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Economy of Djibouti vs France compared: GDP & Debt

Updated on by Georank team

Djibouti has a GDP of $4.15B compared to $3.16T for France, ranking 165/197 and 7/197 by economy size, respectively.

Djibouti has $1.36B in government debt (32.9% of GDP), compared to $3.58T (113.1% of GDP) in France.

Djibouti vs France GDP by year

Djibouti
France
1x
Year GDP, current $
Djibouti France
2024 $4,152,145,940 $3,160,442,622,465
2023 $3,898,447,007 $3,056,250,648,138
2022 $3,562,814,909 $2,794,788,137,067
2021 $3,392,796,953 $2,966,433,692,008
2020 $3,144,136,197 $2,647,926,055,110
2019 $3,088,851,450 $2,722,793,515,172
2018 $2,913,464,658 $2,781,576,320,884
2017 $2,762,581,334 $2,588,868,323,335
2016 $2,604,955,229 $2,470,407,619,777
2015 $2,424,391,785 $2,442,483,452,643
2014 $2,220,637,966 $2,861,236,112,552
2013 $2,044,440,443 $2,816,077,607,875
2012 $1,353,632,942 $2,683,007,095,787
2011 $1,239,144,502 $2,870,408,553,990
2010 $1,128,611,700 $2,646,230,027,988
2009 $1,049,110,685 $2,700,075,882,519
2008 $999,105,339 $2,926,802,941,586
2007 $847,918,929 $2,655,816,911,867
2006 $768,873,684 $2,317,861,544,691
2005 $708,633,195 $2,192,146,403,028
2004 $666,072,102 $2,109,792,297,237
2003 $622,044,666 $1,835,095,983,049
2002 $591,122,040 $1,492,427,756,382
2001 $572,417,441 $1,370,376,677,299
2000 $551,230,862 $1,360,959,069,477
1999 $536,080,148 $1,486,915,879,702
1998 $514,267,869 $1,496,906,382,032
1997 $502,675,542 $1,449,392,222,971
1996 $494,004,648 $1,598,889,216,566
1995 $497,723,961 $1,595,219,345,512
1994 $491,689,221 $1,385,822,778,828
1993 $466,048,469 $1,314,383,368,080
1992 $478,058,305 $1,389,663,073,110
1991 $462,421,999 $1,258,961,748,634
1990 $452,328,087 $1,257,649,439,827
1989 $409,220,087 $1,016,742,237,302
1988 $395,794,539 $1,010,827,662,152
1987 $373,371,738 $926,320,855,615
1986 - $764,946,585,851
1985 $340,989,528 $547,220,981,165
1984 - $525,033,325,828
1983 - $553,356,312,936
1982 - $578,152,310,610
1981 - $609,184,791,792
1980 - $694,529,183,483
1979 - $608,218,624,730
1978 - $501,724,418,605
1977 - $406,401,711,688
1976 - $368,363,152,144
1975 - $357,324,307,786
1974 - $282,739,225,314
1973 - $261,970,536,240
1972 - $201,738,881,664
1971 - $164,694,210,962
1970 - $147,312,861,698
1969 - $140,660,914,841
1968 - $128,710,572,572
1967 - $118,088,635,381
1966 - $109,306,730,313
1965 - $100,927,668,584
1964 - $93,424,179,943
1963 - $84,227,606,650
1962 - $75,196,980,365
1961 - $67,158,050,215
1960 - $61,959,085,885

