Djibouti Economic information

Djibouti is a country located in East Africa. Its economy is generally based on the service sector. Its ports and logistics services play an important role in the country's economic growth. Djibouti's national income is largely derived from the trade and service sectors. The country's strategic location has enabled it to become a transit point for international trade. Djibouti Port is one of the most important commercial centers of the country and is considered a major port in East Africa. The country's agricultural sector is limited and generally produces for local consumption. Major agricultural products include grains, fruits and vegetables. Livestock farming is also an important source of income, and sheep farming is especially common. Djibouti has been trying to develop its tourism sector in recent years. The country's natural beauties, historical and cultural heritage make it attractive for tourists. Additionally, Djibouti's geographical location has great potential for marine tourism. Although the country's economic growth has increased steadily in recent years, the poverty rate remains high. Unemployment is also a major problem and is particularly prevalent among the young population. Djibouti is making various reforms and investments to diversify its economy and ensure sustainable growth. In particular, infrastructure development projects, supporting the tourism and agricultural sectors, attracting foreign investments and investments in education aim to increase the country's economic growth potential.