Source: world bank Nominal/PPP
Summary:
Burundi GDP Per Capita expanded from 1960 to 2024, increasing from $0.20 to $3.08 .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)
From 1960 to 2024, Burundi economy moved through multiple cyclical phases marked by alternating periods of rapid expansion and contraction.
- 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%.