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Economy of Djibouti vs Nigeria compared: GDP & Debt

Updated on by Georank

Djibouti has a GDP of $4.62B compared to $291B for Nigeria, ranking 164/197 and 50/197 by economy size, respectively.

Djibouti has $1.49B in government debt (32.1% of GDP), compared to $103B (35.5% of GDP) in Nigeria.

Djibouti vs Nigeria GDP by year

Djibouti
Nigeria
1x
Year GDP, current $
Djibouti Nigeria
2025 $4,624,533,092 $290,794,361,542
2024 $4,152,145,940 $252,261,880,140
2023 $3,898,447,007 $487,387,801,878
2022 $3,562,814,909 $646,950,257,575
2021 $3,392,796,953 $609,147,716,965
2020 $3,144,136,197 $598,586,817,817
2019 $3,088,851,450 $668,219,992,687
2018 $2,913,464,658 $421,739,251,509
2017 $2,762,581,334 $375,745,731,053
2016 $2,604,955,229 $404,649,125,252
2015 $2,424,391,785 $493,026,682,801
2014 $2,220,637,966 $574,183,763,412
2013 $2,044,440,443 $520,117,180,314
2012 $1,353,632,942 $463,971,018,239
2011 $1,239,144,502 $414,466,676,831
2010 $1,128,611,700 $366,990,417,129
2009 $1,049,110,685 $295,008,835,381
2008 $999,105,339 $339,476,276,258
2007 $847,918,929 $278,260,846,800
2006 $768,873,684 $238,454,997,161
2005 $708,633,195 $175,670,569,969
2004 $666,072,102 $135,764,731,646
2003 $622,044,666 $104,738,954,264
2002 $591,122,040 $95,054,059,303
2001 $572,417,441 $73,557,840,064
2000 $551,230,862 $69,171,451,627
1999 $536,080,148 $59,145,077,039
1998 $514,267,869 $218,416,200,673
1997 $502,675,542 $200,850,397,618
1996 $494,004,648 $185,730,236,700
1995 $497,723,961 $140,919,776,986
1994 $491,689,221 $80,399,613,064
1993 $466,048,469 $56,721,051,402
1992 $478,058,305 $52,058,181,854
1991 $462,421,999 $59,526,833,412
1990 $452,328,087 $54,035,795,388
1989 $409,220,087 $44,003,061,108
1988 $395,794,539 $49,648,470,440
1987 $373,371,738 $52,676,041,931
1986 - $54,805,852,581
1985 $340,989,528 $73,745,821,158
1984 - $73,484,359,521
1983 - $97,094,911,792
1982 - $142,769,363,314
1981 - $164,475,209,516
1980 - $64,201,788,123
1979 - $47,259,911,894
1978 - $36,527,862,209
1977 - $36,035,407,725
1976 - $36,308,883,249
1975 - $27,778,934,625
1974 - $24,846,641,318
1973 - $15,162,871,287
1972 - $12,274,416,018
1971 - $9,181,769,912
1970 - $12,546,094,982
1969 - $6,634,317,346
1968 - $5,200,997,920
1967 - $5,203,237,919
1966 - $6,366,917,453
1965 - $5,874,537,650
1964 - $5,552,931,319
1963 - $5,165,590,254
1962 - $4,909,399,176
1961 - $4,467,287,893
1960 - $4,196,174,502

Data sources: World Bank | Economy & Growth (1960–2025, retrieved 2026-07-08).

