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 | 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 |
