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Djibouti Economic Outlook

Economic growth has exceeded 5% in recent years, reached an estimated 6.8% in 2017, and is projected to be 6.9% in 2018 and 2019. It is driven by continued investment in infrastructure, especially ports, justified by the transit of goods to and from Ethiopia. The government’s longterm goal is to establish Djibouti as an emerging country by 2035; short-term goals are to accelerate growth and increase employment. Structural constraints on energy and water supplies are among the major challenges. The energy challenge is attenuated by a joint electricity transmission line with Ethiopia. The economy has a dual aspect: on the one hand, it has a modern sector based on revenues from ports and military bases leased by foreign countries; on the other hand, it has a large informal sector.

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Key Facts

Capital: Djibouti
Area: 22,980 sq km
Total Population 2017: 0.9 Million
Urban Population 2017: 73.50%
Female Population 2017: 49.70%
GDP: US$ 2.1 Billion
GNI Per Capita 2015: US$ 1,780
Inflation Rate: 3.62%
Crude Birth Rate (per 1000): 23.90%
Human Development Index (rank / 188): 172
Human Development Index (scale 0 to 1): 0.473
Membership Date: 01/05/1978
Cumulative Approvals (1967-2016): UA 205.0 Million

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