Djibouti Economic Statistics and Indicators
27, Mar 2017, EDT. 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: 2015 › Change year
Number of Indicators Listed: 36
Full Dataset: From Year 1980 to 2021
Date of Last Update: 30th June 2016
Population: 810,179 (July 2014 est.)
Area: total: 23,200 sq km ; land: 23,180 sq km ; water: 20 sq km
Natural Resources: potential geothermal power, gold, clay, granite, limestone, marble, salt, diatomite, gypsum, pumice, petroleum
Capital: name: Djibouti ; geographic coordinates: 11 35 N, 43 09 E ; time difference: UTC+3 (8 hours ahead of Washington, DC, during Standard Time)
Djibouti's economy is based on service activities connected with the country's strategic location as a deepwater port on the Red Sea. Three-fourths of Djibouti's inhabitants live in the capital city; the remainder are mostly nomadic herders. Scant rainfall limits crop production to small quantities of fruits and vegetables, and most food must be imported. Djibouti provides services as both a transit port for the region and an international transshipment and refueling center. Imports, exports, and re-exports - primarily of coffee from landlocked neighbor Ethiopia - represent 70% of port activity at Djibouti's container terminal. Djibouti has few natural resources and little industry. The nation is, therefore, heavily dependent on foreign assistance to help support its balance of payments and to finance development projects. An unemployment rate of nearly 60% continues to be a major problem. While inflation is not a concern, due to the fixed tie of the Djiboutian franc to the US dollar, the artificially high value of the Djiboutian franc adversely affects Djibouti's balance of payments. Djibouti holds foreign reserves amounting to less than six months of import coverage. Djibouti has experienced relatively minimal impact from the global economic downturn, but its reliance on diesel-generated electricity and imported food leave average consumers vulnerable to global price shocks. President GUELLEH in 2013 told international investors that Djibouti’s development plan is to increase its prominence in financial and communication sectors.
More on the Djibouti Economy
More on the Djibouti Export, Import and Trade
GDP (Constant Prices, National Currency) for Djibouti in year 2015 is DJF 127.807 Billion.
GDP (Current Prices, National Currency) for Djibouti in year 2015 is DJF 306.896 Billion.
GDP (Current Prices, US Dollars) for Djibouti in year 2015 is US$ 1.727 Billion.
GDP Deflator for Djibouti in year 2015 is 240.125 (Index, Base Year as per country's accounts = 100).
GDP Per Capita (Constant Prices, National Currency) for Djibouti in year 2015 is DJF 132,360.06 .
GDP Per Capita (Current Prices, National Currency) for Djibouti in year 2015 is DJF 317,829.66 .
GDP Per Capita (Current Prices, US Dollars) for Djibouti in year 2015 is US$ 1,788.36 .
GDP (PPP), US Dollars for Djibouti in year 2015 is US$ 3.094 Billion.
GDP Per Capita (PPP), US Dollars for Djibouti in year 2015 is US$ 3,203.78 .
Investment (% of GDP) for Djibouti in year 2015 is 60.413 %.
Inflation, Average Consumer Prices (Indexed to Year 2000) for Djibouti in year 2015 is 167.39 (Index, Base Year 2000 = 100).
Inflation, End of Year (Indexed to Year 2000) for Djibouti in year 2015 is 169.31 (Index, Base Year 2000 = 100).
Population for Djibouti in year 2015 is 0.966 Million .
General government revenue (National Currency) for Djibouti in year 2015 is DJF 114.668 Billions.
General government total expenditure (National Currency) for Djibouti in year 2015 is DJF 165.558 Billions.
Total Government Net Lending/ Borrowing (National Currency) for Djibouti in year 2015 is DJF -50.891 Billions.
Fiscal Year Gross Domestic Product, Current Prices for Djibouti in year 2015 is DJF 306.896 Billions.
Current Account Balance (US Dollars) for Djibouti in year 2015 is US$ -0.504 Billion.
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Data Sources: IMF, World Bank, UN, OECD, CIA World Factbook, Internet World Statistics, The Heritage Foundation and Transparency International