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Economy of Djibouti vs Marshall Islands compared: GDP & Debt

Updated on by Georank

Djibouti has a GDP of $4.62B compared to $308M for the Marshall Islands, ranking 164/197 and 194/197 by economy size, respectively.

Djibouti has $1.49B in government debt (32.1% of GDP), compared to $36.3M (11.8% of GDP) in the Marshall Islands.

Djibouti vs Marshall Islands GDP by year

Djibouti
Marshall Islands
1x
Year GDP, current $
Djibouti Marshall Islands
2025 $4,624,533,092 $308,000,000
2024 $4,152,145,940 $285,000,000
2023 $3,898,447,007 $264,000,000
2022 $3,562,814,909 $258,723,500
2021 $3,392,796,953 $261,245,500
2020 $3,144,136,197 $241,800,000
2019 $3,088,851,450 $232,900,000
2018 $2,913,464,658 $220,000,000
2017 $2,762,581,334 $213,700,000
2016 $2,604,955,229 $201,800,000
2015 $2,424,391,785 $183,700,000
2014 $2,220,637,966 $186,000,000
2013 $2,044,440,443 $186,400,000
2012 $1,353,632,942 $180,700,000
2011 $1,239,144,502 $172,300,000
2010 $1,128,611,700 $161,100,000
2009 $1,049,110,685 $151,200,000
2008 $999,105,339 $146,600,000
2007 $847,918,929 $150,500,000
2006 $768,873,684 $143,200,000
2005 $708,633,195 $138,000,000
2004 $666,072,102 $132,900,000
2003 $622,044,666 $131,128,500
2002 $591,122,040 $131,960,000
2001 $572,417,441 $122,406,100
2000 $551,230,862 $114,838,500
1999 $536,080,148 $113,352,100
1998 $514,267,869 $112,070,100
1997 $502,675,542 $109,884,700
1996 $494,004,648 $110,858,000
1995 $497,723,961 $120,230,000
1994 $491,689,221 $108,071,000
1993 $466,048,469 $99,461,000
1992 $478,058,305 $91,063,000
1991 $462,421,999 $82,507,000
1990 $452,328,087 $78,476,000
1989 $409,220,087 $72,798,000
1988 $395,794,539 $70,688,000
1987 $373,371,738 $62,983,000
1986 - $55,989,000
1985 $340,989,528 $43,879,000
1984 - $45,144,000
1983 - $41,749,000
1982 - $34,918,000
1981 - $31,020,000
1980 - $26,710,653
1979 - $25,545,346
1978 - $22,209,370
1977 - $20,210,069
1976 - $18,153,647
1975 - $16,691,301
1974 - $15,217,532
1973 - $11,607,366
1972 - $9,973,652
1971 - $9,116,810
1970 - $8,408,486

Data sources: World Bank | Economy & Growth (1970–2025, retrieved 2026-07-08).

