Djibouti vs North Macedonia: Economic Indicators Comparison

North Macedonia with a GDP of $12.7B ranked the 135th largest economy in the world, while Djibouti ranked 168th with $3B. By GDP 5-years average growth and GDP per capita, North Macedonia and Djibouti ranked 110th vs 19th and 100th vs 136th, respectively.

Gross Domestic Product & Income

StatDjiboutiNorth Macedonia
GDP$3B$12.7B
GDP growth, 1 year6.7%2.7%
GDP growth, 5-years average6.5%2.6%
Population957k2.1M
GDP per capita$3.1k$6.1k
GDP per capita growth3.83%2.62%
Purchasing Power Parity conversion factor9419.38
Price level ratio of PPP conversion factor GDP to market exchange rate0.530.37
GDP per capita, PPP adjusted$3.8k$16k
GNI, Atlas method$3.1B$11.4B
GNI per capita$3.2k$5.5k
GNI, PPP adjustedN/A$32.6B
GNI per capita, PPP adjustedN/A$16k

Financial system and Human development

StatDjiboutiNorth Macedonia
Income Tax Rate30%10%
Corporate Tax Rate25%10%
Inflation, consumer prices-0.1%1.5%
Inflation, GDP deflator1.3%4.3%
Unemployment11.1%21.6%
Economic Freedom Index52.969.5
Personal Freedom Index3.98.17
Human Freedom Index3.97.55
Property Rights Index58.862.5
Judical Effectiveness Index31.742.7
Business Freedom Index62.380.6
Fiscal Health Index10.987.7
Labor Freedom Index60.667
Investment Freedom Index8065
Financial Freedom Index5060
Trade Freedom Index49.886.2
Monetary Freedom Index76.577.7
Government Spending Index53.671
Tax Burden Index75.391.5
Government Integrity Index25.542.2
Corruption Perceptions Index3137
Life expectancy at birth, years65.975.6
Suicide mortality rate, per 100,000 people6.77.9
Mortality caused by road traffic injury, per 100,000 people24.76.4
Intentional homicides, per 100,000 people6.51.5
International tourism, number of arrivals63k707k

Government debt & reserves

StatDjiboutiNorth Macedonia
Central government debt, % of GDP67.4%39.5%
External debt stocks, % of GNI157.6%72%
External debt stocks$3.3B$8.7B
Short-term debt, % of total reserves53.7%40.9%
Total debt service, % of exports and primary income57.8%16.6%
Adjusted net savings including particulate emission damage, % of GNI-1.8%15.4%
Gross savings, % of GDP25.3%33%
Gross capital formation, % of GDP48.3%33%
Total reserves including gold$454.2M$3.3B
Foreign direct investment net inflows$265M$648.7M

Exports, imports and economic structure

StatDjiboutiNorth Macedonia
Exports of goods and services, % of GDP148.8%60.3%
Imports of goods and services, % of GDP178.9%72.9%
Current account balance (balance of payments)-$293.6M-$25.6M
Revenue excluding grants, % of GDPN/A26.8%
Grants excluding technical cooperation, BoP$120.4M$133.8M
Personal remittances received$59M$344.5M
Industry including construction value added, % of GDP12.4%23.6%
Agriculture, forestry and fishing value added, % of GDP1.4%7.2%
Charges for the use of intellectual property, payments BoPN/A$188.8M
Charges for the use of intellectual property, receipts BoPN/A$11.8M
Expense, % of GDPN/A27.9%
Government Expenditure, % of GDP39.3%31.1%

Compare with countries close by GDP per capita

Djibouti vs

CountryGDP
per capita
Population
El Salvador
$4.1k
6.42M
Indonesia
$3.9k
264M
Marshall Islands
$3.8k
53.1k
Tuvalu
$3.7k
11.2k
Cape Verde
$3.6k
546k
Bolivia
$3.5k
11.1M
Tunisia
$3.4k
11.6M
Angola
$3.4k
29.8M
Bhutan
$3.2k
808k
Morocco
$3.2k
36M
Moldova
$3.2k
2.55M
Palestine
$3.2k
4.68M
Vanuatu
$3.1k
276k
Philippines
$3.1k
105M
Ukraine
$3.1k
42.6M
Papua New Guinea
$2.7k
8.25M
Vietnam
$2.6k
94.7M
Egypt
$2.5k
94.8M
Laos
$2.5k
6.86M
Honduras
$2.5k
9.27M
Ghana
$2.2k
26.9M
Congo
$2.1k
5.26M
Zimbabwe
$2.1k
16.5M
Solomon Islands
$2.1k
611k
East Timor
$2k
1.3M
Syria
$2k
18.3M
Nicaragua
$2k
6.22M
Nigeria
$2k
191M
India
$2k
1.33B
Sao Tome and Principe
$2k
204k

North Macedonia vs

CountryGDP
per capita
Population
Dominican Republic
$8.1k
10.4M
Gabon
$8k
2.03M
Dominica
$7.7k
73.9k
Saint Vincent
$7.4k
110k
Thailand
$7.3k
65.9M
Serbia
$7.2k
7.02M
Libya
$7.2k
6.68M
Turkmenistan
$7k
5.85M
Peru
$6.9k
29.4M
Colombia
$6.7k
49.1M
South Africa
$6.4k
57.7M
Ecuador
$6.3k
16.6M
Belarus
$6.3k
9.41M
Fiji
$6.3k
906k
Suriname
$6.2k
563k
Bosnia and Herzegovina
$6.1k
3.51M
Namibia
$5.9k
2.53M
Iraq
$5.8k
38.3M
Paraguay
$5.8k
6.81M
Iran
$5.6k
80M
Jamaica
$5.4k
2.89M
Albania
$5.3k
3.02M
Guyana
$5k
778k
Belize
$4.9k
375k
Azerbaijan
$4.7k
10M
Georgia
$4.7k
3.72M
Guatemala
$4.5k
17.3M
Tonga
$4.4k
108k
Jordan
$4.2k
10.4M
Armenia
$4.2k
2.93M