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Economy of Vatican vs Yemen compared: GDP & Debt

Updated on by Georank team

The Vatican has a GDP of $19.8M compared to $21.6B for Yemen, ranking 197/197 and 125/197 by economy size, respectively.

Vatican vs Yemen GDP by year

Vatican
Yemen
1x
Year GDP, current $
Vatican Yemen
2018 - $21,606,160,663
2017 - $26,842,229,045
2016 - $31,317,825,274
2015 - $42,444,490,074
2014 - $43,228,585,321
2013 - $40,415,233,436
2012 - $35,401,331,610
2011 - $32,726,417,878
2010 - $30,906,749,533
2009 - $25,130,278,213
2008 - $26,910,855,807
2007 - $21,650,528,674
2006 - $19,063,143,370
2005 - $16,731,566,717
2004 - $13,867,634,371
2003 - $11,777,532,662
2002 - $10,693,430,511
2001 - $9,852,990,693
2000 - $9,679,316,770
1999 - $7,639,325,296
1998 - $6,322,175,566
1997 - $6,838,298,531
1996 - $6,496,163,616
1995 - $12,796,345,679
1994 - $28,019,483,764
1993 - $21,736,802,664
1992 - $17,959,367,194
1991 - $14,665,445,462
1990 - $12,643,821,569

Data sources: World Bank | Economy & Growth (1990–2018, retrieved 2026-04-06).

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

Economic indicators

Vatican Yemen
Gross domestic product
$19.8M
2025
$21.6B
2018
GDP rank
197/197
2025
125/197
2018
GDP growth n/a
0.75%
2017-2018
GDP per capita
$19,800
2025
$634
2018
GDP per capita rank
59/197
2025
191/197
2018
GDP per capita, PPP
$39,191
2025
$3,164
2013
GDP per capita PPP rank
59/197
2025
178/197
2013
Government debt n/a
$18.8B
2018
Debt-to-GDP ratio n/a
70.9%
2024
Government debt per person n/a
$551
2018
Government debt per person rank n/a
165/185
2018
Average annual personal income after taxes
$18,169
2026
$1,127
2026
Income share by richest 10% n/a
29.4%
2014
Income share by poorest 10% n/a
3%
2014
Government expenditure, % of GDP n/a
8.91%
2024
Consumer prices inflation n/a
33.9%
2023-2024
Unemployment rate n/a
13.5%
2014
Population
936
43325643

Balance of trade

Vatican Yemen
Current account balance n/a
-$2.42B
2016
Current account balance ranking n/a
148/190
2016
Current account balance, % of GDP n/a
-7.72%
2016
Goods imports n/a
$6.8B
2016
Goods exports n/a
$473M
2016
Service imports n/a
$1.46B
2016
Service exports n/a
$466M
2016
Imports of goods and services, % of GDP n/a
47.3%
2018
Exports of goods and services, % of GDP n/a
8.76%
2018

Economic freedom indices

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

Vatican Yemen
Economic freedom 65 53.7
Economic freedom ranking 69/197 138/197
Property rights n/a 3.5
Government integrity n/a 6.2
Judicial effectiveness n/a 9.9
Tax burden n/a 93.7
Government spending n/a 0
Fiscal health n/a 71.2
Business freedom n/a 31.3
Labor freedom n/a 31.2
Monetary freedom n/a 48.1
Trade freedom n/a 67.4
Investment freedom n/a 50
Financial freedom n/a 30

Other economic metrics

Vatican Yemen
Services, % of GDP n/a
41.8%
2018
Industry, % of GDP n/a
25.4%
2018
Agriculture, forestry, and fishing, % of GDP n/a
28.7%
2018
GNI, Atlas method n/a
$25.3B
2018
GNI per capita, PPP n/a
$3,020
2013
Total reserves including gold n/a
$1.25B
2022
Total reserves ranking n/a
139/177
2022
Net foreign direct investment n/a
$15.4M
2015
Net inflows of foreign direct investment n/a
-$371M
2019
Net outflows of foreign direct investment n/a
$0
2024
Servicing debt to the IMF, % of GNI n/a
0.53%
2018
Poverty at national poverty lines n/a
48.6%
2014
Gross capital formation, % of GDP n/a
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/vatican/yemen | CC BY

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Data sources:

  1. World Bank | Economy & Growth (1985–2024, retrieved 2026-04-06)
  2. U.S. Census Bureau (1985–2024, retrieved 2026-02-08)
  3. The Heritage Foundation | Economic Freedom Index (2015–2026, retrieved 2026-03-09)
  4. International Monetary Fund (IMF) | Fiscal Monitor (2018–2024, retrieved 2026-02-20)
  5. Central Intelligence Agency (CIA) (2019–2025, retrieved 2026-02-20)
  6. United Nations | World Population Prospects (2026, retrieved 2026-03-10)
  7. 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.