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Economy of Afghanistan vs Djibouti compared: GDP & Debt

Updated on by Georank team

Afghanistan has a GDP of $17.2B compared to $4.09B for Djibouti, ranking 137/197 and 165/197 by economy size, respectively.

Afghanistan has $1.42B in government debt (8.25% of GDP), compared to $1.36B (31.2% of GDP) in Djibouti.

The chart below compares the two countries' GDP growth in both current (nominal) and constant dollars, accounting for inflation over time.

Afghanistan
GDP, current $

GDP, constant 2015 $
Djibouti
GDP, current $

GDP, constant 2015 $
Year GDP
Afghanistan Djibouti
Current $ Constant $ Current $ Constant $
1985 - - $340,989,528 -
1986 - - - -
1987 - - $373,371,738 -
1988 - - $395,794,539 -
1989 - - $409,220,087 -
1990 - - $452,328,087 -
1991 - - $462,421,999 -
1992 - - $478,058,305 -
1993 - - $466,048,469 -
1994 - - $491,689,221 -
1995 - - $497,723,961 -
1996 - - $494,004,648 -
1997 - - $502,675,542 -
1998 - - $514,267,869 -
1999 - - $536,080,148 -
2000 $3,521,418,060 $6,206,547,590 $551,230,862 -
2001 $2,813,571,754 $5,621,147,631 $572,417,441 -
2002 $3,825,701,439 $7,228,795,919 $591,122,040 -
2003 $4,520,946,819 $7,867,263,256 $622,044,666 -
2004 $5,224,896,719 $7,978,515,642 $666,072,102 -
2005 $6,203,256,539 $8,874,480,196 $708,633,195 -
2006 $6,971,758,282 $9,349,921,886 $768,873,684 -
2007 $9,747,886,187 $10,642,671,963 $847,918,929 -
2008 $10,109,297,048 $11,060,395,116 $999,105,339 -
2009 $12,416,152,732 $13,426,272,073 $1,049,110,685 -
2010 $15,856,668,556 $15,354,612,542 $1,128,611,700 -
2011 $17,805,098,206 $15,420,077,666 $1,239,144,502 -
2012 $19,907,329,778 $17,386,490,239 $1,353,632,942 -
2013 $20,146,416,758 $18,360,263,163 $2,044,440,443 $2,107,658,965
2014 $20,497,128,556 $18,860,496,494 $2,220,637,966 $2,259,262,606
2015 $19,134,221,645 $19,134,221,645 $2,424,391,785 $2,424,391,785
2016 $18,116,572,395 $19,566,715,174 $2,604,955,229 $2,597,091,694
2017 $18,753,456,498 $20,084,646,751 $2,762,581,334 $2,738,843,335
2018 $18,053,222,687 $20,323,499,020 $2,913,464,658 $2,869,605,010
2019 $18,799,444,490 $21,118,473,702 $3,088,851,450 $3,028,726,927
2020 $19,955,929,052 $20,621,957,125 $3,144,136,197 $3,065,135,713
2021 $14,259,995,441 $16,345,202,563 $3,392,796,953 $3,200,221,046
2022 $14,497,243,872 $15,325,233,810 $3,562,814,909 $3,365,561,652
2023 $17,152,234,637 $15,672,648,238 $3,917,150,481 $3,613,673,263
2024 - - $4,086,402,719 $3,828,825,225

Economic indicators

Afghanistan Djibouti
Gross domestic product
$17.2B
2023
$4.09B
2024
GDP rank
137/197
2023
165/197
2024
GDP growth
18.3%
2022-2023
4.32%
2023-2024
GDP per capita
$414
2023
$3,496
2024
GDP per capita rank
196/197
2023
134/197
2024
GDP per capita, PPP
$2,202
2023
$7,776
2024
Government debt
$1.42B
2023
$1.36B
2024
Debt-to-GDP ratio
8.25%
2023
31.2%
2025
Government debt per person
$34.2
2023
$1,163
2024
Government debt per person rank
185/185
2023
138/185
2024
Average annual personal income after taxes
$1,632
2025
$2,788
2025
Income share by richest 10% n/a
32.3%
2017
Income share by poorest 10% n/a
1.9%
2017
Government expenditure, % of GDP
17%
2023
21.6%
2025
Consumer prices inflation
-4.3%
2023-2024
1.5%
2024-2025
Central bank interest rate
6%
2021
n/a
Unemployment rate
5.68%
2021
40%
2017
Population
44810409
1196428

GDP per capita in Afghanistan vs Djibouti

Afghanistan's GDP per capita is $414, ranking 196/197, compared to $3,496 in Djibouti, ranking 134/197. Adjusted for purchasing power (GDP per capita PPP), Afghanistan ranks 184th at $2,202, while Djibouti ranks 143rd at $7,776.

