Net Current Account Total for Burundi
BDIBCABP6GDPPT • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
-9.04
Year-over-Year Change
-42.93%
Date Range
1/1/2000 - 1/1/2026
Summary
The Net Current Account Total for Burundi measures the country's balance of trade, investment income, and current transfers with the rest of the world as a percentage of its GDP. It is a key indicator of Burundi's economic performance and external financial position.
Analysis & Context
This economic indicator provides valuable insights into current market conditions and economic trends. The data is updated regularly by the Federal Reserve and represents one of the most reliable sources for economic analysis.
Understanding this metric helps economists, policymakers, and investors make informed decisions about economic conditions and future trends. The interactive chart above allows you to explore historical patterns and identify key trends over time.
About This Dataset
The Net Current Account Total represents the net flow of a country's goods, services, income, and current transfers across its borders. It is an important metric for evaluating a nation's external economic stability and competitiveness.
Methodology
The data is collected and calculated by the World Bank based on balance of payments accounts.
Historical Context
Policymakers use this metric to assess Burundi's trade policies, exchange rate management, and overall external financial sustainability.
Key Facts
- Burundi's current account balance was -8.4% of GDP in 2021.
- The current account deficit is largely driven by a trade deficit in goods.
- Burundi relies on coffee and tea exports, which are subject to price volatility.
FAQs
Q: What does this economic trend measure?
A: The Net Current Account Total for Burundi measures the country's balance of trade in goods and services, net income from abroad, and current transfers, as a percentage of its gross domestic product.
Q: Why is this trend relevant for users or analysts?
A: This metric is crucial for evaluating Burundi's external economic stability, competitiveness, and ability to finance its trade deficit. It informs policymakers on the sustainability of the country's external position.
Q: How is this data collected or calculated?
A: The data is collected and calculated by the World Bank based on Burundi's balance of payments accounts.
Q: How is this trend used in economic policy?
A: Policymakers use the Net Current Account Total to assess Burundi's trade policies, exchange rate management, and overall external financial sustainability, and to inform decisions on macroeconomic and exchange rate policies.
Q: Are there update delays or limitations?
A: The data is published annually with a lag, and may be subject to revisions as more complete information becomes available.
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Citation
U.S. Federal Reserve, Net Current Account Total for Burundi (BDIBCABP6GDPPT), retrieved from FRED.