Djibouti’s geostrategic location at the entrance to the Red Sea makes it a key player in maritime activities and trade, though it remains vulnerable to fluctuations in global trade and Ethiopia’s political and economic stability, as 80% of its port traffic depends on Ethiopian freight. The government continues to implement its National Development Plan (2020-2024) and Vision 2035, both aimed at reinforcing Djibouti’s role as a regional trade and logistics hub.
In terms of financial infrastructure, Djibouti’s payment systems involve the Central Bank of Djibouti (BCD), commercial banks, financial institutions, and PSPs. The BCD has made strides in modernizing the country’s payment systems, introducing the Hybrid National Payment System, which includes both the RTGS and ACH, to enhance financial market efficiency.
Global & local card schemes & wallets
Digital wallets
Cards
Online payment platforms
MuchBetter
Trade exchange
Export
of goods as a % of total
Ethiopia
38%
Somalia, Somali Republic
23%
Yemen
7%
Brazil
6%
Qatar
5%
Import
of goods as a % of total
Europe
18%
United Arab Emirates
18%
China
14%
Taiwan (Republic of China)
6%
Saudi Arabia
6%
eCommerce stores monthly sales by industry
Arts & Entertainment
67.13%
Computers
4.82%
Beauty & Fitness
4.22%
Home & Garden
3.51%
Consumer Electronics
0.73%
Food & Drink
0.70%
Smoking & Vaping
0.70%
Jobs & Education
0.66%
Finance
0.12%
Travel
0.12%
Proportion of population using credit cards
54%
Banks in Djibouti
Central Bank of Djibouti
Banque Al Baraka Djibouti
Banque de Djibouti et du Moyen Orient SA
Banque Indosuez Mer Rouge
Banque pour le Commerce et l’Industrie – Mer Rouge