Countries Djibouti
Djibouti

Djibouti

Africa GEC: DJ ISO: DJ

Key Economic Indicators

GDP (PPP)
$9.13 billion
GDP Per Capita
$7,810
GDP Growth Rate
6.98%
Inflation Rate
2.08%
Unemployment
26.02%
GDP (Nominal)
$4.086 billion (2024 est.)
Public Debt
33.7% of GDP (2016 est.)
Current Account
$610.12 million

Economic Overview

food import-dependent Horn of Africa economy driven by various national military bases and port-based trade; fairly resilient from COVID-19 disruptions; major re-exporter; increasing Ethiopian and Chinese trade relations; investing in infrastructure

All Economic Data

Agricultural products
vegetables, beans, milk, beef, camel milk, lemons/limes, goat meat, lamb/mutton, tomatoes, beef offal (2023)
note: <b>note:</b> top ten agricultural products based on tonnage
Budget
Expenditures: $754 million (2019 est.)
Revenues: $725 million (2019 est.)
Currency
code: DJF
name: Djiboutian franc (DJF) [Fr]
Current account balance
$610.12 million
Current account balance 2022: $656.207 million (2022 est.)
Current account balance 2023: $721.349 million (2023 est.)
Current account balance 2024: $610.124 million (2024 est.)
Note: <b>note:</b> balance of payments - net trade and primary/secondary income in current dollars
Debt - external
$3.46 billion
Debt - external 2023: $2.531 billion (2023 est.)
Note: <b>note:</b> present value of external debt in current US dollars
Exchange rates
Currency: Djiboutian francs (DJF) per US dollar -
Exchange rates 2020: 177.721 (2020 est.)
Exchange rates 2021: 177.721 (2021 est.)
Exchange rates 2022: 177.721 (2022 est.)
Exchange rates 2023: 177.721 (2023 est.)
Exchange rates 2024: 177.721 (2024 est.)
Exports
$5.25 billion
Exports 2022: $5.674 billion (2022 est.)
Exports 2023: $5.877 billion (2023 est.)
Exports 2024: $5.25 billion (2024 est.)
Note: <b>note:</b> balance of payments - exports of goods and services in current dollars
Exports - commodities
raw sugar, seed oils, cars, palm oil, rice (2023)
note: <b>note:</b> top five export commodities based on value in dollars
Exports - partners
Ethiopia 77%, UAE 5%, China 3%, Singapore 2%, France 2% (2023)
note: <b>note:</b> top five export partners based on percentage share of exports
Foreign direct investment
net inflows: $67.82 million
GDP - composition, by end use
Exports of goods and services: 160.8% (2024 est.)
Government consumption: 18.8% (2024 est.)
Household consumption: 73% (2024 est.)
Imports of goods and services: -148.3% (2024 est.)
Investment in fixed capital: 26.3% (2024 est.)
Investment in inventories: -30.1% (2024 est.)
Note: <strong>note:</strong> figures may not total 100% due to rounding or gaps in data collection
GDP - composition, by sector of origin
Agriculture: 2.6% (2024 est.)
Industry: 15.4% (2024 est.)
Note: <b>note:</b> figures may not total 100% due to non-allocated consumption not captured in sector-reported data
Services: 75.5% (2024 est.)
GDP (official exchange rate)
$4.086 billion (2024 est.)
note: <b>note:</b> data in current dollars at official exchange rate
GDP per capita (nominal)
$3,553
Gini Index coefficient - distribution of family income
41.6 (2017)
Gini Index coefficient - distribution of family income 2017: 41.6 (2017 est.)
Note: <b>note:</b> index (0-100) of income distribution; higher values represent greater inequality
GNI (gross national income)
$4.27 billion
GNI per capita
$3,640
Gross domestic investment
0 % of GDP
Household income or consumption by percentage share
Highest 10%: 32.3% (2017 est.)
Lowest 10%: 1.9% (2017 est.)
Note: <b>note:</b> % share of income accruing to lowest and highest 10% of population
Imports
$4.77 billion
Imports 2022: $5.096 billion (2022 est.)
Imports 2023: $5.269 billion (2023 est.)
Imports 2024: $4.765 billion (2024 est.)
Note: <b>note:</b> balance of payments - imports of goods and services in current dollars
