Djibouti vs Norway: Economic Indicators Comparison

Norway with a GDP of $434.2B ranked the 30th largest economy in the world, while Djibouti ranked 168th with $3B. By GDP 5-years average growth and GDP per capita, Norway and Djibouti ranked 142nd vs 19th and 5th vs 136th, respectively.

Gross Domestic Product & Income

StatDjiboutiNorway
GDP$3B$434.2B
GDP growth, 1 year6.7%1.4%
GDP growth, 5-years average6.5%1.7%
Population957k5.4M
GDP per capita$3.1k$82k
GDP per capita growth3.83%0.58%
Purchasing Power Parity conversion factor9410.14
Price level ratio of PPP conversion factor GDP to market exchange rate0.531.25
GDP per capita, PPP adjusted$3.8k$74k
GNI, Atlas method$3.1B$428.4B
GNI per capita$3.2k$81k
GNI, PPP adjustedN/A$363B
GNI per capita, PPP adjustedN/A$68k

Financial system and Human development

StatDjiboutiNorway
Income Tax Rate30%47.8%
Corporate Tax Rate25%22%
Inflation, consumer prices-0.1%2.8%
Inflation, GDP deflator1.3%5.8%
Unemployment11.1%3.9%
Economic Freedom Index52.973.4
Personal Freedom Index3.99.55
Human Freedom Index3.98.61
Property Rights Index58.884.3
Judical Effectiveness Index31.782.8
Business Freedom Index62.386.1
Fiscal Health Index10.997.3
Labor Freedom Index60.657.4
Investment Freedom Index8075
Financial Freedom Index5060
Trade Freedom Index49.883.8
Monetary Freedom Index76.574.8
Government Spending Index53.625.6
Tax Burden Index75.357.7
Government Integrity Index25.595.6
Corruption Perceptions Index3184
Life expectancy at birth, years65.982.5
Suicide mortality rate, per 100,000 people6.712.2
Mortality caused by road traffic injury, per 100,000 people24.72.7
Intentional homicides, per 100,000 people6.50.5
International tourism, number of arrivals63k5.7M

Government debt & reserves

StatDjiboutiNorway
Central government debt, % of GDP67.4%36.8%
External debt stocks, % of GNI157.6%N/A
External debt stocks$3.3BN/A
Short-term debt, % of total reserves53.7%N/A
Total debt service, % of exports and primary income57.8%N/A
Adjusted net savings including particulate emission damage, % of GNI-1.8%16.9%
Gross savings, % of GDP25.3%35.9%
Gross capital formation, % of GDP48.3%27.3%
Total reserves including gold$454.2M$63.1B
Foreign direct investment net inflows$265M-$17.4B

Exports, imports and economic structure

StatDjiboutiNorway
Exports of goods and services, % of GDP148.8%38.4%
Imports of goods and services, % of GDP178.9%32.6%
Current account balance (balance of payments)-$293.6M$31.4B
Revenue excluding grants, % of GDPN/A47.4%
Grants excluding technical cooperation, BoP$120.4MN/A
Personal remittances received$59M$644.3M
Industry including construction value added, % of GDP12.4%32%
Agriculture, forestry and fishing value added, % of GDP1.4%1.9%
Charges for the use of intellectual property, payments BoPN/A$768.9M
Charges for the use of intellectual property, receipts BoPN/A$515.2M
Expense, % of GDPN/A37.7%
Government Expenditure, % of GDP39.3%49.8%

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

Norway vs

CountryGDP
per capita
Population
Monaco
$186k
38.7k
Liechtenstein
$165k
37.9k
Luxembourg
$117k
626k
Switzerland
$83k
8.47M
Cayman Islands
$81k
58.4k
Ireland
$79k
4.76M
Iceland
$73k
357k
Qatar
$69k
2.64M
Singapore
$65k
5.89M
United States
$63k
325M
Denmark
$61k
5.83M
Australia
$57k
24.5M
Sweden
$55k
10.3M
Netherlands
$53k
17.3M
Austria
$51k
8.81M
Finland
$50k
5.5M
San Marino
$48k
33.4k
Germany
$48k
83.1M
Belgium
$48k
11.4M
Canada
$46k
37.9M
United Arab Emirates
$43k
9.4M
United Kingdom
$43k
66M
Andorra
$42k
76.2k
New Zealand
$42k
4.94M
Israel
$42k
9.09M
France
$41k
66.6M
Japan
$39k
127M
Italy
$34k
60.3M
Kuwait
$34k
4.6M
Bahamas
$32k
395k