GeoRank.org/economy/djibouti/marshall-islands | CC BY

GDP per capita in Djibouti vs Marshall Islands by year

Djibouti
GDP per capita

GDP per capita, PPP
Marshall Islands
GDP per capita

GDP per capita, PPP
1x
Year Current $
Djibouti Marshall Islands
GDP per capita GDP per capita, PPP GDP per capita GDP per capita, PPP
2025 $3,906 - $8,489 -
2024 $3,553 $7,810 $7,590 $8,195
2023 $3,381 $7,226 $6,799 $7,549
2022 $3,133 $6,621 $6,456 $7,431
2021 $3,026 $5,960 $6,315 $6,768
2020 $2,845 $5,527 $5,662 $6,137
2019 $2,837 $5,398 $5,292 $6,045
2018 $2,718 $5,083 $4,858 $5,232
2017 $2,619 $4,677 $4,593 $4,719
2016 $2,510 $4,432 $4,230 $4,366
2015 $2,376 $4,264 $3,764 $4,125
2014 $2,215 $3,978 $3,735 $3,931
2013 $2,076 $3,762 $3,678 $3,845
2012 $1,400 - $3,514 $3,590
2011 $1,306 - $3,319 $3,537
2010 $1,213 - $3,095 $3,473
2009 $1,151 - $2,907 $3,253
2008 $1,119 - $2,818 $3,118
2007 $970 - $2,892 $3,309
2006 $898 - $2,754 $3,110
2005 $844 - $2,659 $3,017
2004 $806 - $2,566 $2,880
2003 $765 - $2,539 $2,824
2002 $743 - $2,566 $2,825
2001 $742 - $2,394 $2,700
2000 $738 - $2,265 $2,490
1999 $740 - $2,258 $2,400
1998 $735 - $2,254 $2,422
1997 $748 - $2,231 $2,434
1996 $762 - $2,273 $2,583
1995 $786 - $2,491 $2,858
1994 $785 - $2,265 $2,617
1993 $759 - $2,112 $2,452
1992 $764 - $1,963 $2,293
1991 $733 - $1,811 $2,131
1990 $780 - $1,758 $2,102
1989 $782 - $1,670 -
1988 $817 - $1,670 -
1987 $822 - $1,543 -
1986 - - $1,425 -
1985 $847 - $1,162 -
1984 - - $1,245 -
1983 - - $1,199 -
1982 - - $1,046 -
1981 - - $969 -
1980 - - $868 -
1979 - - $859 -
1978 - - $771 -
1977 - - $724 -
1976 - - $672 -
1975 - - $638 -
1974 - - $602 -
1973 - - $472 -
1972 - - $416 -
1971 - - $390 -
1970 - - $373 -

Data sources: World Bank | Economy & Growth (1970–2025, retrieved 2026-07-08).

GeoRank.org/economy/djibouti/marshall-islands | CC BY

Djibouti's GDP per capita is $3,906, ranking 136/197, compared to $8,489 in the Marshall Islands, ranking 95/197. Adjusted for purchasing power (GDP per capita PPP), Djibouti ranks 143rd at $7,810, while the Marshall Islands ranks 139th at $8,195.

Economic indicators

Djibouti Marshall Islands
Gross domestic product
$4.62B
2025
$308M
2025
GDP rank
164/197
2025
194/197
2025
GDP growth
6.5%
2024-2025
2.28%
2024-2025
GDP per capita
$3,906
2025
$8,489
2025
GDP per capita rank
136/197
2025
95/197
2025
GDP per capita, PPP
$7,810
2024
$8,195
2024
GDP per capita PPP rank
143/197
2024
139/197
2024
Government debt
$1.49B
2025
$36.3M
2025
Debt-to-GDP ratio
32.1%
2025
11.8%
2025
Government debt per person
$1,255
2025
$1,000
2025
Government debt per person rank
135/185
2025
144/185
2025
Average annual personal income after taxes
$2,942
2026
$5,308
2026
Income share by richest 10%
32.3%
2017
27.5%
2019
Income share by poorest 10%
1.9%
2017
2.8%
2019
Government expenditure, % of GDP
19.5%
2025
65.3%
2025
Consumer prices inflation
-0.3%
2024-2025
5.5%
2024-2025
Unemployment rate
38.8%
2025
9.82%
2021
Population
1207325
35039

