Yemen, Republic of Trade Balance
External balance on goods and services NE.RSB.GNFS.CD
Yemen, Republic of's trade balance was $-8.3B in 2018, ranked 22nd globally. This represents a 31.6% decrease from 2017. Data from World Bank, covering 1990–2018.
Overview
Yemen, Republic of's trade balance stood at $-8.3B in 2018, a decline of +$2.0B from 2017. Yemen, Republic of ranked 22nd globally.
Yemen's trade balance has exhibited significant fluctuations over the past 29 years, with the country experiencing both a peak and a trough. The all-time high of 2,967,331,440.47 in 1994, during a period of relative economic stability, was followed by a decline, culminating in the all-time low of -8,332,549,376.28 in 2018. This marked a significant deterioration in Yemen's trade balance, surpassing that of peer countries such as Romania (-8,517,798,659.79) and Guatemala (-7,826,360,054.61). As of 2018, Yemen's trade balance stood at -8,332,549,376.28, ranking 22 globally. The decline in Yemen's trade balance is likely linked to the country's ongoing conflict and economic instability. A resolution to the conflict and implementation of economic reforms could potentially alter the trajectory of Yemen's trade balance, improving the country's economic prospects and potentially leading to a reversal of this trend.
Data & projection
| Year | Trade Balance | YoY change | Rank |
|---|---|---|---|
| 2018 | $-8.3B | −$2.0B | #22 |
| 2017 | $-6.3B | +$388.8M | #22 |
| 2016 | $-6.7B | −$1.5B | #18 |
| 2015 | $-5.2B | −$2.9B | #29 |
| 2014 | $-2.3B | +$869.2M | #59 |
| 2013 | $-3.1B | +$969.2M | #42 |
| 2012 | $-4.1B | −$3.3B | #33 |
| 2011 | $-778.4M | +$580.1M | #87 |
| 2010 | $-1.4B | +$1.5B | #61 |
| 2009 | $-2.9B | −$1.4B | #34 |
| 2008 | $-1.5B | +$84.9M | #65 |
| 2007 | $-1.6B | −$1.7B | #53 |
| 2006 | $84.1M | −$755.9M | #111 |
| 2005 | $840.0M | +$712.6M | #122 |
| 2004 | $127.3M | +$304.6M | #112 |
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 trade balance improve within 24 months. View full analysis →
Frequently Asked Questions
Yemen, Republic of's trade balance was $-8.3B in 2018. Ranked 22nd globally. This represents a 31.6% decrease from the previous year.
Yemen, Republic of's trade balance peaked at $3.0B in 1994.
The lowest trade balance in Yemen, Republic of was $-8.3B in 2018.
Yemen, Republic of ranks 22nd globally in trade balance as of 2018.
The World Bank indicator code is NE.RSB.GNFS.CD. Data sourced from World Bank.
The trade balance of Yemen, Republic of in 2018 was $-8.3B. This ranks 22nd in the world.
Cite this page
@misc{historysaid_yemen-republic-of_trade-balance,
title = {Yemen, Republic of Trade Balance},
url = {https://historysaid.com/yemen-republic-of/trade-balance/},
publisher = {HistorySaid},
year = {2026}
}