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Economy of Djibouti vs Georgia compared: GDP & Debt

Updated on by Georank team

Djibouti has a GDP of $4.15B compared to $34.2B for Georgia, ranking 165/197 and 107/197 by economy size, respectively.

Djibouti has $1.36B in government debt (32.9% of GDP), compared to $12.3B (36.1% of GDP) in Georgia.

Djibouti vs Georgia GDP by year

Djibouti
Georgia
1x
Year GDP, current $
Djibouti Georgia
2024 $4,152,145,940 $34,189,423,545
2023 $3,898,447,007 $30,777,833,601
2022 $3,562,814,909 $24,984,568,960
2021 $3,392,796,953 $18,853,115,589
2020 $3,144,136,197 $16,010,869,216
2019 $3,088,851,450 $17,638,337,117
2018 $2,913,464,658 $17,902,544,881
2017 $2,762,581,334 $16,473,125,375
2016 $2,604,955,229 $15,444,548,902
2015 $2,424,391,785 $15,223,796,149
2014 $2,220,637,966 $17,966,015,109
2013 $2,044,440,443 $17,517,660,144
2012 $1,353,632,942 $16,894,392,033
2011 $1,239,144,502 $15,475,290,469
2010 $1,128,611,700 $12,426,907,967
2009 $1,049,110,685 $10,766,920,066
2008 $999,105,339 $12,795,145,131
2007 $847,918,929 $10,172,931,089
2006 $768,873,684 $7,745,250,734
2005 $708,633,195 $6,410,912,050
2004 $666,072,102 $5,125,365,192
2003 $622,044,666 $3,991,377,904
2002 $591,122,040 $3,395,766,678
2001 $572,417,441 $3,219,462,262
2000 $551,230,862 $3,057,475,335
1999 $536,080,148 $2,800,025,883
1998 $514,267,869 $3,613,497,317
1997 $502,675,542 $3,510,520,231
1996 $494,004,648 $3,094,936,177
1995 $497,723,961 $2,693,732,612
1994 $491,689,221 $2,513,867,645
1993 $466,048,469 $2,701,181,331
1992 $478,058,305 $3,690,328,964
1991 $462,421,999 $6,324,503,311
1990 $452,328,087 $7,735,927,264
1989 $409,220,087 $8,902,632,715
1988 $395,794,539 $8,833,588,173
1987 $373,371,738 $7,321,981,334
1986 - -
1985 $340,989,528 -

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

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

GDP per capita in Djibouti vs Georgia by year

Djibouti
GDP per capita

GDP per capita, PPP
Georgia
GDP per capita

GDP per capita, PPP
1x
Year Current $
Djibouti Georgia
GDP per capita GDP per capita, PPP GDP per capita GDP per capita, PPP
2024 $3,553 $7,810 $9,241 $28,285
2023 $3,381 $7,226 $8,284 $25,072
2022 $3,133 $6,621 $6,730 $22,461
2021 $3,026 $5,960 $5,084 $18,916
2020 $2,845 $5,527 $4,301 $16,791
2019 $2,837 $5,398 $4,741 $16,770
2018 $2,718 $5,083 $4,804 $15,022
2017 $2,619 $4,677 $4,419 $13,719
2016 $2,510 $4,432 $4,143 $13,065
2015 $2,376 $4,264 $4,087 $12,270
2014 $2,215 $3,978 $4,830 $11,771
2013 $2,076 $3,762 $4,712 $10,797
2012 $1,400 - $4,531 $10,060
2011 $1,306 - $4,120 $8,564
2010 $1,213 - $3,282 $7,712
2009 $1,151 - $2,823 $7,119
2008 $1,119 - $3,325 $7,279
2007 $970 - $2,635 $6,951
2006 $898 - $1,996 $5,980
2005 $844 - $1,643 $5,272
2004 $806 - $1,305 $4,635
2003 $765 - $1,010 $4,240
2002 $743 - $854 $3,719
2001 $742 - $802 $3,441
2000 $738 - $750 $3,161
1999 $740 - $674 $2,977
1998 $735 - $852 $2,795
1997 $748 - $807 $2,616
1996 $762 - $689 $2,253
1995 $786 - $578 $1,919
1994 $785 - $520 $1,764
1993 $759 - $550 $1,898
1992 $764 - $757 $2,643
1991 $733 - $1,308 $4,727
1990 $780 - $1,611 $5,836
1989 $782 - $1,853 -
1988 $817 - $1,844 -
1987 $822 - $1,544 -
1986 - - - -
1985 $847 - - -

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

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

Djibouti's GDP per capita is $3,553, ranking 133/197, compared to $9,241 in Georgia, ranking 89/197. Adjusted for purchasing power (GDP per capita PPP), Djibouti ranks 143rd at $7,810, while Georgia ranks 74th at $28,285.

