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Economy of Indonesia vs Yemen compared: GDP & Debt

Updated on by Georank team

Indonesia has a GDP of $1.4T compared to $21.6B for Yemen, ranking 16/197 and 125/197 by economy size, respectively.

Indonesia has $561B in government debt (40.2% of GDP), compared to $18.8B (70.9% of GDP) in Yemen.

Indonesia vs Yemen GDP by year

Indonesia
Yemen
1x
Year GDP, current $
Indonesia Yemen
2024 $1,396,300,098,191 -
2023 $1,371,169,301,564 -
2022 $1,319,101,183,380 -
2021 $1,186,509,691,087 -
2020 $1,059,054,842,698 -
2019 $1,119,099,871,350 -
2018 $1,042,271,532,989 $21,606,160,663
2017 $1,015,618,744,160 $26,842,229,045
2016 $931,877,364,038 $31,317,825,274
2015 $860,854,232,686 $42,444,490,074
2014 $890,814,755,534 $43,228,585,321
2013 $912,524,136,718 $40,415,233,436
2012 $917,869,913,333 $35,401,331,610
2011 $892,969,104,563 $32,726,417,878
2010 $755,094,157,622 $30,906,749,533
2009 $539,580,085,612 $25,130,278,213
2008 $510,228,634,992 $26,910,855,807
2007 $432,216,737,775 $21,650,528,674
2006 $364,570,515,618 $19,063,143,370
2005 $285,868,619,196 $16,731,566,717
2004 $256,836,875,295 $13,867,634,371
2003 $234,772,463,824 $11,777,532,662
2002 $195,660,611,165 $10,693,430,511
2001 $160,446,947,785 $9,852,990,693
2000 $165,021,012,078 $9,679,316,770
1999 $140,001,351,215 $7,639,325,296
1998 $95,445,547,873 $6,322,175,566
1997 $215,748,998,610 $6,838,298,531
1996 $227,369,679,375 $6,496,163,616
1995 $202,132,028,723 $12,796,345,679
1994 $176,892,143,932 $28,019,483,764
1993 $158,006,700,302 $21,736,802,664
1992 $128,026,966,580 $17,959,367,194
1991 $116,621,996,217 $14,665,445,462
1990 $106,140,727,334 $12,643,821,569
1989 $94,451,427,877 -
1988 $84,300,174,486 -
1987 $75,929,617,558 -
1986 $79,954,072,545 -
1985 $85,289,488,375 -
1984 $84,853,700,028 -
1983 $81,052,283,384 -
1982 $90,158,449,295 -
1981 $85,518,233,419 -
1980 $72,482,337,397 -
1979 $51,400,186,343 -
1978 $51,455,719,076 -
1977 $45,808,915,663 -
1976 $37,269,156,627 -
1975 $30,463,855,422 -
1974 $25,802,409,639 -
1973 $16,273,253,012 -
1972 $10,997,590,361 -
1971 $9,333,536,370 -
1970 $9,150,684,932 -
1969 $8,337,423,313 -
1968 $7,076,465,300 -
1967 $5,667,756,628 -

Data sources: World Bank | Economy & Growth (1967–2024, retrieved 2026-04-06).

