Djibouti Aiming High
Frontier Markets Report
Djibouti is a small country with ambitious plans, which it hopes to achieve by attracting large amounts of foreign direct investment.
Djibouti GDP and Economic Data
Country Report 2017 - 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.
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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)
Real GDP growth
| 2007 | 2008 | 2009 | 2010 | 2011 | 2012 | 2013 |
| 5% | 5.8% | 1.6% | 4.1% | 7.3% | 4.8% | 5% |
| 2014 | 2015 | 2016 | 2017 | 2018* | ||
| 6% | 6.5% | 6.5% | 6.7% | 6.7% |
*Estimate
GDP (PPP) - share of world total
| 1980 | 1990 | 2000 | 2010 | 2019* |
| N/A | N/A | 0% | 0% | 0.003% |
*Estimate
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GDP - composition by sector
- agriculture: 2.3%
- industry: 15.9%
- services: 71.7%
(2018 estimate)
Inflation
| 2015 | 2016 | 2017 | 2018* | 2019* |
| -0.8% | 2.7% | 0.6% |
0.1% |
2.2% |
*Estimate
Unemployment rate
| 2015 | 2016 | 2017 | 2018 | 2019 |
| N/A | N/A | N/A | N/A | N/A |
*Estimate
Public debt (General government gross debt as a % of GDP)
| 2015 | 2016 | 2017 | 2018* | 2019* |
| 39.9% | 45.7% | 47.9% | 48% | 47.4% |
*Estimate
Public deficit (General government net lending/borrowing as a % of GDP)
| 2015 | 2016 | 2017 | 2018* | 2019* |
| -15.3% | -8.3% | -4.5% | -2.9% | -1.5% |
*Estimate
Government bond ratings
Standard & Poor's: N/A
Moody's: N/A
Standard & Poor's / Moody's
Source
Market value of publicly traded shares
| 2016 | 2017 | 2018 |
| N/A | N/A | N/A |
Source
Current account balance by percentage of GDP
15.1 % (2018 estimate)
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)
Export commodities
Reexports, hides and skins, scrap metal
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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)
FDI inflows
| 2016 | 2017 | 2018 |
| USD 160 million | USD 165 million | USD 265 million |
FDI outflows
| 2016 | 2017 | 2018 |
| N/A | N/A | N/A |
Value of cross-border M&A, by country of purchaser
| 2015 | 2016 | 2017 | 2018 |
| N/A | N/A | N/A | N/A |
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
Source
Index of Economic Freedom
Ranking: 169 / Score: 47.1 (Repressed)
(100=totally free 0=totally repressed)
Source
Source
Religions
Sunni Muslim 94% (nearly all Djiboutians), Christian 6% (mainly foreign-born residents)
Total population
| 1990 | 2000 | 2010 | 2015 | 2020* |
| N/A | 0.64 million | 0.84 million | 0.97 million | 1.11 million |
*Estimate
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Urban population as % of total population
| 1960 | 1980 | 2000 | 2018 |
| 50.3% | 72.1% | 76.5% | 77.8% |
% 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)
Source
Freedom House rating
Not Free
Political Rights: 6
Civil Liberties: 5 (2019)
(1 represents the most free, 7 the least free rating)
Source
Total telephone subscribers as % of population
Fixed: 3.8%
Mobile: 41.2%
(2018)
(fixed-telephone subscribers and mobile-cellular subscribers)