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)
- 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$)
Gross domestic product is the total income earned through the production of goods and services in an economic territory during an accounting period. It can be measured in three different ways: using either the expenditure approach, the income approach, or the production approach. This indicator is expressed in constant prices, meaning the series has been adjusted to account for price changes over time. The reference year for this adjustment is 2015. This indicator is expressed in United States dollars.
Indicator code: NY.GDP.MKTP.KD • Category: Economy
Frequently asked questions
- What was Yemen, Rep.'s GDP (constant 2015 US$) 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.
Source: World Bank Open Data (NY.GDP.MKTP.KD), CC BY 4.0.