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Economy of Yemen vs Zimbabwe compared: GDP & Debt

Updated on by Georank team

Yemen has a GDP of $21.6B compared to $41.5B for Zimbabwe, ranking 125/197 and 102/197 by economy size, respectively.

Yemen has $18.8B in government debt (70.9% of GDP), compared to $30.3B (73% of GDP) in Zimbabwe.

Yemen vs Zimbabwe GDP by year

Yemen
Zimbabwe
1x
Year GDP, current $
Yemen Zimbabwe
2024 - $41,539,411,516
2023 - $35,871,779,681
2022 - $40,757,561,709
2021 - $41,287,673,690
2020 - $31,980,334,561
2019 - $33,357,695,635
2018 $21,606,160,663 $34,141,666,667
2017 $26,842,229,045 $51,035,657,371
2016 $31,317,825,274 $20,559,250,000
2015 $42,444,490,074 $19,973,250,000
2014 $43,228,585,321 $19,505,500,000
2013 $40,415,233,436 $19,100,750,000
2012 $35,401,331,610 $17,123,500,000
2011 $32,726,417,878 $14,109,000,000
2010 $30,906,749,533 $12,047,750,000
2009 $25,130,278,213 $9,670,750,000
2008 $26,910,855,807 $4,418,000,000
2007 $21,650,528,674 $5,294,750,000
2006 $19,063,143,370 $5,446,750,000
2005 $16,731,566,717 $5,758,250,000
2004 $13,867,634,371 $5,808,500,000
2003 $11,777,532,662 $5,730,500,000
2002 $10,693,430,511 $6,345,250,000
2001 $9,852,990,693 $6,780,750,000
2000 $9,679,316,770 $6,693,250,000
1999 $7,639,325,296 $6,861,500,000
1998 $6,322,175,566 $6,405,250,000
1997 $6,838,298,531 $8,534,000,000
1996 $6,496,163,616 $8,557,500,000
1995 $12,796,345,679 $7,115,000,000
1994 $28,019,483,764 $6,894,250,000
1993 $21,736,802,664 $6,567,250,000
1992 $17,959,367,194 $6,755,000,000
1991 $14,665,445,462 $8,646,000,000
1990 $12,643,821,569 $8,788,301,546
1989 - $8,290,553,535
1988 - $7,818,774,177
1987 - $6,744,657,033
1986 - $6,220,698,247
1985 - $5,640,137,575
1984 - $6,355,369,172
1983 - $7,768,031,182
1982 - $8,544,060,905
1981 - $8,015,464,252
1980 - $6,682,278,300
1979 - $5,180,102,910
1978 - $4,353,822,343
1977 - $4,366,610,469
1976 - $4,320,576,877
1975 - $4,373,532,601
1974 - $3,984,194,614
1973 - $3,311,043,292
1972 - $2,679,096,597
1971 - $2,179,828,710
1970 - $1,885,168,339
1969 - $1,748,891,294
1968 - $1,480,355,355
1967 - $1,397,715,282
1966 - $1,282,403,936
1965 - $1,312,105,394
1964 - $1,217,759,447
1963 - $1,160,103,724
1962 - $1,118,172,226
1961 - $1,097,206,526
1960 - $1,053,528,036

Data sources: World Bank | Economy & Growth (1960–2024, retrieved 2026-04-06).

