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.

Data unavailable

Top Industries Source: CIA World Factbook

Construction; Agricultural Processing

Gross Domestic Product (GDP) [1]

GDP, PPP (current international) $3,100,252,971 (2015)
GDP Growth Rate (annual %) 6.501% (2015)
GDP Per Capita, PPP (current international) $3,343 (2015)
Click on a row to display its 5-year graph on the right.

GDP Country Rank 171/195 (2015)

GDP Composition %

Note: GDP composition percentage may exceed 100. Manufacturing is included in the Industry figures and is also reported separately because it plays a critical role in many economies.

Economic Indicators [1]

Inflation, consumer prices (annual %) 2.738% (2016)
External debt stocks, total (DOD, current US$) $1,706,359,000 (2016)
Total tax rate (% of commercial profits) 37.7% (2017)
Real Interest Rate (5 year average %) 9.245% (2015)
Manufacturing, value added (% of GDP) 2.45% (2007)
Current Account Balance (BoP, current US$) ($170,031,510) (2016)
Click on a row to display its 5-year graph on the right.

Labor and Employment [1]

Labor Force, Total 388,764 (2017)
Employment in Agriculture (% of total employment) 29.786% (2017)
Employment in Industry (% of total employment) 29.672% (2017)
Employment in Services (% of total employment) 40.542% (2017)
Unemployment Rate 5.81% (2017)
Click on a row to display its 5-year graph on the right.

Trade [1]

Imports of goods and services (current US$) $654,165,799 (2007)
Exports of goods and services (current US$) $484,062,097 (2007)
Total Merchandise Trade (% of GDP) 70.291% (2015)
FDI, net inflows (BoP, current US$) $159,998,875 (2016)
Commercial Service Exports (current US$) $183,856,628 (2016)
Click on a row to display its 5-year graph on the right.

Economic Snapshot [1]

Note: Percentile ranks are calculated using the latest available data for all countries within the last 5 years.

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

Sources

  1. The World Bank