djibouti

World Bank Prepares Djibouti’s Geothermal Project for Private Sector Expertise

Developing countries that are interested in geothermal energy may see transformational results by approaching World Bank and other institutions, as Djibouti did. In an interview, the World Bank Djibouti geothermal project team talks about the project investment, lessons from Kenya’s experience, and preparations that are being made for the private sector to take up the next steps.




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Timeline: Djibouti

A chronology of key events




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Country profile: Djibouti

Key facts, figures and dates




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CBD Press Release: Djibouti becomes sixty-fifth signatory of the Nagoya Protocol on genetic resources.




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CBD News: Statement by Mr. Braulio Ferreira de Souza Dias, CBD Executive Secretary, on the occasion of the Regional Capacity-Building Workshop on the Nagoya Protocol on Acess and Benefit-Sharing for Middle East Region and Djibouti, Libya, Mauritania, Amma




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Somalia, Djibouti cases soar as porous borders become new threat

Both countries have a common language and common cultural practices with neighbours Kenya and Ethiopia.




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Somalia, Djibouti Cases Soar As Porous Borders Become New Threat

[East African] Somalia and Djibouti's covid-19 cases could become the new worry for regional neighbours already fighting their local battles against the scary virus disease.




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Africa in the News: John Kerry’s upcoming visit to Kenya and Djibouti, protests against Burundian President Nkurunziza’s bid for a third term, and Chinese investments in African infrastructure


John Kerry to travel to Kenya and Djibouti next week

Exactly one year after U.S. Secretary of State John Kerry’s last multi-country tour of sub-Saharan Africa, he is preparing for another visit to the continent—to Kenya and Djibouti from May 3 to 5, 2015. In Kenya, Kerry and a U.S. delegation including Linda Thomas-Greenfield, assistant secretary of state for African affairs, will engage in talks with senior Kenyan officials on U.S.-Kenya security cooperation, which the U.S. formalized through its Security Governance Initiative (SGI) at the U.S.-Africa Leaders Summit last August. Over the past several years, the U.S. has increased its military assistance to Kenya and African Union (AU) troops to combat the Somali extremist group al-Shabab and has conducted targeted drone strikes against the group’s top leaders.  In the wake of the attack on Kenya’s Garissa University by al-Shabab, President Obama pledged U.S. support for Kenya, and Foreign Minister Amina Mohamed has stated that Kenya is currently seeking additional assistance from the U.S. to strengthen its military and intelligence capabilities.

Kerry will also meet with a wide array of leaders from Kenya’s private sector, civil society, humanitarian organizations, and political opposition regarding the two countries’ “common goals, including accelerating economic growth, strengthening democratic institutions, and improving regional security,” according to a U.S. State Department spokesperson. These meetings are expected to build the foundation for President Obama’s trip to Kenya for the Global Entrepreneurship Summit in July of this year.

On Tuesday, May 5, Kerry will become the first sitting secretary of state to travel to Djibouti. There, he will meet with government officials regarding the evacuation of civilians from Yemen and also visit Camp Lemonnier, the U.S. military base from which it coordinates its counterterror operations in the Horn of Africa region.

Protests erupt as Burundian president seeks third term

This week saw the proliferation of anti-government street demonstrations as current President Pierre Nkurunziza declared his candidacy for a third term, after being in office for ten years.  The opposition has deemed this move as “unconstitutional” and in violation of the 2006 Arusha peace deal which ended the civil war. Since the announcement, hundreds of civilians took to the streets of Bujumbura, despite a strong military presence. At least six people have been killed in clashes between police forces and civilians. 

Since the protests erupted, leading human rights activist Pierre-Claver Mbonimpa has been arrested alongside more than 200 protesters. One of Burundi’s main independent radio stations was also suspended as they were covering the protests.  On Wednesday, the government blocked social media platforms, including Twitter and Facebook, declaring them important tools in implementing and organizing protests. Thursday, amid continuing political protests, Burundi closed its national university and students were sent home. 

