Yemen, Rep.'s gross savings (% of GDP) was -4.51% in 2016, the latest year in the World Bank's World Development Indicators. That is down 21.98 percentage points from 17.47% in 2006.
Key figures
| Value | Year | |
|---|---|---|
| Latest | -4.51% | 2016 |
| Five years earlier | 2.5% | 2011 |
| Ten years earlier | 17.47% | 2006 |
| Highest | 22.36% | 2005 |
| Lowest | -5.09% | 2015 |
| Average since 2007 | 4.83% | 2007–2016 |
| First recorded | 22.36% | 2005 |
What the numbers say
In 2016, Yemen, Rep.'s gross savings (% of GDP) rose 0.58 percentage points on 2015 (from -5.09% to -4.51%).
Across the 10 yearly changes before that (2006 to 2015), the average change was −2.74 percentage points and a typical year strayed about 6.66 percentage points from that (the standard deviation). This year's change was 0.5 standard deviations above that average, so it was an ordinary year: it sits within the range of normal year-to-year movement.
On record, the biggest yearly rise was 5.55 percentage points in 2012 and the biggest yearly fall was 14.92 percentage points in 2015. The numbers show how large and when, not why; for the cause, look at what happened in that country in those years.
From 2007 to 2016 the straight-line trend is downward, about 1.31 percentage points a year. A straight line explains 47% 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.
How it compares
See how every economy compares in the full ranking.
| Value | Year | |
|---|---|---|
| Yemen, Rep. | -4.51% | 2016 |
| World | 26.05% | 2024 |
| Low income | 15.77% | 2024 |
Closest to Yemen, Rep. in the 2016 ranking
- French Polynesia — 1st of 4: 23.29%
- New Caledonia — 2nd of 4: 19.33%
- Lao PDR — 3rd of 4: 17.64%
What this measures
Savings is an amount that represents the part of disposable income (adjusted for the change in pension entitlements) that is not spent on final consumption. Gross savings are calculated as gross national income less total consumption, plus net transfers. 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.
Regional and income-group figures are computed by the World Bank as a weighted average.
All 12 values
| Year | Gross savings (% of GDP) |
|---|---|
| 2016 | -4.51 |
| 2015 | -5.09 |
| 2014 | 9.83 |
| 2013 | 4.79 |
| 2012 | 8.05 |
| 2011 | 2.5 |
| 2010 | 8.25 |
| 2009 | 3.49 |
| 2008 | 10.77 |
| 2007 | 10.23 |
| 2006 |
Gross savings (% of GDP) in nearby economies
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 gross savings (% of GDP)?
- -4.51% in 2016, according to the World Bank (World Development Indicators).
- How has it changed since 2005?
- It is down 26.87 percentage points from 22.36% in 2005. The highest value was 22.36% in 2005 and the lowest -5.09% in 2015.
- Is the latest change in gross savings (% of GDP) unusual for Yemen, Rep.?
- In 2016, Yemen, Rep.'s gross savings (% of GDP) rose 0.58 percentage points on 2015 (from -5.09% to -4.51%). Across the 10 yearly changes before that (2006 to 2015), the average change was −2.74 percentage points and a typical year strayed about 6.66 percentage points from that (the standard deviation). This year's change was 0.5 standard deviations above that average, so it was an ordinary year: it sits within the range of normal year-to-year movement.
- Where does this data come from?
- The World Bank's World Development Indicators, licensed CC BY 4.0. Original source: Country official statistics, National Statistical Offices (NSOs); National Accounts data files, Central Banks; Staff estimates, World Bank (WB).
Source
World Bank, World Development Indicators, indicator NY.GNS.ICTR.ZS, licensed CC BY 4.0. Original source: Country official statistics, National Statistical Offices (NSOs); National Accounts data files, Central Banks; 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.
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