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Economy of Djibouti vs Ivory Coast compared: GDP & Debt

Updated on by Georank team

Djibouti has a GDP of $4.15B compared to $87.1B for Ivory Coast, ranking 165/197 and 77/197 by economy size, respectively.

Djibouti has $1.36B in government debt (32.9% of GDP), compared to $51.6B (59.3% of GDP) in Ivory Coast.

Djibouti vs Ivory Coast GDP by year

Djibouti
Ivory Coast
1x
Year GDP, current $
Djibouti Ivory Coast
2024 $4,152,145,940 $87,113,179,149
2023 $3,898,447,007 $80,780,312,569
2022 $3,562,814,909 $70,922,824,814
2021 $3,392,796,953 $72,794,636,654
2020 $3,144,136,197 $63,027,852,805
2019 $3,088,851,450 $60,382,894,697
2018 $2,913,464,658 $58,522,477,787
2017 $2,762,581,334 $52,512,343,997
2016 $2,604,955,229 $48,407,761,037
2015 $2,424,391,785 $45,815,005,169
2014 $2,220,637,966 $48,843,005,614
2013 $2,044,440,443 $42,760,235,485
2012 $1,353,632,942 $36,302,302,877
2011 $1,239,144,502 $36,693,710,801
2010 $1,128,611,700 $34,936,307,980
2009 $1,049,110,685 $33,886,813,250
2008 $999,105,339 $34,078,240,293
2007 $847,918,929 $28,760,090,953
2006 $768,873,684 $25,281,413,263
2005 $708,633,195 $24,036,918,703
2004 $666,072,102 $23,510,575,681
2003 $622,044,666 $21,251,754,340
2002 $591,122,040 $18,054,383,321
2001 $572,417,441 $16,810,537,044
2000 $551,230,862 $16,577,533,892
1999 $536,080,148 $18,870,992,456
1998 $514,267,869 $19,619,654,756
1997 $502,675,542 $18,047,558,038
1996 $494,004,648 $18,071,152,831
1995 $497,723,961 $11,000,146,267
1994 $491,689,221 $8,313,557,510
1993 $466,048,469 $11,045,760,288
1992 $478,058,305 $11,152,971,274
1991 $462,421,999 $10,492,628,581
1990 $452,328,087 $10,795,850,583
1989 $409,220,087 $9,757,410,645
1988 $395,794,539 $10,255,169,806
1987 $373,371,738 $10,087,654,465
1986 - $9,158,302,100
1985 $340,989,528 $6,977,650,644
1984 - $6,841,639,247
1983 - $6,838,184,773
1982 - $7,567,110,849
1981 - $8,432,589,942
1980 - $10,175,617,609
1979 - $9,142,933,967
1978 - $7,900,526,298
1977 - $6,265,068,189
1976 - $4,662,053,825
1975 - $3,893,839,190
1974 - $3,070,152,309
1973 - $2,508,421,426
1972 - $1,849,400,402
1971 - $1,584,128,509
1970 - $1,455,482,795
1969 - $1,361,360,293
1968 - $1,281,281,277
1967 - $1,082,922,725
1966 - $1,024,102,880
1965 - $919,771,229
1964 - $921,063,327
1963 - $761,047,198
1962 - $645,284,474
1961 - $618,245,634
1960 - $546,203,559

