21, Nov 2009, CST. Welcome to the Burundi economic statistics pages provided by the beta version of EconomyWatch.com’s Econ Stats database.
Economic Indicators For: Burundi › Change country
National or Regional Currency: Burundi Franc, BIF
Year of data: 2008 › Change year
Number of Indicators Listed: 19
Full Dataset: From Year 1980 to 2013
Date of Last Update: 1 Sept 2009
Population: 8988091
note: estimates for this country explicitly take into account the effects of excess mortality due to AIDS; this can result in lower life expectancy, higher infant mortality, higher death rates, lower population growth rates, and changes in the dis
Area: total: 27,830 sq km
land: 25,650 sq km
water: 2,180 sq km
Natural Resources: nickel, uranium, rare earth oxides, peat, cobalt, copper, platinum, vanadium, arable land, hydropower, niobium, tantalum, gold, tin, tungsten, kaolin, limestone
Government Type: Burundi government type
Government Ministers: Burundi ministers
Capital: Bujumbura
Data Sources: IMF, World Bank, UN, OECD, CIA World Factbook
Burundi is a landlocked, resource-poor nationwith an underdeveloped industrial manufacturing sector. Its economy is predominantly agricultural, agrarian, fisheries and farming with more than 90 per cent of the general populace dependent on subsistence Agriculture, fisheries and farming. growth of the economy depends on coffee and tea exports, which account for 90 per cent of foreign currency exchange revenues. The ability to pay for imports rests primarily on weather conditions and international coffee and tea prices or pricing. The Tutsi minority, 14 per cent of the general populace, dominates the coffee trade (imports and exports). An ethnic-based war that lasted for over a ten years 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 about one in 15 adults has HIV/AIDS. Food stuffs, medicine, and electric power remain in short supply. Burundi's Gross Domestic Product (GDP) grew around 5 per cent annually in 2006-07, before increasing to 6 per cent in 2008. 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 depressed administrative capability - risk undermining planned economic reform. Burundi will perpetuate to remain heavily dependent on aid from bilateral and multilateral donors; the delay of investment after a corruption (including cronyism and nepotism) scandal cut off bilateral aid in 2007 reduction ofd government's earnings and its ability to pay salaries.
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Burundi Economy
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| For Burundi in year 2008 | Indicator Value | |
|---|---|---|
| GDP Growth (Constant Prices, National Currency) | 4.53 % | |
| GDP (Current Prices, National Currency) | BIF 1,378.49 Billion. | |
| GDP (Current Prices, US Dollars) | US$ 1.097 Billion | |
| GDP Deflator | 212.783 (Index, Base Year as per country's accounts = 100) | |
| GDP Per Capita (Constant Prices, National Currency) | BIF 81,495.37 . | |
| GDP Per Capita (Current Prices, National Currency) | BIF 173,408.21 . | |
| GDP Per Capita (Current Prices, US Dollars) | US$ 137.97 | |
| Output Gap, Percent of Potential GDP | - | |
| GDP (PPP), US Dollars | US$ 3.094 Billion | |
| GDP Per Capita (PPP), US Dollars | US$ 389.246 | |
| GDP Share of World Total (PPP) | 0.004 % | |
| Implied PPP Conversion Rate | 445.498 | |
| Investment (% of GDP) | - | |
| Gross National Savings (% of GDP) | - | |
| Inflation, Average Consumer Prices (Indexed to Year 2000) | 202.593 (Index, Base Year 2000 = 100) | |
| Inflation (Average Consumer Price Change %) | 24.436 % | |
| Inflation, End of Year (Indexed to Year 2000) | 211.782 (Index, Base Year 2000 = 100) | |
| Inflation (End of Year Change %) | 25.664 % | |
| Six-month London Interbank Offered Rate (LIBOR) Change % | - | |
| Unemployment Rate (% of Labour Force) | - | |
| Employment | - | |
| Population | 7.949 Million | |
| General Government Balance (National Currency) | - | |
| General Government Balance (% of GDP) | - | |
| General Government Structural Balance (National Currency) | - | |
| General Government Structural Balance (% Potential GDP) | - | |
| General Government Net Debt (National Currency) | - | |
| General Government Net Debt (% GDP) | - | |
| General Government Gross Debt (National Currency) | - | |
| General Government Gross Debt (% GDP) | - | |
| Current Account Balance (US Dollars) | US$ -0.122 Billion | |
| Current Account Balance (% GDP) | -11.096 % |
GDP (Constant Prices, National Currency) for Burundi in year 2008 is BIF 647.838 Billion. Real GDP is expressed in billions of national currency units; the base year is country-specific.
GDP Growth (Constant Prices, National Currency) for Burundi in year 2008 is 4.53 %. Annual percentages of constant price GDP are year-on-year changes; the base year is country-specific.
GDP (Current Prices, National Currency) for Burundi in year 2008 is BIF 1,378.49 Billion. GDP is expressed in billions of national currency units.
GDP (Current Prices, US Dollars) for Burundi in year 2008 is US$ 1.097 Billion. Values are based upon GDP in national currency and the exchange rate projections provided by country economists for the group of other emerging market and developing countries. Exchanges rates for advanced economies are established in the WEO assumptions for each WEO exercise.
GDP Deflator for Burundi in year 2008 is 212.783 (Index, Base Year as per country's accounts = 100). The GDP deflator is derived by dividing current price GDP by constant price GDP and is considered to be an alternate measure of inflation. Please note: Data are expressed in the base year of each country's national accounts.
