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Economy of Djibouti vs Mali compared: GDP & Debt

Updated on by Georank team

Djibouti has a GDP of $4.15B compared to $26.8B for Mali, ranking 165/197 and 113/197 by economy size, respectively.

Djibouti has $1.36B in government debt (32.9% of GDP), compared to $13.9B (51.7% of GDP) in Mali.

Djibouti vs Mali GDP by year

Djibouti
Mali
1x
Year GDP, current $
Djibouti Mali
2024 $4,152,145,940 $26,794,747,240
2023 $3,898,447,007 $24,813,860,599
2022 $3,562,814,909 $22,539,987,719
2021 $3,392,796,953 $22,999,245,263
2020 $3,144,136,197 $20,698,560,939
2019 $3,088,851,450 $20,477,421,885
2018 $2,913,464,658 $20,368,015,381
2017 $2,762,581,334 $18,308,362,040
2016 $2,604,955,229 $16,743,796,800
2015 $2,424,391,785 $15,583,181,170
2014 $2,220,637,966 $17,081,681,993
2013 $2,044,440,443 $15,747,192,681
2012 $1,353,632,942 $14,795,114,603
2011 $1,239,144,502 $15,452,791,789
2010 $1,128,611,700 $12,710,739,159
2009 $1,049,110,685 $12,155,217,833
2008 $999,105,339 $11,462,490,840
2007 $847,918,929 $9,699,047,443
2006 $768,873,684 $8,212,007,554
2005 $708,633,195 $7,429,066,951
2004 $666,072,102 $6,485,774,930
2003 $622,044,666 $5,605,613,011
2002 $591,122,040 $4,647,238,257
2001 $572,417,441 $4,124,281,594
2000 $551,230,862 $3,521,570,876
1999 $536,080,148 $4,091,446,054
1998 $514,267,869 $3,894,433,432
1997 $502,675,542 $3,414,879,486
1996 $494,004,648 $3,743,103,420
1995 $497,723,961 $3,373,322,735
1994 $491,689,221 $2,655,768,636
1993 $466,048,469 $3,632,801,877
1992 $478,058,305 $3,680,775,037
1991 $462,421,999 $3,576,562,682
1990 $452,328,087 $3,248,417,791
1989 $409,220,087 $2,824,822,489
1988 $395,794,539 $2,712,207,901
1987 $373,371,738 $2,437,004,680
1986 - $2,132,938,007
1985 $340,989,528 $1,594,347,021
1984 - $1,387,809,615
1983 - $1,496,616,127
1982 - $1,680,304,773
1981 - $2,234,583,940
1980 - $2,704,362,789
1979 - $1,595,422,956
1978 - $1,222,702,573
1977 - $1,049,838,548
1976 - $939,228,017
1975 - $830,710,615
1974 - $538,747,340
1973 - $563,683,703
1972 - $486,617,280
1971 - $395,218,629
1970 - $359,772,315
1969 - $339,913,867
1968 - $343,771,973
1967 - $275,494,478

Data sources: World Bank | Economy & Growth (1967–2024, retrieved 2026-04-06).

