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Economy of Djibouti vs Nicaragua compared: GDP & Debt

Updated on by Georank team

Djibouti has a GDP of $4.15B compared to $19.7B for Nicaragua, ranking 165/197 and 131/197 by economy size, respectively.

Djibouti has $1.36B in government debt (32.9% of GDP), compared to $7.71B (39.1% of GDP) in Nicaragua.

Djibouti vs Nicaragua GDP by year

Djibouti
Nicaragua
1x
Year GDP, current $
Djibouti Nicaragua
2024 $4,152,145,940 $19,693,982,968
2023 $3,898,447,007 $17,805,842,284
2022 $3,562,814,909 $15,634,572,502
2021 $3,392,796,953 $14,209,020,362
2020 $3,144,136,197 $12,726,422,432
2019 $3,088,851,450 $12,699,023,614
2018 $2,913,464,658 $13,025,221,974
2017 $2,762,581,334 $13,785,893,007
2016 $2,604,955,229 $13,286,093,388
2015 $2,424,391,785 $12,756,696,261
2014 $2,220,637,966 $11,880,438,824
2013 $2,044,440,443 $10,982,988,249
2012 $1,353,632,942 $10,532,017,232
2011 $1,239,144,502 $9,774,329,333
2010 $1,128,611,700 $8,758,602,233
2009 $1,049,110,685 $8,298,702,489
2008 $999,105,339 $8,496,967,597
2007 $847,918,929 $7,423,375,015
2006 $768,873,684 $6,763,672,381
2005 $708,633,195 $6,321,324,279
2004 $666,072,102 $5,792,932,838
2003 $622,044,666 $5,322,228,351
2002 $591,122,040 $5,223,727,303
2001 $572,417,441 $5,351,752,034
2000 $551,230,862 $5,109,587,050
1999 $536,080,148 $4,856,026,259
1998 $514,267,869 $4,635,347,386
1997 $502,675,542 $4,389,973,490
1996 $494,004,648 $4,308,351,903
1995 $497,723,961 $4,140,470,000
1994 $491,689,221 $3,863,185,119
1993 $466,048,469 $1,756,454,248
1992 $478,058,305 $1,792,800,000
1991 $462,421,999 $1,488,804,124
1990 $452,328,087 $1,009,455,484
1989 $409,220,087 $1,013,184,756
1988 $395,794,539 $2,630,900,096
1987 $373,371,738 $3,851,200,118
1986 - $2,885,799,994
1985 $340,989,528 $2,683,699,935
1984 - $3,117,599,872
1983 - $2,753,100,058
1982 - $2,454,499,872
1981 - $2,474,700,227
1980 - $2,144,300,006
1979 - $1,567,599,982
1978 - $2,127,699,979
1977 - $2,226,999,874
1976 - $1,836,899,999
1975 - $1,581,599,959
1974 - $1,521,400,012
1973 - $1,092,900,015
1972 - $878,570,045
1971 - $828,569,953
1970 - $778,569,939
1969 - $750,000,003
1968 - $692,859,985
1967 - $657,140,011
1966 - $607,140,010
1965 - $564,290,020
1964 - $347,119,918
1963 - $297,324,163
1962 - $269,283,804
1961 - $244,144,237
1960 - $227,223,322

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

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

GDP per capita in Djibouti vs Nicaragua by year

Djibouti
GDP per capita

GDP per capita, PPP
Nicaragua
GDP per capita

GDP per capita, PPP
1x
Year Current $
Djibouti Nicaragua
GDP per capita GDP per capita, PPP GDP per capita GDP per capita, PPP
2024 $3,553 $7,810 $2,848 $8,709
2023 $3,381 $7,226 $2,609 $8,320
2022 $3,133 $6,621 $2,323 $7,797
2021 $3,026 $5,960 $2,138 $7,119
2020 $2,845 $5,527 $1,938 $6,274
2019 $2,837 $5,398 $1,959 $5,981
2018 $2,718 $5,083 $2,035 $5,935
2017 $2,619 $4,677 $2,183 $6,225
2016 $2,510 $4,432 $2,132 $5,882
2015 $2,376 $4,264 $2,074 $5,449
2014 $2,215 $3,978 $1,958 $5,068
2013 $2,076 $3,762 $1,835 $4,711
2012 $1,400 - $1,785 $4,508
2011 $1,306 - $1,680 $4,325
2010 $1,213 - $1,527 $4,042
2009 $1,151 - $1,467 $3,880
2008 $1,119 - $1,524 $4,044
2007 $970 - $1,350 $3,891
2006 $898 - $1,248 $3,658
2005 $844 - $1,183 $3,456
2004 $806 - $1,099 $3,255
2003 $765 - $1,021 $3,046
2002 $743 - $1,014 $2,948
2001 $742 - $1,052 $2,917
2000 $738 - $1,017 $2,806
1999 $740 - $980 $2,672
1998 $735 - $949 $2,497
1997 $748 - $913 $2,418
1996 $762 - $911 $2,325
1995 $786 - $892 $2,187
1994 $785 - $849 $2,064
1993 $759 - $394 $1,998
1992 $764 - $411 $2,003
1991 $733 - $350 $1,995
1990 $780 - $242.5 $1,979
1989 $782 - $249.2 -
1988 $817 - $662 -
1987 $822 - $992 -
1986 - - $761 -
1985 $847 - $724 -
1984 - - $861 -
1983 - - $780 -
1982 - - $714 -
1981 - - $740 -
1980 - - $659 -
1979 - - $495 -
1978 - - $691 -
1977 - - $744 -
1976 - - $633 -
1975 - - $561 -
1974 - - $557 -
1973 - - $413 -
1972 - - $341 -
1971 - - $331 -
1970 - - $321 -
1969 - - $319 -
1968 - - $304 -
1967 - - $297.9 -
1966 - - $284 -
1965 - - $272.3 -
1964 - - $172.7 -
1963 - - $152.5 -
1962 - - $142.3 -
1961 - - $132.9 -
1960 - - $127.5 -

