Djibouti: Exports, percent of GDP

* indicates monthly or quarterly data series
 Djibouti

Exports of goods and services as percent of GDP

 Latest value 115.77
 Year 2020
 Measure percent
 Data availability 2013 - 2020
 Average 144.16
 Min - Max 103.76 - 166.72
 Source The World Bank
For that indicator, we provide data for Djibouti from 2013 to 2020. The average value for Djibouti during that period was 144.16 percent with a minimum of 103.76 percent in 2016 and a maximum of 166.72 percent in 2019. The latest value from 2020 is 115.77 percent. For comparison, the world average in 2020 based on 167 countries is 39.38 percent. See the global rankings for that indicator or use the country comparator to compare trends over time.
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* indicates monthly or quarterly data series


Recent values chart
Djibouti - Exports, percent of GDP - recent values




The exports of Djibouti and other countries are calculated as the total amount of goods and services produced at home and sold abroad. Exports are often reported as percent of GDP so that we can evaluate their magnitude relative to the size of the economy.

If exports are about 15 percent or less of GDP the economy is considered relatively closed as only 15 percent of its products are sold internationally. That, for example, applies to the U.S. In contrast, many small European countries export over 40 percent of their production. They are considered more open to international trade.
Definition: Exports of goods and services represent the value of all goods and other market services provided to the rest of the world. They include the value of merchandise, freight, insurance, transport, travel, royalties, license fees, and other services, such as communication, construction, financial, information, business, personal, and government services. They exclude compensation of employees and investment income (formerly called factor services) and transfer payments.


 Related indicators Latest value Reference Measure
 Terms of trade 102.48 2021 percent
 Trade openness 340.19 2022 percent
 Exports, percent of GDP 115.77 2020 percent
 Exports, billion dollars 5.94 2022 billion U.S. dollars
 Growth of exports -13.02 2022 percent
 Imports, percent of GDP 107.35 2020 percent
 Imports, billion dollars 6.02 2022 billion U.S. dollars
 Foreign Direct Investment, percent of GDP 5.43 2022 percent
 Foreign Direct Investment, billion dollars 0.19 2022 billion U.S. dollars
 Portfolio investment inflows, equities -199.46 2021 million dollars (current)
 Current account, percent of GDP 25.10 2022 percent
 Current account, in dollars 0.66 2022 billion U.S. dollars
 Trade balance, percent of GDP -2.19 2022 percent
 Trade balance, in dollars 0.58 2022 billion U.S. dollars
 Reserves 0.59 2022 billion U.S. dollars
 Remittances, percent of GDP 1.56 2022 percent
 Remittances 6.76 2012 million U.S. dollars
 Net errors and omissions -1,166.80 2022 million USD
 External debt 91.94 2022 percent
 Short-term external debt 19.81 2022 percent
 Short-term debt to reserves 106.54 2022 percent
 Foreign exchange reserves 0.54 9/2022 billion
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