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Economy of Djibouti vs Oman compared: GDP & Debt

Updated on by Georank team

Djibouti has a GDP of $4.15B compared to $107B for Oman, ranking 165/197 and 70/197 by economy size, respectively.

Djibouti has $1.36B in government debt (32.9% of GDP), compared to $38B (35.5% of GDP) in Oman.

Djibouti vs Oman GDP by year

Djibouti
Oman
1x
Year GDP, current $
Djibouti Oman
2024 $4,152,145,940 $107,137,198,769
2023 $3,898,447,007 $106,174,708,037
2022 $3,562,814,909 $109,852,795,839
2021 $3,392,796,953 $87,323,797,139
2020 $3,144,136,197 $75,909,492,848
2019 $3,088,851,450 $88,060,858,257
2018 $2,913,464,658 $91,505,851,756
2017 $2,762,581,334 $80,856,697,009
2016 $2,604,955,229 $75,128,738,622
2015 $2,424,391,785 $78,710,793,238
2014 $2,220,637,966 $92,699,089,727
2013 $2,044,440,443 $89,936,020,806
2012 $1,353,632,942 $87,408,842,653
2011 $1,239,144,502 $77,497,529,259
2010 $1,128,611,700 $64,993,498,049
2009 $1,049,110,685 $55,454,096,229
2008 $999,105,339 $69,804,681,404
2007 $847,918,929 $48,300,390,117
2006 $768,873,684 $42,577,633,290
2005 $708,633,195 $35,506,892,068
2004 $666,072,102 $28,378,933,680
2003 $622,044,666 $24,733,680,104
2002 $591,122,040 $23,065,539,662
2001 $572,417,441 $22,205,721,717
2000 $551,230,862 $22,259,557,867
1999 $536,080,148 $17,832,769,831
1998 $514,267,869 $16,044,213,264
1997 $502,675,542 $18,039,791,938
1996 $494,004,648 $17,402,080,624
1995 $497,723,961 $15,722,236,671
1994 $491,689,221 $14,715,214,564
1993 $466,048,469 $14,230,429,129
1992 $478,058,305 $14,183,615,085
1991 $462,421,999 $12,918,335,501
1990 $452,328,087 $13,310,273,082
1989 $409,220,087 $9,372,171,651
1988 $395,794,539 $8,386,215,865
1987 $373,371,738 $7,811,183,095
1986 - $7,324,167,369
1985 $340,989,528 $10,005,645,420
1984 - $8,821,443,151
1983 - $7,932,541,691
1982 - $7,554,719,456
1981 - $7,259,120,151
1980 - $5,981,760,278
1979 - $3,733,352,635
1978 - $2,740,301,390
1977 - $2,741,169,948
1976 - $2,560,220,035
1975 - $2,096,699,189
1974 - $1,645,917,776
1973 - $483,066,991
1972 - $366,883,548
1971 - $301,010,587
1970 - $256,319,795
1969 - $239,999,808
1968 - $188,879,849
1967 - $107,151,832
1966 - $67,759,973
1965 - $63,279,975
1964 - $61,872,526
1963 - $59,912,763
1962 - $56,273,202
1961 - $45,634,487
1960 - $44,234,656