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

GDP per capita in Yemen vs Zimbabwe by year

Yemen
GDP per capita

GDP per capita, PPP
Zimbabwe
GDP per capita

GDP per capita, PPP
1x
Year Current $
Yemen Zimbabwe
GDP per capita GDP per capita, PPP GDP per capita GDP per capita, PPP
2024 - - $2,497 $5,928
2023 - - $2,195 $5,791
2022 - - $2,536 $5,396
2021 - - $2,614 $4,827
2020 - - $2,060 $4,179
2019 - - $2,184 $4,166
2018 $634 - $2,271 $3,993
2017 $811 - $3,445 $10,756
2016 $975 - $1,408 $4,275
2015 $1,362 - $1,387 $4,046
2014 $1,430 - $1,373 $3,903
2013 $1,379 $3,164 $1,363 $3,784
2012 $1,245 $3,005 $1,239 $3,472
2011 $1,186 $3,113 $1,038 $3,047
2010 $1,155 $3,603 $902 $2,661
2009 $969 $3,411 $736 $2,233
2008 $1,072 $3,370 $341 $1,987
2007 $890 $3,294 $414 $2,396
2006 $810 $3,205 $431 $2,454
2005 $734 $3,113 $461 $2,496
2004 $628 $2,949 $470 $2,591
2003 $549 $2,844 $468 $2,708
2002 $513 $2,768 $525 $3,238
2001 $487 $2,702 $566 $3,533
2000 $493 $2,624 $563 $3,429
1999 $401 $2,492 $582 $3,491
1998 $343 $2,442 $552 $3,527
1997 $383 $2,351 $751 $3,457
1996 $375 $2,268 $767 $3,372
1995 $764 $2,201 $648 $3,051
1994 $1,735 $2,115 $634 $3,012
1993 $1,397 $2,013 $605 $2,703
1992 $1,198 $1,963 $631 $2,651
1991 $1,016 $1,843 $831 $2,930
1990 $910 $1,742 $867 $2,757
1989 - - $840 -
1988 - - $816 -
1987 - - $726 -
1986 - - $693 -
1985 - - $649 -
1984 - - $757 -
1983 - - $959 -
1982 - - $1,096 -
1981 - - $1,069 -
1980 - - $949 -
1979 - - $779 -
1978 - - $665 -
1977 - - $677 -
1976 - - $687 -
1975 - - $717 -
1974 - - $674 -
1973 - - $579 -
1972 - - $483 -
1971 - - $406 -
1970 - - $361 -
1969 - - $346 -
1968 - - $302 -
1967 - - $294.4 -
1966 - - $278.7 -
1965 - - $294.3 -
1964 - - $281.9 -
1963 - - $277.1 -
1962 - - $275.7 -
1961 - - $279.2 -
1960 - - $276.6 -

Data sources: World Bank | Economy & Growth (1960–2024, retrieved 2026-04-06).

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

Yemen's GDP per capita is $634, ranking 191/197, compared to $2,497 in Zimbabwe, ranking 148/197. Adjusted for purchasing power (GDP per capita PPP), Yemen ranks 178th at $3,164, while Zimbabwe ranks 154th at $5,928.

Economic indicators

Yemen Zimbabwe
Gross domestic product
$21.6B
2018
$41.5B
2024
GDP rank
125/197
2018
102/197
2024
GDP growth
0.75%
2017-2018
1.74%
2023-2024
GDP per capita
$634
2018
$2,497
2024
GDP per capita rank
191/197
2018
148/197
2024
GDP per capita, PPP
$3,164
2013
$5,928
2024
GDP per capita PPP rank
178/197
2013
154/197
2024
Government debt
$18.8B
2018
$30.3B
2024
Debt-to-GDP ratio
70.9%
2024
73%
2024
Government debt per person
$551
2018
$1,824
2024
Government debt per person rank
165/185
2018
121/185
2024
Average annual personal income after taxes
$1,127
2026
$2,897
2026
Market capitalization of domestic companies n/a
$2.46B
1999
Number of billionaires n/a
1
2025
Income share by richest 10%
29.4%
2014
40.5%
2019
Income share by poorest 10%
3%
2014
1.9%
2019
Government expenditure, % of GDP
8.91%
2024
12.9%
2024
Consumer prices inflation
33.9%
2023-2024
736%
2023-2024
Central bank interest rate n/a
35%
2024
Unemployment rate
13.5%
2014
12.1%
2024
Population
43325643
17361868

Spending and national debt comparison by year

Yemen
Spending

Debt
Zimbabwe
Spending

Debt
1x
Year % of GDP
Yemen Zimbabwe
Government spending Government debt Government spending Government debt
2024 8.91% 70.9% 12.9% 73%
2023 11.8% 77.9% 15.5% 76.1%
2022 12.2% 65.3% 14.4% 66.8%
2021 8.22% 75.9% 12.8% 39.9%
2020 10.6% 87% 9.27% 56.8%
2019 13.2% 91.5% 9.36% 53.9%
2018 14.3% 86.9% 13.9% 33%
2017 8.39% 83.8% 19.8% 49%
2016 16.1% 76.5% 16.6% 35.1%
2015 19.4% 57.7% 14.7% 34.1%
2014 27.8% 48.9% 14.1% 29.2%
2013 30.8% 48.4% 14.7% 26.4%
2012 36.2% 47.6% 14.6% 27.2%
2011 29.8% 45.7% 16.2% 30%
2010 30.2% 42.4% 12.8% 33.2%
2009 35.2% 49.8% 7.93% 39.7%
2008 41.2% 36.4% 2.54% 41.3%
2007 40.3% 40.4% 3.43% 30.2%
2006 37.4% 40.8% 5.72% 26.7%
2005 36.8% 43.8% 10.5% 22.4%
2004 34.2% 52.1% - -
2003 35.3% 56.8% - -
2002 30.8% 57.8% - -
2001 30.5% 60.6% - -
2000 31.7% 60.8% - -
1999 28.2% 96.1% - -
1998 34.3% 110.6% - -
1997 34.2% 74.2% - -
1996 30.7% 114.9% - -
1995 24.1% 84.1% - -
1994 25.2% 73.3% - -
1993 25.8% 76.7% - -
1992 24.6% 78% - -
1991 24.7% 82.7% - -
1990 26.6% 91.6% - -

