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Economy of Djibouti vs Finland compared: GDP & Debt

Updated on by Georank team

Djibouti has a GDP of $4.15B compared to $299B for Finland, ranking 165/197 and 47/197 by economy size, respectively.

Djibouti has $1.36B in government debt (32.9% of GDP), compared to $245B (82.1% of GDP) in Finland.

Djibouti vs Finland GDP by year

Djibouti
Finland
1x
Year GDP, current $
Djibouti Finland
2024 $4,152,145,940 $298,696,961,298
2023 $3,898,447,007 $295,021,982,463
2022 $3,562,814,909 $280,253,099,309
2021 $3,392,796,953 $294,223,210,496
2020 $3,144,136,197 $270,000,311,606
2019 $3,088,851,450 $267,014,821,129
2018 $2,913,464,658 $273,869,255,596
2017 $2,762,581,334 $253,846,138,440
2016 $2,604,955,229 $238,777,818,793
2015 $2,424,391,785 $233,210,733,506
2014 $2,220,637,966 $273,478,528,955
2013 $2,044,440,443 $270,268,036,626
2012 $1,353,632,942 $257,443,384,493
2011 $1,239,144,502 $275,126,915,516
2010 $1,128,611,700 $249,429,613,683
2009 $1,049,110,685 $253,480,783,439
2008 $999,105,339 $285,698,662,071
2007 $847,918,929 $256,360,251,538
2006 $768,873,684 $217,044,068,234
2005 $708,633,195 $204,859,368,791
2004 $666,072,102 $197,458,297,640
2003 $622,044,666 $171,612,867,736
2002 $591,122,040 $140,360,963,812
2001 $572,417,441 $129,519,672,869
2000 $551,230,862 $125,967,821,111
1999 $536,080,148 $135,234,241,918
1998 $514,267,869 $133,990,876,725
1997 $502,675,542 $126,862,902,302
1996 $494,004,648 $131,991,975,149
1995 $497,723,961 $134,060,457,516
1994 $491,689,221 $103,182,697,780
1993 $466,048,469 $89,112,105,756
1992 $478,058,305 $112,537,828,511
1991 $462,421,999 $127,794,441,994
1990 $452,328,087 $141,446,120,355
1989 $409,220,087 $118,991,270,611
1988 $395,794,539 $109,039,090,263
1987 $373,371,738 $91,564,993,913
1986 - $73,511,611,541
1985 $340,989,528 $55,856,676,899
1984 - $52,870,993,273
1983 - $50,956,447,481
1982 - $52,784,013,815
1981 - $52,440,066,134
1980 - $53,649,984,061
1979 - $44,469,218,440
1978 - $36,259,392,058
1977 - $33,502,784,418
1976 - $31,852,352,670
1975 - $29,475,251,333
1974 - $24,851,036,710
1973 - $19,474,098,335
1972 - $14,744,499,570
1971 - $12,528,522,307
1970 - $11,358,529,162
1969 - $10,177,524,839
1968 - $8,916,565,041
1967 - $9,468,272,357
1966 - $9,306,142,172
1965 - $8,680,393,839
1964 - $7,848,987,793
1963 - $6,958,916,548
1962 - $6,407,796,043
1961 - $5,984,433,774
1960 - $5,279,481,824

Data sources: World Bank | Economy & Growth (1960–2024, retrieved 2026-04-06).

