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Economy of Djibouti vs Greece compared: GDP & Debt

Updated on by Georank team

Djibouti has a GDP of $4.15B compared to $256B for Greece, ranking 165/197 and 53/197 by economy size, respectively.

Djibouti has $1.36B in government debt (32.9% of GDP), compared to $397B (154.8% of GDP) in Greece.

Djibouti vs Greece GDP by year

Djibouti
Greece
1x
Year GDP, current $
Djibouti Greece
2024 $4,152,145,940 $256,238,371,778
2023 $3,898,447,007 $242,946,187,738
2022 $3,562,814,909 $217,990,189,601
2021 $3,392,796,953 $218,303,801,895
2020 $3,144,136,197 $191,362,985,555
2019 $3,088,851,450 $207,305,649,887
2018 $2,913,464,658 $213,298,873,494
2017 $2,762,581,334 $200,381,103,984
2016 $2,604,955,229 $193,097,239,006
2015 $2,424,391,785 $194,567,373,678
2014 $2,220,637,966 $233,911,581,521
2013 $2,044,440,443 $236,556,279,641
2012 $1,353,632,942 $238,841,140,018
2011 $1,239,144,502 $283,228,079,776
2010 $1,128,611,700 $296,417,644,404
2009 $1,049,110,685 $326,829,054,686
2008 $999,105,339 $351,121,399,546
2007 $847,918,929 $314,226,996,944
2006 $768,873,684 $269,073,415,334
2005 $708,633,195 $242,315,668,619
2004 $666,072,102 $234,979,615,898
2003 $622,044,666 $196,930,509,813
2002 $591,122,040 $150,253,800,086
2001 $572,417,441 $132,050,474,720
2000 $551,230,862 $125,760,166,225
1999 $536,080,148 $137,131,371,955
1998 $514,267,869 $139,612,812,176
1997 $502,675,542 $138,766,067,640
1996 $494,004,648 $142,502,984,145
1995 $497,723,961 $134,974,613,914
1994 $491,689,221 $114,980,063,202
1993 $466,048,469 $107,295,704,518
1992 $478,058,305 $114,608,178,405
1991 $462,421,999 $103,680,863,713
1990 $452,328,087 $96,529,587,274
1989 $409,220,087 $78,067,933,277
1988 $395,794,539 $75,200,610,137
1987 $373,371,738 $64,739,630,096
1986 - $55,595,445,472
1985 $340,989,528 $47,155,741,426
1984 - $47,352,146,312
1983 - $48,741,397,059
1982 - $53,858,346,939
1981 - $51,618,456,335
1980 - $56,039,256,595
1979 - $53,724,121,435
1978 - $43,654,480,519
1977 - $35,673,080,481
1976 - $30,719,552,239
1975 - $28,129,128,587
1974 - $24,998,715,909
1973 - $22,037,019,563
1972 - $16,650,659,091
1971 - $14,388,806,818
1970 - $12,957,113,636
1969 - $11,454,106,327
1968 - $9,950,331,206
1967 - $9,146,592,856
1966 - $8,472,021,467
1965 - $7,582,209,670
1964 - $6,576,906,345
1963 - $5,813,285,627
1962 - $5,140,542,929
1961 - $4,892,397,431
1960 - $4,274,890,307