Amid the recent protests, Burundi’s constitutional court will examine the president’s third term bid. Meanwhile, U.N. secretary general Ban Ki-moon has sent his special envoy for the Great Lakes Region to hold a dialogue with president Nkurunziza and other government authorities. Senior U.S. diplomat Tom Malinowski also arrived in Bujumbura on Thursday to help defuse the biggest crisis the country has seen in the last few years, expressing disappointment over Nkurunziza’s decision to run for a third term.

China invests billions in African infrastructure

Since the early 2000s, China has become an increasingly significant source of financing for African infrastructure projects, as noted in a recent Brookings paper, “Financing African infrastructure: Can the world deliver?” This week, observers have seen an additional spike in African infrastructure investments from Chinese firms, as three major railway, real estate, and other infrastructure deals were struck on the continent, totaling nearly $7.5 billion in investments.

On Monday, April 27, the state-owned China Railway Construction Corp announced that it will construct a $3.5 billion railway line in Nigeria, as well as a $1.9 billion real estate project in Zimbabwe. Then on Wednesday, the Industrial and Commercial Bank of China (one of the country’s largest lenders) signed a $2 billion deal with the government of Equatorial Guinea in order to carry out a number of infrastructure projects throughout the country. These deals align with China’s “One Belt, One Road” strategy of building infrastructure in Africa and throughout the developing world in order to further integrate their economies, stimulate economic growth, and ultimately increase demand for Chinese exports. For more insight into China’s infrastructure lending in Africa and the implications of these investments for the region’s economies, please see the following piece by Africa Growth Initiative Nonresident Fellow Yun Sun: “Inserting Africa into China’s One Belt, One Road strategy: A new opportunity for jobs and infrastructure?”

Authors

  • Amy Copley
     
 
 




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Djibouti joins the Inclusive Framework on BEPS and the Global Forum

The Inclusive Framework on BEPS ("IF") welcomes Djibouti as its newest member, bringing to 97 the total number of countries and jurisdictions participating on an equal footing in the project. Djibouti also joins the Global Forum on Transparency and Exchange of Information for Tax Purposes as its 141st member.




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Djibouti IP Addresses

IP Addresses in Djibouti increased to 12438 IP in the first quarter of 2017 from 10624 IP in the fourth quarter of 2016. IP Addresses in Djibouti averaged 6244 IP from 2007 until 2017, reaching an all time high of 25699 IP in the first quarter of 2015 and a record low of 1285 IP in the third quarter of 2007. This page includes a chart with historical data for DjiboutiIP Addresses.




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Djibouti Temperature

Temperature in Djibouti increased to 34.53 celsius in August from 34.01 celsius in July of 2013. Temperature in Djibouti averaged 28.82 celsius from 1864 until 2013, reaching an all time high of 35.18 celsius in July of 2009 and a record low of 23.02 celsius in January of 1918. This page includes a chart with historical data for Djibouti Temperature.




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Djibouti Money Supply M1

Money Supply M1 in Djibouti increased to 148407 FDJ Million in September from 146502 FDJ Million in August of 2017. Money Supply M1 in Djibouti averaged 116304.30 FDJ Million from 2012 until 2017, reaching an all time high of 160747 FDJ Million in July of 2017 and a record low of 84469 FDJ Million in January of 2013. This page provides - Djibouti Money Supply M1- actual values, historical data, forecast, chart, statistics, economic calendar and news.




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Djibouti Money Supply M2

Money Supply M2 in Djibouti increased to 161136 FDJ Million in September from 158813 FDJ Million in August of 2017. Money Supply M2 in Djibouti averaged 124884.22 FDJ Million from 2012 until 2017, reaching an all time high of 174700 FDJ Million in July of 2017 and a record low of 89917 FDJ Million in January of 2013. This page provides - Djibouti Money Supply M2- actual values, historical data, forecast, chart, statistics, economic calendar and news.