Economic indicators

Djibouti Georgia
Gross domestic product
$4.15B
2024
$34.2B
2024
GDP rank
165/197
2024
107/197
2024
GDP growth
6.98%
2023-2024
9.68%
2023-2024
GDP per capita
$3,553
2024
$9,241
2024
GDP per capita rank
133/197
2024
89/197
2024
GDP per capita, PPP
$7,810
2024
$28,285
2024
GDP per capita PPP rank
143/197
2024
74/197
2024
Government debt
$1.36B
2024
$12.3B
2024
Debt-to-GDP ratio
32.9%
2024
36.1%
2024
Government debt per person
$1,167
2024
$3,336
2024
Government debt per person rank
137/185
2024
96/185
2024
Average annual personal income after taxes
$2,690
2026
$6,891
2026
Number of billionaires n/a
2
2025
Income share by richest 10%
32.3%
2017
26.2%
2024
Income share by poorest 10%
1.9%
2017
2.9%
2024
Government expenditure, % of GDP
20.6%
2024
30.3%
2024
Consumer prices inflation
2.1%
2023-2024
1.11%
2023-2024
Central bank interest rate n/a
8%
2024
Unemployment rate
40%
2017
8.01%
2024
Population
1203929
3697615

Spending and national debt comparison by year

Djibouti
Spending

Debt
Georgia
Spending

Debt
1x
Year % of GDP
Djibouti Georgia
Government spending Government debt Government spending Government debt
2024 20.6% 32.9% 30.3% 36.1%
2023 21.5% 35.4% 29.7% 38.9%
2022 21% 38.3% 28.5% 39.2%
2021 23.1% 40.3% 31.2% 49.1%
2020 25.8% 42.1% 34.1% 59.6%
2019 24.9% 41.1% 28.7% 40%
2018 25.9% 47.5% 26.7% 38.2%
2017 23.9% 48% 27.2% 38.9%
2016 25.9% 45.9% 27.8% 39.5%
2015 42% 40.3% 27% 36%
2014 29% 26.9% 27.5% 30.3%
2013 26.8% 24.6% 26.6% 28.9%
2012 26.5% 25% 27.7% 28.1%
2011 25.3% 25.7% 27.1% 27.7%
2010 26.6% 27.9% 31% 31.4%
2009 31% 29.5% 34.8% 33.6%
2008 28.8% 59.3% 31.8% 26.3%
2007 26.6% 56.6% 27.7% 22.5%
2006 23.8% 58.3% 22.7% 28.3%
2005 26.2% 60.3% 21.6% 35.3%
2004 26.7% 65.3% 18.9% 44.3%
2003 25.8% 66.3% 16.1% 54.6%
2002 23.4% 63.7% 16% 50.3%
2001 21% 58.1% 16.8% 53%
2000 23.2% 58.1% 16.9% 58.5%
1999 23.5% 58.5% 19.8% 76.5%
1998 24% 55.2% 18.9% 80%
1997 25% 56% 21.9% 48.2%
1996 23.7% 53.1% 18.4% 38.9%
1995 27% 50.9% 15.6% 19.8%
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/georgia | CC BY

In 2024, Djibouti's government spending was $856M, accounting for 20.6% of its GDP, while Georgia spent $10.3B, or 30.3% of GDP.

Debt-to-GDP ratio is 32.9% in Djibouti and 36.1% in Georgia, ranking 149/185 and 144/185, respectively.

Government deficit by year

Deficit/surplus
Djibouti

Georgia
1x
Year Deficit/surplus, % of GDP
Djibouti Georgia
2024 -2.6% -2.3%
2023 -3.46% -2.33%
2022 -1.48% -2.2%
2021 -3.05% -5.97%
2020 -2.58% -9.16%
2019 -0.98% -1.82%
2018 -1.98% -0.8%
2017 -0.21% -0.45%
2016 -0.76% -1.49%
2015 -15.5% -1.16%
2014 -6.92% -1.78%
2013 -0.34% -1.25%
2012 -2.04% -0.71%
2011 -1.18% -0.81%
2010 -1.04% -4.48%
2009 -3.88% -6.36%
2008 0.62% -1.92%
2007 -1.88% 0.81%
2006 0.26% 3.28%
2005 -1.18% 2.14%
2004 -3.67% 3.59%
2003 -4.13% -0.55%
2002 -4.56% -0.19%
2001 -3.61% -0.71%
2000 -3.97% -1.92%
1999 -5.2% -4.72%
1998 -3.59% -4%
1997 -2.86% -6.79%
1996 -1.77% -5.91%
1995 -5.13% -4.89%
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/georgia | 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 Georgia's deficit of $785M, or 2.3% of GDP.

Over the past 30 years, Djibouti recorded a fiscal deficit in 28 of those years, while Georgia ran a deficit in 26 years. On average, Djibouti posted an annual deficit equal to 2.96% of GDP, compared to deficit of 2.16% of GDP for Georgia.

