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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 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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