Djibouti GDP Trends from 1991 to 2024: A overall increase with some decline Flow

Djibouti's GDP changed from approximately $650M in 1991 to $4B 364M in 2024, showing an overall 571.4% sharply increased during the period.
The lowest GDP was recorded in 1991 at $650M, and the highest in 2024 at $4B 364M.
Over the 33-year span, the GDP showed a overall increase with some decline trend, with an average annual growth rate of 5.9%.
For comparison, the average annual growth rate of Eritrea was 4.5%, and that of Somalia was 7.5%.

Overview of Djibouti's GDP (1991–2024)

The Gross Domestic Product (GDP) of Djibouti recorded a 571.4% sharply increased from 1991 to 2024.
The average GDP during this period was $1B 720M, and the median was $1B 286M.
GDP fluctuated within a range of $3B 714M, with a standard deviation of $1B 128M.
The average annual change was $106M 498K.


Djibouti GDP from 1991 to 2024

The total market value of goods and services produced annually in Djibouti.

Change Chart

    Highest and Lowest GDP Records

    • Lowest GDP: 1991, $650M
    • Highest GDP: 2024, $4B 364M
    • Most Recent GDP: 2024, $4B 364M

    Notable Annual GDP Changes

    • 2024: Significant increase in GDP
    • 1993: Noticeable drop in GDP

    Overall pattern: overall increase with some decline


    Global Economic Events and Djibouti's GDP

    COVID-19 Pandemic (2020)

    • Period: From 2019 to 2020
    • GDP Change: $3B 89M → $3B 185M
    • Outcome: increased

    2008 Global Financial Crisis

    • Period: From 2007 to 2009
    • GDP Change: $1B 191M → $1B 426M
    • Outcome: sharply increased

    2001 Dot-com Bubble Burst

    • Period: From 2000 to 2001
    • GDP Change: $781M → $811M
    • Outcome: increased

    1998 Asian Financial Crisis

    • Period: From 1997 to 1998
    • GDP Change: $706M → $722M
    • Outcome: increased

    Key Economic Indicators of Djibouti (1991–2024)

    yearNominal GDPGDP per CapitaPPP per CapitaPPP GDPGDP GrowthCurrent AccountSavingsFiscal BalancePopulation
    1990
    $ 0
    $ 0
    $ 0
    $ 0
    0 %
    0 %
    14.06 %
    -2.81 %
    0 person
    1991
    $ 650M
    $ 1,070.41
    $ 2,726.19
    $ 1B 654M
    0 %
    17.054 %
    14.61 %
    -0.621 %
    607,000 people
    1992
    $ 672M
    $ 1,091.84
    $ 2,766.57
    $ 1B 702M
    0.562 %
    -0.339 %
    11.51 %
    -5.706 %
    615,000 people
    1993
    $ 655M
    $ 1,058.46
    $ 2,626.20
    $ 1B 624M
    -6.751 %
    26.499 %
    15.12 %
    -6.784 %
    619,000 people
    1994
    $ 691M
    $ 1,109.77
    $ 2,629.39
    $ 1B 636M
    -1.36 %
    36.39 %
    11.51 %
    -4.663 %
    622,000 people
    1995
    $ 699M
    $ 1,109.10
    $ 2,558.09
    $ 1B 613M
    -3.481 %
    37.029 %
    7.03 %
    -4.647 %
    630,000 people
    1996
    $ 694M
    $ 1,078.12
    $ 2,456.03
    $ 1B 581M
    -3.732 %
    35.798 %
    6.80 %
    -1.275 %
    644,000 people
    1997
    $ 706M
    $ 1,068.48
    $ 2,403.74
    $ 1B 589M
    -1.216 %
    35.833 %
    5.84 %
    -2.494 %
    661,000 people
    1998
    $ 722M
    $ 1,061.62
    $ 2,363.40
    $ 1B 608M
    0.114 %
    33.531 %
    6.26 %
    -3.344 %
    680,000 people
    1999
    $ 759M
    $ 1,084.92
    $ 2,398.07
    $ 1B 679M
    2.919 %
    35.048 %
    6.01 %
    -4.827 %
    700,000 people
    2000
    $ 781M
    $ 1,088.22
    $ 2,409.29
    $ 1B 729M
    0.713 %
    19.632 %
    4.21 %
    -3.641 %
    718,000 people
    2001
    $ 811M
    $ 1,106.68
    $ 2,454.88
    $ 1B 799M
    1.793 %
    43.219 %
    7.81 %
    -3.397 %
    733,000 people
    2002
    $ 837M
    $ 1,121.17
    $ 2,525.68
    $ 1B 887M
    3.234 %
    51.503 %
    11.01 %
    -4.298 %
    747,000 people
    2003
    $ 882M
    $ 1,160.47
    $ 2,613.20
    $ 1B 985M
    3.186 %
    47.968 %
    15.79 %
    -3.886 %
    760,000 people
    2004
    $ 936M
    $ 1,212.85
    $ 2,715.28
    $ 2B 95M
    2.779 %
    30.372 %
    14.10 %
    -3.426 %
    772,000 people
    2005
    $ 996M
    $ 1,271.22
    $ 2,844.60
    $ 2B 228M
    3.111 %
    30.488 %
    14.22 %
    -0.871 %
    783,000 people
    2006
    $ 1B 80M
    $ 1,359.49
    $ 3,030.07
    $ 2B 408M
    4.825 %
    4.767 %
    16.72 %
    0.58 %
    795,000 people
    2007
    $ 1B 191M
    $ 1,478.42
    $ 3,224.05
    $ 2B 597M
    5.017 %
    -25.755 %
    18.35 %
    -1.591 %
    805,000 people
    2008
    $ 1B 382M
    $ 1,692.43
    $ 3,430.50
    $ 2B 801M
    5.806 %
    -33.329 %
    17.81 %
    0.871 %
    816,000 people
    2009
    $ 1B 426M
    $ 1,722.34
    $ 3,458.89
    $ 2B 863M
    1.616 %
    18.67 %
    21.99 %
    -3.566 %
    828,000 people