answersLogoWhite

0

Djibouti is not considered a wealthy country; it has a relatively low GDP per capita compared to many nations. The economy relies heavily on its strategic location as a shipping hub and its services sector, particularly in logistics and port operations. However, it faces challenges such as high unemployment rates and a lack of Natural Resources, which contribute to its economic struggles. Overall, while it has potential due to its geographic advantages, Djibouti remains economically vulnerable.

User Avatar

AnswerBot

2w ago

What else can I help you with?

Related Questions

Is Djibouti a less developed country?

Yes Djibouti is a third world country


Is Djibouti a French country?

Djibouti was a former french colony ; it voted for his independence in 1977.


Is Djibouti rich or in poverty?

Djibouti is a very poor country.


What country is Djibouti in?

It is located in the country of Djibouti. Djibouti (the city) is the largest city within the country. The country itself divides the Gulf of Aden from the Gulf of Tadjoura.


What the capitol of the country Djibouti?

Same as the country's name: Djibouti. It's also the largest city.


What is the capital of Djibouti?

The city of Djibouti is the capital of the country Djibouti.


What is djibouti's capital of country?

Djibouti is a place which lies in the north eastern part of Africa.It does not have a capital of itself.


Does Djibouti have deserts in it?

Yes, Djibouti is a hot, dry desert country.


Who are famous people in Djibouti?

The president of the Republic of Djibouti lives in Djibouti city, which is the capital. Djibouti is a country in Africa, located on the Gulf of Aden.


What are major cities of Djibouti?

The capital city of Djibouti is Djibouti, which contains about half of the population of the entire country. Other cities include Khor Angar, Obock, Tadjoura, Ali 'Sabieh, Dikhil, Yoboki, and Balho. Interestingly, the country of Djibouti is the least populated country in all of Africa.


Which continent is Djibouti?

Djibouti is physically located upon the Horn of Africa (north east Africa).


How many people live in Djibouti?

The population of the country of Djibouti is 516,055. The population of the capital city of Djibouti is estimated at 400,000 people.