Djibouti


Currency

The official currency of Djibouti is Franc.

Capital

Bujumbura

Location

Djibouti is located in Horn of Africa.


Djibouti Location

Population

Estimated population (2010): 889,000

Estimated population (2000): 732,000

Estimated population (1950): 62,000

Flag


Djibouti Flag

Economy

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.