Yemen: Trade balance, percent of GDP

* indicates monthly or quarterly data series

Trade balance as percent of GDP

 Latest value -41.39
 Year 2018
 Measure percent
 Data availability 1990 - 2018
 Average -7.68
 Min - Max -41.39 - 10.59
 Source The World Bank
For that indicator, we provide data for Yemen from 1990 to 2018. The average value for Yemen during that period was -7.68 percent with a minimum of -41.39 percent in 2018 and a maximum of 10.59 percent in 1994. The latest value from 2018 is -41.39 percent. For comparison, the world average in 2018 based on 169 countries is -3.88 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 - Trade balance, percent of GDP - Recent values chart

Historical chart
Yemen - Trade balance, percent of GDP - historical chart - 1990-2018

The trade balance for Yemen and other countries is calculated as the difference between the exports and imports of goods and services, as percent of GDP. A positive number means trade surplus and a negative number means trade deficit.
Definition: External balance on goods and services (formerly resource balance) equals exports of goods and services minus imports of goods and services (previously nonfactor services).

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The Balance of Payments: the current and financial accounts

 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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