highly agrarian, low-income economy; limited natural resources; widespread poverty; terrorism disrupting potential economic activity; improving trade balance via increases in gold exports; economy inflating after prior deflation; growing public debt but still manageable
$48.175 billion (2021 est.)
$45.063 billion (2020 est.)
$44.209 billion (2019 est.)
note: data are in 2017 dollars
6.91% (2021 est.)
1.93% (2020 est.)
5.69% (2019 est.)
$2,200 (2021 est.)
$2,100 (2020 est.)
$2,100 (2019 est.)
note: data are in 2017 dollars
$14.271 billion (2018 est.)
3.65% (2021 est.)
1.88% (2020 est.)
-3.23% (2019 est.)
Standard & Poors rating: B (2017)
note: The year refers to the year in which the current credit rating was first obtained.
agriculture: 31% (2017 est.)
industry: 23.9% (2017 est.)
services: 44.9% (2017 est.)
household consumption: 56.5% (2017 est.)
government consumption: 23.9% (2017 est.)
investment in fixed capital: 24.6% (2017 est.)
investment in inventories: 1% (2017 est.)
exports of goods and services: 28.4% (2017 est.)
imports of goods and services: -34.4% (2017 est.)
sorghum, maize, millet, cotton, cow peas, sugar cane, groundnuts, rice, sesame seed, vegetables
cotton lint, beverages, agricultural processing, soap, cigarettes, textiles, gold
8.73% (2021 est.)
8.016 million (2021 est.)
note: a large part of the male labor force migrates annually to neighboring countries for seasonal employment
agriculture: 90%
industry and services: 10% (2000 est.)
4.76% (2021 est.)
4.89% (2020 est.)
4.69% (2019 est.)
total: 7.7%
male: 7.5%
female: 8% (2021 est.)
41.4% (2018 est.)
47.3 (2018 est.)
lowest 10%: 2.9%
highest 10%: 32.2% (2009 est.)
revenues: $3.212 billion (2019 est.)
expenditures: $3.757 billion (2019 est.)
-7.9% (of GDP) (2017 est.)
72.53% of GDP (2020 est.)
46.64% of GDP (2019 est.)
45.57% of GDP (2018 est.)
13.28% (of GDP) (2020 est.)
calendar year
$743.232 million (2020 est.)
-$523.837 million (2019 est.)
-$664.797 million (2018 est.)
$5.356 billion (2020 est.)
$4.468 billion (2019 est.)
$4.511 billion (2018 est.)
note: Data are in current year dollars and do not include illicit exports or re-exports.
Switzerland 59%, India 21% (2019)
gold, cotton, zinc, cashews, sesame seeds (2021)
$4.779 billion (2020 est.) note: data are in current year dollars
$5.023 billion (2019 est.) note: data are in current year dollars
$5.167 billion (2018 est.)
Cote d'Ivoire 15%, China 9%, Ghana 8%, France 8%, India 6%, United States 5% (2019)
refined petroleum, delivery trucks, packaged medicines, electricity, aircraft (2019)
$49 million (31 December 2017 est.)
$50.9 million (31 December 2016 est.)
$3.056 billion (31 December 2017 est.)
$2.88 billion (31 December 2016 est.)
Communaute Financiere Africaine francs (XOF) per US dollar -
554.531 (2021 est.)
575.586 (2020 est.)
585.911 (2019 est.)
555.446 (2018 est.)
580.657 (2017 est.)
NOTE: The information regarding Burkina Faso on this page is re-published from the 2023 World Fact Book of the United States Central Intelligence Agency and other sources. No claims are made regarding the accuracy of Burkina Faso 2023 information contained here. All suggestions for corrections of any errors about Burkina Faso 2023 should be addressed to the CIA or the source cited on each page.
This page was last modified 06 Dec 23, Copyright © 2023 ITA all rights reserved.