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

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

GDP per capita in Djibouti vs Greece by year

Djibouti
GDP per capita

GDP per capita, PPP
Greece
GDP per capita

GDP per capita, PPP
1x
Year Current $
Djibouti Greece
GDP per capita GDP per capita, PPP GDP per capita GDP per capita, PPP
2024 $3,553 $7,810 $24,626 $44,327
2023 $3,381 $7,226 $23,344 $42,711
2022 $3,133 $6,621 $20,887 $39,612
2021 $3,026 $5,960 $20,655 $33,531
2020 $2,845 $5,527 $17,887 $29,533
2019 $2,837 $5,398 $19,335 $31,927
2018 $2,718 $5,083 $19,873 $29,792
2017 $2,619 $4,677 $18,632 $28,682
2016 $2,510 $4,432 $17,919 $27,505
2015 $2,376 $4,264 $17,981 $26,608
2014 $2,215 $3,978 $21,475 $26,450
2013 $2,076 $3,762 $21,573 $25,731
2012 $1,400 - $21,624 $24,583
2011 $1,306 - $25,505 $25,693
2010 $1,213 - $26,653 $27,839
2009 $1,151 - $29,425 $29,963
2008 $1,119 - $31,696 $30,441
2007 $970 - $28,441 $28,896
2006 $898 - $24,416 $28,076
2005 $844 - $22,054 $25,004
2004 $806 - $21,449 $24,826
2003 $765 - $18,021 $23,253
2002 $743 - $13,782 $21,985
2001 $742 - $12,157 $20,304
2000 $738 - $11,638 $18,820
1999 $740 - $12,743 $17,758
1998 $735 - $13,023 $17,434
1997 $748 - $13,016 $16,630
1996 $762 - $13,433 $15,778
1995 $786 - $12,779 $15,218
1994 $785 - $10,937 $14,667
1993 $759 - $10,257 $14,150
1992 $764 - $11,021 $14,130
1991 $733 - $10,047 $13,824
1990 $780 - $9,467 $13,126
1989 $782 - $7,738 -
1988 $817 - $7,492 -
1987 $822 - $6,474 -
1986 - - $5,578 -
1985 $847 - $4,747 -
1984 - - $4,785 -
1983 - - $4,950 -
1982 - - $5,502 -
1981 - - $5,305 -
1980 - - $5,812 -
1979 - - $5,627 -
1978 - - $4,629 -
1977 - - $3,832 -
1976 - - $3,343 -
1975 - - $3,109 -
1974 - - $2,789 -
1973 - - $2,468 -
1972 - - $1,873 -
1971 - - $1,629 -
1970 - - $1,474 -
1969 - - $1,306 -
1968 - - $1,138 -
1967 - - $1,053 -
1966 - - $984 -
1965 - - $887 -
1964 - - $773 -
1963 - - $686 -
1962 - - $608 -
1961 - - $583 -
1960 - - $513 -

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

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

Djibouti's GDP per capita is $3,553, ranking 133/197, compared to $24,626 in Greece, ranking 49/197. Adjusted for purchasing power (GDP per capita PPP), Djibouti ranks 143rd at $7,810, while Greece ranks 52nd at $44,327.

Economic indicators

Djibouti Greece
Gross domestic product
$4.15B
2024
$256B
2024
GDP rank
165/197
2024
53/197
2024
GDP growth
6.98%
2023-2024
2.09%
2023-2024
GDP per capita
$3,553
2024
$24,626
2024
GDP per capita rank
133/197
2024
49/197
2024
GDP per capita, PPP
$7,810
2024
$44,327
2024
GDP per capita PPP rank
143/197
2024
52/197
2024
Government debt
$1.36B
2024
$397B
2024
Debt-to-GDP ratio
32.9%
2024
154.8%
2024
Government debt per person
$1,167
2024
$38,119
2024
Government debt per person rank
137/185
2024
16/185
2024
Average annual personal income after taxes
$2,690
2026
$14,396
2026
Market capitalization of domestic companies n/a
$83.2B
2024
Number of billionaires n/a
16
2025
Income share by richest 10%
32.3%
2017
26%
2023
Income share by poorest 10%
1.9%
2017
2.7%
2023
Government expenditure, % of GDP
20.6%
2024
48%
2024
Consumer prices inflation
2.1%
2023-2024
2.74%
2023-2024
Unemployment rate
40%
2017
10%
2024
Population
1203929
10181414

