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Economy of Djibouti vs Tuvalu compared: GDP & Debt

Updated on by Georank team

Djibouti has a GDP of $4.15B compared to $62.3M for Tuvalu, ranking 165/197 and 196/197 by economy size, respectively.

Djibouti has $1.36B in government debt (32.9% of GDP), compared to $4.15M (6.96% of GDP) in Tuvalu.

Djibouti vs Tuvalu GDP by year

Djibouti
Tuvalu
1x
Year GDP, current $
Djibouti Tuvalu
2024 $4,152,145,940 -
2023 $3,898,447,007 $62,280,312
2022 $3,562,814,909 $59,065,982
2021 $3,392,796,953 $60,196,406
2020 $3,144,136,197 $51,746,594
2019 $3,088,851,450 $54,123,199
2018 $2,913,464,658 $48,015,260
2017 $2,762,581,334 $45,276,595
2016 $2,604,955,229 $41,629,064
2015 $2,424,391,785 $36,811,936
2014 $2,220,637,966 $38,760,983
2013 $2,044,440,443 $38,615,891
2012 $1,353,632,942 $39,345,579
2011 $1,239,144,502 $39,196,957
2010 $1,128,611,700 $32,105,408
2009 $1,049,110,685 $28,076,984
2008 $999,105,339 $31,874,435
2007 $847,918,929 $28,450,169
2006 $768,873,684 $24,096,875
2005 $708,633,195 $22,909,980
2004 $666,072,102 $22,798,275
2003 $622,044,666 $19,456,338
2002 $591,122,040 $16,842,673
2001 $572,417,441 $13,964,732
2000 $551,230,862 $15,073,976
1999 $536,080,148 $14,800,503
1998 $514,267,869 $13,795,146
1997 $502,675,542 $13,734,210
1996 $494,004,648 $13,338,597
1995 $497,723,961 $11,922,614
1994 $491,689,221 $11,772,611
1993 $466,048,469 $10,414,400
1992 $478,058,305 $10,535,028
1991 $462,421,999 $10,127,314
1990 $452,328,087 $9,542,901
1989 $409,220,087 $8,454,523
1988 $395,794,539 $7,011,059
1987 $373,371,738 $5,020,513
1986 - $4,574,706
1985 $340,989,528 $3,862,852
1984 - $4,481,978
1983 - $4,152,550
1982 - $4,118,945
1981 - $4,773,018
1980 - $4,206,128
1979 - $4,065,659
1978 - $3,798,782
1977 - $3,669,420
1976 - $3,919,072
1975 - $4,014,748
1974 - $4,122,329
1973 - $3,411,915
1972 - $2,968,458
1971 - $2,716,990
1970 - $2,585,956

Data sources: World Bank | Economy & Growth (1970–2024, retrieved 2026-04-06).

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

GDP per capita in Djibouti vs Tuvalu by year

Djibouti
GDP per capita

GDP per capita, PPP
Tuvalu
GDP per capita

GDP per capita, PPP
1x
Year Current $
Djibouti Tuvalu
GDP per capita GDP per capita, PPP GDP per capita GDP per capita, PPP
2024 $3,553 $7,810 - -
2023 $3,381 $7,226 $6,345 $6,151
2022 $3,133 $6,621 $5,911 $5,661
2021 $3,026 $5,960 $5,905 $5,353
2020 $2,845 $5,527 $4,976 $5,122
2019 $2,837 $5,398 $5,115 $5,210
2018 $2,718 $5,083 $4,466 $4,432
2017 $2,619 $4,677 $4,166 $4,227
2016 $2,510 $4,432 $3,809 $4,031
2015 $2,376 $4,264 $3,358 $3,776
2014 $2,215 $3,978 $3,529 $3,419
2013 $2,076 $3,762 $3,510 $3,277
2012 $1,400 - $3,598 $3,170
2011 $1,306 - $3,636 $3,176
2010 $1,213 - $3,025 $2,945
2009 $1,151 - $2,684 $3,082
2008 $1,119 - $3,088 $3,291
2007 $970 - $2,794 $3,034
2006 $898 - $2,396 $2,787
2005 $844 - $2,305 $2,728
2004 $806 - $2,323 $2,765
2003 $765 - $2,007 $2,770
2002 $743 - $1,750 $2,915
2001 $742 - $1,457 $2,596
2000 $738 - $1,579 $2,597
1999 $740 - $1,559 $2,543
1998 $735 - $1,460 $2,560
1997 $748 - $1,461 $2,204
1996 $762 - $1,428 $1,982
1995 $786 - $1,285 $2,083
1994 $785 - $1,279 $2,165
1993 $759 - $1,141 $1,939
1992 $764 - $1,166 $1,837
1991 $733 - $1,134 $1,769
1990 $780 - $1,085 $1,676
1989 $782 - $976 -
1988 $817 - $823 -
1987 $822 - $600 -
1986 - - $557 -
1985 $847 - $480 -
1984 - - $567 -
1983 - - $533 -
1982 - - $537 -
1981 - - $634 -
1980 - - $571 -
1979 - - $566 -
1978 - - $546 -
1977 - - $549 -
1976 - - $612 -
1975 - - $656 -
1974 - - $708 -
1973 - - $601 -
1972 - - $522 -
1971 - - $478 -
1970 - - $457 -

Data sources: World Bank | Economy & Growth (1970–2024, retrieved 2026-04-06).

