Djibouti: Economy

Economic Trivia

Due to its strategic location, Djibouti serves as a major transit port and refueling center in the Horn of Africa.

Trade Source: United Nations Comtrade
Note: Top 3 trade partners are calculated by imports + exports.

Top 3 Trade Partners: Data unavailable
Top 3 Exported Goods (2009): Motor Vehicles & Parts, Industrial Machinery, and Rubber

Top Industries Source: CIA World Factbook

Construction; Agricultural Processing

Gross Domestic Product (GDP) Source: The World Bank

GDP, PPP (current international) $2,865,449,041 (2014)
GDP Growth Rate (annual %) 6% (2014)
GDP Per Capita, PPP (current international) $3,270 (2014)
Click on a row to display its 5-year graph on the right.

GDP Country Rank 170/193 (2014)

Economic Indicators Source: The World Bank

Inflation, consumer prices (annual %) 2.887% (2014)
External debt stocks, total (DOD, current US$) $832,837,000 (2013)
Total tax rate (% of commercial profits) 37.6% (2015)
Real Interest Rate (5 year average %) 9.478% (2014)
Manufacturing, value added (% of GDP) 2.45% (2007)
Current Account Balance (BoP, current US$) ($308,528,536) (2013)
Click on a row to display its 5-year graph on the right.

Labor and Employment Source: The World Bank

Labor Force, Total 307,005 (2014)
Employment in Agriculture (% of total employment) Data unavailable
Employment in Industry (% of total employment) Data unavailable
Employment in Services (% of total employment) Data unavailable
Unemployment Rate 59.5% (2002)
Click on a row to display its 5-year graph on the right.
Imports of goods and services (current US$) $654,165,799 (2007)
Exports of goods and services (current US$) $484,062,097 (2007)
Total Merchandise Trade (% of GDP) 69.776% (2014)
FDI, net inflows (BoP, current US$) $152,998,239 (2014)
Commercial Service Exports (current US$) $168,820,792 (2013)
Click on a row to display its 5-year graph on the right.

How to interpret the graph: The purpose of this graph is to take a snapshot of a country’s economy in comparison to other economies. For example, Djibouti’s Exports rank is higher than (please wait...) of the countries in the dataset. For Exports, FDI and GDP measures, a higher rank (closer to 100%) indicates a stronger economy. Conversely, for Unemployment and Inflation, a lower rank (closer to 0%) indicates a stronger economy.

Due to unavailable data the following indicators have been omitted:
  • Exports
  • FDI, net inflows
  • GDP Growth Rate
  • GDP Per Capita
  • Inflation
  • Unemployment

Glossary