GDP Per Capita (Constant Prices, National Currency) for Burundi in year 2008 is BIF 81,495.37 . GDP is expressed in constant national currency per person. Data are derived by dividing constant price GDP by total population.
GDP Per Capita (Current Prices, National Currency) for Burundi in year 2008 is BIF 173,408.21 . GDP is expressed in current national currency per person. Data are derived by dividing current price GDP by total population.
GDP Per Capita (Current Prices, US Dollars) for Burundi in year 2008 is US$ 137.97 . GDP is expressed in current U.S. dollars per person. Data are derived by first converting GDP in national currency to U.S. dollars and then dividing it by total population.
Output Gap, Percent of Potential GDP for Burundi in year 2008 is not available
GDP (PPP), US Dollars for Burundi in year 2008 is US$ 3.094 Billion. These data form the basis for the country weights used to generate the World Economic Outlook country group composites for the domestic economy. Please note: The IMF is not a primary source for purchasing power parity (PPP) data. WEO weights have been created from primary sources and are used solely for purposes of generating country group composites. For primary source information, please refer to one of the following sources: the Organization for Economic Cooperation and Development, the World Bank, or the Penn World Tables. For further information see Box A2 in the April 2004 World Economic Outlook, Box 1.2 in the September 2003 World Economic Outlook for a discussion on the measurem
GDP Per Capita (PPP), US Dollars for Burundi in year 2008 is US$ 389.246 . These data form the basis for the country weights used to generate the World Economic Outlook country group composites for the domestic economy. Please note: The IMF is not a primary source for purchasing power parity (PPP) data. WEO weights have been created from primary sources and are used solely for purposes of generating country group composites. For primary source information, please refer to one of the following sources: the Organization for Economic Cooperation and Development, the World Bank, or the Penn World Tables. For further information see Box A2 in the April 2004 World Economic Outlook, Box 1.2 in the September 2003 World Economic Outlook for a discussion on the measurem
GDP Share of World Total (PPP) for Burundi in year 2008 is 0.004 %. These data form the basis for the country weights used to generate the World Economic Outlook country group composites for the domestic economy. Please note: The IMF is not a primary source for purchasing power parity (PPP) data. WEO weights have been created from primary sources and are used solely for purposes of generating country group composites. For primary source information, please refer to one of the following sources: the Organization for Economic Cooperation and Development, the World Bank, or the Penn World Tables. For further information see Box A2 in the April 2004 World Economic Outlook, Box 1.2 in the September 2003 World Economic Outlook for a discussion on the measurem
Implied PPP Conversion Rate for Burundi in year 2008 is 445.498 . These data form the basis for the country weights used to generate the World Economic Outlook country group composites for the domestic economy. Please note: The IMF is not a primary source for purchasing power parity (PPP) data. WEO weights have been created from primary sources and are used solely for purposes of generating country group composites. For primary source information, please refer to one of the following sources: the Organization for Economic Cooperation and Development, the World Bank, or the Penn World Tables. For further information see Box A2 in the April 2004 World Economic Outlook, Box 1.2 in the September 2003 World Economic Outlook for a discussion on the measurem
Investment (% of GDP) for Burundi in year 2008 is not available
Gross National Savings (% of GDP) for Burundi in year 2008 is not available
Inflation, Average Consumer Prices (Indexed to Year 2000) for Burundi in year 2008 is 202.593 (Index, Base Year 2000 = 100). Data for inflation are averages for the year, not end-of-period data. The index is based on 2000=100.
Inflation (Average Consumer Price Change %) for Burundi in year 2008 is 24.436 %. Data for inflation are averages for the year, not end-of-period data.
Inflation, End of Year (Indexed to Year 2000) for Burundi in year 2008 is 211.782 (Index, Base Year 2000 = 100). Data for inflation are end of the period, not annual average data. The index is based on 2000=100.
Inflation (End of Year Change %) for Burundi in year 2008 is 25.664 %. Data for inflation are end of the period, not annual average data.
Six-month London Interbank Offered Rate (LIBOR) Change % for Burundi in year 2008 is not available
Unemployment Rate (% of Labour Force) for Burundi in year 2008 is not available
Employment for Burundi in year 2008 is not available
Population for Burundi in year 2008 is 7.949 Million .
General Government Balance (National Currency) for Burundi in year 2008 is not available
General Government Balance (% of GDP) for Burundi in year 2008 is not available
General Government Structural Balance (National Currency) for Burundi in year 2008 is not available
General Government Structural Balance (% Potential GDP) for Burundi in year 2008 is not available
General Government Net Debt (National Currency) for Burundi in year 2008 is not available
General Government Net Debt (% GDP) for Burundi in year 2008 is not available
General Government Gross Debt (National Currency) for Burundi in year 2008 is not available
General Government Gross Debt (% GDP) for Burundi in year 2008 is not available
Current Account Balance (US Dollars) for Burundi in year 2008 is US$ -0.122 Billion. Balance of payments data are based upon the methodology of the 5th edition of the International Monetary Fund's Balance of Payments Manual (1993). Data for the world total reflects errors, omissions, and asymmetries in balance of payments statistics on current account, as well as the exclusion of data for international organizations and a limited number of countries. Calculated as the sum of the balance of individual countries.
Current Account Balance (% GDP) for Burundi in year 2008 is -11.096 %. Balance of payments data are based upon the methodology of the 5th edition of the International Monetary Fund's Balance of Payments Manual (1993). Data for the world total reflects errors, omissions, and asymmetries in balance of payments statistics on current account, as well as the exclusion of data for international organizations and a limited number of countries. Calculated as the sum of the balance of individual countries.