Economic development of the island was depressed in the late 1990s as a result of the national and regional crisis. The growth resumed in the early 2000s, however, unemployment remains high (9.92% of the population in 2008), and more than 37% of islanders are living below the national poverty line (). The basis of the island's economy is agriculture which contributed 51.22% to the GDP in 2008. The major crop is rice with plantations taking an area of more than 5,700 hectares and yielding about 23,000 tonnes per the year (for 2008) in just
Buru Regency. Most rice fields are located on the northern coasts of the island, in the districts of Namlea, Waeapo and Air Buaya. With the total area of 135 hectares, maize dominates the southern field of districts Waisama, Kepalamadan and Namrole, yielding 176 tonnes per year (). Other crops of the southern part are
sweet potato (211 hectares, 636 tonnes),
beans (926 hectares, 946 tonnes ) and
soybeans (965 hectares, 965 tonnes).
Coco (5,724 ha, 2,742 tonnes),
cocoa (4,453 ha, 2,368 tonnes),
clove (947 ha, 881 tonnes) and coffee (, 1223 tonnes) are grown in the Namlea, Air Buaya, Waeapo, Batubual and Waplau areas, whereas
nutmeg (143 ha, 75 tonnes) is restricted to Batubual.
Teak plantations are found almost everywhere on Buru and complement the natural sources of timber. Animal farming is of secondary importance, but its role is gradually increasing. The major animals are cows (41,349 animals ),
buffalo (3,699), chickens (more than 1,346,000), ducks (195,000), sheep (26,950), domestic pigs (1,276) and horses (497). In 2008, there were 410 fishing enterprises with the annual catch of 3,891 tonnes of fish and seafood. The major commercial species are tuna (900 tonnes),
sardines (420 tonnes) and
mackerel (385 tonnes). The industry employs only about 2,700 islanders and contributes about 7% to the GDP. Among the 537 enterprises registered in 2008, 482 were engaged in processing of agricultural products and 44 in engineering, chemicals and repair. In January 2010, the Ministry of Industry of Indonesia has approved a plan to build major cement plants on the island. The expansion of tourism is hindered by the lack of infrastructure on the island. Apart from agriculture and engineering, other significant economic areas are trade, hotel industry and catering (19.19% of GDP in 2008), custom services (12.74%), transport and communication (3.10%), construction (3.13%), financial sector (2.64%) and energy and water (0.49%). == Transportation ==