The Gross Domestic Product (GDP) in Djibouti expanded 3.90 percent in 2021 source: Central Bank of Djibouti

GDP Annual Growth Rate in Djibouti averaged 2.86 percent from 1991 until 2021, reaching an all time high of 8.40 percent in 2018 and a record low of -10.60 percent in 1996. This page provides - Djibouti GDP Annual Growth Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news. Djibouti GDP Annual Growth Rate - values, historical data and charts - was last updated on November of 2022.

GDP Annual Growth Rate in Djibouti is expected to reach 4.50 percent by the end of 2022, according to Trading Economics global macro models and analysts expectations. In the long-term, the Djibouti GDP Annual Growth Rate is projected to trend around 5.20 percent in 2023 and 6.20 percent in 2024, according to our econometric models.

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Djibouti GDP Annual Growth Rate



Related Last Previous Unit Reference
GDP Annual Growth Rate 3.90 1.20 percent Dec 2021

Djibouti GDP Annual Growth Rate
Djibouti is one of the poorest countries in the world with 75 percent of population living below poverty line. Djibouti is located in one of the busiest maritime trade routes and has the status of free trade zone. As a result, Djibouti is highly dependent on tax revenues from in-transit trade flow. Also, since Djibouti has very few natural resources and virtually no industry, it depends on foreign assistance to finance development and current account deficits.
Actual Previous Highest Lowest Dates Unit Frequency
3.90 1.20 8.40 -10.60 1991 - 2021 percent Yearly