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Economy of Djibouti vs Hungary compared: GDP & Debt

Updated on by Georank team

Djibouti has a GDP of $4.15B compared to $223B for Hungary, ranking 165/197 and 55/197 by economy size, respectively.

Djibouti has $1.36B in government debt (32.9% of GDP), compared to $164B (73.5% of GDP) in Hungary.

Djibouti vs Hungary GDP by year

Djibouti
Hungary
1x
Year GDP, current $
Djibouti Hungary
2024 $4,152,145,940 $222,722,738,926
2023 $3,898,447,007 $213,240,316,635
2022 $3,562,814,909 $177,002,580,544
2021 $3,392,796,953 $183,282,685,440
2020 $3,144,136,197 $158,468,487,754
2019 $3,088,851,450 $164,936,682,034
2018 $2,913,464,658 $161,184,691,014
2017 $2,762,581,334 $143,335,098,992
2016 $2,604,955,229 $128,983,560,865
2015 $2,424,391,785 $125,244,126,623
2014 $2,220,637,966 $141,128,696,412
2013 $2,044,440,443 $135,646,053,779
2012 $1,353,632,942 $128,470,269,690
2011 $1,239,144,502 $141,712,804,954
2010 $1,128,611,700 $131,898,737,241
2009 $1,049,110,685 $130,807,441,076
2008 $999,105,339 $158,228,265,916
2007 $847,918,929 $140,123,326,896
2006 $768,873,684 $115,604,111,412
2005 $708,633,195 $113,098,237,571
2004 $666,072,102 $104,015,363,080
2003 $622,044,666 $85,190,469,121
2002 $591,122,040 $67,636,468,625
2001 $572,417,441 $53,800,068,066
2000 $551,230,862 $47,275,954,429
1999 $536,080,148 $49,160,204,397
1998 $514,267,869 $48,784,412,624
1997 $502,675,542 $47,398,564,799
1996 $494,004,648 $46,833,767,124
1995 $497,723,961 $46,577,614,589
1994 $491,689,221 $43,307,949,890
1993 $466,048,469 $40,256,233,360
1992 $478,058,305 $38,857,339,125
1991 $462,421,999 $34,867,307,353
1990 $452,328,087 $34,478,360,679
1989 $409,220,087 $30,422,508,938
1988 $395,794,539 $29,799,838,597
1987 $373,371,738 $27,232,016,527
1986 - $24,778,163,812
1985 $340,989,528 $21,510,643,750
1984 - $21,242,726,264
1983 - $21,910,365,258
1982 - $24,141,667,188
1981 - $23,705,883,892
1980 - $23,116,977,148
1979 - $19,959,731,325
1978 - $17,286,744,154
1977 - $14,783,674,055
1976 - $13,235,612,079
1975 - $11,420,392,515
1974 - $10,016,338,179
1973 - $9,138,292,402
1972 - $7,379,313,742
1971 - $6,291,568,221
1970 - $5,780,929,203
1969 - $5,429,812,387
1968 - $4,886,222,555

Data sources: World Bank | Economy & Growth (1968–2024, retrieved 2026-04-06).

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

GDP per capita in Djibouti vs Hungary by year

Djibouti
GDP per capita

GDP per capita, PPP
Hungary
GDP per capita

GDP per capita, PPP
1x
Year Current $
Djibouti Hungary
GDP per capita GDP per capita, PPP GDP per capita GDP per capita, PPP
2024 $3,553 $7,810 $23,292 $48,552
2023 $3,381 $7,226 $22,231 $46,592
2022 $3,133 $6,621 $18,428 $44,366
2021 $3,026 $5,960 $19,031 $38,887
2020 $2,845 $5,527 $16,387 $35,584
2019 $2,837 $5,398 $17,013 $35,627
2018 $2,718 $5,083 $16,605 $32,258
2017 $2,619 $4,677 $14,736 $29,728
2016 $2,510 $4,432 $13,216 $28,179
2015 $2,376 $4,264 $12,783 $26,938
2014 $2,215 $3,978 $14,353 $25,796
2013 $2,076 $3,762 $13,739 $24,592
2012 $1,400 - $12,950 $23,205
2011 $1,306 - $14,211 $22,992
2010 $1,213 - $13,190 $21,691
2009 $1,151 - $13,051 $20,691
2008 $1,119 - $15,763 $20,709
2007 $970 - $13,935 $19,089
2006 $898 - $11,478 $18,362
2005 $844 - $11,212 $17,091
2004 $806 - $10,291 $16,251
2003 $765 - $8,410 $15,460
2002 $743 - $6,658 $14,532
2001 $742 - $5,281 $13,223
2000 $738 - $4,630 $11,872
1999 $740 - $4,802 $10,892
1998 $735 - $4,752 $10,415
1997 $748 - $4,606 $9,846
1996 $762 - $4,542 $9,388
1995 $786 - $4,509 $9,222
1994 $785 - $4,187 $8,888
1993 $759 - $3,887 $8,441
1992 $764 - $3,747 $8,284
1991 $733 - $3,361 $8,352
1990 $780 - $3,324 $9,169
1989 $782 - $2,902 -
1988 $817 - $2,812 -
1987 $822 - $2,566 -
1986 - - $2,331 -
1985 $847 - $2,020 -
1984 - - $1,991 -
1983 - - $2,050 -
1982 - - $2,255 -
1981 - - $2,213 -
1980 - - $2,158 -
1979 - - $1,865 -
1978 - - $1,618 -
1977 - - $1,388 -
1976 - - $1,249 -
1975 - - $1,083 -
1974 - - $956 -
1973 - - $876 -
1972 - - $710 -
1971 - - $607 -
1970 - - $559 -
1969 - - $527 -
1968 - - $476 -

