Yemen recorded a Government Budget deficit equal to 4.40 percent of the country's Gross Domestic Product in 2018.

Government Budget in Yemen averaged -2.97 percent of GDP from 1998 until 2018, reaching an all time high of 15 percent of GDP in 1999 and a record low of -8.70 percent of GDP in 2015. This page provides - Yemen Government Budget - actual values, historical data, forecast, chart, statistics, economic calendar and news. Yemen Government Budget - values, historical data and charts - was last updated on August of 2020.

Government Budget in Yemen is expected to reach -8.50 percent of GDP by the end of 2020, according to Trading Economics global macro models and analysts expectations. In the long-term, the Yemen Government Budget is projected to trend around -9.80 percent of GDP in 2021 and -6.50 percent of GDP in 2022, according to our econometric models.

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Yemen Government Budget

Actual Previous Highest Lowest Dates Unit Frequency
-4.40 -4.80 15.00 -8.70 1998 - 2018 percent of GDP Yearly

Yemen Government Last Previous Highest Lowest Unit
Government Debt to GDP 63.20 76.20 96.10 36.40 percent [+]
Government Budget -4.40 -4.80 15.00 -8.70 percent of GDP [+]
Credit Rating 15.00 [+]


Yemen Government Budget
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.