Browse a full set of economic indicators

Djibouti

Includes Djibouti real Gross Domestic Product growth rate, with latest forecasts and historical data, GDP per capita, GDP composition and breakdown by sector.

Browse additional economic indicators and data sets, selected by Global Finance editors, to learn more about Djibouti economic outlook, debt to GDP ratio, international trade performance and population trends. Rankings of Djibouti best banks and safest banks are also available.

Basic Information

Government Type: Presidential republic

Capital City: Djibouti

GDP & Economic Information

Macroeconomy & Sovereign Data

Central Bank Central Bank of Djibouti
Currency Djiboutian francs (DJF)
International Reserves USD 0.5 billion (2018)

International Monetary Fund (IMF), data retrieved October 2019
Gross Domestic Product – GDP USD 2.2 billion (2018, estimate)
GDP (Purchasing Power Parity) Intl$ 4.0 billion (2018, estimate)

GDP Data

Real GDP growth 2007: 5%
2008: 5.8%
2009: 1.6%
2010: 4.1%
2011: 7.3%
2012: 4.8%
2013: 5%
2014: 6%
2015: 6.5%
2016: 6.5%
2017: 6.7%
2018*: 6.7%
*Estimate
GDP per capita – current prices USD 2,084.9 (2018, estimate)
GDP per capita – PPP Intl$ 3,785.8 (2018, estimate)
GDP (PPP) – share of world total 1980: N/A
1990: N/A
2000: 0%
2010: 0%
2019*: 0.003%
*Estimate
GDP – composition by sector agriculture: 2.3%
industry: 15.9%
services: 71.7%
(2018 estimate)
Gross domestic expenditure on R&D; (% of GDP) N/A
Inflation 2015: -0.8%
2016: 2.7%
2017: 0.6%
2018*: 0.1%
2019*: 2.2%
*Estimate

Inflation & Debt

Inflation 2015: -0.8%
2016: 2.7%
2017: 0.6%
2018*: 0.1%
2019*: 2.2%
*Estimate
Government Bond Ratings Standard & Poor’s: N/A

Moody’s: N/A

Standard & Poor’s / Moody’s
Unemployment rate N/A
Household saving rates N/A
Public debt (General government gross debt as a % of GDP) 2015: 39.9%
2016: 45.7%
2017: 47.9%
2018*: 48%
2019*: 47.4%
*Estimate
Public deficit (General government net lending/borrowing as a % of GDP) 2015: -15.3%
2016: -8.3%
2017: -4.5%
2018*: -2.9%
2019*: -1.5%
*Estimate
Market value of publicly traded shares N/A
Largest Companies N/A

Import/Export

Exports as percent of GDP (Exports of goods and services) 34.6% (2018)
Shares in world total merchandising export 0.001% (2018)
Shares in world total commercial services export 0.004% (2018)
Total exports USD 603.1 million (2018 estimate)
Export commodities Reexports, hides and skins, scrap metal
Total imports USD 1.0 billion (2018 estimate)
Import commodities Foods, beverages, transport equipment, chemicals, petroleum products, clothing

Exports – major partners Ethiopia 38.8%, Somalia 17.1%, Qatar 9.1%, Brazil 8.9%, Yemen 4.9%, US 4.6% (2017)

Imports – major partners UAE 25%, France 15.2%, Saudi Arabia 11%, China 9.6%, Ethiopia 6.8%, Yemen 4.6% (2017)

Competitiveness & Trade

Current account balance USD 0.4 billion (2018 estimate)
Current account balance by percentage of GDP
15.1 % (2018 estimate)
FDI inflows 2016: USD 160 million
2017: USD 165 million
2018: USD 265 million
FDI Outflows N/A
Value of cross-border M&A, by country of purchaser N/A


United Nations Conference on Trade and Development (UNCTAD) – World Investment Report
Cross-border M&A deals worth over $3 billion completed in 2014 N/A
Cross-border M&A deals worth over $3 billion completed in 2015 N/A
Best countries for doing business Economies are ranked on their ease of doing business. A high ease of doing business ranking means the regulatory environment is more conducive to the starting and operation of a local firm.

Overall ranking:

112 out of 190 countries

​Subcategories:
Starting a Business: 123 out of 190 countries
Dealing with Construction Permits: 87 out of 190 countries
Getting Electricity: 121 out of 190 countries
Registering Property: 117 out of 190 countries
Getting Credit: 132 out of 190 countries
Protecting Minority Investors: 103 out of 190 countries
Paying Taxes: 133 out of 190 countries
Trading across Borders: 147 out of 190 countries
Enforcing Contracts: 144 out of 190 countries
Resolving Insolvency: 44 out of 190 countries
Global competitiveness ranking N/A
Index of Economic Freedom Ranking: 169 / Score: 47.1 (Repressed)

(100=totally free 0=totally repressed)

Population & Geographic Data

Time Zone UTC+3

Total Area 23,200 sq km

Total Population 1990: N/A
2000: 0.64 million
2010: 0.84 million
2015: 0.97 million
2020*: 1.11 million
*Estimate
Urban population as % of total population 1960: 50.3%
1980: 72.1%
2000: 76.5%
2018: 77.8%
Population median age 24.2 years
Population growth rate 2.13% (2018 estimate)
Life expectancy 64 years (2018 estimate)
% of population living on less than $3.10 a day 40.2% (last available estimate, 2017)
Inequality of wealth distribution (Gini index) 41.6 (last available estimate, 2017)

(0=perfect equality, 100=absolute inequality)
Freedom House rating Not Free
Political Rights: 6
Civil Liberties: 5 (2019)
(1 represents the most free, 7 the least free rating)
Total telephone subscribers as % of population Fixed: 3.8%

Mobile: 41.2%

(2018)

(fixed-telephone subscribers and mobile-cellular subscribers)
Internet users as % of total population 55.68 % (2017)

Language & Religon

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

Literacy Not Free
Political Rights: 6
Civil Liberties: 5 (2019)
(1 represents the most free, 7 the least free rating)
Religions Sunni Muslim 94% (nearly all Djiboutians), Christian 6% (mainly foreign-born residents)

World Rankings

Population 1.11 M
Mercer Cost of living index Djibouti: 59th (2019)

C02 Emissions per capita 0.8 metric tons per capita (2014)

Global Finance Rankings & Awards: Djibouti

Global Finance Magazine holds several conferences and awards ceremonies throughout the year to recognize the winning financial institutions and companies in a host of categories including World’s Best Trade Finance Banks, World's Biggest Banks, World's Safest Banks, World's Best Developed & Emerging Markets Banks, World's Best Internet Banks, and World’s Best Investment Banks.


Data Sources:

IMF World Economic Outlook

UN World Population Prospects

World Inequality Report

S&P Global Ratings

Moody’s

Fitch Ratings

IMF Direction of Trade Statistics (DOTS)

UN Conference on Trade and Development (UNCTAD)

CIA The World Factbook

World Bank’s World Integrated Trade Solution

Forbes Global 2000

arrow-chevron-right-redarrow-chevron-rightbutton-arrow-left-greybutton-arrow-left-red-400button-arrow-left-red-500button-arrow-left-red-600button-arrow-left-whitebutton-arrow-right-greybutton-arrow-right-red-400button-arrow-right-red-500button-arrow-right-red-600button-arrow-right-whitecaret-downcaret-rightclosecloseemailfacebook-square-holdfacebookhamburger-newhamburgerinstagramlinkedin-square-1linkedinpauseplaysearch-outlinesearchsubscribe-digitalsubscribe-printtwitter-square-holdtwitteryoutube