Trade in services in Yemen
Yemen: Trade in services was 6.1% in 2016. ▼ Falling
Trade in services in Yemen, 2005–2016
Source: Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in % of GDP.
Analysis
In 2016, trade in services in Yemen stood at 6.1%.
The figure is up 53.1% on the previous year and down 51.3% over ten years.
Over the whole period, trade in services in Yemen peaked at 13.4% in 2009 and was at its lowest, 4.0%, in 2015.
That places Yemen 189th out of 200 countries with data for 2016, putting it in the bottom quarter.
The long-run direction has been consistently falling across the 12 years of available data.
Trade in services in Yemen, year by year
| Year | % of GDP | Change |
|---|---|---|
| 2005 | 9.6% | — |
| 2006 | 12.6% | +30.8% |
| 2007 | 12.0% | -5.1% |
| 2008 | 13.2% | +10.3% |
| 2009 | 13.4% | +1.2% |
| 2010 | 12.2% | -8.5% |
| 2011 | 10.5% | -14.2% |
| 2012 | 11.1% | +5.5% |
| 2013 | 9.9% | -10.6% |
| 2014 | 10.3% | +4.1% |
| 2015 | 4.0% | -61.0% |
| 2016 | 6.1% | +53.1% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 12.2% | 9.6% | 13.4% | 5 |
| 2010s | 9.2% | 4.0% | 12.2% | 7 |
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)
- Exports of goods and services (current LCU), annual growth rate 4.58 % change on previous year (2018)
- Exports of goods and services (current LCU), per unit of GDP 46.92 current LCU per US$ of GDP (2018)
- Exports of goods and services (current LCU), per capita 29,745 current LCU per person (2018)
- Exports of goods and services (constant 2015 US$), annual growth rate 49.18 % change on previous year (2018)
- Exports of goods and services (constant 2015 US$), per unit of GDP 0.0914 constant 2015 US$ per US$ of GDP (2018)
- Exports of goods and services (constant 2015 US$), per capita 57.97 constant 2015 US$ per person (2018)
- Gross fixed capital formation (current US$), annual growth rate 139.92 % change on previous year (2018)
- Gross fixed capital formation (current US$), per unit of GDP 0.0618 current US$ per US$ of GDP (2018)
Frequently asked questions
- What is trade in services in Yemen?
- Trade in services in Yemen was 6.1% in 2016, according to Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF).
- What is the highest trade in services recorded in Yemen?
- The highest recorded value was 13.4% in 2009.
- What is the lowest trade in services recorded in Yemen?
- The lowest recorded value was 4.0% in 2015.
- How does Yemen rank for trade in services?
- Yemen ranks 189th out of 200 countries with data for 2016.
- Is trade in services rising or falling in Yemen?
- Over the last ten years it is down 51.3%. The long-run trend across the full record is falling.
- 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 Trade in services (% of GDP). Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 12 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
About this data
Total trade in services includes services provided by residents to non-residents plus services provided by non-residents to residents. This indicator is expressed as a percentage of Gross Domestic Product (GDP) which is the total income earned through the production of goods and services in an economic territory during an accounting period.