Insurance and financial services (% of commercial service imports) in Yemen
Yemen: Insurance and financial services (% of commercial service imports) was 12.4% in 2016. ▲ Rising
Insurance and financial services in Yemen, 2005–2016
Source: Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in % of commercial service imports.
Analysis
The most recent figure for insurance and financial services in Yemen is 12.4%, measured in 2016.
That represents a change of down 9.8% on the previous year and up 66.0% over ten years.
Over the whole period, insurance and financial services in Yemen peaked at 13.8% in 2015 and was at its lowest, 7.5%, in 2006.
That places Yemen 33rd out of 197 countries with data for 2016, putting it in the top quarter.
The long-run direction has been consistently rising across the 12 years of available data.
Insurance and financial services (% of commercial service imports) in Yemen, year by year
| Year | % of commercial service imports | Change |
|---|---|---|
| 2005 | 9.1% | — |
| 2006 | 7.5% | -17.4% |
| 2007 | 9.4% | +25.6% |
| 2008 | 9.1% | -2.9% |
| 2009 | 8.7% | -5.0% |
| 2010 | 10.3% | +18.4% |
| 2011 | 10.3% | +0.3% |
| 2012 | 12.4% | +19.9% |
| 2013 | 12.2% | -1.0% |
| 2014 | 11.5% | -6.1% |
| 2015 | 13.8% | +19.9% |
| 2016 | 12.4% | -9.8% |
Yemen compared with similar countries
- Yemen's 12.4% is above the median for low income countries, which is 4.4%, 2.8× the median. (22 countries reporting)
- Yemen's 12.4% is above the median for Middle East, North Africa, Afghanistan & Pakistan, which is 6.7%, 1.9× the median. (22 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 8.8% | 7.5% | 9.4% | 5 |
| 2010s | 11.8% | 10.3% | 13.8% | 7 |
Countries ranked near Yemen
More private sector data for Yemen
- Merchandise trade 24.7% (2025)
- Food imports 44.0% (2024)
- Manufactures imports 40.8% (2024)
- Merchandise imports 4.65 billion current US$ (2025)
- Commercial service imports 1.45 billion current US$ (2016)
- Food exports 63.4% (2024)
- Manufactures exports 5.9% (2024)
- Merchandise exports 196.00 million current US$ (2025)
- Commercial service exports 308.66 million current US$ (2016)
- Merchandise exports (current US$), per capita 4.69 current US$ per person (2025)
Frequently asked questions
- What is insurance and financial services in Yemen?
- Insurance and financial services in Yemen was 12.4% in 2016, according to Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF).
- What is the highest insurance and financial services recorded in Yemen?
- The highest recorded value was 13.8% in 2015.
- What is the lowest insurance and financial services recorded in Yemen?
- The lowest recorded value was 7.5% in 2006.
- How does Yemen rank for insurance and financial services?
- Yemen ranks 33rd out of 197 countries with data for 2016.
- Is insurance and financial services rising or falling in Yemen?
- Over the last ten years it is up 66.0%. The long-run trend across the full record is rising.
- Where does this Yemen data come from?
- The figures come from Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF), published as part of Insurance and financial services (% of commercial service imports). Statizoid updates them automatically from the source API.
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About this data
Financial services covers services related to financial intermediation, financial risk management, liquidity transformation or auxiliary financial activities. It also includes insurance and pension scheme services which are services related to providing life insurance and annuities, non-life insurance, reinsurance, pensions, standardised guarantees and auxiliary services to insurance, pension schemes, and standardised guarantee schemes. This indicator is expressed as a percentage of service imports which are commercial services provided by non-residents to residents.