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Economy of Djibouti vs Estonia compared: GDP & Debt

Updated on by Georank team

Djibouti has a GDP of $4.15B compared to $43.1B for Estonia, ranking 165/197 and 100/197 by economy size, respectively.

Djibouti has $1.36B in government debt (32.9% of GDP), compared to $10.1B (23.4% of GDP) in Estonia.

Djibouti vs Estonia GDP by year

Djibouti
Estonia
1x
Year GDP, current $
Djibouti Estonia
2024 $4,152,145,940 $43,130,419,829
2023 $3,898,447,007 $41,470,344,395
2022 $3,562,814,909 $38,226,641,740
2021 $3,392,796,953 $37,201,101,171
2020 $3,144,136,197 $31,820,771,494
2019 $3,088,851,450 $31,873,748,770
2018 $2,913,464,658 $31,222,632,741
2017 $2,762,581,334 $27,469,461,919
2016 $2,604,955,229 $24,561,027,788
2015 $2,424,391,785 $23,311,847,751
2014 $2,220,637,966 $27,055,689,003
2013 $2,044,440,443 $25,451,032,781
2012 $1,353,632,942 $23,237,406,116
2011 $1,239,144,502 $23,303,915,795
2010 $1,128,611,700 $19,524,355,419
2009 $1,049,110,685 $19,633,984,440
2008 $999,105,339 $24,342,935,404
2007 $847,918,929 $22,450,264,166
2006 $768,873,684 $17,025,671,810
2005 $708,633,195 $14,109,491,357
2004 $666,072,102 $12,148,595,031
2003 $622,044,666 $9,876,595,528
2002 $591,122,040 $7,370,119,619
2001 $572,417,441 $6,250,218,423
2000 $551,230,862 $5,686,579,748
1999 $536,080,148 $5,756,912,266
1998 $514,267,869 $5,674,080,543
1997 $502,675,542 $5,154,420,649
1996 $494,004,648 $4,786,018,988
1995 $497,723,961 $4,502,970,889
1994 $491,689,221 $4,123,011,420
1993 $466,048,469 $4,013,091,682
1992 $478,058,305 -
1991 $462,421,999 -
1990 $452,328,087 -
1989 $409,220,087 -
1988 $395,794,539 -
1987 $373,371,738 -
1986 - -
1985 $340,989,528 -

Data sources: World Bank | Economy & Growth (1985–2024, retrieved 2026-04-06).

GeoRank.org/economy/djibouti/estonia | CC BY

GDP per capita in Djibouti vs Estonia by year

Djibouti
GDP per capita

GDP per capita, PPP
Estonia
GDP per capita

GDP per capita, PPP
1x
Year Current $
Djibouti Estonia
GDP per capita GDP per capita, PPP GDP per capita GDP per capita, PPP
2024 $3,553 $7,810 $31,428 $49,969
2023 $3,381 $7,226 $30,264 $48,637
2022 $3,133 $6,621 $28,340 $48,218
2021 $3,026 $5,960 $27,951 $44,252
2020 $2,845 $5,527 $23,934 $40,672
2019 $2,837 $5,398 $24,021 $40,586
2018 $2,718 $5,083 $23,618 $37,121
2017 $2,619 $4,677 $20,852 $34,507
2016 $2,510 $4,432 $18,666 $31,948
2015 $2,376 $4,264 $17,722 $29,713
2014 $2,215 $3,978 $20,582 $29,404
2013 $2,076 $3,762 $19,310 $27,831
2012 $1,400 - $17,568 $26,243
2011 $1,306 - $17,556 $24,652
2010 $1,213 - $14,664 $21,614
2009 $1,151 - $14,712 $20,489
2008 $1,119 - $18,206 $22,804
2007 $970 - $16,745 $22,201
2006 $898 - $12,641 $19,344
2005 $844 - $10,415 $16,638
2004 $806 - $8,916 $14,538
2003 $765 - $7,205 $13,135
2002 $743 - $5,343 $11,667
2001 $742 - $4,503 $10,309
2000 $738 - $4,071 $9,425
1999 $740 - $4,141 $8,412
1998 $735 - $4,093 $8,451
1997 $748 - $3,683 $7,980
1996 $762 - $3,381 $6,892
1995 $786 - $3,134 $6,480
1994 $785 - $2,819 $5,967
1993 $759 - $2,686 $5,814
1992 $764 - - $5,872
1991 $733 - - $7,151
1990 $780 - - $7,481
1989 $782 - - -
1988 $817 - - -
1987 $822 - - -
1986 - - - -
1985 $847 - - -

Data sources: World Bank | Economy & Growth (1985–2024, retrieved 2026-04-06).