Spending and national debt comparison by year

Djibouti
Spending

Debt
Greece
Spending

Debt
1x
Year % of GDP
Djibouti Greece
Government spending Government debt Government spending Government debt
2024 20.6% 32.9% 48% 154.8%
2023 21.5% 35.4% 49.5% 165.2%
2022 21% 38.3% 52.8% 178.4%
2021 23.1% 40.3% 56.7% 197.8%
2020 25.8% 42.1% 59.3% 209.9%
2019 24.9% 41.1% 47.6% 183.7%
2018 25.9% 47.5% 48.6% 189.6%
2017 23.9% 48% 48.5% 182.6%
2016 25.9% 45.9% 50.3% 183.7%
2015 42% 40.3% 51.9% 180%
2014 29% 26.9% 51.5% 182.8%
2013 26.8% 24.6% 53% 180.5%
2012 26.5% 25% 54.9% 164.3%
2011 25.3% 25.7% 55.1% 175.1%
2010 26.6% 27.9% 53.1% 147.8%
2009 31% 29.5% 54.8% 128.5%
2008 28.8% 59.3% 51.5% 110.9%
2007 26.6% 56.6% 47.8% 104.6%
2006 23.8% 58.3% 45.9% 105.3%
2005 26.2% 60.3% 46.6% 109.9%
2004 26.7% 65.3% 48.8% 105.5%
2003 25.8% 66.3% 47.9% 104.3%
2002 23.4% 63.7% 47.1% 107.9%
2001 21% 58.1% 47.5% 110.5%
2000 23.2% 58.1% 48.2% 108.9%
1999 23.5% 58.5% 48% 102.8%
1998 24% 55.2% 46.7% 100.8%
1997 25% 56% 45.1% 102.6%
1996 23.7% 53.1% 46.1% 103.7%
1995 27% 50.9% 46.6% 100.4%
1994 30.9% - 36.9% 99.7%
1993 35.3% - 38.6% 101.7%
1992 34.9% - 36.9% 81.1%
1991 27.7% - 35.2% 75.7%
1990 30.2% - 38.5% 74.2%
1989 - - 34.8% 60.7%
1988 - - 33.8% 57.9%
1987 - - 34% 53.2%
1986 - - 33.8% 47.8%
1985 - - 34.2% 47.3%
1984 - - 32% 40.6%
1983 - - 30.2% 34.1%
1982 - - 28.7% 29.7%
1981 - - 28.1% 27.1%
1980 - - 24.5% 22.8%
1979 - - 24.1% 22.7%
1978 - - 30.1% 32.3%
1977 - - 30.1% 24.5%
1976 - - 29.1% 23.7%
1975 - - 28.7% 24.1%
1974 - - 25.3% 22.5%
1973 - - 24.3% 22%
1972 - - 26.8% 26.5%
1971 - - 25.8% 25%
1970 - - 25.2% 24.7%
1969 - - 29.7% 25.8%
1968 - - 26.3% 23%
1967 - - 24.6% 21.1%
1966 - - 22.8% 19%
1965 - - 21.7% 16.5%
1964 - - 20.4% 21.3%
1963 - - 19.5% 22.6%
1962 - - 19.7% 16.6%
1961 - - 19.3% 14.4%
1960 - - 20% 13.4%

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/greece | CC BY

In 2024, Djibouti's government spending was $856M, accounting for 20.6% of its GDP, while Greece spent $123B, or 48% of GDP.

Debt-to-GDP ratio is 32.9% in Djibouti and 154.8% in Greece, ranking 149/185 and 7/185, respectively.

