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Economy of Djibouti vs India compared: GDP & Debt

Updated on by Georank team

Djibouti has a GDP of $4.15B compared to $3.91T for India, ranking 165/197 and 5/197 by economy size, respectively.

Djibouti has $1.36B in government debt (32.9% of GDP), compared to $3.19T (81.6% of GDP) in India.

Djibouti vs India GDP by year

Djibouti
India
1x
Year GDP, current $
Djibouti India
2024 $4,152,145,940 $3,909,891,533,858
2023 $3,898,447,007 $3,638,489,096,034
2022 $3,562,814,909 $3,346,107,287,731
2021 $3,392,796,953 $3,167,270,623,260
2020 $3,144,136,197 $2,674,851,578,587
2019 $3,088,851,450 $2,835,606,256,558
2018 $2,913,464,658 $2,702,929,641,649
2017 $2,762,581,334 $2,651,474,262,755
2016 $2,604,955,229 $2,294,796,885,663
2015 $2,424,391,785 $2,103,588,360,045
2014 $2,220,637,966 $2,039,126,479,155
2013 $2,044,440,443 $1,856,721,507,622
2012 $1,353,632,942 $1,827,637,590,410
2011 $1,239,144,502 $1,823,051,829,895
2010 $1,128,611,700 $1,675,615,519,485
2009 $1,049,110,685 $1,341,888,016,995
2008 $999,105,339 $1,198,895,139,006
2007 $847,918,929 $1,216,736,438,835
2006 $768,873,684 $940,259,888,788
2005 $708,633,195 $820,383,763,511
2004 $666,072,102 $709,152,728,831
2003 $622,044,666 $607,700,687,237
2002 $591,122,040 $514,939,140,319
2001 $572,417,441 $485,440,139,204
2000 $551,230,862 $468,395,521,654
1999 $536,080,148 $458,821,052,616
1998 $514,267,869 $421,351,317,225
1997 $502,675,542 $415,867,563,593
1996 $494,004,648 $392,896,866,205
1995 $497,723,961 $360,281,909,643
1994 $491,689,221 $327,274,843,459
1993 $466,048,469 $279,295,648,983
1992 $478,058,305 $288,208,070,278
1991 $462,421,999 $270,105,341,879
1990 $452,328,087 $320,979,026,420
1989 $409,220,087 $296,042,052,945
1988 $395,794,539 $296,589,670,896
1987 $373,371,738 $279,033,584,092
1986 - $248,985,994,041
1985 $340,989,528 $232,511,554,840
1984 - $212,157,645,178
1983 - $218,262,146,413
1982 - $200,715,624,831
1981 - $193,491,368,446
1980 - $186,328,579,302
1979 - $152,995,442,498
1978 - $137,302,319,829
1977 - $121,486,641,441
1976 - $102,716,451,980
1975 - $98,473,832,017
1974 - $99,526,597,934
1973 - $85,517,673,173
1972 - $71,464,700,667
1971 - $67,351,404,352
1970 - $62,422,483,055
1969 - $58,447,995,017
1968 - $53,085,455,871
1967 - $50,134,942,204
1966 - $45,581,230,504
1965 - $59,556,105,229
1964 - $56,480,289,941
1963 - $48,421,923,459
1962 - $42,161,481,858
1961 - $39,232,435,784
1960 - $37,029,883,876