Afghanistan
GDP per capita

GDP per capita, PPP
Djibouti
GDP per capita

GDP per capita, PPP
Year Current $
Afghanistan Djibouti
GDP per capita GDP per capita, PPP GDP per capita GDP per capita, PPP
1985 - - $847 -
1986 - - $800 -
1987 - - $822 -
1988 - - $817 -
1989 - - $782 -
1990 - - $780 -
1991 - - $733 -
1992 - - $764 -
1993 - - $759 -
1994 - - $785 -
1995 - - $786 -
1996 - - $762 -
1997 - - $748 -
1998 - - $735 -
1999 - - $740 -
2000 $174.9 $814 $738 -
2001 $138.7 $748 $742 -
2002 $179 $927 $743 -
2003 $198.9 $967 $765 -
2004 $221.8 $972 $806 -
2005 $254.2 $1,076 $844 -
2006 $274.2 $1,122 $898 -
2007 $376 $1,287 $970 -
2008 $382 $1,334 $1,119 -
2009 $452 $1,571 $1,151 -
2010 $561 $1,766 $1,213 -
2011 $607 $1,744 $1,306 -
2012 $651 $1,988 $1,400 -
2013 $637 $2,133 $2,076 $3,762
2014 $625 $2,224 $2,215 $3,978
2015 $566 $2,284 $2,376 $4,264
2016 $522 $2,213 $2,510 $4,432
2017 $525 $2,336 $2,619 $4,677
2018 $491 $2,432 $2,718 $5,083
2019 $497 $2,583 $2,837 $5,398
2020 $511 $2,562 $2,845 $5,527
2021 $356 $2,144 $3,026 $5,960
2022 $357 $2,123 $3,133 $6,621
2023 $414 $2,202 $3,398 $7,264
2024 - - $3,496 $7,776

Spending and national debt comparison

In 2024, Afghanistan's government spending was $2.91B, accounting for 17% of its GDP, while Djibouti's spent $898M, or 21.6% of GDP.

Debt-to-GDP ratio is 8.25% in Afghanistan and 31.2% in Djibouti, ranking 181/185 and 158/185, respectively.

Afghanistan
Government spending

Government debt
Djibouti
Government spending

Government debt
Year % of GDP
Afghanistan Djibouti
Government spending Government debt Government spending Government debt
1990 - - 30.2% -
1991 - - 27.7% -
1992 - - 34.9% -
1993 - - 35.3% -
1994 - - 30.9% -
1995 - - 27% 50.9%
1996 - - 23.7% 53.1%
1997 - - 25% 56%
1998 - - 24% 55.2%
1999 - - 23.5% 58.5%
2000 - - 23.2% 58.1%
2001 - - 21% 58.1%
2002 6.94% 346% 23.4% 63.7%
2003 11.9% 270.6% 25.8% 66.3%
2004 15.1% 245% 26.7% 65.3%
2005 15.7% 206.4% 26.2% 60.3%
2006 18.3% 23% 23.8% 58.3%
2007 21.4% 20.1% 26.6% 56.6%
2008 20.9% 19.1% 28.8% 59.3%
2009 21.2% 16.2% 31% 29.5%
2010 20.8% 7.7% 26.6% 27.9%
2011 21.9% 7.5% 25.3% 25.7%
2012 25% 6.76% 26.5% 25%
2013 25% 6.9% 26.8% 24.6%
2014 25.4% 8.7% 29% 26.9%
2015 25.9% 9.15% 42% 40.3%
2016 28% 8.44% 25.9% 45.9%
2017 27.7% 8% 23.9% 48%
2018 28.9% 7.38% 25.9% 47.5%
2019 28% 6.14% 24.9% 41.1%
2020 27.9% 7.33% 25.8% 42.1%
2021 17.9% 11.1% 23.1% 40.3%
2022 16.1% 10.6% 21% 38.3%
2023 17% 8.25% 21.5% 35.4%
2024 - - 22% 33.3%
2025 - - 21.6% 31.2%

Government deficit by year

In 2023, Afghanistan's government deficit, the difference between spending and revenue, was -$234M, equivalent to -1.36% of GDP. This compares to Djibouti's deficit of -$135M, or -3.46% of GDP.