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

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

GDP per capita in Djibouti vs France by year

Djibouti
GDP per capita

GDP per capita, PPP
France
GDP per capita

GDP per capita, PPP
1x
Year Current $
Djibouti France
GDP per capita GDP per capita, PPP GDP per capita GDP per capita, PPP
2024 $3,553 $7,810 $46,103 $62,557
2023 $3,381 $7,226 $44,700 $60,839
2022 $3,133 $6,621 $40,989 $57,043
2021 $3,026 $5,960 $43,725 $52,517
2020 $2,845 $5,527 $39,170 $49,482
2019 $2,837 $5,398 $40,408 $51,130
2018 $2,718 $5,083 $41,418 $46,381
2017 $2,619 $4,677 $38,687 $44,469
2016 $2,510 $4,432 $37,024 $42,880
2015 $2,376 $4,264 $36,702 $40,905
2014 $2,215 $3,978 $43,148 $40,218
2013 $2,076 $3,762 $42,669 $39,583
2012 $1,400 - $40,864 $37,671
2011 $1,306 - $43,930 $37,510
2010 $1,213 - $40,695 $35,908
2009 $1,151 - $41,728 $34,685
2008 $1,119 - $45,465 $35,053
2007 $970 - $41,486 $34,066
2006 $898 - $36,432 $32,424
2005 $844 - $34,696 $30,431
2004 $806 - $33,645 $28,921
2003 $765 - $29,480 $28,024
2002 $743 - $24,145 $28,350
2001 $742 - $22,332 $27,347
2000 $738 - $22,341 $26,007
1999 $740 - $24,576 $24,204
1998 $735 - $24,869 $23,263
1997 $748 - $24,169 $22,190
1996 $762 - $26,758 $21,268
1995 $786 - $26,792 $20,701
1994 $785 - $23,360 $19,892
1993 $759 - $22,239 $19,094
1992 $764 - $23,615 $18,801
1991 $733 - $21,501 $18,198
1990 $780 - $21,586 $17,475
1989 $782 - $17,547 -
1988 $817 - $17,550 -
1987 $822 - $16,176 -
1986 - - $13,430 -
1985 $847 - $9,657 -
1984 - - $9,312 -
1983 - - $9,862 -
1982 - - $10,360 -
1981 - - $10,956 -
1980 - - $12,565 -
1979 - - $11,063 -
1978 - - $9,167 -
1977 - - $7,459 -
1976 - - $6,792 -
1975 - - $6,617 -
1974 - - $5,261 -
1973 - - $4,907 -
1972 - - $3,809 -
1971 - - $3,137 -
1970 - - $2,833 -
1969 - - $2,729 -
1968 - - $2,518 -
1967 - - $2,328 -
1966 - - $2,173 -
1965 - - $2,024 -
1964 - - $1,891 -
1963 - - $1,723 -
1962 - - $1,554 -
1961 - - $1,402 -
1960 - - $1,307 -

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

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

Djibouti's GDP per capita is $3,553, ranking 133/197, compared to $46,103 in France, ranking 27/197. Adjusted for purchasing power (GDP per capita PPP), Djibouti ranks 143rd at $7,810, while France ranks 30th at $62,557.

Economic indicators

Djibouti France
Gross domestic product
$4.15B
2024
$3.16T
2024
GDP rank
165/197
2024
7/197
2024
GDP growth
6.98%
2023-2024
1.19%
2023-2024
GDP per capita
$3,553
2024
$46,103
2024
GDP per capita rank
133/197
2024
27/197
2024
GDP per capita, PPP
$7,810
2024
$62,557
2024
GDP per capita PPP rank
143/197
2024
30/197
2024
Government debt
$1.36B
2024
$3.58T
2024
Debt-to-GDP ratio
32.9%
2024
113.1%
2024
Government debt per person
$1,167
2024
$52,165
2024
Government debt per person rank
137/185
2024
8/185
2024
Average annual personal income after taxes
$2,690
2026
$35,669
2026
Market capitalization of domestic companies n/a
$2.37T
2018
Number of millionaires n/a
2,897,000
2025
Number of billionaires n/a
52
2025
Income share by richest 10%
32.3%
2017
25%
2023
Income share by poorest 10%
1.9%
2017
3%
2023
Government expenditure, % of GDP
20.6%
2024
57.2%
2024
Consumer prices inflation
2.1%
2023-2024
2%
2023-2024
Unemployment rate
40%
2017
7.44%
2024
Population
1203929
68788006

