Djibouti’s economy is based on service activities connected with the country's strategic location and status as a free trade zone in the Horn of Africa. Two-thirds of Djibouti's inhabitants live in the capital city; the remainder are mostly nomadic herders. Djibouti provides services as both a transit port for the region and an international transhipment and refuelling centre. Imports and exports from landlocked neighbour Ethiopia represent 70% of port activity at Djibouti's container terminal. 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. Essential Information Area: 23,200 sq km Population: 792,198 (2013 est.) Capital: Djibouti Principal Towns:Dikhil, Tadjoura, Obock Languages: Arabic and French are the official languages. Afar, Amharic and Somali are also widely spoken. Gross Domestic Product: $1.4 billion (2012 est.) GDP per capita: $1,767 (2012 est.) GDP per capita (PPP): $2,700 (2012 est.) Gross Official Reserves: $0.2 billion (2012 est). Climate: Very hot and arid from April to August with average temperatures of 32°C but reaching 45°C. October through March is slightly cooler with occasional light rain. Currency: 1.00 USD ≈ 179.7 Djiboutian Franc (DJF), 1.00 DJF = 0.00556 USD. Visa requirements: Visas are required by all visitors, except French nationals, on short stay visits. Ten-day visas are available on arrival for US and EU nationals - an onward ticket is also required.
Djibouti National Day, 27 June. |
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