GeoRank.org/economy/indonesia/yemen | CC BY

GDP per capita in Indonesia vs Yemen by year

Indonesia
GDP per capita

GDP per capita, PPP
Yemen
GDP per capita

GDP per capita, PPP
1x
Year Current $
Indonesia Yemen
GDP per capita GDP per capita, PPP GDP per capita GDP per capita, PPP
2024 $4,925 $16,448 - -
2023 $4,876 $15,416 - -
2022 $4,731 $14,285 - -
2021 $4,287 $12,757 - -
2020 $3,854 $11,729 - -
2019 $4,107 $11,986 - -
2018 $3,861 $11,372 $634 -
2017 $3,799 $10,688 $811 -
2016 $3,521 $10,263 $975 -
2015 $3,288 $10,028 $1,362 -
2014 $3,441 $10,065 $1,430 -
2013 $3,567 $9,866 $1,379 $3,164
2012 $3,632 $9,530 $1,245 $3,005
2011 $3,579 $8,937 $1,186 $3,113
2010 $3,066 $8,353 $1,155 $3,603
2009 $2,218 $7,868 $969 $3,411
2008 $2,125 $7,569 $1,072 $3,370
2007 $1,823 $7,096 $890 $3,294
2006 $1,558 $6,583 $810 $3,205
2005 $1,238 $6,134 $734 $3,113
2004 $1,127 $5,700 $628 $2,949
2003 $1,043 $5,353 $549 $2,844
2002 $881 $5,076 $513 $2,768
2001 $732 $4,849 $487 $2,702
2000 $764 $4,639 $493 $2,624
1999 $657 $4,386 $401 $2,492
1998 $455 $4,356 $343 $2,442
1997 $1,045 $5,037 $383 $2,351
1996 $1,119 $4,807 $375 $2,268
1995 $1,011 $4,451 $764 $2,201
1994 $900 $4,096 $1,735 $2,115
1993 $817 $3,793 $1,397 $2,013
1992 $674 $3,538 $1,198 $1,963
1991 $624 $3,305 $1,016 $1,843
1990 $578 $3,044 $910 $1,742
1989 $524 - - -
1988 $477 - - -
1987 $438 - - -
1986 $470 - - -
1985 $511 - - -
1984 $520 - - -
1983 $508 - - -
1982 $578 - - -
1981 $561 - - -
1980 $487 - - -
1979 $353 - - -
1978 $362 - - -
1977 $331 - - -
1976 $275.7 - - -
1975 $231.1 - - -
1974 $200.7 - - -
1973 $129.9 - - -
1972 $90.1 - - -
1971 $78.5 - - -
1970 $79.1 - - -
1969 $74.1 - - -
1968 $64.7 - - -
1967 $53.2 - - -

Data sources: World Bank | Economy & Growth (1967–2024, retrieved 2026-04-06).

GeoRank.org/economy/indonesia/yemen | CC BY

Indonesia's GDP per capita is $4,925, ranking 121/197, compared to $634 in Yemen, ranking 191/197. Adjusted for purchasing power (GDP per capita PPP), Indonesia ranks 107th at $16,448, while Yemen ranks 178th at $3,164.

Economic indicators

Indonesia Yemen
Gross domestic product
$1.4T
2024
$21.6B
2018
GDP rank
16/197
2024
125/197
2018
GDP growth
5.03%
2023-2024
0.75%
2017-2018
GDP per capita
$4,925
2024
$634
2018
GDP per capita rank
121/197
2024
191/197
2018
GDP per capita, PPP
$16,448
2024
$3,164
2013
GDP per capita PPP rank
107/197
2024
178/197
2013
Government debt
$561B
2024
$18.8B
2018
Debt-to-GDP ratio
40.2%
2024
70.9%
2024
Government debt per person
$1,978
2024
$551
2018
Government debt per person rank
120/185
2024
165/185
2018
Average annual personal income after taxes
$3,371
2026
$1,127
2026
Market capitalization of domestic companies
$758B
2023
n/a
Number of millionaires
178,605
2025
n/a
Number of billionaires
33
2025
n/a
Income share by richest 10%
28.8%
2024
29.4%
2014
Income share by poorest 10%
3.5%
2024
3%
2014
Government expenditure, % of GDP
16.8%
2024
8.91%
2024
Consumer prices inflation
2.18%
2023-2024
33.9%
2023-2024
Central bank interest rate
4.75%
2025
n/a
Unemployment rate
3.31%
2023
13.5%
2014
Population
288551776
43325643