Spending and national debt comparison by year

Djibouti
Spending

Debt
France
Spending

Debt
1x
Year % of GDP
Djibouti France
Government spending Government debt Government spending Government debt
2024 20.6% 32.9% 57.2% 113.1%
2023 21.5% 35.4% 56.8% 109.6%
2022 21% 38.3% 58.4% 111.4%
2021 23.1% 40.3% 59.5% 112.8%
2020 25.8% 42.1% 61.7% 114.9%
2019 24.9% 41.1% 55.3% 98.1%
2018 25.9% 47.5% 56.4% 98.5%
2017 23.9% 48% 57.7% 98.7%
2016 25.9% 45.9% 57.4% 98.1%
2015 42% 40.3% 57.6% 96.9%
2014 29% 26.9% 58.4% 96.1%
2013 26.8% 24.6% 58.6% 94.5%
2012 26.5% 25% 57.9% 91.7%
2011 25.3% 25.7% 57% 88.7%
2010 26.6% 27.9% 57.7% 86.3%
2009 31% 29.5% 58% 84.1%
2008 28.8% 59.3% 54.3% 69.8%
2007 26.6% 56.6% 53.6% 65.5%
2006 23.8% 58.3% 53.7% 65.4%
2005 26.2% 60.3% 54.3% 68.2%
2004 26.7% 65.3% 54% 66.9%
2003 25.8% 66.3% 54.4% 65.4%
2002 23.4% 63.7% 53.9% 61.3%
2001 21% 58.1% 52.8% 59.3%
2000 23.2% 58.1% 52.6% 59.7%
1999 23.5% 58.5% 53.7% 61.4%
1998 24% 55.2% 54% 62.1%
1997 25% 56% 55.6% 62%
1996 23.7% 53.1% 56% 60.6%
1995 27% 50.9% 56% 57.8%
1994 30.9% - 55.9% 51.6%
1993 35.3% - 56.5% 48.2%
1992 34.9% - 54% 41.7%
1991 27.7% - 52.7% 37.8%
1990 30.2% - 51.6% 36.8%
1989 - - 48.9% 34%
1988 - - 50.1% 33.3%
1987 - - 50.7% 33.4%
1986 - - 51.3% 31.1%
1985 - - 51.9% 30.6%
1984 - - 51.2% 29%
1983 - - 50.2% 26.6%
1982 - - 49.9% 25.3%
1981 - - 48.5% 22%
1980 - - 46% 20.7%
1979 - - 44.9% 21.1%
1978 - - 44.7% 21.2%
1977 - - 21.4% 15%
1976 - - 21.7% 15.1%
1975 - - 22% 16.1%
1974 - - 19.9% 15.4%
1973 - - 19.7% 15.8%
1972 - - 19.8% 17.7%
1971 - - 20% 20.1%
1970 - - 20.5% 21%
1969 - - 21.5% 14.4%
1968 - - 22.7% 15.8%
1967 - - 21.4% 16.1%
1966 - - 21.4% 15.3%
1965 - - 21.1% 17.6%
1964 - - 21% 19.6%
1963 - - 22.6% 22.2%
1962 - - 21.7% 23.6%
1961 - - 21.9% 26.3%
1960 - - 22.2% 28.5%

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/france | CC BY

In 2024, Djibouti's government spending was $856M, accounting for 20.6% of its GDP, while France spent $1.81T, or 57.2% of GDP.

Debt-to-GDP ratio is 32.9% in Djibouti and 113.1% in France, ranking 149/185 and 14/185, respectively.

