Yemen: Trade openness
* indicates monthly or quarterly data series
| Yemen |
Trade openness: exports plus imports as percent of GDP |
|---|---|
| Latest value | 58.90 |
| Year | 2018 |
| Measure | percent |
| Data availability | 1990 - 2018 |
| Average | 64.17 |
| Min - Max | 27.63 - 87.44 |
| Source | The World Bank |
The latest value from 2018 is 58.9 percent, an increase from 44.95 percent in 2017. In comparison, the world average is 92.17 percent, based on data from 172 countries. Historically, the average for Yemen from 1990 to 2018 is 64.17 percent. The minimum value, 27.63 percent, was reached in 1990 while the maximum of 87.44 percent was recorded in 1995.
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Definition: Exports plus imports as percent of GDP.
Selected articles from our guide:
What factors determine the exchange rates
International lending and sovereign debt
All articles
| Related indicators | Latest | 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 | -17.71 | 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 | 20.52 | 2023 | percent |
| Remittances | 3,770.58 | 2023 | 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 |