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Economy of Djibouti vs Libya compared: GDP & Debt

Updated on by Georank team

Djibouti has a GDP of $4.15B compared to $48.5B for Libya, ranking 165/197 and 95/197 by economy size, respectively.

Djibouti vs Libya GDP by year

Djibouti
Libya
1x
Year GDP, current $
Djibouti Libya
2024 $4,152,145,940 $48,487,151,215
2023 $3,898,447,007 $44,027,664,915
2022 $3,562,814,909 $43,246,297,922
2021 $3,392,796,953 $35,217,995,647
2020 $3,144,136,197 $46,854,285,441
2019 $3,088,851,450 $69,254,496,472
2018 $2,913,464,658 $76,686,029,772
2017 $2,762,581,334 $67,157,452,182
2016 $2,604,955,229 $49,912,073,701
2015 $2,424,391,785 $48,717,501,321
2014 $2,220,637,966 $57,372,355,592
2013 $2,044,440,443 $75,351,107,029
2012 $1,353,632,942 $92,540,938,129
2011 $1,239,144,502 $48,169,263,294
2010 $1,128,611,700 $75,380,825,062
2009 $1,049,110,685 $60,808,562,033
2008 $999,105,339 $86,710,767,415
2007 $847,918,929 $68,032,978,391
2006 $768,873,684 $60,094,231,607
2005 $708,633,195 $47,334,691,241
2004 $666,072,102 $33,122,307,692
2003 $622,044,666 $26,265,625,000
2002 $591,122,040 $20,481,889,764
2001 $572,417,441 $34,112,093,927
2000 $551,230,862 $38,270,954,138
1999 $536,080,148 $35,975,860,857
1998 $514,267,869 $27,251,301,398
1997 $502,675,542 $30,700,897,875
1996 $494,004,648 $27,884,615,385
1995 $497,723,961 $25,541,379,187
1994 $491,689,221 $28,610,549,763
1993 $466,048,469 $30,660,051,911
1992 $478,058,305 $33,887,047,909
1991 $462,421,999 $31,991,821,265
1990 $452,328,087 $28,904,183,602
1989 $409,220,087 $25,156,707,899
1988 $395,794,539 $24,308,959,591
1987 $373,371,738 $26,697,659,335
1986 - $24,180,400,959
1985 $340,989,528 $31,530,566,324
1984 - $29,476,109,153
1983 - $33,200,520,140
1982 - $33,760,146,991
1981 - $36,374,353,880
1980 - $40,953,924,949
1979 - $30,536,429,497
1978 - $22,136,422,643
1977 - $22,428,297,108
1976 - $19,096,943,017
1975 - $14,710,912,458
1974 - $15,112,543,717
1973 - $8,625,889,430
1972 - $6,299,395,544
1971 - $5,260,185,125
1970 - $4,601,649,451
1969 - $4,380,987,481
1968 - $3,850,623,095
1967 - $2,726,986,913
1966 - $2,312,438,536
1965 - $1,804,979,680
1964 - $1,341,395,421
1963 - $892,327,911
1962 - $619,725,785
1961 - $443,905,612
1960 - $401,644,249

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

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

GDP per capita in Djibouti vs Libya by year

Djibouti
GDP per capita

GDP per capita, PPP
Libya
GDP per capita

GDP per capita, PPP
1x
Year Current $
Djibouti Libya
GDP per capita GDP per capita, PPP GDP per capita GDP per capita, PPP
2024 $3,553 $7,810 $6,569 $14,304
2023 $3,381 $7,226 $6,027 $13,847
2022 $3,133 $6,621 $5,987 $12,266
2021 $3,026 $5,960 $4,936 $12,642
2020 $2,845 $5,527 $6,650 $10,955
2019 $2,837 $5,398 $9,963 $16,194
2018 $2,718 $5,083 $11,197 $18,879
2017 $2,619 $4,677 $9,966 $18,026
2016 $2,510 $4,432 $7,526 $16,961
2015 $2,376 $4,264 $7,458 $17,903
2014 $2,215 $3,978 $8,926 $17,510
2013 $2,076 $3,762 $11,952 $21,151
2012 $1,400 - $14,976 $26,826
2011 $1,306 - $7,594 $15,698
2010 $1,213 - $11,601 $30,234
2009 $1,151 - $9,551 $29,027
2008 $1,119 - $13,906 $30,812
2007 $970 - $11,145 $30,929
2006 $898 - $10,049 $28,936
2005 $844 - $8,079 $26,903
2004 $806 - $5,774 $23,813
2003 $765 - $4,674 $22,663
2002 $743 - $3,718 $20,061
2001 $742 - $6,313 $20,332
2000 $738 - $7,214 $20,617
1999 $740 - $6,895 $19,769
1998 $735 - $5,301 $19,639
1997 $748 - $6,062 $20,439
1996 $762 - $5,591 $19,392
1995 $786 - $5,205 $18,952
1994 $785 - $5,933 $19,318
1993 $759 - $6,478 $18,904
1992 $764 - $7,303 $19,572
1991 $733 - $7,040 $20,085
1990 $780 - $6,502 $17,173
1989 $782 - $5,793 -
1988 $817 - $5,736 -
1987 $822 - $6,465 -
1986 - - $6,019 -
1985 $847 - $8,087 -
1984 - - $7,811 -
1983 - - $8,927 -
1982 - - $9,064 -
1981 - - $10,044 -
1980 - - $11,960 -
1979 - - $9,443 -
1978 - - $7,252 -
1977 - - $7,783 -
1976 - - $7,018 -
1975 - - $5,721 -
1974 - - $6,214 -
1973 - - $3,727 -
1972 - - $2,830 -
1971 - - $2,443 -
1970 - - $2,210 -
1969 - - $2,175 -
1968 - - $1,972 -
1967 - - $1,437 -
1966 - - $1,251 -
1965 - - $1,001 -
1964 - - $765 -
1963 - - $528 -
1962 - - $382 -
1961 - - $285.3 -
1960 - - $269 -

