Yemen's GDP composition in 2024 highlights a diverse sectoral distribution. Mining, Manufacturing, and Utilities lead, contributing 26.9% to the GDP. The Services sector follows closely with 24.78%, while Wholesale, Retail Trade, Restaurants, and Hotels together make up 16.81%. Agriculture, Hunting, Forestry, and Fishing represent 15.41% of the GDP. Transport, Storage, and Communication account for 11.96%, and Construction holds the smallest share at 4.14%. Year-on-year evaluations and longer-term trends point to shifts in these sectors, reflecting socio-economic changes and external economic influences.
Future trends to watch in Yemen's GDP composition include:
-Potential growth in Services, driven by increased demand and digitization efforts.
-Continued reliance on Mining and Manufacturing due to resources, despite potential for diversification.
-Agriculture may see variable contributions due to climatic and geopolitical factors.
Top countries in GDP Composition by Sector
| # | 6 Countries | Percent | Last Year | |
|---|---|---|---|---|
| 1 | 1 Mining, Manufacturing, Utilities | 26.9 | 2016 | |
| 2 | 2 Services | 24.78 | 2016 | |
| 3 | 3 Wholesale, retail trade, restaurants and hotels | 16.81 | 2016 | |
| 4 | 4 Agriculture, hunting, forestry, fishing | 15.41 | 2016 | |
| 5 | 5 Transport, storage and communication | 11.96 | 2016 | |
| 6 | 6 Construction | 4.14 | 2016 |