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 Trade Partners (2016): Switzerland, China, and Cote d'Ivoire
Top 3 Exported Goods (2016): Precious Stones & Metals, Cotton, and Oil Seeds

Top Industries Source: CIA World Factbook

Cotton Lint; Beverages; Agricultural Processing; Soap

Gross Domestic Product (GDP) [1]

GDP, PPP (current international) $35,886,982,641 (2017)
GDP Growth Rate (annual %) 6.743% (2017)
GDP Per Capita, PPP (current international) $1,870 (2017)
Click on a row to display its 5-year graph on the right.

GDP Country Rank 122/195 (2017)

GDP Composition %

Note: GDP composition percentage may exceed 100. Manufacturing is included in the Industry figures and is also reported separately because it plays a critical role in many economies.

Economic Indicators [1]

Inflation, consumer prices (annual %) -0.247% (2016)
External debt stocks, total (DOD, current US$) $2,824,879,000 (2016)
Total tax rate (% of commercial profits) 41.3% (2017)
Real Interest Rate (5 year average %) 1.222% (2016)
Manufacturing, value added (% of GDP) 5.57% (2017)
Current Account Balance (BoP, current US$) ($779,601,014) (2016)
Click on a row to display its 5-year graph on the right.

Labor and Employment [1]

Labor Force, Total 6,995,457 (2017)
Employment in Agriculture (% of total employment) 28.277% (2017)
Employment in Industry (% of total employment) 31.959% (2017)
Employment in Services (% of total employment) 39.764% (2017)
Unemployment Rate 6.304% (2017)
Click on a row to display its 5-year graph on the right.

Trade [1]

Imports of goods and services (current US$) $4,426,391,709 (2017)
Exports of goods and services (current US$) $3,661,820,002 (2017)
Total Merchandise Trade (% of GDP) 45.259% (2017)
FDI, net inflows (BoP, current US$) $390,311,401 (2016)
Commercial Service Exports (current US$) $427,832,621 (2016)
Click on a row to display its 5-year graph on the right.

Economic Snapshot [1]

Note: Percentile ranks are calculated using the latest available data for all countries within the last 5 years.

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

Sources

  1. The World Bank