Burundi GDP Annual Growth Rate
The Gross Domestic Product (GDP) in Burundi expanded 4.60 percent in 2013 from the previous year. GDP Annual Growth Rate in Burundi averaged 2.65 Percent from 1961 until 2013, reaching an all time high of 21.33 Percent in 1970 and a record low of -13.75 Percent in 1961. GDP Annual Growth Rate in Burundi is reported by the Bank of Burundi.
||1961 - 2013
Burundi is one of the poorest countries in the world. After decades of devastating civil war, Burundi still experiences regular outbursts of violence which hamper the country's growth. The country has virtually no service or manufacture industry and over 90 percent of population rely on agriculture. As such, Burundi's economy is highly dependent on foreign aid which accounts for over 50 percent of government budget. In recent years, international organisations have been working with the government to address bureaucracy, widespread corruption, lack of security and basic infrastructure, poor education and healthcare system. As a result, Burundi has been able to attract foreign direct investments to its coffee and tea industries which are expected to drive the growth. This page provides - Burundi GDP Annual Growth Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news.