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

GDP per capita in Djibouti vs Nigeria by year

Djibouti
GDP per capita

GDP per capita, PPP
Nigeria
GDP per capita

GDP per capita, PPP
1x
Year Current $
Djibouti Nigeria
GDP per capita GDP per capita, PPP GDP per capita GDP per capita, PPP
2025 $3,906 - $1,224 -
2024 $3,553 $7,810 $1,084 $9,087
2023 $3,381 $7,226 $2,139 $8,705
2022 $3,133 $6,621 $2,899 $8,305
2021 $3,026 $5,960 $2,787 $7,588
2020 $2,845 $5,527 $2,797 $7,415
2019 $2,837 $5,398 $3,190 $7,551
2018 $2,718 $5,083 $2,058 $7,158
2017 $2,619 $4,677 $1,876 $7,037
2016 $2,510 $4,432 $2,070 $7,072
2015 $2,376 $4,264 $2,586 $7,308
2014 $2,215 $3,978 $3,089 $7,396
2013 $2,076 $3,762 $2,873 $7,004
2012 $1,400 - $2,633 $6,671
2011 $1,306 - $2,418 $6,585
2010 $1,213 - $2,202 $6,301
2009 $1,151 - $1,820 $5,927
2008 $1,119 - $2,154 $5,607
2007 $970 - $1,816 $5,298
2006 $898 - $1,600 $4,975
2005 $844 - $1,211 $4,678
2004 $806 - $962 $4,381
2003 $765 - $763 $4,015
2002 $743 - $712 $3,770
2001 $742 - $566 $3,309
2000 $738 - $547 $3,139
1999 $740 - $481 $3,002
1998 $735 - $1,822 $3,022
1997 $748 - $1,720 $2,990
1996 $762 - $1,633 $2,931
1995 $786 - $1,272 $2,835
1994 $785 - $745 $2,853
1993 $759 - $540 $2,921
1992 $764 - $509 $2,991
1991 $733 - $597 $2,870
1990 $780 - $556 $2,840
1989 $782 - $465 -
1988 $817 - $540 -
1987 $822 - $588 -
1986 - - $628 -
1985 $847 - $869 -
1984 - - $890 -
1983 - - $1,207 -
1982 - - $1,822 -
1981 - - $2,162 -
1980 - - $870 -
1979 - - $661 -
1978 - - $527 -
1977 - - $536 -
1976 - - $556 -
1975 - - $438 -
1974 - - $403 -
1973 - - $252.4 -
1972 - - $209.5 -
1971 - - $160.5 -
1970 - - $224.5 -
1969 - - $121.4 -
1968 - - $97.3 -
1967 - - $99.5 -
1966 - - $124.4 -
1965 - - $117.3 -
1964 - - $113.3 -
1963 - - $107.7 -
1962 - - $104.5 -
1961 - - $97.1 -
1960 - - $93.1 -

Data sources: World Bank | Economy & Growth (1960–2025, retrieved 2026-07-08).

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

Djibouti's GDP per capita is $3,906, ranking 136/197, compared to $1,224 in Nigeria, ranking 172/197. Adjusted for purchasing power (GDP per capita PPP), Djibouti ranks 143rd at $7,810, while Nigeria ranks 136th at $9,087.

Economic indicators

Djibouti Nigeria
Gross domestic product
$4.62B
2025
$291B
2025
GDP rank
164/197
2025
50/197
2025
GDP growth
6.5%
2024-2025
4.01%
2024-2025
GDP per capita
$3,906
2025
$1,224
2025
GDP per capita rank
136/197
2025
172/197
2025
GDP per capita, PPP
$7,810
2024
$9,087
2024
GDP per capita PPP rank
143/197
2024
136/197
2024
Government debt
$1.49B
2025
$103B
2025
Debt-to-GDP ratio
32.1%
2025
35.5%
2025
Government debt per person
$1,255
2025
$434
2025
Government debt per person rank
135/185
2025
170/185
2025
Average annual personal income after taxes
$2,942
2026
$768
2026
Market capitalization of domestic companies n/a
$86.9B
2025
Number of billionaires n/a
4
2026
Income share by richest 10%
32.3%
2017
26.3%
2022
Income share by poorest 10%
1.9%
2017
3%
2022
Government expenditure, % of GDP
19.5%
2025
11.7%
2025
Consumer prices inflation
-0.3%
2024-2025
23%
2024-2025
Central bank interest rate n/a
26.5%
2026
Unemployment rate
38.8%
2025
3.45%
2024
Population
1207325
245016045

Spending and national debt comparison by year

Djibouti
Spending

Debt
Nigeria
Spending

Debt
1x
Year % of GDP
Djibouti Nigeria
Government spending Government debt Government spending Government debt
2025 19.5% 32.1% 11.7% 35.5%
2024 21.3% 34% 12% 39.3%
2023 21.6% 35.6% 10.4% 36.3%
2022 21% 38.3% 10.6% 29.8%
2021 23.1% 40.3% 9.09% 26.6%
2020 25.8% 42.1% 8.73% 25.7%
2019 24.9% 41.1% 8.87% 21.4%
2018 25.9% 47.5% 9.1% 20.4%
2017 23.9% 48% 8.51% 18%
2016 25.9% 45.9% 6.93% 17.4%
2015 42% 40.3% 7.85% 14.9%
2014 29% 26.9% 9.49% 15.8%
2013 26.8% 24.6% 10% 13%
2012 26.5% 25% 10.5% 12.5%
2011 25.3% 25.7% 12.3% 12.4%
2010 26.6% 27.9% 11.8% 6.67%
2009 31% 29.5% 11% 6.12%
2008 28.8% 59.3% 10.2% 5.17%
2007 26.6% 56.6% 12.9% 5.76%
2006 23.8% 58.3% 8.75% 6.68%
2005 26.2% 60.3% 12.6% 13.4%
2004 26.7% 65.3% 13% 25.2%
2003 25.8% 66.3% 16.5% 29.9%
2002 23.4% 63.7% 13.8% 30.7%
2001 21% 58.1% 21.9% 37.7%
2000 23.2% 58.1% 17.6% 40.9%
1999 23.5% 58.5% 14.9% 46.1%
1998 24% 55.2% 11.2% 15.8%
1997 25% 56% 9.68% 17.1%
1996 23.7% 53.1% 7.87% 17.9%
1995 27% 50.9% 8.87% 24.2%
1994 30.9% - 12.1% 39.7%
1993 35.3% - 20% 50.4%
1992 34.9% - 15.9% 49.8%
1991 27.7% - 13.6% 53.2%
1990 30.2% - 14.2% 50.9%

