Djibouti GDP Data & Country Report

Djibouti Country Report: GDP data and GDP forecasts; economic, financial and trade information; the best banks in Djibouti; country and population overview

DATA ON GDP AND ECONOMIC INFORMATION

Central bank

N/A

International Reserves

US$ 248.998 million (Source: World Bank; Data updated: November 2010)

Gross Domestic Product - GDP

US$ 1.25 billion (1999 estimate)

GDP (Purchasing Power Parity)

2.23 billion of International dollars (1999 estimate)

Real GDP growth

2000	2001	2002	2003	2004	2005	2006	2007
0.5%	2%	2.6%	3.2%	3%	3.2%	4.8%	5.1%
2008	2009	2010	2011*
5.8%	5%	4.5%	4.8%

*Estimate

GDP per capita - current prices

US$ 1,479 (2010 estimate)

GDP per capita - PPP

$2,640 International Dollars (2010 estimate)

GDP (PPP) - share of world total

1980	1990	2000	2010	2015**
N/A	N/A	0%	0%	0%

**Forecast

GDP - composition by sector

agriculture: 3.2%
industry: 16.6%
services: 80.1% (2011 estimate)

(Data released on February 2012)

Gross domestic expenditure on R&D (% of GDP)

N/A

(Data released on November 2010)

Inflation

2008	2009	2010	2011*
12%(2008)	1.7%	4%	4.6%

*Estimate

Unemployment rate

2008	2009	2010	2011*
N/A	N/A	N/A(2009)	N/A

*Estimate

Household saving rates

N/A

(Data released on November 2010)

Public debt (General government gross debt as a % of GDP)

2007	2008	2009	2010	2011*
63.6%	60.2%	59.7%	58.3%	57.2%

*Estimate

Public deficit (General government net lending/borrowing as a % of GDP)

2007	2008	2009	2010*	2011**
-2.6%	1.3%	-4.9%	-0.5%	0%

*Estimate **Forecast

Government bond ratings

Standard & Poor's: N/A

Moody's rating: N/A

Moody's outlook: N/A

(Foreign Currency Government Bond Ratings; Data last updated Nov 2010)

Market value of publicly traded shares

2007	2008	2009
N/A	N/A	N/A

Largest companies in Djibouti

N/A

DATA ON TRADE AND COMPETITIVENESS

Current account balance

US$ -0.2 billion (2010 estimate)(After 2008)

Current account balance by percentage of GDP

-15.4% of GDP (1999 estimate)(2009)

Exports as percent of GDP

(Exports of goods and services)

57.1% (2007)

(Data released on December 2010)

Shares in world total merchandising export

0%(2007)

(Data were released in Nov 2011 and refer to 2010)

Shares in world total commercial services export

0%(2007)

(Data were released in Nov 2011 and refer to 2010)

Total exports

N/A

Export commodities

reexports, hides and skins, coffee (in transit)

Total imports

US$1.555 billion f.o.b. (2006)

Import commodities

foods, beverages, transport equipment, chemicals, petroleum products

Exports - major partners

Somalia 66.4%, Ethiopia 21.5%, Yemen 3.4% (2007)

Imports - major partners

Saudi Arabia 21%, India 18.1%, China 9.4%, Ethiopia 4.7%, Malaysia 4.6%, Japan 4.2% (2007)

FDI inflows

2008	2009	2010
US$229 million	US$100 million(2009)	US$27 million(2009)

FDI outflows

2008	2009	2010
N/A	N/A	N/A

Value of cross-border M&A, by country of purchaser

2008	2009	2010	2011
N/A	N/A(2009)	N/A(2009)	N/A

Cross-border M&A deals worth over $3 billion completed in 2008

(Acquiring company, Acquired company, Country of the acquired company, Value of the deal)

N/A

(for a monthly update on M&A click here )

Cross-border M&A deals worth over $3 billion completed in 2010

(Acquiring company, Acquired company, Country of the acquired company, Value of the deal)

N/A(2008 estimate)

(for a monthly update on M&A click here )

Best countries for doing business

World Bank/IFC Doing Business Project

(Economies are ranked on their ease of doing business, from 1 – 183. A high ranking means the regulatory environment is more conducive to the starting and operation of a local firm.)

Overall ranking: 158 out of 183 countries(2009) (2010)

Subcategories:

Starting a business: 175 out of 183 countries(2009)

Registering property: 140 out of 183 countries

Paying Taxes: 60 out of 183 countries

Getting credit: 176 out of 183 countries

Protecting investors: 179 out of 183 countries

Trading across border: 38 out of 183 countries

Enforcing Contracts: 160 out of 183 countries

(2010)

Global competitiveness ranking
(ranking by country on a basis of 142, the first is the best)

N/A

(2011/2012)

Index of Economic Freedom

WSJ and Heritage Foundation

Ranking: 125 Score: 54.5 (Mostly Unfree) (2009)

(100=totally free 0=totally repressed )

COUNTRY AND POPULATION OVERVIEW

Time zone

UTC+3

Total area

23,200 km² (2006)

Capital

Djibouti (2009)

Currency

Djiboutian francs (DJF) (2009)

Government type

republic (2009)

Languages

French (official), Arabic (official), Somali, Afar

Religions

Muslim 94%, Christian 6%

Total population

1980	1990	2000	2010*	2015**
N/A	N/A	0.67 million	0.82 million	0.93 million

*Estimate **Forecast

Urban population as % of total population

1960	1980	2000	2009
50.3%	72.1%	83.3%	87.7%

Population median age

20.0 years (2006)

Population growth rate

1.7% (2009)

Life expectancy

55 years (2007)

Adult literacy

N/A

% of population living on less than $2 a day

41.2% (2011)

Inequality of wealth distribution (Gini index)

40 (2002)

(0=perfect equality, 100=absolute inequality)

Freedom House rating

Political Rights:6
Civil Liberties:5 (2010)

(1 represents the most free, 7 the least free)

Total telephone subscribers as % of population

20.71% (2010)

(sum of fixed telephone lines and mobile cellular subscribers)

Internet users as % of total population

6.5% (Data were released in 2011 and refer to 2010)

Cost of living index

(ranking by city on a basis of 214; the 1st is the most expensive and the 214th is the least expensive)

Djibouti: 39th (2011)

CO2 emissions
(Metric tons of CO2 per capita)

0.617 (2008)

GLOBAL FINANCE RANKINGS AND AWARDS

WORLD'S BEST EMERGING MARKET BANKS

2012:

COUNTRY WINNERS International Commercial Bank (Djibouti) (National, 2012)

ARTICLES AND COUNTRIES REPORTS FROM GLOBAL FINANCE ARCHIVE

Djibouti GDP Data & Country Report | Global Finance

WORLD'S BEST EMERGING MARKET BANKS

2012: