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Economy of Djibouti vs Mozambique compared: GDP & Debt

Updated on by Georank team

Djibouti has a GDP of $4.15B compared to $22.7B for Mozambique, ranking 165/197 and 123/197 by economy size, respectively.

Djibouti has $1.36B in government debt (32.9% of GDP), compared to $21.2B (93.2% of GDP) in Mozambique.

Djibouti vs Mozambique GDP by year

Djibouti
Mozambique
1x
Year GDP, current $
Djibouti Mozambique
2024 $4,152,145,940 $22,745,341,305
2023 $3,898,447,007 $20,921,079,533
2022 $3,562,814,909 $18,883,528,581
2021 $3,392,796,953 $16,168,055,475
2020 $3,144,136,197 $14,235,420,174
2019 $3,088,851,450 $15,512,759,047
2018 $2,913,464,658 $15,017,358,953
2017 $2,762,581,334 $13,264,640,646
2016 $2,604,955,229 $12,069,051,237
2015 $2,424,391,785 $16,208,985,770
2014 $2,220,637,966 $17,978,246,586
2013 $2,044,440,443 $17,198,073,057
2012 $1,353,632,942 $16,688,114,144
2011 $1,239,144,502 $14,619,279,989
2010 $1,128,611,700 $11,411,894,724
2009 $1,049,110,685 $12,263,894,790
2008 $999,105,339 $12,920,340,965
2007 $847,918,929 $10,811,456,006
2006 $768,873,684 $9,509,835,537
2005 $708,633,195 $8,868,504,900
2004 $666,072,102 $7,937,255,565
2003 $622,044,666 $6,583,526,861
2002 $591,122,040 $5,950,769,427
2001 $572,417,441 $5,650,154,067
2000 $551,230,862 $5,930,685,215
1999 $536,080,148 $6,285,219,691
1998 $514,267,869 $5,551,118,149
1997 $502,675,542 $4,873,663,775
1996 $494,004,648 $4,030,146,135
1995 $497,723,961 $3,061,646,174
1994 $491,689,221 $2,958,108,170
1993 $466,048,469 $2,883,161,897
1992 $478,058,305 $2,798,696,511
1991 $462,421,999 $3,854,856,435
1990 $452,328,087 -
1989 $409,220,087 -
1988 $395,794,539 -
1987 $373,371,738 -
1986 - -
1985 $340,989,528 -

Data sources: World Bank | Economy & Growth (1985–2024, retrieved 2026-04-06).

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

GDP per capita in Djibouti vs Mozambique by year

Djibouti
GDP per capita

GDP per capita, PPP
Mozambique
GDP per capita

GDP per capita, PPP
1x
Year Current $
Djibouti Mozambique
GDP per capita GDP per capita, PPP GDP per capita GDP per capita, PPP
2024 $3,553 $7,810 $657 $1,705
2023 $3,381 $7,226 $622 $1,678
2022 $3,133 $6,621 $578 $1,582
2021 $3,026 $5,960 $510 $1,457
2020 $2,845 $5,527 $462 $1,412
2019 $2,837 $5,398 $519 $1,389
2018 $2,718 $5,083 $518 $1,326
2017 $2,619 $4,677 $471 $1,283
2016 $2,510 $4,432 $441 $1,379
2015 $2,376 $4,264 $611 $1,318
2014 $2,215 $3,978 $697 $1,166
2013 $2,076 $3,762 $687 $1,114
2012 $1,400 - $686 $1,076
2011 $1,306 - $618 $1,064
2010 $1,213 - $496 $1,000
2009 $1,151 - $548 $951
2008 $1,119 - $592 $916
2007 $970 - $508 $862
2006 $898 - $457 $798
2005 $844 - $437 $721
2004 $806 - $400 $673
2003 $765 - $339 $620
2002 $743 - $314 $580
2001 $742 - $305 $533
2000 $738 - $327 $472
1999 $740 - $354 $468
1998 $735 - $320 $422
1997 $748 - $287.5 $387
1996 $762 - $244.4 $350
1995 $786 - $191.8 $321
1994 $785 - $196.8 $326
1993 $759 - $205.2 $321
1992 $764 - $205.6 $292
1991 $733 - $288.7 $315
1990 $780 - - $296
1989 $782 - - -
1988 $817 - - -
1987 $822 - - -
1986 - - - -
1985 $847 - - -

Data sources: World Bank | Economy & Growth (1985–2024, retrieved 2026-04-06).