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

GDP per capita in Djibouti vs Finland by year

Djibouti
GDP per capita

GDP per capita, PPP
Finland
GDP per capita

GDP per capita, PPP
1x
Year Current $
Djibouti Finland
GDP per capita GDP per capita, PPP GDP per capita GDP per capita, PPP
2024 $3,553 $7,810 $53,150 $65,378
2023 $3,381 $7,226 $52,834 $63,415
2022 $3,133 $6,621 $50,441 $62,133
2021 $3,026 $5,960 $53,099 $56,790
2020 $2,845 $5,527 $48,829 $53,297
2019 $2,837 $5,398 $48,358 $52,276
2018 $2,718 $5,083 $49,654 $49,249
2017 $2,619 $4,677 $46,085 $47,235
2016 $2,510 $4,432 $43,451 $44,562
2015 $2,376 $4,264 $42,560 $42,258
2014 $2,215 $3,978 $50,074 $41,547
2013 $2,076 $3,762 $49,691 $41,326
2012 $1,400 - $47,552 $40,739
2011 $1,306 - $51,060 $40,846
2010 $1,213 - $46,506 $38,946
2009 $1,151 - $47,478 $37,988
2008 $1,119 - $53,769 $40,081
2007 $970 - $48,473 $37,843
2006 $898 - $41,214 $34,440
2005 $844 - $39,050 $32,048
2004 $806 - $37,768 $31,195
2003 $765 - $32,920 $29,043
2002 $743 - $26,989 $28,596
2001 $742 - $24,965 $27,798
2000 $738 - $24,336 $26,783
1999 $740 - $26,180 $24,762
1998 $735 - $26,000 $23,570
1997 $748 - $24,682 $21,787
1996 $762 - $25,757 $20,067
1995 $786 - $26,246 $19,568
1994 $785 - $20,278 $18,458
1993 $759 - $17,589 $17,458
1992 $764 - $22,320 $17,271
1991 $733 - $25,489 $17,563
1990 $780 - $28,366 $18,149
1989 $782 - $23,969 -
1988 $817 - $22,044 -
1987 $822 - $18,565 -
1986 - - $14,947 -
1985 $847 - $11,394 -
1984 - - $10,830 -
1983 - - $10,494 -
1982 - - $10,935 -
1981 - - $10,925 -
1980 - - $11,225 -
1979 - - $9,333 -
1978 - - $7,629 -
1977 - - $7,070 -
1976 - - $6,740 -
1975 - - $6,256 -
1974 - - $5,298 -
1973 - - $4,174 -
1972 - - $3,178 -
1971 - - $2,716 -
1970 - - $2,466 -
1969 - - $2,201 -
1968 - - $1,927 -
1967 - - $2,056 -
1966 - - $2,032 -
1965 - - $1,902 -
1964 - - $1,726 -
1963 - - $1,538 -
1962 - - $1,427 -
1961 - - $1,341 -
1960 - - $1,192 -

Data sources: World Bank | Economy & Growth (1960–2024, retrieved 2026-04-06).

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

Djibouti's GDP per capita is $3,553, ranking 133/197, compared to $53,150 in Finland, ranking 23/197. Adjusted for purchasing power (GDP per capita PPP), Djibouti ranks 143rd at $7,810, while Finland ranks 27th at $65,378.

Economic indicators

Djibouti Finland
Gross domestic product
$4.15B
2024
$299B
2024
GDP rank
165/197
2024
47/197
2024
GDP growth
6.98%
2023-2024
0.42%
2023-2024
GDP per capita
$3,553
2024
$53,150
2024
GDP per capita rank
133/197
2024
23/197
2024
GDP per capita, PPP
$7,810
2024
$65,378
2024
GDP per capita PPP rank
143/197
2024
27/197
2024
Government debt
$1.36B
2024
$245B
2024
Debt-to-GDP ratio
32.9%
2024
82.1%
2024
Government debt per person
$1,167
2024
$43,662
2024
Government debt per person rank
137/185
2024
12/185
2024
Average annual personal income after taxes
$2,690
2026
$36,394
2026
Market capitalization of domestic companies n/a
$20.3B
2004
Number of billionaires n/a
7
2025
Income share by richest 10%
32.3%
2017
22.5%
2023
Income share by poorest 10%
1.9%
2017
3.7%
2023
Government expenditure, % of GDP
20.6%
2024
57.7%
2024
Consumer prices inflation
2.1%
2023-2024
1.57%
2023-2024
Unemployment rate
40%
2017
8.34%
2024
Population
1203929
5631965

