Burundi

The Republic of Burundi (formerly Urundi) is a small nation in the Great Lakes region of Africa. It is bordered by Rwanda on the north, Tanzania on the south and east, and the Democratic Republic of the Congo on the west. Although the country is landlocked, much of its western border is adjacent to Lake Tanganyika. The country's name derives from its Bantu language, Kirundi.

Economy

Burundi's largest industry is agriculture, which accounted for 58% of GDP in 1997. Coffee is the nation's biggest revenue earner with 78% of all exported goods. Other agriculture products include cotton, tea, maize, sorghum, sweet potatoes, bananas, manioc (tapioca); beef, milk, and hides. Besides agriculture, other industries include light consumer goods such as blankets, shoes, soap; assembly of imported components; public works construction; food processing. The currency is the Burundi franc (BIF).

Related Topics:
Agriculture - Coffee - Cotton - Tea - Maize - Sorghum - Sweet potato - Banana - Manioc - Burundi franc

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Burundi is the poorest country in the world, in terms of GDP per capita: US$106 as of 2005. The economy is supported by foreign aid from Western Europe and other parts of the world. In 2000 this amount reached US$92.7 million. 68% of the population lived below the poverty line in 2002. The country's estimated gross domestic product (GDP) was US$0.7 billion in 2001.

Related Topics:
US$ - 2005 - US$

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