4 GeoFroggy

Economy Overview

In 2015, Burundi’s economy suffered from political turmoil over President NKURUNZIZA’s controversial third term. Blocked transportation routes disrupted the flow of agricultural goods. And donors withdrew aid, increasing Burundi’s budget deficit. When the unrest ends, regional infrastructure improvements driven by the EAC and funded by the World Bank may help improve Burundi’s transport connections and lower transportation costs.

Agriculture Products

coffee, cotton, tea, corn, sorghum, sweet potatoes, bananas, cassava (manioc, tapioca); beef, milk, hides

Industries

light consumer goods (blankets, shoes, soap, beer); assembly of imported components; public works construction; food processing

Industrial Production Growth Rate

-10.7% (2015 est.)

Labor Force

5.119 million (2015 est.)

Labor Force by Occupation

Agriculture: 93.6%

Industry: 2.3%

Services: 4.1% (2002 est.)

Unemployment Rate

NA%

Population Below Poverty Line

68% (2002 est.)

Household Income or Consumption by Percentage Share

Lowest 10%: 4.1%

Highest 10%: 28% (2006)

Distribution of Family Income Gini Index

42.4 (1998)

Budget

Revenues: $741.6 million

Expenditures: $903.7 million (2015 est.)

Public Debt

34.9% of GDP (2014 est.)

Central Bank Discount Rate

10% (31 December 2009)

Commercial Bank Prime Lending Rate

Stock of Narrow Money

$412.4 million (31 December 2014 est.)

Stock of Broad Money

$568.6 million (31 December 2014 est.)

Stock of Domestic Credit

$721.9 million (31 December 2014 est.)

Market Value of Publicly Traded Shares

$NA

Reserves of Foreign Exchange and Gold

$317.1 million (31 December 2014 est.)

Debt External

$690.2 million (31 December 2014 est.)

Stock of Direct Foreign Investment at Home

Stock of Direct Foreign Investment Abroad

Exchange Rates

1,261.07 (2011 est.)
Year

GDP Official Exchange Rate

  • $2.881 billion 2015 est.

Taxes and Other Revenues

  • 25.7% of GDP (2015 est.)

Budget Surplus or Deficit

  • -5.6% of GDP (2015 est.)

Fiscal Year

  • calendar year

GDP Purchasing Power Parity

    $7.683 billion (2013 est.)

GDP Real Growth Rate

    4.5% (2013 est.)

GDP Per Capital

    $900 (2013 est.)

Gross National Saving

    10.1% of GDP (2013 est.)

GDP Composition by end Use

  • Household consumption
    82.3%
  • Government consumption
    21.9%
  • Investment in fixed capital
    21.7%
  • Investment in inventories
    0%
  • Exports of goods and services
    7.1%
  • Imports of goods and services
    -32.9% (2015 est.)

GDP Composition by Sector of Origin

  • Agriculture
    42.9%
  • Industry
    16.7%
  • Services
    40.4% (2015 est.)

Inflation Rate Consumer Prices

    4.4% (2014 est.)

Current Account Balance

    -$544 million (2014 est.)

Exports

    $130.1 million (2014 est.)

Exports Partners

  • Germany
    12.3%
  • Pakistan
    10.7%
  • Democratic
    Republic
  • Uganda
    8.1%
  • Sweden
    7.8%
  • US
    7.1%
  • Belgium
    6.3%
  • Rwanda
    4.6%
  • France
    4.4%

Exports Commodities

    Coffee, tea, sugar, cotton, hides

Imports

    $913 million (2014 est.)

Imports Partners

  • Kenya
    15%
  • Saudi
    Arabia
  • Belgium
    9.9%
  • Tanzania
    8.3%
  • Uganda
    7.3%
  • China
    7.1%
  • India
    4.9%
  • France
    4%

Imports Commodities

    Capital goods, petroleum products, foodstuffs