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

Foreign Minister Arrives in Doha on Second Stop of Gulf Tour

Minister of Foreign Affairs and Expatriates Dr. Afrah al-Zouba arrived in the Qatari capital Doha on Friday, coming from Manama, the second stop of her Gulf tour.

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: ، 2026/08/28 Time 09:56:15
Latest News:

Yemen’s Deputy Foreign Minister for Political Affairs Discusses Bilateral Relations with Somali Counterpart

Yemen’s Ambassador Discusses Latest Developments in Yemen with US Assistant Secretary of State

President al-Alimi Offers Condolences Over Flood and Landslide Victims in Nepal

Al-Arada Highlights Yemen's Need For An Effective International Partnership To Manage Security, Economic ..

Taiz Governor Discusses Emergency Preparedness, Response Plan with International, Local Organizations

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.