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

Djibouti's GDP per capita is $3,553, ranking 133/197, compared to $657 in Mozambique, ranking 189/197. Adjusted for purchasing power (GDP per capita PPP), Djibouti ranks 143rd at $7,810, while Mozambique ranks 192nd at $1,705.

Economic indicators

Djibouti Mozambique
Gross domestic product
$4.15B
2024
$22.7B
2024
GDP rank
165/197
2024
123/197
2024
GDP growth
6.98%
2023-2024
2.15%
2023-2024
GDP per capita
$3,553
2024
$657
2024
GDP per capita rank
133/197
2024
189/197
2024
GDP per capita, PPP
$7,810
2024
$1,705
2024
GDP per capita PPP rank
143/197
2024
192/197
2024
Government debt
$1.36B
2024
$21.2B
2024
Debt-to-GDP ratio
32.9%
2024
93.2%
2024
Government debt per person
$1,167
2024
$612
2024
Government debt per person rank
137/185
2024
159/185
2024
Average annual personal income after taxes
$2,690
2026
$1,778
2026
Income share by richest 10%
32.3%
2017
40.8%
2022
Income share by poorest 10%
1.9%
2017
1.7%
2022
Government expenditure, % of GDP
20.6%
2024
33.2%
2024
Consumer prices inflation
2.1%
2023-2024
3.2%
2023-2024
Central bank interest rate n/a
9.75%
2025
Unemployment rate
40%
2017
6.79%
2022
Population
1203929
36941128

Spending and national debt comparison by year

Djibouti
Spending

Debt
Mozambique
Spending

Debt
1x
Year % of GDP
Djibouti Mozambique
Government spending Government debt Government spending Government debt
2024 20.6% 32.9% 33.2% 93.2%
2023 21.5% 35.4% 33.3% 90.9%
2022 21% 38.3% 32.9% 100.3%
2021 23.1% 40.3% 32.1% 104.3%
2020 25.8% 42.1% 33.9% 120%
2019 24.9% 41.1% 28% 98.3%
2018 25.9% 47.5% 32.9% 105.5%
2017 23.9% 48% 29.5% 103.8%
2016 25.9% 45.9% 29.1% 124.8%
2015 42% 40.3% 32.2% 86%
2014 29% 26.9% 39.7% 63.4%
2013 26.8% 24.6% 31.7% 49.5%
2012 26.5% 25% 28.1% 36.7%
2011 25.3% 25.7% 28.9% 34.2%
2010 26.6% 27.9% 26.7% 38.6%
2009 31% 29.5% 25.7% 39.3%
2008 28.8% 59.3% 21.3% 32.8%
2007 26.6% 56.6% 20.9% 31.2%
2006 23.8% 58.3% 20.1% 40%
2005 26.2% 60.3% 17% 60.1%
2004 26.7% 65.3% 17.8% 50.8%
2003 25.8% 66.3% 18.6% 63.2%
2002 23.4% 63.7% 18.6% 63.4%
2001 21% 58.1% 20.8% 99.8%
2000 23.2% 58.1% 17.2% 95.8%
1999 23.5% 58.5% 15.6% 94.7%
1998 24% 55.2% 14.9% -
1997 25% 56% 16.5% -
1996 23.7% 53.1% 14.9% -
1995 27% 50.9% 18.8% -
1994 30.9% - 22.9% -
1993 35.3% - 20.7% -
1992 34.9% - 21.1% -
1991 27.7% - 17.3% -
1990 30.2% - 21% -
1989 - - 27% -
1988 - - 27% -
1987 - - 22.9% -
1986 - - 24.2% -
1985 - - 21% -
1984 - - 30.9% -
1983 - - 35.3% -
1982 - - 27% -
1981 - - 23.8% -
1980 - - 14.2% -

Data sources: International Monetary Fund (IMF) | Fiscal Monitor (1990–2024, retrieved 2026-02-20); International Monetary Fund (IMF) | Public Finances in Modern History (1980–2008, retrieved 2026-02-20).

