[ Nominal GDP in billions of USD ]
Year -
$4.15 billions
Djibouti GDP expanded from 1985 to 2024, increasing from $0.34 billion to $4.15 billion.The compound annual growth rate (CAGR) averaged 6.63% over the period. The economy recorded its peak level in 2024 and its lowest level in 1985. Growth volatility remained high. The maximum drawdown reached 2.08%, indicating the largest cyclical decline from peak levels. The country experienced 2 recession episode(s) during the observed period.
| Metric | Nominal GDP (Current USD) | GDP (PPP, Int$) |
|---|---|---|
| Latest Year | 2024 | 2024 |
| Latest GDP | $ 4.15 Billions | $ 9.13 Int Billions |
| Growth (YoY) | 6.508% | 9.567% |
| Net Change vs Previous Year | $ 0.25 Billion | $ 0.80 Int Billion |
| % of World GDP | 0.00% | 0.00% |
| Meaning | Nominal GDP (Current USD, exchange-rate based) | GDP (PPP, cost-of-living adjusted) |
| Nominal | PPP | |||||
|---|---|---|---|---|---|---|
| Year | Bil $ | Net Chg | % Chg | Int Bil $ | Net Chg | % Chg |
| 1960 | - | - | - | - | - | - |
| 1961 | - | - | - | - | - | - |
| 1962 | - | - | - | - | - | - |
| 1963 | - | - | - | - | - | - |
| 1964 | - | - | - | - | - | - |
| 1965 | - | - | - | - | - | - |
| 1966 | - | - | - | - | - | - |
| 1967 | - | - | - | - | - | - |
| 1968 | - | - | - | - | - | - |
| 1969 | - | - | - | - | - | - |
| 1970 | - | - | - | - | - | - |
| 1971 | - | - | - | - | - | - |
| 1972 | - | - | - | - | - | - |
| 1973 | - | - | - | - | - | - |
| 1974 | - | - | - | - | - | - |
| 1975 | - | - | - | - | - | - |
| 1976 | - | - | - | - | - | - |
| 1977 | - | - | - | - | - | - |
| 1978 | - | - | - | - | - | - |
| 1979 | - | - | - | - | - | - |
| 1980 | - | - | - | - | - | - |
| 1981 | - | - | - | - | - | - |
| 1982 | - | - | - | - | - | - |
| 1983 | - | - | - | - | - | - |
| 1984 | - | - | - | - | - | - |
| 1985 | 0.34 | - | - | - | - | - |
| 1986 | - | - | - | - | - | - |
| 1987 | 0.37 | 0.03 | 9.497 % | - | - | - |
| 1988 | 0.4 | 0.02 | 6.005 % | - | - | - |
| 1989 | 0.41 | 0.01 | 3.392 % | - | - | - |
| 1990 | 0.45 | 0.04 | 10.534 % | - | - | - |
| 1991 | 0.46 | 0.01 | 2.232 % | - | - | - |
| 1992 | 0.48 | 0.02 | 3.381 % | - | - | - |
| 1993 | 0.47 | -0.01 | -2.512 % | - | - | - |
| 1994 | 0.49 | 0.03 | 5.502 % | - | - | - |
| 1995 | 0.5 | 0.01 | 1.227 % | - | - | - |
| 1996 | 0.49 | 0 | -0.747 % | - | - | - |
| 1997 | 0.5 | 0.01 | 1.755 % | - | - | - |
| 1998 | 0.51 | 0.01 | 2.306 % | - | - | - |
| 1999 | 0.54 | 0.02 | 4.241 % | - | - | - |
| 2000 | 0.55 | 0.02 | 2.826 % | - | - | - |
| 2001 | 0.57 | 0.02 | 3.844 % | - | - | - |
| 2002 | 0.59 | 0.02 | 3.268 % | - | - | - |
| 2003 | 0.62 | 0.03 | 5.231 % | - | - | - |
| 2004 | 0.67 | 0.04 | 7.078 % | - | - | - |
| 2005 | 0.71 | 0.04 | 6.39 % | - | - | - |
| 2006 | 0.77 | 0.06 | 8.501 % | - | - | - |
| 2007 | 0.85 | 0.08 | 10.281 % | - | - | - |
| 2008 | 1 | 0.15 | 17.83 % | - | - | - |
| 2009 | 1.05 | 0.05 | 5.005 % | - | - | - |
| 2010 | 1.13 | 0.08 | 7.578 % | - | - | - |
| 2011 | 1.24 | 0.11 | 9.794 % | - | - | - |
| 2012 | 1.35 | 0.11 | 9.239 % | - | - | - |
| 2013 | 2.04 | 0.69 | 51.034 % | 3.71 | - | - |
| 2014 | 2.22 | 0.18 | 8.618 % | 3.99 | 0.28 | 7.664 % |
| 2015 | 2.42 | 0.2 | 9.175 % | 4.35 | 0.36 | 9.06 % |
| 2016 | 2.6 | 0.18 | 7.448 % | 4.6 | 0.25 | 5.697 % |
| 2017 | 2.76 | 0.16 | 6.051 % | 4.93 | 0.33 | 7.28 % |
| 2018 | 2.91 | 0.15 | 5.462 % | 5.45 | 0.52 | 10.446 % |
| 2019 | 3.09 | 0.18 | 6.02 % | 5.88 | 0.43 | 7.862 % |
| 2020 | 3.14 | 0.06 | 1.79 % | 6.11 | 0.23 | 3.94 % |
| 2021 | 3.39 | 0.25 | 7.909 % | 6.68 | 0.57 | 9.403 % |
| 2022 | 3.56 | 0.17 | 5.011 % | 7.53 | 0.85 | 12.664 % |
| 2023 | 3.9 | 0.34 | 9.42 % | 8.33 | 0.8 | 10.651 % |
| 2024 | 4.15 | 0.25 | 6.508 % | 9.13 | 0.8 | 9.567 % |
Between 1985 to 2024, Djibouti experienced the following economic phases:
The most remarkable growth occurred in 2013 with an increase of 51.034%, while the largest decline was in 1993 at -2.512%.