Attribute | Value |
---|---|
Geography | |
Area | 23,200 km² |
Continent | Africa |
Land area | 23,180 km² |
Water area | 20 km² |
Land boundaries | 528 km |
Border countries |
|
Coastline | 314 km |
Mean elevation | 430 m |
Lowest point | -155 m |
Highest point | 2,021 m |
People | |
Population | 921,804 |
Official languages |
|
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 |
|
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.