Government deficit by year

Deficit/surplus
Djibouti

Greece
1x
Year Deficit/surplus, % of GDP
Djibouti Greece
2024 -2.6% 1.34%
2023 -3.46% -1.35%
2022 -1.48% -2.46%
2021 -3.05% -7.58%
2020 -2.58% -10.3%
2019 -0.98% -0.09%
2018 -1.98% 0.78%
2017 -0.21% 1.05%
2016 -0.76% 0.28%
2015 -15.5% -3.03%
2014 -6.92% -4.29%
2013 -0.34% -4.06%
2012 -2.04% -6.94%
2011 -1.18% -10.5%
2010 -1.04% -11.4%
2009 -3.88% -15.4%
2008 0.62% -10.3%
2007 -1.88% -6.81%
2006 0.26% -6.04%
2005 -1.18% -6.33%
2004 -3.67% -9.05%
2003 -4.13% -8.05%
2002 -4.56% -6.2%
2001 -3.61% -5.64%
2000 -3.97% -4.21%
1999 -5.2% -6.02%
1998 -3.59% -6.48%
1997 -2.86% -6.25%
1996 -1.77% -8.35%
1995 -5.13% -9.87%
1994 -4.97% -8.48%
1993 -7.1% -11.5%
1992 -6.13% -10.6%
1991 -0.86% -9.63%
1990 -3.25% -13.3%
1989 - -11.9%
1988 - -9.63%
1987 - -8.09%
1986 - -8.62%
1985 - -9.56%
1984 - -7.19%
1983 - -6.17%
1982 - -5.49%
1981 - -7.08%
1980 - -2.5%
1979 - -2.34%
1978 - -5.39%
1977 - -5.21%
1976 - -5.05%
1975 - -5.3%
1974 - -4.39%
1973 - -3.71%
1972 - -4.16%
1971 - -3.32%
1970 - -3.24%
1969 - -6.65%
1968 - -3.39%
1967 - -2.59%
1966 - -2.17%
1965 - -2.55%
1964 - -2.89%
1963 - -2.25%
1962 - -2.4%
1961 - -2.69%
1960 - -3.3%
1959 - -2.77%
1958 - -2.27%
1957 - -2.45%
1956 - -0.39%
1955 - -3.57%
1954 - -2.87%
1953 - -3.01%
1952 - -7.21%
1951 - -11.5%
1950 - -12.7%
1949 - -10.4%
1948 - -7.65%
1947 - -
1946 - -
1945 - -
1944 - -
1943 - -
1942 - -
1941 - -
1940 - -
1939 - 0.48%
1938 - 1.78%
1937 - 1.06%
1936 - 0.95%
1935 - 0.72%
1934 - 0.88%
1933 - -2.79%
1932 - -1.78%
1931 - -4%
1930 - -2.23%
1929 - -18.7%
1928 - -0.27%
1927 - 2.65%
1926 - -
1925 - -
1924 - -
1923 - -
1922 - -
1921 - -
1920 - -
1919 - -
1918 - -
1917 - -
1916 - -
1915 - -
1914 - -
1913 - -8.96%
1912 - -7.43%
1911 - -4.61%
1910 - -1.53%
1909 - -2.64%
1908 - -1.54%
1907 - -1.23%
1906 - 0.66%
1905 - 0.91%
1904 - -0.04%
1903 - -0.22%
1902 - -1.67%
1901 - 0.1%
1900 - 0.41%
1899 - 0.86%
1898 - -34.5%
1897 - -8.46%
1896 - 0.82%
1895 - 0.37%
1894 - 2.91%
1893 - 0.14%
1892 - -2.28%
1891 - -6.48%
1890 - -11.2%
1889 - -15.7%
1888 - -3.59%
1887 - -4.88%
1886 - -11.5%
1885 - -12.1%
1884 - -7.16%
1883 - -2.42%
1882 - -1.69%
1881 - -14.5%
1880 - -13.5%

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/greece | 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 Greece's surplus of $3.43B, or 1.34% of GDP.

Over the past 35 years, Djibouti recorded a fiscal deficit in 33 of those years, while Greece ran a deficit in 31 years. On average, Djibouti posted an annual deficit equal to 3.17% of GDP, compared to deficit of 6.49% of GDP for Greece.

Inflation comparison by year

Inflation
Djibouti

Greece
1x
Year Consumer prices inflation
Djibouti Greece
2024 2.1% 2.74%
2023 1.4% 3.46%
2022 5.2% 9.65%
2021 1.2% 1.22%
2020 1.8% -1.25%
2019 3.3% 0.25%
2018 0.1% 0.63%
2017 0.6% 1.12%
2016 2.4% -0.83%
2015 -0.5% -1.74%
2014 1.3% -1.31%
2013 1.1% -0.92%
2012 4.2% 1.5%
2011 5.2% 3.33%
2010 2.5% 4.71%
2009 5.6% 1.21%
2008 8.7% 4.15%
2007 5.9% 2.9%
2006 3.5% 3.2%
2005 3.3% 3.55%
2004 2.4% 2.9%
2003 1.6% 3.53%
2002 1.4% 3.63%
2001 1.9% 3.37%
2000 1.2% 3.15%
1999 -0.4% 2.64%
1998 2.2% 4.77%
1997 2.5% 5.54%

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/greece | CC BY

Over the past 28 years, Djibouti has recorded an average annual inflation rate of 2.56%, compared with 2.4% in Greece. In 2024, inflation was 2.1% in Djibouti and 2.74% in Greece.

