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Economy of Djibouti vs Turkmenistan compared: GDP & Debt

Updated on by Georank team

Djibouti has a GDP of $4.15B compared to $51.4B for Turkmenistan, ranking 165/197 and 92/197 by economy size, respectively.

Djibouti has $1.36B in government debt (32.9% of GDP), compared to $2.11B (4.11% of GDP) in Turkmenistan.

Djibouti vs Turkmenistan GDP by year

Djibouti
Turkmenistan
1x
Year GDP, current $
Djibouti Turkmenistan
2024 $4,152,145,940 $51,387,209,872
2023 $3,898,447,007 $45,894,538,666
2022 $3,562,814,909 $42,208,726,138
2021 $3,392,796,953 $40,589,905,812
2020 $3,144,136,197 $41,509,903,182
2019 $3,088,851,450 $40,810,067,975
2018 $2,913,464,658 $40,765,428,571
2017 $2,762,581,334 $37,926,285,714
2016 $2,604,955,229 $36,169,428,571
2015 $2,424,391,785 $35,799,714,286
2014 $2,220,637,966 $43,524,210,526
2013 $2,044,440,443 $39,197,543,860
2012 $1,353,632,942 $35,164,210,526
2011 $1,239,144,502 $29,233,333,333
2010 $1,128,611,700 $22,583,157,895
2009 $1,049,110,685 $20,214,385,965
2008 $999,105,339 $19,271,523,179
2007 $847,918,929 $12,664,165,103
2006 $768,873,684 $10,276,674,365
2005 $708,633,195 $8,103,901,996
2004 $666,072,102 $6,838,351,088
2003 $622,044,666 $5,977,440,583
2002 $591,122,040 $4,462,029,109
2001 $572,417,441 $3,534,772,732
2000 $551,230,862 $2,904,663,311
1999 $536,080,148 $2,450,564,100
1998 $514,267,869 $2,605,689,134
1997 $502,675,542 $2,450,350,625
1996 $494,004,648 $2,378,759,975
1995 $497,723,961 $2,482,228,440
1994 $491,689,221 $2,561,118,608
1993 $466,048,469 $3,179,225,949
1992 $478,058,305 $3,200,539,816
1991 $462,421,999 $3,208,098,919
1990 $452,328,087 $3,189,539,641
1989 $409,220,087 $3,006,988,217
1988 $395,794,539 $3,010,982,414
1987 $373,371,738 $2,331,358,820
1986 - -
1985 $340,989,528 -

Data sources: World Bank | Economy & Growth (1985–2024, retrieved 2026-04-06).

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

GDP per capita in Djibouti vs Turkmenistan by year

Djibouti
GDP per capita

GDP per capita, PPP
Turkmenistan
GDP per capita

GDP per capita, PPP
1x
Year Current $
Djibouti Turkmenistan
GDP per capita GDP per capita, PPP GDP per capita GDP per capita, PPP
2024 $3,553 $7,810 $6,857 $21,213
2023 $3,381 $7,226 $6,232 $19,829
2022 $3,133 $6,621 $5,838 $18,340
2021 $3,026 $5,960 $5,723 $16,434
2020 $2,845 $5,527 $5,973 $15,091
2019 $2,837 $5,398 $5,998 $15,478
2018 $2,718 $5,083 $6,125 $14,368
2017 $2,619 $4,677 $5,828 $13,278
2016 $2,510 $4,432 $5,687 $12,919
2015 $2,376 $4,264 $5,759 $12,715
2014 $2,215 $3,978 $7,164 $12,477
2013 $2,076 $3,762 $6,600 $11,723
2012 $1,400 - $6,054 $11,035
2011 $1,306 - $5,144 $10,283
2010 $1,213 - $4,059 $8,972
2009 $1,151 - $3,708 $8,285
2008 $1,119 - $3,606 $7,916
2007 $970 - $2,415 $6,901
2006 $898 - $1,997 $6,164
2005 $844 - $1,604 $5,489
2004 $806 - $1,379 $4,798
2003 $765 - $1,229 $4,536
2002 $743 - $936 $4,393
2001 $742 - $756 $4,401
2000 $738 - $634 $4,209
1999 $740 - $546 $3,981
1998 $735 - $591 $3,432
1997 $748 - $565 $3,222
1996 $762 - $558 $3,636
1995 $786 - $592 $3,405
1994 $785 - $622 $3,659
1993 $759 - $788 $4,422
1992 $764 - $811 $4,351
1991 $733 - $832 $5,117
1990 $780 - $848 $5,321
1989 $782 - $821 -
1988 $817 - $846 -
1987 $822 - $675 -
1986 - - - -
1985 $847 - - -

