Current Account Balance for Djibouti
DJIBCAGDPGDPPT • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
4.90
Year-over-Year Change
-115.94%
Date Range
1/1/2013 - 1/1/2025
Summary
The Current Account Balance for Djibouti measures the difference between the value of Djibouti's exports and imports of goods, services, and capital. It is a key indicator of Djibouti's economic health and external trade position.
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
The Current Account Balance tracks Djibouti's trade surplus or deficit with the rest of the world. It includes the balance of trade in goods and services, as well as net income and transfer payments. Economists and policymakers use this data to analyze Djibouti's international competitiveness and ability to finance its external obligations.
Methodology
The data is collected and calculated by the International Monetary Fund (IMF) based on Djibouti's balance of payments reporting.
Historical Context
The Current Account Balance is used to assess Djibouti's macroeconomic policies and external stability.
Key Facts
- Djibouti's current account deficit was 13.3% of GDP in 2021.
- The deficit is largely driven by Djibouti's heavy reliance on imports of goods and services.
- Djibouti's current account position is a key consideration for the IMF and other international lenders.
FAQs
Q: What does this economic trend measure?
A: The Current Account Balance for Djibouti measures the difference between the value of Djibouti's exports and imports of goods, services, and capital.
Q: Why is this trend relevant for users or analysts?
A: The Current Account Balance is a key indicator of Djibouti's economic health and external trade position, providing insights into the country's international competitiveness and ability to finance its external obligations.
Q: How is this data collected or calculated?
A: The data is collected and calculated by the International Monetary Fund (IMF) based on Djibouti's balance of payments reporting.
Q: How is this trend used in economic policy?
A: The Current Account Balance is used by economists and policymakers to assess Djibouti's macroeconomic policies and external stability, which is a key consideration for the IMF and other international lenders.
Q: Are there update delays or limitations?
A: The data is subject to the reporting timeline and statistical methods used by the IMF, which may result in occasional update delays or revisions.
Related Trends
Total External Debt for Djibouti
DJIDGDPGDPPT
Gross International Reserves Held by Central Bank for Djibouti
DJIFAFARUSD
Number of Identified Exporters to Djibouti from New Jersey
NJDJIA475SCEN
Number of Identified Exporters to Djibouti from Colorado
CODJIA475SCEN
Value of Exports to Djibouti from Colorado
CODJIA052SCEN
Number of Identified Exporters to Djibouti from New Mexico
NMDJIA475SCEN
Citation
U.S. Federal Reserve, Current Account Balance for Djibouti (DJIBCAGDPGDPPT), retrieved from FRED.