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Djibouti Money Supply M3

Money Supply M3 in Djibouti increased to 344595 FDJ Million in September from 332279 FDJ Million in August of 2017. Money Supply M3 in Djibouti averaged 253792.18 FDJ Million from 2012 until 2017, reaching an all time high of 344595 FDJ Million in September of 2017 and a record low of 23969 FDJ Million in December of 2014. This page provides - Djibouti Money Supply M3- actual values, historical data, forecast, chart, statistics, economic calendar and news.




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Djibouti Imports

Imports in Djibouti increased to 640289 DJF Million in 2018 from 136477 DJF Million in 2017. Imports in Djibouti averaged 98286.33 DJF Million from 1995 until 2018, reaching an all time high of 640289 DJF Million in 2018 and a record low of 30600 DJF Million in 1996. Djibouti main imports are: fuel, food and machinery. Main import partners are: Saudi Arabia (18 percent of total imports), China (16 percent), India (15 percent), Indonesia, Malaysia and the United States. This page provides - Djibouti Imports - actual values, historical data, forecast, chart, statistics, economic calendar and news.




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Djibouti Balance of Trade

Djibouti recorded a trade deficit of 14510 DJF Million in 2018. Balance of Trade in Djibouti averaged -57876.88 DJF Million from 1995 until 2018, reaching an all time high of -14510 DJF Million in 2018 and a record low of -130969 DJF Million in 2015. Djibouti runs systemic trade deficits. However, trade accounts for an important part of government revenue in form of transit taxes and harbour dues. Djibouti main imports are: fuel, food and machinery. Main exports are: hides, salt, coffee and beans. Main trading partners are Somalia, the United States and Ethiopia. This page provides - Djibouti Balance of Trade - actual values, historical data, forecast, chart, statistics, economic calendar and news.




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Djibouti Exports

Exports in Djibouti increased to 625779 DJF Million in 2018 from 25290 DJF Million in 2017. Exports in Djibouti averaged 37775.75 DJF Million from 1995 until 2018, reaching an all time high of 625779 DJF Million in 2018 and a record low of 4886 DJF Million in 1999. Djibouti’s economy relies on re-exports of hides, salt, coffee, beans and cereals. Main export partner is Somalia (74 percent of total exports) followed by Ethiopia, Sudan and Egypt. This page provides - Djibouti Exports - actual values, historical data, forecast, chart, statistics, economic calendar and news.




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Ease of Doing Business in Djibouti

Djibouti is ranked 112 among 190 economies in the ease of doing business, according to the latest World Bank annual ratings. The rank of Djibouti deteriorated to 112 in 2019 from 99 in 2018. Ease of Doing Business in Djibouti averaged 155.17 from 2008 until 2019, reaching an all time high of 172 in 2012 and a record low of 99 in 2018. The Ease of doing business index ranks countries against each other based on how the regulatory environment is conducive to business operationstronger protections of property rights. Economies with a high rank (1 to 20) have simpler and more friendly regulations for businesses. This page includes a chart with historical data for Ease of Doing Business in Djibouti.




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Djibouti Terrorism Index

Terrorism Index in Djibouti decreased to 0.32 in 2018 from 0.71 in 2017. Terrorism Index in Djibouti averaged 0.57 from 2002 until 2018, reaching an all time high of 2.57 in 2014 and a record low of 0 in 2003. The Global Terrorism Index measures the direct and indirect impact of terrorism, including its effects on lives lost, injuries, property damage and the psychological aftereffects. It is a composite score that ranks countries according to the impact of terrorism from 0 (no impact) to 10 (highest impact).




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Djibouti GDP per capita PPP

The Gross Domestic Product per capita in Djibouti was last recorded at 3139.30 US dollars in 2015, when adjusted by purchasing power parity (PPP). The GDP per Capita, in Djibouti, when adjusted by Purchasing Power Parity is equivalent to 18 percent of the world's average. GDP per capita PPP in Djibouti averaged 2523.43 USD from 1990 until 2015, reaching an all time high of 3139.30 USD in 2015 and a record low of 2130 USD in 2001. The GDP per capita PPP is obtained by dividing the country’s gross domestic product, adjusted by purchasing power parity, by the total population. This page provides - Djibouti GDP per capita PPP - actual values, historical data, forecast, chart, statistics, economic calendar and news.




