Source: world bank Nominal/PPP
Summary:
Burundi GDP expanded from 1960 to 2024, increasing from $0.20 billion to $3.08 billion.The compound annual growth rate (CAGR) averaged 4.37% over the period. The economy recorded its peak level in 2022 and its lowest level in 1965. Growth volatility remained high. The maximum drawdown reached 38.46%, indicating the largest cyclical decline from peak levels. The country experienced 11 recession episode(s) during the observed period.
Burundi Economic Phases (1960–2024)
Between 1960 to 2024, Burundi experienced the following economic phases:
- High Growth (1962–1964) indicating robust economic expansion
- Expansion (1968–1969) indicating steady moderate growth
- High Growth (1973–1981) indicating robust economic expansion
- Contraction (1987–1988) indicating temporary slowdown
- Expansion (1989–1991) indicating steady moderate growth
- Contraction (1998–1999) indicating temporary slowdown
- Contraction (2002–2003) indicating temporary slowdown
- High Growth (2004–2011) indicating robust economic expansion
- High Growth (2013–2014) indicating robust economic expansion
- High Growth (2020–2022) indicating robust economic expansion
- Crisis (2023–2024) indicating severe economic downturn
The most remarkable growth occurred in 1979 with an increase of 28.231%, while the largest decline was in 1965 at -39.024%.