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.

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