Thursday, July 11, 2024

Burundi Economy 7-11-24

Nominal GDP $3.190B, Per capita GDP $245.81 Population 13,238,559, Debt to GDP 72.7%. Inflation 20.4%, Unemployment 0.86%, Labor Force Participation 56.22%, Land Area 10,747 sq miles, Arable Land 49.45%, Urban 13% Rural 87%. Exports $187M, Imports $1.23B, Trade Deficit $1.043B.

The top exports of Burundi are Gold ($53.4M), Coffee ($31.1M), Tea ($26.2M), Niobium, Tantalum, Vanadium and Zirconium Ore ($10.6M), and Rolled Tobacco ($9.3M), exporting mostly to United Arab Emirates ($59.9M), Democratic Republic of the Congo ($25.7M), China ($9.54M), Sudan ($9.21M), and Germany ($8.25M).

The top imports of Burundi are Refined Petroleum ($268M), Phosphatic Fertilizers ($79.4M), Packaged Medicaments ($41.2M), Cement ($33.2M), and Raw Sugar ($26.5M), importing mostly from China ($190M), United Arab Emirates ($173M), Saudi Arabia ($165M), Tanzania ($145M), and India ($90.1M).

Norb Leahy, Dunwoody GA Tea Party Leader

 

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