Home
→
Burkina Faso
Burkina Faso
HistorySaid - pattern
Burkina Faso matched the Fiscal Dominance Trap pattern in 2008. 1 pattern matches detected historically. View →
Economy & Growth
GDP $26.9B
GDP per Capita $1,115
GDP Growth 3.99%
▾
| Indicator | 2023 | 2024 | 2025 | 2025 | 2026 | 2027 | 2028 | 2029 | 2030 |
|---|---|---|---|---|---|---|---|---|---|
| Agriculture Value Added | 19.01% | 20.93% | 21.48% | 21.48% Trend | 22.26% Trend | 23.03% Trend | - | - | - |
| GDP | $20.1B | $23.1B | $26.9B | $26.9B IMF WEO Oct 2025 | $30.7B IMF WEO Oct 2025 | $33.0B IMF WEO Oct 2025 | $35.2B IMF WEO Oct 2025 | $37.6B IMF WEO Oct 2025 | $40.2B IMF WEO Oct 2025 |
| GDP Deflator | 1.97% | 9.67% | 7.05% | 7.05% Trend | 7.88% Trend | 8.70% Trend | - | - | - |
| GDP Growth | 3.00% | 4.80% | 3.99% | 3.99% IMF WEO Oct 2025 | 4.76% IMF WEO Oct 2025 | 4.70% IMF WEO Oct 2025 | 4.69% IMF WEO Oct 2025 | 4.72% IMF WEO Oct 2025 | 4.74% IMF WEO Oct 2025 |
| GDP PPP | $63.5B | $68.2B | $72.7B | $72.7B IMF WEO Oct 2025 | $77.6B IMF WEO Oct 2025 | $82.6B IMF WEO Oct 2025 | $87.9B IMF WEO Oct 2025 | $93.6B IMF WEO Oct 2025 | $99.9B IMF WEO Oct 2025 |
| GDP per Capita | $873 | $982 | $1,115 | $1,115 IMF WEO Oct 2025 | $1,246 IMF WEO Oct 2025 | $1,309 IMF WEO Oct 2025 | $1,365 IMF WEO Oct 2025 | $1,424 IMF WEO Oct 2025 | $1,490 IMF WEO Oct 2025 |
| GDP per Capita PPP | $2,759 | $2,896 | $3,019 | $3,019 IMF WEO Oct 2025 | $3,147 IMF WEO Oct 2025 | $3,275 IMF WEO Oct 2025 | $3,407 IMF WEO Oct 2025 | $3,548 IMF WEO Oct 2025 | $3,701 IMF WEO Oct 2025 |
| GNI | $19.0B | $21.7B | $21.7B | $21.7B Trend | $22.7B Trend | $23.7B Trend | - | - | - |
| GNI per Capita | $840 | $850 | $878 | $878 Trend | $896 Trend | $914 Trend | - | - | - |
| Gross Savings | 13.56% | 16.23% | 15.86% | 15.86% IMF WEO Oct 2025 | 17.58% IMF WEO Oct 2025 | 16.80% IMF WEO Oct 2025 | 15.60% IMF WEO Oct 2025 | 14.75% IMF WEO Oct 2025 | 13.98% IMF WEO Oct 2025 |
| Industry Value Added | 25.75% | 26.51% | 24.66% | 24.66% Trend | 23.79% Trend | 22.92% Trend | - | - | - |
| Services Value Added | 47.58% | 43.95% | 45.75% | 45.75% Trend | 45.77% Trend | 45.79% Trend | - | - | - |
Italic values are IMF World Economic Outlook projections.
Prices & Inflation
Inflation Rate 1.30%
Consumer Price Index 146.26
PPP Conversion Factor 199.73
▾
| Indicator | 2023 | 2024 | 2025 | 2025 | 2026 | 2027 | 2028 | 2029 | 2030 |
|---|---|---|---|---|---|---|---|---|---|
| Consumer Price Index | 131.76 | 137.28 | 146.26 | 146.26 Trend | 153.37 Trend | 160.47 Trend | - | - | - |
| Inflation Rate | 0.74% | 4.19% | 1.30% | 1.30% IMF WEO Oct 2025 | 2.40% IMF WEO Oct 2025 | 2.06% IMF WEO Oct 2025 | 2.03% IMF WEO Oct 2025 | 2.00% IMF WEO Oct 2025 | 2.00% IMF WEO Oct 2025 |
| PPP Conversion Factor | 192.02 | 205.61 | 199.73 | 199.73 Trend | 200.18 Trend | 200.63 Trend | - | - | - |
Italic values are IMF World Economic Outlook projections.
