Yemen, Rep.'s gross Value Added (GVA) at basic prices (constant LCU) was 218.48 billion in 2018, the latest year in the World Bank's World Development Indicators. That is down 34.72% from 334.66 billion in 2008 (4.17% a year on average, compounded).
Key figures
| Value | Year | |
|---|---|---|
| Latest | 218.48 billion | 2018 |
| Five years earlier | 350.73 billion | 2013 |
| Ten years earlier | 334.66 billion | 2008 |
| Highest | 374.37 billion | 2010 |
| Lowest | 142.04 billion | 1990 |
| Average since 2009 | 299.99 billion | 2009–2018 |
| First recorded | 142.04 billion |
What the numbers say
In 2018, Yemen, Rep.'s gross Value Added (GVA) at basic prices (constant LCU) rose 0.8% on 2017 (from 216.85 billion to 218.48 billion).
Across the 27 yearly changes before that (1991 to 2017), the average change was +1.9% and a typical year strayed about 7.7% from that (the standard deviation). This year's change was 0.2 standard deviations below 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 8.2% in 1992 and the biggest yearly fall was 28% 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 2009 to 2018 the straight-line trend is downward, about 18.21 billion a year. A straight line explains 76% 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.
What this measures
Gross value added at basic prices reflects the price of products receivable by the producer exclusive of taxes payable on products and inclusive of subsidies receivable on products, less intermediate consumption valued at purchasers' prices. 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 varies by country. This series is expressed in local currency units.
All 29 values
| Year | Gross Value Added (GVA) at basic prices (constant LCU) |
|---|---|
| 2018 | 218,480,362,700 |
| 2017 | 216,848,689,900 |
| 2016 | 228,434,416,700 |
| 2015 | 252,065,907,700 |
| 2014 | 350,065,022,200 |
| 2013 | 350,726,809,500 |
| 2012 | 334,587,898,300 |
| 2011 | 326,768,363,400 |
| 2010 | 374,368,995,200 |
| 2009 | 347,596,078,000 |
Gross Value Added (GVA) at basic prices (constant LCU) in nearby economies
- Afghanistan — 1.02 trillion (2024)
- Algeria — 8.69 trillion (2025)
- Bahrain — 14.99 billion (2025)
- Djibouti — 664.36 billion (2025)
- Egypt, Arab Rep. — 8.25 trillion (2025)
- Iran, Islamic Rep. — 76,213.2 trillion (2025)
- Iraq — 207.34 trillion (2025)
- Israel — 1.54 trillion (2024)
- Jordan — 37.56 billion (2025)
- Kuwait
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 Value Added (GVA) at basic prices (constant LCU)?
- 218.48 billion in 2018, according to the World Bank (World Development Indicators).
- How has it changed since 1990?
- It is up 53.81% from 142.04 billion in 1990 (1.55% a year on average, compounded). The highest value was 374.37 billion in 2010 and the lowest 142.04 billion in 1990.
- Is the latest change in gross Value Added (GVA) at basic prices (constant LCU) unusual for Yemen, Rep.?
- In 2018, Yemen, Rep.'s gross Value Added (GVA) at basic prices (constant LCU) rose 0.8% on 2017 (from 216.85 billion to 218.48 billion). Across the 27 yearly changes before that (1991 to 2017), the average change was +1.9% and a typical year strayed about 7.7% from that (the standard deviation). This year's change was 0.2 standard deviations below that average, so it was an ordinary year: it sits within the range of normal year-to-year movement.
Source
World Bank, World Development Indicators, indicator NY.GDP.FCST.KN, 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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