Economy of Burundi

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Economy of Burundi
BujumburaFromCathedral.jpg
Bujumbura, Burundi's largest city
Currency Burundian franc (BIF, FBu)
Calendar year
Trade organisations
AU, AfCFTA (signed), WTO
Country group
Statistics
GDP
GDP rank
GDP growth
  • Increase2.svg 3.5% (2024) [3]
  • Increase2.svg 1.9% (2025) [3]
  • Increase2.svg 2.6% (2026f) [3]
  • Increase2.svg 2.8% (2027f) [3]
GDP per capita
  • Increase2.svg $489 (nominal; 2025) [3]
  • Increase2.svg $1,020 (PPP; 2025) [3]
GDP per capita rank
GDP by sector
agriculture (32.9%), industry (21.3%), services (45.8%) (2008)
200% (2024 est.) [4]
Population below poverty line
1% (2010)
  • Increase2.svg 0.439 low (2023) [5] (187th)
  • 0.296 IHDI (2018) [6]
Labour force
4.08 million (2010)
Labour force by occupation
agriculture (89%), industry (5.3%, services (4.1%) (2002)
Unemployment90% (2023)
Main industries
light consumer goods such as blankets, shoes, soap, assembly of imported components, public works construction, food processing
Agriculture: coffee, cotton, tea, corn, sorghum, sweet potatoes, bananas, manioc (tapioca); beef, milk, hides
External
Exports$208 million (2022)
Export goods
coffee, tea, sugar, cotton, hides
Main export partners
Flag of Germany.svg Germany 15.2%
Flag of Pakistan.svg Pakistan 9.3%
Flag of Kenya.svg Kenya 8.5%
Flag of the People's Republic of China.svg China 7.8%
Flag of Sweden.svg Sweden 7.3%
Flag of Belgium (civil).svg Belgium 5.3%
Flag of Canada (Pantone).svg Canada 4.6%
Flag of Rwanda.svg Rwanda 4.5%
Flag of the United States.svg United States 4.2% (2018 est.) [7]
Imports$1.260 billion (2022)
Import goods
capital goods, petroleum products, foodstuffs
Main import partners
Flag of Saudi Arabia.svg Saudi Arabia 17.3%
Flag of the People's Republic of China.svg China 8.1%
Flag of Uganda.svg Uganda 7.8%
Flag of Belgium (civil).svg Belgium 7.2%
Flag of Kenya.svg Kenya 6.9%
Flag of Zambia.svg Zambia 6.7%
Flag of India.svg India 5.6%
Flag of the United Arab Emirates.svg United Arab Emirates 5.3% (2018 est.) [8]
$820 million (2010)
Public finances
$412.2 million
Revenues$350.4 million (2018)
Expenses$351.3 million (2017)
Economic aid$90.7 million (2010)
All values, unless otherwise stated, are in US dollars.

The economy of Burundi is $6.75 billion by gross domestic product as of 2025, being heavily dependent on agriculture, which accounts for 32.9% of gross domestic product as of 2008. Burundi itself is a landlocked country lacking resources, and with almost nonexistent industrialization. Agriculture supports more than 70% of the labor force, the majority of whom are subsistence farmers.

Contents

Although Burundi is potentially self-sufficient in food production, issues such as civil unrest, overpopulation, and soil erosion have contributed to the contraction of the subsistence economy by 25% in recent years. Large numbers of internally displaced persons have been unable to produce their own food and are largely dependent on international humanitarian assistance. Burundi is a net food importer, with food accounting for 17% of imports in 1997. Burundi is a least developed country according to the United Nations.

Agriculture

Burundi produced in 2022:

In addition to smaller productions of other agricultural products, like sorghum (25 thousand tons) and coffee (17 thousand tons). [9]

Industry

Little industry exists except for the processing of agricultural exports. Although potential wealth in petroleum, nickel, copper, and other natural resources is being explored, the uncertain security situation has prevented meaningful investor interest. Industrial development also is hampered by Burundi's distance from the sea and high transport costs. Lake Tanganyika remains an important trading point. The trade embargo, lifted in 1999, negatively impacted trade and industry. Since October 1993 the nation has suffered from massive ethnic-based violence which has resulted in the death of perhaps 250,000 people and the displacement of about 800,000 others. Foods, medicines, and electricity remain in short supply.

