Yemen, Republic of External Debt to GNI
External debt stocks as % of GNI DT.DOD.DECT.GN.ZS
Yemen, Republic of's external debt to gni was 33.51% in 2018, ranked 40th globally. This represents a 21.6% increase from 2017. Data from World Bank, covering 1990–2018.
Overview
Yemen, Republic of's external debt to gni stood at 33.51% in 2018, a rise of +5.96pp from 2017. Yemen, Republic of ranked 40th globally.
Yemen’s external debt as a share of gross national income fell dramatically from a 1990 level of 50.58% to a trough of 17.61% in 2015, before rising again to 33.51% in 2018, placing the country at rank 40 globally. The all‑time peak of 107.99% in 1996 reflected the cumulative impact of war‑induced borrowing and limited fiscal capacity, while the post‑2015 decline coincided with debt relief initiatives and a contraction in external borrowing. By 2018 Yemen’s debt‑to‑GNI ratio was only marginally lower than that of Bolivia (33.70%) and comparable to Peru’s 32.48%, indicating a convergence with other lower‑middle‑income economies that have faced similar fiscal pressures. The recent uptick suggests that without sustained debt‑management reforms, including improved revenue mobilization and continued engagement with multilateral creditors, the upward trajectory may persist, potentially pressuring the debt ratio toward higher levels in the near term.
Data & projection
| Year | External Debt to GNI | YoY change | Rank |
|---|---|---|---|
| 2018 | 33.51% | +5.96pp | #40 |
| 2017 | 27.55% | +4.71pp | #32 |
| 2016 | 22.84% | +5.23pp | #24 |
| 2015 | 17.61% | −1.31pp | #17 |
| 2014 | 18.93% | −0.99pp | #22 |
| 2013 | 19.92% | −2.50pp | #25 |
| 2012 | 22.42% | +1.27pp | #36 |
| 2011 | 21.16% | −1.21pp | #29 |
| 2010 | 22.36% | −6.02pp | #26 |
| 2009 | 28.38% | +3.46pp | #44 |
| 2008 | 24.92% | −5.40pp | #44 |
| 2007 | 30.32% | −1.73pp | #50 |
| 2006 | 32.05% | −4.18pp | #51 |
| 2005 | 36.23% | −8.52pp | #39 |
| 2004 | 44.75% | −6.23pp | #41 |
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 external debt to gni improve within 24 months. View full analysis →
Frequently Asked Questions
Yemen, Republic of's external debt to gni was 33.51% in 2018. Ranked 40th globally. This represents a 21.6% increase from the previous year.
Yemen, Republic of's external debt to gni peaked at 107.99% in 1996.
The lowest external debt to gni in Yemen, Republic of was 17.61% in 2015.
Yemen, Republic of ranks 40th globally in external debt to gni as of 2018.
The World Bank indicator code is DT.DOD.DECT.GN.ZS. Data sourced from World Bank.
The external debt to gni of Yemen, Republic of in 2018 was 33.51%. This ranks 40th in the world.
Cite this page
@misc{historysaid_yemen-republic-of_external-debt-to-gni,
title = {Yemen, Republic of External Debt to GNI},
url = {https://historysaid.com/yemen-republic-of/external-debt-to-gni/},
publisher = {HistorySaid},
year = {2026}
}