The Gross Domestic Product (GDP) in Burundi expanded 3.80 percent in 2018 from the previous year. Burundi GDP Annual Growth Rate - data, historical chart, and calendar of releases - was last updated on February of 2020 from its official source.

GDP Annual Growth Rate in Burundi averaged 2.76 percent from 1961 until 2018, reaching an all time high of 21.33 percent in 1970 and a record low of -13.75 percent in 1961. This page provides - Burundi GDP Annual Growth Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news.

GDP Annual Growth Rate in Burundi is expected to reach 1.80 percent by the end of 2020, according to Trading Economics global macro models and analysts expectations. In the long-term, the Burundi GDP Annual Growth Rate is projected to trend around 2.00 percent in 2021, according to our econometric models.

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Burundi GDP Annual Growth Rate

Actual Previous Highest Lowest Dates Unit Frequency
3.80 3.60 21.33 -13.75 1961 - 2018 percent Yearly

Burundi GDP Annual Growth Rate
Burundi is one of the poorest countries in the world.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.