Economy in Burkina Faso

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Burkina Faso

Official symbols in Burkina Faso:

         
Flag Burkina FasoCoat of arms Burkina Faso


Economy in Burkina Faso


The continent: Africa
  
Iso2:BF
  
Iso3:BFA

For country comparisons (the table on the map) colors are used:
 
 Good performance;
 
 The average;
 
 Poor performance

GDP in Burkina Faso


GDP, PPP

30 707 510 249 current international $[?] (2015)
(descending): 124 in the world of 194 (36,60%); 25 in Africa from 52 (53,85%)
29,13 % (5,83 % annual) ↘
min: 4 808 413 824; max: 30 707 510 249; max-min: 25 899 096 425 (84,34%); mid: 17 757 962 037;
12 949 548 213 (42,17%)

GDP

10 678 201 939 current US$[?] (2015)
(descending): 132 in the world of 199 (34,17%); 28 in Africa from 53 (49,06%)
15,82 % (3,16 % annual) ↘
min: 330 442 817; max: 12 257 141 798; max-min: 11 926 698 981 (97,30%); mid: 6 293 792 308;
4 384 409 631 (41,06%)

GDP per capita, PPP

1 696 current international $[?] (2015)
(descending): 179 in the world of 194 (8,25%); 37 in Africa from 52 (30,77%)
17,91 % (3,58 % annual) ↘
min: 545,73; max: 1 696; max-min: 1 150 (67,82%); mid: 1 121;
575,15 (33,91%)

Reserves in Burkina Faso


Total reserves

259 628 719 current US$[?] (2015)
(descending): 169 in the world of 184 (8,70%); 44 in Africa from 52 (17,31%)
311,44 % (62,29 % annual) ↗
min: 13 550 000; max: 1 295 840 863; max-min: 1 282 290 863 (98,95%); mid: 654 695 432;
-395 066 712 (-152,17%)

Total reserves

9,88 % of total external debt[?] (2015)
(descending): 109 in the world of 117 (7,69%); 45 in Africa from 47 (6,38%)
403,08 % (80,62 % annual) ↗
min: 9,88; max: 237,14; max-min: 227,26 (95,83%); mid: 123,51;
-113,63 (-1 150%)

Total reserves minus gold

259 628 719 current US$[?] (2015)
(descending): 167 in the world of 184 (9,78%); 43 in Africa from 52 (19,23%)
311,44 % (62,29 % annual) ↗
min: 13 550 000; max: 1 295 840 863; max-min: 1 282 290 863 (98,95%); mid: 654 695 432;
-395 066 712 (-152,17%)

Gross savings

18,01 % of GDP[?] (2014)
(descending): 106 in the world of 164 (35,98%); 22 in Africa from 43 (51,16%)
21,72 % (4,34 % annual) ↗
min: 10,93; max: 25,37; max-min: 14,44 (56,93%); mid: 18,15;
-0,135 (-0,747%)

GDP - composition in Burkina Faso


Household consumption

45,10 %[?] (2015)
(descending): 180 in the world of 198 (9,60%); 50 in Africa from 54 (9,26%)

Government consumption

22 %[?] (2015)
(descending): 36 in the world of 197 (82,23%); 10 in Africa from 54 (83,33%)

Investment in fixed capital

28,70 %[?] (2015)
(descending): 38 in the world of 194 (80,93%); 19 in Africa from 54 (66,67%)

investment in inventories

0,700 %[?] (2015)
(descending): 62 in the world of 166 (63,25%); 16 in Africa from 46 (67,39%)

exports of goods and services

34,50 %[?] (2015)
(descending): 97 in the world of 196 (51,02%); 18 in Africa from 54 (68,52%)

imports of goods and services

-31 %[?] (2015)
(descending): 53 in the world of 195 (73,33%); 14 in Africa from 53 (75,47%)

GDP - composition by sector of origin in Burkina Faso


agriculture

32,50 %[?] (2015)
(descending): 16 in the world of 219 (93,15%); 14 in Africa from 53 (75,47%)

industry

21,80 %[?] (2015)
(descending): 128 in the world of 221 (42,53%); 27 in Africa from 53 (50,94%)

services

45,70 %[?] (2015)
(descending): 192 in the world of 223 (14,35%); 39 in Africa from 54 (29,63%)

GDP growth in Burkina Faso


GDP growth rate

4,02 annual %[?] (2015)
(descending): 58 in the world of 193 (70,47%); 22 in Africa from 52 (59,62%)
110,05 % (22,01 % annual) ↗
min: -1,78; max: 11,01; max-min: 12,79 (116,15%); mid: 4,62;
-0,597 (-14,85%)

GDP per capita growth

1,05 annual %[?] (2015)
(descending): 123 in the world of 193 (36,79%); 28 in Africa from 52 (48,08%)
394,33 % (78,87 % annual) ↗
min: -4,26; max: 7,99; max-min: 12,25 (153,35%); mid: 1,86;
-0,808 (-76,68%)

Costs in Burkina Faso


Expense

14,63 % of GDP[?] (2014)
(ascending): 22 in the world of 140 (85%); 11 in Africa from 33 (69,70%)
18,56 % (3,71 % annual) ↘
min: 10,47; max: 14,63; max-min: 4,16 (28,46%); mid: 12,55;
2,08 (14,23%)

Final consumption expenditure, etc.

