Burundi: Fiscal balance, percent of GDP
* indicates monthly or quarterly data series
| Burundi |
Fiscal balance, percent of GDP |
|---|---|
| Latest value | -5.30 |
| Year | 2023 |
| Measure | percent |
| Data availability | 2018 - 2023 |
| Average | -4.75 |
| Min - Max | -7.80 - -2.90 |
| Source | African Development Bank |
The latest value from 2023 is -5.3 percent, a decline from -5 percent in 2022. In comparison, the world average is -2.84 percent, based on data from 141 countries. Historically, the average for Burundi from 2018 to 2023 is -4.75 percent. The minimum value, -7.8 percent, was reached in 2020 while the maximum of -2.9 percent was recorded in 2021.
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* indicates monthly or quarterly data series
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Definition: The fiscal (budget) balance is the difference between government revenue and government expenditure. We express the value as percent of GDP to relate it to the size of the economy.
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| Related indicators | Latest | Reference | Measure |
|---|---|---|---|
| Government spending, percent of GDP | 30.51 | 2023 | percent |
| Government spending, in dollars | 0.81 | 2023 | billion U.S. dollars |
| Fiscal balance, percent of GDP | -5.30 | 2023 | percent |
| Government debt | 57.90 | 2022 | percent |
| Tax revenue | 15.64 | 2021 | percent |
| Commercial tax rate | 41.20 | 2019 | percent |
| Tax preparation time | 232 | 2019 | hours |
| Number of taxes | 24 | 2019 | taxes |
| Taxes on goods and services | 46.42 | 2021 | percent |
| Taxes on international trade | 9.99 | 2021 | percent |
| Income and profits taxes | 15.84 | 2021 | percent |
| Foreign aid | 576.59 | 2022 | million U.S. dollars |