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Economy of Djibouti vs Dominican Republic compared: GDP & Debt

Updated on by Georank team

Djibouti has a GDP of $4.09B compared to $124B for the Dominican Republic, ranking 165/197 and 65/197 by economy size, respectively.

Djibouti has $1.36B in government debt (31.2% of GDP), compared to $73.1B (58.2% of GDP) in the Dominican Republic.

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

Djibouti
GDP, current $

GDP, constant 2015 $
Dominican Republic
GDP, current $

GDP, constant 2015 $
Year GDP
Djibouti Dominican Republic
Current $ Constant $ Current $ Constant $
1960 - - $672,399,700 $4,496,273,447
1961 - - $654,100,200 $4,392,263,458
1962 - - $824,100,000 $5,141,023,192
1963 - - $940,799,900 $5,475,338,924
1964 - - $1,025,599,900 $5,845,738,217
1965 - - $888,100,000 $5,116,082,882
1966 - - $983,900,000 $5,804,878,762
1967 - - $1,034,800,000 $5,998,038,558
1968 - - $1,079,100,000 $6,012,365,502
1969 - - $1,230,500,000 $6,667,199,033
1970 - - $1,485,500,000 $7,882,408,258
1971 - - $1,666,500,000 $8,739,341,597
1972 - - $1,987,400,000 $9,647,723,102
1973 - - $2,344,800,000 $10,891,870,678
1974 - - $2,925,700,000 $11,545,590,181
1975 - - $3,599,200,000 $12,145,181,930
1976 - - $3,951,500,000 $12,962,324,666
1977 - - $4,587,100,000 $13,608,079,675
1978 - - $4,734,400,000 $13,899,385,752
1979 - - $5,498,800,000 $14,529,222,409
1980 - - $6,761,300,000 $15,687,018,150
1981 - - $7,561,300,000 $16,358,401,738
1982 - - $8,267,400,000 $16,636,283,320
1983 - - $9,220,600,000 $17,406,201,587
1984 - - $11,594,000,000 $17,624,283,186
1985 $340,989,528 - $5,044,579,979 $17,250,201,611
1986 - - $6,122,128,558 $17,857,752,538
1987 $373,371,738 - $5,827,050,753 $19,664,486,965
1988 $395,794,539 - $5,374,299,981 $20,088,446,094
1989 $409,220,087 - $6,686,593,060 $20,972,445,961
1990 $452,328,087 - $7,073,675,545 $19,828,543,242
1991 $462,421,999 - $9,824,483,340 $20,015,752,229
1992 $478,058,305 - $11,605,382,504 $22,265,015,207
1993 $466,048,469 - $13,081,042,400 $23,905,211,029
1994 $491,689,221 - $14,644,734,599 $24,525,260,343
1995 $497,723,961 - $16,637,370,839 $25,923,197,384
1996 $494,004,648 - $18,241,622,548 $27,468,529,262
1997 $502,675,542 - $20,017,450,041 $29,913,105,390
1998 $514,267,869 - $21,672,215,547 $31,919,035,076
1999 $536,080,148 - $22,136,579,397 $33,820,295,671
2000 $551,230,862 - $24,305,780,629 $35,393,522,990
2001 $572,417,441 - $25,601,823,688 $36,267,520,113
2002 $591,122,040 - $27,137,440,786 $37,894,663,734
2003 $622,044,666 - $21,403,167,848 $37,383,329,267
2004 $666,072,102 - $22,322,387,382 $38,349,900,170
2005 $708,633,195 - $35,777,560,684 $41,966,981,959
2006 $768,873,684 - $37,879,830,084 $45,815,860,540
2007 $847,918,929 - $43,965,458,509 $49,214,666,985
2008 $999,105,339 - $48,091,433,554 $50,823,044,978
2009 $1,049,110,685 - $48,223,781,477 $51,333,030,312
2010 $1,128,611,700 - $53,801,053,353 $55,645,592,833
2011 $1,239,144,502 - $57,948,261,616 $57,421,779,163
2012 $1,353,632,942 - $60,561,635,556 $59,015,618,840
2013 $2,044,440,443 $2,107,658,965 $62,555,417,415 $61,927,882,063
2014 $2,220,637,966 $2,259,262,606 $67,014,329,100 $66,331,713,897
2015 $2,424,391,785 $2,424,391,785 $70,966,782,572 $70,966,782,572
2016 $2,604,955,229 $2,597,091,694 $75,552,902,636 $75,735,566,406
2017 $2,762,581,334 $2,738,843,335 $79,070,274,743 $78,714,898,895
2018 $2,913,464,658 $2,869,605,010 $84,994,732,049 $84,301,701,755
2019 $3,088,851,450 $3,028,726,927 $89,146,130,745 $88,427,452,426
2020 $3,144,136,197 $3,065,135,713 $78,546,672,407 $81,415,993,438
2021 $3,392,796,953 $3,200,221,046 $94,850,719,517 $92,824,351,637
2022 $3,562,814,909 $3,365,561,652 $113,478,087,135 $97,686,450,824
2023 $3,917,150,481 $3,613,673,263 $120,456,239,154 $99,828,029,403
2024 $4,086,402,719 $3,828,825,225 $124,282,245,639 $104,771,210,812

