Countries
Burundi
Key Economic Indicators
$16.79 billion
$1,195
4.11%
20.21%
0.92%
$2.162 billion (2024 est.)
48.4% of GDP (2016 est.)
$-474,985,726
Economic Overview
highly agrarian, low-income Sub-Saharan economy; declining foreign assistance; increasing fiscal insolvencies; dense and still growing population; COVID-19 weakened economic recovery and flipped two years of deflation
All Economic Data
Agricultural products
cassava, bananas, sweet potatoes, beans, maize, vegetables, potatoes, rice, sugarcane, fruits (2023)
note:
<b>note:</b> top ten agricultural products based on tonnage
Budget
Expenditures:
$737.898 million (2021 est.)
Note:
<b>note:</b> central government revenues and expenses (excluding grants/extrabudgetary units/social security funds) converted to US dollars at average official exchange rate for year indicated
Revenues:
$713.694 million (2021 est.)
Currency
code:
BIF
name:
Burundian franc (BIF) [Fr]
Current account balance
$-474,985,726
Current account balance 2021:
-$393.88 million (2021 est.)
Current account balance 2022:
-$621.969 million (2022 est.)
Current account balance 2023:
-$625.597 million (2023 est.)
Note:
<b>note:</b> balance of payments - net trade and primary/secondary income in current dollars
Debt - external
$1.02 billion
Debt - external 2023:
$805.174 million (2023 est.)
Note:
<b>note:</b> present value of external debt in current US dollars
Exchange rates
Currency:
Burundi francs (BIF) per US dollar -
Exchange rates 2019:
1,845.623 (2019 est.)
Exchange rates 2020:
1,915.046 (2020 est.)
Exchange rates 2021:
1,975.951 (2021 est.)
Exchange rates 2022:
2,034.307 (2022 est.)
Exchange rates 2023:
2,574.052 (2023 est.)
Exports
Exports 2021:
$302.752 million (2021 est.)
Exports 2022:
$333.637 million (2022 est.)
Exports 2023:
$378.229 million (2023 est.)
Note:
<b>note:</b> balance of payments - exports of goods and services in current dollars
Exports - commodities
gold, coffee, tea, tin ores, iron bars (2023)
note:
<b>note:</b> top five export commodities based on value in dollars
Exports - partners
UAE 59%, Uganda 8%, China 5%, Germany 5%, USA 3% (2023)
note:
<b>note:</b> top five export partners based on percentage share of exports
Foreign direct investment
net inflows:
$33.32 million
GDP - composition, by end use
Exports of goods and services:
5.3% (2023 est.)
Government consumption:
30.7% (2023 est.)
Household consumption:
75.9% (2023 est.)
Imports of goods and services:
-24.4% (2023 est.)
Investment in fixed capital:
13.1% (2023 est.)
Investment in inventories:
0% (2023 est.)
Note:
<strong>note:</strong> figures may not total 100% due to rounding or gaps in data collection
GDP - composition, by sector of origin
Agriculture:
25.3% (2023 est.)
Industry:
9.6% (2023 est.)
Note:
<b>note:</b> figures may not total 100% due to non-allocated consumption not captured in sector-reported data
Services:
49% (2023 est.)
GDP (official exchange rate)
$2.162 billion (2024 est.)
note:
<b>note:</b> data in current dollars at official exchange rate
GDP per capita (nominal)
$219
Gini Index coefficient - distribution of family income
38.6 (2013)
Gini Index coefficient - distribution of family income 2020:
37.5 (2020 est.)
Note:
<b>note:</b> index (0-100) of income distribution; higher values represent greater inequality
GNI (gross national income)
$3.09 billion
GNI per capita
$260
Household income or consumption by percentage share
Highest 10%:
29.9% (2020 est.)
Lowest 10%:
2.9% (2020 est.)
Note:
<b>note:</b> % share of income accruing to lowest and highest 10% of population
Imports
Imports 2021:
$1.166 billion (2021 est.)
Imports 2022:
$1.42 billion (2022 est.)
Imports 2023:
$1.433 billion (2023 est.)
Note:
<b>note:</b> balance of payments - imports of goods and services in current dollars
Imports - commodities
fertilizers, cement, packaged medicine, plastic products, cars (2023)
note:
<b>note:</b> top five import commodities based on value in dollars
Imports - partners
Tanzania 26%, China 15%, Uganda 10%, Kenya 10%, India 6% (2023)
note:
<b>note:</b> top five import partners based on percentage share of imports
Industrial production growth rate
-0.2% (2024 est.)
note:
<b>note:</b> annual % change in industrial value added based on constant local currency
Industries
light consumer goods (sugar, shoes, soap, beer); cement, assembly of imported components; public works construction; food processing (fruits)
Inflation rate (consumer prices)
20.21%
Inflation rate (consumer prices) 2022:
18.8% (2022 est.)
