Insurance and financial services in Djibouti
Djibouti: Insurance and financial services was 2.7% in 2024. ▼ Falling
Insurance and financial services in Djibouti, 1991–2024
Source: Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in % of commercial service imports.
Analysis
The most recent figure for insurance and financial services in Djibouti is 2.7%, measured in 2024. That is the lowest value across all 34 years on record.
The figure is down 23.5% on the previous year and down 37.8% over ten years.
Over the whole period, insurance and financial services in Djibouti peaked at 14.6% in 1999 and was at its lowest, 2.7%, in 2024.
That places Djibouti 162nd out of 197 countries with data for 2024, putting it in the bottom quarter.
The long-run direction has been consistently falling across the 34 years of available data.
Insurance and financial services in Djibouti, year by year
| Year | % of commercial service imports | Change |
|---|---|---|
| 1991 | 10.8% | — |
| 1992 | 10.3% | -4.7% |
| 1993 | 8.0% | -22.4% |
| 1994 | 8.9% | +12.0% |
| 1995 | 9.8% | +10.1% |
| 1996 | 11.5% | +17.0% |
| 1997 | 9.8% | -14.9% |
| 1998 | 11.1% | +13.6% |
| 1999 | 14.6% | +31.3% |
| 2000 | 12.4% | -15.1% |
| 2001 | 12.0% | -2.8% |
| 2002 | 13.2% | +9.3% |
| 2003 | 12.2% | -7.2% |
| 2004 | 12.3% | +0.3% |
| 2005 | 11.4% | -7.3% |
| 2006 | 10.6% | -6.9% |
| 2007 | 8.7% | -17.2% |
| 2008 | 12.0% | +37.6% |
| 2009 | 10.0% | -16.9% |
| 2010 | 10.6% | +5.7% |
| 2011 | 8.7% | -17.5% |
| 2012 | 8.3% | -4.6% |
| 2013 | 3.2% | -61.5% |
| 2014 | 4.3% | +34.7% |
| 2015 | 6.0% | +40.1% |
| 2016 | 6.0% | -0.6% |
| 2017 | 3.8% | -36.4% |
| 2018 | 3.8% | +0.0% |
| 2019 | 3.8% | -0.5% |
| 2020 | 3.4% | -10.1% |
| 2021 | 3.3% | -4.4% |
| 2022 | 3.5% | +6.0% |
| 2023 | 3.5% | +1.3% |
| 2024 | 2.7% | -23.5% |
Djibouti compared with similar countries
- Djibouti's 2.7% is below the median for lower middle income countries, which is 6.5%, 41% of the median. (47 countries reporting)
- Djibouti's 2.7% is below the median for Middle East, North Africa, Afghanistan & Pakistan, which is 6.7%, 40% of the median. (22 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 10.5% | 8.0% | 14.6% | 9 |
| 2000s | 11.5% | 8.7% | 13.2% | 10 |
| 2010s | 5.9% | 3.2% | 10.6% | 10 |
| 2020s | 3.3% | 2.7% | 3.5% | 5 |
Countries ranked near Djibouti
More private sector data for Djibouti
- Merchandise trade 267.1% (2025)
- Food imports 38.6% (2023)
- Manufactures imports 51.9% (2023)
- Merchandise imports 6.26 billion current US$ (2025)
- Food exports 41.5% (2023)
- Manufactures exports 56.6% (2023)
- Merchandise exports 6.09 billion current US$ (2025)
- Merchandise exports (current US$), per capita 5,143 current US$ per person (2025)
- Merchandise exports (current US$), per unit of GDP 1.32 current US$ per US$ of GDP (2025)
- Merchandise exports (current US$), annual growth rate 17.82 % change on previous year (2025)
Frequently asked questions
- What is insurance and financial services in Djibouti?
- Insurance and financial services in Djibouti was 2.7% in 2024, according to Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF).
- What is the highest insurance and financial services recorded in Djibouti?
- The highest recorded value was 14.6% in 1999.
- What is the lowest insurance and financial services recorded in Djibouti?
- The lowest recorded value was 2.7% in 2024.
- How does Djibouti rank for insurance and financial services?
- Djibouti ranks 162nd out of 197 countries with data for 2024.
- Is insurance and financial services rising or falling in Djibouti?
- Over the last ten years it is down 37.8%. The long-run trend across the full record is falling.
- Where does this Djibouti data come from?
- The figures come from Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF), published as part of Insurance and financial services (% of commercial service imports). Statizoid updates them automatically from the source API.
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About this data
Financial services covers services related to financial intermediation, financial risk management, liquidity transformation or auxiliary financial activities. It also includes insurance and pension scheme services which are services related to providing life insurance and annuities, non-life insurance, reinsurance, pensions, standardised guarantees and auxiliary services to insurance, pension schemes, and standardised guarantee schemes. This indicator is expressed as a percentage of service imports which are commercial services provided by non-residents to residents.