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Yemen, Rep.: GDP (constant 2015 US$)

In , Yemen, Rep.'s GDP (constant 2015 US$) was $36.79 billion.

That's up 0.8% from 2017, the highest value since .

The global average for this indicator in 2018 was $497.78 billion .

Source: World Bank Open Data (NY.GDP.MKTP.KD) • Data as of 2018

Trend (2005–2018)

Yemen, Rep. GDP (constant 2015 US$) trend 2008: Global financial crisis 2014: Oil price collapse 2010: Arab Spring begins
  • 2008 · Global financial crisis
  • 2014 · Oil price collapse
  • 2010 · Arab Spring begins

Highlights

Peak
$63.04B
Trough
$36.51B
1-year change
+0.8%
5-year change
-37.7%
-9.0% / yr
10-year change
-34.7%
-4.2% / yr

Historical Data — Last 10 Years

Year GDP (constant 2015 US$)
36.789B
36.514B
38.465B
42.444B
58.946B
59.058B
56.340B
55.023B
63.039B
58.531B

About GDP (constant 2015 US$)

Gross domestic product is the total income earned through the production of goods and services in an economic territory during an accounting period. It can be measured in three different ways: using either the expenditure approach, the income approach, or the production approach. This indicator is expressed in constant prices, meaning the series has been adjusted to account for price changes over time. The reference year for this adjustment is 2015. This indicator is expressed in United States dollars.

Indicator code: NY.GDP.MKTP.KDCategory: Economy

How to read GDP figures: GDP (Gross Domestic Product) is measured in current US dollars, which means values change both due to real economic growth and currency fluctuations. A more useful comparison across countries is GDP per capita, which divides GDP by population. For growth trends, check GDP growth (annual %).

Frequently asked questions

What was Yemen, Rep.'s GDP (constant 2015 US$) in 2018?
In 2018, Yemen, Rep.'s GDP (constant 2015 US$) was $36.79 billion, according to World Bank Open Data.
Is Yemen, Rep.'s GDP (constant 2015 US$) rising or falling?
Yemen, Rep.'s GDP (constant 2015 US$) rose 0.8% from 2017 to 2018.
How does Yemen, Rep.'s GDP (constant 2015 US$) compare to the world average?
The global average for GDP (constant 2015 US$) in 2018 was $497.78 billion, so Yemen, Rep. is below the world average.
What is GDP (constant 2015 US$) and how is it measured?
Gross domestic product is the total income earned through the production of goods and services in an economic territory during an accounting period. It can be measured in three different ways: using either the expenditure approach, the income approach, or the production approach. This indicator is expressed in constant prices, meaning the series has been adjusted to account for price changes over time. The reference year for this adjustment is 2015. This indicator is expressed in United States dollars.
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Source: World Bank Open Data (NY.GDP.MKTP.KD), CC BY 4.0.