Gross National Income for Djibouti
MKTGNIDJA646NWDB • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
4,123,896,919.66
Year-over-Year Change
198.56%
Date Range
1/1/1991 - 1/1/2024
Summary
The Gross National Income (GNI) for Djibouti measures the total domestic and foreign output claimed by residents of Djibouti. It is a key indicator of a country's economic performance and living standards.
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
GNI represents the sum of value added by all resident producers plus any product taxes (less subsidies) not included in the valuation of output, plus net receipts of primary income from abroad. Economists and policymakers use this data to analyze Djibouti's economic growth, international competitiveness, and standard of living.
Methodology
The GNI data for Djibouti is collected and calculated by the World Bank.
Historical Context
GNI is commonly used to inform macroeconomic policy and evaluate development goals in Djibouti and across the region.
Key Facts
- Djibouti's GNI per capita was $3,130 in 2021.
- GNI growth in Djibouti averaged 5.1% annually from 2000-2021.
- Djibouti's GNI accounts for a significant portion of its overall GDP.
FAQs
Q: What does this economic trend measure?
A: The Gross National Income (GNI) for Djibouti measures the total domestic and foreign output claimed by residents of the country.
Q: Why is this trend relevant for users or analysts?
A: GNI is a key indicator of a country's economic performance and living standards, making it highly relevant for economists, policymakers, and market analysts.
Q: How is this data collected or calculated?
A: The GNI data for Djibouti is collected and calculated by the World Bank.
Q: How is this trend used in economic policy?
A: GNI is commonly used to inform macroeconomic policy and evaluate development goals in Djibouti and across the region.
Q: Are there update delays or limitations?
A: The GNI data for Djibouti is subject to the timeliness and availability of information from the World Bank.
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Citation
U.S. Federal Reserve, Gross National Income for Djibouti (MKTGNIDJA646NWDB), retrieved from FRED.