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

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

GDP per capita in Djibouti vs India by year

Djibouti
GDP per capita

GDP per capita, PPP
India
GDP per capita

GDP per capita, PPP
1x
Year Current $
Djibouti India
GDP per capita GDP per capita, PPP GDP per capita GDP per capita, PPP
2024 $3,553 $7,810 $2,695 $11,160
2023 $3,381 $7,226 $2,530 $10,323
2022 $3,133 $6,621 $2,347 $9,207
2021 $3,026 $5,960 $2,240 $8,050
2020 $2,845 $5,527 $1,907 $6,966
2019 $2,837 $5,398 $2,041 $7,151
2018 $2,718 $5,083 $1,966 $6,715
2017 $2,619 $4,677 $1,950 $6,145
2016 $2,510 $4,432 $1,708 $5,800
2015 $2,376 $4,264 $1,584 $5,425
2014 $2,215 $3,978 $1,554 $5,192
2013 $2,076 $3,762 $1,433 $5,014
2012 $1,400 - $1,429 $4,820
2011 $1,306 - $1,445 $4,455
2010 $1,213 - $1,348 $4,206
2009 $1,151 - $1,095 $3,887
2008 $1,119 - $993 $3,633
2007 $970 - $1,022 $3,508
2006 $898 - $802 $3,221
2005 $844 - $710 $2,937
2004 $806 - $624 $2,682
2003 $765 - $544 $2,461
2002 $743 - $469 $2,277
2001 $742 - $450 $2,200
2000 $738 - $443 $2,091
1999 $740 - $442 $2,006
1998 $735 - $414 $1,852
1997 $748 - $416 $1,759
1996 $762 - $401 $1,695
1995 $786 - $375 $1,579
1994 $785 - $348 $1,467
1993 $759 - $303 $1,374
1992 $764 - $319 $1,309
1991 $733 - $306 $1,239
1990 $780 - $371 $1,212
1989 $782 - $350 -
1988 $817 - $358 -
1987 $822 - $345 -
1986 - - $315 -
1985 $847 - $301 -
1984 - - $281 -
1983 - - $296 -
1982 - - $278.7 -
1981 - - $275 -
1980 - - $271.1 -
1979 - - $228 -
1978 - - $209.4 -
1977 - - $189.6 -
1976 - - $164.1 -
1975 - - $161.1 -
1974 - - $166.7 -
1973 - - $146.6 -
1972 - - $125.3 -
1971 - - $120.7 -
1970 - - $114.4 -
1969 - - $109.5 -
1968 - - $101.6 -
1967 - - $98 -
1966 - - $91 -
1965 - - $121.5 -
1964 - - $117.9 -
1963 - - $103.4 -
1962 - - $92.2 -
1961 - - $87.9 -
1960 - - $84.9 -

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

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

Djibouti's GDP per capita is $3,553, ranking 133/197, compared to $2,695 in India, ranking 143/197. Adjusted for purchasing power (GDP per capita PPP), Djibouti ranks 143rd at $7,810, while India ranks 130th at $11,160.

Economic indicators

Djibouti India
Gross domestic product
$4.15B
2024
$3.91T
2024
GDP rank
165/197
2024
5/197
2024
GDP growth
6.98%
2023-2024
6.49%
2023-2024
GDP per capita
$3,553
2024
$2,695
2024
GDP per capita rank
133/197
2024
143/197
2024
GDP per capita, PPP
$7,810
2024
$11,160
2024
GDP per capita PPP rank
143/197
2024
130/197
2024
Government debt
$1.36B
2024
$3.19T
2024
Debt-to-GDP ratio
32.9%
2024
81.6%
2024
Government debt per person
$1,167
2024
$2,200
2024
Government debt per person rank
137/185
2024
118/185
2024
Average annual personal income after taxes
$2,690
2026
$4,596
2026
Market capitalization of domestic companies n/a
$5.13T
2024
Number of millionaires n/a
917,000
2025
Number of billionaires n/a
205
2025
Income share by richest 10%
32.3%
2017
22.1%
2022
Income share by poorest 10%
1.9%
2017
4.5%
2022
Government expenditure, % of GDP
20.6%
2024
28.4%
2024
Consumer prices inflation
2.1%
2023-2024
4.95%
2023-2024
Central bank interest rate n/a
5.25%
2025
Unemployment rate
40%
2017
4.17%
2024
Population
1203929
1480351380

