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Economy of Djibouti vs New Zealand compared: GDP & Debt

Updated on by Georank team

Djibouti has a GDP of $4.15B compared to $260B for New Zealand, ranking 165/197 and 52/197 by economy size, respectively.

Djibouti has $1.36B in government debt (32.9% of GDP), compared to $131B (50.2% of GDP) in New Zealand.

Djibouti vs New Zealand GDP by year

Djibouti
New Zealand
1x
Year GDP, current $
Djibouti New Zealand
2024 $4,152,145,940 $260,172,385,098
2023 $3,898,447,007 $255,194,972,673
2022 $3,562,814,909 $249,509,991,440
2021 $3,392,796,953 $253,977,931,815
2020 $3,144,136,197 $213,029,554,654
2019 $3,088,851,450 $213,006,341,102
2018 $2,913,464,658 $211,985,631,173
2017 $2,762,581,334 $206,745,969,246
2016 $2,604,955,229 $189,100,085,275
2015 $2,424,391,785 $178,224,167,088
2014 $2,220,637,966 $201,518,402,787
2013 $2,044,440,443 $191,012,364,177
2012 $1,353,632,942 $176,560,711,239
2011 $1,239,144,502 $168,484,908,960
2010 $1,128,611,700 $146,887,902,524
2009 $1,049,110,685 $121,663,439,315
2008 $999,105,339 $133,437,126,590
2007 $847,918,929 $137,188,946,866
2006 $768,873,684 $111,538,810,713
2005 $708,633,195 $114,720,129,550
2004 $666,072,102 $103,905,210,084
2003 $622,044,666 $88,250,885,550
2002 $591,122,040 $66,627,729,311
2001 $572,417,441 $53,872,425,917
2000 $551,230,862 $52,623,281,957
1999 $536,080,148 $58,762,260,626
1998 $514,267,869 $56,227,169,851
1997 $502,675,542 $66,075,143,415
1996 $494,004,648 $70,140,835,299
1995 $497,723,961 $63,918,703,507
1994 $491,689,221 $55,314,732,279
1993 $466,048,469 $46,775,620,817
1992 $478,058,305 $41,649,829,860
1991 $462,421,999 $42,745,329,732
1990 $452,328,087 $45,495,129,385
1989 $409,220,087 $43,920,222,525
1988 $395,794,539 $45,176,811,594
1987 $373,371,738 $40,376,354,070
1986 - $30,604,668,357
1985 $340,989,528 $24,679,795,396
1984 - $21,665,975,319
1983 - $24,309,279,706
1982 - $24,164,603,059
1981 - $24,417,617,184
1980 - $23,244,547,385
1979 - $20,731,243,113
1978 - $18,530,518,395
1977 - $15,446,825,318
1976 - $13,604,832,424
1975 - $12,861,983,284
1974 - $13,940,981,798
1973 - $12,802,281,898
1972 - $9,567,331,065
1971 - $7,911,136,757
1970 - $6,495,605,331
1969 - $5,814,357,709
1968 - $5,228,045,415
1967 - $6,016,017,227
1966 - $5,917,437,693
1965 - $5,706,251,400
1964 - $7,340,766,415
1963 - $6,699,741,645
1962 - $6,133,158,532
1961 - $5,721,994,864
1960 - $5,536,098,360

