Burkina Faso Economic Statistics and Indicators

21, May 2018, EDT. Welcome to the Burkina Faso economic statistics pages provided by the beta version of EconomyWatch.com's Econ Stats database.

Economic Indicators For: Burkina Faso › Change country
National or Regional Currency: Central African Franc, XAF
Year of data: 2015 › Change year
Number of Indicators Listed: 35
Full Dataset: From Year 1980 to 2019
Date of Last Update: 17th March 2015
Population: 18365123 ; note: estimates for this country explicitly take into account the effects of excess mortality due to AIDS; this can result in lower life expectancy, higher infant mortality, higher death rates, lower population growth rates, and changes in the distribution of population by age and sex than would otherwise be expected (July 2014 est.)
Area: total: 274,200 sq km ; land: 273,800 sq km ; water: 400 sq km
Natural Resources: manganese, limestone, marble; small deposits of gold, phosphates, pumice, salt
Capital: name: Ouagadougou ; geographic coordinates: 12 22 N, 1 31 W ; time difference: UTC 0 (5 hours ahead of Washington, DC, during Standard Time)

Burkina Faso is a poor, landlocked country that depends on adequate rainfall. About 90% of the population is engaged in subsistence agriculture and cotton is the main cash crop. The country has few natural resources and a weak industrial base. Cotton and gold are key exports. Since 1998, Burkina Faso has begun to privatize state-owned enterprises and in 2004 revised its investment code to attract foreign investment. As a result, the country has seen an upswing in gold exploration, production, and export. The Burkinabe economy experienced high levels of growth over the last few years but growth is highly dependent on swings in gold and cotton prices. In 2013 Burkina Faso experienced a number of public protests over the cost of living, corruption, and other socioeconomic issues. To defuse tensions the government has offered higher housing bonuses, reduced income taxes, and price controls. Turmoil in neighboring Mali, unreliable energy supplies, and poor transportation links pose longer-term challenges.
More on the Burkina Faso Economy
More on the Burkina Faso Export, Import and Trade

Economic Indicator Listing
  For Burkina Faso in year 2015 Indicator Value
GDP Growth (Constant Prices, National Currency) 4.001 %
GDP (Current Prices, National Currency)XAF 6,507.85 Billion.
GDP (Current Prices, US Dollars)US$ 11.009 Billion
GDP Deflator 147.922 (Index, Base Year as per country's accounts = 100)
GDP Per Capita (Constant Prices, National Currency)XAF 245,576.99 .
GDP Per Capita (Current Prices, National Currency)XAF 363,262.70 .
GDP Per Capita (Current Prices, US Dollars)US$ 614.5
GDP (PPP), US DollarsUS$ 30.878 Billion
GDP Per Capita (PPP), US DollarsUS$ 1,723.56
GDP Share of World Total (PPP) 0.027 %
Implied PPP Conversion Rate 210.763
Investment (% of GDP) 14.198 %
Gross National Savings (% of GDP) 8.548 %
Inflation, Average Consumer Prices (Indexed to Year 2000) 108.223 (Index, Base Year 2000 = 100)
Inflation (Average Consumer Price Change %) 0.914 %
Inflation, End of Year (Indexed to Year 2000) 108.476 (Index, Base Year 2000 = 100)
Inflation (End of Year Change %) 1.274 %
Import Volume of All Items Including Goods and Services (Percent Change) -19.406 %
Import Volumes of Goods Only (Percent Change) -20.157 %
Export Volume of All Items Including Goods and Services (Percent Change) -9.662 %
Export Volumes of Goods Only (Percent Change) -9.064 %
Population 17.915 Million
General government revenue (National Currency)XAF 1,285.98 Billions.
General government revenue (% of GDP) 19.76 %
General government total expenditure (National Currency)XAF 1,384.28 Billions.
General government total expenditure (% of GDP) 21.271 %
Total Government Net Lending/ Borrowing (National Currency)XAF -98.297 Billions.
Total Government Net Lending/ Borrowing (% of GDP) -1.51 %
Fiscal Year Gross Domestic Product, Current PricesXAF 6,507.85 Billions.
Current Account Balance (US Dollars)US$ -0.622 Billion
Current Account Balance (% GDP) -5.65 %
Economic Indicators for Burkina Faso 2015

GDP (Constant Prices, National Currency) for Burkina Faso in year 2015 is XAF 4,399.51 Billion.

GDP Growth (Constant Prices, National Currency) for Burkina Faso in year 2015 is 4.001 %.

GDP (Current Prices, National Currency) for Burkina Faso in year 2015 is XAF 6,507.85 Billion.

GDP (Current Prices, US Dollars) for Burkina Faso in year 2015 is US$ 11.009 Billion.

GDP Deflator for Burkina Faso in year 2015 is 147.922 (Index, Base Year as per country's accounts = 100).

GDP Per Capita (Constant Prices, National Currency) for Burkina Faso in year 2015 is XAF 245,576.99 .

