panels (hoist side and outer side) with a white disk
superimposed at the center bearing three red six-pointed stars
outlined in green arranged in a triangular design (one star above,
two stars below)
Economy Burundi
Economy - overview:
Burundi is a landlocked, resource-poor country with an
underdeveloped manufacturing sector. The economy is predominantly
agricultural with roughly 90% of the population dependent on
subsistence agriculture. Economic growth depends on coffee and tea
exports, which account for 90% of foreign exchange earnings. The
ability to pay for imports, therefore, rests primarily on weather
conditions and international coffee and tea prices. The Tutsi
minority, 14% of the population, dominates the government and the
coffee trade at the expense of the Hutu majority, 85% of the
population. Since October 1993 an ethnic-based war has resulted in
more than 200,000 deaths, forced 450,000 refugees into Tanzania, and
displaced 140,000 others internally. Doubts about the prospects for
sustainable peace continue to impede development. Only one in two
children go to school, and approximately one in ten adults has
HIV/AIDS. Food, medicine, and electricity remain in short supply.
GDP (purchasing power parity):
$4.001 billion (2004 est.)
GDP - real growth rate:
3% (2004 est.)
GDP - per capita:
purchasing power parity - $600 (2004 est.)
GDP - composition by sector:
agriculture: 48.1%
industry: 19%
services: 32.9% (2004 est.)
Labor force:
2.99 million (2002)
Labor force - by occupation:
agriculture 93.6%, industry 2.3%, services 4.1% (2002 est.)
Unemployment rate:
NA
Population below poverty line:
68% (2002 est.)
Household income or consumption by percentage share:
lowest 10%: 1.8%
highest 10%: 32.9% (1998)
Distribution of family income - Gini index:
42.5 (1998)
Inflation rate (consumer prices):
8.5% (2004 est.)
Investment (gross fixed):
10.7% of GDP (2004 est.)
Budget:
revenues: $152.5 million
expenditures: $187.7 million, including capital expenditures of NA
(2004 est.)
Agriculture - products:
coffee, cotton, tea, corn, sorghum, sweet potatoes, bananas, manioc
(tapioca); beef, milk, hides
Industries:
light consumer goods such as blankets, shoes, soap; assembly of
imported components; public works construction; food processing
Industrial production growth rate:
18% (2001)
E
|