"Policy makers need timely, accurate and targeted information on economic trends and risks to support policies and measures that
de-escalate the economic conflict, stabilize the currency, support economic recovery and avoid measures which exacerbate the already dire economic and humanitarian situation".
NARRATIVE & KEY FIGURES
The decline of Yemen’s economy due to conflict has had a major impact on people’s well-being. Since the recent conflict in 2015, food prices have doubled and the cost of basic living, measured by the Survival Minimum Expenditure basket has increased fourfold. Food is available in markets, but fewer and fewer Yemenis are able to afford it. As a result, 24.1 million Yemenis, 80% of the population are in need of humanitarian assistance.
Yemen is almost entirely reliant on imports, accounting for more than 90% of food items. As a result, any shocks to Yemen’s economy are passed on almost directly to consumers as higher prices. Given the already dire food security situation, Yemenis are not able to absorb further shocks. Economic competition between the north and south has impacted heavily on prices, particularly for fuel.
24.1 million of the population are
in need of humanitarian assistance
17 million of the population rely
on food assistance
DAILY UPDATED DATA VISUALISATION
The YETI Dashboard is separated into 3 sections
Daily exchange rate tracker
Regional commodities comparison
ACAPS events Monitoring
Access the datasets behind YETI
We brought all components of the YETI project together. Click the button below to access it all.
The Yemen Economic Tracking Initiative (YETI) aims to provide a platform to track key economic trends, developments, and risks to support economic policymaking for Yemen. This dashboard and dataset bring together data from a range of sources to provide a greater overall and comparative understanding of the current political-economic situation in Yemen.
This includes a mix of quantitative and qualitative data. Qualitative data is collected by ACAPS through daily media monitoring, secondary data review, thematic products, and discussions with experts in Yemen and the region. Quantitative data is collected through publicly available sites including telegram, WFPVAM, hum data, World Bank, etc.
When analysing and interpreting the data from the dashboard, please be aware that while we aim to include various admin-level data but some data is only available on a governorate and country level. There are major impediments to collecting information including methodological limitations.
ACAPS cannot guarantee the reliability and accuracy of data so we strongly recommend users analyse the main source indicated in the dashboard and dataset and interpret the data accordingly. In terms of qualitative information provided in the monitoring, ACAPS does not bear any responsibility for the words, language, and other information provided in that section.