Yemen, Rep.: Trade (% of GDP)
In , Yemen, Rep.'s Trade (% of GDP) was 56.08.
That's up 30.5% from 2017, the highest value since .
The global average for this indicator in 2018 was 92.19 .
Source: World Bank Open Data (NE.TRD.GNFS.ZS) • Data as of 2018
Trend (2005–2018)
- 2008 · Global financial crisis
- 2014 · Oil price collapse
- 2010 · Arab Spring begins
Highlights
- Peak
- 82.08
- Trough
- 30.37
- 1-year change
- +30.5%
- 5-year change
- +6.8%
- +1.3% / yr
- 10-year change
- -31.0%
- -3.6% / yr
Historical Data — Last 10 Years
| Year | Trade (% of GDP) |
|---|---|
| 56.0778 | |
| 42.9699 | |
| 31.0815 | |
| 30.3677 | |
| 48.2430 | |
| 52.5119 | |
| 61.3616 | |
| 63.0595 | |
| 64.3856 | |
| 68.0714 |
About Trade (% of GDP)
Trade is the sum of exports and imports of goods and services. This indicator is expressed as a percentage of Gross Domestic Product (GDP) which is the total income earned through the production of goods and services in an economic territory during an accounting period.
Indicator code: NE.TRD.GNFS.ZS • Category: Economy
Frequently asked questions
- What was Yemen, Rep.'s Trade (% of GDP) in 2018?
- In 2018, Yemen, Rep.'s Trade (% of GDP) was 56.08, according to World Bank Open Data.
- Is Yemen, Rep.'s Trade (% of GDP) rising or falling?
- Yemen, Rep.'s Trade (% of GDP) rose 30.5% from 2017 to 2018.
- How does Yemen, Rep.'s Trade (% of GDP) compare to the world average?
- The global average for Trade (% of GDP) in 2018 was 92.19, so Yemen, Rep. is below the world average.
- What is Trade (% of GDP) and how is it measured?
- Trade is the sum of exports and imports of goods and services. This indicator is expressed as a percentage of Gross Domestic Product (GDP) which is the total income earned through the production of goods and services in an economic territory during an accounting period.
Source: World Bank Open Data (NE.TRD.GNFS.ZS), CC BY 4.0.