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

GDP per capita in Djibouti vs Mali by year

Djibouti
GDP per capita

GDP per capita, PPP
Mali
GDP per capita

GDP per capita, PPP
1x
Year Current $
Djibouti Mali
GDP per capita GDP per capita, PPP GDP per capita GDP per capita, PPP
2024 $3,553 $7,810 $1,095 $3,315
2023 $3,381 $7,226 $1,044 $3,175
2022 $3,133 $6,621 $977 $3,014
2021 $3,026 $5,960 $1,027 $2,796
2020 $2,845 $5,527 $953 $2,724
2019 $2,837 $5,398 $972 $2,820
2018 $2,718 $5,083 $996 $2,684
2017 $2,619 $4,677 $924 $2,607
2016 $2,510 $4,432 $872 $2,532
2015 $2,376 $4,264 $838 $2,330
2014 $2,215 $3,978 $948 $2,185
2013 $2,076 $3,762 $902 $2,059
2012 $1,400 - $873 $1,990
2011 $1,306 - $938 $2,046
2010 $1,213 - $797 $2,012
2009 $1,151 - $787 $1,945
2008 $1,119 - $767 $1,893
2007 $970 - $671 $1,852
2006 $898 - $587 $1,832
2005 $844 - $549 $1,771
2004 $806 - $495 $1,730
2003 $765 - $442 $1,715
2002 $743 - $378 $1,581
2001 $742 - $346 $1,559
2000 $738 - $305 $1,357
1999 $740 - $364 $1,376
1998 $735 - $357 $1,332
1997 $748 - $321 $1,267
1996 $762 - $360 $1,224
1995 $786 - $331 $1,154
1994 $785 - $266.5 $1,147
1993 $759 - $372 $1,087
1992 $764 - $385 $1,039
1991 $733 - $382 $1,091
1990 $780 - $354 $956
1989 $782 - $314 -
1988 $817 - $307 -
1987 $822 - $280.7 -
1986 - - $250 -
1985 $847 - $190.4 -
1984 - - $169.1 -
1983 - - $186.3 -
1982 - - $213.8 -
1981 - - $290.5 -
1980 - - $359 -
1979 - - $216.3 -
1978 - - $169.1 -
1977 - - $148.1 -
1976 - - $134.9 -
1975 - - $121.5 -
1974 - - $80.2 -
1973 - - $85.4 -
1972 - - $75.1 -
1971 - - $62 -
1970 - - $57.3 -
1969 - - $55 -
1968 - - $56.5 -
1967 - - $46 -

Data sources: World Bank | Economy & Growth (1967–2024, retrieved 2026-04-06).

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

Djibouti's GDP per capita is $3,553, ranking 133/197, compared to $1,095 in Mali, ranking 173/197. Adjusted for purchasing power (GDP per capita PPP), Djibouti ranks 143rd at $7,810, while Mali ranks 174th at $3,315.

Economic indicators

Djibouti Mali
Gross domestic product
$4.15B
2024
$26.8B
2024
GDP rank
165/197
2024
113/197
2024
GDP growth
6.98%
2023-2024
4.99%
2023-2024
GDP per capita
$3,553
2024
$1,095
2024
GDP per capita rank
133/197
2024
173/197
2024
GDP per capita, PPP
$7,810
2024
$3,315
2024
GDP per capita PPP rank
143/197
2024
174/197
2024
Government debt
$1.36B
2024
$13.9B
2024
Debt-to-GDP ratio
32.9%
2024
51.7%
2024
Government debt per person
$1,167
2024
$566
2024
Government debt per person rank
137/185
2024
161/185
2024
Average annual personal income after taxes
$2,690
2026
$1,463
2026
Income share by richest 10%
32.3%
2017
28.3%
2021
Income share by poorest 10%
1.9%
2017
3.2%
2021
Government expenditure, % of GDP
20.6%
2024
24.7%
2024
Consumer prices inflation
2.1%
2023-2024
3.2%
2023-2024
Unemployment rate
40%
2017
5.45%
2023
Population
1203929
26143152

