The extensive growth of industries in Djibouti
since the late 20th century has contributed to the economy of Djibouti. The private companies from Europe and USA have invested more than 200 million dollars in Djibouti since that period. The industries in Djibouti
have exploited the natural resources of Djibouti to strengthen the Gross Domestic Product (GDP) of Djibouti. According to the 2006 estimates, the Djibouti GDP was recorded to be 768 million dollars. The natural resources that have contributed extensively in drawing the private sectors to invest in Djibouti include:
- Energy resources – solar and geothermal
- Minerals – perlite, salt, limestone, gypsum,granite, marble, sand and gravel
The mining industries have always been the pride of Djibouti. The mining industries of Djibouti mostly concentrated on the mining of gold.
Agricultural activities form one of the important bases of the economy of Djibouti. The agro-industries have developed fairly in Djibouti and mainly deal with fruit and vegetable items.
The banking and insurance sectors form one of the other major industry types of Djibouti. The public works and construction industries have grown in a large scale since the year 2000. The cement industries have also grown in big numbers in Djibouti.
The industries of Djibouti export their items mostly to the countries like France, China, India, Ethiopia, Saudi Arabia, Somalia, and peninsular countries of Arabia.