Inflation comparison by year

Inflation
Djibouti

Georgia
1x
Year Consumer prices inflation
Djibouti Georgia
2024 2.1% 1.11%
2023 1.4% 2.49%
2022 5.2% 11.9%
2021 1.2% 9.57%
2020 1.8% 5.2%
2019 3.3% 4.85%
2018 0.1% 2.62%
2017 0.6% 6.04%
2016 2.4% 2.13%
2015 -0.5% 4%
2014 1.3% 3.07%
2013 1.1% -0.51%
2012 4.2% -0.94%
2011 5.2% 8.54%
2010 2.5% 7.11%
2009 5.6% 1.73%
2008 8.7% 10%
2007 5.9% 9.24%
2006 3.5% 9.16%
2005 3.3% 8.25%
2004 2.4% 5.66%
2003 1.6% 0.84%
2002 1.4% 5.59%
2001 1.9% 4.65%
2000 1.2% 4.06%
1999 -0.4% 19.2%
1998 2.2% 3.57%
1997 2.5% 7.09%

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/georgia | CC BY

Over the past 28 years, Djibouti has recorded an average annual inflation rate of 2.56%, compared with 5.58% in Georgia. In 2024, inflation was 2.1% in Djibouti and 1.11% in Georgia.

Top exports between countries

Djibouti
Export category Export value
Raw agricultural goods $17.5M
Processed food, beverages & tobacco $136K
Animal & marine products $11K
Miscellaneous $8K
Chemicals & pharma $1K
Georgia
Export category Export value
Textiles & consumer goods $1K

Balance of trade

Djibouti Georgia
Current account balance
$610M
2024
-$1.79B
2024
Current account balance ranking
59/190
2024
139/190
2024
Current account balance, % of GDP
+14.7%
2024
-5.22%
2024
Goods imports
$4.04B
2024
$15.2B
2024
Goods exports
$4.08B
2024
$8.63B
2024
Service imports
$730M
2024
$3.81B
2024
Service exports
$1.17B
2024
$7.71B
2024
Imports of goods and services, % of GDP
114.8%
2024
55.6%
2024
Exports of goods and services, % of GDP
126.4%
2024
47.8%
2024

Economic freedom indices

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

Djibouti Georgia
Economic freedom 56.3 69.6
Economic freedom ranking 122/197 41/197
Property rights 30.4 53
Government integrity 27.9 59.9
Judicial effectiveness 28.6 53.8
Tax burden 83.5 87.8
Government spending 86.7 73.9
Fiscal health 87.7 89.1
Business freedom 52.9 76.6
Labor freedom 57.5 64
Monetary freedom 70.6 70.2
Trade freedom 49.8 86.8
Investment freedom 50 60
Financial freedom 50 60

Economic freedom comparison by year

Djibouti
Georgia
1x
Year Economic freedom index
Djibouti Georgia
2026 56.3 69.6
2025 55.7 69
2024 55.8 68.4
2023 56.1 68.7
2022 55.3 71.8
2021 56.2 77.2
2020 52.9 77.1
2019 47.1 75.9
2018 45.1 76.2
2017 46.7 76
2016 56 72.6
2015 57.5 73
2014 55.9 72.6
2013 53.9 72.2
2012 53.9 69.4
2011 54.5 70.4
2010 51 70.4
2009 51.3 69.8
2008 51.2 69.2
2007 52.4 69.3
2006 53.2 64.5
2005 55.2 57.1
2004 55.6 58.9
2003 55.7 58.6
2002 57.8 56.7
2001 58.3 58.3
2000 55.1 54.3
1999 57.1 52.5
1998 55.9 47.9
1997 54.5 46.5
1996 - 44.1

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

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

The Economic Freedom Index for Djibouti is 56.3, ranking 122/197, compared to 69.6 for Georgia, ranking 41/197. The chart above displays a comparison of annual changes in economic freedom indexes.

Other economic metrics

Djibouti Georgia
Services, % of GDP
76.1%
2024
62%
2024
Industry, % of GDP
15.9%
2024
19.6%
2024
Agriculture, forestry, and fishing, % of GDP
2.51%
2024
5.49%
2024
GNI, Atlas method
$4.25B
2024
$30B
2024
GNI per capita, PPP
$8,030
2024
$26,200
2024
Total reserves including gold
$349M
2024
$4.45B
2024
Total reserves ranking
165/177
2024
104/177
2024
Net foreign direct investment
-$67.8M
2024
-$1.14B
2024
Net inflows of foreign direct investment
$67.8M
2024
$1.6B
2024
Net outflows of foreign direct investment
$0
2024
$462M
2024
Servicing debt to the IMF, % of GNI
3.27%
2024
15.2%
2024
Poverty at national poverty lines
23%
2020
9.4%
2024
Gross capital formation, % of GDP
0.25%
2024
24.5%
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/georgia | 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 (1996–2026, 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 (2021–2023, 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.