Burundi is heavily dependent on bilateral and multilateral aid, with external debt totaling $1.247 billion (1.247 G$) in 1997. A series of largely unsuccessful 5-year plans initiated in July 1986 in partnership with the World Bank and the International Monetary Fund attempted to reform the foreign exchange system, liberalize imports, reduce restrictions on international transactions, diversify exports, and reform the coffee industry.

Goat rearing has been promoted as a source of income for rural-dwelling Burundians. Karuzi Burundi goats.jpg
Goat rearing has been promoted as a source of income for rural-dwelling Burundians.

IMF structural adjustment programs in Burundi were suspended following the outbreak of the crisis in 1993. The World Bank has identified key areas for potential growth, including the productivity of traditional crops and the introduction of new exports, light manufactures, industrial mining, and services. Other serious problems include the state's role in the economy, the question of governmental transparency, and debt reduction.

To protest the 1996 coup by President Pierre Buyoya, neighboring countries imposed an economic embargo on Burundi. Although the embargo was never officially ratified by the United Nations Security Council, most countries refrained from official trade with Burundi. Following the coup, the United States also suspended all but humanitarian aid to Burundi. The regional embargo was lifted on January 23, 1999, based on progress by the government in advancing national reconciliation through the Burundi peace process.

In an article titled "The Blood Cries Out," Foreign Policy (FP) reported that the Burundian population growth rate is 2.5 percent per year, more than double the average global pace, and that a Burundian woman has on average 6.3 children, nearly triple the international fertility rate. FP further reported that "The vast majority of Burundians rely on subsistence farming, but under the weight of a booming population and in the long-standing absence of coherent policies governing land ownership, many people barely have enough earth to sustain themselves." In 2014, the average size for a farm was about one acre. FP added that "The consequence is remarkable scarcity: In the 2013 Global Hunger Index, Burundi had the severest hunger and malnourishment rates of all 120 countries ranked." [10]

Energy crisis

Burundi is one of the least electrified countries in the world, only about 10% of the country's population has access to electricity. [11] [12] In 2022, the country produced a total of 565 GWh of electricity, 50% of which was generated via fossil fuels while the other 50% was generated via renewables. Oil is the main fossil fuel in use, while the renewable energy is sourced primarily from hydropower and to a much lesser degree from solar energy as well as bioenergy. This domestic production however does not fulfil Burundi's demand and it imports sizeable amount of energy from neighbouring countries. [13]

By October 2025, Burundi has faced a severe fuel shortage for nearly five years, accompanied by widespread power outages and drinking-water scarcity that have disrupted daily life in Bujumbura, Gitega and other urban centres. These combined crises have affected households, schools, hospitals and businesses, many of which cannot operate without electricity or fuel. Media outlets have been forced to suspend broadcasts, students struggle to study, and small traders report major financial losses as they are unable to keep goods refrigerated or equipment running. The lack of water has further undermined sanitation, compounding public-health risks such as cholera outbreaks. Economists describe the situation as one of the worst crises in Burundi’s recent history, even compared with the embargo of the 1990s, while residents and civil-society voices continue to call for urgent measures to restore essential services. [14]

The opening of the Rusumo Hydroelectric Power Station in 2023 added 27 MW to Burundi’s grid and helped provide the capital city of Gitega with a more reliable power supply, allowing the government to shut down an older oil-fired plant and reduce costs. [15] The power generated will be shared equally among the countries of Burundi, Rwanda, and Tanzania. [16] Burundi is also developing a much larger hydropower project at Rubirizi, expected to produce 160 MW upon completion, which would become the country’s largest power plant and improve electricity access to 7% of the country's population. [15]

Macro-economic trend

The following table shows the main economic indicators in 1980–2024. [17]