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Djibouti GDP per capita

The Gross Domestic Product per capita in Djibouti was last recorded at 1579.90 US dollars in 2015. The GDP per Capita in Djibouti is equivalent to 13 percent of the world's average. GDP per capita in Djibouti averaged 1269.23 USD from 1990 until 2015, reaching an all time high of 1579.90 USD in 2015 and a record low of 1072 USD in 2001. The GDP per capita is obtained by dividing the country’s gross domestic product, adjusted by inflation, by the total population. This page provides - Djibouti GDP per capita - actual values, historical data, forecast, chart, statistics, economic calendar and news.




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Djibouti Corruption Index

Djibouti scored 30 points out of 100 on the 2019 Corruption Perceptions Index reported by Transparency International. Corruption Index in Djibouti averaged 31.62 Points from 2007 until 2019, reaching an all time high of 36 Points in 2012 and a record low of 28 Points in 2009. The Corruption Perceptions Index ranks countries and territories based on how corrupt their public sector is perceived to be. A country or territory’s score indicates the perceived level of public sector corruption on a scale of 0 (highly corrupt) to 100 (very clean). This page provides the latest reported value for - Djibouti Corruption Index - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.




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Djibouti Corruption Rank

Djibouti is the 126 least corrupt nation out of 175 countries, according to the 2019 Corruption Perceptions Index reported by Transparency International. Corruption Rank in Djibouti averaged 107.54 from 2007 until 2019, reaching an all time high of 126 in 2019 and a record low of 91 in 2010. The Corruption Perceptions Index ranks countries and territories based on how corrupt their public sector is perceived to be. A country or territory's rank indicates its position relative to the other countries and territories in the index. This page provides the latest reported value for - Djibouti Corruption Rank - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.




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Deposit Interest Rate in Djibouti

Deposit Interest Rate in Djibouti increased to 1.65 percent in 2017 from 1.50 percent in 2016. Deposit Interest Rate in Djibouti averaged 1.50 percent from 2001 until 2017, reaching an all time high of 3.16 percent in 2007 and a record low of 0 percent in 2006. The Deposit Interest Rate is the average rate paid by commercial banks to individuals or corporations on deposits. This page includes a chart with historical data for Deposit Interest Rate in Djibouti.




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Djibouti Unemployment Rate

Unemployment Rate in Djibouti decreased to 11 percent in 2019 from 11.10 percent in 2018. Unemployment Rate in Djibouti averaged 12.40 percent from 1991 until 2019, reaching an all time high of 13.80 percent in 1999 and a record low of 10.80 percent in 2008. In Djibouti, the unemployment rate measures the number of people actively looking for a job as a percentage of the labour force. This page provides - Djibouti Unemployment Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news.




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Djibouti Sales Tax Rate - VAT

The Sales Tax Rate in Djibouti stands at 10 percent. Sales Tax Rate in Djibouti averaged 10.38 percent from 2008 until 2020, reaching an all time high of 33 percent in 2008 and a record low of 7 percent in 2009. In Djibouti, the sales tax rate is a tax charged to consumers based on the purchase price of certain goods and services. The benchmark we use for the sales tax rate refers to the highest rate. Revenues from the Sales Tax Rate are an important source of income for the government of Djibouti. This page provides the latest reported value for - Djibouti Sales Tax Rate | VAT - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.




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Djibouti Cpi Transportation

The transportation sub-index of the CPI basket in Djibouti decreased to 102 Index Points in December of 2019 from 102.10 Index Points in November of 2019. Cpi Transportation in Djibouti averaged 100.52 Index Points from 2015 until 2019, reaching an all time high of 102.10 Index Points in April of 2019 and a record low of 99.70 Index Points in February of 2015. This page provides - Djibouti Cpi Transportation- actual values, historical data, forecast, chart, statistics, economic calendar and news.