Government deficit by year

Deficit/surplus
Djibouti

France
1x
Year Deficit/surplus, % of GDP
Djibouti France
2024 -2.6% -5.77%
2023 -3.46% -5.44%
2022 -1.48% -4.74%
2021 -3.05% -6.58%
2020 -2.58% -8.93%
2019 -0.98% -2.39%
2018 -1.98% -2.32%
2017 -0.21% -3.36%
2016 -0.76% -3.76%
2015 -15.5% -3.89%
2014 -6.92% -4.57%
2013 -0.34% -4.94%
2012 -2.04% -5.17%
2011 -1.18% -5.3%
2010 -1.04% -7.16%
2009 -3.88% -7.38%
2008 0.62% -3.5%
2007 -1.88% -2.99%
2006 0.26% -2.66%
2005 -1.18% -3.5%
2004 -3.67% -3.55%
2003 -4.13% -4.09%
2002 -4.56% -3.18%
2001 -3.61% -1.42%
2000 -3.97% -1.32%
1999 -5.2% -1.55%
1998 -3.59% -2.39%
1997 -2.86% -3.71%
1996 -1.77% -3.89%
1995 -5.13% -5.11%
1994 -4.97% -5.46%
1993 -7.1% -6.4%
1992 -6.13% -4.64%
1991 -0.86% -2.89%
1990 -3.25% -2.45%
1989 - -1.9%
1988 - -2.7%
1987 - -2.13%
1986 - -3.3%
1985 - -3.08%
1984 - -2.8%
1983 - -2.58%
1982 - -2.91%
1981 - -2.39%
1980 - -0.27%
1979 - -0.36%
1978 - -1.73%
1977 - 0.9%
1976 - 1.01%
1975 - -0.28%
1974 - 3.05%
1973 - 1.97%
1972 - 1.94%
1971 - -0.13%
1970 - 0.02%
1969 - -0.49%
1968 - -2.54%
1967 - -0.8%
1966 - -0.57%
1965 - -0.07%
1964 - -0.25%
1963 - -2.24%
1962 - -1.53%
1961 - -1.36%
1960 - -1.95%
1959 - 0.56%
1958 - 0.08%
1957 - -1.99%
1956 - -2.62%
1955 - -1.04%
1954 - -0.78%
1953 - -4.79%
1952 - -6.82%
1951 - -4.42%
1950 - -5.56%
1949 - -7.31%
1948 - -9.11%
1947 - -7.6%
1946 - -8.1%
1945 - -
1944 - -
1943 - -
1942 - -
1941 - -
1940 - -
1939 - -
1938 - -
1937 - -6.89%
1936 - -4.76%
1935 - -4.22%
1934 - -4.31%
1933 - -4.96%
1932 - -1.86%
1931 - -2.06%
1930 - -1.65%
1929 - 1.48%
1928 - 1.13%
1927 - -0.04%
1926 - -0.02%
1925 - -0.87%
1924 - -
1923 - -
1922 - -
1921 - -
1920 - -
1919 - -
1918 - -
1917 - -
1916 - -
1915 - -
1914 - -
1913 - 0.05%
1912 - 0.23%
1911 - 0.31%
1910 - -0.12%
1909 - -0.11%
1908 - -0.15%
1907 - 0.23%
1906 - -0.04%
1905 - 0.18%
1904 - 0.3%
1903 - 0.21%
1902 - -0.37%
1901 - -0.39%
1900 - 0.21%
1899 - 0.21%
1898 - 0.29%
1897 - 0.01%
1896 - -0.03%
1895 - -0.07%
1894 - -0.08%
1893 - -0.3%
1892 - -0.03%
1891 - 0.36%
1890 - 0.31%
1889 - 0.09%
1888 - 0.18%
1887 - -0.07%
1886 - -0.5%
1885 - -0.59%
1884 - -0.35%
1883 - -0.23%
1882 - -0.15%
1881 - 0.64%
1880 - 0.65%

Data sources: International Monetary Fund (IMF) | Public Finances in Modern History (1880–1989, retrieved 2026-02-20); International Monetary Fund (IMF) | Fiscal Monitor (1990–2024, retrieved 2026-02-20).

GeoRank.org/economy/djibouti/france | 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 France's deficit of $182B, or 5.77% of GDP.

Over the past 35 years, Djibouti recorded a fiscal deficit in 33 of those years, while France ran a deficit in 35 years. On average, Djibouti posted an annual deficit equal to 3.17% of GDP, compared to deficit of 4.18% of GDP for France.

Inflation comparison by year

Inflation
Djibouti

France
1x
Year Consumer prices inflation
Djibouti France
2024 2.1% 2%
2023 1.4% 4.88%
2022 5.2% 5.22%
2021 1.2% 1.64%
2020 1.8% 0.48%
2019 3.3% 1.11%
2018 0.1% 1.85%
2017 0.6% 1.03%
2016 2.4% 0.18%
2015 -0.5% 0.04%
2014 1.3% 0.51%
2013 1.1% 0.86%
2012 4.2% 1.95%
2011 5.2% 2.11%
2010 2.5% 1.53%
2009 5.6% 0.09%
2008 8.7% 2.81%
2007 5.9% 1.49%
2006 3.5% 1.68%
2005 3.3% 1.75%
2004 2.4% 2.14%
2003 1.6% 2.1%
2002 1.4% 1.92%
2001 1.9% 1.63%
2000 1.2% 1.68%
1999 -0.4% 0.54%
1998 2.2% 0.65%
1997 2.5% 1.2%

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/france | CC BY

Over the past 28 years, Djibouti has recorded an average annual inflation rate of 2.56%, compared with 1.61% in France. In 2024, inflation was 2.1% in Djibouti and 2% in France.