Data sources: International Monetary Fund (IMF) | Fiscal Monitor (1990–2024, retrieved 2026-02-20); International Monetary Fund (IMF) | Public Finances in Modern History (1990–1998, retrieved 2026-02-20).

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

In 2024, Yemen's government spending was $3.08B, accounting for 8.91% of its GDP, while Zimbabwe spent $5.37B, or 12.9% of GDP.

Debt-to-GDP ratio is 70.9% in Yemen and 73% in Zimbabwe, ranking 55/185 and 50/185, respectively.

Government deficit by year

Deficit/surplus
Yemen

Zimbabwe
1x
Year Deficit/surplus, % of GDP
Yemen Zimbabwe
2024 -2.48% -1.06%
2023 -5.63% -3.9%
2022 -2.15% -3.3%
2021 -0.89% -2.24%
2020 -4.3% -0.34%
2019 -5.89% -1.72%
2018 -7.85% -3.81%
2017 -4.9% -7.37%
2016 -8.51% -4.63%
2015 -8.75% -1.45%
2014 -4.14% -0.71%
2013 -6.9% -0.69%
2012 -6.32% -0.13%
2011 -4.51% -1.72%
2010 -4.06% -0.11%
2009 -10.2% -1.39%
2008 -4.53% -1.2%
2007 -7.18% -1.67%
2006 1.19% -1.4%
2005 -1.82% -3.46%
2004 -2.15% -
2003 -4.2% -
2002 -0.56% -
2001 2.79% -
2000 6.09% -
1999 0.06% -
1998 -7.77% -
1997 -1.5% -
1996 -0.92% -
1995 -5.74% -
1994 -14% -
1993 -12.8% -
1992 -10.9% -
1991 -5.76% -
1990 -10.3% -

Data sources: International Monetary Fund (IMF) | Fiscal Monitor (1990–2024, retrieved 2026-02-20).

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

In 2018, Yemen's government deficit, the difference between spending and revenue, was $1.7B, equivalent to 7.85% of GDP. This compares to Zimbabwe's deficit of $1.3B, or 3.81% of GDP.

Over the past 14 years, Yemen recorded a fiscal deficit in 13 of those years, while Zimbabwe ran a deficit in 14 years. On average, Yemen posted an annual deficit equal to 5.61% of GDP, compared to deficit of 2.12% of GDP for Zimbabwe.

Inflation comparison by year

Inflation
Yemen

Zimbabwe
1x
Year Consumer prices inflation
Yemen Zimbabwe
2024 33.9% 736%
2023 0.9% 667%
2022 29.5% 193.4%
2021 31.5% 98.5%
2020 21.7% 557%
2019 15.7% 255.3%
2018 33.6% 10.6%
2017 30.4% 0.9%
2016 21.3% -1.6%
2015 22% -2.4%
2014 8.2% -0.2%
2013 11% 1.6%
2012 9.9% 3.7%
2011 19.5% 3.5%
2010 11.2% 3%
2009 3.7% 6.2%
2008 19% 157%
2007 7.9% -72.7%
2006 10.8% 33%
2005 9.9% -31.5%
2004 12.5% 113.6%
2003 10.8% -8.6%
2002 12.2% -34.4%
2001 11.9% -37.2%
2000 11% 4.5%
1999 7.9% -13.4%
1998 11.5% -28%
1997 4.6% -1%

Data sources: International Monetary Fund (IMF) | World Economic Outlook (1997–2024, retrieved 2026-02-20).