Data sources: World Bank | Economy & Growth (1985–2024, retrieved 2026-04-06).

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

Djibouti's GDP per capita is $3,553, ranking 133/197, compared to $6,857 in Turkmenistan, ranking 104/197. Adjusted for purchasing power (GDP per capita PPP), Djibouti ranks 143rd at $7,810, while Turkmenistan ranks 94th at $21,213.

Economic indicators

Djibouti Turkmenistan
Gross domestic product
$4.15B
2024
$51.4B
2024
GDP rank
165/197
2024
92/197
2024
GDP growth
6.98%
2023-2024
6.3%
2023-2024
GDP per capita
$3,553
2024
$6,857
2024
GDP per capita rank
133/197
2024
104/197
2024
GDP per capita, PPP
$7,810
2024
$21,213
2024
GDP per capita PPP rank
143/197
2024
94/197
2024
Government debt
$1.36B
2024
$2.11B
2024
Debt-to-GDP ratio
32.9%
2024
4.11%
2024
Government debt per person
$1,167
2024
$282
2024
Government debt per person rank
137/185
2024
179/185
2024
Average annual personal income after taxes
$2,690
2026
$7,520
2026
Income share by richest 10%
32.3%
2017
31.5%
1998
Income share by poorest 10%
1.9%
2017
2.4%
1998
Government expenditure, % of GDP
20.6%
2024
14.5%
2024
Consumer prices inflation
2.1%
2023-2024
4.6%
2023-2024
Unemployment rate
40%
2017
4%
2010
Population
1203929
7776557

Spending and national debt comparison by year

Djibouti
Spending

Debt
Turkmenistan
Spending

Debt
1x
Year % of GDP
Djibouti Turkmenistan
Government spending Government debt Government spending Government debt
2024 20.6% 32.9% 14.5% 4.11%
2023 21.5% 35.4% 13.7% 5.46%
2022 21% 38.3% 13% 7.14%
2021 23.1% 40.3% 13.4% 12.3%
2020 25.8% 42.1% 13.5% 15.4%
2019 24.9% 41.1% 13.6% 17.7%
2018 25.9% 47.5% 13.7% 22.5%
2017 23.9% 48% 17.8% 24.7%
2016 25.9% 45.9% 14.1% 21.1%
2015 42% 40.3% 17.3% 19%
2014 29% 26.9% 17% 16%
2013 26.8% 24.6% 16.9% 20.4%
2012 26.5% 25% 14.7% 17.9%
2011 25.3% 25.7% 15.4% 14.8%
2010 26.6% 27.9% 14.6% 7.04%
2009 31% 29.5% 14.4% 3.09%
2008 28.8% 59.3% 11.7% 3.56%
2007 26.6% 56.6% 14.4% 3.06%
2006 23.8% 58.3% 16% 4.23%
2005 26.2% 60.3% 21.1% 6.82%
2004 26.7% 65.3% 20.3% 11.4%
2003 25.8% 66.3% 20.8% 16.9%
2002 23.4% 63.7% 19.4% 24.2%
2001 21% 58.1% 22.6% 34.1%
2000 23.2% 58.1% 25.9% 55.1%
1999 23.5% 58.5% 20.8% 66.7%
1998 24% 55.2% 26.1% 81.6%
1997 25% 56% 26.9% 64.2%
1996 23.7% 53.1% - -
1995 27% 50.9% - -
1994 30.9% - - -
1993 35.3% - - -
1992 34.9% - - -
1991 27.7% - - -
1990 30.2% - - -

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/turkmenistan | CC BY

In 2024, Djibouti's government spending was $856M, accounting for 20.6% of its GDP, while Turkmenistan spent $7.46B, or 14.5% of GDP.

