Difference between revisions of "Economy of burundi"

==Burundi's Economy 2003 -2005==

==Burundi's Economy 2003 -2005==

Burundi's economy is based predominantly on agriculture, accounting for 44.9% of GDP in 2006. Agriculture supports more than 90% of the labor force, the majority of whom are subsistence farmers. Although Burundi is potentially self-sufficient in food production, the civil war, overpopulation, and soil erosion have contributed to the contraction of the subsistence economy by 30% in recent years. Large numbers of internally displaced persons have been unable to produce their own food and are dependent on international humanitarian assistance. Burundi is a net food importer, with food accounting for 13% of imports in 2003.  

Burundi's economy is based predominantly on agriculture, accounting for 44.9% of GDP in 2006. Agriculture supports more than 90% of the labor force, the majority of whom are subsistence farmers. Although Burundi is potentially self-sufficient in food production, the civil war, overpopulation, and soil erosion have contributed to the contraction of the subsistence economy by 30% in recent years. Large numbers of internally displaced persons have been unable to produce their own food and are dependent on international humanitarian assistance. Burundi is a net food importer, with food accounting for 13% of imports in 2003.