Browse a full set of economic indicators

Burundi

Includes historical data for Burundi’s Gross Domestic Product growth, debt-to-GDP ratio and more, as well as information on trade, banking and financial sector leadership.

Weak Economy Worsened By Political Instability

Situated in Central Africa, this landlocked country of approximately 13 million people is one of the world’s poorest nations. A member of the East African Community (EAC), in recent years Burundi has taken steps to improve its political and economic governance, and to provide employment to its young and rapidly growing population beyond the dominant mining and agricultural sectors. The government has particularly focused its efforts on infrastructure development, including power plants, road projects, and port, airport and railway upgrades. However, foreign direct investment (FDI) faces significant deterrents, including an inefficient regulatory environment, bureaucratic barriers and an underdeveloped financial system. Corruption, a low-skilled workforce, and unreliable electricity supply are additional issues.

Today, Burundi continues to rely heavily on aid from bilateral and multilateral donors. Ethnic disputes, attempted coups d’état, and military encroachment on democratic institutions further complicate the situation.

Macroeconomy & Sovereign Data

Type of Government Presidential republic
Capital Gitega
Sovereign Ratings S&P: Not rated
Moody’s: Not rated
Fitch: Not rated
Total Population 13.7 million
Median Age 16.2
Adult Per Capita Income (PPP) 1,667.37
Total GDP (2023) 3.1 billion

Burundi GDP & Economic Overview

Most Recent Content

Burundi

Banking & Finance

Trade & Investment

Total Exports USD 871.8 million (2023)
Leading Exports Gold
Coffee
Tea
Raw Earth Metal Ores
Beer
Total Imports USD 127.2 million (2022)
Leading Imports Refined Petroleum
Packaged Medicines
Cement
Raw Sugar
Cars
Source: World Integrated Trade Solution

Burundi Leading Companies

Banque de Gestion et de Financement Financials
Interbank Financials
Brarudi Consumer Staples, Beverages
Burundi National Radio and Television Media, Broadcasting
Régie de Distribution d’Eau et d’Electricité Utilities
Econet Wireless Burundi Telecommunication Services
Socabu Financials, Insurance

Major Trade Partners — Import

China 18%
Saudi Arabia 12%
Tanzania 10%
India 9%
United Arab Emirates 7%

Source: World Integrated Trade Solution

Major Trade Partners — Export

United Arab Emirates 28%
Democratic Republic of the Congo 21%
Belgium 8%
Pakistan 6%
Tanzania 5%

Source: World Integrated Trade Solution


Data Sources:

IMF World Economic Outlook

UN World Population Prospects

World Inequality Report

S&P Global Ratings

Moody’s

Fitch Ratings

IMF Direction of Trade Statistics (DOTS)

UN Conference on Trade and Development (UNCTAD)

CIA The World Factbook

World Bank’s World Integrated Trade Solution

Forbes Global 2000

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