Debt-to-GDP ratio is 32.9% in Djibouti and 4.11% in Turkmenistan, ranking 149/185 and 183/185, respectively.

Government deficit by year

Deficit/surplus
Djibouti

Turkmenistan
1x
Year Deficit/surplus, % of GDP
Djibouti Turkmenistan
2024 -2.6% -0.08%
2023 -3.46% 0.11%
2022 -1.48% 3.38%
2021 -3.05% 0.57%
2020 -2.58% -0.16%
2019 -0.98% -0.4%
2018 -1.98% -0.22%
2017 -0.21% -2.84%
2016 -0.76% -2.38%
2015 -15.5% -0.7%
2014 -6.92% 0.89%
2013 -0.34% 1.53%
2012 -2.04% 7.53%
2011 -1.18% 3.84%
2010 -1.04% 2.13%
2009 -3.88% 7.53%
2008 0.62% 10.7%
2007 -1.88% 4.19%
2006 0.26% 5.64%
2005 -1.18% 0.86%
2004 -3.67% 1.47%
2003 -4.13% 3.99%
2002 -4.56% 0.19%
2001 -3.61% 0.77%
2000 -3.97% -0.55%
1999 -5.2% 2.48%
1998 -3.59% 1.15%
1997 -2.86% -0.2%
1996 -1.77% -
1995 -5.13% -
1994 -4.97% -
1993 -7.1% -
1992 -6.13% -
1991 -0.86% -
1990 -3.25% -

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

GeoRank.org/economy/djibouti/turkmenistan | 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 Turkmenistan's deficit of $42.9M, or 0.08% of GDP.

Over the past 28 years, Djibouti recorded a fiscal deficit in 26 of those years, while Turkmenistan ran a deficit in 9 years. On average, Djibouti posted an annual deficit equal to 2.92% of GDP, compared to surplus of 1.84% of GDP for Turkmenistan.

Inflation comparison by year

Inflation
Djibouti

Turkmenistan
1x
Year Consumer prices inflation
Djibouti Turkmenistan
2024 2.1% 4.6%
2023 1.4% -1.6%
2022 5.2% 11.2%
2021 1.2% 19.5%
2020 1.8% 6.1%
2019 3.3% 5.1%
2018 0.1% 13.3%
2017 0.6% 8%
2016 2.4% 3.6%
2015 -0.5% 7.4%
2014 1.3% 6%
2013 1.1% 6.8%
2012 4.2% 5.3%
2011 5.2% 5.3%
2010 2.5% 4.4%
2009 5.6% -2.7%
2008 8.7% 14.5%
2007 5.9% 6.3%
2006 3.5% 8.2%
2005 3.3% 10.7%
2004 2.4% 5.9%
2003 1.6% 5.6%
2002 1.4% 8.8%
2001 1.9% 11.6%
2000 1.2% 8%
1999 -0.4% 23.5%
1998 2.2% 16.8%
1997 2.5% 83.7%

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

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

Over the past 28 years, Djibouti has recorded an average annual inflation rate of 2.56%, compared with 10.9% in Turkmenistan. In 2024, inflation was 2.1% in Djibouti and 4.6% in Turkmenistan.

