current LCU in 1990.
- How does Yemen rank for services, value added?
- Yemen ranks 60th out of 206 countries with data for 2018.
- Is services, value added rising or falling in Yemen?
- Over the last ten years it is up 171.0%. 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 (current LCU). 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 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.