GeoRank.org/economy/djibouti/estonia | CC BY

Djibouti's GDP per capita is $3,553, ranking 133/197, compared to $31,428 in Estonia, ranking 40/197. Adjusted for purchasing power (GDP per capita PPP), Djibouti ranks 143rd at $7,810, while Estonia ranks 45th at $49,969.

Economic indicators

Djibouti Estonia
Gross domestic product
$4.15B
2024
$43.1B
2024
GDP rank
165/197
2024
100/197
2024
GDP growth
6.98%
2023-2024
-0.09%
2023-2024
GDP per capita
$3,553
2024
$31,428
2024
GDP per capita rank
133/197
2024
40/197
2024
GDP per capita, PPP
$7,810
2024
$49,969
2024
GDP per capita PPP rank
143/197
2024
45/197
2024
Government debt
$1.36B
2024
$10.1B
2024
Debt-to-GDP ratio
32.9%
2024
23.4%
2024
Government debt per person
$1,167
2024
$7,356
2024
Government debt per person rank
137/185
2024
65/185
2024
Average annual personal income after taxes
$2,690
2026
$23,740
2026
Number of billionaires n/a
2
2025
Income share by richest 10%
32.3%
2017
23.7%
2023
Income share by poorest 10%
1.9%
2017
3.1%
2023
Government expenditure, % of GDP
20.6%
2024
43.6%
2024
Consumer prices inflation
2.1%
2023-2024
3.52%
2023-2024
Unemployment rate
40%
2017
7.5%
2024
Population
1203929
1339590

Spending and national debt comparison by year

Djibouti
Spending

Debt
Estonia
Spending

Debt
1x
Year % of GDP
Djibouti Estonia
Government spending Government debt Government spending Government debt
2024 20.6% 32.9% 43.6% 23.4%
2023 21.5% 35.4% 43.5% 20.1%
2022 21% 38.3% 40.1% 19.2%
2021 23.1% 40.3% 42.1% 18.4%
2020 25.8% 42.1% 44.7% 19.1%
2019 24.9% 41.1% 39.1% 9.05%
2018 25.9% 47.5% 38.8% 8.51%
2017 23.9% 48% 38.9% 9.43%
2016 25.9% 45.9% 38.9% 10.2%
2015 42% 40.3% 39.3% 10.8%
2014 29% 26.9% 37.6% 11.6%
2013 26.8% 24.6% 38.3% 11.4%
2012 26.5% 25% 39.4% 11.1%
2011 25.3% 25.7% 37.6% 7.6%
2010 26.6% 27.9% 40.7% 7.99%
2009 31% 29.5% 46.1% 7.98%
2008 28.8% 59.3% 39.5% 4.67%
2007 26.6% 56.6% 33.8% 3.91%
2006 23.8% 58.3% 33.5% 4.72%
2005 26.2% 60.3% 33.7% 4.73%
2004 26.7% 65.3% 34.1% 5.16%
2003 25.8% 66.3% 35% 5.6%
2002 23.4% 63.7% 35.9% 5.66%
2001 21% 58.1% 35.3% 4.93%
2000 23.2% 58.1% 36.4% 5.11%
1999 23.5% 58.5% 40.7% 5.93%
1998 24% 55.2% 38.9% 5.4%
1997 25% 56% 35.8% 6.03%
1996 23.7% 53.1% 38.6% 7.3%
1995 27% 50.9% 39.5% 8.66%
1994 30.9% - - -
1993 35.3% - - -
1992 34.9% - - -
1991 27.7% - - -
1990 30.2% - - -

Data sources: International Monetary Fund (IMF) | Fiscal Monitor (1990–2024, retrieved 2026-02-20); International Monetary Fund (IMF) | Public Finances in Modern History (1995–2008, retrieved 2026-02-20).

GeoRank.org/economy/djibouti/estonia | CC BY

In 2024, Djibouti's government spending was $856M, accounting for 20.6% of its GDP, while Estonia spent $18.8B, or 43.6% of GDP.