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

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

GDP per capita in Djibouti vs Oman by year

Djibouti
GDP per capita

GDP per capita, PPP
Oman
GDP per capita

GDP per capita, PPP
1x
Year Current $
Djibouti Oman
GDP per capita GDP per capita, PPP GDP per capita GDP per capita, PPP
2024 $3,553 $7,810 $20,285 $41,740
2023 $3,381 $7,226 $21,028 $41,945
2022 $3,133 $6,621 $23,224 $42,616
2021 $3,026 $5,960 $19,403 $38,719
2020 $2,845 $5,527 $16,785 $35,163
2019 $2,837 $5,398 $19,180 $37,251
2018 $2,718 $5,083 $19,902 $37,780
2017 $2,619 $4,677 $17,820 $33,619
2016 $2,510 $4,432 $17,110 $33,334
2015 $2,376 $4,264 $18,808 $36,058
2014 $2,215 $3,978 $23,161 $44,236
2013 $2,076 $3,762 $23,458 $47,013
2012 $1,400 - $24,642 $49,989
2011 $1,306 - $25,188 $52,393
2010 $1,213 - $23,570 $55,667
2009 $1,151 - $20,656 $55,127
2008 $1,119 - $26,577 $52,841
2007 $970 - $18,793 $48,627
2006 $898 - $16,931 $46,091
2005 $844 - $14,435 $43,673
2004 $806 - $11,801 $42,142
2003 $765 - $10,464 $40,935
2002 $743 - $9,869 $41,511
2001 $742 - $9,612 $41,679
2000 $738 - $9,754 $39,443
1999 $740 - $7,915 $36,792
1998 $735 - $7,219 $36,666
1997 $748 - $8,235 $36,809
1996 $762 - $8,068 $34,661
1995 $786 - $7,414 $33,598
1994 $785 - $7,068 $31,925
1993 $759 - $7,039 $30,987
1992 $764 - $7,318 $29,773
1991 $733 - $6,977 $28,109
1990 $780 - $7,546 $26,904
1989 $782 - $5,591 -
1988 $817 - $5,279 -
1987 $822 - $5,204 -
1986 - - $5,182 -
1985 $847 - $7,549 -
1984 - - $7,070 -
1983 - - $6,714 -
1982 - - $6,759 -
1981 - - $6,866 -
1980 - - $5,974 -
1979 - - $3,934 -
1978 - - $3,044 -
1977 - - $3,205 -
1976 - - $3,143 -
1975 - - $2,692 -
1974 - - $2,203 -
1973 - - $670 -
1972 - - $524 -
1971 - - $442 -
1970 - - $387 -
1969 - - $372 -
1968 - - $300 -
1967 - - $174.7 -
1966 - - $113.2 -
1965 - - $108.1 -
1964 - - $108.1 -
1963 - - $106.8 -
1962 - - $102.3 -
1961 - - $84.5 -
1960 - - $83.4 -

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

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

Djibouti's GDP per capita is $3,553, ranking 133/197, compared to $20,285 in Oman, ranking 57/197. Adjusted for purchasing power (GDP per capita PPP), Djibouti ranks 143rd at $7,810, while Oman ranks 55th at $41,740.

Economic indicators

Djibouti Oman
Gross domestic product
$4.15B
2024
$107B
2024
GDP rank
165/197
2024
70/197
2024
GDP growth
6.98%
2023-2024
1.63%
2023-2024
GDP per capita
$3,553
2024
$20,285
2024
GDP per capita rank
133/197
2024
57/197
2024
GDP per capita, PPP
$7,810
2024
$41,740
2024
GDP per capita PPP rank
143/197
2024
55/197
2024
Government debt
$1.36B
2024
$38B
2024
Debt-to-GDP ratio
32.9%
2024
35.5%
2024
Government debt per person
$1,167
2024
$7,204
2024
Government debt per person rank
137/185
2024
67/185
2024
Average annual personal income after taxes
$2,690
2026
$20,894
2026
Market capitalization of domestic companies n/a
$22.3B
2022
Number of billionaires n/a
2
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
28.7%
2024
Consumer prices inflation
2.1%
2023-2024
0.6%
2023-2024
Central bank interest rate n/a
4.5%
2025
Unemployment rate
40%
2017
3.3%
2024
Population
1203929
5761708

Spending and national debt comparison by year

Djibouti
Spending

Debt
Oman
Spending

Debt
1x
Year % of GDP
Djibouti Oman
Government spending Government debt Government spending Government debt
2024 20.6% 32.9% 28.7% 35.5%
2023 21.5% 35.4% 27.5% 37.5%
2022 21% 38.3% 30.9% 41.7%
2021 23.1% 40.3% 36.5% 61.9%
2020 25.8% 42.1% 44.5% 67.9%
2019 24.9% 41.1% 38.8% 52.5%
2018 25.9% 47.5% 38.3% 44.7%
2017 23.9% 48% 39.4% 40.1%
2016 25.9% 45.9% 44.6% 29.3%
2015 42% 40.3% 44.5% 13.9%
2014 29% 26.9% 41.4% 4.04%
2013 26.8% 24.6% 39.3% 4.66%
2012 26.5% 25% 38.6% 4.59%
2011 25.3% 25.7% 34.5% 4.44%
2010 26.6% 27.9% 30.6% 5.46%
2009 31% 29.5% 33.4% 5.8%
2008 28.8% 59.3% 25.6% 3.2%
2007 26.6% 56.6% 30.7% 4.44%
2006 23.8% 58.3% 30.1% 7.56%
2005 26.2% 60.3% 30.6% 8.39%
2004 26.7% 65.3% 34.1% 14.5%
2003 25.8% 66.3% 34% 13%
2002 23.4% 63.7% 34.1% 15.9%
2001 21% 58.1% 33.3% 22.5%
2000 23.2% 58.1% 31.2% 21.7%
1999 23.5% 58.5% 34.2% 28.9%
1998 24% 55.2% 36.1% 30.9%
1997 25% 56% 32.1% 20.8%
1996 23.7% 53.1% 33.5% 21.2%
1995 27% 50.9% 38.2% 21.9%
1994 30.9% - 39.7% 23.6%
1993 35.3% - 40.1% 22.2%
1992 34.9% - 40.1% 23.1%
1991 27.7% - 37.4% 22.6%
1990 30.2% - 36.5% 17.8%

