Central Bank of Djibouti - Annual Report 2005

Djibouti's economy expanded by 3.2% in 2005. The growth was largely supported by a strong trading relationship with Ethiopia and improvements to the country's infrastructure.

The size of the budget deficit also fell from 5.4% of GDP in 2004 to 1.9% the following year.

Inflation rose slightly to 3.5% from 3.2% the previous year. The central bank blamed the rise on the increase in oil prices.

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