Djibouti GDP Annual Growth Rate
The Gross Domestic Product (GDP) in Djibouti expanded 5.50 percent in 2013 from the previous year. GDP Annual Growth Rate in Djibouti averaged 1.92 Percent from 1991 until 2013, reaching an all time high of 5.80 Percent in 2008 and a record low of -10.60 Percent in 1996. GDP Annual Growth Rate in Djibouti is reported by the Central Bank of Djibouti.
||1991 - 2013
Djibouti is one of the poorest countries in the world with 75 percent of population living below poverty line. Djibouti is located in one of the busiest maritime trade routes and has the status of free trade zone. As a result, Djibouti is highly dependent on tax revenues from in-transit trade flow. Also, since Djibouti has very few natural resources and virtually no industry, it depends on foreign assistance to finance development and current account deficits. However, Djibouti growth is expected to accelerate driven by increasing foreign direct investment in its port facilities. This page provides - Djibouti GDP Annual Growth Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news.