Imports - commodities
refined petroleum, palm oil, fertilizers, cars, seed oils (2023)
note: <b>note:</b> top five import commodities based on value in dollars
Imports - partners
China 32%, India 12%, UAE 10%, Turkey 6%, Morocco 5% (2023)
note: <b>note:</b> top five import partners based on percentage share of imports
Industrial production growth rate
9.7% (2024 est.)
note: <b>note:</b> annual % change in industrial value added based on constant local currency
Industries
construction, agricultural processing, shipping
Inflation rate (consumer prices)
2.08%
Inflation rate (consumer prices) 2022: 5.2% (2022 est.)
Inflation rate (consumer prices) 2023: 1.5% (2023 est.)
Inflation rate (consumer prices) 2024: 2.1% (2024 est.)
Note: <b>note:</b> annual % change based on consumer prices
Labor force
265,200 (2024 est.)
note: <b>note:</b> number of people ages 15 or older who are employed or seeking work
total: 267,610 persons
Labor force - by occupation
agriculture: 1.15%
industry: 6.68%
services: 92.17%
Population below poverty line
21.1% (2017 est.)
note: <b>note:</b> % of population with income below national poverty line
Public debt
Public debt 2016: 33.7% of GDP (2016 est.)
Real GDP (purchasing power parity)
$9.13 billion
Note: <b>note:</b> data in 2021 dollars
Real GDP (purchasing power parity) 2022: $7.028 billion (2022 est.)
Real GDP (purchasing power parity) 2023: $7.546 billion (2023 est.)
Real GDP (purchasing power parity) 2024: $7.995 billion (2024 est.)
Real GDP growth rate
6.98%
Note: <b>note:</b> annual GDP % growth based on constant local currency
Real GDP growth rate 2022: 5.2% (2022 est.)
Real GDP growth rate 2023: 7.4% (2023 est.)
Real GDP growth rate 2024: 6% (2024 est.)
Real GDP per capita
$7,810
Note: <b>note:</b> data in 2021 dollars
Real GDP per capita 2022: $6,200 (2022 est.)
Real GDP per capita 2023: $6,500 (2023 est.)
Real GDP per capita 2024: $6,800 (2024 est.)
Remittances
$56 million
Note: <b>note:</b> personal transfers and compensation between resident and non-resident individuals/households/entities
Remittances 2022: 1.6% of GDP (2022 est.)
Remittances 2023: 1.5% of GDP (2023 est.)
Remittances 2024: 1.4% of GDP (2024 est.)
Reserves of foreign exchange and gold
$348.73 million
Note: <b>note:</b> holdings of gold (year-end prices)/foreign exchange/special drawing rights in current dollars
Reserves of foreign exchange and gold 2022: $589.437 million (2022 est.)
Reserves of foreign exchange and gold 2023: $502.034 million (2023 est.)
Reserves of foreign exchange and gold 2024: $348.725 million (2024 est.)
Unemployment rate
26.02%
Note: <b>note:</b> % of labor force seeking employment
Unemployment rate 2022: 26.4% (2022 est.)
Unemployment rate 2023: 26.2% (2023 est.)
Unemployment rate 2024: 25.9% (2024 est.)
Youth unemployment rate (ages 15-24)
Female: 77.9% (2024 est.)
Male: 75.3% (2024 est.)
Note: <b>note:</b> % of labor force ages 15-24 seeking employment
Total: 76.3% (2024 est.)

World Bank Indicators

Currency
Djiboutian franc (DJF) Fr (2025)
Gini Index
41.60 (2017)
Languages
Arabic, French (2025)
Map of Djibouti

Economic Rankings

Unemployment Rate #3
GDP Growth Rate #40
Gini Index #55
External Debt #94
Exports #135
GDP per Capita #139
Imports #150
Reserves #155
Inflation Rate #160
GDP (Nominal) #163
GDP (PPP) #164

Quick Facts

Industries
construction, agricultural processing, shipping
Agricultural products
vegetables, beans, milk, beef, camel milk, lemons/limes, goat meat, lamb/mutton, tomatoes, beef offal (2023)
Labor force
265,200 (2024 est.)
Exports - partners
Ethiopia 77%, UAE 5%, China 3%, Singapore 2%, France 2% (2023)
Imports - partners
China 32%, India 12%, UAE 10%, Turkey 6%, Morocco 5% (2023)
Exchange rates
Djiboutian francs (DJF) per US dollar -

Our Partners

Trusted partner applications powering global data and insights