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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 #
78 Corruption rank#74
151 Ease of doing business#133
Burkina Faso


Burkina Faso Major Economic Indicators

Indicator Data Period
GDP Value 17.37 USD Billion 2020
GDP Annual Growth Rate -2.7 % 4Q/21
GDP per capita 733 USD 2020
Inflation Rate YoY 15.3 % May/22
Interest Rate 4 % May/22
Unemployment Rate 6.1 % 2018
Balance of Trade -56.7 XAF Billion | -0.09 B USD 4Q/21
Current Account 1.7 XAF Billion | 0.003 B USD 2021


GDP Indicators

Indicator Data Period
GDP Value 17.37 USD Billion 2020
GDP Annual Growth Rate -2.7 % 4Q/21
GDP per capita 733 USD 2020
GDP Constant Prices 2412 XOF Billion | 3.844 B USD 2021
GDP per capita PPP 2161 USD 2020
GDP From Agriculture  285 XOF Billion | 0.454 B USD 2021
GDP From Manufacturing  255 XOF Billion | 0.406 B USD 2021
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  1036 XOF Billion | 1.651 B USD 2021


Budget Indicators

Indicator Data Period
Government Debt to GDP 25 % 2020
Government Spending 1324 XOF Billion | 2.11 B USD 2018
Government Budget to GDP -5.4 % 2020
Military Expenditure 368 USD Million | 0.368 B USD 2020


Inflation Indicators

Indicator Data Period
Consumer Price Index (CPI) 124 Index Points May/22
Food Inflation 25.2 % May/22
Inflation Rate YoY 15.3 % May/22
Inflation Rate Mom 1.9 % May/22
CPI Housing Utilities 103 Index Points May/22
CPI Transportation 104 Index Points May/22


Trade Indicators

Indicator Data Period
Current Account to GDP 1.2 % 2020
Balance of Trade -56.7 XAF Billion | -0.09 B USD 4Q/21
Current Account 1.7 XAF Billion | 0.003 B USD 2021
Exports 726 XAF Billion | 1.157 B USD 4Q/21
External Debt 4594 EUR Million | 4.791 B USD 2020
Imports 782 XAF Billion | 1.246 B USD 4Q/21
Terms of Trade  334 index points 2Q/21


Money Indicators

Indicator Data Period
Interbank Rate 5.33 % May/22
Interest Rate 4 % May/22
Deposit Interest Rate 6.5 % 2017


Labor Indicators

Indicator Data Period
Unemployment Rate 6.1 % 2018


Taxes

Indicator Data Period
Sales Tax Rate 18 % 2020


Production Indicators

Indicator Data Period
Industrial Production 0.6 % 3Q/21
Mining Production 5.2 % 3Q/21


Business Indicators

Indicator Data Period
Corruption Index 42 Index Points 2021
Corruption Rank 78 place 2021
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 10.3 % 4Q/21
Consumer Spending 5514480 XOF Billion | 8787.578 B USD 2020