Spending and national debt comparison by year

Indonesia
Spending

Debt
Yemen
Spending

Debt
1x
Year % of GDP
Indonesia Yemen
Government spending Government debt Government spending Government debt
2024 16.8% 40.2% 8.91% 70.9%
2023 16.6% 39.6% 11.8% 77.9%
2022 17.3% 40.1% 12.2% 65.3%
2021 18.1% 41.1% 8.22% 75.9%
2020 18.4% 39.7% 10.6% 87%
2019 16.4% 30.6% 13.2% 91.5%
2018 16.6% 30.4% 14.3% 86.9%
2017 16.4% 29.4% 8.39% 83.8%
2016 16.9% 28% 16.1% 76.5%
2015 17.6% 27% 19.4% 57.7%
2014 18.4% 24.6% 27.8% 48.9%
2013 18.8% 24.9% 30.8% 48.4%
2012 18.8% 23% 36.2% 47.6%
2011 17.7% 23.1% 29.8% 45.7%
2010 16.9% 26.4% 30.2% 42.4%
2009 17% 26.5% 35.2% 49.8%
2008 19.4% 30.3% 41.2% 36.4%
2007 18.7% 38.1% 40.3% 40.4%
2006 18.4% 35.8% 37.4% 40.8%
2005 17.4% 42.6% 36.8% 43.8%
2004 17.8% 51.3% 34.2% 52.1%
2003 18.2% 55.6% 35.3% 56.8%
2002 16.9% 62.3% 30.8% 57.8%
2001 19.5% 73.7% 30.5% 60.6%
2000 15.3% 87.4% 31.7% 60.8%
1999 15.1% 95.9% 28.2% 96.1%
1998 15.1% 72.5% 34.3% 110.6%
1997 15.2% 26.4% 34.2% 74.2%
1996 11.5% 27.5% 30.7% 114.9%
1995 11.9% 32% 24.1% 84.1%
1994 13.5% 37% 25.2% 73.3%
1993 14.1% 40.4% 25.8% 76.7%
1992 16.8% 42.6% 24.6% 78%
1991 15% 39.2% 24.7% 82.7%
1990 15.8% 40.8% 26.6% 91.6%
1989 16.5% 42.5% - -
1988 17.3% 45.6% - -
1987 18% 49.7% - -
1986 20.9% 38.3% - -
1985 18.5% 28% - -
1984 16.1% 23.5% - -
1983 18.2% 23.1% - -
1982 18.8% 18.6% - -
1981 24.4% 16.4% - -
1980 22.1% 17.3% - -
1979 20.9% 22% - -
1978 20.1% 30.3% - -
1977 19.5% 27.7% - -
1976 21.8% 38.1% - -
1975 20.5% 36.7% - -
1974 17.3% 34.4% - -
1973 16.3% 43.1% - -
1972 15.7% 51.2% - -
1971 14.5% 50.5% - -
1970 13.8% 46.7% - -
1969 12.8% - - -
1968 8.82% - - -
1967 10.4% - - -
1966 9.18% - - -
1965 10.7% - - -
1964 9.55% - - -
1963 10.3% - - -
1962 7.89% - - -
1961 15.1% - - -
1960 14.4% - - -

Data sources: International Monetary Fund (IMF) | Fiscal Monitor (1990–2024, retrieved 2026-02-20); International Monetary Fund (IMF) | Public Finances in Modern History (1960–1999, retrieved 2026-02-20).

GeoRank.org/economy/indonesia/yemen | CC BY

In 2024, Indonesia's government spending was $235B, accounting for 16.8% of its GDP, while Yemen spent $3.08B, or 8.91% of GDP.

Debt-to-GDP ratio is 40.2% in Indonesia and 70.9% in Yemen, ranking 132/185 and 55/185, respectively.

Government deficit by year

Deficit/surplus
Indonesia

Yemen
1x
Year Deficit/surplus, % of GDP
Indonesia Yemen
2024 -2.3% -2.48%
2023 -1.64% -5.63%
2022 -2.31% -2.15%
2021 -4.4% -0.89%
2020 -6.07% -4.3%
2019 -2.09% -5.89%
2018 -1.69% -7.85%
2017 -2.26% -4.9%
2016 -2.56% -8.51%
2015 -2.72% -8.75%
2014 -1.8% -4.14%
2013 -1.96% -6.9%
2012 -1.59% -6.32%
2011 -0.7% -4.51%
2010 -1.24% -4.06%
2009 -1.64% -10.2%
2008 0.05% -4.53%
2007 -0.95% -7.18%
2006 0.45% 1.19%
2005 0.46% -1.82%
2004 -0.26% -2.15%
2003 -1.08% -4.2%
2002 -0.58% -0.56%
2001 -1.76% 2.79%
2000 -1.87% 6.09%
1999 -0.96% 0.06%
1998 -1.89% -7.77%
1997 -1.03% -1.5%
1996 0.96% -0.92%
1995 0.64% -5.74%
1994 0.005% -14%
1993 -0.59% -12.8%
1992 -2.95% -10.9%
1991 -0.87% -5.76%
1990 -0.55% -10.3%
1989 -1.72% -
1988 -2.68% -
1987 -0.9% -
1986 -2.94% -
1985 -0.45% -
1984 1.83% -
1983 -1% -
1982 -1.11% -
1981 -0.69% -
1980 -0.82% -
1979 -0.67% -
1978 -2.03% -
1977 -0.38% -
1976 -2.63% -
1975 -2.33% -
1974 -0.35% -
1973 -1.33% -
1972 -1.82% -
1971 -2.51% -
1970 -3.02% -
1969 -2.8% -
1968 0% -
1967 -0.35% -
1966 -5.06% -
1965 -6.62% -
1964 -5.58% -
1963 -5.24% -
1962 -3.1% -
1961 -4.57% -
1960 -1.65% -
1959 -4.06% -
1958 -6.67% -
1957 -2.92% -
1956 -1.38% -
1955 -1.6% -
1954 -3.16% -
1953 -2.33% -
1952 -3.66% -
1951 1.52% -

Data sources: International Monetary Fund (IMF) | Fiscal Monitor (1990–2024, retrieved 2026-02-20); International Monetary Fund (IMF) | Public Finances in Modern History (1951–1992, retrieved 2026-02-20).