GDP Per Capita (Current Prices, National Currency) for Burkina Faso in year 2015 is XAF 363,262.70 .

GDP Per Capita (Current Prices, US Dollars) for Burkina Faso in year 2015 is US$ 614.5 .

GDP (PPP), US Dollars for Burkina Faso in year 2015 is US$ 30.878 Billion.

GDP Per Capita (PPP), US Dollars for Burkina Faso in year 2015 is US$ 1,723.56 .

GDP Share of World Total (PPP) for Burkina Faso in year 2015 is 0.027 %.

Implied PPP Conversion Rate for Burkina Faso in year 2015 is 210.763 .

Investment (% of GDP) for Burkina Faso in year 2015 is 14.198 %.

Gross National Savings (% of GDP) for Burkina Faso in year 2015 is 8.548 %.

Inflation, Average Consumer Prices (Indexed to Year 2000) for Burkina Faso in year 2015 is 108.223 (Index, Base Year 2000 = 100).

Inflation (Average Consumer Price Change %) for Burkina Faso in year 2015 is 0.914 %.

Inflation, End of Year (Indexed to Year 2000) for Burkina Faso in year 2015 is 108.476 (Index, Base Year 2000 = 100).

Inflation (End of Year Change %) for Burkina Faso in year 2015 is 1.274 %.

Import Volume of All Items Including Goods and Services (Percent Change) for Burkina Faso in year 2015 is -19.406 %.

Import Volumes of Goods Only (Percent Change) for Burkina Faso in year 2015 is -20.157 %.

Export Volume of All Items Including Goods and Services (Percent Change) for Burkina Faso in year 2015 is -9.662 %.

Export Volumes of Goods Only (Percent Change) for Burkina Faso in year 2015 is -9.064 %.

Population for Burkina Faso in year 2015 is 17.915 Million .

General government revenue (National Currency) for Burkina Faso in year 2015 is XAF 1,285.98 Billions.

General government revenue (% of GDP) for Burkina Faso in year 2015 is 19.76 %.

General government total expenditure (National Currency) for Burkina Faso in year 2015 is XAF 1,384.28 Billions.

General government total expenditure (% of GDP) for Burkina Faso in year 2015 is 21.271 %.

Total Government Net Lending/ Borrowing (National Currency) for Burkina Faso in year 2015 is XAF -98.297 Billions.

Total Government Net Lending/ Borrowing (% of GDP) for Burkina Faso in year 2015 is -1.51 %.

Fiscal Year Gross Domestic Product, Current Prices for Burkina Faso in year 2015 is XAF 6,507.85 Billions.

Current Account Balance (US Dollars) for Burkina Faso in year 2015 is US$ -0.622 Billion.

Current Account Balance (% GDP) for Burkina Faso in year 2015 is -5.65 %.

