Agriculture > products coffee, cotton, tea, corn, sorghum, sweet potatoes, bananas, manioc; beef, milk, hides |
|
Aid as % of GDP
|
13.5% |
|
[21st of 129]
|
|
Definition: Economy > Aid as % of GDP |
|
Source: CIA World Factbook, 28 July 2005 |
|
Debt > External
|
$1,200,000,000.00 |
|
[108th of 136]
|
|
Definition: Economy > Debt > External |
|
Source: calculated on the basis of data on ODA from OECD (Organisation for Economic Co-operation and Development), Development Assistance Committee. 2002. DAC Online. Database. Paris.; and data on GDP from World Bank. 2002. World Development Indicators 2002. CD-ROM. Washington, DC |
|
Distribution of family income > Gini index
|
42.4 |
|
[19th of 43]
|
|
Definition: Economy > Distribution of family income > Gini index |
|
Source: All CIA World Factbooks 18 December 2003 to 18 December 2008 |
Economy > Overview Burundi is a landlocked, resource-poor country with an underdeveloped manufacturing sector. The economy is predominantly agricultural with more than 90% of the population dependent on subsistence agriculture. Economic growth depends on coffee and tea exports, which account for 90% of foreign exchange earnings. The ability to pay for imports, therefore, rests primarily on weather conditions and international coffee and tea prices. The Tutsi minority, 14% of the population, dominates the government and the coffee trade at the expense of the Hutu majority, 85% of the population. An ethnic-based war that lasted for over a decade resulted in more than 200,000 deaths, forced more than 48,000 refugees into Tanzania, and displaced 140,000 others internally. Only one in two children go to school, and approximately one in 15 adults has HIV/AIDS. Food, medicine, and electricity remain in short supply. Burundi's GDP grew around 5% annually in 2006-07. Political stability and the end of the civil war have improved aid flows and economic activity has increased, but underlying weaknesses - a high poverty rate, poor education rates, a weak legal system, and low administrative capacity - risk undermining planned economic reforms. Burundi will continue to remain heavily dependent on aid from bilateral and multilateral donors; the delay of funds after a corruption scandal cut off bilateral aid in 2007 reduced government's revenues and its ability to pay salaries. |
|
Definition: Economy > Economy > Overview |
|
Source: All CIA World Factbooks 18 December 2003 to 18 December 2008 |
Exchange rates Burundi francs per US dollar - 1,100.91 (2004), 1,082.62 (2003), 930.75 (2002), 830.35 (2001), 720.67 (2000) |
|
Definition: Economy > Exchange rates |
|
Source: All CIA World Factbooks 18 December 2003 to 18 December 2008 |
|
Exports
|
$44,000,000.00 |
|
[151st of 189]
|
|
Definition: Economy > Exports |
|
Source: CIA World Factbook, 28 July 2005 |
|
GDP
|
$806,617,200.00 |
|
[151st of 203]
|
|
Definition: Economy > GDP |
|
Source: All CIA World Factbooks 18 December 2003 to 18 December 2008 |
|
GDP > PPP
|
$4,957,000,000.00 |
|
[139th of 163]
|
|
Definition: Economy > GDP > PPP |
|
Source: World Development Indicators database and CIA World Factbook |
|
GDP > Real growth rate
|
3.6% |
|
[134th of 198]
|
|
Definition: Economy > GDP > Real growth rate |
|
Source: World Bank. 2005. World Development Indicators 2005. |
|
GDP growth > annual %
|
0.91 annual %
|
|
[160th of 187]
|
|
Definition: Economy > GDP growth > annual % |
|
Source: All CIA World Factbooks 18 December 2003 to 18 December 2008 |
|
GINI index
|
42.39
|
|
[21st of 40]
|
|
Definition: Economy > GINI index |
|
Source: World Development Indicators database |
|
Gross National Income
|
$692,344,000.00 |
|
[144th of 172]
|
|
Definition: Economy > Gross National Income |
|
Source: World Development Indicators database |
|
Human Development Index
|
0.378 |
|
[170th of 178]
|
|
Definition: Economy > Human Development Index |
|
Income category
|
Low income |
|
|
|
Definition: Economy > Income category |
|
Source: Human Development Report 2006, United Nations Development Programme |
|
Income distribution > Poorest 10%
|
1.8% |
|
[86th of 114]
|
|
Definition: Economy > Income distribution > Poorest 10% |
|
Source: |
|
Income distribution > Richest 10%
|
32.9% |
|
[40th of 114]
|
|
Definition: Economy > Income distribution > Richest 10% |
|
Source: World Bank. 2002. World Development Indicators 2002. CD-ROM. Washington, DC |
|
Population below poverty line
|
68% |
|
[5th of 46]
|
|
Definition: Economy > Population below poverty line |
|
Source: World Bank. 2002. World Development Indicators 2002. CD-ROM. Washington, DC |
|
Research and development spending
|
0.3% |
|
[51st of 69]
|
|
Definition: Economy > Research and development spending |
|
Source: All CIA World Factbooks 18 December 2003 to 18 December 2008 |
|
Tourist arrivals
|
11,000 |
|
[147th of 152]
|
|
Definition: Economy > Tourist arrivals |
|
Source: World Bank. 2002. World Development Indicators 2002. CD-ROM. Washington, DC; aggregates calculated for the Human Development Report Office by the World Bank |