Over the past 22 years, Afghanistan recorded a fiscal deficit in 17 of those years, while Djibouti ran a deficit in 20 years. On average, Afghanistan posted an annual deficit equal to -0.97% of GDP, compared to deficit of -2.73% of GDP for Djibouti.

Deficit/surplus
Afghanistan

Djibouti
Year Deficit/surplus, % of GDP
Afghanistan Djibouti
1990 - -3.25%
1991 - -0.86%
1992 - -6.13%
1993 - -7.1%
1994 - -4.97%
1995 - -5.13%
1996 - -1.77%
1997 - -2.86%
1998 - -3.59%
1999 - -5.2%
2000 - -3.97%
2001 - -3.61%
2002 -0.1% -4.56%
2003 -2.1% -4.13%
2004 -2.39% -3.67%
2005 -0.92% -1.18%
2006 0.68% 0.26%
2007 -2.46% -1.88%
2008 -3.86% 0.62%
2009 -1.76% -3.88%
2010 0.93% -1.04%
2011 -0.67% -1.18%
2012 0.18% -2.04%
2013 -0.63% -0.34%
2014 -1.72% -6.92%
2015 -1.38% -15.5%
2016 0.13% -0.76%
2017 -0.67% -0.21%
2018 1.63% -1.98%
2019 -1.06% -0.98%
2020 -2.24% -2.58%
2021 -0.48% -3.05%
2022 -1% -1.48%
2023 -1.36% -3.46%
2024 - -4.51%
2025 - -3.05%

Inflation comparison by year

Over the past 22 years, Afghanistan has recorded an average annual inflation rate of 7%, compared with 2.86% in Djibouti. In 2024, inflation was -4.3% in Afghanistan and 1.5% in Djibouti.

Inflation
Afghanistan

Djibouti
Year Inflation
Afghanistan Djibouti Afghanistan Djibouti
1996 - 3.5%
1997 - 2.5%
1998 - 2.2%
1999 - -0.4%
2000 - 1.2%
2001 - 1.9%
2002 - 1.4%
2003 35.7% 1.6%
2004 16.4% 2.4%
2005 10.6% 3.3%
2006 6.8% 3.5%
2007 8.7% 5.9%
2008 26.4% 8.7%
2009 -6.8% 5.6%
2010 2.2% 2.5%
2011 11.8% 5.2%
2012 6.4% 4.2%
2013 7.4% 1.1%
2014 4.7% 1.3%
2015 -0.7% -0.5%
2016 4.4% 2.4%
2017 5% 0.6%
2018 0.6% 0.1%
2019 2.3% 3.3%
2020 5.6% 1.8%
2021 7.8% 1.2%
2022 10.6% 5.2%
2023 -7.7% 1.4%
2024 -4.3% 2.1%
2025 - 1.5%

Top exports between countries

Afghanistan
Export category Export value
Djibouti
Export category Export value
Chemicals & pharma $121K

Balance of trade

Afghanistan Djibouti
Current account balance
-$3.14B
2020
$610M
2024
Current account balance ranking
157/189
2020
57/189
2024
Current account balance, % of GDP
-15.7%
2020
+14.9%
2024
Goods imports
$5.88B
2020
$4.04B
2024
Goods exports
$777M
2020
$4.08B
2024
Service imports
$1.11B
2020
$730M
2024
Service exports
$700M
2020
$1.17B
2024
Imports of goods and services, % of GDP
50.7%
2023
148.3%
2024
Exports of goods and services, % of GDP
16.9%
2023
160.8%
2024

Economic freedom indices

The indices of economic freedom below are issued by the Heritage Foundation. Higher scores indicate stronger economic health.

