Burundi Economy: from the All Country Info reference guide to country facts

Burundi Economy

Burundi Economy: A summary of information about Burundi Economy, from government research data as well as independent research and other sources.

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Burundi: Economy

Economy - overview
Burundi is a landlocked, resource-poor country
with an underdeveloped manufacturing sector. The economy is
predominantely agricultural with roughly 90% of the population
dependent on subsistence agriculture. Its economic health depends on
the coffee crop, which accounts for 80% of foreign exchange earnings.
The ability to pay for imports therefore rests largely on the vagaries
of the climate and the international coffee market. Since October 1993
the nation has suffered from massive ethnic-based violence which has
resulted in the death of perhaps 250,000 persons and the displacement
of about 800,000 others. Foods, medicines, and electricity remain in
short supply.
GDP
purchasing power parity - $4.2 billion (1999 est.)
GDP - real growth rate
-1% (1999 est.)
GDP - per capita
purchasing power parity - $730 (1999 est.)
GDP - composition by sector
agriculture: 46%
industry: 17%
services: 37% (1998 est.)
Population below poverty line
36.2% (1990 est.)
Household income or consumption by percentage share
lowest 10%: NA%
highest 10%: NA%
Inflation rate (consumer prices)
26% (1999 est.)
Labor force
1.9 million
Labor force - by occupation
agriculture 93%, government 4%, industry
and commerce 1.5%, services 1.5% (1983 est.)
Unemployment rate
NA%
Budget
revenues: $125 million
expenditures: $176 million, including capital expenditures of $NA
(2000 est.)
Industries
light consumer goods such as blankets, shoes, soap;
assembly of imported components; public works construction; food
processing
Industrial production growth rate
NA%
Electricity - production
127 million kWh (1998)
Electricity - production by source
fossil fuel: 1.57%
hydro: 98.43%
nuclear: 0%
other: 0% (1998)
Electricity - consumption
153 million kWh (1998)
Electricity - exports
0 kWh (1998)
Electricity - imports
35 million kWh
note: imports some electricity from Democratic Republic of the Congo
(1998)
Agriculture - products
coffee, cotton, tea, corn, sorghum, sweet
potatoes, bananas, manioc (tapioca); beef, milk, hides
Exports
$56 million (f.o.b., 1999)
Exports - commodities
coffee, tea, sugar, cotton, hides
Exports - partners
UK, Germany, Benelux, Switzerland (1998)
Imports
$108 million (f.o.b., 1999)
Imports - commodities
capital goods, petroleum products, foodstuffs
Imports - partners
Benelux, France, Zambia, Germany, Kenya, Japan
(1998)
Debt - external
$1.247 billion (1997 est.)
Economic aid - recipient
$1.344 billion (1999 est.)
Currency
1 Burundi franc (FBu) = 100 centimes
Exchange rates
Burundi francs (FBu) per US$1 - 626.79 (January 2000),
563.56 (1999), 477.77 (1998), 352.35 (1997), 302.75 (1996), 249.76
(1995)
Fiscal year
calendar year
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