Burkina Faso: Economy

Economic Trivia

About 90% of the population is engaged in subsistence agriculture.

Trade Source: United Nations Comtrade
Note: Top 3 trade partners are calculated by imports + exports.

Top 3 Exported Goods: Data unavailable Top 3 Exported Goods: Precious Stones & Metals, Cotton, and Oil & Mineral Fuels

Top Industries Source: CIA World Factbook

Cotton Lint; Beverages; Agricultural Processing; Soap

Gross Domestic Product (GDP) Source: The World Bank

GDP, PPP (current international $) $26 billion (2013)
GDP Growth Rate (annual %) 6.529% (2013)
GDP Per Capita, PPP (current international $) $1,514 (2013)
Click on a row to display its 5-year graph on the right.

GDP Country Rank 126/192 (2013)

Economic Indicators Source: The World Bank

Inflation, consumer prices (annual %) 0.538% (2013)
External debt stocks, total (DOD, current US$) $2,564 million (2013)
Total tax rate (% of commercial profits) 41.3% (2014)
Real Interest Rate (5 year average %) 16.486% (1992)
Manufacturing, value added (% of GDP) 5.85% (2012)
Current Account Balance (BoP, current US$) $-181,447,950 (2010)
Click on a row to display its 5-year graph on the right.

Labor and Employment Source: The World Bank

Labor Force, Total 7,691,776 (2013)
Employment in Agriculture (% of total employment) 84.8% (2005)
Employment in Industry (% of total employment) 3.1% (2005)
Employment in Services (% of total employment) 12.2% (2005)
Unemployment Rate 3.1% (2013)
Click on a row to display its 5-year graph on the right.
Imports of goods and services (current US$) $3,675 million (2012)
Exports of goods and services (current US$) $2,948 million (2012)
Total Merchandise Trade (% of GDP) 49.73% (2013)
FDI, net inflows (BoP, current US$) $374 million (2013)
Commercial Service Exports (current US$) $264,781,111 (2010)
Click on a row to display its 5-year graph on the right.

How to interpret the graph: The purpose of this graph is to take a snapshot of a country’s economy in comparison to other economies. For example, Burkina Faso’s Exports rank is higher than (please wait...) of the countries in the dataset. For Exports, FDI and GDP measures, a higher rank (closer to 100%) indicates a stronger economy. Conversely, for Unemployment and Inflation, a lower rank (closer to 0%) indicates a stronger economy.

Due to unavailable data the following indicators have been omitted:
  • Exports
  • FDI, net inflows
  • GDP Growth Rate
  • GDP Per Capita
  • Inflation
  • Unemployment

Glossary