Indicators of economy in Burundi
The essential economic performance of a country is reflected by the gross domestic product, the total of all goods and services sold. Worldwide gross domestic product in 2021 was at about 12,230 USD per capita. GDP in Burundi, on the other hand, reached USD 221 per capita, or 2.78 billion USD for the whole country. Burundi is currently at number 177 among the international economies and is therefore one of the less significant. If this is calculated per inhabitant, taking purchasing power parity into account, then Burundi ranks 190th in the list of the richest countries.Inflation in Burundi in 2021 was around 8.40%. Within the EU, the average in the same year was 2.55 percent. In the United States, it was most recently 4.70%.
Compared with the USA, prices for daily consumer goods are around 66.3 percent lower.
The index for perceived corruption in the public sector is 19, which is rather poor by global standards.
Back to overview: Burundi
Impact of the COVID-19 pandemic
Overall, the gross domestic product in Burundi in 2020 increased from 2.58 billion US dollars to 2.65 billion US dollars. Certainly, there have been shifts in numerous sectors of the economy, but a 2.8 percent increase has been rather unusual this year. While most countries have suffered significant losses, Burundi has certainly held its own. The unemployment rate rose from 1.6 to 1.7 percent. The consumer inflation rate has risen from -0.7 percent previously to 7.3 percent now.Unemployment rates in percentages 1991 - 2021
Economic performance 2021
Burundi Total | Burundi per capita | EU Total | EU per capita | |
---|---|---|---|---|
GDP | 2.78 bn USD | 221.48 USD | 17.177 tn USD | 33,384.92 USD |
Gross national product | 2.79 bn USD | 222.57 USD | 16.895 tn USD | 32,835.37 USD |
Development of gross domestic product in millions of USD 1960 - 2021
› Debt budget development
› Development of inflation
› Corruption in Burundi
› Cost of living in a global comparison
› Development of inflation
› Corruption in Burundi
› Cost of living in a global comparison
Imports and Exports 2018
Burundi Total | Burundi per capita | EU Total | EU per capita | |
---|---|---|---|---|
Imports | 905.29 m USD | 72.13 USD | 8.916 tn USD | 17,329.02 USD |
Exports | 285.11 m USD | 22.72 USD | 9.554 tn USD | 18,569.19 USD |
Development of imports and exports in millions of USD 1985 - 2018
Exports
Imports