Debt-to-GDP ratio is 32.9% in Djibouti and 23.4% in Estonia, ranking 149/185 and 171/185, respectively.

Government deficit by year

Deficit/surplus
Djibouti

Estonia
1x
Year Deficit/surplus, % of GDP
Djibouti Estonia
2024 -2.6% -1.51%
2023 -3.46% -3.13%
2022 -1.48% -1.08%
2021 -3.05% -2.57%
2020 -2.58% -5.42%
2019 -0.98% -0.11%
2018 -1.98% -1.15%
2017 -0.21% -1.07%
2016 -0.76% -0.62%
2015 -15.5% -0.24%
2014 -6.92% 0.42%
2013 -0.34% -0.66%
2012 -2.04% -0.86%
2011 -1.18% 0.09%
2010 -1.04% -1.09%
2009 -3.88% -3.43%
2008 0.62% -2.92%
2007 -1.88% 2.5%
2006 0.26% 2.71%
2005 -1.18% 1.07%
2004 -3.67% 2.29%
2003 -4.13% 1.67%
2002 -4.56% 0.29%
2001 -3.61% 0.4%
2000 -3.97% -0.11%
1999 -5.2% -3.42%
1998 -3.59% 0.65%
1997 -2.86% 2.98%
1996 -1.77% -0.93%
1995 -5.13% -0.26%
1994 -4.97% -
1993 -7.1% -
1992 -6.13% -
1991 -0.86% -
1990 -3.25% -

Data sources: International Monetary Fund (IMF) | Fiscal Monitor (1990–2024, retrieved 2026-02-20).

GeoRank.org/economy/djibouti/estonia | CC BY

In 2024, Djibouti's government deficit, the difference between spending and revenue, was $108M, equivalent to 2.6% of GDP. This compares to Estonia's deficit of $651M, or 1.51% of GDP.

Over the past 30 years, Djibouti recorded a fiscal deficit in 28 of those years, while Estonia ran a deficit in 19 years. On average, Djibouti posted an annual deficit equal to 2.96% of GDP, compared to deficit of 0.52% of GDP for Estonia.

Inflation comparison by year

Inflation
Djibouti

Estonia
1x
Year Consumer prices inflation
Djibouti Estonia
2024 2.1% 3.52%
2023 1.4% 9.16%
2022 5.2% 19.4%
2021 1.2% 4.65%
2020 1.8% -0.44%
2019 3.3% 2.28%
2018 0.1% 3.44%
2017 0.6% 3.42%
2016 2.4% 0.15%
2015 -0.5% -0.49%
2014 1.3% -0.11%
2013 1.1% 2.78%
2012 4.2% 3.93%
2011 5.2% 4.98%
2010 2.5% 2.97%
2009 5.6% -0.08%
2008 8.7% 10.4%
2007 5.9% 6.6%
2006 3.5% 4.44%
2005 3.3% 4.08%
2004 2.4% 3.05%
2003 1.6% 1.33%
2002 1.4% 3.57%
2001 1.9% 5.75%
2000 1.2% 4.02%
1999 -0.4% 3.3%
1998 2.2% 8.21%
1997 2.5% 10.6%

Data sources: International Monetary Fund (IMF) | World Economic Outlook (1997–2024, retrieved 2026-02-20); World Bank | Economy & Growth (1997–2024, retrieved 2026-04-06).

GeoRank.org/economy/djibouti/estonia | CC BY

Over the past 28 years, Djibouti has recorded an average annual inflation rate of 2.56%, compared with 4.46% in Estonia. In 2024, inflation was 2.1% in Djibouti and 3.52% in Estonia.

Top exports between countries

Djibouti
Export category Export value
Processed food, beverages & tobacco $1.36M
Raw agricultural goods $214K
Chemicals & pharma $130K
Estonia
Export category Export value
Metals $88K
Processed food, beverages & tobacco $84K
Machinery & equipment $35K
Chemicals & pharma $5K
Textiles & consumer goods $2K

Balance of trade

Djibouti Estonia
Current account balance
$610M
2024
-$543M
2024
Current account balance ranking
59/190
2024
107/190
2024
Current account balance, % of GDP
+14.7%
2024
-1.26%
2024
Goods imports
$4.04B
2024
$22.1B
2024
Goods exports
$4.08B
2024
$19B
2024
Service imports
$730M
2024
$10.4B
2024
Service exports
$1.17B
2024
$13.6B
2024
Imports of goods and services, % of GDP
114.8%
2024
75.4%
2024
Exports of goods and services, % of GDP
126.4%
2024
75.7%
2024

