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%.
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.
Burundi GDP from 1980 to 2024
The total market value of goods and services produced annually in Burundi.
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 | Nominal GDP | GDP per Capita | PPP per Capita | PPP GDP | GDP Growth | Current Account | Savings | Fiscal Balance | Population |
|---|---|---|---|---|---|---|---|---|---|
1980 | $ 951M | $ 232.38 | $ 313.75 | $ 1B 283M | -6.825 % | -8.777 % | 4.66 % | 0 % | 4M 90K people |
1981 | $ 989M | $ 234.94 | $ 374.24 | $ 1B 576M | 12.164 % | -6.807 % | 9.85 % | 0 % | 4M 210K people |
1982 | $ 1B 44M | $ 241.08 | $ 381.98 | $ 1B 655M | -1.054 % | -12.195 % | 1.86 % | 0 % | 4M 334K people |
1983 | $ 1B 106M | $ 248 | $ 399.96 | $ 1B 784M | 3.715 % | -12.022 % | 10.32 % | 0 % | 4M 461K people |
1984 | $ 1B 4M | $ 219 | $ 403.23 | $ 1B 851M | 0.155 % | -11.723 % | 6.31 % | 0 % | 4M 591K people |
1985 | $ 1B 170M | $ 247.64 | $ 451.76 | $ 2B 134M | 11.784 % | -3.528 % | 7.01 % | 0 % | 4M 726K people |
1986 | $ 1B 233M | $ 253.42 | $ 462.29 | $ 2B 249M | 3.25 % | -2.934 % | 8.91 % | 0 % | 4M 864K people |
1987 | $ 1B 161M | $ 231.93 | $ 485.58 | $ 2B 431M | 5.503 % | -8.201 % | 5.33 % | 0 % | 5M 7K people |
1988 | $ 1B 88M | $ 211.18 | $ 512.96 | $ 2B 644M | 5.031 % | -6.437 % | 5.30 % | 0 % | 5M 154K people |
1989 | $ 1B 131M | $ 213.18 | $ 524.89 | $ 2B 784M | 1.349 % | -1.016 % | 7.50 % | 0 % | 5M 305K people |
1990 | $ 1B 131M | $ 207.11 | $ 547.33 | $ 2B 988M | 3.458 % | -6.141 % | −4.68 % | 0 % | 5M 460K people |
1991 | $ 1B 167M | $ 207.67 | $ 581.51 | $ 3B 268M | 5.781 % | -2.851 % | 4.08 % | 0 % | 5M 620K people |
1992 | $ 1B 82M | $ 187.24 | $ 584.13 | $ 3B 376M | 1.007 % | -5.508 % | 2.69 % | -3.022 % | 5M 780K people |
1993 | $ 938M | $ 162.57 | $ 561.65 | $ 3B 241M | -6.236 % | -2.997 % | 10.12 % | 0.188 % | 5M 770K people |
1994 | $ 924M | $ 157.47 | $ 542.28 | $ 3B 183M | -3.829 % | -1.827 % | 7.22 % | -0.52 % | 5M 870K people |
1995 | $ 1B | $ 167.18 | $ 500.43 | $ 2B 993M | -7.919 % | 1.045 % | 7.45 % | -2.534 % | 5M 980K people |
1996 | $ 868M | $ 142.59 | $ 460.35 | $ 2B 804M | -8.001 % | -4.608 % | 3.16 % | -8.125 % | 6M 90K people |
1997 | $ 972M | $ 157.05 | $ 462.62 | $ 2B 864M | 0.413 % | 0.631 % | 5.96 % | -3.259 % | 6M 190K people |
1998 | $ 893M | $ 141.75 | $ 481.50 | $ 3B 33M | 4.752 % | -4.906 % | −0.82 % | -2.797 % | 6M 300K people |
1999 | $ 866M | $ 133.41 | $ 479.61 | $ 3B 112M | 1.164 % | -4.453 % | 3.75 % | -3.514 % | 6M 489K people |