Yemen, Republic of Budget Deficit
General government net lending/borrowing as % of GDP GGXCNL_NGDP
Yemen, Republic of's budget deficit was -3.66% in 2025, ranked 120th globally. This represents a 47.9% decrease from 2024. Data from IMF WEO, covering 1990–2025.
Overview
Yemen, Republic of's budget deficit stood at -3.66% in 2025, a decline of +1.19% from 2024. The IMF projects -3.66% by 2025. Yemen, Republic of ranked 120th globally.
Yemen recorded a budget deficit of -3.66 percent of GDP in 2025, ranking 120th globally, according to the IMF WEO. This represents a significant improvement from earlier decades, particularly the trough of -14.03 percent in 1994, which reflected the economic instability following unification and civil conflict. The all-time peak of 6.09 percent in 2000 marked a rare surplus period driven by higher oil revenues and restrained spending. Over the 36-year coverage period, Yemen’s fiscal position has been consistently volatile, shaped by political upheaval, conflict, and dependence on hydrocarbon exports. In 2025, Yemen’s deficit was closely aligned with regional peers such as Saudi Arabia at -3.65 percent and Türkiye at -3.69 percent, though these countries benefit from larger, more diversified economies. Despite the narrowing deficit in recent years, the trajectory remains fragile, heavily dependent on external financing and peace-related stabilization. A sustained improvement in Yemen’s budget balance will require conflict resolution, institutional rebuilding, and diversification away from oil dependence to strengthen revenue collection and fiscal resilience in the coming years.
Data & projection
| Year | Budget Deficit | YoY change | Rank |
|---|---|---|---|
| 2030* IMF | -2.07% | - | - |
| 2029* IMF | -3.91% | - | - |
| 2028* IMF | -1.30% | - | - |
| 2027* IMF | -4.66% | - | - |
| 2026* IMF | -4.53% | - | - |
| 2025* IMF | -3.66% | - | - |
| 2025 | -3.66% | −1.19% | #120 |
| 2024 | -2.48% | +3.16% | #100 |
| 2023 | -5.63% | −3.48% | #32 |
| 2022 | -2.15% | −1.26% | #109 |
| 2021 | -0.89% | +3.41% | #152 |
| 2020 | -4.30% | +1.59% | #130 |
| 2019 | -5.89% | +1.96% | #25 |
| 2018 | -7.85% | −2.94% | #10 |
| 2017 | -4.91% | +3.60% | #40 |
| 2016 | -8.51% | +0.24% | #22 |
| 2015 | -8.75% | −4.61% | #16 |
| 2014 | -4.14% | +2.76% | #55 |
| 2013 | -6.90% | −0.58% | #20 |
| 2012 | -6.32% | −1.81% | #26 |
| 2011 | -4.51% | −0.45% | #48 |
Detected Pattern
Analysis
Yemen, Republic of matched the Stagflation Risk pattern in 2024. Historically, 38% of countries showing this pattern (117 out of 307) saw budget deficit improve within 24 months. View full analysis →
Frequently Asked Questions
Yemen, Republic of's budget deficit was -3.66% in 2025. Ranked 120th globally. This represents a 47.9% decrease from the previous year.
Yemen, Republic of's budget deficit peaked at 6.09% in 2000.
The lowest budget deficit in Yemen, Republic of was -14.03% in 1994.
Yemen, Republic of ranks 120th globally in budget deficit as of 2025.
The World Bank indicator code is GGXCNL_NGDP. Data sourced from IMF WEO.
Yemen, Republic of's budget deficit is projected to reach -3.66% by 2025 based on IMF projection.
The budget deficit of Yemen, Republic of in 2025 was -3.66%. This ranks 120th in the world.
Cite this page
@misc{historysaid_yemen-republic-of_budget-deficit,
title = {Yemen, Republic of Budget Deficit},
url = {https://historysaid.com/yemen-republic-of/budget-deficit/},
publisher = {HistorySaid},
year = {2026}
}