Long Term Unemployment Rate in Poland increased to 0.70 percent in the fourth quarter of 2019 from 0.60 percent in the third quarter of 2019. Long Term Unemployment Rate in Poland averaged 5.20 percent from 1997 until 2019, reaching an all time high of 11.60 percent in the first quarter of 2003 and a record low of 0.60 percent in the third quarter of 2019. In Poland, the long term unemployment rate refers to the share of unemployed persons since 12 months or more in the total number of active persons (those who are either employed or unemployed) in the labour market. This page provides - Poland Long Term Unemployment Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news.

Long Term Unemployment Rate in Portugal remained unchanged at 2.80 percent in the fourth quarter of 2019 from 2.80 percent in the third quarter of 2019. Long Term Unemployment Rate in Portugal averaged 4.20 percent from 1992 until 2019, reaching an all time high of 9.40 percent in the first quarter of 2013 and a record low of 1.40 percent in the first quarter of 1992. In Portugal, the long term unemployment rate refers to the share of unemployed persons since 12 months or more in the total number of active persons (those who are either employed or unemployed) in the labour market. This page provides - Portugal Long Term Unemployment Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news.

Long Term Unemployment Rate in Slovenia decreased to 1.70 percent in the fourth quarter of 2019 from 2.10 percent in the third quarter of 2019. Long Term Unemployment Rate in Slovenia averaged 3.39 percent from 1996 until 2019, reaching an all time high of 5.70 percent in the first quarter of 2014 and a record low of 1.60 percent in the third quarter of 2008. In Slovenia, the long term unemployment rate refers to the share of unemployed persons since 12 months or more in the total number of active persons (those who are either employed or unemployed) in the labour market. This page provides - Slovenia Long Term Unemployment Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news.

Long Term Unemployment Rate in Slovakia remained unchanged at 3.30 percent in the fourth quarter of 2019 from 3.30 percent in the third quarter of 2019. Long Term Unemployment Rate in Slovakia averaged 8.57 percent from 1998 until 2019, reaching an all time high of 12.50 percent in the first quarter of 2002 and a record low of 3.30 percent in the second quarter of 2019. In Slovakia, the long term unemployment rate refers to the share of unemployed persons since 12 months or more in the total number of active persons (those who are either employed or unemployed) in the labour market. This page provides - Slovakia Long Term Unemployment Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news.

Long Term Unemployment Rate in Sweden increased to 1 percent in the fourth quarter of 2019 from 0.80 percent in the third quarter of 2019. Long Term Unemployment Rate in Sweden averaged 1.48 percent from 1992 until 2019, reaching an all time high of 3.50 percent in the second quarter of 1997 and a record low of 0.30 percent in the first quarter of 1992. In Sweden, the long term unemployment rate refers to the share of unemployed persons since 12 months or more in the total number of active persons (those who are either employed or unemployed) in the labour market. This page provides - Sweden Long Term Unemployment Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news.

Long Term Unemployment Rate in Finland increased to 1.30 percent in the fourth quarter of 2019 from 1.20 percent in the third quarter of 2019. Long Term Unemployment Rate in Finland averaged 2.15 percent from 1995 until 2019, reaching an all time high of 5.50 percent in the second quarter of 1995 and a record low of 1.10 percent in the second quarter of 2008. In Finland, the long term unemployment rate refers to the share of unemployed persons since 12 months or more in the total number of active persons (those who are either employed or unemployed) in the labour market. This page provides - Finland Long Term Unemployment Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news.

Long Term Unemployment Rate in the United Kingdom decreased to 0.80 percent in the fourth quarter of 2019 from 0.90 percent in the third quarter of 2019. Long Term Unemployment Rate in the United Kingdom averaged 1.99 percent from 1992 until 2019, reaching an all time high of 4.30 percent in the second quarter of 1993 and a record low of 0.80 percent in the fourth quarter of 2019. In the United Kingdom, the long term unemployment rate refers to the share of unemployed persons since 12 months or more in the total number of active persons (those who are either employed or unemployed) in the labour market. This page provides - United Kingdom Long Term Unemployment Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news.

