Tuesday, July 9, 2024

Djibouti Economy 7-9-24

Nominal GDP $3.873B, Per capita GDP $3,761.24, Population 1,136,455, Debt to GDP 41.8%. Inflation 11.43%, Unemployment 26.67%, Labor Force Participation 14.14%, Land Area 8,958 sq miles, Arable Land 0.04%, Urban 70%, Rural 30%.  Exports $542M, Imports $8.64B. Trade Deficit $8.098B.

The top exports of Djibouti are Palm Oil ($299M), Chlorides ($90M), Seed Oils ($26.7M), Flax Yarn ($13.5M), and Bovine ($10.3M), exporting mostly to Ethiopia ($333M), China ($90M), India ($38.8M), Jordan ($11.6M), and Central African Republic ($7.81M)

The top imports of Djibouti are Refined Petroleum ($920M), Palm Oil ($606M), Mixed Mineral or Chemical Fertilizers ($542M), Cars ($328M), and Raw Sugar ($295M), importing mostly from China ($3.26B), United Arab Emirates ($1.73B), India ($876M), Morocco ($536M), and Turkey ($51M).

Djibouti is 94% Muslim.

Norb Leahy, Dunwoody GA Tea Party Leader

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