Spending and national debt comparison by year

Djibouti
Spending

Debt
Mali
Spending

Debt
1x
Year % of GDP
Djibouti Mali
Government spending Government debt Government spending Government debt
2024 20.6% 32.9% 24.7% 51.7%
2023 21.5% 35.4% 24.8% 51.9%
2022 21% 38.3% 24.4% 50.3%
2021 23.1% 40.3% 26.9% 51.6%
2020 25.8% 42.1% 26.1% 47.3%
2019 24.9% 41.1% 23.1% 40.7%
2018 25.9% 47.5% 20.3% 37.5%
2017 23.9% 48% 22.9% 38.2%
2016 25.9% 45.9% 22.3% 37.2%
2015 42% 40.3% 20.9% 30.7%
2014 29% 26.9% 20% 26.9%
2013 26.8% 24.6% 19.8% 26.4%
2012 26.5% 25% 15.5% 25.4%
2011 25.3% 25.7% 20.6% 24%
2010 26.6% 27.9% 20.3% 25.3%
2009 31% 29.5% 22.8% 21.9%
2008 28.8% 59.3% 18.8% 20.1%
2007 26.6% 56.6% 21.5% 18.5%
2006 23.8% 58.3% 22.1% 18.1%
2005 26.2% 60.3% 21.6% 46.6%
2004 26.7% 65.3% 21.8% 42.4%
2003 25.8% 66.3% 20.8% 44.1%
2002 23.4% 63.7% 19.9% 42.6%
2001 21% 58.1% 18.3% 77.5%
2000 23.2% 58.1% 19.4% 90.5%
1999 23.5% 58.5% - -
1998 24% 55.2% - -
1997 25% 56% - -
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/mali | CC BY

In 2024, Djibouti's government spending was $856M, accounting for 20.6% of its GDP, while Mali spent $6.61B, or 24.7% of GDP.

Debt-to-GDP ratio is 32.9% in Djibouti and 51.7% in Mali, ranking 149/185 and 102/185, respectively.

Government deficit by year

Deficit/surplus
Djibouti

Mali
1x
Year Deficit/surplus, % of GDP
Djibouti Mali
2024 -2.6% -2.57%
2023 -3.46% -3.57%
2022 -1.48% -4.75%
2021 -3.05% -4.91%
2020 -2.58% -5.42%
2019 -0.98% -1.68%
2018 -1.98% -4.74%
2017 -0.21% -2.86%
2016 -0.76% -3.95%
2015 -15.5% -1.82%
2014 -6.92% -2.89%
2013 -0.34% -2.37%
2012 -2.04% -0.96%
2011 -1.18% -3.42%
2010 -1.04% -2.57%
2009 -3.88% -3.71%
2008 0.62% -1.97%
2007 -1.88% -2.78%
2006 0.26% 27.8%
2005 -1.18% -2.76%
2004 -3.67% -2.36%
2003 -4.13% -1.19%
2002 -4.56% -3.09%
2001 -3.61% -2.8%
2000 -3.97% -2.64%
1999 -5.2% -
1998 -3.59% -
1997 -2.86% -
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/mali | 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 Mali's deficit of $687M, or 2.57% of GDP.

Over the past 25 years, Djibouti recorded a fiscal deficit in 23 of those years, while Mali ran a deficit in 24 years. On average, Djibouti posted an annual deficit equal to 2.81% of GDP, compared to deficit of 1.76% of GDP for Mali.

Inflation comparison by year

Inflation
Djibouti

Mali
1x
Year Consumer prices inflation
Djibouti Mali
2024 2.1% 3.2%
2023 1.4% 2.1%
2022 5.2% 9.7%
2021 1.2% 3.8%
2020 1.8% 0.5%
2019 3.3% -3%
2018 0.1% 1.9%
2017 0.6% 2.4%
2016 2.4% -1.8%
2015 -0.5% 1.4%
2014 1.3% 0.9%
2013 1.1% -0.6%
2012 4.2% 5.3%
2011 5.2% 3%
2010 2.5% 1.2%
2009 5.6% 2.4%
2008 8.7% 9.2%
2007 5.9% 1.4%
2006 3.5% 1.6%
2005 3.3% 6.4%
2004 2.4% -3.1%
2003 1.6% -1.3%
2002 1.4% 5%
2001 1.9% 5.2%
2000 1.2% -0.8%
1999 -0.4% -1.2%
1998 2.2% 4.1%
1997 2.5% -0.7%

Data sources: International Monetary Fund (IMF) | World Economic Outlook (1997–2024, retrieved 2026-02-20).

