Economy of Djibouti

The economy of Djibouti is based on service activities connected with the country's strategic location[17] and status as a free trade zone in northeast Africa. Two-thirds of the inhabitants live in the capital city, the remainder being mostly nomadic herders. Scant rainfall limits crop production to fruits and vegetables, and most food must be imported.
Fishing boats docked at the Port of Djibouti.

In April 2005, the United Nations World Food Programme warned that 30,000 people in Djibouti face serious food shortages following three years of poor rains.[18]

Djibouti provides services as both a transit port for the region and an international transshipment and refueling center. It has few natural resources and little industry. The nation is, therefore, heavily dependent on foreign assistance to help support its balance of payments and to finance development projects. Daniel R. Sutton, an American salt miner, is also overseeing some $70 million operation to industrialize the collection of Djibouti’s plentiful salt in the Region Lake Asal.

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