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Burundi Economy - 1991 http://www.theodora.com/wfb1991/burundi/burundi_economy.html SOURCE: 1991 CIA WORLD FACTBOOK Overview: A landlocked, resource-poor country in an early stage of economic development, Burundi is predominately agricultural with only a few basic industries. Its economic health depends on the coffee crop, which accounts for an average 90% of foreign exchange earnings each year. The ability to pay for imports therefore continues to rest largely on the vagaries of the climate and the international coffee market. GDP: $1.1 billion, per capita $200; real growth rate 1.5% (1989) Inflation rate (consumer prices): 11.7% (1989) Unemployment rate: NA% Budget: revenues $158 million; expenditures $204 million, including capital expenditures of $131 million (1989 est.) Exports: $81 million (f.o.b., 1989); commodities--coffee 88%, tea, hides, and skins; partners--EC 83%, US 5%, Asia 2% Imports: $197 million (c.i.f., 1989); commodities--capital goods 31%, petroleum products 15%, foodstuffs, consumer goods; partners--EC 57%, Asia 23%, US 3% External debt: $957 million (December 1990 est.) Industrial production: real growth rate 5.1% (1986); accounts for about 10% of GDP Electricity: 51,000 kW capacity; 105 million kWh produced, 19 kWh per capita (1989) Industries: light consumer goods such as blankets, shoes, soap; assembly of imports; public works construction; food processing Agriculture: accounts for 60% of GDP; 90% of population dependent on subsistence farming; marginally self-sufficient in food production; cash crops--coffee, cotton, tea; food crops--corn, sorghum, sweet potatoes, bananas, manioc; livestock--meat, milk, hides, and skins Economic aid: US commitments, including Ex-Im (FY70-89), $71 million; Western (non-US) countries, ODA and OOF bilateral commitments (1970-88), $10.1 billion; OPEC bilateral aid (1979-89), $32 million; Communist countries (1970-89), $175 million Currency: Burundi franc (plural--francs); 1 Burundi franc (FBu) = 100 centimes Exchange rates: Burundi francs (FBu) per US$1--163.29 (January 1991), 171.26 (1990), 158.67 (1989), 140.40 (1988), 123.56 (1987), 114.17 (1986), 120.69 (1985) Fiscal year: calendar year
NOTE: The information regarding Burundi on this page is re-published from the 1991 World Fact Book of the United States Central Intelligence Agency. No claims are made regarding the accuracy of Burundi Economy 1991 information contained here. All suggestions for corrections of any errors about Burundi Economy 1991 should be addressed to the CIA. |
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