As a subject matter expert in international development and economics, I can provide an insightful analysis of Djibouti's status as a developed or developing country.

Djibouti, officially the Republic of Djibouti, is a country located in the Horn of Africa. It is bordered by Eritrea to the north, Ethiopia to the west and south, and Somalia to the southeast. The country has a strategic location near the world's busiest shipping lanes and acts as a gateway to the markets of the Horn of Africa and beyond.

**Economic Status and Development Indicators:**
To determine whether Djibouti is a developed or developing country, we must consider various economic and development indicators. The World Bank classifies countries based on their income levels into four categories: high-income, upper-middle-income, lower-middle-income, and low-income. As of my last update, Djibouti is classified as a lower-middle-income country. This classification is based on its Gross National Income (GNI) per capita, which is a significant indicator of a country's economic status.

Population Growth and Demographics:
The population growth rate of Djibouti, as mentioned, is high compared to developed countries but not exceptional for the developing world. A high population growth rate can be a double-edged sword; it can provide a youthful labor force that can drive economic growth, but it can also put pressure on resources and public services if not managed properly.

Economic Growth and Stability:
Economic growth is a key indicator of a country's development. Djibouti has experienced some economic growth in recent years, largely due to its strategic location and investments in infrastructure, such as the Doraleh Container Terminal and the Addis Ababa-Djibouti Railway. However, the country's economy is still vulnerable to fluctuations in global trade and regional stability.

Infrastructure and Services:
Infrastructure is a critical component of development. Djibouti has made significant strides in developing its port and transportation infrastructure, which serves as a hub for regional trade. However, challenges remain in areas such as access to clean water, healthcare, and education, which are essential for a country's overall development.

Human Development Index (HDI):
The United Nations Development Programme (UNDP) uses the Human Development Index (HDI) to measure a country's development based on life expectancy, education, and per capita income. Djibouti's HDI ranking indicates that it is in the category of countries with medium human development, further supporting its classification as a developing country.

Challenges and Opportunities:
Djibouti faces several challenges that are common to many developing countries, including poverty, unemployment, and inequality. However, the country also has opportunities for growth, particularly in sectors such as logistics, tourism, and renewable energy.

Conclusion:
Based on the economic indicators, population growth, infrastructure development, and human development index, Djibouti is classified as a developing country. It has the potential for growth and development, but it also faces significant challenges that need to be addressed to achieve sustainable and inclusive development.

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The population growth rate of 2.2% as of 2014 is high by developed country standards, but unexceptional for the developing world. Djibouti is the 40th-fastest-growing country globally. Djibouti is also a young country. ... As such, the demographic dynamics of the country are favourable for strong economic growth.read more >>