The 2017 Annual Meetings of the African Development Bank (AfDB) Group will be held on May 22-26, 2017 in Ahmedabad, India. The Annual Meetings are the Bank’s largest annual event and serve to raise the profile of the institution on the global stage. Find out more

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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.

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Key Facts

Flag:
Capital: Djibouti
Area: 22,980 sq km
Total Population 2015: 0.9 Million
Urban Population 2015: 77.22%
Female Population 2015: 49.77%
GDP: US$ 1.4 Billion
GNI Per Capita 2015: 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 (1967-2015): UA 198.6 Million

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