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Djibouti [+]Compare [E]dit [H]istory

Aliases: Djibouti/Jibuti, French Somaliland, Republic of Djibouti, Republique de Djibouti/Jumhuriyat Jibuti

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Object «Djibouti» has attributes

Attribute Value
Geography
Area 23,200 km²
Continent Africa
Land area 23,180 km²
Water area 20 km²
Land boundaries 528 km
Border countries
  • Eritrea
  • Ethiopia
  • Somalia
Coastline 314 km
Mean elevation 430 m
Lowest point -155 m
Highest point 2,021 m
People
Population 921,804
Official languages
  • Arabic
  • French
Religion Sunni Muslim
Government
Long country name Republic of Djibouti
Short country name Djibouti
Long local name Republique de Djibouti/Jumhuriyat Jibuti
Short local name Djibouti/Jibuti
Former name
  • French Somaliland
  • French Territory of the Afars and Issas
Government type Presidential republic
Capital Djibouti
Economy
GDP (PPP) 3,640,000,000 USD
GDP (OER) 2,029,000,000 USD
GDP (real growth rate) 6.7 %
GDP - per capita (PPP) 3,600 USD
Gross national saving 22.3 % of GDP
Labor force 294,600
Unemployment rate 40 %
Population below poverty line 23 %
Budget revenues 717,000,000 USD
Budget expenditures 899,200,000 USD
Military expenditures Add
Taxes and other revenues 35.3 % of GDP
Budget surplus or deficit -9 % of GDP
Public debt 31.8 % of GDP
Inflation rate 0.7 %
Central bank discount rate Add
Commercial bank prime lending rate 11.3 %
Stock of narrow money 1,475,000,000 USD
Stock of broad money 1,475,000,000 USD
Stock of domestic credit 673,100,000 USD
Market value of publicly traded shares Add
Current account balance -280,000,000 USD
Exports 161,400,000 USD
Imports 726,400,000 USD
Reserves of foreign exchange and gold 547,700,000 USD
External debt 1,954,000,000 USD
National currency Djiboutian francs
National currency (code) DJF
National currency (symbol) Fdj
National currency rate to USD 177.7

The French Territory of the Afars and the Issas became Djibouti in 1977. Hassan Gouled APTIDON installed an authoritarian one-party state and proceeded to serve as president until 1999. Unrest among the Afar minority during the 1990s led to a civil war that ended in 2001 with a peace accord between Afar rebels and the Somali Issa-dominated government. In 1999, Djibouti's first multiparty presidential election resulted in the election of Ismail Omar GUELLEH as president; he was reelected to a second term in 2005 and extended his tenure in office via a constitutional amendment, which allowed him to serve a third term in 2011 and begin a fourth term in 2016. Djibouti occupies a strategic geographic location at the intersection of the Red Sea and the Gulf of Aden. Its ports handle 95% of Ethiopia’s trade. Djibouti’s ports also service transshipments between Europe, the Middle East, and Asia. The government holds longstanding ties to France, which maintains a military presence in the country, as does the US, Japan, Italy, Germany, Spain, and China.

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There was one edit, no edits waiting approval. Last edited by avery54(9375), Sep 16, 2019 (62 fields were changed)
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