Imports of Goods and Services for Djibouti
DJIBMUSD • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
5,980,479,011.70
Year-over-Year Change
52.91%
Date Range
1/1/2013 - 1/1/2025
Summary
This economic trend measures the value of goods and services imported into Djibouti, a key indicator of the country's international trade activity and economic integration.
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
Imports of Goods and Services for Djibouti tracks the monetary value of all goods and services brought into the country from other nations. This metric is used by economists and policymakers to assess Djibouti's participation in global supply chains and dependence on foreign markets.
Methodology
The data is collected and reported by the World Bank based on official government statistics.
Historical Context
Imports data is crucial for understanding Djibouti's balance of trade and overall economic performance.
Key Facts
- Djibouti's imports reached a record high of $3.2 billion in 2021.
- Fuel, machinery, and transportation equipment are Djibouti's top imported goods.
- Imports make up over 50% of Djibouti's gross domestic product.
FAQs
Q: What does this economic trend measure?
A: This metric tracks the total monetary value of all goods and services imported into Djibouti from other countries.
Q: Why is this trend relevant for users or analysts?
A: Imports data is crucial for understanding Djibouti's international trade activity, balance of payments, and overall economic integration.
Q: How is this data collected or calculated?
A: The data is collected and reported by the World Bank based on official government statistics from Djibouti.
Q: How is this trend used in economic policy?
A: Policymakers and economists use imports data to assess Djibouti's participation in global supply chains and dependence on foreign markets.
Q: Are there update delays or limitations?
A: The data is published with a lag, and there may be limitations in coverage or accuracy depending on Djibouti's statistical capacity.
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Citation
U.S. Federal Reserve, Imports of Goods and Services for Djibouti (DJIBMUSD), retrieved from FRED.