Economic indicators

Djibouti Dominican Republic
Gross domestic product
$4.09B
2024
$124B
2024
GDP rank
165/197
2024
65/197
2024
GDP growth
4.32%
2023-2024
3.18%
2023-2024
GDP per capita
$3,496
2024
$10,876
2024
GDP per capita rank
134/197
2024
83/197
2024
GDP per capita, PPP
$7,776
2024
$27,541
2024
Government debt
$1.36B
2024
$73.1B
2024
Debt-to-GDP ratio
31.2%
2025
58.2%
2025
Government debt per person
$1,163
2024
$6,394
2024
Government debt per person rank
138/185
2024
72/185
2024
Average annual personal income after taxes
$2,788
2025
$5,703
2025
Income share by richest 10%
32.3%
2017
29.5%
2024
Income share by poorest 10%
1.9%
2017
2.3%
2024
Government expenditure, % of GDP
21.6%
2025
18.5%
2025
Consumer prices inflation
1.5%
2024-2025
3.3%
2023-2024
Central bank interest rate n/a
5.75%
2025
Unemployment rate
40%
2017
5.31%
2024
Population
1196428
11591984

GDP per capita in Djibouti vs Dominican Republic

Djibouti's GDP per capita is $3,496, ranking 134/197, compared to $10,876 in the Dominican Republic, ranking 83/197. Adjusted for purchasing power (GDP per capita PPP), Djibouti ranks 143rd at $7,776, while the Dominican Republic ranks 76th at $27,541.

Djibouti
GDP per capita

GDP per capita, PPP
Dominican Republic
GDP per capita

GDP per capita, PPP
Year Current $
Djibouti Dominican Republic
GDP per capita GDP per capita, PPP GDP per capita GDP per capita, PPP
1960 - - $205.7 -
1961 - - $193.9 -
1962 - - $236.8 -
1963 - - $262.2 -
1964 - - $277.3 -
1965 - - $233.2 -
1966 - - $250.9 -
1967 - - $256.2 -
1968 - - $259.6 -
1969 - - $287.7 -
1970 - - $338 -
1971 - - $368 -
1972 - - $427 -
1973 - - $490 -
1974 - - $595 -
1975 - - $713 -
1976 - - $763 -
1977 - - $863 -
1978 - - $868 -
1979 - - $984 -
1980 - - $1,180 -
1981 - - $1,288 -
1982 - - $1,376 -
1983 - - $1,500 -
1984 - - $1,844 -
1985 $847 - $784 -
1986 $800 - $932 -
1987 $822 - $868 -
1988 $817 - $784 -
1989 $782 - $955 -
1990 $780 - $989 $3,641
1991 $733 - $1,346 $3,722
1992 $764 - $1,558 $4,151
1993 $759 - $1,722 $4,474
1994 $785 - $1,892 $4,599
1995 $786 - $2,109 $4,871
1996 $762 - $2,271 $5,161
1997 $748 - $2,449 $5,618
1998 $735 - $2,608 $5,963
1999 $740 - $2,621 $6,305
2000 $738 - $2,831 $6,639
2001 $742 - $2,936 $6,848
2002 $743 - $3,066 $7,158
2003 $765 - $2,383 $7,098
2004 $806 - $2,452 $7,375
2005 $844 - $3,878 $8,215
2006 $898 - $4,055 $9,130
2007 $970 - $4,650 $9,951
2008 $1,119 - $5,024 $10,346
2009 $1,151 - $4,974 $10,382
2010 $1,213 - $5,479 $11,246
2011 $1,306 - $5,827 $11,695
2012 $1,400 - $6,014 $11,777
2013 $2,076 $3,762 $6,137 $12,414
2014 $2,215 $3,978 $6,496 $13,465
2015 $2,376 $4,264 $6,801 $14,804
2016 $2,510 $4,432 $7,160 $16,282
2017 $2,619 $4,677 $7,413 $16,846
2018 $2,718 $5,083 $7,883 $17,995
2019 $2,837 $5,398 $8,183 $19,767
2020 $2,845 $5,527 $7,135 $18,998
2021 $3,026 $5,960 $8,527 $22,053
2022 $3,133 $6,621 $10,104 $24,626
2023 $3,398 $7,264 $10,630 $25,840
2024 $3,496 $7,776 $10,876 $27,541

