Yemen, Republic of Government Debt to GDP
General government gross debt as % of GDP GGXWDG_NGDP
Yemen, Republic of's government debt to gdp was 71.36% in 2025, ranked 50th globally. This represents a 0.6% increase from 2024. Data from IMF WEO, covering 1999–2025.
Overview
Yemen, Republic of's government debt to gdp stood at 71.36% in 2025, a rise of +0.42% from 2024. The IMF projects 71.36% by 2025. Yemen, Republic of ranked 50th globally.
Yemen’s government debt-to‑GDP ratio has fallen sharply from its all‑time peak of 96.05 percent in 1999 to a trough of 36.42 percent in 2008, before climbing again to 71.36 percent in 2025, placing the country 50th globally. The recent level is virtually identical to that of Pakistan (71.55 percent) and only marginally above Malaysia’s 70.44 percent, suggesting that Yemen now shares a debt burden comparable to other emerging economies in the region. The long‑term downward trend from the late‑1990s reflects periods of fiscal consolidation and external assistance, while the post‑2008 rise coincides with renewed fiscal pressures from conflict‑related expenditures and reduced revenue capacity. Over the 27‑year coverage, the ratio’s volatility underscores the sensitivity of Yemen’s public finances to political and security shocks. Continued improvement will depend on stabilising the security environment, enhancing tax collection and securing sustainable external financing, which could reverse the recent upward trajectory.
Data & projection
| Year | Government Debt to GDP | YoY change | Rank |
|---|---|---|---|
| 2030* IMF | 51.95% | - | - |
| 2029* IMF | 51.41% | - | - |
| 2028* IMF | 53.78% | - | - |
| 2027* IMF | 63.97% | - | - |
| 2026* IMF | 68.54% | - | - |
| 2025* IMF | 71.36% | - | - |
| 2025 | 71.36% | +0.42% | #50 |
| 2024 | 70.94% | −6.92% | #136 |
| 2023 | 77.86% | +12.55% | #141 |
| 2022 | 65.31% | −10.60% | #117 |
| 2021 | 75.91% | −11.08% | #134 |
| 2020 | 87.00% | −4.48% | #147 |
| 2019 | 91.48% | +4.58% | #166 |
| 2018 | 86.90% | +3.11% | #166 |
| 2017 | 83.79% | +7.28% | #159 |
| 2016 | 76.51% | +18.77% | #150 |
| 2015 | 57.74% | +8.79% | #127 |
| 2014 | 48.95% | +0.52% | #119 |
| 2013 | 48.43% | +0.86% | #122 |
| 2012 | 47.58% | +1.85% | #122 |
| 2011 | 45.73% | +3.35% | #120 |
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 government debt to gdp improve within 24 months. View full analysis →
Frequently Asked Questions
Yemen, Republic of's government debt to gdp was 71.36% in 2025. Ranked 50th globally. This represents a 0.6% increase from the previous year.
Yemen, Republic of's government debt to gdp peaked at 96.05% in 1999.
The lowest government debt to gdp in Yemen, Republic of was 36.42% in 2008.
Yemen, Republic of ranks 50th globally in government debt to gdp as of 2025.
The World Bank indicator code is GGXWDG_NGDP. Data sourced from IMF WEO.
Yemen, Republic of's government debt to gdp is projected to reach 71.36% by 2025 based on IMF projection.
The government debt to gdp of Yemen, Republic of in 2025 was 71.36%. This ranks 50th in the world.
Cite this page
@misc{historysaid_yemen-republic-of_government-debt-to-gdp,
title = {Yemen, Republic of Government Debt to GDP},
url = {https://historysaid.com/yemen-republic-of/government-debt-to-gdp/},
publisher = {HistorySaid},
year = {2026}
}