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

In 2024, Djibouti's government spending was $856M, accounting for 20.6% of its GDP, while Mozambique spent $7.56B, or 33.2% of GDP.

Debt-to-GDP ratio is 32.9% in Djibouti and 93.2% in Mozambique, ranking 149/185 and 28/185, respectively.

Government deficit by year

Deficit/surplus
Djibouti

Mozambique
1x
Year Deficit/surplus, % of GDP
Djibouti Mozambique
2024 -2.6% -6.17%
2023 -3.46% -4.26%
2022 -1.48% -5.22%
2021 -3.05% -5.23%
2020 -2.58% -6.19%
2019 -0.98% 1.7%
2018 -1.98% -7.39%
2017 -0.21% -2.9%
2016 -0.76% -5.42%
2015 -15.5% -6.55%
2014 -6.92% -9.75%
2013 -0.34% -2.46%
2012 -2.04% -3.45%
2011 -1.18% -4.34%
2010 -1.04% -3.5%
2009 -3.88% -4.35%
2008 0.62% -1.9%
2007 -1.88% -2.19%
2006 0.26% -3.03%
2005 -1.18% -2.06%
2004 -3.67% -3.17%
2003 -4.13% -2.64%
2002 -4.56% -3.36%
2001 -3.61% -4.43%
2000 -3.97% -1.26%
1999 -5.2% -0.31%
1998 -3.59% -1.08%
1997 -2.86% -1.81%
1996 -1.77% -2.07%
1995 -5.13% -2.46%
1994 -4.97% -4%
1993 -7.1% -2.53%
1992 -6.13% -1.85%
1991 -0.86% -2.01%
1990 -3.25% -4.42%
1989 - -4.23%
1988 - -6.47%
1987 - -7.24%
1986 - -12.1%
1985 - -9.69%
1984 - -13.4%
1983 - -15.8%
1982 - -3.61%
1981 - -7.41%
1980 - -1.47%

Data sources: International Monetary Fund (IMF) | Fiscal Monitor (1990–2024, retrieved 2026-02-20); International Monetary Fund (IMF) | Public Finances in Modern History (1980–1989, retrieved 2026-02-20).

GeoRank.org/economy/djibouti/mozambique | 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 Mozambique's deficit of $1.4B, or 6.17% of GDP.

Over the past 34 years, Djibouti recorded a fiscal deficit in 32 of those years, while Mozambique ran a deficit in 33 years. On average, Djibouti posted an annual deficit equal to 3.17% of GDP, compared to deficit of 3.46% of GDP for Mozambique.

Inflation comparison by year

Inflation
Djibouti

Mozambique
1x
Year Consumer prices inflation
Djibouti Mozambique
2024 2.1% 3.2%
2023 1.4% 7%
2022 5.2% 10.4%
2021 1.2% 6.6%
2020 1.8% 0.9%
2019 3.3% 5.7%
2018 0.1% 3.2%
2017 0.6% 15.8%
2016 2.4% 18.4%
2015 -0.5% 3.6%
2014 1.3% 2.6%
2013 1.1% 4.3%
2012 4.2% 2.6%
2011 5.2% 11.2%
2010 2.5% 12.4%
2009 5.6% 3.8%
2008 8.7% 14.5%
2007 5.9% 10.4%
2006 3.5% 13.2%
2005 3.3% 6.4%
2004 2.4% 12.6%
2003 1.6% 13.5%
2002 1.4% 16.8%
2001 1.9% 9.1%
2000 1.2% 12.7%
1999 -0.4% 2.9%
1998 2.2% 1.5%
1997 2.5% 7.4%

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

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

Over the past 28 years, Djibouti has recorded an average annual inflation rate of 2.56%, compared with 8.31% in Mozambique. In 2024, inflation was 2.1% in Djibouti and 3.2% in Mozambique.