Spending and national debt comparison by year

Djibouti
Spending

Debt
Marshall Islands
Spending

Debt
1x
Year % of GDP
Djibouti Marshall Islands
Government spending Government debt Government spending Government debt
2025 19.5% 32.1% 65.3% 11.8%
2024 21.3% 34% 70.9% 14.2%
2023 21.6% 35.6% 67.5% 18.2%
2022 21% 38.3% 65.8% 19.6%
2021 23.1% 40.3% 69.2% 19.9%
2020 25.8% 42.1% 67.8% 21.7%
2019 24.9% 41.1% 65.5% 25.1%
2018 25.9% 47.5% 60.5% 24.7%
2017 23.9% 48% 63.7% 26.5%
2016 25.9% 45.9% 56.8% 29.2%
2015 42% 40.3% 56.3% 33.9%
2014 29% 26.9% 49.2% 34.9%
2013 26.8% 24.6% 55% 33.4%
2012 26.5% 25% 53.2% 37.6%
2011 25.3% 25.7% 55.9% 35.9%
2010 26.6% 27.9% 59.2% 38.8%
2009 31% 29.5% 63.1% 41.2%
2008 28.8% 59.3% 64.3% 44.1%
2007 26.6% 56.6% 67.2% 42.2%
2006 23.8% 58.3% 61.2% 44.4%
2005 26.2% 60.3% 85.3% 45.8%
2004 26.7% 65.3% 54.5% 46.8%
2003 25.8% 66.3% 52.9% 43.7%
2002 23.4% 63.7% 55.2% 37.2%
2001 21% 58.1% 58.8% 32.7%
2000 23.2% 58.1% 56.5% 27.3%
1999 23.5% 58.5% 48.7% 26.1%
1998 24% 55.2% 50.5% 18.1%
1997 25% 56% 55% 8.73%
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 (1990–2025, retrieved 2026-07-08); International Monetary Fund (IMF) | Public Finances in Modern History (1995–2008, retrieved 2026-07-08).

GeoRank.org/economy/djibouti/marshall-islands | CC BY

In 2025, Djibouti's government spending was $904M, accounting for 19.5% of its GDP, while the Marshall Islands spent $201M, or 65.3% of GDP.

Debt-to-GDP ratio is 32.1% in Djibouti and 11.8% in the Marshall Islands, ranking 150/185 and 180/185, respectively.

Government deficit by year

Deficit/surplus
Djibouti

Marshall Islands
1x
Year Deficit/surplus, % of GDP
Djibouti Marshall Islands
2025 -0.7% 1.35%
2024 -2.69% 2.62%
2023 -3.47% 1.01%
2022 -1.48% 0.51%
2021 -3.05% 0.18%
2020 -2.58% 2.54%
2019 -0.98% -1.8%
2018 -1.98% 2.55%
2017 -0.21% 4.38%
2016 -0.76% 3.88%
2015 -15.5% 2.81%
2014 -6.92% 3.2%
2013 -0.34% -0.23%
2012 -2.04% -0.76%
2011 -1.18% 2.13%
2010 -1.04% 3.51%
2009 -3.88% 1.51%
2008 0.62% 3.68%
2007 -1.88% 0.27%
2006 0.26% 0.24%
2005 -1.18% -22.3%
2004 -3.67% -1.6%
2003 -4.13% 10.5%
2002 -4.56% 5.12%
2001 -3.61% 7.83%
2000 -3.97% 7.84%
1999 -5.2% 9.01%
1998 -3.59% 13.5%
1997 -2.86% 7.91%
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 (1990–2025, retrieved 2026-07-08).

GeoRank.org/economy/djibouti/marshall-islands | CC BY

In 2025, Djibouti's government deficit, the difference between spending and revenue, was $32.3M, equivalent to 0.7% of GDP. This compares to the Marshall Islands' surplus of $4.17M, or 1.35% of GDP.

Over the past 29 years, Djibouti recorded a fiscal deficit in 27 of those years, while the Marshall Islands ran a deficit in 5 years. On average, Djibouti posted an annual deficit equal to 2.85% of GDP, compared to surplus of 2.46% of GDP for the Marshall Islands.

Inflation comparison by year

Inflation
Djibouti

Marshall Islands
1x
Year Consumer prices inflation
Djibouti Marshall Islands
2025 -0.3% 5.5%
2024 2.1% 5.2%
2023 1.4% 7.4%
2022 5.2% 2.8%
2021 1.2% 2.2%
2020 1.8% -0.7%
2019 3.3% -0.1%
2018 0.1% 0.8%
2017 0.6% 0.1%
2016 2.4% -1.5%
2015 -0.5% -2.2%
2014 1.3% 1.1%
2013 1.1% 1.9%
2012 4.2% 4.3%
2011 5.2% 5.4%
2010 2.5% 1.8%
2009 5.6% 0.5%
2008 8.7% 14.7%
2007 5.9% 2.6%
2006 3.5% 5.3%
2005 3.3% 3.5%
2004 2.4% 2%
2003 1.6% -
2002 1.4% -
2001 1.9% -
2000 1.2% -
1999 -0.4% -
1998 2.2% -
1997 2.5% -

Data sources: International Monetary Fund (IMF) | World Economic Outlook (1997–2025, retrieved 2026-07-08).

