The official currency of Djibouti is Franc.
Djibouti is located in Horn of Africa.
Estimated population (2010): 889,000
Estimated population (2000): 732,000
Estimated population (1950): 62,000
Djibouti has an underdeveloped economy that suffers from harsh climate, unskilled labour force, and lack of natural resources. The most important economic asset of Djibouti is its strategic location connecting the Red Sea and the Gulf of Aden. As such, Djibouti’s economy is dominated by the service sector, providing services as both a transit port for the region and as an international transshipment and re-fueling center.