Yemen GDP Annual Growth Rate  2001-2016 | Data | Chart | Calendar

The Gross Domestic Product (GDP) in Yemen contracted 28.10 percent in 2015 from the previous year. GDP Annual Growth Rate in Yemen averaged 1.06 percent from 2001 until 2015, reaching an all time high of 7.70 percent in 2010 and a record low of -28.10 percent in 2015.

Yemen GDP Annual Growth Rate
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Yemen GDP Last Previous Highest Lowest Unit
GDP Annual Growth Rate -28.10 -0.20 7.70 -28.10 percent [+]
GDP 37.13 34.71 37.13 4.17 USD Billion [+]
GDP Constant Prices 4145474979.43 4216910000.00 4618172671.61 1210614137.35 YER THO [+]
Gross National Product 7585871524.14 7135620000.00 7585871524.14 109019140.00 YER THO [+]
GDP per capita 1096.97 1080.73 1310.05 1015.76 USD [+]
GDP per capita PPP 3663.31 3609.08 4374.90 3392.12 USD [+]



Yemen GDP Annual Growth Rate Notes

Yemen is one of the poorest countries in the world. Its economy depends on foreign aid and remittances from workers in neighbouring golf states. The most important sector of the economy is dwindling oil extraction, it accounts for around 70 percent of government revenue and 25 percent of GDP. Agriculture is also very important as it employs over 50 percent of the population. In recent years, the government has engaged in efforts to diversify the economy from dependency on oil. As a result, there was a surge of investment in the development of infrastructure for natural gas extraction. Yet, the political instability in 2011 has undermined development efforts, resulted in damage of infrastructure, rising unemployment and high inflation. This page provides - Yemen GDP Annual Growth Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news. Yemen GDP Annual Growth Rate - actual data, historical chart and calendar of releases - was last updated on December of 2016.

Actual Previous Highest Lowest Dates Unit Frequency
-28.10 -0.20 7.70 -28.10 2001 - 2015 percent Yearly



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