Names: conventional long form: Republic of Djibouti conventional short form: Djibouti local long form: Republique de Djibouti/Jumhuriyat Jibuti local short form: Djibouti/Jibuti former: French Territory of the Afars and Issas, French Somaliland
Capital City: Djibouti
Population: 486,530 (July 2006 est.)
GDP Per Capita: $1,000 (2005 est.)
Currency: Djiboutian franc (DJF)
Languages: French (official), Arabic (official), Somali, Afar
Total Area: total: 23,000 sq km land: 22,980 sq km water: 20 sq km slightly smaller than Massachusetts
Region: Africa
Industries: construction, agricultural processing
Agriculture: fruits, vegetables; goats, sheep, camels, animal hides
Resources: geothermal areas, gold, clay, granite, limestone, marble, salt, diatomite, gypsum, pumice, petroleum
Labor Force:
282,000 (2000)
agriculture: NA% industry: NA% services: NA%
Exports:
$250 million f.o.b. (2004 est.)
reexports, hides and skins, coffee (in transit)
Imports:
$987 million f.o.b. (2004 est.)
foods, beverages, transport equipment, chemicals, petroleum products
Overview:
The economy is based on service activities connected with the country's strategic location and status as a free trade zone in northeast Africa. Two-thirds of the inhabitants live in the capital city; the remainder are mostly nomadic herders. Scanty rainfall limits crop production to fruits and vegetables, and most food must be imported. Djibouti provides services as both a transit port for the region and an international transshipment and refueling center. Djibouti has few natural resources and little industry. The nation is, therefore, heavily dependent on foreign assistance to help support its balance of payments and to finance development projects. An unemployment rate of at least 50% continues to be a major problem. While inflation is not a concern, due to the fixed tie of the Djiboutian franc to the US dollar, the artificially high value of the Djiboutian franc adversely affects Djibouti's balance of payments. Per capita consumption dropped an estimated 35% over the last seven years because of recession, civil war, and a high population growth rate (including immigrants and refugees). Faced with a multitude of economic difficulties, the government has fallen in arrears on long-term external debt and has been struggling to meet the stipulations of foreign aid donors.
In 2007 Missouri exported $1,005,239 in goods to Djibouti. This ranks Djibouti 165th among the 223 international buyers of Missouri goods. Missouri exports to Djibouti increased from the previous year by 821,329 a change of 446.59. State exports to Djibouti have increased over the last 5 years by 1,005,239 a change of NA. Missouri exports account for .01%. of all 2007 US exports to Djibouti.
| NAICS Industry | Annual | ||||||
|---|---|---|---|---|---|---|---|
| 2002 | 2003 | 2004 | 2005 | 2006 | 2007 | ||
| 000 - Total All Industries MO | NA | 39,000 | 92,650 | NA | 183,910 | 1,005,239 | |
| 000 - Total All Industries US | 56,024,091 | 34,307,854 | 43,254,220 | 47,866,959 | 47,628,575 | 58,934,056 | |