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Yemen, Republic of Trade Openness

Trade as % of GDP  NE.TRD.GNFS.ZS

Yemen, Republic of's trade openness was 56.08% in 2018, ranked 46th globally. This represents a 30.5% increase from 2017. Data from World Bank, covering 1990–2018.

56.08% +13.11% (+30.5%)
Year 2018 Rank #46 Global Peak 87.44% (1995) Source World Bank

Yemen, Republic of Trade Openness (1990–2018)

Overview

Yemen, Republic of's trade openness stood at 56.08% in 2018, a rise of +13.11% from 2017. Yemen, Republic of ranked 46th globally.

Yemen’s trade openness, measured as the sum of exports and imports relative to GDP, rose sharply from an all‑time trough of 27.63 in 1990 to a peak of 87.44 in 1995, reflecting a brief period of liberalisation before the onset of protracted conflict. After the mid‑1990s the indicator fell back and stabilized at a moderate level, reaching 56.08 in 2018, which placed Yemen 46th in the world. This 2018 figure is comparable to peer economies such as Tajikistan (55.85) and Iran (56.62), suggesting a similar degree of external integration despite Yemen’s ongoing political instability and infrastructure challenges. The long‑run trajectory shows that while the country has moved far beyond its early‑1990 low, it has not sustained the high openness of the mid‑1990s, and future improvements will likely depend on the resolution of security concerns and the restoration of functional trade corridors.

Data & projection

Year Trade Openness YoY change Rank
2018 56.08% +13.11% #46
2017 42.97% +11.89% #24
2016 31.08% +0.71% #9
2015 30.37% −17.88% #6
2014 48.24% −4.27% #28
2013 52.51% −8.85% #34
2012 61.36% −1.70% #48
2011 63.06% −1.33% #55
2010 64.39% −3.69% #55
2009 68.07% −13.17% #74
2008 81.24% +2.12% #86
2007 79.12% −2.95% #83
2006 82.08% +5.30% #90
2005 76.77% +4.93% #87
2004 71.85% −2.54% #76
Show all years (1990-2018)

Detected Pattern

Stagflation Risk
GDP growth below 2% combined with inflation above 8% and rising unemployment. The worst macro combination for policymakers.
Inflation 33.9% GDP growth -1.5% Unemployment 17.0%
Occurred 307 times, 117 successful
Inflation
26.9%
GDP growth
-4.2%
Unemployment
14.6%
Inflation
185.7%
GDP growth
-14.0%
Unemployment
60.8%
Inflation
14.4%
GDP growth
1.1%
Unemployment
9.1%
Inflation
33.9%
GDP growth
-1.5%
Unemployment
17.0%
Inflation
736.1%
GDP growth
1.7%
Unemployment
9.4%
Inflation
13.6%
GDP growth
1.3%
Unemployment
14.1%

Analysis

Yemen, Republic of matched the Stagflation Risk pattern in 2024. Historically, 38% of countries showing this pattern (117 out of 307) saw trade openness improve within 24 months. View full analysis →

Frequently Asked Questions

What is Yemen, Republic of's trade openness?▾

Yemen, Republic of's trade openness was 56.08% in 2018. Ranked 46th globally. This represents a 30.5% increase from the previous year.

What was the highest trade openness in Yemen, Republic of?▾

Yemen, Republic of's trade openness peaked at 87.44% in 1995.

What was the lowest trade openness in Yemen, Republic of?▾

The lowest trade openness in Yemen, Republic of was 27.63% in 1990.

How does Yemen, Republic of rank in trade openness?▾

Yemen, Republic of ranks 46th globally in trade openness as of 2018.

What is the World Bank indicator code for trade openness?▾

The World Bank indicator code is NE.TRD.GNFS.ZS. Data sourced from World Bank.

What is the trade openness of Yemen, Republic of in 2018?▾

The trade openness of Yemen, Republic of in 2018 was 56.08%. This ranks 46th in the world.

Cite this page

APA
Yemen, Republic of Trade Openness. HistorySaid. Retrieved October 29, 2026, from https://historysaid.com/yemen-republic-of/trade-openness/
BibTeX
@misc{historysaid_yemen-republic-of_trade-openness, title = {Yemen, Republic of Trade Openness}, url = {https://historysaid.com/yemen-republic-of/trade-openness/}, publisher = {HistorySaid}, year = {2026} }
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