Top exports between countries

Djibouti
Export category Export value
Turkmenistan
Export category Export value
Machinery & equipment $1K

Balance of trade

Djibouti Turkmenistan
Current account balance
$610M
2024
n/a
Current account balance ranking
59/190
2024
n/a
Current account balance, % of GDP
+14.7%
2024
n/a
Goods imports
$4.04B
2024
n/a
Goods exports
$4.08B
2024
n/a
Service imports
$730M
2024
n/a
Service exports
$1.17B
2024
n/a
Imports of goods and services, % of GDP
114.8%
2024
11.2%
2024
Exports of goods and services, % of GDP
126.4%
2024
17.6%
2024

Economic freedom indices

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

Djibouti Turkmenistan
Economic freedom 56.3 47
Economic freedom ranking 122/197 177/197
Property rights 30.4 17.4
Government integrity 27.9 8.4
Judicial effectiveness 28.6 12.3
Tax burden 83.5 94.2
Government spending 86.7 94.3
Fiscal health 87.7 99.9
Business freedom 52.9 37.5
Labor freedom 57.5 29.3
Monetary freedom 70.6 76.7
Trade freedom 49.8 74.2
Investment freedom 50 10
Financial freedom 50 10

Economic freedom comparison by year

Djibouti
Turkmenistan
1x
Year Economic freedom index
Djibouti Turkmenistan
2026 56.3 47
2025 55.7 47.1
2024 55.8 46.3
2023 56.1 46.5
2022 55.3 46.2
2021 56.2 47.4
2020 52.9 46.5
2019 47.1 48.4
2018 45.1 47.1
2017 46.7 47.4
2016 56 41.9
2015 57.5 41.4
2014 55.9 42.2
2013 53.9 42.6
2012 53.9 43.8
2011 54.5 43.6
2010 51 42.5
2009 51.3 44.2
2008 51.2 43.4
2007 52.4 43
2006 53.2 43.8
2005 55.2 47.6
2004 55.6 50.7
2003 55.7 51.3
2002 57.8 43.2
2001 58.3 41.8
2000 55.1 37.6
1999 57.1 36.1
1998 55.9 35
1997 54.5 -

Data sources: The Heritage Foundation | Economic Freedom Index (1997–2026, retrieved 2026-03-09).

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

The Economic Freedom Index for Djibouti is 56.3, ranking 122/197, compared to 47 for Turkmenistan, ranking 177/197. The chart above displays a comparison of annual changes in economic freedom indexes.

Other economic metrics

Djibouti Turkmenistan
Services, % of GDP
76.1%
2024
50.4%
2024
Industry, % of GDP
15.9%
2024
37.5%
2024
Agriculture, forestry, and fishing, % of GDP
2.51%
2024
12.2%
2024
GNI, Atlas method
$4.25B
2024
$48.8B
2024
GNI per capita, PPP
$8,030
2024
$21,020
2024
Total reserves including gold
$349M
2024
$1.51B
1999
Total reserves ranking
165/177
2024
135/177
1999
Net foreign direct investment
-$67.8M
2024
n/a
Net inflows of foreign direct investment
$67.8M
2024
$1.64B
2024
Net outflows of foreign direct investment
$0
2024
$0
2024
Servicing debt to the IMF, % of GNI
3.27%
2024
1.91%
2024
Poverty at national poverty lines
23%
2020
0.2%
2020
Gross capital formation, % of GDP
0.25%
2024
47.2%
2012

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/turkmenistan | CC BY

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Data sources:

  1. World Bank | Economy & Growth (1985–2024, retrieved 2026-04-06)
  2. International Monetary Fund (IMF) | Fiscal Monitor (1990–2024, retrieved 2026-02-20)
  3. The Heritage Foundation | Economic Freedom Index (1997–2026, retrieved 2026-03-09)
  4. U.S. Census Bureau (1985–2024, retrieved 2026-02-08)
  5. International Monetary Fund (IMF) | Public Finances in Modern History (1995–2008, retrieved 2026-02-20)
  6. Central Intelligence Agency (CIA) (2017–2020, retrieved 2026-02-20)
  7. United Nations | World Population Prospects (2026, retrieved 2026-03-10)
  8. LivingCost (2026, retrieved 2025-10-14)
  9. TradeMap (2023, retrieved 2026-02-08)

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.