TAG: Economy
Like many of its African peers, Djibouti has recorded robust economic growth in recent years, with its GDP expanding by 6.7% in 2017. This positive performance is largely a result of initiatives in line with Djibouti Vision 2035, the national development plan aimed at transforming the country into a middle-income economy, as well as a regional transport and logistics hub. In our inaugural Oxford Business Group Business Barometer: Djibouti CEO Survey, 68% of the 40 C-level executives surveyed believe Djibouti Vision 2035 will be successful or very successful in achieving its goals.
Like many of its African peers, Djibouti’s economy has performed positively in recent years, with GDP growing by 6.7% in 2017.
Despite a rising tide of international trade protectionism and ongoing political uncertainty at home, a significant majority of executives who participated in OBG’s second ever Thailand Business Barometer indicated that their firms planned significant capital investments in the year ahead.