Spending and national debt comparison by year

Djibouti
Spending

Debt
India
Spending

Debt
1x
Year % of GDP
Djibouti India
Government spending Government debt Government spending Government debt
2024 20.6% 32.9% 28.4% 81.6%
2023 21.5% 35.4% 27.9% 80.7%
2022 21% 38.3% 29.1% 82.2%
2021 23.1% 40.3% 29.9% 83.5%
2020 25.8% 42.1% 31% 88.4%
2019 24.9% 41.1% 26.8% 75.1%
2018 25.9% 47.5% 26.3% 70.4%
2017 23.9% 48% 26.2% 69.7%
2016 25.9% 45.9% 27.2% 68.9%
2015 42% 40.3% 27.1% 69%
2014 29% 26.9% 26.2% 67.1%
2013 26.8% 24.6% 26.6% 67.7%
2012 26.5% 25% 27.4% 68%
2011 25.3% 25.7% 27.6% 68.7%
2010 26.6% 27.9% 28% 67.7%
2009 31% 29.5% 28.5% 72.7%
2008 28.8% 59.3% 29.3% 74.3%
2007 26.6% 56.6% 26.9% 75.4%
2006 23.8% 58.3% 26.9% 77.9%
2005 26.2% 60.3% 26.9% 82.4%
2004 26.7% 65.3% 28.4% 84.9%
2003 25.8% 66.3% 29.9% 85.9%
2002 23.4% 63.7% 29.1% 84.3%
2001 21% 58.1% 28.3% 80.1%
2000 23.2% 58.1% 26.1% 74.9%
1999 23.5% 58.5% 25.8% 71.3%
1998 24% 55.2% 26% 69.3%
1997 25% 56% 25.2% 69%
1996 23.7% 53.1% 24.4% 67.1%
1995 27% 50.9% 25% 70.9%
1994 30.9% - 26.2% 74.8%
1993 35.3% - 26.2% 78.3%
1992 34.9% - 26.7% 78.8%
1991 27.7% - 27.3% 76.7%
1990 30.2% - 25.8% 50.8%
1989 - - 25.7% 50.5%
1988 - - 24.9% 48.9%
1987 - - 22.5% 48.9%
1986 - - 23.2% 47.9%
1985 - - 21.6% 44.3%
1984 - - 19.8% 41.6%
1983 - - 17.8% 39.6%
1982 - - 17.8% 41.7%
1981 - - 16.6% 37.2%
1980 - - 17.5% 38%
1979 - - 15.6% 32.2%
1978 - - 15% 30.8%
1977 - - 13.9% 29.9%
1976 - - 14.4% 31.3%
1975 - - 12.7% 29.5%
1974 - - 11.3% 29%
1973 - - 12.9% 34.1%
1972 - - 13.5% 37.2%
1971 - - 12.4% 37.6%
1970 - - 11.7% 38.1%
1969 - - 11.5% 38.8%
1968 - - 12.6% 40.3%
1967 - - 13.8% 38.5%
1966 - - 13.8% 36.2%
1965 - - 13.7% 36.8%
1964 - - 13.2% 33.8%
1963 - - 12.3% 35.5%
1962 - - 11.5% 36.2%
1961 - - 11.8% 38.7%
1960 - - 11.2% 36.5%

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/india | CC BY

In 2024, Djibouti's government spending was $856M, accounting for 20.6% of its GDP, while India spent $1.11T, or 28.4% of GDP.

Debt-to-GDP ratio is 32.9% in Djibouti and 81.6% in India, ranking 149/185 and 43/185, respectively.