Long Term Unemployment Rate in Switzerland decreased to 1.20 percent in the fourth quarter of 2019 from 1.60 percent in the third quarter of 2019. Long Term Unemployment Rate in Switzerland averaged 1.64 percent from 2010 until 2019, reaching an all time high of 2 percent in the third quarter of 2015 and a record low of 1.20 percent in the fourth quarter of 2019. In Switzerland, the long term unemployment rate refers to the share of unemployed persons since 12 months or more in the total number of active persons (those who are either employed or unemployed) in the labour market. This page provides - Switzerland Long Term Unemployment Rate- actual values, historical data, forecast, chart, statistics, economic calendar and news.

Long Term Unemployment Rate in Montenegro increased to 12.70 percent in the fourth quarter of 2019 from 12.20 percent in the third quarter of 2019. Long Term Unemployment Rate in Montenegro averaged 13.83 percent from 2011 until 2019, reaching an all time high of 17.60 percent in the first quarter of 2013 and a record low of 10.50 percent in the second quarter of 2018. This page provides - Montenegro Long Term Unemployment Rate- actual values, historical data, forecast, chart, statistics, economic calendar and news.

Long Term Unemployment Rate in Norway increased to 0.90 percent in the fourth quarter of 2019 from 0.80 percent in the third quarter of 2019. Long Term Unemployment Rate in Norway averaged 0.71 percent from 1995 until 2019, reaching an all time high of 2 percent in the second quarter of 1995 and a record low of 0.30 percent in the second quarter of 2000. In Norway, the long term unemployment rate refers to the share of unemployed persons since 12 months or more in the total number of active persons (those who are either employed or unemployed) in the labour market. This page provides - Norway Long Term Unemployment Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news.

Long Term Unemployment Rate in Macedonia decreased to 12 percent in the fourth quarter of 2019 from 12.40 percent in the third quarter of 2019. Long Term Unemployment Rate in Macedonia averaged 23.27 percent from 2006 until 2019, reaching an all time high of 30.90 percent in the third quarter of 2006 and a record low of 11.90 percent in the second quarter of 2019. In Macedonia, the long term unemployment rate refers to the share of unemployed persons since 12 months or more in the total number of active persons (those who are either employed or unemployed) in the labour market. This page provides - Macedonia Long Term Unemployment Rate- actual values, historical data, forecast, chart, statistics, economic calendar and news.

Long Term Unemployment Rate in Turkey increased to 3.60 percent in the fourth quarter of 2019 from 3.40 percent in the third quarter of 2019. Long Term Unemployment Rate in Turkey averaged 2.38 percent from 2006 until 2019, reaching an all time high of 3.60 percent in the fourth quarter of 2019 and a record low of 1.60 percent in the third quarter of 2012. In Turkey, the long term unemployment rate refers to the share of unemployed persons since 12 months or more in the total number of active persons (those who are either employed or unemployed) in the labour market. This page provides the latest reported value for - Turkey Long Term Unemployment Rate - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.

Long Term Unemployment Rate In the Euro Area remained unchanged at 3.20 percent in the fourth quarter of 2019 from 3.20 percent in the third quarter of 2019. Long Term Unemployment Rate in the Euro Area averaged 4.38 percent from 1997 until 2019, reaching an all time high of 6.30 percent in the first quarter of 2014 and a record low of 2.70 percent in the third quarter of 2008. In the Euro Area, the long term unemployment rate refers to the share of unemployed persons since 12 months or more in the total number of active persons (those who are either employed or unemployed) in the labour market. This page provides the latest reported value for - Euro Area Long Term Unemployment Rate - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.

Long Term Unemployment Rate in European Union remained unchanged at 2.40 percent in the fourth quarter of 2019 from 2.40 percent in the third quarter of 2019. Long Term Unemployment Rate in European Union averaged 3.83 percent from 2002 until 2019, reaching an all time high of 5.30 percent in the first quarter of 2014 and a record low of 2.40 percent in the third quarter of 2008. In the European Union, the long term unemployment rate refers to the share of unemployed persons since 12 months or more in the total number of active persons (those who are either employed or unemployed) in the labour market. This page provides - European Union Long Term Unemployment Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news.