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

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

Djibouti's GDP per capita is $3,553, ranking 133/197, compared to $2,848 in Nicaragua, ranking 141/197. Adjusted for purchasing power (GDP per capita PPP), Djibouti ranks 143rd at $7,810, while Nicaragua ranks 138th at $8,709.

Economic indicators

Djibouti Nicaragua
Gross domestic product
$4.15B
2024
$19.7B
2024
GDP rank
165/197
2024
131/197
2024
GDP growth
6.98%
2023-2024
3.59%
2023-2024
GDP per capita
$3,553
2024
$2,848
2024
GDP per capita rank
133/197
2024
141/197
2024
GDP per capita, PPP
$7,810
2024
$8,709
2024
GDP per capita PPP rank
143/197
2024
138/197
2024
Government debt
$1.36B
2024
$7.71B
2024
Debt-to-GDP ratio
32.9%
2024
39.1%
2024
Government debt per person
$1,167
2024
$1,115
2024
Government debt per person rank
137/185
2024
138/185
2024
Average annual personal income after taxes
$2,690
2026
$2,318
2026
Income share by richest 10%
32.3%
2017
37.2%
2014
Income share by poorest 10%
1.9%
2017
2%
2014
Government expenditure, % of GDP
20.6%
2024
27.1%
2024
Consumer prices inflation
2.1%
2023-2024
4.6%
2023-2024
Central bank interest rate n/a
6%
2025
Unemployment rate
40%
2017
5.2%
2018
Population
1203929
7124343

Spending and national debt comparison by year

Djibouti
Spending

Debt
Nicaragua
Spending

Debt
1x
Year % of GDP
Djibouti Nicaragua
Government spending Government debt Government spending Government debt
2024 20.6% 32.9% 27.1% 39.1%
2023 21.5% 35.4% 26% 42.3%
2022 21% 38.3% 28.6% 45.9%
2021 23.1% 40.3% 30% 48.4%
2020 25.8% 42.1% 28.9% 49.2%
2019 24.9% 41.1% 27.7% 44.2%
2018 25.9% 47.5% 27.7% 39.1%
2017 23.9% 48% 27.3% 34.7%
2016 25.9% 45.9% 26.8% 30.9%
2015 42% 40.3% 25.4% 28.9%
2014 29% 26.9% 24.6% 28.7%
2013 26.8% 24.6% 24.2% 28.8%
2012 26.5% 25% 24.1% 27.9%
2011 25.3% 25.7% 23.5% 28.8%
2010 26.6% 27.9% 22.6% 30.3%
2009 31% 29.5% 22.7% 29.3%
2008 28.8% 59.3% 21.9% 26%
2007 26.6% 56.6% 21.5% 30.9%
2006 23.8% 58.3% 21.4% 51.2%
2005 26.2% 60.3% 21.3% 66.6%
2004 26.7% 65.3% 20.8% 84%
2003 25.8% 66.3% 20.9% 109.5%
2002 23.4% 63.7% 18.7% 110.4%
2001 21% 58.1% 19.2% 87.5%
2000 23.2% 58.1% 20.6% 95.2%
1999 23.5% 58.5% 22.1% 99.8%
1998 24% 55.2% 18.5% 86.5%
1997 25% 56% 17.9% 86.4%
1996 23.7% 53.1% 18% -
1995 27% 50.9% 17.7% -
1994 30.9% - 18.4% -
1993 35.3% - 18.4% -
1992 34.9% - 18.4% -
1991 27.7% - 16.8% -
1990 30.2% - 28.2% -
1989 - - - -
1988 - - 24.8% -
1987 - - - 266.6%
1986 - - 26.1% 159.2%
1985 - - 29.9% 218%
1984 - - 31.9% 198%
1983 - - 33.8% 211.6%
1982 - - 49.4% 159.1%
1981 - - 39.3% 149.1%
1980 - - 30.4% 152.1%
1979 - - 20.7% 116.3%
1978 - - 17.7% 76.9%
1977 - - 19.9% 62.7%
1976 - - 16.2% 59.5%
1975 - - 17.5% 57.8%
1974 - - 15.3% 40%
1973 - - 12.8% 32.9%
1972 - - 15.1% 30.2%
1971 - - 15.1% 31.6%
1970 - - 13.2% 35.4%
1969 - - 11.1% -
1968 - - 10.9% -
1967 - - 12.7% -
1966 - - 12.2% -
1965 - - 10.9% -
1964 - - 10.2% -
1963 - - 10.5% -
1962 - - 10.6% -
1961 - - 9.93% -
1960 - - 11.2% -

