Burundi's GDP changed from approximately $951M in 1980 to $3B 75M in 2024, showing an overall 223.3% sharply increased during the period.
The lowest GDP was recorded in 2003 at $785M, and the highest in 2023 at $4B 216M.
Over the 44-year span, the GDP showed a overall increase with some decline trend, with an average annual growth rate of 2.7%.
For comparison, the average annual growth rate of Rwanda was 5.2%, and that of Tanzania was 4.6%.
Burundi GDP from 1980 to 2024
The total market value of goods and services produced annually in Burundi.
Overview of Burundi's GDP (1980–2024)
The Gross Domestic Product (GDP) of Burundi recorded a 223.3% sharply increased from 1980 to 2024.
The average GDP during this period was $1B 707M, and the median was $1B 161M.
GDP fluctuated within a range of $3B 431M, with a standard deviation of $984M 965K.
The average annual change was $62M 511K.
Highest and Lowest GDP Records
- Lowest GDP: 2003, $785M
- Highest GDP: 2023, $4B 216M
- Most Recent GDP: 2024, $3B 75M
Notable Annual GDP Changes
- 2022: Significant increase in GDP
- 2024: Noticeable drop in GDP
Overall pattern: overall increase with some decline
Global Economic Events and Burundi's GDP
COVID-19 Pandemic (2020)
- Period: From 2019 to 2020
- GDP Change: $3B 12M → $3B 86M
- Outcome: increased
2008 Global Financial Crisis
- Period: From 2007 to 2009
- GDP Change: $1B 356M → $1B 775M
- Outcome: sharply increased
2001 Dot-com Bubble Burst
- Period: From 2000 to 2001
- GDP Change: $870M → $877M
- Outcome: remained stable
1998 Asian Financial Crisis
- Period: From 1997 to 1998
- GDP Change: $972M → $893M
- Outcome: declined
Key Economic Indicators of Burundi (1980–2024)
| year | GDP Growth | Nominal GDP | PPP GDP | GDP per Capita | PPP per Capita | Savings | Population | Current Account | Fiscal Balance |
|---|---|---|---|---|---|---|---|---|---|
1980 | -6.825 % | $ 951M | $ 1B 283M | $ 232.38 | $ 313.75 | 4.66 % | 4M 90K people | -8.777 % | 0 % |
1981 | 12.164 % | $ 989M | $ 1B 576M | $ 234.94 | $ 374.24 | 9.85 % | 4M 210K people | -6.807 % | 0 % |
1982 | -1.054 % | $ 1B 44M | $ 1B 655M | $ 241.08 | $ 381.98 | 1.86 % | 4M 334K people | -12.195 % | 0 % |
1983 | 3.715 % | $ 1B 106M | $ 1B 784M | $ 248 | $ 399.96 | 10.32 % | 4M 461K people | -12.022 % | 0 % |
1984 | 0.155 % | $ 1B 4M | $ 1B 851M | $ 219 | $ 403.23 | 6.31 % | 4M 591K people | -11.723 % | 0 % |
1985 | 11.784 % | $ 1B 170M | $ 2B 134M | $ 247.64 | $ 451.76 | 7.01 % | 4M 726K people | -3.528 % | 0 % |
1986 | 3.25 % | $ 1B 233M | $ 2B 249M | $ 253.42 | $ 462.29 | 8.91 % | 4M 864K people | -2.934 % | 0 % |
1987 | 5.503 % | $ 1B 161M | $ 2B 431M | $ 231.93 | $ 485.58 | 5.33 % | 5M 7K people | -8.201 % | 0 % |
1988 | 5.031 % | $ 1B 88M | $ 2B 644M | $ 211.18 | $ 512.96 | 5.30 % | 5M 154K people | -6.437 % | 0 % |
1989 | 1.349 % | $ 1B 131M | $ 2B 784M | $ 213.18 | $ 524.89 | 7.50 % | 5M 305K people | -1.016 % | 0 % |
1990 | 3.458 % | $ 1B 131M | $ 2B 988M | $ 207.11 | $ 547.33 | −4.68 % | 5M 460K people | -6.141 % | 0 % |
1991 | 5.781 % | $ 1B 167M | $ 3B 268M | $ 207.67 | $ 581.51 | 4.08 % | 5M 620K people | -2.851 % | 0 % |
1992 | 1.007 % | $ 1B 82M | $ 3B 376M | $ 187.24 | $ 584.13 | 2.69 % | 5M 780K people | -5.508 % | -3.022 % |
1993 | -6.236 % | $ 938M | $ 3B 241M | $ 162.57 | $ 561.65 | 10.12 % | 5M 770K people | -2.997 % | 0.188 % |
1994 | -3.829 % | $ 924M | $ 3B 183M | $ 157.47 | $ 542.28 | 7.22 % | 5M 870K people | -1.827 % | -0.52 % |
1995 | -7.919 % | $ 1B | $ 2B 993M | $ 167.18 | $ 500.43 | 7.45 % | 5M 980K people | 1.045 % | -2.534 % |
1996 | -8.001 % | $ 868M | $ 2B 804M | $ 142.59 | $ 460.35 | 3.16 % | 6M 90K people | -4.608 % | -8.125 % |
1997 | 0.413 % | $ 972M | $ 2B 864M | $ 157.05 | $ 462.62 | 5.96 % | 6M 190K people | 0.631 % | -3.259 % |
1998 | 4.752 % | $ 893M | $ 3B 33M | $ 141.75 | $ 481.50 | −0.82 % | 6M 300K people | -4.906 % | -2.797 % |
1999 | 1.164 % | $ 866M | $ 3B 112M | $ 133.41 | $ 479.61 | 3.75 % | 6M 489K people | -4.453 % | -3.514 % |