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publication January 28, 2020

Yemen Monthly Economic Update- December 2019


During 2019 Yemen’s economy continued to suffer from protracted and spasmodic conflict. Early in the year, the economy was projected to grow at around 2 percent in 2019, underpinned by a gradual recovery in the oil sector, resumption of gas production, and relative macroeconomic stability. However, this scenario may not materialize given the prevailing economic and security conditions, especially in the latter half the year, which witnessed escalating conflicts and repeated disruptions to oil production and exports, resumption LNG exports, and supply of foreign exchange to import essential inputs. 

Yemen Monthly Economic Update- December 2019 (PDF format)