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

GeoRank.org/economy/djibouti/ivory-coast | CC BY

GDP per capita in Djibouti vs Ivory Coast by year

Djibouti
GDP per capita

GDP per capita, PPP
Ivory Coast
GDP per capita

GDP per capita, PPP
1x
Year Current $
Djibouti Ivory Coast
GDP per capita GDP per capita, PPP GDP per capita GDP per capita, PPP
2024 $3,553 $7,810 $2,728 $7,669
2023 $3,381 $7,226 $2,592 $7,237
2022 $3,133 $6,621 $2,333 $6,719
2021 $3,026 $5,960 $2,456 $6,045
2020 $2,845 $5,527 $2,180 $5,544
2019 $2,837 $5,398 $2,142 $5,516
2018 $2,718 $5,083 $2,131 $4,946
2017 $2,619 $4,677 $1,964 $4,690
2016 $2,510 $4,432 $1,863 $4,531
2015 $2,376 $4,264 $1,815 $4,404
2014 $2,215 $3,978 $1,991 $4,074
2013 $2,076 $3,762 $1,786 $3,619
2012 $1,400 - $1,547 $3,291
2011 $1,306 - $1,597 $3,176
2010 $1,213 - $1,554 $3,361
2009 $1,151 - $1,540 $3,177
2008 $1,119 - $1,584 $3,116
2007 $970 - $1,368 $2,985
2006 $898 - $1,230 $2,942
2005 $844 - $1,198 $2,842
2004 $806 - $1,200 $2,794
2003 $765 - $1,111 $2,702
2002 $743 - $968 $2,851
2001 $742 - $925 $2,962
2000 $738 - $937 $3,041
1999 $740 - $1,096 $3,065
1998 $735 - $1,177 $3,086
1997 $748 - $1,125 $3,040
1996 $762 - $1,170 $2,832
1995 $786 - $740 $2,683
1994 $785 - $582 $2,551
1993 $759 - $804 $2,577
1992 $764 - $845 $2,625
1991 $733 - $827 $2,677
1990 $780 - $886 $2,693
1989 $782 - $833 -
1988 $817 - $910 -
1987 $822 - $930 -
1986 - - $877 -
1985 $847 - $695 -
1984 - - $709 -
1983 - - $737 -
1982 - - $849 -
1981 - - $986 -
1980 - - $1,238 -
1979 - - $1,157 -
1978 - - $1,039 -
1977 - - $856 -
1976 - - $661 -
1975 - - $575 -
1974 - - $474 -
1973 - - $406 -
1972 - - $313 -
1971 - - $280.3 -
1970 - - $269 -
1969 - - $262.2 -
1968 - - $256.8 -
1967 - - $225.6 -
1966 - - $221.8 -
1965 - - $207 -
1964 - - $215.5 -
1963 - - $185.1 -
1962 - - $163.1 -
1961 - - $162.3 -
1960 - - $148.7 -

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

GeoRank.org/economy/djibouti/ivory-coast | CC BY

Djibouti's GDP per capita is $3,553, ranking 133/197, compared to $2,728 in Ivory Coast, ranking 142/197. Adjusted for purchasing power (GDP per capita PPP), Djibouti ranks 143rd at $7,810, while Ivory Coast ranks 145th at $7,669.

Economic indicators

Djibouti Ivory Coast
Gross domestic product
$4.15B
2024
$87.1B
2024
GDP rank
165/197
2024
77/197
2024
GDP growth
6.98%
2023-2024
6.02%
2023-2024
GDP per capita
$3,553
2024
$2,728
2024
GDP per capita rank
133/197
2024
142/197
2024
GDP per capita, PPP
$7,810
2024
$7,669
2024
GDP per capita PPP rank
143/197
2024
145/197
2024
Government debt
$1.36B
2024
$51.6B
2024
Debt-to-GDP ratio
32.9%
2024
59.3%
2024
Government debt per person
$1,167
2024
$1,616
2024
Government debt per person rank
137/185
2024
125/185
2024
Average annual personal income after taxes
$2,690
2026
$2,733
2026
Market capitalization of domestic companies n/a
$7.33B
2020
Income share by richest 10%
32.3%
2017
27.8%
2021
Income share by poorest 10%
1.9%
2017
3.1%
2021
Government expenditure, % of GDP
20.6%
2024
20.4%
2024
Consumer prices inflation
2.1%
2023-2024
3.45%
2023-2024
Unemployment rate
40%
2017
2.31%
2022
Population
1203929
33722528