Spending and national debt comparison

In 2024, Djibouti's government spending was $898M, accounting for 21.6% of its GDP, while the Dominican Republic's spent $24.2B, or 18.5% of GDP.

Debt-to-GDP ratio is 31.2% in Djibouti and 58.2% in the Dominican Republic, ranking 158/185 and 88/185, respectively.

Djibouti
Government spending

Government debt
Dominican Republic
Government spending

Government debt
Year % of GDP
Djibouti Dominican Republic
Government spending Government debt Government spending Government debt
1960 - - 20.1% -
1961 - - 20% -
1962 - - 15.7% -
1963 - - 15.1% -
1964 - - 16.7% -
1965 - - 12.8% -
1966 - - 15.2% 14.5%
1967 - - 15% 16.2%
1968 - - 15.5% 18.1%
1969 - - 15.5% 17.4%
1970 - - 13.3% 18%
1971 - - 13.8% 17.8%
1972 - - 14.1% 16.4%
1973 - - 13.7% 14.6%
1974 - - 14.6% 14.6%
1975 - - 13.7% 13.1%
1976 - - 12.5% 15.6%
1977 - - 11.4% 16.4%
1978 - - 12.3% 20.9%
1979 - - 13.8% 24%
1980 - - 12.8% 15.2%
1981 - - 12.1% 29.8%
1982 - - 10.2% 33.1%
1983 - - 10.2% 32.9%
1984 - - 9.32% 28.9%
1985 - - 9.8% 66.3%
1986 - - 10.4% 63.8%
1987 - - 11.2% 86.9%
1988 - - 12.8% 77%
1989 - - 11.3% 62.5%
1990 30.2% - 9.1% 84.7%
1991 27.7% - 8.65% 47.3%
1992 34.9% - 10.4% 38.5%
1993 35.3% - 13% 36.1%
1994 30.9% - 12.1% 28.5%
1995 27% 50.9% 11% 25.7%
1996 23.7% 53.1% 11.4% 23%
1997 25% 56% 13.2% 13.8%
1998 24% 55.2% 12.6% 13.2%
1999 23.5% 58.5% 13.4% 16%
2000 23.2% 58.1% 14.1% 16.7%
2001 21% 58.1% 14.9% 20.4%
2002 23.4% 63.7% 16.5% 21.5%
2003 25.8% 66.3% 17.2% 48.2%
2004 26.7% 65.3% 17.3% 34.3%
2005 26.2% 60.3% 15.5% 38.3%
2006 23.8% 58.3% 17% 36%
2007 26.6% 56.6% 16.3% 32.9%
2008 28.8% 59.3% 18.5% 33.6%
2009 31% 29.5% 16.2% 36.8%
2010 26.6% 27.9% 16.1% 37.4%
2011 25.3% 25.7% 16% 39.1%
2012 26.5% 25% 19.8% 42.4%
2013 26.8% 24.6% 18.5% 46.8%
2014 29% 26.9% 17% 45%
2015 42% 40.3% 16.7% 44.8%
2016 25.9% 45.9% 17% 46.7%
2017 23.9% 48% 17.3% 49.5%
2018 25.9% 47.5% 16.5% 50.8%
2019 24.9% 41.1% 17.8% 53.5%
2020 25.8% 42.1% 22.2% 71.8%
2021 23.1% 40.3% 18.4% 62.8%
2022 21% 38.3% 18.5% 59.6%
2023 21.5% 35.4% 19.1% 60.5%
2024 22% 33.3% 19.5% 58.8%
2025 21.6% 31.2% 18.5% 58.2%

