21, Nov 2009, CST. Welcome to the Djibouti economic statistics pages provided by the beta version of EconomyWatch.com’s Econ Stats database.
Economic Indicators For: Djibouti › Change country
National or Regional Currency: Dijbouti Franc, DJF
Year of data: 2008 › Change year
Number of Indicators Listed: 18
Full Dataset: From Year 1980 to 2013
Date of Last Update: 1 Sept 2009
Population: 516,055 (July 2009 est.)
Area: total: 23,000 sq km
land: 22,980 sq km
water: 20 sq km
Natural Resources: geothermal areas, gold, clay, granite, limestone, marble, salt, diatomite, gypsum, pumice, petroleum
Government Type: Djibouti government type
Government Ministers: Djibouti ministers
Capital: Djibouti
Data Sources: IMF, World Bank, UN, OECD, CIA World Factbook
its economy is based on service activities connected with the country's strategic location and status as a open or free trade (imports and exports) zone in the Horn of Africa. Two-thirds of Djibouti's inhabitants live in the capital city; the remainder are mostly nomadic herders. Scanty rainfall limits crop production to fruits and vegetables, and most food stuffs must be imported. Djibouti provides services as both a transit port for the region and an international transshipment and refueling center. Imports and exports from landlocked neighbour Ethiopia constitute 85 per cent of port activity at Djibouti's container terminal. Djibouti has few natural resources and little industry. The country is, therefore, heavily dependent on foreign aid to aid support its balance of payments and to finance development projects. An uneployment figures of nearly 60 per cent perpetuates to be a serious problem. While inflation rates is not a concern, due to the fixed tie of the Djiboutian franc to the USA dollar, the artificially high value of the Djiboutian franc adversely affects Djibouti's balance of payments. Per capita consumption dropped an estimated 35 per cent between 1999 and 2006 because of recession or slump, civil war, and a high general populace growth rate (including immigrants and refugees). Faced with a multitude of economic difficulties, the state has fallen in debts on long-term external public state debt and has been struggling to meet the stipulations of foreign aid donors.
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Djibouti Economy
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| For Djibouti in year 2008 | Indicator Value | |
|---|---|---|
| GDP Growth (Constant Prices, National Currency) | 5.784 % | |
| GDP (Current Prices, National Currency) | DJF 174.554 Billion. | |
| GDP (Current Prices, US Dollars) | US$ 0.982 Billion | |
| GDP Deflator | 192.771 (Index, Base Year as per country's accounts = 100) | |
| GDP Per Capita (Constant Prices, National Currency) | DJF 115,440.36 . | |
| GDP Per Capita (Current Prices, National Currency) | DJF 222,535.83 . | |
| GDP Per Capita (Current Prices, US Dollars) | US$ 1,252.16 | |
| Output Gap, Percent of Potential GDP | - | |
| GDP (PPP), US Dollars | US$ 1.877 Billion | |
| GDP Per Capita (PPP), US Dollars | US$ 2,392.39 | |
| GDP Share of World Total (PPP) | 0.003 % | |
| Implied PPP Conversion Rate | 93.018 | |
| Investment (% of GDP) | - | |
| Gross National Savings (% of GDP) | - | |
| Inflation, Average Consumer Prices (Indexed to Year 2000) | 135.005 (Index, Base Year 2000 = 100) | |
| Inflation (Average Consumer Price Change %) | 11.958 % | |
| Inflation, End of Year (Indexed to Year 2000) | 135.311 (Index, Base Year 2000 = 100) | |
| Inflation (End of Year Change %) | 11.958 % | |
| Six-month London Interbank Offered Rate (LIBOR) Change % | - | |
| Unemployment Rate (% of Labour Force) | - | |
| Employment | - | |
| Population | 0.784 Million | |
| General Government Balance (National Currency) | - | |
| General Government Balance (% of GDP) | - | |
| General Government Structural Balance (National Currency) | - | |
| General Government Structural Balance (% Potential GDP) | - | |
| General Government Net Debt (National Currency) | - | |
| General Government Net Debt (% GDP) | - | |
| General Government Gross Debt (National Currency) | - | |
| General Government Gross Debt (% GDP) | - | |
| Current Account Balance (US Dollars) | US$ -0.385 Billion | |
| Current Account Balance (% GDP) | -39.174 % |
GDP (Constant Prices, National Currency) for Djibouti in year 2008 is DJF 90.55 Billion. Real GDP is expressed in billions of national currency units; the base year is country-specific.
GDP Growth (Constant Prices, National Currency) for Djibouti in year 2008 is 5.784 %. Annual percentages of constant price GDP are year-on-year changes; the base year is country-specific.
GDP (Current Prices, National Currency) for Djibouti in year 2008 is DJF 174.554 Billion. GDP is expressed in billions of national currency units.
GDP (Current Prices, US Dollars) for Djibouti in year 2008 is US$ 0.982 Billion. Values are based upon GDP in national currency and the exchange rate projections provided by country economists for the group of other emerging market and developing countries. Exchanges rates for advanced economies are established in the WEO assumptions for each WEO exercise.
GDP Deflator for Djibouti in year 2008 is 192.771 (Index, Base Year as per country's accounts = 100). The GDP deflator is derived by dividing current price GDP by constant price GDP and is considered to be an alternate measure of inflation. Please note: Data are expressed in the base year of each country's national accounts.
GDP Per Capita (Constant Prices, National Currency) for Djibouti in year 2008 is DJF 115,440.36 . GDP is expressed in constant national currency per person. Data are derived by dividing constant price GDP by total population.