YearGDP
(in bil. US$ PPP)
GDP per capita
(in US$ PPP)
GDP
(in bil. US$ nominal)
GDP Growth
(real)
Inflation rate
(in Percent)
Government debt
(Percentage of GDP)
19801.543750.95−6.8%1.2%n/a
19811.884480.9912.2%12.2%n/a
19821.984571.05-1.1%5.9%n/a
19832.134781.113.7%8.2%n/a
19842.214821.010.2%14.3%n/a
19852.555401.1711.8%3.8%n/a
19862.695531.233.3%1.7%n/a
19872.915811.165.5%7.1%n/a
19883.166141.095.0%4.5%n/a
19893.336281.131.3%11.7%n/a
19903.576551.133.5%7.0%n/a
19913.916961.175.8%9.0%n/a
19924.046991.081.0%1.8%n/a
19933.886720.94−6.2%9.7%n/a
19943.816490.92−3.8%14.9%n/a
19953.585991.00−7.9%19.2%n/a
19963.355510.87−8.0%26.5%n/a
19973.435530.970.4%31.1%n/a
19983.635760.894.8%12.5%n/a
19993.725740.871.2%3.5%n/a
20003.875800.871.8%25.5%136.4%
20014.035850.881.7%7.9%127.4%
20024.195900.832.4%-1.3%159.1%
20034.376030.792.5%10.6%172.0%
20044.666230.923.8%8.2%172.7%
20055.026681.124.4%13.3%137.0%
20065.457051.275.4%2.7%130.3%
20075.797271.363.5%8.4%129.6%
20086.197521.614.9%24.4%102.5%
20096.477611.783.8%10.6%25.7%
20106.887842.035.1%6.5%46.9%
20117.318082.244.0%9.6%42.7%
20127.778332.334.4%18.2%41.4%
20138.308632.464.9%7.9%37.9%
20148.808882.714.2%4.4%38.0%
20158.538363.10−3.9%5.6%39.9%
20168.568132.96−0.6%5.5%46.1%
20178.768063.170.5%16.6%46.9%
20188.947983.041.6%−2.8%53.0%
20199.558283.011.8%−0.7%60.0%
20209.928363.090.3%7.3%66.0%
202110.858873.353.1%8.3%66.6%
202211.839393.921.8%18.9%68.4%
202312.599704.242.7%27.0%62.4%
202413.179864.292.2%20.0%86.8%

See also

References

  1. "World Economic Outlook Database, April 2019". IMF.org. International Monetary Fund . Retrieved 29 September 2019.
  2. "World Bank Country and Lending Groups". datahelpdesk.worldbank.org. World Bank . Retrieved 29 September 2019.
  3. 1 2 3 4 5 6 7 8 "IMF DataMapper:Burundi". International Monetary Fund . 2025. Retrieved 31 May 2025.
  4. "World Economic Outlook Database, May 2025". IMF.org. International Monetary Fund . Retrieved 17 April 2023.
  5. "Human Development Index (HDI)". hdr.undp.org. HDRO (Human Development Report Office) United Nations Development Programme . Retrieved 8 September 2021.
  6. "Inequality-adjusted Human Development Index (IHDI)". hdr.undp.org. HDRO (Human Development Report Office) United Nations Development Programme . Retrieved 11 December 2019.
  7. "Export Partners of Burundi". CIA World Factbook. 2017. Archived from the original on June 13, 2007. Retrieved 2018-07-29.
  8. "Import Partners of Burundi". CIA World Factbook. 2017. Archived from the original on June 13, 2007. Retrieved 2018-07-28.
  9. Burundi production in 2022, by FAO
  10. Jillian Keenan, The Blood Cries Out. "In one of Africa’s most densely populated countries, brothers are killing brothers over the right to farm mere acres of earth. There’s just not enough land to go around in Burundi — and it could push the country into civil war." Foreign Policy (FP)
  11. Africa, E. S. I. (2024-10-04). "Hydropower energy: Saving lives and boosting Burundi's economy". ESI-Africa.com. Retrieved 2024-10-09.
  12. Ritchie, Hannah; Roser, Max; Rosado, Pablo (2020-05-11). "CO₂ and Greenhouse Gas Emissions". Our World in Data.
  13. "Statistical Profiles". www.irena.org. Retrieved 2024-10-09.
  14. "Burundi : the triple crisis of fuel, electricity, and water is suffocating residents, businesses, and schools". SOS Médias Burundi (in German). 2025-10-04. Retrieved 2025-12-06.
  15. 1 2 Hako, Nasi (2024-08-15). "Largest electricity substation in Burundi to up energy access by 7%". ESI-Africa.com. Retrieved 2024-10-09.
  16. "Rwanda's 80 Megawatt Rusumo Falls Hydropower Project Receives $113 Million". Hydroworld.com. 27 November 2013. Retrieved 18 February 2015.
  17. "Report for Selected Countries and Subjects" . Retrieved 2018-08-24.