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Economy of Djibouti vs DR Congo compared: GDP & Debt

Updated on by Georank team

Djibouti has a GDP of $4.15B compared to $71B for the DR Congo, ranking 165/197 and 87/197 by economy size, respectively.

Djibouti has $1.38B in government debt (28% of GDP), compared to $13.7B (13.8% of GDP) in the DR Congo.

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 $
DR Congo
GDP, current $

GDP, constant 2015 $
Year GDP
Djibouti DR Congo
Current $ Constant $ Current $ Constant $
1960 - - $3,359,404,118 $19,887,704,764
1961 - - $3,086,746,857 $17,729,615,126
1962 - - $3,779,841,429 $21,488,417,199
1963 - - $6,213,185,743 $22,608,821,152
1964 - - $2,881,545,273 $22,057,115,371
1965 - - $4,043,901,818 $22,277,101,745
1966 - - $4,532,660,182 $23,786,483,499
1967 - - $3,384,063,372 $23,552,010,935
1968 - - $3,909,780,539 $24,572,448,551
1969 - - $5,032,434,970 $26,864,772,331
1970 - - $4,877,684,910 $26,798,938,440
1971 - - $5,594,770,359 $28,408,219,535
1972 - - $6,173,712,814 $28,451,154,444
1973 - - $7,870,239,461 $30,766,303,374
1974 - - $9,596,960,180 $31,729,468,923
1975 - - $10,237,343,174 $30,148,823,861
1976 - - $9,648,583,225 $28,548,222,175
1977 - - $12,344,424,764 $28,765,415,223
1978 - - $15,372,608,002 $27,227,819,920
1979 - - $15,068,422,236 $27,344,923,578
1980 - - $14,394,927,495 $27,945,120,839
1981 - - $12,537,821,038 $28,601,977,632
1982 - - $13,651,667,371 $28,471,072,785
1983 - - $11,006,712,650 $28,872,999,969
1984 - - $7,857,729,193 $30,472,874,270
1985 $340,989,528 - $7,195,042,616 $30,615,441,902
1986 - - $8,095,367,168 $32,059,636,483
1987 $373,371,738 - $7,661,625,473 $32,917,437,726
1988 $395,794,539 - $8,861,299,977 $33,072,275,210
1989 $409,220,087 - $9,021,862,775 $32,653,563,460
1990 $452,328,087 - $9,349,764,580 $30,508,775,959
1991 $462,421,999 - $9,625,436,873 $27,939,616,223
1992 $478,058,305 - $8,227,343,907 $25,005,954,127
1993 $466,048,469 - $10,706,259,937 $21,637,889,528
1994 $491,689,221 - $5,820,382,248 $20,794,012,528
1995 $497,723,961 - $5,643,439,376 $20,939,570,373
1996 $494,004,648 - $5,771,456,952 $20,725,322,417
1997 $502,675,542 - $6,090,838,693 $19,561,171,399
1998 $514,267,869 - $6,217,805,821 $19,243,467,843
1999 $536,080,148 - $4,711,259,427 $18,421,744,665
2000 $551,230,862 - $19,088,046,306 $17,148,631,281
2001 $572,417,441 - $7,438,189,100 $16,788,480,353
2002 $591,122,040 - $8,728,038,525 $17,283,365,331
2003 $622,044,666 - $8,937,567,060 $18,247,400,739
2004 $666,072,102 - $10,297,483,481 $19,476,978,834
2005 $708,633,195 - $12,609,728,573 $20,671,920,926
2006 $768,873,684 - $15,484,044,535 $21,728,037,858
2007 $847,918,929 - $18,374,807,773 $23,581,424,222
2008 $999,105,339 - $22,723,488,723 $25,326,856,011
2009 $1,049,110,685 - $18,607,259,481 $25,470,074,711
2010 $1,128,611,700 - $24,161,641,931 $27,467,694,662
2011 $1,239,144,502 - $26,392,379,642 $29,553,403,849
2012 $1,353,632,942 - $30,029,369,929 $32,115,268,326
2013 $2,044,440,443 $2,107,658,965 $34,891,189,160 $35,206,198,726
2014 $2,220,637,966 $2,259,262,606 $38,352,980,553 $37,777,053,057
2015 $2,424,391,785 $2,424,391,785 $40,179,574,490 $40,179,574,490
2016 $2,604,955,229 $2,597,091,694 $38,600,224,214 $40,337,814,833
2017 $2,762,581,334 $2,738,843,335 $37,537,521,566 $42,048,626,460
2018 $2,913,464,658 $2,869,605,010 $46,659,954,092 $44,601,688,164
2019 $3,088,851,450 $3,028,726,927 $46,845,900,350 $44,849,398,935
2020 $3,144,136,197 $3,065,135,713 $46,691,989,749 $45,197,173,729
2021 $3,392,796,953 $3,200,221,046 $59,067,289,574 $48,103,175,756
2022 $3,562,814,909 $3,365,561,652 $70,422,346,142 $52,582,143,957
2023 $3,898,447,007 $3,594,666,718 $69,843,655,425 $57,069,235,865
2024 $4,152,145,940 $3,845,591,877 $70,962,185,791 $60,565,728,422