Long Term Unemployment Rate in the United States decreased to 0.60 percent in April from 0.71 percent in March of 2020. Long Term Unemployment Rate in the United States averaged 0.99 percent from 1948 until 2020, reaching an all time high of 4.40 percent in April of 2010 and a record low of 0.08 percent in May of 1953. Long Term Unemployment Rate in the United States refers to the unemployment rate for a period longer than 27 weeks. This page provides the latest reported value for - United States Long Term Unemployment Rate - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.

Fiji is the 55 least corrupt nation out of 175 countries, according to the 2005 Corruption Perceptions Index reported by Transparency International. The Corruption Perceptions Index ranks countries and territories based on how corrupt their public sector is perceived to be. A country or territory's rank indicates its position relative to the other countries and territories in the index. This page provides the latest reported value for - Fiji Corruption Rank - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.

Internet Speed in Fiji increased to 9530.44 KBps in the first quarter of 2017 from 7054.06 KBps in the fourth quarter of 2016. Internet Speed in Fiji averaged 2104.62 KBps from 2007 until 2017, reaching an all time high of 9530.44 KBps in the first quarter of 2017 and a record low of 218.75 KBps in the second quarter of 2009. This page includes a chart with historical data for FijiInternet Speed.

Precipitation in Fiji increased to 261.22 mm in December from 216.87 mm in November of 2015. Precipitation in Fiji averaged 227.78 mm from 1901 until 2015, reaching an all time high of 744.06 mm in March of 1996 and a record low of 37.63 mm in July of 1986. This page includes a chart with historical data for Fiji Average Precipitation.

Deposit Interest Rate in Fiji increased to 3.33 percent in 2017 from 2.82 percent in 2016. Deposit Interest Rate in Fiji averaged 3.83 percent from 1980 until 2017, reaching an all time high of 7.04 percent in 2007 and a record low of 1.24 percent in 1999. The Deposit Interest Rate is the average rate paid by commercial banks to individuals or corporations on deposits. This page includes a chart with historical data for Deposit Interest Rate in Fiji.

Tourism Revenues in Fiji increased to 648.90 FJD Million in the third quarter of 2019 from 480.30 FJD Million in the second quarter of 2018. Tourism Revenues in Fiji averaged 409.21 FJD Million from 2012 until 2019, reaching an all time high of 648.90 FJD Million in the third quarter of 2019 and a record low of 272.40 FJD Million in the first quarter of 2013. This page provides - Fiji Tourism Revenues- actual values, historical data, forecast, chart, statistics, economic calendar and news.

Fiji recorded a Government Budget deficit equal to 4.80 percent of the country's Gross Domestic Product in 2018. Government Budget in Fiji averaged -2.50 percent of GDP from 1992 until 2018, reaching an all time high of 5 percent of GDP in 1998 and a record low of -6.50 percent of GDP in 2001. Government Budget is an itemized accounting of the payments received by government (taxes and other fees) and the payments made by government (purchases and transfer payments). A budget deficit occurs when an government spends more money than it takes in. The opposite of a budget deficit is a budget surplus. This page provides - Fiji Government Budget - actual values, historical data, forecast, chart, statistics, economic calendar and news.

Fiji recorded a Current Account deficit of 5.90 percent of the country's Gross Domestic Product in 2018. Current Account to GDP in Fiji averaged -7.24 percent from 1999 until 2018, reaching an all time high of -1.40 percent in 2012 and a record low of -16.30 percent in 2006. The Current account balance as a percent of GDP provides an indication on the level of international competitiveness of a country. Usually, countries recording a strong current account surplus have an economy heavily dependent on exports revenues, with high savings ratings but weak domestic demand. On the other hand, countries recording a current account deficit have strong imports, a low saving rates and high personal consumption rates as a percentage of disposable incomes. This page provides - Fiji Current Account to GDP - actual values, historical data, forecast, chart, statistics, economic calendar and news.

Military Expenditure in Fiji increased to 47 USD Million in 2018 from 45.70 USD Million in 2017. Military Expenditure in Fiji averaged 40.31 USD Million from 1970 until 2018, reaching an all time high of 84.80 USD Million in 2007 and a record low of 2.50 USD Million in 1970.