Top exports between countries

Djibouti
Export category Export value
Machinery & equipment $74K
Textiles & consumer goods $47K
Processed food, beverages & tobacco $26K
Greece
Export category Export value
Raw materials & minerals $1.5M
Metals $494K
Chemicals & pharma $282K
Miscellaneous $249K
Machinery & equipment $128K
Textiles & consumer goods $55K
Processed food, beverages & tobacco $15K
Wood & paper products $14K
Animal & marine products $6K

Balance of trade

Djibouti Greece
Current account balance
$610M
2024
-$18.2B
2024
Current account balance ranking
59/190
2024
182/190
2024
Current account balance, % of GDP
+14.7%
2024
-7.11%
2024
Goods imports
$4.04B
2024
$91.2B
2024
Goods exports
$4.08B
2024
$52.6B
2024
Service imports
$730M
2024
$31.1B
2024
Service exports
$1.17B
2024
$55.8B
2024
Imports of goods and services, % of GDP
114.8%
2024
47.7%
2024
Exports of goods and services, % of GDP
126.4%
2024
42.1%
2024

Economic freedom indices

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

Djibouti Greece
Economic freedom 56.3 63.2
Economic freedom ranking 122/197 82/197
Property rights 30.4 78
Government integrity 27.9 54.8
Judicial effectiveness 28.6 68
Tax burden 83.5 59.9
Government spending 86.7 24.7
Fiscal health 87.7 78.9
Business freedom 52.9 77.8
Labor freedom 57.5 59.7
Monetary freedom 70.6 72.6
Trade freedom 49.8 79.4
Investment freedom 50 55
Financial freedom 50 50

Economic freedom comparison by year

Djibouti
Greece
1x
Year Economic freedom index
Djibouti Greece
2026 56.3 63.2
2025 55.7 60.6
2024 55.8 55.1
2023 56.1 56.9
2022 55.3 61.5
2021 56.2 60.9
2020 52.9 59.9
2019 47.1 57.7
2018 45.1 57.3
2017 46.7 55
2016 56 53.2
2015 57.5 54
2014 55.9 55.7
2013 53.9 55.4
2012 53.9 55.4
2011 54.5 60.3
2010 51 62.7
2009 51.3 60.8
2008 51.2 60.6
2007 52.4 58.7
2006 53.2 60.1
2005 55.2 59
2004 55.6 59.1
2003 55.7 58.8
2002 57.8 59.1
2001 58.3 63.4
2000 55.1 61
1999 57.1 61
1998 55.9 60.6
1997 54.5 59.6
1996 - 60.5
1995 - 61.2

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

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

The Economic Freedom Index for Djibouti is 56.3, ranking 122/197, compared to 63.2 for Greece, ranking 82/197. The chart above displays a comparison of annual changes in economic freedom indexes.

Other economic metrics

Djibouti Greece
Services, % of GDP
76.1%
2024
68%
2024
Industry, % of GDP
15.9%
2024
15%
2024
Agriculture, forestry, and fishing, % of GDP
2.51%
2024
3.77%
2024
GNI, Atlas method
$4.25B
2024
$236B
2024
GNI per capita, PPP
$8,030
2024
$43,340
2024
Total reserves including gold
$349M
2024
$15.2B
2024
Total reserves ranking
165/177
2024
67/177
2024
Net foreign direct investment
-$67.8M
2024
-$4.52B
2024
Net inflows of foreign direct investment
$67.8M
2024
$6.74B
2024
Net outflows of foreign direct investment
$0
2024
$2.22B
2024
Servicing debt to the IMF, % of GNI
3.27%
2024
n/a
Poverty at national poverty lines
23%
2020
18.8%
2021
Gross capital formation, % of GDP
0.25%
2024
18.3%
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/greece | 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)

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.