Data sources: World Bank | Economy & Growth (1968–2024, retrieved 2026-04-06).

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

Djibouti's GDP per capita is $3,553, ranking 133/197, compared to $23,292 in Hungary, ranking 55/197. Adjusted for purchasing power (GDP per capita PPP), Djibouti ranks 143rd at $7,810, while Hungary ranks 48th at $48,552.

Economic indicators

Djibouti Hungary
Gross domestic product
$4.15B
2024
$223B
2024
GDP rank
165/197
2024
55/197
2024
GDP growth
6.98%
2023-2024
0.56%
2023-2024
GDP per capita
$3,553
2024
$23,292
2024
GDP per capita rank
133/197
2024
55/197
2024
GDP per capita, PPP
$7,810
2024
$48,552
2024
GDP per capita PPP rank
143/197
2024
48/197
2024
Government debt
$1.36B
2024
$164B
2024
Debt-to-GDP ratio
32.9%
2024
73.5%
2024
Government debt per person
$1,167
2024
$17,109
2024
Government debt per person rank
137/185
2024
37/185
2024
Average annual personal income after taxes
$2,690
2026
$16,996
2026
Market capitalization of domestic companies n/a
$41.5B
2024
Number of millionaires n/a
24,692
2025
Number of billionaires n/a
4
2025
Income share by richest 10%
32.3%
2017
24.4%
2022
Income share by poorest 10%
1.9%
2017
2.8%
2022
Government expenditure, % of GDP
20.6%
2024
46.9%
2024
Consumer prices inflation
2.1%
2023-2024
3.7%
2023-2024
Central bank interest rate n/a
6.5%
2024
Unemployment rate
40%
2017
4.47%
2024
Population
1203929
9475525

Spending and national debt comparison by year

Djibouti
Spending

Debt
Hungary
Spending

Debt
1x
Year % of GDP
Djibouti Hungary
Government spending Government debt Government spending Government debt
2024 20.6% 32.9% 46.9% 73.5%
2023 21.5% 35.4% 49.2% 73%
2022 21% 38.3% 48.7% 73.9%
2021 23.1% 40.3% 48.1% 76.2%
2020 25.8% 42.1% 51% 78.7%
2019 24.9% 41.1% 45.8% 65%
2018 25.9% 47.5% 45.9% 68.8%
2017 23.9% 48% 46.6% 72%
2016 25.9% 45.9% 46.7% 74.6%
2015 42% 40.3% 50.4% 75.7%
2014 29% 26.9% 50% 76.5%
2013 26.8% 24.6% 50.1% 77.2%
2012 26.5% 25% 49.2% 78.4%
2011 25.3% 25.7% 49.1% 80.5%
2010 26.6% 27.9% 48.9% 80.2%
2009 31% 29.5% 50.7% 78.2%
2008 28.8% 59.3% 48.8% 71.8%
2007 26.6% 56.6% 49.9% 65.6%
2006 23.8% 58.3% 51.4% 64.5%
2005 26.2% 60.3% 49.4% 60.6%
2004 26.7% 65.3% 48.8% 58.9%
2003 25.8% 66.3% 49.2% 58.2%
2002 23.4% 63.7% 51% 55.6%
2001 21% 58.1% 47.2% 52.2%
2000 23.2% 58.1% 47.3% 55.6%
1999 23.5% 58.5% 48.9% 60.3%
1998 24% 55.2% 50.7% 60.4%
1997 25% 56% 49.5% 62.2%
1996 23.7% 53.1% 50.9% 71.2%
1995 27% 50.9% 55% 83.9%
1994 30.9% - - 86.2%
1993 35.3% - - 87.2%
1992 34.9% - - 76.5%
1991 27.7% - - 74.2%
1990 30.2% - - 63.7%
1989 - - - 70.7%

Data sources: International Monetary Fund (IMF) | Fiscal Monitor (1990–2024, retrieved 2026-02-20); International Monetary Fund (IMF) | Public Finances in Modern History (1989–2008, retrieved 2026-02-20).

