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Economy of Burkina Faso. Statistics, Data and Indicators

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Burkina Faso
N/AN/A Credit rank #
N/A Quality of life #
77 Corruption rank#74
151 Ease of doing business#133
Burkina Faso


Burkina Faso Major Economic Indicators

Indicator Data Period
GDP Value 19.74 USD Billion 2021
GDP Annual Growth Rate -5 % 3Q/22
GDP per capita 740 USD 2021
Inflation Rate YoY 6.1 % Feb/23
Interest Rate 4.75 % Feb/23
Unemployment Rate 6.1 % 2018
Balance of Trade -205 XAF Billion | -0.339 B USD 4Q/22
Current Account -286 XAF Billion | -0.473 B USD 2022


GDP Indicators

Indicator Data Period
GDP Value 19.74 USD Billion 2021
GDP Annual Growth Rate -5 % 3Q/22
GDP per capita 740 USD 2021
GDP Constant Prices 2459 XOF Billion | 4.061 B USD 2022
GDP per capita PPP 2180 USD 2021
GDP From Agriculture  326 XOF Billion | 0.538 B USD 2022
GDP From Manufacturing  268 XOF Billion | 0.443 B USD 2022
GDP From Mining  274 XOF Billion | 0.509 B USD 2018
GDP From Public Administration  1120 XOF Billion | 2.079 B USD 2018
GDP From Services  1155 XOF Billion | 1.907 B USD 2022


Budget Indicators

Indicator Data Period
Government Debt to GDP 59.6 % 2022
Government Spending 326 XOF Billion | 0.538 B USD 2021
Government Budget to GDP -5.6 % 2021
Military Expenditure 458 USD Million | 0.458 B USD 2021


Inflation Indicators

Indicator Data Period
Consumer Price Index (CPI) 121 Index Points Feb/23
Food Inflation 7.7 % Feb/23
Inflation Rate YoY 6.1 % Feb/23
Inflation Rate Mom 0.3 % Feb/23
CPI Housing Utilities 108 Index Points Feb/23
CPI Transportation 108 Index Points Feb/23


Trade Indicators

Indicator Data Period
Current Account to GDP 5.2 % 2021
Balance of Trade -205 XAF Billion | -0.339 B USD 4Q/22
Current Account -286 XAF Billion | -0.473 B USD 2022
Exports 729 XAF Billion | 1.207 B USD 4Q/22
External Debt 4947 EUR Million | 5.36 B USD 2021
Imports 934 XAF Billion | 1.546 B USD 4Q/22
Terms of Trade  258 index points 4Q/22


Money Indicators

Indicator Data Period
Interbank Rate 3.2 % Jan/23
Interest Rate 4.75 % Feb/23
Deposit Interest Rate 6.5 % 2017


Labor Indicators

Indicator Data Period
Unemployment Rate 6.1 % 2018


Taxes

Indicator Data Period
Sales Tax Rate 18 % 2022


Production Indicators

Indicator Data Period
Industrial Production 2.6 % 4Q/22
Mining Production 11.6 % 3Q/22


Business Indicators

Indicator Data Period
Corruption Index 42 Index Points 2022
Corruption Rank 77 place 2022
Ease of Doing Business 151 place 2019
Competitiveness Index 43.42 Index Points 2019
Competitiveness Rank 130 2019


Consumer Indicators

Indicator Data Period
Retail Sales YoY 2.9 % 4Q/22
Consumer Spending 6653300 XOF Billion | 10987.565 B USD 2021