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

Over the past 28 years, Djibouti has recorded an average annual inflation rate of 2.56%, compared with 2.08% in Mali. In 2024, inflation was 2.1% in Djibouti and 3.2% in Mali.

Top exports between countries

Djibouti
Export category Export value
Machinery & equipment $1.72M
Textiles & consumer goods $101K
Mali
Export category Export value
Processed food, beverages & tobacco $79K
Metals $50K

Balance of trade

Djibouti Mali
Current account balance
$610M
2024
-$1.61B
2023
Current account balance ranking
59/190
2024
136/190
2023
Current account balance, % of GDP
+14.7%
2024
-6.49%
2023
Goods imports
$4.04B
2024
$5.73B
2023
Goods exports
$4.08B
2024
$5.65B
2023
Service imports
$730M
2024
$2.34B
2023
Service exports
$1.17B
2024
$475M
2023
Imports of goods and services, % of GDP
114.8%
2024
27.3%
2024
Exports of goods and services, % of GDP
126.4%
2024
22.6%
2024

Economic freedom indices

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

Djibouti Mali
Economic freedom 56.3 52.1
Economic freedom ranking 122/197 150/197
Property rights 30.4 13.8
Government integrity 27.9 23.2
Judicial effectiveness 28.6 23.3
Tax burden 83.5 67.9
Government spending 86.7 81.8
Fiscal health 87.7 73.6
Business freedom 52.9 40.8
Labor freedom 57.5 54.1
Monetary freedom 70.6 78.2
Trade freedom 49.8 64
Investment freedom 50 65
Financial freedom 50 40

Economic freedom comparison by year

Djibouti
Mali
1x
Year Economic freedom index
Djibouti Mali
2026 56.3 52.1
2025 55.7 52.6
2024 55.8 52.5
2023 56.1 54.5
2022 55.3 55.9
2021 56.2 55.6
2020 52.9 55.9
2019 47.1 58.1
2018 45.1 57.6
2017 46.7 58.6
2016 56 56.5
2015 57.5 56.4
2014 55.9 55.5
2013 53.9 56.4
2012 53.9 55.8
2011 54.5 56.3
2010 51 55.6
2009 51.3 55.6
2008 51.2 55.6
2007 52.4 54.7
2006 53.2 54.1
2005 55.2 57.3
2004 55.6 56.6
2003 55.7 58.6
2002 57.8 61.1
2001 58.3 60.1
2000 55.1 60.3
1999 57.1 58.4
1998 55.9 57.3
1997 54.5 56.4
1996 - 57
1995 - 52.4

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

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

The Economic Freedom Index for Djibouti is 56.3, ranking 122/197, compared to 52.1 for Mali, ranking 150/197. The chart above displays a comparison of annual changes in economic freedom indexes.

Other economic metrics

Djibouti Mali
Services, % of GDP
76.1%
2024
36.3%
2024
Industry, % of GDP
15.9%
2024
23.5%
2024
Agriculture, forestry, and fishing, % of GDP
2.51%
2024
33.3%
2024
GNI, Atlas method
$4.25B
2024
$25.2B
2024
GNI per capita, PPP
$8,030
2024
$3,230
2024
Total reserves including gold
$349M
2024
n/a
Total reserves ranking
165/177
2024
n/a
Net foreign direct investment
-$67.8M
2024
-$673M
2023
Net inflows of foreign direct investment
$67.8M
2024
$921M
2024
Net outflows of foreign direct investment
$0
2024
$78.1M
2024
Servicing debt to the IMF, % of GNI
3.27%
2024
1.41%
2024
Poverty at national poverty lines
23%
2020
43.3%
2024
Gross capital formation, % of GDP
0.25%
2024
19.5%
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/mali | CC BY

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Data sources:

  1. World Bank | Economy & Growth (1967–2024, 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 (2023, 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.