Spending and national debt comparison by year

Djibouti
Spending

Debt
Finland
Spending

Debt
1x
Year % of GDP
Djibouti Finland
Government spending Government debt Government spending Government debt
2024 20.6% 32.9% 57.7% 82.1%
2023 21.5% 35.4% 55.9% 77.5%
2022 21% 38.3% 52.6% 74%
2021 23.1% 40.3% 55.2% 73.2%
2020 25.8% 42.1% 56.5% 75.3%
2019 24.9% 41.1% 52.6% 65.3%
2018 25.9% 47.5% 52.7% 65.3%
2017 23.9% 48% 52.8% 66.6%
2016 25.9% 45.9% 55.1% 68.6%
2015 42% 40.3% 55.7% 68.8%
2014 29% 26.9% 57.6% 64.8%
2013 26.8% 24.6% 57.1% 60.8%
2012 26.5% 25% 55.7% 57.9%
2011 25.3% 25.7% 53.8% 52%
2010 26.6% 27.9% 54% 50.1%
2009 31% 29.5% 54.1% 41.5%
2008 28.8% 59.3% 47.9% 32.6%
2007 26.6% 56.6% 46.7% 33.9%
2006 23.8% 58.3% 48.3% 38%
2005 26.2% 60.3% 49.2% 39.9%
2004 26.7% 65.3% 48.2% 42.6%
2003 25.8% 66.3% 48.3% 42.7%
2002 23.4% 63.7% 47.5% 40.1%
2001 21% 58.1% 46.2% 40.9%
2000 23.2% 58.1% 46.9% 42.4%
1999 23.5% 58.5% 49.9% 44%
1998 24% 55.2% 51.3% 46.8%
1997 25% 56% 54.9% 52.2%
1996 23.7% 53.1% 58.5% 55.4%
1995 27% 50.9% 60% 55.2%
1994 30.9% - 62.2% 56.2%
1993 35.3% - 63.7% 54.2%
1992 34.9% - 60.8% 39.3%
1991 27.7% - 55.8% 21.9%
1990 30.2% - 47.1% 13.9%
1989 - - 44.4% 14.3%
1988 - - 46.4% 16.5%
1987 - - 47.8% 17.6%
1986 - - 46.9% 16.4%
1985 - - 46.3% 15.8%
1984 - - 44.4% 15.2%
1983 - - 44.4% 15.4%
1982 - - 42.7% 13.9%
1981 - - 41% 11.5%
1980 - - 40.1% 10.9%
1979 - - 40.3% 11%
1978 - - 41.3% 10.7%
1977 - - 41.7% 8.22%
1976 - - 39.8% 7.09%
1975 - - 38.6% 6.76%
1974 - - 22.9% 2.97%
1973 - - 21.8% 4.42%
1972 - - 20.4% 6.46%
1971 - - 22.8% 7.94%
1970 - - 21.9% 9.19%
1969 - - 22.2% 10.8%
1968 - - 25.5% 13.9%
1967 - - 23.5% 14.2%
1966 - - 23.3% 13.7%
1965 - - 23.2% 13%
1964 - - 22.8% 12.5%
1963 - - 21.6% 12.2%
1962 - - 23.9% 10.3%
1961 - - 22.7% 9.12%
1960 - - 22.5% 9.96%

Data sources: International Monetary Fund (IMF) | Fiscal Monitor (1990–2024, retrieved 2026-02-20); International Monetary Fund (IMF) | Public Finances in Modern History (1960–2008, retrieved 2026-02-20).

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

In 2024, Djibouti's government spending was $856M, accounting for 20.6% of its GDP, while Finland spent $172B, or 57.7% of GDP.

Debt-to-GDP ratio is 32.9% in Djibouti and 82.1% in Finland, ranking 149/185 and 42/185, respectively.

