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Laboratoire de la finance africaine

Djibouti

Aperçu 2024
Annual current GDP growth (%) : 6.5
GDP (USD billions) : 3.932
Population (Thousands) : 1.016 
Economic performance and outlook

Djibouti's economy began to recover in 2021 with GDP growth of 3.9 percent, up from 1.2 percent in 2020. This recovery has been supported by a revitalized services sector. Djibouti is following an expansionary monetary policy to support the economic recovery and avoid liquidity depletion. Inflation is estimated at 1.2 percent in 2021, exceeding the 0.3 percent in 2020. The current account surplus has narrowed to 9.5 percent of GDP in 2021 from 10.7 percent in 2020 and foreign exchange reserves are estimated at 3.2 months of imports. The country has received $43.3 million in IMF allocation. (Download detailed Analysis Source : Report African Economic Outlook 2022 ; AfDB)

Financial markets

Djibouti does not have a stock market. Foreign direct investment flows to Djibouti have grown successively during the 2017-2019 period. After dropping by 10% in 2020, they have reached $166.8 million in 2021, an increase of 5%.