Djibouti recorded a Current Account deficit of 17.80 percent of the country's Gross Domestic Product in 2018. Current Account to GDP in Djibouti averaged -8.89 percent from 1991 until 2018, reaching an all time high of 3.40 percent in 2003 and a record low of -30.70 percent in 2015.

Current Account to GDP in Djibouti is expected to be -16.50 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Djibouti Current Account to GDP is projected to trend around -16.00 percent in 2020, according to our econometric models.

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Djibouti Current Account to GDP

Actual Previous Highest Lowest Dates Unit Frequency
-17.80 -26.00 3.40 -30.70 1991 - 2018 percent Yearly


Djibouti Current Account to GDP
The Current account balance as a percent of GDP provides an indication on the level of international competitiveness of a country. Usually, countries recording a strong current account surplus have an economy heavily dependent on exports revenues, with high savings ratings but weak domestic demand. On the other hand, countries recording a current account deficit have strong imports, a low saving rates and high personal consumption rates as a percentage of disposable incomes.

Djibouti Trade Last Previous Highest Lowest Unit
Balance of Trade -14510.00 -111187.00 -14510.00 -130969.00 DJF Million [+]
Current Account 78200.00 -52179.00 78200.00 -54833.00 DJF Million [+]
Current Account to GDP -17.80 -26.00 3.40 -30.70 percent [+]
Exports 625779.00 25290.00 625779.00 4886.00 DJF Million [+]
Imports 640289.00 136477.00 640289.00 30600.00 DJF Million [+]
Terrorism Index 0.32 0.71 2.57 0.00 [+]