Government deficit by year

Deficit/surplus
Djibouti

Finland
1x
Year Deficit/surplus, % of GDP
Djibouti Finland
2024 -2.6% -4.41%
2023 -3.46% -2.98%
2022 -1.48% -0.18%
2021 -3.05% -2.69%
2020 -2.58% -5.53%
2019 -0.98% -0.93%
2018 -1.98% -0.87%
2017 -0.21% -0.63%
2016 -0.76% -1.7%
2015 -15.5% -2.43%
2014 -6.92% -2.99%
2013 -0.34% -2.52%
2012 -2.04% -2.15%
2011 -1.18% -1.01%
2010 -1.04% -2.57%
2009 -3.88% -2.48%
2008 0.62% 4.18%
2007 -1.88% 5.12%
2006 0.26% 3.93%
2005 -1.18% 2.59%
2004 -3.67% 2.16%
2003 -4.13% 2.34%
2002 -4.56% 3.97%
2001 -3.61% 4.89%
2000 -3.97% 6.73%
1999 -5.2% 1.6%
1998 -3.59% 1.54%
1997 -2.86% -1.33%
1996 -1.77% -3.37%
1995 -5.13% -5.98%
1994 -4.97% -6.41%
1993 -7.1% -8.09%
1992 -6.13% -4.88%
1991 -0.86% 0.3%
1990 -3.25% 6.63%
1989 - 6.73%
1988 - 5.09%
1987 - 1.63%
1986 - 3.83%
1985 - 3.33%
1984 - 3.23%
1983 - 1.52%
1982 - 3.06%
1981 - 5.11%
1980 - 3.7%
1979 - 3.41%
1978 - 3.83%
1977 - 6.27%
1976 - 7.65%
1975 - 4.96%
1974 - -0.03%
1973 - 1.48%
1972 - -0.18%
1971 - 0.15%
1970 - 1.06%
1969 - 0.94%
1968 - -1.69%
1967 - -0.26%
1966 - -1.08%
1965 - -1.67%
1964 - -1.35%
1963 - -2.5%
1962 - -2.37%
1961 - -3.03%
1960 - -0.52%
1959 - -0.12%
1958 - -1.73%
1957 - 0.08%
1956 - -1.14%
1955 - -1%
1954 - -0.17%
1953 - 0.02%
1952 - -1.24%
1951 - 1.1%
1950 - -0.26%
1949 - -2.77%
1948 - 1.88%
1947 - -5.99%
1946 - -15.3%
1945 - -6.35%
1944 - -21.5%
1943 - -14.2%
1942 - -16.4%
1941 - -35.8%
1940 - -36.9%
1939 - -9.76%
1938 - -1.48%
1937 - -4.44%
1936 - -3.75%
1935 - -3.81%
1934 - -2.81%
1933 - -1.63%
1932 - -2.61%
1931 - -2.32%
1930 - -1.94%
1929 - -0.78%
1928 - -2.07%
1927 - -0.32%
1926 - -2.9%
1925 - -2.92%
1924 - 0.04%
1923 - -2.3%
1922 - 0.62%
1921 - -2.59%
1920 - -2.6%
1919 - -7.49%
1918 - -11.4%
1917 - -1.27%
1916 - 1.48%
1915 - -0.29%
1914 - -1.15%
1913 - -0.25%
1912 - 0.33%
1911 - -0.14%
1910 - -0.3%
1909 - -2.64%
1908 - -1.92%
1907 - 0.24%
1906 - 0.86%
1905 - -1.28%
1904 - -1.63%
1903 - -0.3%
1902 - -1.74%
1901 - -2.13%
1900 - -0.52%
1899 - -1%
1898 - -4.55%
1897 - -0.37%
1896 - -0.56%
1895 - -1.21%
1894 - -0.62%
1893 - 0%
1892 - 0.82%
1891 - 0.16%
1890 - 0.17%
1889 - 0.18%
1888 - -0.59%
1887 - -1.46%
1886 - 0%
1885 - -1.2%
1884 - -0.2%
1883 - 0%
1882 - 0.2%

Data sources: International Monetary Fund (IMF) | Public Finances in Modern History (1882–1989, retrieved 2026-02-20); International Monetary Fund (IMF) | Fiscal Monitor (1990–2024, retrieved 2026-02-20).

GeoRank.org/economy/djibouti/finland | 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 Finland's deficit of $13.2B, or 4.41% of GDP.

Over the past 35 years, Djibouti recorded a fiscal deficit in 33 of those years, while Finland ran a deficit in 22 years. On average, Djibouti posted an annual deficit equal to 3.17% of GDP, compared to deficit of 0.58% of GDP for Finland.

Inflation comparison by year

Inflation
Djibouti

Finland
1x
Year Consumer prices inflation
Djibouti Finland
2024 2.1% 1.57%
2023 1.4% 6.25%
2022 5.2% 7.12%
2021 1.2% 2.19%
2020 1.8% 0.29%
2019 3.3% 1.02%
2018 0.1% 1.08%
2017 0.6% 0.75%
2016 2.4% 0.36%
2015 -0.5% -0.21%
2014 1.3% 1.04%
2013 1.1% 1.48%
2012 4.2% 2.81%
2011 5.2% 3.42%
2010 2.5% 1.18%
2009 5.6% -0%
2008 8.7% 4.07%
2007 5.9% 2.51%
2006 3.5% 1.57%
2005 3.3% 0.62%
2004 2.4% 0.19%
2003 1.6% 0.88%
2002 1.4% 1.57%
2001 1.9% 2.58%
2000 1.2% 3.04%
1999 -0.4% 1.16%
1998 2.2% 1.4%
1997 2.5% 1.19%

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/finland | CC BY

Over the past 28 years, Djibouti has recorded an average annual inflation rate of 2.56%, compared with 1.83% in Finland. In 2024, inflation was 2.1% in Djibouti and 1.57% in Finland.

