Djibouti

Djibouti Economic Outlook

  • Growth of about 7.4% is forecast for 2016, compared to 6.7% in 2015 and 6% in 2014, an improvement which has not prevented widespread poverty or unemployment.
  • The budgetary deficit improved in 2015, but the country’s level of debt remains critical, with a service economy centred on transport.
  • Activities and jobs are largely concentrated in the capital, which has led the government to contemplate the development of economic hubs in the country’s interior.

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