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/nigeria | CC BY

In 2025, Djibouti's government spending was $904M, accounting for 19.5% of its GDP, while Nigeria spent $34.1B, or 11.7% of GDP.

Debt-to-GDP ratio is 32.1% in Djibouti and 35.5% in Nigeria, ranking 150/185 and 143/185, respectively.

Government deficit by year

Deficit/surplus
Djibouti

Nigeria
1x
Year Deficit/surplus, % of GDP
Djibouti Nigeria
2025 -0.7% -1.76%
2024 -2.69% -1.27%
2023 -3.47% -3.12%
2022 -1.48% -4%
2021 -3.05% -3.97%
2020 -2.58% -4.03%
2019 -0.98% -3.31%
2018 -1.98% -3.06%
2017 -0.21% -3.85%
2016 -0.76% -3.3%
2015 -15.5% -2.7%
2014 -6.92% -1.72%
2013 -0.34% -1.89%
2012 -2.04% -0.09%
2011 -1.18% 0.31%
2010 -1.04% -2.96%
2009 -3.88% -3.78%
2008 0.62% 4.05%
2007 -1.88% -0.79%
2006 0.26% 6.22%
2005 -1.18% 3.49%
2004 -3.67% 3.9%
2003 -4.13% -1.56%
2002 -4.56% 0.95%
2001 -3.61% -2.29%
2000 -3.97% 2.89%
1999 -5.2% -1.39%
1998 -3.59% -3.47%
1997 -2.86% 1.14%
1996 -1.77% 3.37%
1995 -5.13% 2.52%
1994 -4.97% -2.96%
1993 -7.1% -6.07%
1992 -6.13% 0.94%
1991 -0.86% -1.18%
1990 -3.25% -0.48%

Data sources: International Monetary Fund (IMF) | Fiscal Monitor (1990–2025, retrieved 2026-07-08).

GeoRank.org/economy/djibouti/nigeria | 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 Nigeria's deficit of $5.12B, or 1.76% of GDP.

Over the past 36 years, Djibouti recorded a fiscal deficit in 34 of those years, while Nigeria ran a deficit in 25 years. On average, Djibouti posted an annual deficit equal to 3.11% of GDP, compared to deficit of 0.98% of GDP for Nigeria.

Inflation comparison by year

Inflation
Djibouti

Nigeria
1x
Year Consumer prices inflation
Djibouti Nigeria
2025 -0.3% 23%
2024 2.1% 33.2%
2023 1.4% 24.7%
2022 5.2% 18.8%
2021 1.2% 17%
2020 1.8% 13.2%
2019 3.3% 11.4%
2018 0.1% 12.1%
2017 0.6% 16.5%
2016 2.4% 15.7%
2015 -0.5% 9.01%
2014 1.3% 8.05%
2013 1.1% 8.5%
2012 4.2% 12.2%
2011 5.2% 10.8%
2010 2.5% 13.7%
2009 5.6% 12.5%
2008 8.7% 11.6%
2007 5.9% 5.39%
2006 3.5% 8.23%
2005 3.3% 17.9%
2004 2.4% 15%
2003 1.6% 14%
2002 1.4% 12.9%
2001 1.9% 18.9%
2000 1.2% 6.93%
1999 -0.4% 6.62%
1998 2.2% 10%
1997 2.5% 8.53%

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

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

Over the past 29 years, Djibouti has recorded an average annual inflation rate of 2.46%, compared with 13.7% in Nigeria. In 2025, inflation was -0.3% in Djibouti and 23% in Nigeria.

