Djibouti

Djibouti Economic Outlook

  • With a growth rate of 5.9% in 2014, the economy continued the acceleration observed in 2013 and is expected to maintain this rhythm in 2015.
  • The fiscal deficit started to decline in 2014 and is expected to further decline in 2015/16 but the country’s level of debt remains critical.
  • The economy of Djibouti lacks diversification, and although growth has been steady since 2006, it has not made possible a significant reduction of poverty.

Project Portfolio

Reference Project Status
P-DJ-KF0-009 AT assurance maladie universelle

Categories: Djibouti, Economic & Financial Governance

ApprovedAPVD
P-DJ-FA0-001 Geothermal exploratory drilling project

Categories: Djibouti, Energy & Power

ApprovedAPVD

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Contacts

East Africa Regional Resource Center (EARC)

African Development Bank Group
Khushee Tower
Longonot  Road, Upper Hill
Nairobi, Kenya

Phone: (254) 20 2712925/ (254) 20 2712926/ (254) 20 2712928
Fax: (254) 20 2712938

Mr. Gabriel Negatu, RRC Director

Key Facts

Flag:
Capital: Djibouti
Area: 22,980 sq km
Total Population 2013: 0.9 Million
Urban Population 2013: 77.22%
Female Population 2013: 49.77%
GDP: US$ 1.4 Billion
GNI Per Capita 2013: US$ 1,090
Inflation Rate: 2.49%
Crude Birth Rate (per 1000): 27.48%
Human Development Index (rank / 187): 164
Human Development Index (scale 0 to 1): 0.445
Membership Date: 01/05/1978
Cumulative Approvals (1967-2013): UA 190.4 Million

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