Top exports between countries

Djibouti
Export category Export value
Raw agricultural goods $3.3M
Processed food, beverages & tobacco $607K
Raw materials & minerals $5K
Miscellaneous $1K
Mozambique
Export category Export value
Raw agricultural goods $1M

Balance of trade

Djibouti Mozambique
Current account balance
$610M
2024
-$2.49B
2024
Current account balance ranking
59/190
2024
150/190
2024
Current account balance, % of GDP
+14.7%
2024
-11%
2024
Goods imports
$4.04B
2024
$8.38B
2024
Goods exports
$4.08B
2024
$8.21B
2024
Service imports
$730M
2024
$2.11B
2024
Service exports
$1.17B
2024
$1.15B
2024
Imports of goods and services, % of GDP
114.8%
2024
52.8%
2024
Exports of goods and services, % of GDP
126.4%
2024
42.8%
2024

Economic freedom indices

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

Djibouti Mozambique
Economic freedom 56.3 49.6
Economic freedom ranking 122/197 164/197
Property rights 30.4 29.7
Government integrity 27.9 25.1
Judicial effectiveness 28.6 43.4
Tax burden 83.5 75.8
Government spending 86.7 67
Fiscal health 87.7 39.1
Business freedom 52.9 40.2
Labor freedom 57.5 47.7
Monetary freedom 70.6 76.2
Trade freedom 49.8 71.2
Investment freedom 50 40
Financial freedom 50 40

Economic freedom comparison by year

Djibouti
Mozambique
1x
Year Economic freedom index
Djibouti Mozambique
2026 56.3 49.6
2025 55.7 50.7
2024 55.8 50.7
2023 56.1 52.5
2022 55.3 51.3
2021 56.2 51.6
2020 52.9 50.5
2019 47.1 48.6
2018 45.1 46.3
2017 46.7 49.9
2016 56 53.2
2015 57.5 54.8
2014 55.9 55
2013 53.9 55
2012 53.9 57.1
2011 54.5 56.8
2010 51 56
2009 51.3 55.7
2008 51.2 55.4
2007 52.4 54.7
2006 53.2 51.9
2005 55.2 54.6
2004 55.6 57.2
2003 55.7 58.6
2002 57.8 57.7
2001 58.3 59.2
2000 55.1 52.2
1999 57.1 48.9
1998 55.9 43
1997 54.5 44
1996 - 48.4
1995 - 45.5

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

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

The Economic Freedom Index for Djibouti is 56.3, ranking 122/197, compared to 49.6 for Mozambique, ranking 164/197. The chart above displays a comparison of annual changes in economic freedom indexes.

Other economic metrics

Djibouti Mozambique
Services, % of GDP
76.1%
2024
41.1%
2024
Industry, % of GDP
15.9%
2024
21.9%
2024
Agriculture, forestry, and fishing, % of GDP
2.51%
2024
25.2%
2024
GNI, Atlas method
$4.25B
2024
$19.1B
2024
GNI per capita, PPP
$8,030
2024
$1,520
2024
Total reserves including gold
$349M
2024
$3.84B
2024
Total reserves ranking
165/177
2024
108/177
2024
Net foreign direct investment
-$67.8M
2024
-$3.55B
2024
Net inflows of foreign direct investment
$67.8M
2024
$3.51B
2024
Net outflows of foreign direct investment
$0
2024
-$44.1M
2024
Servicing debt to the IMF, % of GNI
3.27%
2024
22.4%
2024
Poverty at national poverty lines
23%
2020
65%
2022
Gross capital formation, % of GDP
0.25%
2024
17.7%
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/mozambique | CC BY

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Data sources:

  1. World Bank | Economy & Growth (1985–2024, 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. International Monetary Fund (IMF) | Public Finances in Modern History (1980–2008, retrieved 2026-02-20)
  5. U.S. Census Bureau (1985–2024, retrieved 2026-02-08)
  6. TradeMap (2021–2023, 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.