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

GeoRank.org/economy/djibouti/new-zealand | CC BY

GDP per capita in Djibouti vs New Zealand by year

Djibouti
GDP per capita

GDP per capita, PPP
New Zealand
GDP per capita

GDP per capita, PPP
1x
Year Current $
Djibouti New Zealand
GDP per capita GDP per capita, PPP GDP per capita GDP per capita, PPP
2024 $3,553 $7,810 $49,205 $55,551
2023 $3,381 $7,226 $49,076 $54,697
2022 $3,133 $6,621 $49,100 $54,034
2021 $3,026 $5,960 $49,950 $48,249
2020 $2,845 $5,527 $41,998 $45,513
2019 $2,837 $5,398 $42,856 $45,278
2018 $2,718 $5,083 $43,257 $42,527
2017 $2,619 $4,677 $42,950 $42,244
2016 $2,510 $4,432 $40,114 $39,989
2015 $2,376 $4,264 $38,665 $37,513
2014 $2,215 $3,978 $44,618 $37,331
2013 $2,076 $3,762 $43,000 $36,263
2012 $1,400 - $40,054 $33,055
2011 $1,306 - $38,432 $32,739
2010 $1,213 - $33,762 $31,305
2009 $1,151 - $28,277 $30,746
2008 $1,119 - $31,325 $29,896
2007 $970 - $32,480 $29,331
2006 $898 - $26,655 $27,732
2005 $844 - $27,751 $25,677
2004 $806 - $25,420 $25,124
2003 $765 - $21,914 $23,996
2002 $743 - $16,874 $23,306
2001 $742 - $13,883 $22,511
2000 $738 - $13,641 $21,500
1999 $740 - $15,322 $20,579
1998 $735 - $14,738 $19,323
1997 $748 - $17,474 $19,100
1996 $762 - $18,794 $18,392
1995 $786 - $17,400 $17,864
1994 $785 - $15,280 $17,108
1993 $759 - $13,094 $15,900
1992 $764 - $11,793 $14,877
1991 $733 - $12,230 $14,501
1990 $780 - $13,663 $14,812
1989 $782 - $13,312 -
1988 $817 - $13,759 -
1987 $822 - $12,331 -
1986 - - $9,428 -
1985 $847 - $7,601 -
1984 - - $6,714 -
1983 - - $7,598 -
1982 - - $7,656 -
1981 - - $7,814 -
1980 - - $7,467 -
1979 - - $6,668 -
1978 - - $5,937 -
1977 - - $4,951 -
1976 - - $4,374 -
1975 - - $4,172 -
1974 - - $4,611 -
1973 - - $4,323 -
1972 - - $3,295 -
1971 - - $2,773 -
1970 - - $2,311 -
1969 - - $2,097 -
1968 - - $1,902 -
1967 - - $2,208 -
1966 - - $2,211 -
1965 - - $2,171 -
1964 - - $2,839 -
1963 - - $2,646 -
1962 - - $2,471 -
1961 - - $2,365 -
1960 - - $2,334 -

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

GeoRank.org/economy/djibouti/new-zealand | CC BY

Djibouti's GDP per capita is $3,553, ranking 133/197, compared to $49,205 in New Zealand, ranking 26/197. Adjusted for purchasing power (GDP per capita PPP), Djibouti ranks 143rd at $7,810, while New Zealand ranks 38th at $55,551.

Economic indicators

Djibouti New Zealand
Gross domestic product
$4.15B
2024
$260B
2024
GDP rank
165/197
2024
52/197
2024
GDP growth
6.98%
2023-2024
1.29%
2023-2024
GDP per capita
$3,553
2024
$49,205
2024
GDP per capita rank
133/197
2024
26/197
2024
GDP per capita, PPP
$7,810
2024
$55,551
2024
GDP per capita PPP rank
143/197
2024
38/197
2024
Government debt
$1.36B
2024
$131B
2024
Debt-to-GDP ratio
32.9%
2024
50.2%
2024
Government debt per person
$1,167
2024
$24,722
2024
Government debt per person rank
137/185
2024
28/185
2024
Average annual personal income after taxes
$2,690
2026
$37,758
2026
Market capitalization of domestic companies n/a
$92.9B
2024
Number of billionaires n/a
5
2025
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
41.9%
2024
Consumer prices inflation
2.1%
2023-2024
2.92%
2023-2024
Central bank interest rate n/a
2.25%
2025
Unemployment rate
40%
2017
4.76%
2024
Population
1203929
5374272

