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Djibouti GDP Annual Growth Rate

Djibouti's GDP annual growth rate fell to 5.95% in 2024, down from 7.37% in 2023, according to World Bank. This represents a decrease of 1.42% from the previous year. Djibouti has GDP annual growth rate higher than the global median (5.95% vs median 3.24%). Compared with the median in Africa, Djibouti is higher (5.95% vs regional median 3.99%) and ranks 9th out of 52 countries in Africa.

Djibouti's real GDP rose to $3.83 billion in 2024, up from $3.61 billion in 2023.

Yearly Historical Data (2014-2024)

(in %)
Year GDP Annual Growth Rate (%)
2024 5.95%
2023 7.37%
2022 5.17%
2021 4.41%
2020 1.2%
2019 5.55%
2018 4.77%
2017 5.46%
2016 7.12%
2015 7.31%
2014 7.19%
Djibouti GDP Annual Growth Rate : Definition
GDP Annual Growth Rate measures the yearly percentage change in Djibouti's total economic output.