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

In 2024, Djibouti's government spending was $856M, accounting for 20.6% of its GDP, while Hungary spent $104B, or 46.9% of GDP.

Debt-to-GDP ratio is 32.9% in Djibouti and 73.5% in Hungary, ranking 149/185 and 49/185, respectively.

Government deficit by year

Deficit/surplus
Djibouti

Hungary
1x
Year Deficit/surplus, % of GDP
Djibouti Hungary
2024 -2.6% -4.92%
2023 -3.46% -6.75%
2022 -1.48% -6.17%
2021 -3.05% -7.11%
2020 -2.58% -7.49%
2019 -0.98% -2.02%
2018 -1.98% -2.05%
2017 -0.21% -2.45%
2016 -0.76% -1.79%
2015 -15.5% -2%
2014 -6.92% -2.77%
2013 -0.34% -2.6%
2012 -2.04% -2.33%
2011 -1.18% -5.22%
2010 -1.04% -4.44%
2009 -3.88% -4.76%
2008 0.62% -3.78%
2007 -1.88% -5.09%
2006 0.26% -9.27%
2005 -1.18% -7.79%
2004 -3.67% -6.6%
2003 -4.13% -7.19%
2002 -4.56% -8.79%
2001 -3.61% -4%
2000 -3.97% -3.04%
1999 -5.2% -5.27%
1998 -3.59% -7.41%
1997 -2.86% -5.54%
1996 -1.77% -4.36%
1995 -5.13% -8.57%
1994 -4.97% -
1993 -7.1% -
1992 -6.13% -
1991 -0.86% -
1990 -3.25% -
1989 - -
1988 - -
1987 - -
1986 - -
1985 - -
1984 - -
1983 - -
1982 - -
1981 - -
1980 - -
1979 - -
1978 - -
1977 - -
1976 - -
1975 - -
1974 - -
1973 - -
1972 - -
1971 - -
1970 - -
1969 - -
1968 - -
1967 - -
1966 - -
1965 - -
1964 - -
1963 - -
1962 - -
1961 - -
1960 - -
1959 - -
1958 - -
1957 - -
1956 - -
1955 - -
1954 - -
1953 - -
1952 - -
1951 - -
1950 - -
1949 - -
1948 - -
1947 - -
1946 - -
1945 - -
1944 - -
1943 - -0.17%
1942 - 0.31%
1941 - 0.2%
1940 - -0.07%
1939 - 0.19%
1938 - -0.11%
1937 - -0.01%
1936 - 0.08%
1935 - 0.03%
1934 - 0.04%
1933 - -0.03%
1932 - -0.22%
1931 - -0.32%
1930 - -0.26%
1929 - 0.02%
1928 - 0.12%
1927 - 0.15%

Data sources: International Monetary Fund (IMF) | Fiscal Monitor (1990–2024, retrieved 2026-02-20); International Monetary Fund (IMF) | Public Finances in Modern History (1927–1943, retrieved 2026-02-20).

GeoRank.org/economy/djibouti/hungary | 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 Hungary's deficit of $10.9B, or 4.92% of GDP.

Over the past 30 years, Djibouti recorded a fiscal deficit in 28 of those years, while Hungary ran a deficit in 30 years. On average, Djibouti posted an annual deficit equal to 2.96% of GDP, compared to deficit of 5.05% of GDP for Hungary.