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

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

Djibouti's GDP per capita is $3,553, ranking 133/197, compared to $6,569 in Libya, ranking 107/197. Adjusted for purchasing power (GDP per capita PPP), Djibouti ranks 143rd at $7,810, while Libya ranks 118th at $14,304.

Economic indicators

Djibouti Libya
Gross domestic product
$4.15B
2024
$48.5B
2024
GDP rank
165/197
2024
95/197
2024
GDP growth
6.98%
2023-2024
1.9%
2023-2024
GDP per capita
$3,553
2024
$6,569
2024
GDP per capita rank
133/197
2024
107/197
2024
GDP per capita, PPP
$7,810
2024
$14,304
2024
GDP per capita PPP rank
143/197
2024
118/197
2024
Government debt
$1.36B
2024
n/a
Debt-to-GDP ratio
32.9%
2024
n/a
Government debt per person
$1,167
2024
n/a
Government debt per person rank
137/185
2024
n/a
Average annual personal income after taxes
$2,690
2026
$3,172
2026
Income share by richest 10%
32.3%
2017
n/a
Income share by poorest 10%
1.9%
2017
n/a
Government expenditure, % of GDP
20.6%
2024
94.8%
2024
Consumer prices inflation
2.1%
2023-2024
2.13%
2023-2024
Unemployment rate
40%
2017
30%
2004
Population
1203929
7559873

Government deficit by year

Deficit/surplus
Djibouti

Libya
1x
Year Deficit/surplus, % of GDP
Djibouti Libya
2024 -2.6% -25.1%
2023 -3.46% 8.22%
2022 -1.48% 23.6%
2021 -3.05% 14.8%
2020 -2.58% -22.3%
2019 -0.98% 11.9%
2018 -1.98% 9.39%
2017 -0.21% -11.1%
2016 -0.76% -29.3%
2015 -15.5% -28.5%
2014 -6.92% -30.5%
2013 -0.34% -16.3%
2012 -2.04% 24.6%
2011 -1.18% -11.5%
2010 -1.04% 11.5%
2009 -3.88% -5.46%
2008 0.62% 27.7%
2007 -1.88% 28.4%
2006 0.26% 29.1%
2005 -1.18% 30.4%
2004 -3.67% 11.3%
2003 -4.13% 6.17%
2002 -4.56% 6.99%
2001 -3.61% 0.07%
2000 -3.97% 13.6%
1999 -5.2% 5.69%
1998 -3.59% -2.36%
1997 -2.86% -2.1%
1996 -1.77% 11.3%
1995 -5.13% 3.8%
1994 -4.97% -2.67%
1993 -7.1% -5.77%
1992 -6.13% 0.11%
1991 -0.86% 8.41%
1990 -3.25% 3.36%

Data sources: International Monetary Fund (IMF) | Fiscal Monitor (1990–2024, retrieved 2026-02-20).

GeoRank.org/economy/djibouti/libya | 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 Libya's deficit of $12.1B, or 25.1% of GDP.

Over the past 35 years, Djibouti recorded a fiscal deficit in 33 of those years, while Libya ran a deficit in 13 years. On average, Djibouti posted an annual deficit equal to 3.17% of GDP, compared to surplus of 2.79% of GDP for Libya.