Spending and national debt comparison by year

Djibouti
Spending

Debt
New Zealand
Spending

Debt
1x
Year % of GDP
Djibouti New Zealand
Government spending Government debt Government spending Government debt
2024 20.6% 32.9% 41.9% 50.2%
2023 21.5% 35.4% 41.2% 46.9%
2022 21% 38.3% 41.8% 46.9%
2021 23.1% 40.3% 41.9% 47.5%
2020 25.8% 42.1% 42% 43.2%
2019 24.9% 41.1% 38.8% 31.8%
2018 25.9% 47.5% 36.1% 28.1%
2017 23.9% 48% 35.6% 31.1%
2016 25.9% 45.9% 36.4% 33.3%
2015 42% 40.3% 37.2% 34.2%
2014 29% 26.9% 37.7% 34.2%
2013 26.8% 24.6% 38.6% 34.5%
2012 26.5% 25% 39.7% 35.7%
2011 25.3% 25.7% 42.4% 34.7%
2010 26.6% 27.9% 42.9% 29.6%
2009 31% 29.5% 40.3% 24.3%
2008 28.8% 59.3% 38.5% 19%
2007 26.6% 56.6% 37.1% 16.3%
2006 23.8% 58.3% 37.9% 18.4%
2005 26.2% 60.3% 37.1% 20.8%
2004 26.7% 65.3% 36.2% 22.5%
2003 25.8% 66.3% 36.7% 24.7%
2002 23.4% 63.7% 36.8% 26.4%
2001 21% 58.1% 37.2% 28.2%
2000 23.2% 58.1% 38.3% 30%
1999 23.5% 58.5% 39.3% 32%
1998 24% 55.2% 40.1% 34.5%
1997 25% 56% 39.3% 34.6%
1996 23.7% 53.1% 39.9% 37.3%
1995 27% 50.9% 41.6% 43.5%
1994 30.9% - 42.8% 48.9%
1993 35.3% - 46.8% 54.6%
1992 34.9% - 52.5% 58.7%
1991 27.7% - 53% 58%
1990 30.2% - 49.6% 55.5%
1989 - - 47.8% 54.9%
1988 - - 46.1% 54.7%
1987 - - 46.1% 62.9%
1986 - - 46.9% 68.5%
1985 - - 46.2% 64.1%
1984 - - 40.7% 62.8%
1983 - - 41.4% 59.6%
1982 - - 39.9% 51.5%
1981 - - 39.1% 50.5%
1980 - - 38% 52.2%
1979 - - 38.4% 52%
1978 - - 36.6% 50%
1977 - - 30% 44.6%
1976 - - 31.6% 47.6%
1975 - - 30.1% 41.4%
1974 - - 27.3% 39.6%
1973 - - 27.1% 44%
1972 - - 26.4% 46%
1971 - - 26.8% 71.3%
1970 - - 24.8% 76.5%
1969 - - 25.9% 85.8%
1968 - - 26.2% 86.5%
1967 - - 26% 59.7%
1966 - - 25% 58.2%
1965 - - 24.9% 59.6%
1964 - - 19.4% 61.8%
1963 - - 19.4% 64.5%
1962 - - 21.6% 65%
1961 - - 21.1% 64.6%
1960 - - 25.3% 68.1%

Data sources: International Monetary Fund (IMF) | Fiscal Monitor (1990–2024, retrieved 2026-02-20); International Monetary Fund (IMF) | Public Finances in Modern History (1960–2008, retrieved 2026-02-20).

GeoRank.org/economy/djibouti/new-zealand | CC BY

In 2024, Djibouti's government spending was $856M, accounting for 20.6% of its GDP, while New Zealand spent $109B, or 41.9% of GDP.

Debt-to-GDP ratio is 32.9% in Djibouti and 50.2% in New Zealand, ranking 149/185 and 107/185, respectively.