GeoRank.org/economy/indonesia/yemen | CC BY

In 2018, Indonesia's government deficit, the difference between spending and revenue, was $17.6B, equivalent to 1.69% of GDP. This compares to Yemen's deficit of $1.7B, or 7.85% of GDP.

Over the past 29 years, Indonesia recorded a fiscal deficit in 23 of those years, while Yemen ran a deficit in 25 years. On average, Indonesia posted an annual deficit equal to 1.07% of GDP, compared to deficit of 5.04% of GDP for Yemen.

Inflation comparison by year

Inflation
Indonesia

Yemen
1x
Year Consumer prices inflation
Indonesia Yemen
2024 2.18% 33.9%
2023 3.67% 0.9%
2022 4.21% 29.5%
2021 1.56% 31.5%
2020 1.92% 21.7%
2019 3.03% 15.7%
2018 3.2% 33.6%
2017 3.81% 30.4%
2016 3.53% 21.3%
2015 6.36% 22%
2014 6.39% 8.2%
2013 6.41% 11%
2012 4.28% 9.9%
2011 5.36% 19.5%
2010 5.13% 11.2%
2009 4.39% 3.7%
2008 10.2% 19%
2007 6.41% 7.9%
2006 13.1% 10.8%
2005 10.5% 9.9%
2004 6.06% 12.5%
2003 6.76% 10.8%
2002 11.9% 12.2%
2001 11.5% 11.9%
2000 3.69% 11%
1999 20.5% 7.9%
1998 58.5% 11.5%
1997 6.23% 4.6%

Data sources: International Monetary Fund (IMF) | World Economic Outlook (1997–2024, retrieved 2026-02-20); World Bank | Economy & Growth (1997–2024, retrieved 2026-04-06).

GeoRank.org/economy/indonesia/yemen | CC BY

Over the past 28 years, Indonesia has recorded an average annual inflation rate of 8.24%, compared with 15.5% in Yemen. In 2024, inflation was 2.18% in Indonesia and 33.9% in Yemen.

Top exports between countries

Indonesia
Export category Export value
Processed food, beverages & tobacco $76M
Chemicals & pharma $23.5M
Wood & paper products $15.6M
Textiles & consumer goods $10.3M
Raw materials & minerals $5.84M
Machinery & equipment $4.25M
Raw agricultural goods $696K
Metals $369K
Miscellaneous $173K
Animal & marine products $5K
Yemen
Export category Export value
Processed food, beverages & tobacco $258K
Machinery & equipment $37K
Wood & paper products $5K
Animal & marine products $2K

Balance of trade

Indonesia Yemen
Current account balance
-$8.72B
2024
-$2.42B
2016
Current account balance ranking
174/190
2024
148/190
2016
Current account balance, % of GDP
-0.62%
2024
-7.72%
2016
Goods imports
$223B
2024
$6.8B
2016
Goods exports
$263B
2024
$473M
2016
Service imports
$57.6B
2024
$1.46B
2016
Service exports
$39B
2024
$466M
2016
Imports of goods and services, % of GDP
20.4%
2024
47.3%
2018
Exports of goods and services, % of GDP
22.2%
2024
8.76%
2018

Economic freedom indices

The indices of economic freedom below are issued by the Heritage Foundation. Higher scores indicate stronger economic health.

Indonesia Yemen
Economic freedom 65.1 53.7
Economic freedom ranking 67/197 138/197
Property rights 39.7 3.5
Government integrity 42 6.2
Judicial effectiveness 43.1 9.9
Tax burden 81.5 93.7
Government spending 91.4 0
Fiscal health 89.8 71.2
Business freedom 69.2 31.3
Labor freedom 56.8 31.2
Monetary freedom 79.4 48.1
Trade freedom 78.6 67.4
Investment freedom 50 50
Financial freedom 60 30

Economic freedom comparison by year

Indonesia
Yemen
1x
Year Economic freedom index
Indonesia Yemen
2026 65.1 -
2025 65.2 -
2024 63.5 -
2023 63.5 -
2022 64.4 -
2021 66.9 -
2020 67.2 -
2019 65.8 -
2018 64.2 -
2017 61.9 -
2016 59.4 -
2015 58.1 53.7
2014 58.5 55.5
2013 56.9 55.9
2012 56.4 55.3
2011 56 54.2
2010 55.5 54.4
2009 53.4 56.9
2008 53.2 53.8
2007 53.2 54.1
2006 51.9 52.6
2005 52.9 53.8
2004 52.1 50.5
2003 55.8 50.3
2002 54.8 48.6
2001 52.5 44.3
2000 55.2 44.5
1999 61.5 43.3
1998 63.4 46.1
1997 62 48.4
1996 61 49.6
1995 54.9 49.8

Data sources: The Heritage Foundation | Economic Freedom Index (1995–2026, retrieved 2026-03-09).

