World Bank: Yemen's economy stays under severe strain

The Spring 2026 Yemen Economic Monitor, published by the World Bank on 21 May 2026 under the title "Pushing Against the Tide", finds real GDP fell 1.5% in 2025 and projects a further 0.5% contraction in 2026.

Oil exports remain blocked, and activity across sectors continues to be held back by a difficult business environment, limited access to finance and weak domestic demand.

Fiscally, funding for the UN Response Plan fell to 28% of needs from 56.5% in 2024, and public revenues declined to 5.6% of GDP as external grants shrank.