Government deficit by year

Deficit/surplus
Djibouti

New Zealand
1x
Year Deficit/surplus, % of GDP
Djibouti New Zealand
2024 -2.6% -3.61%
2023 -3.46% -3.54%
2022 -1.48% -4.16%
2021 -3.05% -3.5%
2020 -2.58% -4.35%
2019 -0.98% -2.5%
2018 -1.98% 1.27%
2017 -0.21% 1.36%
2016 -0.76% 0.98%
2015 -15.5% 0.36%
2014 -6.92% -0.34%
2013 -0.34% -1.29%
2012 -2.04% -2.19%
2011 -1.18% -4.96%
2010 -1.04% -5.51%
2009 -3.88% -1.81%
2008 0.62% 1.47%
2007 -1.88% 3.6%
2006 0.26% 4.62%
2005 -1.18% 5.13%
2004 -3.67% 4.49%
2003 -4.13% 3.68%
2002 -4.56% 2.55%
2001 -3.61% 1.29%
2000 -3.97% 0.17%
1999 -5.2% -1.11%
1998 -3.59% -0.48%
1997 -2.86% 1.23%
1996 -1.77% 2.58%
1995 -5.13% 3.7%
1994 -4.97% 1.99%
1993 -7.1% -1.53%
1992 -6.13% -6.27%
1991 -0.86% -6.14%
1990 -3.25% -2.74%
1989 - -2.16%
1988 - -1.88%
1987 - -3.43%
1986 - -5.33%
1985 - -6.97%
1984 - -8.68%
1983 - -6.64%
1982 - -6.26%
1981 - -6.02%
1980 - -4.9%
1979 - -6.55%
1978 - -3.41%
1977 - -1.09%
1976 - -2.07%
1975 - 0.11%
1974 - 0.03%
1973 - -0.07%
1972 - 0.12%
1971 - 0.09%
1970 - -0.05%
1969 - 0.17%
1968 - 0.03%
1967 - 0.02%
1966 - 0.09%
1965 - 0.26%
1964 - -0.08%
1963 - -0.26%
1962 - 0.02%
1961 - 0.03%
1960 - 0.05%
1959 - 0.03%
1958 - -0.02%
1957 - 0.32%
1956 - 1.33%
1955 - 0.73%
1954 - 0.22%
1953 - 0.43%
1952 - 1.73%
1951 - 1.17%
1950 - 0.78%
1949 - 0.53%
1948 - 0.36%
1947 - 1.07%
1946 - 0.31%
1945 - 0.32%
1944 - 0.59%
1943 - 1.24%
1942 - 0.56%
1941 - 0.64%
1940 - 0.13%
1939 - 0.34%
1938 - 0.38%
1937 - 0.23%
1936 - 0.17%
1935 - 1.19%
1934 - -0.55%
1933 - 0.02%
1932 - -1.77%
1931 - -1.12%
1930 - 0.09%
1929 - -0.37%
1928 - 0.12%
1927 - 0.4%
1926 - 0.72%
1925 - 0.78%
1924 - 1.2%
1923 - 0.95%
1922 - -0.2%
1921 - 3.55%
1920 - 1.51%
1919 - 2.9%
1918 - 4.35%
1917 - 3.89%
1916 - 1.46%
1915 - 0.06%
1914 - 0.45%
1913 - 0.79%
1912 - 0.89%
1911 - 1.24%
1910 - 0.36%
1909 - 0.31%
1908 - 1.26%
1907 - 1.13%
1906 - 0.97%
1905 - 1.41%
1904 - 1.42%
1903 - 0.55%
1902 - 0.63%
1901 - 1.11%
1900 - 1.59%
1899 - 1.15%
1898 - 1.38%
1897 - 0.86%
1896 - 0.65%
1895 - 0.32%
1894 - 0.76%
1893 - 1.14%
1892 - 0.09%
1891 - 0.46%
1890 - 0.05%
1889 - 0.59%
1888 - -1.64%
1887 - -1.63%
1886 - -0.53%
1885 - -0.47%
1884 - -0.1%
1883 - 0.38%
1882 - 0.18%
1881 - -2.33%
1880 - -2.39%
1879 - -0.55%
1878 - -0.85%
1877 - -2.53%
1876 - -5.28%

Data sources: International Monetary Fund (IMF) | Public Finances in Modern History (1876–1989, retrieved 2026-02-20); International Monetary Fund (IMF) | Fiscal Monitor (1990–2024, retrieved 2026-02-20).

GeoRank.org/economy/djibouti/new-zealand | 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 New Zealand's deficit of $9.38B, or 3.61% of GDP.

Over the past 35 years, Djibouti recorded a fiscal deficit in 33 of those years, while New Zealand ran a deficit in 18 years. On average, Djibouti posted an annual deficit equal to 3.17% of GDP, compared to deficit of 0.44% of GDP for New Zealand.

Inflation comparison by year

Inflation
Djibouti

New Zealand
1x
Year Consumer prices inflation
Djibouti New Zealand
2024 2.1% 2.92%
2023 1.4% 5.73%
2022 5.2% 7.17%
2021 1.2% 3.94%
2020 1.8% 1.71%
2019 3.3% 1.62%
2018 0.1% 1.6%
2017 0.6% 1.85%
2016 2.4% 0.65%
2015 -0.5% 0.29%
2014 1.3% 1.23%
2013 1.1% 1.13%
2012 4.2% 1.06%
2011 5.2% 4.03%
2010 2.5% 2.3%
2009 5.6% 2.12%
2008 8.7% 3.96%
2007 5.9% 2.38%
2006 3.5% 3.37%
2005 3.3% 3.04%
2004 2.4% 2.29%
2003 1.6% 1.75%
2002 1.4% 2.68%
2001 1.9% 2.63%
2000 1.2% 2.62%
1999 -0.4% -0.11%
1998 2.2% 1.27%
1997 2.5% 1.19%

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/new-zealand | CC BY

Over the past 28 years, Djibouti has recorded an average annual inflation rate of 2.56%, compared with 2.37% in New Zealand. In 2024, inflation was 2.1% in Djibouti and 2.92% in New Zealand.