GDP Per Capita (Current Prices, National Currency) for Djibouti in year 2008 is DJF 222,535.83 . GDP is expressed in current national currency per person. Data are derived by dividing current price GDP by total population.
GDP Per Capita (Current Prices, US Dollars) for Djibouti in year 2008 is US$ 1,252.16 . GDP is expressed in current U.S. dollars per person. Data are derived by first converting GDP in national currency to U.S. dollars and then dividing it by total population.
Output Gap, Percent of Potential GDP for Djibouti in year 2008 is not available
GDP (PPP), US Dollars for Djibouti in year 2008 is US$ 1.877 Billion. These data form the basis for the country weights used to generate the World Economic Outlook country group composites for the domestic economy. Please note: The IMF is not a primary source for purchasing power parity (PPP) data. WEO weights have been created from primary sources and are used solely for purposes of generating country group composites. For primary source information, please refer to one of the following sources: the Organization for Economic Cooperation and Development, the World Bank, or the Penn World Tables. For further information see Box A2 in the April 2004 World Economic Outlook, Box 1.2 in the September 2003 World Economic Outlook for a discussion on the measurem
GDP Per Capita (PPP), US Dollars for Djibouti in year 2008 is US$ 2,392.39 . These data form the basis for the country weights used to generate the World Economic Outlook country group composites for the domestic economy. Please note: The IMF is not a primary source for purchasing power parity (PPP) data. WEO weights have been created from primary sources and are used solely for purposes of generating country group composites. For primary source information, please refer to one of the following sources: the Organization for Economic Cooperation and Development, the World Bank, or the Penn World Tables. For further information see Box A2 in the April 2004 World Economic Outlook, Box 1.2 in the September 2003 World Economic Outlook for a discussion on the measurem
GDP Share of World Total (PPP) for Djibouti in year 2008 is 0.003 %. These data form the basis for the country weights used to generate the World Economic Outlook country group composites for the domestic economy. Please note: The IMF is not a primary source for purchasing power parity (PPP) data. WEO weights have been created from primary sources and are used solely for purposes of generating country group composites. For primary source information, please refer to one of the following sources: the Organization for Economic Cooperation and Development, the World Bank, or the Penn World Tables. For further information see Box A2 in the April 2004 World Economic Outlook, Box 1.2 in the September 2003 World Economic Outlook for a discussion on the measurem
Implied PPP Conversion Rate for Djibouti in year 2008 is 93.018 . These data form the basis for the country weights used to generate the World Economic Outlook country group composites for the domestic economy. Please note: The IMF is not a primary source for purchasing power parity (PPP) data. WEO weights have been created from primary sources and are used solely for purposes of generating country group composites. For primary source information, please refer to one of the following sources: the Organization for Economic Cooperation and Development, the World Bank, or the Penn World Tables. For further information see Box A2 in the April 2004 World Economic Outlook, Box 1.2 in the September 2003 World Economic Outlook for a discussion on the measurem
Investment (% of GDP) for Djibouti in year 2008 is not available
Gross National Savings (% of GDP) for Djibouti in year 2008 is not available
Inflation, Average Consumer Prices (Indexed to Year 2000) for Djibouti in year 2008 is 135.005 (Index, Base Year 2000 = 100). Data for inflation are averages for the year, not end-of-period data. The index is based on 2000=100.
Inflation (Average Consumer Price Change %) for Djibouti in year 2008 is 11.958 %. Data for inflation are averages for the year, not end-of-period data.
Inflation, End of Year (Indexed to Year 2000) for Djibouti in year 2008 is 135.311 (Index, Base Year 2000 = 100). Data for inflation are end of the period, not annual average data. The index is based on 2000=100.
Inflation (End of Year Change %) for Djibouti in year 2008 is 11.958 %. Data for inflation are end of the period, not annual average data.
Six-month London Interbank Offered Rate (LIBOR) Change % for Djibouti in year 2008 is not available
Unemployment Rate (% of Labour Force) for Djibouti in year 2008 is not available
Employment for Djibouti in year 2008 is not available
Population for Djibouti in year 2008 is 0.784 Million .
General Government Balance (National Currency) for Djibouti in year 2008 is not available
General Government Balance (% of GDP) for Djibouti in year 2008 is not available
General Government Structural Balance (National Currency) for Djibouti in year 2008 is not available
General Government Structural Balance (% Potential GDP) for Djibouti in year 2008 is not available
General Government Net Debt (National Currency) for Djibouti in year 2008 is not available
General Government Net Debt (% GDP) for Djibouti in year 2008 is not available
General Government Gross Debt (National Currency) for Djibouti in year 2008 is not available
General Government Gross Debt (% GDP) for Djibouti in year 2008 is not available
Current Account Balance (US Dollars) for Djibouti in year 2008 is US$ -0.385 Billion. Balance of payments data are based upon the methodology of the 5th edition of the International Monetary Fund's Balance of Payments Manual (1993). Data for the world total reflects errors, omissions, and asymmetries in balance of payments statistics on current account, as well as the exclusion of data for international organizations and a limited number of countries. Calculated as the sum of the balance of individual countries.
Current Account Balance (% GDP) for Djibouti in year 2008 is -39.174 %. Balance of payments data are based upon the methodology of the 5th edition of the International Monetary Fund's Balance of Payments Manual (1993). Data for the world total reflects errors, omissions, and asymmetries in balance of payments statistics on current account, as well as the exclusion of data for international organizations and a limited number of countries. Calculated as the sum of the balance of individual countries.