The Social Security Rate For Companies in Fiji stands at 10 percent. Social Security Rate For Companies in Fiji averaged 8.50 percent from 2004 until 2019, reaching an all time high of 10 percent in 2016 and a record low of 8 percent in 2005. In Fiji, the Social Security Rate is a tax related with labor income charged to both companies and employees. Revenues from the Social Security Rate are an important source of income for the government of Fiji because they help to pay for many social programs including welfare, health care and many other benefits. This page provides - Fiji Social Security Rate For Companies- actual values, historical data, forecast, chart, statistics, economic calendar and news.

Building Permits in Fiji decreased to 422 in the first quarter of 2019 from 430 in the fourth quarter of 2018. Building Permits in Fiji averaged 951.94 from 1992 until 2019, reaching an all time high of 2756 in the fourth quarter of 1993 and a record low of 259 in the third quarter of 2011. This page provides the latest reported value for - Fiji Number of Building Permits Issued - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.

Fiji recorded a Current Account deficit of 459.90 FJD Million in the first quarter of 2019. Current Account in Fiji averaged -130.44 FJD Million from 2009 until 2019, reaching an all time high of 103.60 FJD Million in the third quarter of 2012 and a record low of -461.30 FJD Million in the fourth quarter of 2018. Current Account is the sum of the balance of trade (exports minus imports of goods and services), net factor income (such as interest and dividends) and net transfer payments (such as foreign aid). This page provides - Fiji Current Account - actual values, historical data, forecast, chart, statistics, economic calendar and news.

Fiji is ranked 102 among 190 economies in the ease of doing business, according to the latest World Bank annual ratings. The rank of Fiji deteriorated to 102 in 2019 from 101 in 2018. Ease of Doing Business in Fiji averaged 78.08 from 2008 until 2019, reaching an all time high of 102 in 2019 and a record low of 43 in 2008. The Ease of doing business index ranks countries against each other based on how the regulatory environment is conducive to business operationstronger protections of property rights. Economies with a high rank (1 to 20) have simpler and more friendly regulations for businesses. This page includes a chart with historical data for Ease of Doing Business in Fiji.

The Personal Income Tax Rate in Fiji stands at 20 percent. Personal Income Tax Rate in Fiji averaged 25.82 percent from 2004 until 2020, reaching an all time high of 31 percent in 2005 and a record low of 20 percent in 2013. In Fiji, the Personal Income Tax Rate is a tax collected from individuals and is imposed on different sources of income like labour, pensions, interest and dividends. The benchmark we use refers to the Top Marginal Tax Rate for individuals. Revenues from the Personal Income Tax Rate are an important source of income for the government of Fiji. This page provides - Fiji Personal Income Tax Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news.

Fiji recorded a trade deficit of 644663 FJD Thousand in November of 2019. Balance of Trade in Fiji averaged -216641.96 FJD Thousand from 2009 until 2019, reaching an all time high of -75681 FJD Thousand in November of 2009 and a record low of -644663 FJD Thousand in November of 2019. Fiji runs large trade deficits as the country imports most of what it consumes. Fiji mainly exports cane sugar, bottled water, fish, wood, gold, bread and manioc. Fiji mainly imports fuel, telecommunications equipment, recreational vehicles, rice, cane sugar, wheat, pharmaceutical products, meat and natural gas. Fiji’s main trading partners are Singapore, United States, New Zealand, United Kingdom, Japan, Thailand, Tonga and China. This page provides - Fiji Balance of Trade - actual values, historical data, forecast, chart, statistics, economic calendar and news.

Unemployment Rate in Fiji increased to 4.20 percent in 2018 from 4.10 percent in 2017. Unemployment Rate in Fiji averaged 4.95 percent from 1982 until 2018, reaching an all time high of 9.40 percent in 1988 and a record low of 3.60 percent in 2008. In Fiji, the unemployment rate measures the number of people actively looking for a job as a percentage of the labour force. This page provides - Fiji Unemployment Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news.

Industrial Production in Fiji increased 2.40 percent in the second quarter of 2019 over the same quarter in the previous year. Industrial Production in Fiji averaged 1.53 percent from 2013 until 2019, reaching an all time high of 14.80 percent in the first quarter of 2015 and a record low of -10.80 percent in the fourth quarter of 2015. In Fiji, industrial production measures the output of businesses integrated in industrial sector of the economy such as manufacturing, mining, and utilities. This page provides the latest reported value for - Fiji Industrial Production - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.