Government deficit by year

In 2024, Djibouti's government deficit, the difference between spending and revenue, was -$184M, equivalent to -4.51% of GDP. This compares to the Dominican Republic's deficit of -$3.84B, or -3.09% of GDP.

Over the past 35 years, Djibouti recorded a fiscal deficit in 33 of those years, while the Dominican Republic ran a deficit in 29 years. On average, Djibouti posted an annual deficit equal to -3.23% of GDP, compared to deficit of -2.01% of GDP for the Dominican Republic.

Deficit/surplus
Djibouti

Dominican Republic
Year Deficit/surplus, % of GDP
Djibouti Dominican Republic
1950 - -3.66%
1951 - -2.58%
1952 - 0%
1953 - 2.79%
1954 - 1.43%
1955 - 1.47%
1956 - -0.05%
1957 - 0.21%
1958 - -1.29%
1959 - -0.29%
1960 - -0.61%
1961 - -3%
1962 - -1.17%
1963 - -0.39%
1964 - -1.36%
1965 - -1.84%
1966 - -2.14%
1967 - -1.68%
1968 - -0.99%
1969 - -0.99%
1970 - -0.68%
1971 - -0.85%
1972 - -1.73%
1973 - -0.53%
1974 - -0.93%
1975 - 1.37%
1976 - -0.22%
1977 - 0.15%
1978 - -0.82%
1979 - -3.26%
1980 - -1.82%
1981 - -1.92%
1982 - -2.4%
1983 - -1.74%
1984 - -0.95%
1985 - -1.27%
1986 - -0.57%
1987 - -0.75%
1988 - -1.68%
1989 - -0.09%
1990 -3.25% 0.39%
1991 -0.86% 0.11%
1992 -6.13% 2.35%
1993 -7.1% -0.16%
1994 -4.97% -0.39%
1995 -5.13% 0.82%
1996 -1.77% 0.14%
1997 -2.86% -0.64%
1998 -3.59% -0.29%
1999 -5.2% -0.79%
2000 -3.97% -0.86%
2001 -3.61% -0.73%
2002 -4.56% -2.28%
2003 -4.13% -4.24%
2004 -3.67% -3.6%
2005 -1.18% -0.71%
2006 0.26% -1.69%
2007 -1.88% 0.28%
2008 0.62% -3.43%
2009 -3.88% -2.9%
2010 -1.04% -2.97%
2011 -1.18% -3.07%
2012 -2.04% -6.26%
2013 -0.34% -4.41%
2014 -6.92% -2.76%
2015 -15.5% -0.03%
2016 -0.76% -3.11%
2017 -0.21% -3.12%
2018 -1.98% -2.17%
2019 -0.98% -3.46%
2020 -2.58% -7.94%
2021 -3.05% -2.92%
2022 -1.48% -3.25%
2023 -3.46% -3.28%
2024 -4.51% -3.09%
2025 -3.05% -3.16%

Inflation comparison by year

Over the past 29 years, Djibouti has recorded an average annual inflation rate of 2.59%, compared with 7.57% in the Dominican Republic. In 2024, inflation was 1.5% in Djibouti and 3.3% in the Dominican Republic.

