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TOOL · GROSS COST

How much would a basic income cost in Burundi?

Calculate the gross annual cost of paying a monthly amount to the country’s adult and child population.

Adult population 7,479,266child population 6,210,184year 2023World Bank WDI

GROSS ANNUAL COST

101,610 million

in BIFBIF 101,609,836,800

Equal to 1.2% of reference GDP

Population covered: 13,689,450 people

Adults: 7,479,266 × BIF 800 × 12 = BIF 71,800,953,600

Children: 6,210,184 × BIF 400 × 12 = BIF 29,808,883,200

BIF 71,800,953,600 + BIF 29,808,883,200 = BIF 101,609,836,800

Offset benefits, recovered tax, administrative savings and later economic effects are not deducted. This is a gross cost, not a net cost.

Sources and method

Population 2023 · World Bank WDI

GDP 2023 · $3,419,558,408 · World Bank WDI

Currency BIF · exchange rate 2,574.0517 BIF/USD (2023)

Converted cost $39,474,667 for the GDP share.