Producer Prices in Fiji increased 1 percent in September of 2019 over the same month in the previous year. Producer Prices Change in Fiji averaged 0.71 percent from 2012 until 2019, reaching an all time high of 2.50 percent in the third quarter of 2016 and a record low of -0.70 percent in the second quarter of 2015. Producer prices change refers to year over year change in price of goods and services sold by manufacturers and producers in the wholesale market during a given period. This page provides the latest reported value for - Fiji Producer Prices Change - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.

Fiji recorded a government debt equivalent to 48.70 percent of the country's Gross Domestic Product in 2018. Government Debt to GDP in Fiji averaged 44.55 percent from 1980 until 2018, reaching an all time high of 56.20 percent in 2010 and a record low of 33.69 percent in 1981. Generally, Government debt as a percent of GDP is used by investors to measure a country ability to make future payments on its debt, thus affecting the country borrowing costs and government bond yields. This page provides - Fiji Government Debt To GDP - actual values, historical data, forecast, chart, statistics, economic calendar and news.

The total population in Fiji was estimated at 0.9 million people in 2019, according to the latest census figures and projections from Trading Economics. Looking back, in the year of 1960, Fiji had a population of 0.4 million people. The population of Fiji represents 0.01 percent of the world´s total population which arguably means that one person in every 8019 people on the planet is a resident of Fiji. This page provides - Fiji Population - actual values, historical data, forecast, chart, statistics, economic calendar and news.

The Gross Domestic Product (GDP) in Fiji expanded 1 percent in 2019 from the previous year. GDP Annual Growth Rate in Fiji averaged 2.67 percent from 1971 until 2019, reaching an all time high of 12.70 percent in 1973 and a record low of -6.40 percent in 1987. Fiji is one of the most developed island nations in the Pacific region. Still, more than 31 percent of the population lives under poverty and the country is dependent on foreign aid and remittances. Tourism is the most important sector of the economy and accounts for more than 25 percent of GDP. Sugar and textiles exports remain important sources of revenue, but have fallen from prominence as Fiji is unable to compete globally. This page provides - Fiji GDP Annual Growth Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news.

Consumer Price Index Cpi in Fiji increased to 115.10 Index Points in August from 114.40 Index Points in July of 2019. Consumer Price Index Cpi in Fiji averaged 108.98 Index Points from 2013 until 2019, reaching an all time high of 116.80 Index Points in February of 2019 and a record low of 101.80 Index Points in January of 2016. This page provides - Fiji Consumer Price Index Cpi- actual values, historical data, forecast, chart, statistics, economic calendar and news.

CPI Housing Utilities in Fiji decreased to 93.30 Index Points in October from 94.60 Index Points in September of 2019. CPI Housing Utilities in Fiji averaged 95.46 Index Points from 2014 until 2019, reaching an all time high of 103.56 Index Points in June of 2014 and a record low of 89.60 Index Points in April of 2016. This page provides - Fiji Cpi Housing Utilities- actual values, historical data, forecast, chart, statistics, economic calendar and news.

The transportation sub-index of the CPI basket in Fiji decreased to 96.30 Index Points in October of 2019 from 96.90 Index Points in September of 2019. CPI Transportation in Fiji averaged 97.78 Index Points from 2014 until 2019, reaching an all time high of 106.20 Index Points in February of 2014 and a record low of 91.70 Index Points in June of 2016. This page provides - Fiji Cpi Transportation- actual values, historical data, forecast, chart, statistics, economic calendar and news.

Inflation Rate MoM measures month over month change in the price of goods and services

The inflation rate in Fiji was recorded at -1.30 percent in April of 2020. Inflation Rate in Fiji averaged 3.65 percent from 2003 until 2020, reaching an all time high of 10.50 percent in April of 2010 and a record low of -3 percent in February of 2020. In Fiji, the most important category in the consumer price index is Food and Non-Alcoholic Beverages (28.3 percent of total weight). Transport accounts for 14.5 percent; Housing and Utilities for 11.7 percent; Education for 10.2 percent; Alcoholic beverages and Tobacco for 7.7 percent and Miscellaneous Goods and Services for 7.7 percent. Furniture, Household Goods and Maintenance; Communication; Recreation and Culture; Restaurants and Hotels; Clothing and Footwear and Health account for the remaining 19.9 percent of total weight. This page provides - Fiji Inflation Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news.

