GFmag Online Readers Survey 2012
Burundi


Burundi Country Report: GDP data and GDP forecasts; economic, financial and trade information; the best banks in Burundi; country and population overview

DATA ON GDP AND ECONOMIC INFORMATION
Central bankBank of the Republic of Burundi
International ReservesUS$ 332.085 million (Source: World Bank; Data updated: November 2010)
Gross Domestic Product - GDPUS$ 1.655 billion (2009 estimate)
GDP (Purchasing Power Parity)3.588 billion of International dollars (2009 estimate)
Real GDP growth
20002001200220032004200520062007
-0.9%2.1%4.4%-1.2%4.8%0.9%5.1%3.6%
2008200920102011*
4.5%3.5%3.9%4.5%

*Estimate

GDP per capita - current pricesUS$ 196 (2010 estimate)
GDP per capita - PPP$425 International Dollars (2010 estimate)
GDP (PPP) - share of world total
19801990200020102015**
0.01%0.01%0.01%0.01%0.01%

**Forecast

GDP - composition by sector
  • agriculture: 31.1% 
  • industry: 21.5% 
  • services: 47.4% (2011 estimate)
  • (Data released on February 2012)

Gross domestic expenditure on R&D (% of GDP)N/A

(Data released on November 2010)

Inflation
2008200920102011*
24.4%(2008)10.7%6.4%8.4%

*Estimate

Unemployment rate
2008200920102011*
N/AN/AN/A(2009)N/A

*Estimate

Household saving ratesN/A

(Data released on November 2010)

Public debt (General government gross debt as a % of GDP)
20072008200920102011*
177.8%153.8%48.2%47.5%46.2%

*Estimate

Public deficit (General government net lending/borrowing as a % of GDP)
2007200820092010*2011**
1%-0.7%60.1%-3.1%-3.9%

*Estimate    **Forecast

Government bond ratings

Standard & Poor's: N/A

Moody's rating: N/A

Moody's outlook: N/A

(Foreign Currency Government Bond Ratings; Data last updated Nov 2010)

Market value of publicly traded shares
200720082009
N/AN/AN/A
Largest companies in BurundiN/A
DATA ON TRADE AND COMPETITIVENESS
Current account balanceUS$ -0.3 billion (2009 estimate)(After 2008)
Current account balance by percentage of GDP-15.8% of GDP (2009 estimate)(2009)
Exports as percent of GDP

(Exports of goods and services)

10.7% (2006)

(Data released on December 2010)

Shares in world total merchandising export0%(2007)

(Data were released in Nov 2011 and refer to 2010)

Shares in world total commercial services export0%(2007)

(Data were released in Nov 2011 and refer to 2010)

Total exportsUS$71 million f.o.b. (2010 estimate)
Export commoditiescoffee, tea, sugar, cotton, hides
Total importsUS$307 million f.o.b. (2008 estimate)
Import commoditiescapital goods, petroleum products, foodstuffs
Exports - major partnersGermany 31.3%, Pakistan 6.8%, Belgium 5.8%, Sweden 4.3%, Rwanda 4.3%, France 4.2%, Sudan 4% (2007)
Imports - major partnersSaudi Arabia 17%, Kenya 11.4%, Belgium 8.7%, France 6.1%, Uganda 5.4%, Germany 5.4%, India 4.8%, Pakistan 4.2% (2007)
FDI inflows
200820092010
US$14 millionUS$10 million(2009)US$14 million(2009)
FDI outflows
200820092010
N/AN/AN/A
Value of cross-border M&A, by country of purchaser
2008200920102011
N/AN/A(2009)N/A(2009)N/A
Cross-border M&A deals worth over $3 billion completed in 2008

(Acquiring company, Acquired company, Country of the acquired company, Value of the deal)

N/A

(for a monthly update on M&A click here )

Cross-border M&A deals worth over $3 billion completed in 2010

(Acquiring company, Acquired company, Country of the acquired company, Value of the deal)

N/A(2008 estimate)

(for a monthly update on M&A click here )

Best countries for doing business

World Bank/IFC Doing Business Project

(Economies are ranked on their ease of doing business, from 1 – 183. A high ranking means the regulatory environment is more conducive to the starting and operation of a local firm.)

Overall ranking: 181 out of 183 countries(2009) (2010)

Subcategories:

Starting a business: 135 out of 183 countries(2009)

Registering property: 115 out of 183 countries

Paying Taxes: 141 out of 183 countries

Getting credit: 168 out of 183 countries

Protecting investors: 154 out of 183 countries

Trading across border: 176 out of 183 countries

Enforcing Contracts: 171 out of 183 countries

(2010)

Global competitiveness ranking
(ranking by country on a basis of 142, the first is the best)
140

(2011/2012)

Index of Economic Freedom

WSJ and Heritage Foundation

Ranking: 148 Score: 49.6 (Repressed) (2009)

(100=totally free 0=totally repressed )

COUNTRY AND POPULATION OVERVIEW
Time zoneUTC+2
Total area 27,834 km2 (2006)
CapitalBujumbura (2009)
CurrencyBurundi francs (BIF) (2009)
Government typerepublic (2009)
LanguagesKirundi (official), French (official), Swahili (along Lake Tanganyika and in the Bujumbura area)
ReligionsChristian 67% (Roman Catholic 62%, Protestant 5%), indigenous beliefs 23%, Muslim 10%
Total population
1980199020002010*2015**
4.09 million5.46 million6.43 million8.27 million9.13 million

*Estimate    **Forecast

Urban population as % of total population
1960198020002009
2%4.3%8.3%10.7%
Population median age17.0 years (2006)
Population growth rate2.8% (2009)
Life expectancy49 years (2007)
Adult literacy59% (2000/2007)
% of population living on less than $2 a day93.45% (2011)
Inequality of wealth distribution (Gini index)

33.3 (2006)

(0=perfect equality, 100=absolute inequality)

Freedom House rating

Political Rights:5
Civil Liberties:5 (2010)

(1 represents the most free, 7 the least free)

Total telephone subscribers as % of population

14.11% (2010)

(sum of fixed telephone lines and mobile cellular subscribers)

Internet users as % of total population2.1% (Data were released in 2011 and refer to 2010)
Cost of living index

(ranking by city on a basis of 214; the 1st is the most expensive and the 214th is the least expensive)

N/A

CO2 emissions
(Metric tons of CO2 per capita)

0.0223 (2008)

GLOBAL FINANCE RANKINGS AND AWARDS
ARTICLES AND COUNTRIES REPORTS FROM GLOBAL FINANCE ARCHIVE