Economic freedom indices

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

Djibouti Estonia
Economic freedom 56.3 78.7
Economic freedom ranking 122/197 10/197
Property rights 30.4 93.6
Government integrity 27.9 86.3
Judicial effectiveness 28.6 92.4
Tax burden 83.5 77.9
Government spending 86.7 46
Fiscal health 87.7 93.1
Business freedom 52.9 82.8
Labor freedom 57.5 59
Monetary freedom 70.6 73.9
Trade freedom 49.8 79.4
Investment freedom 50 90
Financial freedom 50 70

Economic freedom comparison by year

Djibouti
Estonia
1x
Year Economic freedom index
Djibouti Estonia
2026 56.3 78.7
2025 55.7 78.9
2024 55.8 77.8
2023 56.1 78.6
2022 55.3 80
2021 56.2 78.2
2020 52.9 77.7
2019 47.1 76.6
2018 45.1 78.8
2017 46.7 79.1
2016 56 77.2
2015 57.5 76.8
2014 55.9 75.9
2013 53.9 75.3
2012 53.9 73.2
2011 54.5 75.2
2010 51 74.7
2009 51.3 76.4
2008 51.2 77.9
2007 52.4 78
2006 53.2 74.9
2005 55.2 75.2
2004 55.6 77.4
2003 55.7 77.7
2002 57.8 77.6
2001 58.3 76.1
2000 55.1 69.9
1999 57.1 73.8
1998 55.9 72.5
1997 54.5 69.1
1996 - 65.4
1995 - 65.2

Data sources: The Heritage Foundation | Economic Freedom Index (1995–2026, retrieved 2026-03-09).

GeoRank.org/economy/djibouti/estonia | CC BY

The Economic Freedom Index for Djibouti is 56.3, ranking 122/197, compared to 78.7 for Estonia, ranking 10/197. The chart above displays a comparison of annual changes in economic freedom indexes.

Other economic metrics

Djibouti Estonia
Services, % of GDP
76.1%
2024
65.7%
2024
Industry, % of GDP
15.9%
2024
20.1%
2024
Agriculture, forestry, and fishing, % of GDP
2.51%
2024
1.77%
2024
GNI, Atlas method
$4.25B
2024
$39.6B
2024
GNI per capita, PPP
$8,030
2024
$48,880
2024
Total reserves including gold
$349M
2024
$2.07B
2024
Total reserves ranking
165/177
2024
125/177
2024
Net foreign direct investment
-$67.8M
2024
-$285M
2024
Net inflows of foreign direct investment
$67.8M
2024
-$3.44B
2024
Net outflows of foreign direct investment
$0
2024
-$3.72B
2024
Servicing debt to the IMF, % of GNI
3.27%
2024
n/a
Poverty at national poverty lines
23%
2020
22.5%
2022
Gross capital formation, % of GDP
0.25%
2024
24.6%
2024

GDP per capita map

1x

Data sources: World Bank | Economy & Growth (1985–2024, retrieved 2026-04-06); U.S. Census Bureau (1985–2024, retrieved 2026-02-08).

GeoRank.org/economy/djibouti/estonia | CC BY

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Data sources:

  1. World Bank | Economy & Growth (1985–2024, retrieved 2026-04-06)
  2. International Monetary Fund (IMF) | Fiscal Monitor (1990–2024, retrieved 2026-02-20)
  3. The Heritage Foundation | Economic Freedom Index (1995–2026, retrieved 2026-03-09)
  4. U.S. Census Bureau (1985–2024, retrieved 2026-02-08)
  5. International Monetary Fund (IMF) | Public Finances in Modern History (1995–2008, retrieved 2026-02-20)
  6. TradeMap (2021–2024, retrieved 2026-02-08)
  7. Central Intelligence Agency (CIA) (2017–2020, retrieved 2026-02-20)
  8. United Nations | World Population Prospects (2026, retrieved 2026-03-10)
  9. LivingCost (2026, retrieved 2025-10-14)

Creative Commons Attribution (CC BY) — you’re free to copy, share, remix, adapt, and use even commercially as long as you give appropriate credit and clearly indicate if you made changes. Other sources may be subject to different license terms.

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.