Inflation comparison by year

Inflation
Djibouti

Hungary
1x
Year Consumer prices inflation
Djibouti Hungary
2024 2.1% 3.7%
2023 1.4% 17.1%
2022 5.2% 14.6%
2021 1.2% 5.11%
2020 1.8% 3.33%
2019 3.3% 3.34%
2018 0.1% 2.85%
2017 0.6% 2.35%
2016 2.4% 0.39%
2015 -0.5% -0.06%
2014 1.3% -0.23%
2013 1.1% 1.73%
2012 4.2% 5.65%
2011 5.2% 3.93%
2010 2.5% 4.86%
2009 5.6% 4.21%
2008 8.7% 6.04%
2007 5.9% 7.96%
2006 3.5% 3.93%
2005 3.3% 3.56%
2004 2.4% 6.74%
2003 1.6% 4.66%
2002 1.4% 5.27%
2001 1.9% 9.12%
2000 1.2% 9.8%
1999 -0.4% 10%
1998 2.2% 14.2%
1997 2.5% 18.3%

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/hungary | CC BY

Over the past 28 years, Djibouti has recorded an average annual inflation rate of 2.56%, compared with 6.16% in Hungary. In 2024, inflation was 2.1% in Djibouti and 3.7% in Hungary.

Top exports between countries

Djibouti
Export category Export value
Hungary
Export category Export value
Machinery & equipment $2.59M
Raw materials & minerals $544K
Chemicals & pharma $466K
Textiles & consumer goods $285K
Processed food, beverages & tobacco $57K
Raw agricultural goods $37K
Metals $3K

Balance of trade

Djibouti Hungary
Current account balance
$610M
2024
$3.52B
2024
Current account balance ranking
59/190
2024
36/190
2024
Current account balance, % of GDP
+14.7%
2024
+1.58%
2024
Goods imports
$4.04B
2024
$130B
2024
Goods exports
$4.08B
2024
$129B
2024
Service imports
$730M
2024
$27.9B
2024
Service exports
$1.17B
2024
$38.9B
2024
Imports of goods and services, % of GDP
114.8%
2024
71.1%
2024
Exports of goods and services, % of GDP
126.4%
2024
75.4%
2024

Economic freedom indices

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

Djibouti Hungary
Economic freedom 56.3 62.5
Economic freedom ranking 122/197 86/197
Property rights 30.4 67.3
Government integrity 27.9 44
Judicial effectiveness 28.6 61.9
Tax burden 83.5 85.1
Government spending 86.7 30.2
Fiscal health 87.7 32.7
Business freedom 52.9 70.8
Labor freedom 57.5 56.5
Monetary freedom 70.6 72.1
Trade freedom 49.8 79.4
Investment freedom 50 80
Financial freedom 50 70

Economic freedom comparison by year

Djibouti
Hungary
1x
Year Economic freedom index
Djibouti Hungary
2026 56.3 62.5
2025 55.7 61.4
2024 55.8 61.2
2023 56.1 64.1
2022 55.3 66.9
2021 56.2 67.2
2020 52.9 66.4
2019 47.1 65
2018 45.1 66.7
2017 46.7 65.8
2016 56 66
2015 57.5 66.8
2014 55.9 67
2013 53.9 67.3
2012 53.9 67.1
2011 54.5 66.6
2010 51 66.1
2009 51.3 66.8
2008 51.2 67.6
2007 52.4 64.8
2006 53.2 65
2005 55.2 63.5
2004 55.6 62.7
2003 55.7 63
2002 57.8 64.5
2001 58.3 65.6
2000 55.1 64.4
1999 57.1 59.6
1998 55.9 56.9
1997 54.5 55.3
1996 - 56.8
1995 - 55.2

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

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

The Economic Freedom Index for Djibouti is 56.3, ranking 122/197, compared to 62.5 for Hungary, ranking 86/197. The chart above displays a comparison of annual changes in economic freedom indexes.

Other economic metrics

Djibouti Hungary
Services, % of GDP
76.1%
2024
59.5%
2024
Industry, % of GDP
15.9%
2024
23.7%
2024
Agriculture, forestry, and fishing, % of GDP
2.51%
2024
2.71%
2024
GNI, Atlas method
$4.25B
2024
$199B
2024
GNI per capita, PPP
$8,030
2024
$47,290
2024
Total reserves including gold
$349M
2024
$46.4B
2024
Total reserves ranking
165/177
2024
42/177
2024
Net foreign direct investment
-$67.8M
2024
-$15.8B
2024
Net inflows of foreign direct investment
$67.8M
2024
-$62.2B
2024
Net outflows of foreign direct investment
$0
2024
-$78B
2024
Servicing debt to the IMF, % of GNI
3.27%
2024
n/a
Poverty at national poverty lines
23%
2020
12.1%
2021
Gross capital formation, % of GDP
0.25%
2024
23.5%
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/hungary | CC BY

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Data sources:

  1. World Bank | Economy & Growth (1968–2024, 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. International Monetary Fund (IMF) | Public Finances in Modern History (1927–2008, retrieved 2026-02-20)
  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.