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/nicaragua | CC BY

In 2024, Djibouti's government spending was $856M, accounting for 20.6% of its GDP, while Nicaragua spent $5.34B, or 27.1% of GDP.

Debt-to-GDP ratio is 32.9% in Djibouti and 39.1% in Nicaragua, ranking 149/185 and 136/185, respectively.

Government deficit by year

Deficit/surplus
Djibouti

Nicaragua
1x
Year Deficit/surplus, % of GDP
Djibouti Nicaragua
2024 -2.6% 2.48%
2023 -3.46% 2.31%
2022 -1.48% 0.65%
2021 -3.05% -1.26%
2020 -2.58% -2.57%
2019 -0.98% -1.12%
2018 -1.98% -4.35%
2017 -0.21% -1.75%
2016 -0.76% -1.92%
2015 -15.5% -1.64%
2014 -6.92% -0.89%
2013 -0.34% -0.3%
2012 -2.04% 0.22%
2011 -1.18% 0.59%
2010 -1.04% 0.69%
2009 -3.88% -0.9%
2008 0.62% 0.27%
2007 -1.88% 1.88%
2006 0.26% 1.36%
2005 -1.18% 1.72%
2004 -3.67% 1.69%
2003 -4.13% 1.3%
2002 -4.56% 2.07%
2001 -3.61% 0.34%
2000 -3.97% 2.15%
1999 -5.2% -6.86%
1998 -3.59% -2.88%
1997 -2.86% -3.31%
1996 -1.77% -5%
1995 -5.13% -4.62%
1994 -4.97% -5.79%
1993 -7.1% -4.66%
1992 -6.13% -3.8%
1991 -0.86% -3.45%
1990 -3.25% -15.2%
1989 - -
1988 - -22.4%
1987 - -
1986 - -7.33%
1985 - -11.3%
1984 - -11.8%
1983 - -15.6%
1982 - -20.2%
1981 - -10.6%
1980 - -6.53%
1979 - -5.89%
1978 - -4.44%
1977 - -5.91%
1976 - -2.2%
1975 - -3.53%
1974 - -1.41%
1973 - 1.21%
1972 - -2.61%
1971 - -2.33%
1970 - -2.69%
1969 - -1.57%
1968 - -1.21%
1967 - -2.11%
1966 - -1.04%
1965 - 0.3%
1964 - 0.2%
1963 - 0.75%
1962 - -0.29%
1961 - 0.04%
1960 - -1.28%

Data sources: International Monetary Fund (IMF) | Fiscal Monitor (1990–2024, retrieved 2026-02-20); International Monetary Fund (IMF) | Public Finances in Modern History (1960–1999, retrieved 2026-02-20).

GeoRank.org/economy/djibouti/nicaragua | 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 Nicaragua's surplus of $489M, or 2.48% of GDP.

Over the past 35 years, Djibouti recorded a fiscal deficit in 33 of those years, while Nicaragua ran a deficit in 20 years. On average, Djibouti posted an annual deficit equal to 3.17% of GDP, compared to deficit of 1.5% of GDP for Nicaragua.