Inflation
Djibouti

Dominican Republic
Year Inflation
Djibouti Dominican Republic Djibouti Dominican Republic
1996 3.5% 5.4%
1997 2.5% 8.3%
1998 2.2% 4.83%
1999 -0.4% 6.47%
2000 1.2% 7.72%
2001 1.9% 8.88%
2002 1.4% 5.22%
2003 1.6% 27.4%
2004 2.4% 51.5%
2005 3.3% 4.19%
2006 3.5% 7.57%
2007 5.9% 6.14%
2008 8.7% 10.6%
2009 5.6% 1.44%
2010 2.5% 6.33%
2011 5.2% 5.8%
2012 4.2% 3.69%
2013 1.1% 4.83%
2014 1.3% 3%
2015 -0.5% 0.84%
2016 2.4% 1.61%
2017 0.6% 3.28%
2018 0.1% 3.56%
2019 3.3% 1.81%
2020 1.8% 3.78%
2021 1.2% 8.24%
2022 5.2% 8.81%
2023 1.4% 4.79%
2024 2.1% 3.3%
2025 1.5% -

Top exports between countries

Djibouti
Export category Export value
Textiles & consumer goods $1.61M
Dominican Republic
Export category Export value
Machinery & equipment $21K

Balance of trade

Djibouti Dominican Republic
Current account balance
$610M
2024
-$4.17B
2024
Current account balance ranking
57/189
2024
160/189
2024
Current account balance, % of GDP
+14.9%
2024
-3.35%
2024
Goods imports
$4.04B
2024
$29.8B
2024
Goods exports
$4.08B
2024
$13.9B
2024
Service imports
$730M
2024
$6.34B
2024
Service exports
$1.17B
2024
$14.7B
2024
Imports of goods and services, % of GDP
148.3%
2024
29%
2024
Exports of goods and services, % of GDP
160.8%
2024
22.8%
2024

Economic freedom indices

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

Djibouti Dominican Republic
Economic freedom 55.7 64.3
Economic freedom ranking 126/197 72/197
Property rights 30.6 56.3
Government integrity 27.7 38.5
Judicial effectiveness 27.7 58.2
Tax burden 83.5 84.6
Government spending 86.2 89.5
Fiscal health 86.6 77
Business freedom 53.7 75.6
Labor freedom 52.8 53.1
Monetary freedom 70.3 69.4
Trade freedom 49.8 68.8
Investment freedom 50 60
Financial freedom 50 40

Economic freedom by year comparison

The Economic Freedom Index for Djibouti is 55.7, ranking 126/197, compared to 64.3 for the Dominican Republic, ranking 72/197. The chart below displays a comparison of annual changes in economic freedom indexes.

Djibouti
Dominican Republic
Year Economic freedom index
Djibouti Dominican Republic
1995 - 55.8
1996 - 58.1
1997 54.5 53.5
1998 55.9 58.1
1999 57.1 58.1
2000 55.1 59
2001 58.3 59.1
2002 57.8 58.6
2003 55.7 57.8
2004 55.6 54.6
2005 55.2 55.1
2006 53.2 56.3
2007 52.4 56.8
2008 51.2 57.7
2009 51.3 59.2
2010 51 60.3
2011 54.5 60
2012 53.9 60.2
2013 53.9 59.7
2014 55.9 61.3
2015 57.5 61
2016 56 61
2017 46.7 62.9
2018 45.1 61.6
2019 47.1 61
2020 52.9 60.9
2021 56.2 62.1
2022 55.3 63
2023 56.1 62.6
2024 55.8 62.9
2025 55.7 64.3

More economic indicators

Djibouti Dominican Republic
Services, % of GDP
75.5%
2024
59.8%
2024
Industry, % of GDP
15.4%
2024
28.7%
2024
Agriculture, forestry, and fishing, % of GDP
2.58%
2024
4.45%
2024
GNI, Atlas method
$4.14B
2024
$117B
2024
GNI per capita, PPP
$7,850
2024
$26,050
2024
Total reserves including gold
$349M
2024
$13.5B
2024
Total reserves ranking
165/177
2024
71/177
2024
Net foreign direct investment
-$67.8M
2024
-$4.52B
2024
Net inflows of foreign direct investment
$67.8M
2024
$4.48B
2024
Net outflows of foreign direct investment
n/a
-$47.3M
2024
Servicing debt to the IMF, % of GNI
2.52%
2023
4.46%
2023
Poverty at national poverty lines
23%
2020
19%
2024
Gross capital formation, % of GDP
-3.78%
2024
27%
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.