Using Exploratory Factor Analysis to Extract the Key Determinants of Yemen's GDP (2000 – 2020)
DOI:
https://doi.org/10.59325/sjas.v9i2.338Keywords:
Exploratory Factor Analysis, GDP, Yemen, World Bank, Governance, Financial FragilityAbstract
This study applies Exploratory Factor Analysis (EFA) to identify the principal latent factors influencing Yemen's GDP over 2000–2020 using World Bank (WDI) data. Twenty macroeconomic, socioeconomic, and institutional indicators were analysed. Following Varimax rotation, three factors were extracted explaining 93.70% of total variance: (1) Macroeconomic Integration and Governance, (2) Financial Fragility and Economic Performance, and (3) Infrastructure and Human Capital. Data adequacy was confirmed by KMO = 0.533 and Bartlett's test χ²(190) = 1108.04 (p < 0.001). Findings offer actionable insights for policymakers and a methodological basis for Yemen's economic recovery programmes.
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Published
2026-09-03
How to Cite
Al-Selwi, F. M. A., & Al-Ansari, A. A. M. (2026). Using Exploratory Factor Analysis to Extract the Key Determinants of Yemen’s GDP (2000 – 2020). Al Saeed University Journal of Applied Sciences, 9(2), 219–244. https://doi.org/10.59325/sjas.v9i2.338
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