Burkina Faso Economic Statistics and Indicators

26, Sep 2020, 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.
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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 %.