Top exports between countries

Djibouti
Export category Export value
Machinery & equipment $3.25M
Textiles & consumer goods $776K
Animal & marine products $175K
Processed food, beverages & tobacco $94K
Chemicals & pharma $36K
Wood & paper products $31K
Precious metals & jewellery $17K
Raw materials & minerals $10K
Miscellaneous $2K
Nigeria
Export category Export value
Raw materials & minerals $671K
Raw agricultural goods $210K

Balance of trade

Djibouti Nigeria
Current account balance
$610M
2024
$14B
2025
Current account balance ranking
55/190
2024
21/190
2025
Current account balance, % of GDP
+14.7%
2024
+4.83%
2025
Goods imports
$4.04B
2024
$43B
2025
Goods exports
$4.08B
2024
$57.5B
2025
Service imports
$730M
2024
$19.6B
2025
Service exports
$1.17B
2024
$5.06B
2025
Imports of goods and services, % of GDP
95.8%
2025
16.9%
1960
Exports of goods and services, % of GDP
110.5%
2025
9.24%
1960

Economic freedom indices

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

Djibouti Nigeria
Economic freedom 56.3 54.8
Economic freedom ranking 122/197 132/197
Property rights 30.4 29.7
Government integrity 27.9 23.5
Judicial effectiveness 28.6 34.4
Tax burden 83.5 84.6
Government spending 86.7 96.3
Fiscal health 87.7 83.5
Business freedom 52.9 50.3
Labor freedom 57.5 75.4
Monetary freedom 70.6 56.1
Trade freedom 49.8 64.4
Investment freedom 50 30
Financial freedom 50 30

Economic freedom comparison by year

Djibouti
Nigeria
1x
Year Economic freedom index
Djibouti Nigeria
2026 56.3 54.8
2025 55.7 53.4
2024 55.8 53.1
2023 56.1 53.9
2022 55.3 54.4
2021 56.2 58.7
2020 52.9 57.2
2019 47.1 57.3
2018 45.1 58.5
2017 46.7 57.1
2016 56 57.5
2015 57.5 55.6
2014 55.9 54.3
2013 53.9 55.1
2012 53.9 56.3
2011 54.5 56.7
2010 51 56.8
2009 51.3 55.1
2008 51.2 55.1
2007 52.4 55.6
2006 53.2 48.7
2005 55.2 48.4
2004 55.6 49.2
2003 55.7 49.5
2002 57.8 50.9
2001 58.3 49.6
2000 55.1 53.1
1999 57.1 55.7
1998 55.9 52.3
1997 54.5 52.8
1996 - 47.4
1995 - 47.3

Data sources: The Heritage Foundation | Economic Freedom Index (1995–2026, retrieved 2026-07-08).

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

The Economic Freedom Index for Djibouti is 56.3, ranking 122/197, compared to 54.8 for Nigeria, ranking 132/197. The chart above displays a comparison of annual changes in economic freedom indexes.

Other economic metrics

Djibouti Nigeria
Services, % of GDP
75.7%
2025
58.2%
2025
Industry, % of GDP
16.6%
2025
16.4%
2025
Agriculture, forestry, and fishing, % of GDP
2.27%
2025
23%
2025
GNI, Atlas method
$4.69B
2025
$324B
2025
GNI per capita, PPP
$8,660
2025
$9,230
2025
Total reserves including gold
$656M
2025
$46B
2025
Total reserves ranking
149/177
2025
52/177
2025
Net foreign direct investment
-$67.8M
2024
-$2.82B
2025
Net inflows of foreign direct investment
$67.8M
2024
$1.61B
2024
Net outflows of foreign direct investment
$0
2024
$408M
2024
Servicing debt to the IMF, % of GNI
3.27%
2024
5.46%
2024
Poverty at national poverty lines
23%
2020
56.2%
2023
Gross capital formation, % of GDP
1.55%
2025
n/a

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/nigeria | CC BY

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Data sources:

  1. World Bank | Economy & Growth (1960–2025, retrieved 2026-07-08)
  2. International Monetary Fund (IMF) | Fiscal Monitor (1990–2025, retrieved 2026-07-08)
  3. The Heritage Foundation | Economic Freedom Index (1995–2026, retrieved 2026-07-08)
  4. U.S. Census Bureau (1985–2025, retrieved 2026-07-08)
  5. International Monetary Fund (IMF) | Public Finances in Modern History (1995–2008, retrieved 2026-07-08)
  6. TradeMap (2021–2024, retrieved 2026-07-08)
  7. United Nations | World Population Prospects (2026, retrieved 2026-07-08)
  8. LivingCost (2026, retrieved 2026-07-08)
  9. 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.