Top exports between countries

Djibouti
Export category Export value
New Zealand
Export category Export value
Animal & marine products $1.23M
Metals $203K
Raw agricultural goods $193K
Machinery & equipment $112K
Processed food, beverages & tobacco $28K
Chemicals & pharma $1K

Balance of trade

Djibouti New Zealand
Current account balance
$610M
2024
-$12.1B
2024
Current account balance ranking
59/190
2024
178/190
2024
Current account balance, % of GDP
+14.7%
2024
-4.65%
2024
Goods imports
$4.04B
2024
$47.3B
2024
Goods exports
$4.08B
2024
$43.3B
2024
Service imports
$730M
2024
$19.5B
2024
Service exports
$1.17B
2024
$18.9B
2024
Imports of goods and services, % of GDP
114.8%
2024
26.4%
2024
Exports of goods and services, % of GDP
126.4%
2024
24.8%
2024

Economic freedom indices

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

Djibouti New Zealand
Economic freedom 56.3 77.8
Economic freedom ranking 122/197 13/197
Property rights 30.4 85.4
Government integrity 27.9 90
Judicial effectiveness 28.6 95.9
Tax burden 83.5 66.1
Government spending 86.7 48
Fiscal health 87.7 72.2
Business freedom 52.9 89.1
Labor freedom 57.5 68.6
Monetary freedom 70.6 77.4
Trade freedom 49.8 90.6
Investment freedom 50 70
Financial freedom 50 80

Economic freedom comparison by year

Djibouti
New Zealand
1x
Year Economic freedom index
Djibouti New Zealand
2026 56.3 77.8
2025 55.7 78.1
2024 55.8 77.8
2023 56.1 78.9
2022 55.3 80.6
2021 56.2 83.9
2020 52.9 84.1
2019 47.1 84.4
2018 45.1 84.2
2017 46.7 83.7
2016 56 81.6
2015 57.5 82.1
2014 55.9 81.2
2013 53.9 81.4
2012 53.9 82.1
2011 54.5 82.3
2010 51 82.1
2009 51.3 82
2008 51.2 80.7
2007 52.4 81.4
2006 53.2 82
2005 55.2 82.3
2004 55.6 81.5
2003 55.7 81.1
2002 57.8 80.7
2001 58.3 81.1
2000 55.1 80.9
1999 57.1 81.7
1998 55.9 79.2
1997 54.5 79
1996 - 78.1

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

GeoRank.org/economy/djibouti/new-zealand | CC BY

The Economic Freedom Index for Djibouti is 56.3, ranking 122/197, compared to 77.8 for New Zealand, ranking 13/197. The chart above displays a comparison of annual changes in economic freedom indexes.

Other economic metrics

Djibouti New Zealand
Services, % of GDP
76.1%
2024
67.4%
2022
Industry, % of GDP
15.9%
2024
19.6%
2022
Agriculture, forestry, and fishing, % of GDP
2.51%
2024
4.57%
2022
GNI, Atlas method
$4.25B
2024
$252B
2024
GNI per capita, PPP
$8,030
2024
$53,600
2024
Total reserves including gold
$349M
2024
$22.1B
2024
Total reserves ranking
165/177
2024
59/177
2024
Net foreign direct investment
-$67.8M
2024
-$878M
2024
Net inflows of foreign direct investment
$67.8M
2024
$1.76B
2024
Net outflows of foreign direct investment
$0
2024
$882M
2024
Servicing debt to the IMF, % of GNI
3.27%
2024
n/a
Poverty at national poverty lines
23%
2020
n/a
Gross capital formation, % of GDP
0.25%
2024
22.5%
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/new-zealand | CC BY

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Data sources:

  1. World Bank | Economy & Growth (1960–2024, retrieved 2026-04-06)
  2. International Monetary Fund (IMF) | Public Finances in Modern History (1876–2008, retrieved 2026-02-20)
  3. International Monetary Fund (IMF) | Fiscal Monitor (1990–2024, retrieved 2026-02-20)
  4. The Heritage Foundation | Economic Freedom Index (1996–2026, retrieved 2026-03-09)
  5. U.S. Census Bureau (1985–2024, retrieved 2026-02-08)
  6. TradeMap (2020–2024, 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.