Source: world bank Nominal/PPP
Summary:
Djibouti GDP Per Capita expanded from 1985 to 2024, increasing from $0.34 to $4.15 .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.
Djibouti Economic Phases (1985 - 2024)
From 1985 to 2024, Djibouti economy moved through multiple cyclical phases marked by alternating periods of rapid expansion and contraction.
- High Growth (1987–1988) indicating robust economic expansion
- Expansion (1991–1992) indicating steady moderate growth
- Expansion (1997–2002) indicating steady moderate growth
- High Growth (2003–2019) indicating robust economic expansion
- High Growth (2021–2024) indicating robust economic expansion
The most remarkable growth occurred in 2013 with an increase of 51.034%, while the largest decline was in 1993 at -2.512%.