Spending and national debt comparison by year

Djibouti
Spending

Debt
Ivory Coast
Spending

Debt
1x
Year % of GDP
Djibouti Ivory Coast
Government spending Government debt Government spending Government debt
2024 20.6% 32.9% 20.4% 59.3%
2023 21.5% 35.4% 21.3% 57.5%
2022 21% 38.3% 21.9% 56%
2021 23.1% 40.3% 20.5% 50.2%
2020 25.8% 42.1% 20.4% 46.3%
2019 24.9% 41.1% 17.2% 37.2%
2018 25.9% 47.5% 17.6% 35.3%
2017 23.9% 48% 18.1% 32.6%
2016 25.9% 45.9% 17.6% 31.1%
2015 42% 40.3% 16.5% 29.2%
2014 29% 26.9% 15.2% 26.7%
2013 26.8% 24.6% 15.9% 24.6%
2012 26.5% 25% 16.1% 24.7%
2011 25.3% 25.7% 13.2% 50%
2010 26.6% 27.9% 14.5% 45.6%
2009 31% 29.5% 14.4% 46.5%
2008 28.8% 59.3% 14.6% 51.2%
2007 26.6% 56.6% 14.8% 53.5%
2006 23.8% 58.3% 14.5% 57.5%
2005 26.2% 60.3% 13.6% 58.2%
2004 26.7% 65.3% 13.5% 56.7%
2003 25.8% 66.3% 12.7% 56.4%
2002 23.4% 63.7% 13.1% 63%
2001 21% 58.1% 11.4% 71.2%
2000 23.2% 58.1% 12.9% 74%
1999 23.5% 58.5% 13.7% 78%
1998 24% 55.2% 14.6% 75.2%
1997 25% 56% 15.2% 84.2%
1996 23.7% 53.1% - -
1995 27% 50.9% - -
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/ivory-coast | CC BY

In 2024, Djibouti's government spending was $856M, accounting for 20.6% of its GDP, while Ivory Coast spent $17.7B, or 20.4% of GDP.

Debt-to-GDP ratio is 32.9% in Djibouti and 59.3% in Ivory Coast, ranking 149/185 and 82/185, respectively.

Government deficit by year

Deficit/surplus
Djibouti

Ivory Coast
1x
Year Deficit/surplus, % of GDP
Djibouti Ivory Coast
2024 -2.6% -3.97%
2023 -3.46% -5.19%
2022 -1.48% -6.74%
2021 -3.05% -4.86%
2020 -2.58% -5.42%
2019 -0.98% -2.22%
2018 -1.98% -2.9%
2017 -0.21% -3.27%
2016 -0.76% -2.98%
2015 -15.5% -2.04%
2014 -6.92% -1.57%
2013 -0.34% -1.62%
2012 -2.04% -2.28%
2011 -1.18% -2.89%
2010 -1.04% -1.34%
2009 -3.88% -1%
2008 0.62% -0.21%
2007 -1.88% -0.39%
2006 0.26% -1.03%
2005 -1.18% -1.03%
2004 -3.67% -1.04%
2003 -4.13% -1.26%
2002 -4.56% -0.64%
2001 -3.61% 0.7%
2000 -3.97% -0.83%
1999 -5.2% -1.27%
1998 -3.59% -0.7%
1997 -2.86% -0.75%
1996 -1.77% -
1995 -5.13% -
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/ivory-coast | 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 Ivory Coast's deficit of $3.45B, or 3.97% of GDP.

Over the past 28 years, Djibouti recorded a fiscal deficit in 26 of those years, while Ivory Coast ran a deficit in 27 years. On average, Djibouti posted an annual deficit equal to 2.92% of GDP, compared to deficit of 2.1% of GDP for Ivory Coast.

Inflation comparison by year

Inflation
Djibouti

Ivory Coast
1x
Year Consumer prices inflation
Djibouti Ivory Coast
2024 2.1% 3.45%
2023 1.4% 4.37%
2022 5.2% 5.23%
2021 1.2% 4.16%
2020 1.8% 2.41%
2019 3.3% 0.79%
2018 0.1% 0.4%
2017 0.6% 0.69%
2016 2.4% 0.72%
2015 -0.5% 1.25%
2014 1.3% 0.45%
2013 1.1% 2.58%
2012 4.2% 1.3%
2011 5.2% 4.91%
2010 2.5% 1.23%
2009 5.6% 1.02%
2008 8.7% 6.31%
2007 5.9% 1.89%
2006 3.5% 2.47%
2005 3.3% 3.89%
2004 2.4% 1.46%
2003 1.6% 3.3%
2002 1.4% 3.08%
2001 1.9% 4.36%
2000 1.2% 2.53%
1999 -0.4% 0.7%
1998 2.2% 4.61%
1997 2.5% 4.02%

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/ivory-coast | CC BY

Over the past 28 years, Djibouti has recorded an average annual inflation rate of 2.56%, compared with 2.63% in Ivory Coast. In 2024, inflation was 2.1% in Djibouti and 3.45% in Ivory Coast.