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

Djibouti's GDP per capita is $3,553, ranking 133/197, compared to $6,345 in Tuvalu, ranking 110/197. Adjusted for purchasing power (GDP per capita PPP), Djibouti ranks 143rd at $7,810, while Tuvalu ranks 152nd at $6,151.

Economic indicators

Djibouti Tuvalu
Gross domestic product
$4.15B
2024
$62.3M
2023
GDP rank
165/197
2024
196/197
2023
GDP growth
6.98%
2023-2024
3.85%
2022-2023
GDP per capita
$3,553
2024
$6,345
2023
GDP per capita rank
133/197
2024
110/197
2023
GDP per capita, PPP
$7,810
2024
$6,151
2023
GDP per capita PPP rank
143/197
2024
152/197
2023
Government debt
$1.36B
2024
$4.15M
2023
Debt-to-GDP ratio
32.9%
2024
6.96%
2024
Government debt per person
$1,167
2024
$423
2023
Government debt per person rank
137/185
2024
171/185
2023
Average annual personal income after taxes
$2,690
2026
$4,233
2026
Income share by richest 10%
32.3%
2017
30.8%
2010
Income share by poorest 10%
1.9%
2017
2.7%
2010
Government expenditure, % of GDP
20.6%
2024
118.4%
2024
Consumer prices inflation
2.1%
2023-2024
1.2%
2023-2024
Unemployment rate
40%
2017
7.32%
2022
Population
1203929
9341

Spending and national debt comparison by year

Djibouti
Spending

Debt
Tuvalu
Spending

Debt
1x
Year % of GDP
Djibouti Tuvalu
Government spending Government debt Government spending Government debt
2024 20.6% 32.9% 118.4% 6.96%
2023 21.5% 35.4% 138.8% 6.67%
2022 21% 38.3% 115.3% 6.33%
2021 23.1% 40.3% 113.8% 11.3%
2020 25.8% 42.1% 119.5% 12.1%
2019 24.9% 41.1% 113.6% 11.6%
2018 25.9% 47.5% 125.6% 11.8%
2017 23.9% 48% 106.4% 12%
2016 25.9% 45.9% 119.6% 11.5%
2015 42% 40.3% 116.9% 14.4%
2014 29% 26.9% 96.8% 16.4%
2013 26.8% 24.6% 80.2% 17.8%
2012 26.5% 25% 76.8% 19.3%
2011 25.3% 25.7% 77.2% 19.1%
2010 26.6% 27.9% 93.9% 21.1%
2009 31% 29.5% 100% 20.6%
2008 28.8% 59.3% 85.8% 19.8%
2007 26.6% 56.6% 88.6% 32.4%
2006 23.8% 58.3% 98.5% 37.5%
2005 26.2% 60.3% 82.1% 37.4%
2004 26.7% 65.3% 74.1% -
2003 25.8% 66.3% - -
2002 23.4% 63.7% - -
2001 21% 58.1% - -
2000 23.2% 58.1% - -
1999 23.5% 58.5% - -
1998 24% 55.2% - -
1997 25% 56% - -
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/tuvalu | CC BY

In 2024, Djibouti's government spending was $856M, accounting for 20.6% of its GDP, while Tuvalu spent $86.4M, or 118.4% of GDP.

Debt-to-GDP ratio is 32.9% in Djibouti and 6.96% in Tuvalu, ranking 149/185 and 182/185, respectively.

Government deficit by year

Deficit/surplus
Djibouti

Tuvalu
1x
Year Deficit/surplus, % of GDP
Djibouti Tuvalu
2024 -2.6% -8.23%
2023 -3.46% 15.3%
2022 -1.48% -14.6%
2021 -3.05% -13.3%
2020 -2.58% 13.7%
2019 -0.98% -1.07%
2018 -1.98% 30.3%
2017 -0.21% 2.09%
2016 -0.76% 27.5%
2015 -15.5% 14.7%
2014 -6.92% 3.26%
2013 -0.34% 26%
2012 -2.04% 9.58%
2011 -1.18% -8.8%
2010 -1.04% -23.4%
2009 -3.88% -13.5%
2008 0.62% -17.2%
2007 -1.88% -18.6%
2006 0.26% -36.8%
2005 -1.18% -12.8%
2004 -3.67% -3.6%
2003 -4.13% -
2002 -4.56% -
2001 -3.61% -
2000 -3.97% -
1999 -5.2% -
1998 -3.59% -
1997 -2.86% -
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/tuvalu | CC BY

In 2023, Djibouti's government deficit, the difference between spending and revenue, was $135M, equivalent to 3.46% of GDP. This compares to Tuvalu's surplus of $9.55M, or 15.3% of GDP.