Afghanistan Djibouti
Economic freedom 53 55.7
Economic freedom ranking 142/197 126/197
Property rights 7.4 30.6
Government integrity 14.1 27.7
Judicial effectiveness 2.7 27.7
Tax burden 91.1 83.5
Government spending 76.1 86.2
Fiscal health 99.9 86.6
Business freedom 34.6 53.7
Labor freedom 45.1 52.8
Monetary freedom 80.8 70.3
Trade freedom 68.6 49.8
Investment freedom 10 50
Financial freedom 10 50

Economic freedom by year comparison

The Economic Freedom Index for Afghanistan is 53, ranking 142/197, compared to 55.7 for Djibouti, ranking 126/197. The chart below displays a comparison of annual changes in economic freedom indexes.

Afghanistan
Djibouti
Year Economic freedom index
Afghanistan Djibouti
1997 - 54.5
1998 - 55.9
1999 - 57.1
2000 - 55.1
2001 - 58.3
2002 - 57.8
2003 - 55.7
2004 - 55.6
2005 - 55.2
2006 - 53.2
2007 - 52.4
2008 - 51.2
2009 - 51.3
2010 - 51
2011 - 54.5
2012 - 53.9
2013 - 53.9
2014 - 55.9
2015 - 57.5
2016 - 56
2017 48.9 46.7
2018 51.3 45.1
2019 51.5 47.1
2020 54.7 52.9
2021 53 56.2
2022 - 55.3
2023 - 56.1
2024 - 55.8
2025 - 55.7

More economic indicators

Afghanistan Djibouti
Services, % of GDP
46.4%
2023
75.5%
2024
Industry, % of GDP
13.4%
2023
15.4%
2024
Agriculture, forestry, and fishing, % of GDP
34.7%
2023
2.58%
2024
GNI, Atlas method
$15.5B
2023
$4.14B
2024
GNI per capita, PPP
$2,210
2023
$7,850
2024
Total reserves including gold
$9.75B
2020
$349M
2024
Total reserves ranking
78/177
2020
165/177
2024
Net foreign direct investment
$24.3M
2020
-$67.8M
2024
Net inflows of foreign direct investment
$20.6M
2021
$67.8M
2024
Net outflows of foreign direct investment
$30.8M
2021
n/a
Servicing debt to the IMF, % of GNI
0.25%
2023
2.52%
2023
Poverty at national poverty lines
47.1%
2019
23%
2020
Gross capital formation, % of GDP
15.3%
2023
-3.78%
2024

GDP per capita map

GDP per capita

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The current account balance is the sum of net trade in goods and services, net earnings from cross-border investments, and net transfer payments. It reflects a country's economic transactions with the rest of the world and is a fundamental component of the balance of payments. A surplus indicates that a country exports more than it imports, while a deficit shows the opposite.

Gross National Income (GNI) measures a country's total income. It encompasses income earned by residents, businesses, and foreign sources, defined as employee compensation and investment profits. GNI adds product taxes not included elsewhere and subtracts subsidies. It accounts for income from residents working abroad but excludes earnings from foreigners within the country.

A negative value for Net Foreign Direct Investment indicates a country is a net receiver of investments, as foreign inflows exceed outflows after Balance of Payments adjustments. A positive value indicates a net provider, with outflows exceeding inflows. Inflows are credits (increasing foreign claims on domestic assets), while outflows are debits (increasing domestic assets abroad).

Foreign direct investment (FDI, net inflows) shows how much capital foreign investors bring into a country after accounting for any funds that flow back in the opposite direction. It represents the net value of overseas companies establishing, expanding, or financing businesses in the reporting country. A positive number means more capital entered the country than was withdrawn, while a negative number means foreign investors pulled out more than they invested.

Foreign direct investment (FDI, net outflows) shows how much capital residents of a country invest abroad after accounting for any funds that flow back in the opposite direction. It represents the net value of domestic companies establishing, expanding, or financing businesses in other countries. A positive number means more capital was invested abroad than withdrawn, while a negative number means residents pulled back more than they invested.

Principal and interest payments to the IMF in currency, goods, or services on long-term debt expressed as a share of GNI.

Formerly gross domestic investment, gross capital formation measures the share of a country’s economic output invested in fixed assets, including buildings, machinery, and infrastructure. It indicates how much of the economy is devoted to building productive capacity.