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Djibouti Population

The total population in Djibouti was estimated at 1.0 million people in 2019, according to the latest census figures and projections from Trading Economics. Looking back, in the year of 1960, Djibouti had a population of 0.1 million people. The population of Djibouti represents 0.01 percent of the world´s total population which arguably means that one person in every 7663 people on the planet is a resident of Djibouti. This page provides the latest reported value for - Djibouti Population - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.




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Djibouti GDP

The Gross Domestic Product (GDP) in Djibouti was worth 2.05 billion US dollars in 2019, according to official data from the World Bank and projections from Trading Economics. The GDP value of Djibouti represents 0 percent of the world economy. GDP in Djibouti averaged 0.84 USD Billion from 1985 until 2019, reaching an all time high of 2.05 USD Billion in 2019 and a record low of 0 USD Billion in 1986. The gross domestic product (GDP) measures of national income and output for a given country's economy. The gross domestic product (GDP) is equal to the total expenditures for all final goods and services produced within the country in a stipulated period of time. This page provides - Djibouti GDP - actual values, historical data, forecast, chart, statistics, economic calendar and news.




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Djibouti Consumer Price Index CPI

Consumer Price Index Cpi in Djibouti increased to 109.70 points in December from 109.50 points in November of 2019. Consumer Price Index Cpi in Djibouti averaged 104.81 points from 2015 until 2019, reaching an all time high of 109.70 points in December of 2019 and a record low of 99.90 points in February of 2015. This page provides - Djibouti Consumer Price Index CPI- actual values, historical data, forecast, chart, statistics, economic calendar and news.




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Djibouti Interest Rate

The benchmark interest rate in Djibouti was last recorded at 11.20 percent. Interest Rate in Djibouti averaged 10.87 percent from 1984 until 2017, reaching an all time high of 12.70 percent in 2014 and a record low of 8.50 percent in 1985. Djibouti’s Central Bank does not define a benchmark interest rate. The benchmark interest rate is the average lending rate. This page provides - Djibouti Interest Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news.




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Djibouti Inflation Rate

The inflation rate in Djibouti was recorded at 3.30 percent in December of 2019. Inflation Rate in Djibouti averaged 3.52 percent from 1981 until 2019, reaching an all time high of 22.47 percent in June of 1986 and a record low of -6.35 percent in April of 1982. In Djibouti, the inflation rate measures a broad rise or fall in prices that consumers pay for a standard basket of goods. This page provides - Djibouti Inflation Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news.




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Djibouti Food Inflation

Cost of food in Djibouti increased 6.80 percent in December of 2019 over the same month in the previous year. Food Inflation in Djibouti averaged 2.31 percent from 2012 until 2019, reaching an all time high of 12.20 percent in March of 2017 and a record low of -5.60 percent in March of 2018. This page provides - Djibouti Food Inflation - actual values, historical data, forecast, chart, statistics, economic calendar and news.




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Djibouti Government Debt to GDP

Djibouti recorded a government debt equivalent to 104 percent of the country's Gross Domestic Product in 2018. Government Debt to GDP in Djibouti averaged 64.49 percent from 2003 until 2018, reaching an all time high of 104 percent in 2018 and a record low of 46 percent in 2010. Generally, Government debt as a percent of GDP is used by investors to measure a country ability to make future payments on its debt, thus affecting the country borrowing costs and government bond yields. This page provides - Djibouti Government Debt To GDP - actual values, historical data, forecast, chart, statistics, economic calendar and news.




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Djibouti GDP Annual Growth Rate

The Gross Domestic Product (GDP) in Djibouti expanded 6 percent in 2019 from the previous year. GDP Annual Growth Rate in Djibouti averaged 2.82 percent from 1991 until 2019, reaching an all time high of 7 percent in 2017 and a record low of -10.60 percent in 1996. 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. This page provides - Djibouti GDP Annual Growth Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news.