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

Over the past 28 years, Yemen has recorded an average annual inflation rate of 15.5%, compared with 93.4% in Zimbabwe. In 2024, inflation was 33.9% in Yemen and 736% in Zimbabwe.

Top exports between countries

Yemen
Export category Export value
Zimbabwe
Export category Export value
Processed food, beverages & tobacco $3.68M

Balance of trade

Yemen Zimbabwe
Current account balance
-$2.42B
2016
$501M
2024
Current account balance ranking
148/190
2016
62/190
2024
Current account balance, % of GDP
-7.72%
2016
+1.21%
2024
Goods imports
$6.8B
2016
$9.06B
2024
Goods exports
$473M
2016
$7.79B
2024
Service imports
$1.46B
2016
$1.66B
2024
Service exports
$466M
2016
$457M
2024
Imports of goods and services, % of GDP
47.3%
2018
23.4%
2024
Exports of goods and services, % of GDP
8.76%
2018
18%
2024

Economic freedom indices

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

Yemen Zimbabwe
Economic freedom 53.7 35.2
Economic freedom ranking 138/197 190/197
Property rights 3.5 19.4
Government integrity 6.2 20.7
Judicial effectiveness 9.9 16.8
Tax burden 93.7 73.6
Government spending 0 93.9
Fiscal health 71.2 52.4
Business freedom 31.3 42
Labor freedom 31.2 33.3
Monetary freedom 48.1 0
Trade freedom 67.4 50.4
Investment freedom 50 10
Financial freedom 30 10

Economic freedom comparison by year

Yemen
Zimbabwe
1x
Year Economic freedom index
Yemen Zimbabwe
2026 - 35.2
2025 - 35.1
2024 - 38.2
2023 - 39
2022 - 33.1
2021 - 39.5
2020 - 43.1
2019 - 40.4
2018 - 44
2017 - 44
2016 - 38.2
2015 53.7 37.6
2014 55.5 35.5
2013 55.9 28.6
2012 55.3 26.3
2011 54.2 22.1
2010 54.4 21.4
2009 56.9 22.7
2008 53.8 29.5
2007 54.1 32
2006 52.6 33.5
2005 53.8 35.2
2004 50.5 34.4
2003 50.3 36.7
2002 48.6 36.7
2001 44.3 38.8
2000 44.5 48.7
1999 43.3 47.2
1998 46.1 44.6
1997 48.4 48
1996 49.6 46.7
1995 49.8 48.5

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

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

The Economic Freedom Index for Yemen is 53.7, ranking 138/197, compared to 35.2 for Zimbabwe, ranking 190/197. The chart above displays a comparison of annual changes in economic freedom indexes.

Other economic metrics

Yemen Zimbabwe
Services, % of GDP
41.8%
2018
50.6%
2024
Industry, % of GDP
25.4%
2018
35%
2024
Agriculture, forestry, and fishing, % of GDP
28.7%
2018
8.69%
2024
GNI, Atlas method
$25.3B
2018
$39.9B
2024
GNI per capita, PPP
$3,020
2013
$5,870
2024
Total reserves including gold
$1.25B
2022
$485M
2024
Total reserves ranking
139/177
2022
157/177
2024
Net foreign direct investment
$15.4M
2015
-$465M
2024
Net inflows of foreign direct investment
-$371M
2019
$465M
2024
Net outflows of foreign direct investment
$0
2024
$131M
2024
Servicing debt to the IMF, % of GNI
0.53%
2018
3.44%
2024
Poverty at national poverty lines
48.6%
2014
38.3%
2019
Gross capital formation, % of GDP
6.18%
2018
8.85%
2024

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/yemen/zimbabwe | CC BY

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Data sources:

  1. World Bank | Economy & Growth (1960–2024, retrieved 2026-04-06)
  2. International Monetary Fund (IMF) | Fiscal Monitor (1990–2024, retrieved 2026-02-20)
  3. The Heritage Foundation | Economic Freedom Index (1995–2026, retrieved 2026-03-09)
  4. U.S. Census Bureau (1985–2024, retrieved 2026-02-08)
  5. International Monetary Fund (IMF) | Public Finances in Modern History (1990–1998, retrieved 2026-02-20)
  6. United Nations | World Population Prospects (2026, retrieved 2026-03-10)
  7. LivingCost (2026, retrieved 2025-10-14)
  8. TradeMap (2024, retrieved 2026-02-08)

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.