Data sources: International Monetary Fund (IMF) | Fiscal Monitor (1990–2024, retrieved 2026-02-20); International Monetary Fund (IMF) | Public Finances in Modern History (1995–2008, retrieved 2026-02-20).

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

In 2024, Djibouti's government spending was $856M, accounting for 20.6% of its GDP, while Oman spent $30.7B, or 28.7% of GDP.

Debt-to-GDP ratio is 32.9% in Djibouti and 35.5% in Oman, ranking 149/185 and 145/185, respectively.

Government deficit by year

Deficit/surplus
Djibouti

Oman
1x
Year Deficit/surplus, % of GDP
Djibouti Oman
2024 -2.6% 3.31%
2023 -3.46% 6.87%
2022 -1.48% 10.5%
2021 -3.05% -3.17%
2020 -2.58% -15.7%
2019 -0.98% -4.83%
2018 -1.98% -6.72%
2017 -0.21% -10.5%
2016 -0.76% -19.6%
2015 -15.5% -13.5%
2014 -6.92% -1.58%
2013 -0.34% 2.78%
2012 -2.04% 4.07%
2011 -1.18% 8.24%
2010 -1.04% 4.95%
2009 -3.88% -0.27%
2008 0.62% 14.7%
2007 -1.88% 10.5%
2006 0.26% 12.2%
2005 -1.18% 11.2%
2004 -3.67% 5.43%
2003 -4.13% 5.92%
2002 -4.56% 5.31%
2001 -3.61% 7.55%
2000 -3.97% 12.2%
1999 -5.2% 0.3%
1998 -3.59% -4.37%
1997 -2.86% 4.77%
1996 -1.77% 2.22%
1995 -5.13% -3.9%
1994 -4.97% -7.47%
1993 -7.1% -6.84%
1992 -6.13% -4.85%
1991 -0.86% 0.12%
1990 -3.25% 4.78%

Data sources: International Monetary Fund (IMF) | Fiscal Monitor (1990–2024, retrieved 2026-02-20).

GeoRank.org/economy/djibouti/oman | 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 Oman's surplus of $3.54B, or 3.31% of GDP.

Over the past 35 years, Djibouti recorded a fiscal deficit in 33 of those years, while Oman ran a deficit in 14 years. On average, Djibouti posted an annual deficit equal to 3.17% of GDP, compared to surplus of 0.99% of GDP for Oman.

Inflation comparison by year

Inflation
Djibouti

Oman
1x
Year Consumer prices inflation
Djibouti Oman
2024 2.1% 0.6%
2023 1.4% 1%
2022 5.2% 2.5%
2021 1.2% 1.7%
2020 1.8% -0.4%
2019 3.3% 0.5%
2018 0.1% 0.7%
2017 0.6% 1.5%
2016 2.4% 0.9%
2015 -0.5% 0.1%
2014 1.3% 1.2%
2013 1.1% 1.3%
2012 4.2% 2.9%
2011 5.2% 4.1%
2010 2.5% 3.3%
2009 5.6% 3.5%
2008 8.7% 12.6%
2007 5.9% 5.9%
2006 3.5% 3.2%
2005 3.3% 1.9%
2004 2.4% 0.8%
2003 1.6% 0.2%
2002 1.4% -0.3%
2001 1.9% -0.8%
2000 1.2% -1.2%
1999 -0.4% 0.5%
1998 2.2% 0.4%
1997 2.5% -0.4%

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

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

Over the past 28 years, Djibouti has recorded an average annual inflation rate of 2.56%, compared with 1.72% in Oman. In 2024, inflation was 2.1% in Djibouti and 0.6% in Oman.

