Burundi ranks first among sub-Saharan African countries in the latest World Bank Doing Business survey. The East African Community (EAC) state was ranked 150th out of the 189 economies surveyed globally.
The country has been making strides in reforming its business environment, stepping up efforts significantly since 2010. The country has managed to record gains in formalizing its economy, stimulating entrepreneurial activity, promoting tax compliance and fighting corruption.
According to the 2014 Africa Economic Outlook report on Burundi, the country’s Real GDP grew an estimated 4.6 percent in 2013 up from 4.2 percent in 2012 and is projected to grow 5.2 and 6.7 per cent in 2014 and 2015 respectively.