Standard & Poor's credit rating for Fiji stands at BB- with stable outlook. Moody's credit rating for Fiji was last set at Ba3 with stable outlook. In general, a credit rating is used by sovereign wealth funds, pension funds and other investors to gauge the credit worthiness of Fiji thus having a big impact on the country's borrowing costs. This page includes the government debt credit rating for Fiji as reported by major credit rating agencies.

Fiji recorded 18 Coronavirus Cases since the epidemic began, according to the World Health Organization (WHO). Fiji did not report any Coronavirus Deaths so far. This page includes a chart with historical data for Fiji Coronavirus Cases.

Fiji did not report any Coronavirus Deaths so far, according to the World Health Organization (WHO). This page includes a chart with historical data for Fiji Coronavirus Deaths.

Fiji recorded 14 Coronavirus Recovered since the epidemic began, according to the World Health Organization (WHO). Fiji did not report any Coronavirus Deaths so far. This page includes a chart with historical data for Fiji Coronavirus Recovered.

IP Addresses in Yemen decreased to 113777 IP in the first quarter of 2017 from 114320 IP in the fourth quarter of 2016. IP Addresses in Yemen averaged 41849.92 IP from 2007 until 2017, reaching an all time high of 114320 IP in the fourth quarter of 2016 and a record low of 6746 IP in the fourth quarter of 2007. This page includes a chart with historical data for YemenIP Addresses.

Precipitation in Yemen decreased to 7.72 mm in December from 8.30 mm in November of 2015. Precipitation in Yemen averaged 14.07 mm from 1901 until 2015, reaching an all time high of 106.95 mm in April of 1963 and a record low of 0.08 mm in December of 1983. This page includes a chart with historical data for Yemen Average Precipitation.

Temperature in Yemen decreased to 20.15 celsius in December from 22.22 celsius in November of 2015. Temperature in Yemen averaged 26.22 celsius from 1876 until 2015, reaching an all time high of 32.74 celsius in June of 1998 and a record low of 18.47 celsius in January of 2015. This page includes a chart with historical data for Yemen Average Temperature.

Deposit Interest Rate in Yemen decreased to 15.25 in 2013 from 19.50 in 2012. Deposit Interest Rate in Yemen averaged 15.02 from 1996 until 2013, reaching an all time high of 23.75 in 1996 and a record low of 10.67 in 2009. Deposit Interest Rate in Yemen is reported by the World Bank. This page includes a chart with historical data for Deposit Interest Rate in Yemen.

Yemen recorded a Current Account deficit of 579 USD Million in 2017. Current Account in Yemen averaged -370.43 USD Million from 1990 until 2017, reaching an all time high of 1337 USD Million in 2000 and a record low of -2527 USD Million in 2009. Current Account is the sum of the balance of trade (exports minus imports of goods and services), net factor income (such as interest and dividends) and net transfer payments (such as foreign aid). This page provides - Yemen Current Account - actual values, historical data, forecast, chart, statistics, economic calendar and news.

The Gross Domestic Product (GDP) in Yemen contracted 2.70 percent in 2018 from the previous year. GDP Annual Growth Rate in Yemen averaged 2.54 percent from 1990 until 2018, reaching an all time high of 20.50 percent in 1996 and a record low of -28.10 percent in 2015. Yemen is one of the poorest countries in the world. Its economy depends on foreign aid and remittances from workers in neighbouring golf states. The most important sector of the economy is dwindling oil extraction, it accounts for around 70 percent of government revenue and 25 percent of GDP. Agriculture is also very important as it employs over 50 percent of the population. In recent years, the government has engaged in efforts to diversify the economy from dependency on oil. As a result, there was a surge of investment in the development of infrastructure for natural gas extraction. Yet, the political instability in 2011 has undermined development efforts, resulted in damage of infrastructure, rising unemployment and high inflation. This page provides - Yemen GDP Annual Growth Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news.