Economic indicators

Djibouti DR Congo
Gross domestic product
$4.15B
2024
$71B
2024
GDP rank
165/197
2024
87/197
2024
GDP growth
6.51%
2023-2024
1.6%
2023-2024
GDP per capita
$3,553
2024
$649
2024
GDP per capita rank
133/197
2024
190/197
2024
GDP per capita, PPP
$7,810
2024
$1,821
2024
Government debt
$1.38B
2024
$13.7B
2024
Debt-to-GDP ratio
28%
2026
13.8%
2026
Government debt per person
$1,181
2024
$125.4
2024
Government debt per person rank
138/185
2024
183/185
2024
Average annual personal income after taxes
$2,788
2026
$1,758
2026
Income share by richest 10%
32.3%
2017
35.7%
2020
Income share by poorest 10%
1.9%
2017
2.1%
2020
Government expenditure, % of GDP
20.8%
2026
16.5%
2026
Consumer prices inflation
1.4%
2025-2026
2.89%
2015-2016
Central bank interest rate n/a
25%
2023
Unemployment rate
40%
2017
1.47%
2020
Population
1199623
116492354

GDP per capita in Djibouti vs DR Congo

Djibouti's GDP per capita is $3,553, ranking 133/197, compared to $649 in the DR Congo, ranking 190/197. Adjusted for purchasing power (GDP per capita PPP), Djibouti ranks 143rd at $7,810, while the DR Congo ranks 190th at $1,821.

Djibouti
GDP per capita

GDP per capita, PPP
DR Congo
GDP per capita

GDP per capita, PPP
Year Current $
Djibouti DR Congo
GDP per capita GDP per capita, PPP GDP per capita GDP per capita, PPP
1960 - - $220.1 -
1961 - - $197.1 -
1962 - - $235.1 -
1963 - - $376 -
1964 - - $169.9 -
1965 - - $232 -
1966 - - $252.8 -
1967 - - $183.3 -
1968 - - $205.6 -
1969 - - $257.1 -
1970 - - $242.2 -
1971 - - $270.3 -
1972 - - $290.5 -
1973 - - $361 -
1974 - - $428 -
1975 - - $445 -
1976 - - $408 -
1977 - - $509 -
1978 - - $615 -
1979 - - $582 -
1980 - - $539 -
1981 - - $456 -
1982 - - $482 -
1983 - - $376 -
1984 - - $259.8 -
1985 $847 - $230.1 -
1986 $800 - $250.9 -
1987 $822 - $230.1 -
1988 $817 - $257.7 -
1989 $782 - $254.2 -
1990 $780 - $254.9 $832
1991 $733 - $253.8 $762
1992 $764 - $209.7 $674
1993 $759 - $263.3 $576
1994 $785 - $136.5 $540
1995 $786 - $127 $532
1996 $762 - $127.4 $526
1997 $748 - $132.3 $497
1998 $735 - $131.5 $481
1999 $740 - $96.3 $452
2000 $738 - $378 $417
2001 $742 - $142.7 $404
2002 $743 - $162.4 $410
2003 $765 - $161.5 $428
2004 $806 - $180.7 $456
2005 $844 - $214.5 $484
2006 $898 - $255.4 $508
2007 $970 - $294.1 $550
2008 $1,119 - $353 $584
2009 $1,151 - $280.2 $573
2010 $1,213 - $352 $606
2011 $1,306 - $373 $644
2012 $1,400 - $410 $648
2013 $2,076 $3,762 $460 $761
2014 $2,215 $3,978 $489 $859
2015 $2,376 $4,264 $496 $910
2016 $2,510 $4,432 $460 $950
2017 $2,619 $4,677 $431 $991
2018 $2,718 $5,083 $518 $1,049
2019 $2,837 $5,398 $504 $1,056
2020 $2,845 $5,527 $486 $1,089
2021 $3,026 $5,960 $596 $1,402
2022 $3,133 $6,621 $688 $1,590
2023 $3,381 $7,226 $660 $1,731
2024 $3,553 $7,810 $649 $1,821

Spending and national debt comparison

In 2024, Djibouti's government spending was $913M, accounting for 20.8% of its GDP, while the DR Congo's spent $12.7B, or 16.5% of GDP.