GeoRank.org/economy/indonesia/yemen | CC BY

The Economic Freedom Index for Indonesia is 65.1, ranking 67/197, compared to 53.7 for Yemen, ranking 138/197. The chart above displays a comparison of annual changes in economic freedom indexes.

Other economic metrics

Indonesia Yemen
Services, % of GDP
43.8%
2024
41.8%
2018
Industry, % of GDP
39.3%
2024
25.4%
2018
Agriculture, forestry, and fishing, % of GDP
12.6%
2024
28.7%
2018
GNI, Atlas method
$1.39T
2024
$25.3B
2018
GNI per capita, PPP
$16,010
2024
$3,020
2013
Total reserves including gold
$156B
2024
$1.25B
2022
Total reserves ranking
20/177
2024
139/177
2022
Net foreign direct investment
-$15.9B
2024
$15.4M
2015
Net inflows of foreign direct investment
$24.2B
2024
-$371M
2019
Net outflows of foreign direct investment
$8.39B
2024
$0
2024
Servicing debt to the IMF, % of GNI
5.65%
2024
0.53%
2018
Poverty at national poverty lines
9%
2024
48.6%
2014
Gross capital formation, % of GDP
31.4%
2024
6.18%
2018

GDP per capita map

1x

Data sources: World Bank | Economy & Growth (1985–2024, retrieved 2026-04-06); U.S. Census Bureau (1985–2024, retrieved 2026-02-08).

GeoRank.org/economy/indonesia/yemen | CC BY

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Data sources:

  1. World Bank | Economy & Growth (1967–2024, retrieved 2026-04-06)
  2. International Monetary Fund (IMF) | Fiscal Monitor (1990–2024, retrieved 2026-02-20)
  3. International Monetary Fund (IMF) | Public Finances in Modern History (1951–1999, retrieved 2026-02-20)
  4. The Heritage Foundation | Economic Freedom Index (1995–2026, retrieved 2026-03-09)
  5. U.S. Census Bureau (1985–2024, retrieved 2026-02-08)
  6. TradeMap (2015–2024, retrieved 2026-02-08)
  7. United Nations | World Population Prospects (2026, retrieved 2026-03-10)
  8. LivingCost (2026, retrieved 2025-10-14)

Creative Commons Attribution (CC BY) — you’re free to copy, share, remix, adapt, and use even commercially as long as you give appropriate credit and clearly indicate if you made changes. Other sources may be subject to different license terms.

The current account balance is the sum of net trade in goods and services, net earnings from cross-border investments, and net transfer payments. It reflects a country's economic transactions with the rest of the world and is a fundamental component of the balance of payments. A surplus indicates that a country exports more than it imports, while a deficit shows the opposite.

Gross National Income (GNI) measures a country's total income. It encompasses income earned by residents, businesses, and foreign sources, defined as employee compensation and investment profits. GNI adds product taxes not included elsewhere and subtracts subsidies. It accounts for income from residents working abroad but excludes earnings from foreigners within the country.

A negative value for Net Foreign Direct Investment indicates a country is a net receiver of investments, as foreign inflows exceed outflows after Balance of Payments adjustments. A positive value indicates a net provider, with outflows exceeding inflows. Inflows are credits (increasing foreign claims on domestic assets), while outflows are debits (increasing domestic assets abroad).

Foreign direct investment (FDI, net inflows) shows how much capital foreign investors bring into a country after accounting for any funds that flow back in the opposite direction. It represents the net value of overseas companies establishing, expanding, or financing businesses in the reporting country. A positive number means more capital entered the country than was withdrawn, while a negative number means foreign investors pulled out more than they invested.

Foreign direct investment (FDI, net outflows) shows how much capital residents of a country invest abroad after accounting for any funds that flow back in the opposite direction. It represents the net value of domestic companies establishing, expanding, or financing businesses in other countries. A positive number means more capital was invested abroad than withdrawn, while a negative number means residents pulled back more than they invested.

Principal and interest payments to the IMF in currency, goods, or services on long-term debt expressed as a share of GNI.

Formerly gross domestic investment, gross capital formation measures the share of a country’s economic output invested in fixed assets, including buildings, machinery, and infrastructure. It indicates how much of the economy is devoted to building productive capacity.