With a population of about 12 million and a GDP of approximately $3.5 billion in 2023, Burundi is one of the smallest economies in East Africa. The country’s economy is predominantly agricultural, with coffee and tea being major exports. Burundi’s per capita income is around $300.
Over the past 25 years, there has been a focus on improving agricultural productivity and exploring opportunities in mining and renewable energy. Despite challenges such as political instability and poverty, recent efforts to enhance the business climate and attract foreign direct investment (FDI) aim to stimulate economic growth and development.