ESCWA: Yemen's GDP suffered 50% contraction since Houthi militia coup

Foreign Minister Calls ON UNHCHR To Move Quickly To Protect Civilians, Document Houthi Violations

The Minister of Foreign Affairs and Expatriate Affairs Dr. Afrah al-Zouba called on the UN High Commissioner for Human Rights (UNHCHR) Volker Turk and the Human Rights Council to take urgent action regarding the humanitarian repercussions and violations resulting from the military escalation by the Houthi terrorist militias, amid the rapidly unfolding developments on the western coast and the Bab al-Mandeb areas.

Second Day of International Media Forum on Islamic Civilization Kicks Off in Tashkent

The second day of the International Media Forum “Islamic Civilization: A New Perspective – New Discoveries” commenced today, Wednesday, at the Center for Islamic Civilization in the Uzbek capital, Tashkent.

German Exports Rise 3.9 Percent

The total of German exports increased by 3.9 percent during the first half of 2026 compared to the same period last year, reaching 817.8 billion euros.

Al Nassr Beat Al Fateh 3-0 in Saudi Football League

Al Nassr defeated Al Fateh 3-0 in the opening round of the Saudi Pro League, known as the Roshn Saudi League.

Last Update: ، 2026/09/13 Time 04:02:44
Latest News:

Council of Ministers Takes Practical Measures To Respond to Houthi Escalation Implications

Yemeni Rights Network Documents 958 Houthi Violations in Nine Days

Yemen Ambassador, EU Official Discuss Houthi Escalation, Maritime Security

Yemen Ambassador Discusses Relations, Developments with Cuba’s Acting Foreign Minister

Foreign Minister: Empowering State To Protect Its Sovereignty, Coasts Cornerstone For Bab al-Mandeb ..

ESCWA: Yemen's GDP suffered 50% contraction since Houthi militia coup

[20/12/2021 05:08]

RIYADH - SABA
Yemen's real Gross Domestic Production (GDP) has alarmingly contracted since Iran-backed Houthi militia carried out its coup d'état against the official government in 2021.

The country's GDP has suffered 50% contraction during the time 2014-2020, according to report by the United Nations Economic and Social Commission for Western Asia (ESCWA).

The report issued today by the ESCWA in partnership with the Saudi Program for Development and Reconstruction in Yemen (SPDRY) titled" Least Developing Arab Countries: Challenges, Development Prospects".

The report stated that the economic situation in Yemen, Sudan, Somalia and Mauritania has seriously exacerbated and growth prospects further declined in 2020 due to coronavirus pandemic and instability, the war also has caused the displacement of large number of the population who have become in dire need for aid.