Top exports between countries

Djibouti
Export category Export value
Wood & paper products $30.6M
Machinery & equipment $26.2M
Raw materials & minerals $16.2M
Weapons & explosives $12.4M
Raw agricultural goods $1.54M
Textiles & consumer goods $1.34M
Processed food, beverages & tobacco $1.28M
Miscellaneous $1.04M
Precious metals & jewellery $208K
Metals $145K
France
Export category Export value
Machinery & equipment $32.1M
Textiles & consumer goods $25.7M
Processed food, beverages & tobacco $19.2M
Chemicals & pharma $19M
Animal & marine products $5.41M
Metals $4.32M
Miscellaneous $1.97M
Wood & paper products $1.79M
Raw agricultural goods $1.66M
Raw materials & minerals $1.09M

Balance of trade

Djibouti France
Current account balance
$610M
2024
$2.69B
2024
Current account balance ranking
59/190
2024
42/190
2024
Current account balance, % of GDP
+14.7%
2024
+0.09%
2024
Goods imports
$4.04B
2024
$733B
2024
Goods exports
$4.08B
2024
$668B
2024
Service imports
$730M
2024
$341B
2024
Service exports
$1.17B
2024
$403B
2024
Imports of goods and services, % of GDP
114.8%
2024
34.2%
2024
Exports of goods and services, % of GDP
126.4%
2024
33.9%
2024

Economic freedom indices

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

Djibouti France
Economic freedom 56.3 64.6
Economic freedom ranking 122/197 72/197
Property rights 30.4 91.2
Government integrity 27.9 73.4
Judicial effectiveness 28.6 84.7
Tax burden 83.5 54.6
Government spending 86.7 0.9
Fiscal health 87.7 34.8
Business freedom 52.9 78.4
Labor freedom 57.5 59.1
Monetary freedom 70.6 73.2
Trade freedom 49.8 79.4
Investment freedom 50 75
Financial freedom 50 70

Economic freedom comparison by year

Djibouti
France
1x
Year Economic freedom index
Djibouti France
2026 56.3 64.6
2025 55.7 64.4
2024 55.8 62.5
2023 56.1 63.6
2022 55.3 65.9
2021 56.2 65.7
2020 52.9 66
2019 47.1 63.8
2018 45.1 63.9
2017 46.7 63.3
2016 56 62.3
2015 57.5 62.5
2014 55.9 63.5
2013 53.9 64.1
2012 53.9 63.2
2011 54.5 64.6
2010 51 64.2
2009 51.3 63.3
2008 51.2 64.7
2007 52.4 62.1
2006 53.2 61.1
2005 55.2 60.5
2004 55.6 60.9
2003 55.7 59.2
2002 57.8 58
2001 58.3 58
2000 55.1 57.4
1999 57.1 59.1
1998 55.9 58.9
1997 54.5 59.1
1996 - 63.7
1995 - 64.4

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

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

The Economic Freedom Index for Djibouti is 56.3, ranking 122/197, compared to 64.6 for France, ranking 72/197. The chart above displays a comparison of annual changes in economic freedom indexes.

Other economic metrics

Djibouti France
Services, % of GDP
76.1%
2024
70.9%
2024
Industry, % of GDP
15.9%
2024
17.2%
2024
Agriculture, forestry, and fishing, % of GDP
2.51%
2024
1.3%
2024
GNI, Atlas method
$4.25B
2024
$3.1T
2024
GNI per capita, PPP
$8,030
2024
$63,880
2024
Total reserves including gold
$349M
2024
$283B
2024
Total reserves ranking
165/177
2024
13/177
2024
Net foreign direct investment
-$67.8M
2024
-$10.3B
2024
Net inflows of foreign direct investment
$67.8M
2024
$52.1B
2024
Net outflows of foreign direct investment
$0
2024
$41.7B
2024
Servicing debt to the IMF, % of GNI
3.27%
2024
n/a
Poverty at national poverty lines
23%
2020
15.6%
2021
Gross capital formation, % of GDP
0.25%
2024
21.5%
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/france | CC BY

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Data sources:

  1. World Bank | Economy & Growth (1960–2024, retrieved 2026-04-06)
  2. International Monetary Fund (IMF) | Fiscal Monitor (1990–2024, retrieved 2026-02-20)
  3. International Monetary Fund (IMF) | Public Finances in Modern History (1880–2008, retrieved 2026-02-20)
  4. The Heritage Foundation | Economic Freedom Index (1995–2026, retrieved 2026-03-09)
  5. U.S. Census Bureau (1985–2024, retrieved 2026-02-08)
  6. TradeMap (2022–2024, 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)

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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.