Yemen, Rep.'s external balance on goods and services (current LCU) was -4.47 trillion in 2018, the latest year in the World Bank's World Development Indicators. That is down 1,391% from -299.48 billion in 2008.
Key figures
| Value | Year | |
|---|---|---|
| Latest | -4.47 trillion | 2018 |
| Five years earlier | -676.78 billion | 2013 |
| Ten years earlier | -299.48 billion | 2008 |
| Highest | 161.08 billion | 2005 |
| Lowest | -4.47 trillion | 2018 |
| Average since 2009 | -1.3 trillion | 2009–2018 |
| First recorded | -7.83 billion |
What the numbers say
In 2018, Yemen, Rep.'s external balance on goods and services (current LCU) fell 2.1 trillion on 2017 (from -2.36 trillion to -4.47 trillion).
Across the 27 yearly changes before that (1991 to 2017), the average change was −87.15 billion and a typical year strayed about 277.58 billion from that (the standard deviation). This year's change was 7.3 standard deviations below that average, so it was unusually large compared with the rest of the record.
On record, the biggest yearly rise was 283.89 billion in 2010 and the biggest yearly fall was 2.1 trillion in 2018. The numbers show how large and when, not why; for the cause, look at what happened in that country in those years.
From 2009 to 2018 the straight-line trend is downward, about 356.76 billion a year. A straight line explains 68% of the movement over 10 observed years.
Worked out from the yearly values above. How the checks work: standard deviation, z-scores and straight-line trends.
Closest to Yemen, Rep. in the 2018 ranking
- Curaçao — 1st of 2: -1.57 billion
What this measures
The balance of international trade in goods and services is the difference between the exports and imports of goods and services. This indicator is expressed in current prices, meaning no adjustment has been made to account for price changes over time. This series is expressed in local currency units.
All 29 values
| Year | External balance on goods and services (current LCU) |
|---|---|
| 2018 | -4,465,409,127,800 |
| 2017 | -2,360,756,554,700 |
| 2016 | -1,908,287,667,900 |
| 2015 | -1,201,627,409,200 |
| 2014 | -490,002,944,600 |
| 2013 | -676,781,073,100 |
| 2012 | -882,634,602,000 |
| 2011 | -166,429,129,800 |
| 2010 | -298,313,126,000 |
| 2009 | -582,199,928,500 |
External balance on goods and services (current LCU) in nearby economies
- Afghanistan — -660.71 billion (2024)
- Algeria — -2.01 trillion (2025)
- Bahrain — 3.11 billion (2024)
- Djibouti — 120.74 billion (2025)
- Egypt, Arab Rep. — -2.12 trillion (2025)
- Iran, Islamic Rep. — -23,522.9 trillion (2025)
- Iraq — 8.68 trillion (2024)
- Israel — 44.86 billion (2025)
- Kuwait — 8.65 billion (2024)
- Lebanon
More economic policy & debt data for Yemen, Rep.
- Grants, excluding technical cooperation (BoP, current US$) — US$4.05 billion (2023)
- Technical cooperation grants (BoP, current US$) — US$198.89 million (2023)
- Net bilateral aid flows from DAC donors, United Kingdom (current US$) — US$122.16 million (2023)
- Net bilateral aid flows from DAC donors, Total (current US$) — US$1.82 billion (2023)
- Net official development assistance and official aid received (current US$) — US$4.15 billion (2023)
- Net official development assistance and official aid received (constant 2023 US$) — US$4.15 billion (2023)
- Net official development assistance received (current US$) — US$4.15 billion (2023)
- Net official development assistance received (constant 2023 US$)
Reading data like this
Questions people ask
- What is Yemen, Rep.'s external balance on goods and services (current LCU)?
- -4.47 trillion in 2018, according to the World Bank (World Development Indicators).
- How has it changed since 1990?
- It is down 56,941% from -7.83 billion in 1990. The highest value was 161.08 billion in 2005 and the lowest -4.47 trillion in 2018.
- Is the latest change in external balance on goods and services (current LCU) unusual for Yemen, Rep.?
- In 2018, Yemen, Rep.'s external balance on goods and services (current LCU) fell 2.1 trillion on 2017 (from -2.36 trillion to -4.47 trillion). Across the 27 yearly changes before that (1991 to 2017), the average change was −87.15 billion and a typical year strayed about 277.58 billion from that (the standard deviation). This year's change was 7.3 standard deviations below that average, so it was unusually large compared with the rest of the record.
Source
World Bank, World Development Indicators, indicator NE.RSB.GNFS.CN, licensed CC BY 4.0. Original source: Country official statistics, National Statistical Organizations and/or Central Banks; National Accounts data files, Organisation for Economic Co-operation and Development (OECD); Staff estimates, World Bank (WB) Figures are fetched from the World Bank API and refreshed monthly; see the series on data.worldbank.org. The full definition and method are in the World Bank's metadata glossary. Comparisons use the same World Bank release.
Want to ask your own questions of data like this? Try AnalyzeIt: upload a file or ask about public data in plain words, and every figure comes with its working.
Legal entity
Devansh Yadav
Moradabad, Uttar Pradesh
Governing law: Courts at Moradabad, Uttar Pradesh
Phone: +91 8433475698
Legal: legal@analyzeit.in