Inflation rate (consumer prices) 2023:
26.9% (2023 est.)
Inflation rate (consumer prices) 2024:
20.2% (2024 est.)
Note:
<b>note:</b> annual % change based on consumer prices
Labor force
6.107 million (2024 est.)
note:
<b>note:</b> number of people ages 15 or older who are employed or seeking work
total:
6.31 million persons
Labor force - by occupation
agriculture:
85.34%
industry:
3.1%
services:
11.56%
Population below poverty line
51% (2020 est.)
note:
<strong>note:</strong> % of population with income below national poverty line
Public debt
Public debt 2016:
48.4% of GDP (2016 est.)
Real GDP (purchasing power parity)
$16.79 billion
Note:
<b>note:</b> data in 2021 dollars
Real GDP (purchasing power parity) 2022:
$11.048 billion (2022 est.)
Real GDP (purchasing power parity) 2023:
$11.343 billion (2023 est.)
Real GDP (purchasing power parity) 2024:
$11.739 billion (2024 est.)
Real GDP growth rate
4.11%
Note:
<b>note:</b> annual GDP % growth based on constant local currency
Real GDP growth rate 2022:
1.8% (2022 est.)
Real GDP growth rate 2023:
2.7% (2023 est.)
Real GDP growth rate 2024:
3.5% (2024 est.)
Real GDP per capita
$1,195
Note:
<b>note:</b> data in 2021 dollars
Real GDP per capita 2022:
$800 (2022 est.)
Real GDP per capita 2023:
$800 (2023 est.)
Real GDP per capita 2024:
$800 (2024 est.)
Remittances
$236.89 million
Note:
<b>note:</b> personal transfers and compensation between resident and non-resident individuals/households/entities
Remittances 2021:
6.1% of GDP (2021 est.)
Remittances 2022:
4.9% of GDP (2022 est.)
Remittances 2023:
7.5% of GDP (2023 est.)
Reserves of foreign exchange and gold
$90.35 million
Note:
<b>note:</b> holdings of gold (year-end prices)/foreign exchange/special drawing rights in current dollars
Reserves of foreign exchange and gold 2021:
$266.164 million (2021 est.)
Reserves of foreign exchange and gold 2022:
$158.53 million (2022 est.)
Reserves of foreign exchange and gold 2023:
$90.35 million (2023 est.)
Revenue (excl grants)
14 % of GDP
Tax revenue
13 % of GDP
Taxes and other revenues
15.6% (of GDP) (2021 est.)
note:
<strong>note:</strong> central government tax revenue as a % of GDP
Unemployment rate
0.92%
Note:
<b>note:</b> % of labor force seeking employment
Unemployment rate 2022:
1% (2022 est.)
Unemployment rate 2023:
1% (2023 est.)
Unemployment rate 2024:
1% (2024 est.)
Youth unemployment rate (ages 15-24)
Female:
1.2% (2024 est.)
Male:
2.1% (2024 est.)
Note:
<b>note:</b> % of labor force ages 15-24 seeking employment
Total:
1.6% (2024 est.)
World Bank Indicators
Currency
Belarusian ruble (BYN) Br (2025)
Exports (US$)
$49.42B (2024)
External Debt
$34.22B (2024)
FDI Net Inflows (US$)
$1.74B (2024)
GDP Growth (%)
4.01 (2024)
Gdp Nominal
$75.96B (2024)
GDP Per Capita
8,318 (2024)
Gini Index
25.30 (2019)
Imports (US$)
$50.78B (2024)
Inflation Rate (%)
5.79 (2024)
Languages
Belarusian, Russian (2025)
Reserves
$8.91B (2024)
Unemployment Rate (%)
3.46 (2024)
Youth Unemployment
10.54 (2024)
Economic Rankings
Inflation Rate
#27
Gini Index
#76
External Debt
#111
GDP Growth Rate
#127
GDP (PPP)
#153
Reserves
#169
Imports
#172
GDP (Nominal)
#175
Unemployment Rate
#176
Exports
#180
GDP per Capita
#188
Quick Facts
Industries
light consumer goods (sugar, shoes, soap, beer); cement, assembly of imported components; public works construction; food processing (fruits)
Agricultural products
cassava, bananas, sweet potatoes, beans, maize, vegetables, potatoes, rice, sugarcane, fruits (2023)
Labor force
6.107 million (2024 est.)
Exports - partners
UAE 59%, Uganda 8%, China 5%, Germany 5%, USA 3% (2023)
Imports - partners
Tanzania 26%, China 15%, Uganda 10%, Kenya 10%, India 6% (2023)
Exchange rates
Burundi francs (BIF) per US dollar -
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