Top exports between countries

Djibouti
Export category Export value
Wood & paper products $53K
Textiles & consumer goods $1K
Finland
Export category Export value
Machinery & equipment $181K
Raw materials & minerals $97K
Chemicals & pharma $62K
Metals $5K
Textiles & consumer goods $1K

Balance of trade

Djibouti Finland
Current account balance
$610M
2024
-$1.99B
2024
Current account balance ranking
59/190
2024
143/190
2024
Current account balance, % of GDP
+14.7%
2024
-0.67%
2024
Goods imports
$4.04B
2024
$76.6B
2024
Goods exports
$4.08B
2024
$83.1B
2024
Service imports
$730M
2024
$47.4B
2024
Service exports
$1.17B
2024
$42B
2024
Imports of goods and services, % of GDP
114.8%
2024
41.6%
2024
Exports of goods and services, % of GDP
126.4%
2024
41.9%
2024

Economic freedom indices

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

Djibouti Finland
Economic freedom 56.3 76.6
Economic freedom ranking 122/197 15/197
Property rights 30.4 99.9
Government integrity 27.9 95.4
Judicial effectiveness 28.6 96.4
Tax burden 83.5 68.4
Government spending 86.7 7.9
Fiscal health 87.7 76.3
Business freedom 52.9 85.3
Labor freedom 57.5 65.4
Monetary freedom 70.6 80.3
Trade freedom 49.8 79.4
Investment freedom 50 85
Financial freedom 50 80

Economic freedom comparison by year

Djibouti
Finland
1x
Year Economic freedom index
Djibouti Finland
2026 56.3 76.6
2025 55.7 77
2024 55.8 76.3
2023 56.1 77.1
2022 55.3 78.3
2021 56.2 76.1
2020 52.9 75.7
2019 47.1 74.9
2018 45.1 74.1
2017 46.7 74
2016 56 72.6
2015 57.5 73.4
2014 55.9 73.4
2013 53.9 74
2012 53.9 72.3
2011 54.5 74
2010 51 73.8
2009 51.3 74.5
2008 51.2 74.6
2007 52.4 74
2006 53.2 72.9
2005 55.2 71
2004 55.6 73.4
2003 55.7 73.7
2002 57.8 73.6
2001 58.3 69.7
2000 55.1 64.3
1999 57.1 63.9
1998 55.9 63.5
1997 54.5 65.2
1996 - 63.7

Data sources: The Heritage Foundation | Economic Freedom Index (1996–2026, retrieved 2026-03-09).

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

The Economic Freedom Index for Djibouti is 56.3, ranking 122/197, compared to 76.6 for Finland, ranking 15/197. The chart above displays a comparison of annual changes in economic freedom indexes.

Other economic metrics

Djibouti Finland
Services, % of GDP
76.1%
2024
62.2%
2024
Industry, % of GDP
15.9%
2024
22.8%
2024
Agriculture, forestry, and fishing, % of GDP
2.51%
2024
2.47%
2024
GNI, Atlas method
$4.25B
2024
$290B
2024
GNI per capita, PPP
$8,030
2024
$65,640
2024
Total reserves including gold
$349M
2024
$18B
2024
Total reserves ranking
165/177
2024
65/177
2024
Net foreign direct investment
-$67.8M
2024
$3.28B
2024
Net inflows of foreign direct investment
$67.8M
2024
$8.74B
2024
Net outflows of foreign direct investment
$0
2024
$12B
2024
Servicing debt to the IMF, % of GNI
3.27%
2024
n/a
Poverty at national poverty lines
23%
2020
12.2%
2022
Gross capital formation, % of GDP
0.25%
2024
22.3%
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/finland | CC BY

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Data sources:

  1. World Bank | Economy & Growth (1960–2024, retrieved 2026-04-06)
  2. International Monetary Fund (IMF) | Public Finances in Modern History (1882–2008, retrieved 2026-02-20)
  3. International Monetary Fund (IMF) | Fiscal Monitor (1990–2024, retrieved 2026-02-20)
  4. The Heritage Foundation | Economic Freedom Index (1996–2026, retrieved 2026-03-09)
  5. U.S. Census Bureau (1985–2024, retrieved 2026-02-08)
  6. TradeMap (2020–2024, 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.