Economy of Burkina Faso. Statistics, Data and Indicators
Burkina Faso
| N/AN/A | Credit rank # |
| N/A | Quality of life # |
| 77 | Corruption rank#74 |
| 151 | Ease of doing business#133 |
Burkina Faso Major Economic Indicators
| Indicator | Data | Period |
|---|---|---|
| GDP Value | 18.88 USD Billion | 2022 |
| GDP Annual Growth Rate | -4.1 % | 4Q/22 |
| GDP per capita | 732 USD | 2022 |
| Inflation Rate YoY | -2.6 % | Sep/23 |
| Interest Rate | 5.25 % | Sep/23 |
| Unemployment Rate | 6.1 % | 2018 |
| Balance of Trade | -155 XAF Billion | -0.251 B USD | 1Q/23 |
| Current Account | -198 XAF Billion | -0.32 B USD | 2023 |
GDP Indicators
| Indicator | Data | Period |
|---|---|---|
| GDP Value | 18.88 USD Billion | 2022 |
| GDP Annual Growth Rate | -4.1 % | 4Q/22 |
| GDP per capita | 732 USD | 2022 |
| GDP Constant Prices | 2463 XOF Billion | 3.984 B USD | 2022 |
| GDP per capita PPP | 2156 USD | 2022 |
| GDP From Agriculture | 354 XOF Billion | 0.573 B USD | 2022 |
| GDP From Manufacturing | 275 XOF Billion | 0.445 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 | 1097 XOF Billion | 1.774 B USD | 2022 |
Budget Indicators
| Indicator | Data | Period |
|---|---|---|
| Government Debt to GDP | 54.3 % | 2022 |
| Government Spending | 1556 XOF Billion | 2.517 B USD | 2022 |
| Government Budget to GDP | -8.5 % | 2022 |
| Military Expenditure | 563 USD Million | 0.563 B USD | 2022 |
Inflation Indicators
| Indicator | Data | Period |
|---|---|---|
| Consumer Price Index (CPI) | 126 Index Points | Sep/23 |
| Food Inflation | -6.3 % | Sep/23 |
| Inflation Rate YoY | -2.6 % | Sep/23 |
| Inflation Rate Mom | -0.3 % | Sep/23 |
| CPI Housing Utilities | 116 Index Points | Sep/23 |
| CPI Transportation | 110 Index Points | Sep/23 |
Trade Indicators
| Indicator | Data | Period |
|---|---|---|
| Current Account to GDP | -5.2 % | 2022 |
| Balance of Trade | -155 XAF Billion | -0.251 B USD | 1Q/23 |
| Current Account | -198 XAF Billion | -0.32 B USD | 2023 |
| Exports | 689 XAF Billion | 1.114 B USD | 1Q/23 |
| External Debt | 4947 EUR Million | 5.248 B USD | 2021 |
| Imports | 844 XAF Billion | 1.365 B USD | 1Q/23 |
| Terms of Trade | 152 index points | 1Q/23 |
Money Indicators
| Indicator | Data | Period |
|---|---|---|
| Interbank Rate | 5.81 % | Aug/23 |
| Interest Rate | 5.25 % | Sep/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 % | 2023 |
Production Indicators
| Indicator | Data | Period |
|---|---|---|
| Industrial Production | 3 % | 2Q/23 |
| Mining Production | 19 % | 1Q/23 |
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 | 2.3 % | 2Q/23 |
| Consumer Spending | 6181420 XOF Billion | 9998.415 B USD | 2022 |