Debt-to-GDP ratio is 28% in Djibouti and 13.8% in the DR Congo, ranking 163/185 and 177/185, respectively.

Djibouti
Government spending

Government debt
DR Congo
Government spending

Government debt
Year % of GDP
Djibouti DR Congo
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% 2.17% -
1997 25% 56% 2.51% -
1998 24% 55.2% 2.78% -
1999 23.5% 58.5% 2.15% -
2000 23.2% 58.1% 2.49% 135%
2001 21% 58.1% 4.26% 185.4%
2002 23.4% 63.7% 4.17% 136%
2003 25.8% 66.3% 9.19% 114.5%
2004 26.7% 65.3% 8.11% 164.1%
2005 26.2% 60.3% 8.28% 112%
2006 23.8% 58.3% 8.45% 107.5%
2007 26.6% 56.6% 8.78% 85.1%
2008 28.8% 59.3% 10.1% 80.3%
2009 31% 29.5% 12.4% 91.6%
2010 26.6% 27.9% 15.4% 31.8%
2011 25.3% 25.7% 13.7% 29.3%
2012 26.5% 25% 13.4% 25.1%
2013 26.8% 24.6% 11.9% 23.8%
2014 29% 26.9% 12.9% 22.8%
2015 42% 40.3% 15.2% 25.5%
2016 25.9% 45.9% 13.9% 33%
2017 23.9% 48% 10.4% 23.2%
2018 25.9% 47.5% 11.7% 19.3%
2019 24.9% 41.1% 13.4% 19.4%
2020 25.8% 42.1% 12.6% 24.9%
2021 23.1% 40.3% 14.4% 24.7%
2022 21% 38.3% 18.2% 22.6%
2023 21.5% 35.4% 17.2% 25.1%
2024 22% 33.3% 17.8% 19.3%
2025 21.6% 31.2% 17.4% 16.3%
2026 20.8% 28% 16.5% 13.8%

Government deficit by year

In 2024, Djibouti's government deficit, the difference between spending and revenue, was -$187M, equivalent to -4.51% of GDP. This compares to the DR Congo's deficit of -$1.43B, or -2.02% of GDP.

Over the past 29 years, Djibouti recorded a fiscal deficit in 27 of those years, while the DR Congo ran a deficit in 19 years. On average, Djibouti posted an annual deficit equal to -2.95% of GDP, compared to deficit of -0.57% of GDP for the DR Congo.

Deficit/surplus
Djibouti

DR Congo
Year Deficit/surplus, % of GDP
Djibouti DR Congo
1990 -3.25% -
1991 -0.86% -
1992 -6.13% -
1993 -7.1% -
1994 -4.97% -
1995 -5.13% -
1996 -1.77% -0.56%
1997 -2.86% -1.06%
1998 -3.59% -1.55%
1999 -5.2% -1.35%
2000 -3.97% -1.85%
2001 -3.61% -1.27%
2002 -4.56% 0.72%
2003 -4.13% -4.24%
2004 -3.67% -1.09%
2005 -1.18% 0.61%
2006 0.26% 0.99%
2007 -1.88% 0.41%
2008 0.62% -0.41%
2009 -3.88% 0.92%
2010 -1.04% -0.97%
2011 -1.18% -0.96%
2012 -2.04% 1.71%
2013 -0.34% 1.76%
2014 -6.92% 4.36%
2015 -15.5% 0.66%
2016 -0.76% -0.48%
2017 -0.21% 0.24%
2018 -1.98% -1.17%
2019 -0.98% -2.63%
2020 -2.58% -3.19%
2021 -3.05% -1.4%
2022 -1.48% -0.91%
2023 -3.46% -1.73%
2024 -4.51% -2.02%
2025 -3.05% -2.58%
2026 -2.67% -1.8%

Inflation comparison by year

Over the past 20 years, Djibouti has recorded an average annual inflation rate of 2.8%, compared with 77.2% in the DR Congo. In 2016, inflation was 1.4% in Djibouti and 2.89% in the DR Congo.

