Gross Domestic Product in Current Prices for Djibouti
DJINGDPDUSD • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
4,664,618,170.20
Year-over-Year Change
128.16%
Date Range
1/1/2000 - 1/1/2025
Summary
Gross Domestic Product (GDP) in Current Prices for Djibouti measures the total monetary value of all goods and services produced within the country's borders. It is a key indicator of economic activity and a widely used metric for comparing national economic performance.
Analysis & Context
This economic indicator provides valuable insights into current market conditions and economic trends. The data is updated regularly by the Federal Reserve and represents one of the most reliable sources for economic analysis.
Understanding this metric helps economists, policymakers, and investors make informed decisions about economic conditions and future trends. The interactive chart above allows you to explore historical patterns and identify key trends over time.
About This Dataset
GDP in Current Prices for Djibouti represents the market value of all final goods and services produced in the country during a given time period, typically a year. This metric is essential for economists and policymakers to assess the size and growth of the Djiboutian economy and make informed decisions about fiscal and monetary policies.
Methodology
The data is collected and calculated by the Djiboutian National Institute of Statistics based on surveys and administrative records.
Historical Context
GDP in Current Prices for Djibouti is closely monitored by international organizations, investors, and analysts to gauge the economic conditions and development of the country.
Key Facts
- Djibouti's GDP in current prices was $3.4 billion in 2021.
- The GDP per capita in Djibouti was $3,337 in 2021.
- Djibouti's economy is heavily dependent on services, particularly port and transport activities.
FAQs
Q: What does this economic trend measure?
A: Gross Domestic Product (GDP) in Current Prices for Djibouti measures the total monetary value of all goods and services produced within the country's borders during a given time period.
Q: Why is this trend relevant for users or analysts?
A: GDP in Current Prices for Djibouti is a crucial indicator of the size and growth of the Djiboutian economy, which is essential for economists and policymakers to assess the country's economic performance and make informed decisions.
Q: How is this data collected or calculated?
A: The data is collected and calculated by the Djiboutian National Institute of Statistics based on surveys and administrative records.
Q: How is this trend used in economic policy?
A: GDP in Current Prices for Djibouti is closely monitored by international organizations, investors, and analysts to gauge the economic conditions and development of the country, which informs their policy decisions and investment strategies.
Q: Are there update delays or limitations?
A: The data for GDP in Current Prices for Djibouti may be subject to periodic updates and revisions, and there could be potential delays in the availability of the most recent data.
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Citation
U.S. Federal Reserve, Gross Domestic Product in Current Prices for Djibouti (DJINGDPDUSD), retrieved from FRED.