Monetary & Banking 

Country name:

conventional long form: Republic of Burundi
conventional short form: Burundi
local long form: Republika y'u Burundi
local short form: Burundi

 

Capital:

Bujumbura

 

Location:

Central Africa, east of Democratic Republic of the Congo

 

Area:

 total: 27,830 sq km
land: 25,650 sq km
water: 2,180 sq km

 

Population:

6,231,221

Languages:

Kirundi (official), French (official), Swahili (along Lake Tanganyika and in the Bujumbura area)

 

Economy- Overview

Burundi is a landlocked, resource-poor country with an underdeveloped manufacturing sector. The economy is predominantly agricultural with roughly 90% of the population dependent on subsistence agriculture. Economic growth depends on coffee and tea exports, which account for 90% of foreign exchange earnings.

 

Industries:

light consumer goods such as blankets, shoes, soap; assembly of imported components; public works construction; food processing

 

Exports - commodities:

coffee, tea, sugar, cotton, hides

 

Imports - commodities:

capital goods, petroleum products, foodstuffs

 

Exchange rates: