Djibouti - Balance of payments

Since independence, Djibouti has run large trade deficits, which have been offset by surpluses on services and by transfers attributable to the French base, port receipts, the national airline, the national airport, and grants from donors.

The US Central Intelligence Agency (CIA) reports that in 1999 the purchasing power parity of Djibouti's exports was $260 million while imports totaled $440 million resulting in a trade deficit of $180 million.

The International Monetary Fund (IMF) reports that in 1995 Djibouti had exports of goods totaling $34 million and imports totaling $205 million. The services credit totaled $151 million and debit $87 million. The following table summarizes Djibouti's balance of payments as reported by the IMF for 1995 in millions of US dollars.


Current Account -23
Balance on goods -172
Balance on services 64
Balance on income 17
Current transfers 67
Capital Account
Financial Account -2
Direct investment abroad
Direct investment in Djibouti 3
Portfolio investment assets
Portfolio investment liabilities
Other investment assets
Other investment liabilities -5
Net Errors and Omissions 1
Reserves and Related Items 25
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