GeoRank.org/economy/djibouti/marshall-islands | CC BY

Over the past 22 years, Djibouti has recorded an average annual inflation rate of 2.77%, compared with 2.85% in the Marshall Islands. In 2025, inflation was -0.3% in Djibouti and 5.5% in the Marshall Islands.

Balance of trade

Djibouti Marshall Islands
Current account balance
$610M
2024
$62.3M
2024
Current account balance ranking
55/190
2024
67/190
2024
Current account balance, % of GDP
+14.7%
2024
+21.9%
2024
Goods imports
$4.04B
2024
$173M
2024
Goods exports
$4.08B
2024
$101M
2024
Service imports
$730M
2024
$64.2M
2024
Service exports
$1.17B
2024
$21.1M
2024
Imports of goods and services, % of GDP
95.8%
2025
79.9%
2025
Exports of goods and services, % of GDP
110.5%
2025
36%
2025

Economic freedom indices

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

Djibouti Marshall Islands
Economic freedom 56.3 58
Economic freedom ranking 122/197 113/197
Property rights 30.4 n/a
Government integrity 27.9 n/a
Judicial effectiveness 28.6 n/a
Tax burden 83.5 n/a
Government spending 86.7 n/a
Fiscal health 87.7 n/a
Business freedom 52.9 n/a
Labor freedom 57.5 n/a
Monetary freedom 70.6 n/a
Trade freedom 49.8 n/a
Investment freedom 50 n/a
Financial freedom 50 n/a

Other economic metrics

Djibouti Marshall Islands
Services, % of GDP
75.7%
2025
68.2%
2024
Industry, % of GDP
16.6%
2025
13.4%
2024
Agriculture, forestry, and fishing, % of GDP
2.27%
2025
19.9%
2024
GNI, Atlas method
$4.69B
2025
$352M
2025
GNI per capita, PPP
$8,660
2025
$10,590
2025
Total reserves including gold
$656M
2025
n/a
Total reserves ranking
149/177
2025
n/a
Net foreign direct investment
-$67.8M
2024
-$13.4M
2024
Net inflows of foreign direct investment
$67.8M
2024
$13.4M
2024
Net outflows of foreign direct investment
$0
2024
$0
2024
Servicing debt to the IMF, % of GNI
3.27%
2024
n/a
Poverty at national poverty lines
23%
2020
7.2%
2019
Gross capital formation, % of GDP
1.55%
2025
21.1%
2024

GDP per capita map

1x

Data sources: World Bank | Economy & Growth (1985–2025, retrieved 2026-07-08); U.S. Census Bureau (1985–2025, retrieved 2026-07-08).

GeoRank.org/economy/djibouti/marshall-islands | CC BY

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Data sources:

  1. World Bank | Economy & Growth (1970–2025, retrieved 2026-07-08)
  2. International Monetary Fund (IMF) | Fiscal Monitor (1990–2025, retrieved 2026-07-08)
  3. U.S. Census Bureau (1985–2025, retrieved 2026-07-08)
  4. International Monetary Fund (IMF) | Public Finances in Modern History (1995–2008, retrieved 2026-07-08)
  5. The Heritage Foundation | Economic Freedom Index (2026, retrieved 2026-07-08)
  6. United Nations | World Population Prospects (2026, retrieved 2026-07-08)
  7. LivingCost (2026, retrieved 2026-07-08)
  8. Central Intelligence Agency (CIA) (2020, retrieved 2026-07-08)

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.