Inflation comparison by year

Inflation
Djibouti

Nicaragua
1x
Year Consumer prices inflation
Djibouti Nicaragua
2024 2.1% 4.6%
2023 1.4% 8.4%
2022 5.2% 10.5%
2021 1.2% 4.9%
2020 1.8% 3.7%
2019 3.3% 5.4%
2018 0.1% 4.9%
2017 0.6% 3.9%
2016 2.4% 3.5%
2015 -0.5% 4%
2014 1.3% 6%
2013 1.1% 7.1%
2012 4.2% 7.2%
2011 5.2% 8.1%
2010 2.5% 5.5%
2009 5.6% 3.7%
2008 8.7% 19.8%
2007 5.9% 11.1%
2006 3.5% 9.1%
2005 3.3% 9.6%
2004 2.4% 8.5%
2003 1.6% 5.3%
2002 1.4% 3.8%
2001 1.9% 7.4%
2000 1.2% 11.5%
1999 -0.4% 11.2%
1998 2.2% 13%
1997 2.5% 9.2%

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

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

Over the past 28 years, Djibouti has recorded an average annual inflation rate of 2.56%, compared with 7.53% in Nicaragua. In 2024, inflation was 2.1% in Djibouti and 4.6% in Nicaragua.

Top exports between countries

Djibouti
Export category Export value
Machinery & equipment $97K
Nicaragua
Export category Export value
Chemicals & pharma $20K
Textiles & consumer goods $1K

Balance of trade

Djibouti Nicaragua
Current account balance
$610M
2024
$818M
2024
Current account balance ranking
59/190
2024
55/190
2024
Current account balance, % of GDP
+14.7%
2024
+4.15%
2024
Goods imports
$4.04B
2024
$10.1B
2024
Goods exports
$4.08B
2024
$6.84B
2024
Service imports
$730M
2024
$1.31B
2024
Service exports
$1.17B
2024
$1.3B
2024
Imports of goods and services, % of GDP
114.8%
2024
58.1%
2024
Exports of goods and services, % of GDP
126.4%
2024
40.5%
2024

Economic freedom indices

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

Djibouti Nicaragua
Economic freedom 56.3 53.6
Economic freedom ranking 122/197 139/197
Property rights 30.4 23.8
Government integrity 27.9 13.4
Judicial effectiveness 28.6 8.8
Tax burden 83.5 74.5
Government spending 86.7 77.7
Fiscal health 87.7 96.9
Business freedom 52.9 54.4
Labor freedom 57.5 47.3
Monetary freedom 70.6 69.4
Trade freedom 49.8 67
Investment freedom 50 60
Financial freedom 50 50

Economic freedom comparison by year

Djibouti
Nicaragua
1x
Year Economic freedom index
Djibouti Nicaragua
2026 56.3 53.6
2025 55.7 54
2024 55.8 53.4
2023 56.1 54.9
2022 55.3 54.8
2021 56.2 56.3
2020 52.9 57.2
2019 47.1 57.7
2018 45.1 58.9
2017 46.7 59.2
2016 56 58.6
2015 57.5 57.6
2014 55.9 58.4
2013 53.9 56.6
2012 53.9 57.9
2011 54.5 58.8
2010 51 58.3
2009 51.3 59.8
2008 51.2 60.8
2007 52.4 62.7
2006 53.2 63.8
2005 55.2 62.5
2004 55.6 61.4
2003 55.7 62.6
2002 57.8 61.1
2001 58.3 58
2000 55.1 56.9
1999 57.1 54
1998 55.9 53.8
1997 54.5 53.3
1996 - 54.1
1995 - 42.5

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

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

The Economic Freedom Index for Djibouti is 56.3, ranking 122/197, compared to 53.6 for Nicaragua, ranking 139/197. The chart above displays a comparison of annual changes in economic freedom indexes.

Other economic metrics

Djibouti Nicaragua
Services, % of GDP
76.1%
2024
46.8%
2024
Industry, % of GDP
15.9%
2024
27.6%
2024
Agriculture, forestry, and fishing, % of GDP
2.51%
2024
14.4%
2024
GNI, Atlas method
$4.25B
2024
$17.4B
2024
GNI per capita, PPP
$8,030
2024
$8,270
2024
Total reserves including gold
$349M
2024
$6.1B
2024
Total reserves ranking
165/177
2024
91/177
2024
Net foreign direct investment
-$67.8M
2024
-$1.28B
2024
Net inflows of foreign direct investment
$67.8M
2024
$1.35B
2024
Net outflows of foreign direct investment
$0
2024
$73.8M
2024
Servicing debt to the IMF, % of GNI
3.27%
2024
9.74%
2024
Poverty at national poverty lines
23%
2020
24.9%
2016
Gross capital formation, % of GDP
0.25%
2024
24.7%
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/nicaragua | CC BY

Compare countries by 7 more topics

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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. International Monetary Fund (IMF) | Public Finances in Modern History (1960–2008, retrieved 2026-02-20)
  4. The Heritage Foundation | Economic Freedom Index (1995–2026, retrieved 2026-03-09)
  5. U.S. Census Bureau (1985–2024, retrieved 2026-02-08)
  6. TradeMap (2021–2022, 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.