* Source: IMF
Aggregate Indicators for Burkina Faso
Indicators
  Geography (Location, geographic coordinates, map references, area, terrain, elevation extremes, borders, coastline and maritime claims) for Burkina Faso
  Climate and Environment (climate, environmental issues, environmental agreements, natural hazards) for Burkina Faso
  Natural Resources, Agricultural Products, Land Use and Water Use for Burkina Faso
  Nationality, Ethnic Groups, Languages and Religions for Burkina Faso
  Telephone Statistics: Number of Fixed Lines, Mobile Phone Penetration Rate for Burkina Faso
  Age Structure, Median Age, Gender and Urbanization for Burkina Faso
  Population Growth Rate, Birth Rate, Death Rate, Net Migration Rate for Burkina Faso
  Life Expectancy Rate, Infant Mortality Rate and Total Fertility Rate for Burkina Faso
  HIV, AIDS and Other Major Infectious Disease Rates for Burkina Faso
  Literacy Rate, Educational Expenditure and School Life Expectancy for Burkina Faso
  Gross Domestic Product (PPP, Official Exchange Rate, Real Growth Rate and Per Capita) for Burkina Faso
  Industries and Industrial Growth Production Rate for Burkina Faso
  Labor Force by Occupation for Burkina Faso
  Poverty Line, Gini Index, Household Income and Consumption for Burkina Faso
  National Budget and Public Debt for Burkina Faso
  Bank Rates (Commercial Bank Prime Lending Rate, Central Bank Discount Rate) for Burkina Faso
  Stock of Money, Stock of Quasi Money, Stock of Domestic Credit for Burkina Faso
  Stock Market Capitalization: Market Value of Publicly Traded Shares for Burkina Faso
  Trade Statistics, Export Statistics, Export Partners and Products, Import Statistics, Import Partners and Products for Burkina Faso
  Foreign Exchange Reserves and Gold Reserves for Burkina Faso
  FDI Statistics (Foreign Direct Investment at Home/ Inbound FDI, Foreign Direct Investment Abroad/ Outbound FDI) for Burkina Faso
  Exchange Rate Statistics for Burkina Faso
  Electricity Production, Electricity Consumption, Electricity Exports and Electricity Imports for Burkina Faso
  Oil Production, Proven Oil Reserves, Oil Consumption, Oil Exports and Oil Imports for Burkina Faso
  Natural Gas Production, Proven Natural Gas Reserves, Natural Gas Consumption, Natural Gas Exports and Natural Gas Imports for Burkina Faso
  Television and Radio Statistics (TV Stats, Radio Stats) for Burkina Faso
  Internet Statistics (Internet Users, Internet Hosts, Country TLD) for Burkina Faso
  Airport Statistics (Paved Runway Airports, Unpaved Runway Airports, Heliports) for Burkina Faso
  Transport Statistics (Railways, Roadways, Waterways, Ports and Terminals, Airports, Merchant Marine) for Burkina Faso
  Military Statistics (Military Expenditure, Military Branches, Service Age and Obligation, Manpower Available and Fit for Military Service) for Burkina Faso
  Disputes, Refugees, Human Trafficking and Illicit Drug Production for Burkina Faso
* Source: CIA
Internet Indicators for Burkina Faso
Indicators
  Number of Internet Users for Burkina Faso
  Internet Penetration Rate for Burkina Faso
  Number of Facebook Accounts for Burkina Faso
  Facebook Penetration Rate for Burkina Faso
* Source: IWS
Economic Freedom Indicators for Burkina Faso
Indicators
  Economic Freedom World Rank for Burkina Faso
  Government Spending for Burkina Faso
  Monetary Freedom for Burkina Faso
  Investment Freedom for Burkina Faso
  Financial Freedom for Burkina Faso
  Property Rights for Burkina Faso
  Economic Freedom Regional Ranking for Burkina Faso
  Freedom from Corruption for Burkina Faso
  Labor Freedom for Burkina Faso
  Tariff Rate for Burkina Faso
  Income Tax Rate for Burkina Faso
  Corporate Tax Rate for Burkina Faso
  Tax Burden % of GDP for Burkina Faso
  Government Expenditure % of GDP for Burkina Faso
  Business Freedom for Burkina Faso
  Trade Freedom for Burkina Faso
  Fiscal Freedom for Burkina Faso
  2016 Score for Burkina Faso
* Source: HFO
Burkina Faso Economic Indicators in other Years
  Burkina Faso Economic Indicators for Year 2021 (Forecast)
  Burkina Faso Economic Indicators for Year 2020 (Forecast)
  Burkina Faso Economic Indicators for Year 2019 (Forecast)
  Burkina Faso Economic Indicators for Year 2018 (Forecast)
  Burkina Faso Economic Indicators for Year 2017 (Forecast)
  Burkina Faso Economic Indicators for Year 2016 (Forecast)
Burkina Faso Economic Indicators for Year 2015 (Current)
  Burkina Faso Economic Indicators for Year 2014
  Burkina Faso Economic Indicators for Year 2013
  Burkina Faso Economic Indicators for Year 2012
  Burkina Faso Economic Indicators for Year 2011
  Burkina Faso Economic Indicators for Year 2010
  Burkina Faso Economic Indicators for Year 2009
  Burkina Faso Economic Indicators for Year 2008
  Burkina Faso Economic Indicators for Year 2007
  Burkina Faso Economic Indicators for Year 2006
  Burkina Faso Economic Indicators for Year 2005
  Burkina Faso Economic Indicators for Year 2004
  Burkina Faso Economic Indicators for Year 2003
  Burkina Faso Economic Indicators for Year 2002
  Burkina Faso Economic Indicators for Year 2001
  Burkina Faso Economic Indicators for Year 2000
  Burkina Faso Economic Indicators for Year 1999
  Burkina Faso Economic Indicators for Year 1998
  Burkina Faso Economic Indicators for Year 1997
  Burkina Faso Economic Indicators for Year 1996
  Burkina Faso Economic Indicators for Year 1995
  Burkina Faso Economic Indicators for Year 1994
  Burkina Faso Economic Indicators for Year 1993
  Burkina Faso Economic Indicators for Year 1992
  Burkina Faso Economic Indicators for Year 1991
  Burkina Faso Economic Indicators for Year 1990
  Burkina Faso Economic Indicators for Year 1989
  Burkina Faso Economic Indicators for Year 1988
  Burkina Faso Economic Indicators for Year 1987
  Burkina Faso Economic Indicators for Year 1986
  Burkina Faso Economic Indicators for Year 1985
  Burkina Faso Economic Indicators for Year 1984
  Burkina Faso Economic Indicators for Year 1983
  Burkina Faso Economic Indicators for Year 1982
  Burkina Faso Economic Indicators for Year 1981
  Burkina Faso Economic Indicators for Year 1980


Data Sources: IMF, World Bank, UN, OECD, CIA World Factbook, Internet World Statistics, The Heritage Foundation and Transparency International