Over the past 20 years, Djibouti recorded a fiscal deficit in 18 of those years, while Tuvalu ran a deficit in 11 years. On average, Djibouti posted an annual deficit equal to 2.57% of GDP, compared to deficit of 1.06% of GDP for Tuvalu.

Inflation comparison by year

Inflation
Djibouti

Tuvalu
1x
Year Consumer prices inflation
Djibouti Tuvalu
2024 2.1% 1.2%
2023 1.4% 7.2%
2022 5.2% 12.2%
2021 1.2% 6.7%
2020 1.8% 1.6%
2019 3.3% 3.5%
2018 0.1% 2.2%
2017 0.6% 4.1%
2016 2.4% 3.5%
2015 -0.5% 3.1%
2014 1.3% 1.1%
2013 1.1% 2%
2012 4.2% 1.4%
2011 5.2% 0.5%
2010 2.5% -1.9%
2009 5.6% -0.3%
2008 8.7% 10.4%
2007 5.9% 2.3%
2006 3.5% 4.2%
2005 3.3% 3.2%
2004 2.4% 2.4%
2003 1.6% 2.9%
2002 1.4% 5.1%
2001 1.9% 1.5%
2000 1.2% -
1999 -0.4% -
1998 2.2% -
1997 2.5% -

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

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

Over the past 24 years, Djibouti has recorded an average annual inflation rate of 2.76%, compared with 3.34% in Tuvalu. In 2024, inflation was 2.1% in Djibouti and 1.2% in Tuvalu.

Balance of trade

Djibouti Tuvalu
Current account balance
$610M
2024
$2.71M
2022
Current account balance ranking
59/190
2024
77/190
2022
Current account balance, % of GDP
+14.7%
2024
+4.59%
2022
Goods imports
$4.04B
2024
$24.2M
2022
Goods exports
$4.08B
2024
$184K
2022
Service imports
$730M
2024
$33.1M
2022
Service exports
$1.17B
2024
$2.05M
2022
Imports of goods and services, % of GDP
114.8%
2024
n/a
Exports of goods and services, % of GDP
126.4%
2024
8.22%
2025

Economic freedom indices

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

Djibouti Tuvalu
Economic freedom 56.3 60
Economic freedom ranking 122/197 99/197
Property rights 30.4 n/a
Government integrity 27.9 n/a
Judicial effectiveness 28.6 n/a
Tax burden 83.5 n/a
Government spending 86.7 n/a
Fiscal health 87.7 n/a
Business freedom 52.9 n/a
Labor freedom 57.5 n/a
Monetary freedom 70.6 n/a
Trade freedom 49.8 n/a
Investment freedom 50 n/a
Financial freedom 50 n/a

Other economic metrics

Djibouti Tuvalu
Services, % of GDP
76.1%
2024
n/a
Industry, % of GDP
15.9%
2024
7.02%
2015
Agriculture, forestry, and fishing, % of GDP
2.51%
2024
15.9%
2015
GNI, Atlas method
$4.25B
2024
$86M
2023
GNI per capita, PPP
$8,030
2024
$8,320
2023
Total reserves including gold
$349M
2024
n/a
Total reserves ranking
165/177
2024
n/a
Net foreign direct investment
-$67.8M
2024
$0
2022
Net inflows of foreign direct investment
$67.8M
2024
$258K
2024
Net outflows of foreign direct investment
$0
2024
$0
2024
Servicing debt to the IMF, % of GNI
3.27%
2024
n/a
Poverty at national poverty lines
23%
2020
26.3%
2020
Gross capital formation, % of GDP
0.25%
2024
n/a

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/tuvalu | CC BY

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Data sources:

  1. World Bank | Economy & Growth (1970–2024, retrieved 2026-04-06)
  2. International Monetary Fund (IMF) | Fiscal Monitor (1990–2024, retrieved 2026-02-20)
  3. U.S. Census Bureau (1985–2024, retrieved 2026-02-08)
  4. International Monetary Fund (IMF) | Public Finances in Modern History (1995–2008, retrieved 2026-02-20)
  5. The Heritage Foundation | Economic Freedom Index (2026, retrieved 2026-03-09)
  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)

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.