Inflation
Djibouti

DR Congo
Year Inflation
Djibouti DR Congo
1997 2.5% 198.5%
1998 2.2% 29.1%
1999 -0.4% 284.9%
2000 1.2% 514%
2001 1.9% 360%
2002 1.4% 31.5%
2003 1.6% 12.9%
2004 2.4% 3.99%
2005 3.3% 21.3%
2006 3.5% 13.1%
2007 5.9% 16.9%
2008 8.7% 17.3%
2009 5.6% 2.8%
2010 2.5% 7.1%
2011 5.2% 15.3%
2012 4.2% 9.72%
2013 1.1% 0.81%
2014 1.3% 1.24%
2015 -0.5% 0.74%
2016 2.4% 2.89%
2017 0.6% -
2018 0.1% -
2019 3.3% -
2020 1.8% -
2021 1.2% -
2022 5.2% -
2023 1.4% -
2024 2.1% -
2025 1.5% -
2026 1.4% -

Top exports between countries

Djibouti
Export category Export value
Machinery & equipment $376K
Miscellaneous $2K
DR Congo
Export category Export value
Textiles & consumer goods $22K
Chemicals & pharma $2K
Wood & paper products $2K
Precious metals & jewellery $1K

Balance of trade

Djibouti DR Congo
Current account balance
$610M
2024
-$2.72B
2024
Current account balance ranking
59/190
2024
153/190
2024
Current account balance, % of GDP
+14.7%
2024
-3.83%
2024
Goods imports
$4.04B
2024
$31B
2024
Goods exports
$4.08B
2024
$34.9B
2024
Service imports
$730M
2024
$6.14B
2024
Service exports
$1.17B
2024
$322M
2024
Imports of goods and services, % of GDP
114.8%
2024
51.8%
2024
Exports of goods and services, % of GDP
126.4%
2024
48.8%
2024

Economic freedom indices

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

Djibouti DR Congo
Economic freedom 55.7 47.3
Economic freedom ranking 126/197 177/197
Property rights 30.6 15.6
Government integrity 27.7 11.7
Judicial effectiveness 27.7 12
Tax burden 83.5 74.2
Government spending 86.2 92.4
Fiscal health 86.6 97
Business freedom 53.7 32.8
Labor freedom 52.8 54.4
Monetary freedom 70.3 59.4
Trade freedom 49.8 68.2
Investment freedom 50 30
Financial freedom 50 20

Economic freedom by year comparison

The Economic Freedom Index for Djibouti is 55.7, ranking 126/197, compared to 47.3 for the DR Congo, ranking 177/197. The chart below displays a comparison of annual changes in economic freedom indexes.

Djibouti
DR Congo
Year Economic freedom index
Djibouti DR Congo
1995 - 41.4
1996 - 39.5
1997 54.5 39.5
1998 55.9 40.6
1999 57.1 34
2000 55.1 34.8
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 42.8
2010 51 41.4
2011 54.5 40.7
2012 53.9 41.1
2013 53.9 39.6
2014 55.9 40.6
2015 57.5 45
2016 56 46.4
2017 46.7 56.4
2018 45.1 52.1
2019 47.1 50.3
2020 52.9 49.5
2021 56.2 49
2022 55.3 47.6
2023 56.1 47.9
2024 55.8 47.6
2025 55.7 47.3

More economic indicators

Djibouti DR Congo
Services, % of GDP
76.1%
2024
46.6%
2024
Industry, % of GDP
15.9%
2024
39.9%
2024
Agriculture, forestry, and fishing, % of GDP
2.51%
2024
9.64%
2024
GNI, Atlas method
$4.25B
2024
$72.7B
2024
GNI per capita, PPP
$8,030
2024
$1,760
2024
Total reserves including gold
$349M
2024
$5.1B
2023
Total reserves ranking
165/177
2024
99/177
2023
Net foreign direct investment
-$67.8M
2024
-$2.92B
2024
Net inflows of foreign direct investment
$67.8M
2024
$2.92B
2024
Net outflows of foreign direct investment
$0
2024
$198M
2024
Servicing debt to the IMF, % of GNI
3.27%
2024
0.69%
2024
Poverty at national poverty lines
23%
2020
56.2%
2020
Gross capital formation, % of GDP
0.25%
2024
32.5%
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.