Yemen, Rep.'s net trade in goods and services (current US$, BoP) was −US$7.32 billion in 2016, the latest year in the World Bank's World Development Indicators. That is down 8,805% from US$84.06 million in 2006.
Key figures
| Value | Year | |
|---|---|---|
| Latest | −US$7.32 billion | 2016 |
| Five years earlier | −US$323.76 million | 2011 |
| Ten years earlier | US$84.06 million | 2006 |
| Highest | US$830.93 million | 2005 |
| Lowest | −US$7.32 billion | 2016 |
| Average since 2007 | −US$3.44 billion | 2007–2016 |
| First recorded | US$830.93 million |
What the numbers say
In 2016, Yemen, Rep.'s net trade in goods and services (current US$, BoP) fell US$1.49 billion on 2015 (from −US$5.83 billion to −US$7.32 billion).
Across the 10 yearly changes before that (2006 to 2015), the average change was −US$666.11 million and a typical year strayed about US$1.71 billion from that (the standard deviation). This year's change was 0.5 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 US$1.51 billion in 2010 and the biggest yearly fall was US$3.99 billion in 2012. 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 US$648.05 million a year. A straight line explains 71% 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 2016 ranking
- French Polynesia — 1st of 3: −US$670.14 million
- New Caledonia — 2nd of 3: −US$1.5 billion
What this measures
The balance of international trade in goods and services is the difference between the exports and imports of goods and services. This indicator is expressed in current prices, meaning no adjustment has been made to account for price changes over time. This indicator is expressed in United States dollars.
All 12 values
| Year | Net trade in goods and services (current US$, BoP) |
|---|---|
| 2016 | -7,317,640,702 |
| 2015 | -5,830,133,441 |
| 2014 | -5,813,165,343 |
| 2013 | -3,460,906,148 |
| 2012 | -4,310,359,854 |
| 2011 | -323,762,814 |
| 2010 | -1,358,512,505 |
| 2009 | -2,870,223,440 |
| 2008 | -1,499,190,000 |
| 2007 | -1,584,040,000 |
Net trade in goods and services (current US$, BoP) in nearby economies
- Afghanistan — −US$5.51 billion (2020)
- Algeria — −US$25.5 billion (2025)
- Bahrain — US$8.81 billion (2025)
- Djibouti — US$484.9 million (2024)
- Egypt, Arab Rep. — −US$38.62 billion (2025)
- Iraq — US$4.59 billion (2025)
- Israel — US$16.36 billion (2025)
- Jordan — −US$7.71 billion (2024)
- Kuwait — US$16.28 billion (2025)
- Lebanon
More economic policy & debt data for Yemen, Rep.
- Grants, excluding technical cooperation (BoP, current US$) — 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 net trade in goods and services (current US$, BoP)?
- −US$7.32 billion in 2016, according to the World Bank (World Development Indicators).
- How has it changed since 2005?
- It is down 980.66% from US$830.93 million in 2005. The highest value was US$830.93 million in 2005 and the lowest −US$7.32 billion in 2016.
- Is the latest change in net trade in goods and services (current US$, BoP) unusual for Yemen, Rep.?
- In 2016, Yemen, Rep.'s net trade in goods and services (current US$, BoP) fell US$1.49 billion on 2015 (from −US$5.83 billion to −US$7.32 billion). Across the 10 yearly changes before that (2006 to 2015), the average change was −US$666.11 million and a typical year strayed about US$1.71 billion from that (the standard deviation). This year's change was 0.5 standard deviations below 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?
Source
World Bank, World Development Indicators, indicator BN.GSR.GNFS.CD, licensed CC BY 4.0. Original source: Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF) 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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