Yemen: Terms of trade

* indicates monthly or quarterly data series

Terms of trade, base year = 2000

 Latest value 131.02
 Year 2021
 Measure percent
 Data availability 2000 - 2021
 Average 105.75
 Min - Max 67.91 - 131.02
 Source The United Nations
For that indicator, we provide data for Yemen from 2000 to 2021. The average value for Yemen during that period was 105.75 percent with a minimum of 67.91 percent in 2001 and a maximum of 131.02 percent in 2021. The latest value from 2021 is 131.02 percent. For comparison, the world average in 2021 based on 189 countries is 109.62 percent. See the global rankings for that indicator or use the country comparator to compare trends over time.
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* indicates monthly or quarterly data series

Recent values chart
Yemen - Terms of trade - Recent values chart

Historical chart
Yemen - Terms of trade - historical chart - 2000-2021

The terms of trade for Yemen are calculated as the value of its exports as percent of the value of its imports. An increase in the terms of trade means that the value of exports is increasing relative to the value of imports. The country can afford to buy more imports with the revenue from its exports. For example, an increase in the price of oil increases (improves) the terms of trade for the oil-exporting countries and lowers it for the other countries.
Definition: Net barter terms of trade index is calculated as the percentage ratio of the export unit value indexes to the import unit value indexes, measured relative to the base year 2015.

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 Related indicators Latest value Reference Measure
 Terms of trade 131.02 2021 percent
 Trade openness 58.90 2018 percent
 Financial openness 2.299 2021 index points
 Exports, percent of GDP 8.76 2018 percent
 Exports, billion dollars 1.89 2018 billion U.S. dollars
 Growth of exports 49.18 2018 percent
 Imports, percent of GDP 50.15 2018 percent
 Imports, billion dollars 10.83 2018 billion U.S. dollars
 Foreign Direct Investment, percent of GDP -1.69 2019 percent
 Foreign Direct Investment, billion dollars -0.37 2019 billion U.S. dollars
 Portfolio investment inflows, equities 0.00 2016 million dollars (current)
 Current account, percent of GDP -17.79 2022 percent
 Current account, in dollars -2.42 2016 billion U.S. dollars
 Trade balance, percent of GDP -41.39 2018 percent
 Trade balance, in dollars -7.32 2016 billion U.S. dollars
 Reserves 1.25 2022 billion U.S. dollars
 Remittances, percent of GDP 17.21 2022 percent
 Remittances 3,771.00 2022 million U.S. dollars
 Net errors and omissions 1,258.83 2016 million USD
 External debt 32.59 2018 percent
 Short-term external debt 6.79 2022 percent
 Short-term debt to reserves 39.90 2022 percent
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