Government deficit by year

Deficit/surplus
Djibouti

India
1x
Year Deficit/surplus, % of GDP
Djibouti India
2024 -2.6% -7.9%
2023 -3.46% -7.4%
2022 -1.48% -8.97%
2021 -3.05% -9.45%
2020 -2.58% -12.9%
2019 -0.98% -7.69%
2018 -1.98% -6.34%
2017 -0.21% -6.23%
2016 -0.76% -7.12%
2015 -15.5% -7.21%
2014 -6.92% -7.07%
2013 -0.34% -7%
2012 -2.04% -7.55%
2011 -1.18% -8.35%
2010 -1.04% -8.79%
2009 -3.88% -9.7%
2008 0.62% -9.17%
2007 -1.88% -4.59%
2006 0.26% -6.38%
2005 -1.18% -7.49%
2004 -3.67% -9.22%
2003 -4.13% -11.4%
2002 -4.56% -11.1%
2001 -3.61% -11%
2000 -3.97% -8.41%
1999 -5.2% -8.7%
1998 -3.59% -9.74%
1997 -2.86% -8.28%
1996 -1.77% -6.71%
1995 -5.13% -6.81%
1994 -4.97% -8%
1993 -7.1% -8.57%
1992 -6.13% -7.89%
1991 -0.86% -7.9%
1990 -3.25% -8.07%
1989 - -7.68%
1988 - -7.01%
1987 - -9.53%
1986 - -10.6%
1985 - -9.58%
1984 - -8.54%
1983 - -7.28%
1982 - -6.78%
1981 - -6.07%
1980 - -7.27%
1979 - -4.87%
1978 - -4.45%
1977 - -4.1%
1976 - -4.1%
1975 - -3.11%
1974 - -2.3%
1973 - -3.53%
1972 - -3.14%
1971 - -2.9%
1970 - -2.35%
1969 - -2.66%
1968 - -3.98%
1967 - -4.97%
1966 - -4.18%
1965 - -4.49%
1964 - -4.41%
1963 - -4.16%
1962 - -3.3%
1961 - -4.1%
1960 - -4.05%
1959 - -5.29%
1958 - -5.08%
1957 - -3.35%
1956 - -2.93%
1955 - -2.77%
1954 - -2.61%
1953 - -1.83%
1952 - 0.03%
1951 - -0.5%
1950 - -1.01%
1949 - -0.73%
1948 - -0.82%
1947 - -0.86%
1946 - -2.89%
1945 - -4.4%
1944 - -3.32%
1943 - -3.48%
1942 - -3.62%
1941 - -0.37%
1940 - -0.59%
1939 - -0.32%
1938 - -0.16%
1937 - -0.1%
1936 - -0.45%
1935 - -0.4%
1934 - -0.09%
1933 - 0%
1932 - 0.03%
1931 - -0.68%
1930 - -1.02%
1929 - -0.91%
1928 - -0.87%
1927 - -0.98%
1926 - -0.88%
1925 - -0.67%
1924 - -0.3%
1923 - -0.66%
1922 - -1.05%
1921 - -1.45%
1920 - -1.57%
1919 - -1.04%
1918 - -0.48%
1917 - -5.69%
1916 - 0.25%
1915 - -0.51%
1914 - -0.98%
1913 - -0.85%
1912 - -0.58%
1911 - -0.42%
1910 - -0.85%
1909 - -0.7%
1908 - -1.25%
1907 - -1.22%
1906 - -0.8%
1905 - -2%
1904 - -0.53%
1903 - -0.56%
1902 - -0.56%
1901 - -0.27%
1900 - -1.06%
1899 - -0.56%
1898 - -0.49%
1897 - -1.02%
1896 - -1%
1895 - -0.41%
1894 - -0.5%
1893 - -0.59%
1892 - -0.56%
1891 - -0.64%
1890 - -0.8%
1889 - -0.45%
1888 - -1.94%
1887 - -1.28%
1886 - -0.75%
1885 - -1.48%
1884 - -1.22%
1883 - -0.81%
1882 - -0.77%
1881 - -0.05%
1880 - -0.69%
1879 - -0.39%
1878 - -0.12%
1877 - -0.84%
1876 - -0.8%
1875 - -0.87%
1874 - -0.15%
1873 - -0.28%
1872 - 0.31%
1871 - 0.42%
1870 - 0.19%
1869 - 0.01%
1868 - -0.38%
1867 - -0.12%
1866 - -0.31%
1865 - 0.21%
1864 - -0.11%
1863 - -0.06%
1862 - 0.15%
1861 - -0.16%

Data sources: International Monetary Fund (IMF) | Public Finances in Modern History (1861–1989, retrieved 2026-02-20); International Monetary Fund (IMF) | Fiscal Monitor (1990–2024, retrieved 2026-02-20).

GeoRank.org/economy/djibouti/india | 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 India's deficit of $309B, or 7.9% of GDP.

Over the past 35 years, Djibouti recorded a fiscal deficit in 33 of those years, while India ran a deficit in 35 years. On average, Djibouti posted an annual deficit equal to 3.17% of GDP, compared to deficit of 8.26% of GDP for India.

Inflation comparison by year

Inflation
Djibouti

India
1x
Year Consumer prices inflation
Djibouti India
2024 2.1% 4.95%
2023 1.4% 5.65%
2022 5.2% 6.7%
2021 1.2% 5.13%
2020 1.8% 6.62%
2019 3.3% 3.73%
2018 0.1% 3.94%
2017 0.6% 3.33%
2016 2.4% 4.95%
2015 -0.5% 4.91%
2014 1.3% 6.67%
2013 1.1% 10%
2012 4.2% 9.48%
2011 5.2% 8.91%
2010 2.5% 12%
2009 5.6% 10.9%
2008 8.7% 8.35%
2007 5.9% 6.37%
2006 3.5% 5.8%
2005 3.3% 4.25%
2004 2.4% 3.77%
2003 1.6% 3.81%
2002 1.4% 4.3%
2001 1.9% 3.78%
2000 1.2% 4.01%
1999 -0.4% 4.67%
1998 2.2% 13.2%
1997 2.5% 7.16%

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/india | CC BY

Over the past 28 years, Djibouti has recorded an average annual inflation rate of 2.56%, compared with 6.33% in India. In 2024, inflation was 2.1% in Djibouti and 4.95% in India.

