Country Information about Burundi

http://www.eoearth.org/article/Burundi

Natural Resources: nickel, uranium, rare earth oxides, peat, cobalt, copper, platinum, vanadium, arable land, hydropower, niobium, tantalum, gold, tin, tungsten, kaolin, limestone
Burundi is a small, densely populated nation in the Great Lakes Region of Africa whose history, like that of its neighbor Rwanda, has been marked by conflict and tension between its two major ethic groups Hutu and Tutsi. Although nominally landlocked, it has a significant part of its border on Lake Tanganyika. Burundi is one of the poorest nations in the world and its Human Development Index ranks 172nd of 177 nations.

Burundi
's major environmental issues include: soil erosion as a result of overgrazing and the expansion of agriculture into marginal lands; deforestation (little forested land remains because of uncontrolled cutting of trees for fuel); and habitat loss which threatens wildlife populations.It is susceptible to flooding, landslides, and drought.
Burundi's first democratically elected president was assassinated in October 1993 after only 100 days in office, triggering widespread ethnic violence between Hutu and Tutsi factions. More than 200,000 Burundians perished during the conflict that spanned almost a dozen years. Hundreds of thousands of Burundians were internally displaced or became refugees in neighboring countries. An internationally brokered power-sharing agreement between the Tutsi-dominated government and the Hutu rebels in 2003 paved the way for a transition process that led to an integrated defense force, established a new constitution in 2005, and elected a majority Hutu government in 2005. The new government, led by President Pierre Nkurunziza, signed a South African brokered ceasefire with the country's last rebel group in September of 2006 but still faces many challenges.
Burundi is a landlocked, resource-poor country with an underdeveloped manufacturing sector. The economy is predominantly agricultural with more than 90% of the population dependent on subsistence agriculture. Economic growth depends on coffee and tea exports, which account for 90% of foreign exchange earnings. The ability to pay for imports, therefore, rests primarily on weather conditions and international coffee and tea prices. The Tutsi minority, 14% of the population, dominates the government and the coffee trade at the expense of the Hutu majority, 85% of the population. An ethnic-based war that lasted for over a decade resulted in more than 200,000 deaths, forced more than 48,000 refugees into Tanzania, and displaced 140,000 others internally. Only one in two children go to school, and approximately one in 15 adults has HIV/AIDS. Food, medicine, and electricity remain in short supply. Burundi's GDP grew around 5% annually in 2006-07. Political stability and the end of the civil war have improved aid flows and economic activity has increased, but underlying weaknesses - a high poverty rate, poor education rates, a weak legal system, and low administrative capacity - risk undermining planned economic reforms. Burundi will continue to remain heavily dependent on aid from bilateral and multilateral donors; the delay of funds after a corruption scandal cut off bilateral aid in 2007 reduced government's revenues and its ability to pay salaries.

GDP (Purchasing Power Parity):
$2.896 billion (2007 est.)
GDP (Official Exchange Rate): $1.001 billion (2007 est.)
GDP-real growth rate: 3.6% (2007 est.)
GDP-per capita (PPP): $400 (2007 est.)
GDP-composition by sector:
agriculture: 33.7%
industry: 20.9%
services: 45.4% (2007 est.)

Population Below Poverty Line:
68% (2002 est.) Household Income or Consumption by Percentage Share:
Industries: light consumer goods such as blankets, shoes, soap; assembly of imported components; public works construction; food processing
Exports: coffee, tea, sugar, cotton, hides
Export Partners: Germany 25.3%, Switzerland 20.5%, Pakistan 5.5%, Belgium 4.6% (2006)
Imports: capital goods, petroleum products, foodstuffs
Import Partners: Saudi Arabia 15.4%, Kenya 10.4%, Belgium 7.8%, France 5.5%, Uganda 4.9%, Germany 4.9%, India 4.3%, Russia 4.2% (2006)
Economic Aid Recipient: $365 million (2005)
Currency: Burundi franc (BIF)

Ports and Terminals: Bujumbura




Mining Job Board Oil Jobs Recruitment CA Global CA  Environmental Add New International to your favourites!