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Djibouti Government Budget

Djibouti recorded a Government Budget deficit equal to 14.20 percent of the country's Gross Domestic Product in 2019. Government Budget in Djibouti averaged -6.96 percent of GDP from 2002 until 2019, reaching an all time high of 1.30 percent of GDP in 2008 and a record low of -18.20 percent of GDP in 2016. Government Budget is an itemized accounting of the payments received by government (taxes and other fees) and the payments made by government (purchases and transfer payments). A budget deficit occurs when an government spends more money than it takes in. The opposite of a budget deficit is a budget surplus. This page provides - Djibouti Government Budget - actual values, historical data, forecast, chart, statistics, economic calendar and news.




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Djibouti Current Account to GDP

Djibouti recorded a Current Account deficit of 12.50 percent of the country's Gross Domestic Product in 2019. Current Account to GDP in Djibouti averaged -8.87 percent from 1991 until 2019, reaching an all time high of 3.40 percent in 2003 and a record low of -30.70 percent in 2015. The Current account balance as a percent of GDP provides an indication on the level of international competitiveness of a country. Usually, countries recording a strong current account surplus have an economy heavily dependent on exports revenues, with high savings ratings but weak domestic demand. On the other hand, countries recording a current account deficit have strong imports, a low saving rates and high personal consumption rates as a percentage of disposable incomes. This page provides - Djibouti Current Account to GDP - actual values, historical data, forecast, chart, statistics, economic calendar and news.




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Djibouti Cpi Housing Utilities

Cpi Housing Utilities in Djibouti increased to 101.30 Index Points in December from 101.20 Index Points in November of 2019. Cpi Housing Utilities in Djibouti averaged 100.80 Index Points from 2015 until 2019, reaching an all time high of 102.90 Index Points in August of 2019 and a record low of 99.10 Index Points in May of 2018. This page provides - Djibouti Cpi Housing Utilities- actual values, historical data, forecast, chart, statistics, economic calendar and news.




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Djibouti Current Account

Djibouti recorded a Current Account surplus of 78200 DJF Million in 2018. Current Account in Djibouti averaged -10887.50 DJF Million from 1995 until 2018, reaching an all time high of 78200 DJF Million in 2018 and a record low of -54833 DJF Million in 2013. Current Account is the sum of the balance of trade (exports minus imports of goods and services), net factor income (such as interest and dividends) and net transfer payments (such as foreign aid). This page provides the latest reported value for - Djibouti Current Account - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.




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Djibouti - Credit Rating

In general, a credit rating is used by sovereign wealth funds, pension funds and other investors to gauge the credit worthiness of Djibouti thus having a big impact on the country's borrowing costs. This page includes the government debt credit rating for Djibouti as reported by major credit rating agencies.




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Djibouti Coronavirus Cases

Djibouti recorded 1135 Coronavirus Cases since the epidemic began, according to the World Health Organization (WHO). In addition, Djibouti reported 3 Coronavirus Deaths. This page includes a chart with historical data for Djibouti Coronavirus Cases.




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Djibouti Coronavirus Deaths

Djibouti recorded 3 Coronavirus Deaths since the epidemic began, according to the World Health Organization (WHO). In addition, Djibouti reported 1135 Coronavirus Cases. This page includes a chart with historical data for Djibouti Coronavirus Deaths.




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Djibouti Coronavirus Recovered

Djibouti recorded 824 Coronavirus Recovered since the epidemic began, according to the World Health Organization (WHO). In addition, Djibouti reported 3 Coronavirus Deaths. This page includes a chart with historical data for Djibouti Coronavirus Recovered.




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Djibouti

Honorary Consulate of India, Djibouti
Rue D Athens, Djibouti City,
Post Box No.171, Djibouti.
[*Under jurisdiction of Embassy of India, Addis Ababa (Ethiopia)].

Telephone: 00-253-350219, 552394 (O), 350911 (R)
Fax: 00-253-351778
E-Mail:ops@kothari.dj,nalin@kothari.dj
Website:http://indembassyeth.in

Honorary Consul*
Nalin Kothari




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External Affairs Minister meets Yonis Ali Guedi, Minister for Energy of Djibouti in New Delhi [ph]Photo Courtesy: Chandan Kumar Shah[/ph]