Top exports between countries

Djibouti
Export category Export value
Processed food, beverages & tobacco $999K
Raw agricultural goods $657K
Chemicals & pharma $260K
Raw materials & minerals $127K
Machinery & equipment $63K
Metals $62K
Miscellaneous $5K
Animal & marine products $2K
India
Export category Export value
Raw materials & minerals $319M
Processed food, beverages & tobacco $195M
Machinery & equipment $132M
Raw agricultural goods $121M
Chemicals & pharma $87.6M
Metals $36.2M
Textiles & consumer goods $35.6M
Wood & paper products $14.2M
Weapons & explosives $5.06M
Miscellaneous $547K

Balance of trade

Djibouti India
Current account balance
$610M
2024
-$32.1B
2024
Current account balance ranking
59/190
2024
186/190
2024
Current account balance, % of GDP
+14.7%
2024
-0.82%
2024
Goods imports
$4.04B
2024
$727B
2024
Goods exports
$4.08B
2024
$447B
2024
Service imports
$730M
2024
$197B
2024
Service exports
$1.17B
2024
$375B
2024
Imports of goods and services, % of GDP
114.8%
2024
23.5%
2024
Exports of goods and services, % of GDP
126.4%
2024
21.2%
2024

Economic freedom indices

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

Djibouti India
Economic freedom 56.3 52.5
Economic freedom ranking 122/197 146/197
Property rights 30.4 48.3
Government integrity 27.9 37.8
Judicial effectiveness 28.6 52.6
Tax burden 83.5 71.2
Government spending 86.7 75.7
Fiscal health 87.7 6.7
Business freedom 52.9 67.4
Labor freedom 57.5 59
Monetary freedom 70.6 70.9
Trade freedom 49.8 61
Investment freedom 50 40
Financial freedom 50 40

Economic freedom comparison by year

Djibouti
India
1x
Year Economic freedom index
Djibouti India
2026 56.3 52.5
2025 55.7 53
2024 55.8 52.9
2023 56.1 52.9
2022 55.3 53.9
2021 56.2 56.5
2020 52.9 56.5
2019 47.1 55.2
2018 45.1 54.5
2017 46.7 52.6
2016 56 56.2
2015 57.5 54.6
2014 55.9 55.7
2013 53.9 55.2
2012 53.9 54.6
2011 54.5 54.6
2010 51 53.8
2009 51.3 54.4
2008 51.2 54.1
2007 52.4 53.9
2006 53.2 52.2
2005 55.2 54.2
2004 55.6 51.5
2003 55.7 51.2
2002 57.8 51.2
2001 58.3 49
2000 55.1 47.4
1999 57.1 50.2
1998 55.9 49.7
1997 54.5 49.7
1996 - 47.4
1995 - 45.1

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

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

The Economic Freedom Index for Djibouti is 56.3, ranking 122/197, compared to 52.5 for India, ranking 146/197. The chart above displays a comparison of annual changes in economic freedom indexes.

Other economic metrics

Djibouti India
Services, % of GDP
76.1%
2024
49.9%
2024
Industry, % of GDP
15.9%
2024
24.6%
2024
Agriculture, forestry, and fishing, % of GDP
2.51%
2024
16.3%
2024
GNI, Atlas method
$4.25B
2024
$3.84T
2024
GNI per capita, PPP
$8,030
2024
$11,000
2024
Total reserves including gold
$349M
2024
$643B
2024
Total reserves ranking
165/177
2024
5/177
2024
Net foreign direct investment
-$67.8M
2024
-$2.89B
2024
Net inflows of foreign direct investment
$67.8M
2024
$27.1B
2024
Net outflows of foreign direct investment
$0
2024
$24.2B
2024
Servicing debt to the IMF, % of GNI
3.27%
2024
2.38%
2024
Poverty at national poverty lines
23%
2020
21.9%
2011
Gross capital formation, % of GDP
0.25%
2024
32.9%
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/india | 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 (1861–2008, retrieved 2026-02-20)
  3. International Monetary Fund (IMF) | Fiscal Monitor (1990–2024, retrieved 2026-02-20)
  4. The Heritage Foundation | Economic Freedom Index (1995–2026, retrieved 2026-03-09)
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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.