Top exports between countries

Djibouti
Export category Export value
Machinery & equipment $504K
Raw agricultural goods $395K
Chemicals & pharma $13K
Processed food, beverages & tobacco $5K
Miscellaneous $2K
Ivory Coast
Export category Export value
Chemicals & pharma $3.44M
Textiles & consumer goods $86K
Machinery & equipment $30K
Metals $2K
Processed food, beverages & tobacco $1K

Balance of trade

Djibouti Ivory Coast
Current account balance
$610M
2024
-$9.21B
2023
Current account balance ranking
59/190
2024
175/190
2023
Current account balance, % of GDP
+14.7%
2024
-11.4%
2023
Goods imports
$4.04B
2024
$15.4B
2023
Goods exports
$4.08B
2024
$17.1B
2023
Service imports
$730M
2024
$8.78B
2023
Service exports
$1.17B
2024
$1.5B
2023
Imports of goods and services, % of GDP
114.8%
2024
25.2%
2024
Exports of goods and services, % of GDP
126.4%
2024
26%
2024

Economic freedom indices

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

Djibouti Ivory Coast
Economic freedom 56.3 58.1
Economic freedom ranking 122/197 111/197
Property rights 30.4 43.9
Government integrity 27.9 39.3
Judicial effectiveness 28.6 30.2
Tax burden 83.5 81.6
Government spending 86.7 86.6
Fiscal health 87.7 48
Business freedom 52.9 68.3
Labor freedom 57.5 57.1
Monetary freedom 70.6 67.6
Trade freedom 49.8 74.4
Investment freedom 50 50
Financial freedom 50 50

Economic freedom comparison by year

Djibouti
Ivory Coast
1x
Year Economic freedom index
Djibouti Ivory Coast
2026 56.3 58.1
2025 55.7 57.8
2024 55.8 58.4
2023 56.1 60.4
2022 55.3 61.6
2021 56.2 61.7
2020 52.9 59.7
2019 47.1 62.4
2018 45.1 62
2017 46.7 63
2016 56 60
2015 57.5 58.5
2014 55.9 57.7
2013 53.9 54.1
2012 53.9 54.3
2011 54.5 55.4
2010 51 54.1
2009 51.3 55
2008 51.2 53.9
2007 52.4 54.9
2006 53.2 56.2
2005 55.2 56.6
2004 55.6 57.8
2003 55.7 56.7
2002 57.8 57.3
2001 58.3 54.8
2000 55.1 50.2
1999 57.1 51.7
1998 55.9 51.3
1997 54.5 50.5
1996 - 49.9
1995 - 53.4

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

GeoRank.org/economy/djibouti/ivory-coast | CC BY

The Economic Freedom Index for Djibouti is 56.3, ranking 122/197, compared to 58.1 for Ivory Coast, ranking 111/197. The chart above displays a comparison of annual changes in economic freedom indexes.

Other economic metrics

Djibouti Ivory Coast
Services, % of GDP
76.1%
2024
51.9%
2024
Industry, % of GDP
15.9%
2024
24%
2024
Agriculture, forestry, and fishing, % of GDP
2.51%
2024
15.9%
2024
GNI, Atlas method
$4.25B
2024
$80.9B
2024
GNI per capita, PPP
$8,030
2024
$7,360
2024
Total reserves including gold
$349M
2024
n/a
Total reserves ranking
165/177
2024
n/a
Net foreign direct investment
-$67.8M
2024
-$2B
2023
Net inflows of foreign direct investment
$67.8M
2024
$3.12B
2024
Net outflows of foreign direct investment
$0
2024
$228M
2024
Servicing debt to the IMF, % of GNI
3.27%
2024
6.44%
2024
Poverty at national poverty lines
23%
2020
37.5%
2021
Gross capital formation, % of GDP
0.25%
2024
20.9%
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/ivory-coast | 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. The Heritage Foundation | Economic Freedom Index (1995–2026, 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 (2009–2024, 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.