BFA · Sub-Saharan Africa / Sub-Saharan Africa (excluding high income)

Location

GDP per capita: 982 USD (PPP: 2,896 intl$) · Total GDP: 23.1 billion USD (2024)

Income and purchasing power

The average monthly income in Burkina Faso is 71 USD per month. This compares to prices and purchasing power compared to the United States.

Compare cost of living and purchasing power →

Economic performance 2024

Indicator Value Per Capita
GDP 23.12 billion USD 982 USD
Gross National Product (GNI) 850 USD
GDP (PPP) 2,896 intl$

Development of gross domestic product in billions of USD 1960 - 2024

Year GDP (billions USD) GDP per capita (USD)
2024 23.12 982
2023 20.11 873
2022 18.62 827
2021 19.70 896
2020 17.73 825
2019 16.03 765
2018 15.89 777
2017 14.11 709
2016 12.83 664
2015 11.83 630
2014 13.94 765
2013 13.44 760
2012 12.56 731
2011 12.08 725
2010 10.11 625
2009 9.45 602
2008 9.45 619
2007 7.63 515
2006 6.55 456
2005 6.15 441
2004 5.45 404
2003 4.74 362
2002 3.62 286
2001 3.19 259
2000 2.97 249
1999 3.39 293
1998 2.80 250
1997 2.45 224
1996 2.59 243
1995 2.38 229
1994 1.90 187
1993 3.20 324
1992 3.36 349
1991 3.14 334
1990 3.10 339
1989 2.62 293
1988 2.62 301
1987 2.37 280
1986 2.04 247
1985 1.55 194
1984 1.46 188
1983 1.60 212
1982 1.75 239
1981 1.78 249
1980 1.93 278
1979 1.75 259
1978 1.48 224
1977 1.13 176
1976 0.98 155
1975 0.94 153
1974 0.75 125
1973 0.67 114
1972 0.58 100
1971 0.48 85
1970 0.46 82
1969 0.48 87
1968 0.46 85
1967 0.45 85
1966 0.43 83
1965 0.42 82
1964 0.41 81
1963 0.39 79
1962 0.38 77
1961 0.35 72
1960 0.33 69

Largest economic sectors

The main economic sectors in Burkina Faso play a crucial role in the country's economic development and prosperity. These industries contribute significantly to GDP, employment, and overall economic stability.

Primary Sectors

  • Banking and financial services
  • Construction and real estate
  • Manufacturing (metals, steel)
  • Information technology

Supporting Sectors

  • Logistics and transportation
  • Tourism and hospitality
  • Agriculture and food processing
  • Energy and utilities

Note: Detailed sector breakdown data is being collected and will be updated soon.

Imports and Exports 2024

Indicator Burkina Faso Per Capita
Imports 7.39 billion USD (31.9% of GDP)
Exports 6.60 billion USD (28.6% of GDP)

Household debt and deficits 2024

Indicator Burkina Faso
Government debt 14.32 billion USD (61.9% of GDP)

Corruption in Burkina Faso

The Corruption Perceptions Index for 2024 will be displayed here once the data is available. This section will show the country's ranking and trends in corruption perception.

Data source: Transparency International

Unemployment rates in percentages 1991 - 2025

The unemployment rate is calculated as the percentage of unemployed persons in the total labor force. Data source: ILOSTAT

Year Unemployment Rate (%)
2025 3.5%
2024 3.4%
2023 3.6%
2022 3.8%
2021 4.5%
2020 4.6%
2019 4.5%
2018 4.7%
2017 4.7%
2016 4.6%
2015 4.5%
2014 4.3%
2013 4.1%
2012 3.8%
2011 3.8%
2010 3.7%
2009 3.7%
2008 3.5%
2007 3.3%
2006 3.7%
2005 4.0%
2004 3.5%
2003 2.8%
2002 2.9%
2001 2.7%
2000 2.7%
1999 2.6%
1998 2.4%
1997 2.4%
1996 2.4%
1995 2.5%
1994 2.6%
1993 2.4%
1992 2.5%
1991 2.5%

Inflation rates in percentages 1960 - 2024

Year Inflation Rate (%)
2024 4.2%
2023 0.7%
2022 14.3%
2021 3.7%
2020 1.9%
2019 -3.2%
2018 2.0%
2017 1.5%
2016 0.4%
2015 0.7%
2014 -0.3%
2013 0.5%
2012 3.8%
2011 2.8%
2010 -0.8%
2009 2.6%
2008 10.7%
2007 -0.2%
2006 2.3%
2005 6.4%
2004 -0.4%
2003 2.0%
2002 2.2%
2001 5.0%
2000 -0.3%
1999 -1.1%
1998 5.1%
1997 2.3%
1996 6.1%
1995 7.5%
1994 25.2%
1993 0.6%
1992 -2.0%
1991 2.2%
1990 -0.5%
1989 -0.5%
1988 4.3%
1987 -2.7%
1986 -2.6%
1985 6.9%
1984 4.8%
1983 8.2%
1982 12.1%
1981 7.6%
1980 12.2%
1979 15.0%
1978 8.3%
1977 30.0%
1976 -8.4%
1975 18.8%
1974 8.7%
1973 7.6%
1972 -2.9%
1971 2.1%
1970 1.8%
1969 9.7%
1968 -0.3%
1967 -4.3%
1966 2.4%
1965 -0.7%
1964 1.8%
1963 5.6%
1962 1.7%
1961 18.6%
1960 7.8%

Frequently Asked Questions

What is the GDP per capita of Burkina Faso in 2024?

The GDP per capita of Burkina Faso is 982 USD in 2024. When adjusted for purchasing power parity (PPP), the GDP per capita is 2,896 international dollars. This indicator measures the economic output per person and is a key metric for comparing economic prosperity across countries.

What are the main industries in Burkina Faso?

The main economic sectors in Burkina Faso include banking and financial services, construction and real estate, manufacturing (metals, steel), and information technology. Supporting sectors include logistics and transportation, tourism and hospitality, agriculture and food processing, and energy and utilities. These industries contribute significantly to GDP, employment, and overall economic stability.

What is the inflation rate in Burkina Faso in 2024?

The inflation rate in Burkina Faso is 4.2% in 2024. Inflation measures the rate at which the general level of prices for goods and services rises, eroding purchasing power. This data is updated regularly from reliable sources like the World Bank and IMF.

Explore key economic indicators of Burkina Faso including GDP, inflation, unemployment, and trade data. This page provides up-to-date statistics and visual insights based on official international sources such as World Bank, IMF, and ILO.

Our comprehensive database allows you to compare Burkina Faso's economic performance with other countries and understand global economic trends. Access current economic indicators, historical data, and comparative analysis to gain a deeper understanding of Burkina Faso's economic landscape. For demographic data, visit our population statistics section.

Data Sources

All economic data presented on this page is sourced from reputable international organizations and updated regularly.

  • World Bank: GDP, inflation, unemployment, trade, and economic indicators
  • IMF (International Monetary Fund): Economic indicators and financial statistics
  • OECD: Economic and social statistics
  • Transparency International: Corruption perception index
  • Numbeo: Cost of living data

Data is updated monthly. Last update: June 2026