Inflation comparison by year

Inflation
Djibouti

Libya
1x
Year Consumer prices inflation
Djibouti Libya
2024 2.1% 2.13%
2023 1.4% 2.37%
2022 5.2% 4.51%
2021 1.2% 2.87%
2020 1.8% 1.45%
2019 3.3% -2.16%
2018 0.1% 13.2%
2017 0.6% 25.8%
2016 2.4% 25.9%
2015 -0.5% 10.4%
2014 1.3% 2.43%
2013 1.1% 2.61%
2012 4.2% 6.06%
2011 5.2% 15.5%
2010 2.5% 2.8%
2009 5.6% 2.46%
2008 8.7% 10.4%
2007 5.9% 6.25%
2006 3.5% 1.46%
2005 3.3% 2.65%
2004 2.4% -2.2%
2003 1.6% -2.19%
2002 1.4% -9.8%
2001 1.9% -8.81%
2000 1.2% -2.9%
1999 -0.4% 2.65%
1998 2.2% 3.71%
1997 2.5% 3.55%

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/libya | CC BY

Over the past 28 years, Djibouti has recorded an average annual inflation rate of 2.56%, compared with 4.39% in Libya. In 2024, inflation was 2.1% in Djibouti and 2.13% in Libya.

Top exports between countries

Djibouti
Export category Export value
Processed food, beverages & tobacco $1.26M
Animal & marine products $152K
Machinery & equipment $11K
Textiles & consumer goods $8K
Libya
Export category Export value

Balance of trade

Djibouti Libya
Current account balance
$610M
2024
$1.86B
2023
Current account balance ranking
59/190
2024
46/190
2023
Current account balance, % of GDP
+14.7%
2024
+4.24%
2023
Goods imports
$4.04B
2024
$23.2B
2023
Goods exports
$4.08B
2024
$37.1B
2023
Service imports
$730M
2024
$10.1B
2023
Service exports
$1.17B
2024
$642M
2023
Imports of goods and services, % of GDP
114.8%
2024
56.8%
2024
Exports of goods and services, % of GDP
126.4%
2024
72%
2024

Economic freedom indices

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

Djibouti Libya
Economic freedom 56.3 35.9
Economic freedom ranking 122/197 189/197
Property rights 30.4 6.3
Government integrity 27.9 10.3
Judicial effectiveness 28.6 4.9
Tax burden 83.5 95
Government spending 86.7 0
Fiscal health 87.7 19.9
Business freedom 52.9 32.4
Labor freedom 57.5 48.2
Monetary freedom 70.6 75.2
Trade freedom 49.8 80
Investment freedom 50 5
Financial freedom 50 20

Economic freedom comparison by year

Djibouti
Libya
1x
Year Economic freedom index
Djibouti Libya
2026 56.3 -
2025 55.7 -
2024 55.8 -
2023 56.1 -
2022 55.3 -
2021 56.2 -
2020 52.9 -
2019 47.1 -
2018 45.1 -
2017 46.7 -
2016 56 -
2015 57.5 -
2014 55.9 -
2013 53.9 -
2012 53.9 35.9
2011 54.5 38.6
2010 51 40.2
2009 51.3 43.5
2008 51.2 38.7
2007 52.4 37
2006 53.2 33.2
2005 55.2 32.8
2004 55.6 31.5
2003 55.7 34.6
2002 57.8 35.4
2001 58.3 34
2000 55.1 34.7
1999 57.1 32.3
1998 55.9 32
1997 54.5 28.9
1996 - 31.7

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

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

The Economic Freedom Index for Djibouti is 56.3, ranking 122/197, compared to 35.9 for Libya, ranking 189/197. The chart above displays a comparison of annual changes in economic freedom indexes.

Other economic metrics

Djibouti Libya
Services, % of GDP
76.1%
2024
28.3%
2024
Industry, % of GDP
15.9%
2024
73.5%
2024
Agriculture, forestry, and fishing, % of GDP
2.51%
2024
2.39%
2024
GNI, Atlas method
$4.25B
2024
$50.9B
2024
GNI per capita, PPP
$8,030
2024
$15,400
2024
Total reserves including gold
$349M
2024
$92.9B
2024
Total reserves ranking
165/177
2024
29/177
2024
Net foreign direct investment
-$67.8M
2024
-$795M
2023
Net inflows of foreign direct investment
$67.8M
2024
$0
2024
Net outflows of foreign direct investment
$0
2024
-$56.5M
2024
Servicing debt to the IMF, % of GNI
3.27%
2024
n/a
Poverty at national poverty lines
23%
2020
7.4%
2005
Gross capital formation, % of GDP
0.25%
2024
14.3%
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/libya | 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 (1996–2026, retrieved 2026-03-09)
  4. U.S. Census Bureau (1985–2024, retrieved 2026-02-08)
  5. Central Intelligence Agency (CIA) (2004–2020, retrieved 2026-02-20)
  6. TradeMap (2009–2023, retrieved 2026-02-08)
  7. United Nations | World Population Prospects (2026, retrieved 2026-03-10)
  8. 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.