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    Yibouti Econom�a 2000

      Econom�a - descripci�n: 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 being 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. It 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 40% to 50% continues to be a major problem. Inflation is not a concern, however, because of the fixed tie of the franc to the US dollar. 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). Also, renewed fighting between Ethiopia and Eritrea has disturbed normal external channels of commerce. 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.

      Producto Bruto Interno (PBI): purchasing power parity - $550 million (1999 est.)

      PBI - Indice de Incremento real: 2% (1999 est.)

      PBI - por capital: purchasing power parity - $1,200 (1999 est.)

      PBI - Composici�n por Sector:
      agriculture: 3%
      industry: 20%
      services: 77% (1996 est.)

      Poblaci�n bajo linea de pobertad: NA%

      Ingreso en casa o porcentage de consumci�n:
      lowest 10%: NA%
      highest 10%: NA%

      Indice de Inflaci�n (precios del consumidor): 0% (1999 est.)

      Fuerza Laboral: 282,000

      Fuerza Laboral - por ocupaci�n: agriculture 75%, industry 11%, services 14% (1991 est.)

      Indice de desempleo: 40%-50% (1996 est.)

      Presupuesto:
      revenues: $156 million
      expenditures: $175 million, including capital expenditures of $NA (1997 est.)

      Industrias: limited to a few small-scale enterprises, such as dairy products and mineral-water bottling

      Industrial production growth rate: 3% (1996 est.)

      Electricidad - Producci�n: 177 million kWh (1998)

      Electricidad - producci�n por fuente:
      fossil fuel: 100%
      hydro: 0%
      nuclear: 0%
      other: 0% (1998)

      Electricidad - consumci�n: 165 million kWh (1998)

      Electricidad - exportaciones: 0 kWh (1998)

      Electricidad - importaciones: 0 kWh (1998)

      Agricultura - productos: fruits, vegetables; goats, sheep, camels

      Exportaciones: $260 million (f.o.b., 1999 est.)

      Exporationes - comodidades: reexports, hides and skins, coffee (in transit)

      Exportaciones - socios: Somalia 53%, Yemen 23%, Ethiopia 5%, (1998)

      Importaciones: $440 million (f.o.b., 1999 est.)

      Importaciones - comodidades: foods, beverages, transport equipment, chemicals, petroleum products

      Importaciones - socios: France 13%, Ethiopia 12%, Italy 9%, Saudi Arabia 6%, UK 6% (1998)

      Deuda - externa: $350 million (1999 est.)

      Ayuda economica - recipiente: $106.3 million (1995)

      Moneda: 1 Djiboutian franc (DF) = 100 centimes

      Indice de intercambio: Djiboutian francs (DF) per US$1 - 177.721 (fixed rate since 1973)

      A�o Fiscal: calendar year

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    Revisto 01-Nov-00
    Copyright © 2000 Photius Coutsoukis (all rights reserved)


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