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

Yemen Ambassador Discusses Revitalizing Trade with Indonesia

Yemen's Ambassador to Indonesia, Salem Belfakih, met with Indonesian Deputy Minister of Trade, Dyah Roro Esti Widya Putri, to discuss boosting trade and economic cooperation and reactivating the joint committee.

Massive 7.0 Magnitude Earthquake Strikes Alaska, USA

A powerful 7.0 magnitude earthquake struck Alaska, USA, yesterday evening, according to the United States Geological Survey (USGS).

Japan's LNG imports down 1.4 percent

Japan's liquefied natural gas (LNG) imports fell 1.4 percent to 64.98 million tons last year 2025, compared to 2024. according to provisional data released by the Japanese Ministry of Finance today, Thursday.

Paris Saint-Germain temporarily tops the French league after their win against Auxerre

Paris Saint-Germain defeated Auxerre 1-0 in their Ligue 1 match on Matchday 19.

Last Update: ، 2026/01/27 Time 01:24:09
Latest News:

Yemen's Ambassador Discusses Bilateral Ties with Spanish Official

Vice Foreign Minister receives credentials of Greek Ambassador to Yemen

Road Fund Chairman Discusses Infrastructure Projects with UNOPS

Al-Ghaydha Airport Director Discusses Early Warning System Project with FAO Representative

Kuwait to Build Residential City for Displaced Persons in Marib

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.