Top exports between countries

Djibouti
Export category Export value
Machinery & equipment $38.1M
Processed food, beverages & tobacco $4.03M
Chemicals & pharma $367K
Textiles & consumer goods $100K
Animal & marine products $14K
Raw materials & minerals $3K
Oman
Export category Export value
Machinery & equipment $24.6M
Chemicals & pharma $19.8M
Raw materials & minerals $18.1M
Animal & marine products $15.8M
Metals $13.2M
Processed food, beverages & tobacco $4.36M
Raw agricultural goods $1.13M
Textiles & consumer goods $249K
Wood & paper products $17K
Miscellaneous $2K

Balance of trade

Djibouti Oman
Current account balance
$610M
2024
$3.07B
2024
Current account balance ranking
59/190
2024
39/190
2024
Current account balance, % of GDP
+14.7%
2024
+2.86%
2024
Goods imports
$4.04B
2024
$39.5B
2024
Goods exports
$4.08B
2024
$65.2B
2024
Service imports
$730M
2024
$12.8B
2024
Service exports
$1.17B
2024
$5.64B
2024
Imports of goods and services, % of GDP
114.8%
2024
48.8%
2024
Exports of goods and services, % of GDP
126.4%
2024
66.1%
2024

Economic freedom indices

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

Djibouti Oman
Economic freedom 56.3 68.5
Economic freedom ranking 122/197 45/197
Property rights 30.4 71.8
Government integrity 27.9 49.4
Judicial effectiveness 28.6 28
Tax burden 83.5 97.6
Government spending 86.7 74.7
Fiscal health 87.7 97.5
Business freedom 52.9 67.8
Labor freedom 57.5 47.7
Monetary freedom 70.6 79.2
Trade freedom 49.8 78.4
Investment freedom 50 70
Financial freedom 50 60

Economic freedom comparison by year

Djibouti
Oman
1x
Year Economic freedom index
Djibouti Oman
2026 56.3 68.5
2025 55.7 65.4
2024 55.8 62.9
2023 56.1 58.5
2022 55.3 56.6
2021 56.2 64.6
2020 52.9 63.6
2019 47.1 61
2018 45.1 61
2017 46.7 62.1
2016 56 67.1
2015 57.5 66.7
2014 55.9 67.4
2013 53.9 68.1
2012 53.9 67.9
2011 54.5 69.8
2010 51 67.7
2009 51.3 67
2008 51.2 67.3
2007 52.4 65.8
2006 53.2 63.7
2005 55.2 66.5
2004 55.6 66.9
2003 55.7 64.6
2002 57.8 64
2001 58.3 67.7
2000 55.1 64.1
1999 57.1 64.9
1998 55.9 64.9
1997 54.5 64.5
1996 - 65.4
1995 - 70.2

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

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

The Economic Freedom Index for Djibouti is 56.3, ranking 122/197, compared to 68.5 for Oman, ranking 45/197. The chart above displays a comparison of annual changes in economic freedom indexes.

Other economic metrics

Djibouti Oman
Services, % of GDP
76.1%
2024
46%
2024
Industry, % of GDP
15.9%
2024
54.2%
2024
Agriculture, forestry, and fishing, % of GDP
2.51%
2024
2.6%
2024
GNI, Atlas method
$4.25B
2024
$103B
2024
GNI per capita, PPP
$8,030
2024
$39,340
2024
Total reserves including gold
$349M
2024
$18.3B
2024
Total reserves ranking
165/177
2024
64/177
2024
Net foreign direct investment
-$67.8M
2024
-$12.6B
2024
Net inflows of foreign direct investment
$67.8M
2024
$12.5B
2024
Net outflows of foreign direct investment
$0
2024
-$143M
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
24.8%
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/oman | CC BY

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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. The Heritage Foundation | Economic Freedom Index (1995–2026, retrieved 2026-03-09)
  4. U.S. Census Bureau (1985–2024, retrieved 2026-02-08)
  5. TradeMap (2022–2023, retrieved 2026-02-08)
  6. International Monetary Fund (IMF) | Public Finances in Modern History (1995–2008, retrieved 2026-02-20)
  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.