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TOOL · GROSS COST

How much would a basic income cost in Djibouti?

Calculate the gross annual cost of paying a monthly amount to the country’s adult and child population.

Adult population 811,965child population 340,979year 2023World Bank WDI

GROSS ANNUAL COST

9,432 million

in DJFDJF 9,431,563,200

Equal to 1.4% of reference GDP

Population covered: 1,152,944 people

Adults: 811,965 × DJF 800 × 12 = DJF 7,794,864,000

Children: 340,979 × DJF 400 × 12 = DJF 1,636,699,200

DJF 7,794,864,000 + DJF 1,636,699,200 = DJF 9,431,563,200

Offset benefits, recovered tax, administrative savings and later economic effects are not deducted. This is a gross cost, not a net cost.

Sources and method

Population 2023 · World Bank WDI

GDP 2023 · $3,898,447,007 · World Bank WDI

Currency DJF · exchange rate 177.7210 DJF/USD (2023)

Converted cost $53,069,492 for the GDP share.