83,29 % of GDP[?] (2015)
(ascending): 96 in the world of 177 (46,33%); 14 in Africa from 49 (73,47%)
0,232 % (0,046 % annual) ↗
min: 79,19; max: 108,03; max-min: 28,84 (26,69%); mid: 93,61;
-10,32 (-12,39%)

Foreign direct investment, net outflows

0,261 % of GDP[?] (2015)
(ascending): 70 in the world of 165 (58,18%); 25 in Africa from 40 (40%)
97,10 % (19,42 % annual) ↘
min: -4,66; max: 0,951; max-min: 5,61 (589,99%); mid: -1,86;
2,12 (809,79%)

Government expenditure on education, total

4,50 % of GDP[?] (2014)
(ascending): 74 in the world of 147 (50,34%); 20 in Africa from 39 (51,28%)
12,47 % (2,49 % annual) ↘
min: 1,43; max: 4,59; max-min: 3,16 (68,92%); mid: 3,01;
1,49 (33,17%)

Research and development expenditure

0,200 % of GDP[?] (2009)
(2010) (ascending): 31 in the world of 122 (75,41%); 9 in Africa from 28 (71,43%)
14,74 % (2,95 % annual) ↘
min: 0,111; max: 0,339; max-min: 0,228 (67,34%); mid: 0,225;
-0,025 (-12,29%)

Military expenditure

1,67 % of GDP[?] (2014)
(ascending): 105 in the world of 155 (32,90%); 33 in Africa from 48 (33,33%)
17,31 % (3,46 % annual) ↘
min: 1,21; max: 2,72; max-min: 1,52 (55,69%); mid: 1,97;
-0,299 (-17,97%)

Health expenditure

4,96 % of GDP[?] (2014)
(ascending): 29 in the world of 190 (85,26%); 13 in Africa from 53 (77,36%)
44,55 % (8,91 % annual) ↗
min: 4,85; max: 7,41; max-min: 2,55 (34,48%); mid: 6,13;
-1,17 (-23,56%)

Income in Burkina Faso


Tax revenue

15,52 % of GDP[?] (2014)
(descending): 97 in the world of 142 (32,39%); 22 in Africa from 35 (40%)
18,05 % (3,61 % annual) ↘
min: 10,87; max: 16,83; max-min: 5,97 (35,45%); mid: 13,85;
1,67 (10,77%)

Trade

65,41 % of GDP[?] (2015)
(descending): 127 in the world of 187 (32,62%); 32 in Africa from 51 (39,22%)
25,29 % (5,06 % annual) ↘
min: 14,32; max: 67,34; max-min: 53,02 (78,74%); mid: 40,83;
24,58 (37,58%)

Trade in services

14,37 % of GDP[?] (2014)
(descending): 136 in the world of 179 (24,58%); 35 in Africa from 47 (27,66%)
12,39 % (2,48 % annual) ↘
min: 7,21; max: 16,12; max-min: 8,91 (55,28%); mid: 11,66;
2,70 (18,83%)

Merchandise trade

44,76 % of GDP[?] (2015)
(descending): 128 in the world of 188 (32,45%); 34 in Africa from 51 (35,29%)
9,55 % (1,91 % annual) ↘
min: 4,53; max: 51,79; max-min: 47,25 (91,25%); mid: 28,16;
16,60 (37,09%)

Foreign direct investment, net inflows

1,57 % of GDP[?] (2015)
(descending): 133 in the world of 188 (29,79%); 39 in Africa from 52 (26,92%)
72,44 % (14,49 % annual) ↘
min: -0,121; max: 4,11; max-min: 4,23 (102,94%); mid: 1,99;
-0,426 (-27,20%)

Natural resources rents

19,00 % of GDP[?] (2012)
(descending): 19 in the world of 177 (89,83%); 12 in Africa from 52 (78,85%)
21,42 % (4,28 % annual) ↘
min: 5,21; max: 19,00; max-min: 13,79 (72,57%); mid: 12,10;
6,89 (36,29%)