Djibouti: 2025 Article IV Consultation-Press Release; and Staff Report
IMF Staff Country Reports, September 22, 2025
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- Djibouti: 2025 Article IV Consultation-Press Release; and Staff Report
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Bibliographic details
- Published: September 22, 2025
- Series: IMF Staff Country Reports
- DOI: https://doi.org/10.5089/9798229024662.002
Growth and investment
- Investment-focused strategy propelled average growth rates to about 6 percent over the past decade.
- Strategy contributed to a doubling of GDP per capita.
Fiscal position and debt sustainability
- Substantial public investment, declining revenues, and rising debt service have constrained fiscal space.
- These factors have put pressure on debt sustainability.
- The authorities are pursuing fiscal consolidation and debt negotiations to restore debt sustainability and strengthen reserves.
2024 performance
- Growth in 2024 remained strong at about 6½ percent, driven by robust transshipment amid Red Sea maritime disruptions.
- Inflation was moderate in 2024.
- Fiscal and reserve positions improved following temporary overruns.
Policy focus and implications
- Priority measures include fiscal consolidation to rebuild fiscal space.
- Ongoing debt negotiations aim to restore debt sustainability.
- Strengthening reserves is an explicit policy objective.
International Monetary Fund. Djibouti: 2025 Article IV Consultation-Press Release; and Staff Report (September 22, 2025).
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