Goods and Services: Debit for Burundi
BDIBMGSBP6GDPPT • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
20.60
Year-over-Year Change
-39.52%
Date Range
1/1/2000 - 1/1/2026
Summary
The 'Goods and Services: Debit for Burundi' trend measures the value of imports of goods and services for the Burundian economy. This metric is a key indicator of international trade flows and economic integration.
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
This series represents the debit value of goods and services trade for Burundi, capturing the country's imports of physical products as well as intangible services. Economists and policymakers use this data to analyze Burundi's trade balance, exchange rate dynamics, and overall economic openness.
Methodology
The data is collected and reported by the World Bank based on national accounts statistics.
Historical Context
Policymakers and investors closely monitor Burundi's trade flows to assess the economy's competitiveness and integration with global markets.
Key Facts
- Burundi's goods and services debit was 27.3% of GDP in 2020.
- The trade debit has risen from 18.9% of GDP in 2000 to 27.3% in 2020.
- Burundi's largest import categories are machinery, transportation equipment, and manufactured goods.
FAQs
Q: What does this economic trend measure?
A: The 'Goods and Services: Debit for Burundi' trend measures the value of Burundi's imports of physical goods and intangible services from other countries.
Q: Why is this trend relevant for users or analysts?
A: This metric is a key indicator of Burundi's international trade flows and economic integration. It helps policymakers and investors assess the country's trade balance, exchange rate dynamics, and overall economic openness.
Q: How is this data collected or calculated?
A: The data is collected and reported by the World Bank based on national accounts statistics for Burundi.
Q: How is this trend used in economic policy?
A: Policymakers and analysts closely monitor Burundi's trade flows to evaluate the economy's competitiveness and integration with global markets, which informs trade, exchange rate, and other macroeconomic policies.
Q: Are there update delays or limitations?
A: The data is published with a lag, and there may be revisions to historical figures as source data is updated.
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Citation
U.S. Federal Reserve, Goods and Services: Debit for Burundi (BDIBMGSBP6GDPPT), retrieved from FRED.