Population
Population 24.1M
Population Growth 2.18%
Population Density 87.9
▾
| Indicator | 2023 | 2024 | 2025 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|---|---|
| Birth Rate | 31.6 | - | 30.2 | 30.2 Trend | 29.6 Trend | - | - |
| Death Rate | 8.0 | - | 7.7 | 7.7 Trend | 7.6 Trend | - | - |
| Dependency Ratio | 81.89 | 80.03 | 78.23 | 78.23 Trend | 76.41 Trend | 74.59 Trend | - |
| Fertility Rate | 4.19 | - | 3.93 | 3.93 Trend | 3.81 Trend | - | - |
| Life Expectancy | 61.1 | - | 61.3 | 61.3 Trend | 61.5 Trend | - | - |
| Net Migration | -24,957 | -25,807 | -27,130 | - | -31,871 Trend | -34,766 Trend | -37,661 Trend |
| Population | 23.0M | 23.5M | 24.1M | 24.1M Trend | 24.6M Trend | 25.1M Trend | - |
| Population Density | 84.2 | - | 87.9 | 87.9 Trend | 89.8 Trend | - | - |
| Population Growth | 2.27% | 2.25% | 2.18% | 2.18% Trend | 2.13% Trend | 2.08% Trend | - |
| Refugee Population | - | - | - | - | - | - | - |
| Urban Population | 27.79% | 28.34% | 28.79% | 28.79% Trend | 29.29% Trend | 29.78% Trend | - |
Italic values are IMF World Economic Outlook projections.
Employment
Unemployment Rate 3.48%
Youth Unemployment 6.44%
Labor Force Participation 70.01%
▾
| Indicator | 2023 | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|---|
| Agriculture Employment | 52.70% | 52.23% | 51.78% | 51.40% Trend | 50.99% Trend | 50.58% Trend |
| Female Labor Participation | 64.72% | 64.11% | 64.07% | 62.65% Trend | 61.80% Trend | 60.96% Trend |
| Industry Employment | 16.56% | 16.61% | 16.67% | 16.73% Trend | 16.79% Trend | 16.85% Trend |
| Labor Force Participation | 71.20% | 70.06% | 70.01% | 68.45% Trend | 67.42% Trend | 66.40% Trend |
| Services Employment | 30.74% | 31.16% | 31.56% | 31.86% Trend | 32.21% Trend | 32.57% Trend |
| Unemployment Rate | 3.60% | 3.44% | 3.48% | - | - | - |
| Youth Unemployment | 6.57% | 6.53% | 6.44% | 6.00% Trend | 5.74% Trend | 5.48% Trend |
Italic values are IMF World Economic Outlook projections.
Government
Tax Revenue 20.34%
Government Spending 22.67%
Military Spending 5.30%
▾
| Indicator | 2023 | 2024 | 2025 | 2025 | 2026 | 2027 | 2028 | 2029 | 2030 |
|---|---|---|---|---|---|---|---|---|---|
| Budget Deficit | -6.91% | -5.84% | -4.00% | -4.00% IMF WEO Oct 2025 | -3.50% IMF WEO Oct 2025 | -3.04% IMF WEO Oct 2025 | -3.00% IMF WEO Oct 2025 | -3.00% IMF WEO Oct 2025 | -3.00% IMF WEO Oct 2025 |
| Government Debt to GDP | 56.82% | 57.25% | 53.18% | 53.18% IMF WEO Oct 2025 | 51.70% IMF WEO Oct 2025 | 51.13% IMF WEO Oct 2025 | 50.69% IMF WEO Oct 2025 | 50.29% IMF WEO Oct 2025 | 49.82% IMF WEO Oct 2025 |
| Government Revenue | 22.52% | 21.99% | 21.19% | 21.19% IMF WEO Oct 2025 | 21.45% IMF WEO Oct 2025 | 21.76% IMF WEO Oct 2025 | 22.09% IMF WEO Oct 2025 | 22.24% IMF WEO Oct 2025 | 22.40% IMF WEO Oct 2025 |
| Government Spending | 19.57% | - | 22.67% | 22.67% Trend | 23.42% Trend | - | - | - | - |
| Health Spending | 7.80% | - | 9.08% | 9.08% Trend | 9.62% Trend | - | - | - | - |
| Military Spending | 4.08% | 4.68% | 5.30% | 5.30% Trend | 5.99% Trend | 6.68% Trend | - | - | - |
| Tax Revenue | 18.55% | - | 20.34% | 20.34% Trend | 21.33% Trend | - | - | - | - |
Italic values are IMF World Economic Outlook projections.
Debt
External Debt $11.0B
External Debt to GNI 48.54%
Short-term Debt 0.00%
▾
| Indicator | 2023 | 2024 | 2025 | 2025 | 2026 | 2027 |
|---|---|---|---|---|---|---|
| Debt Service | 11.67% | 13.60% | 3.98% | 3.98% Trend | -0.64% Trend | -5.26% Trend |
| Domestic Credit | - | - | - | - | - | - |
| External Debt | $10.5B | $10.8B | $11.0B | $11.0B Trend | $11.2B Trend | $11.4B Trend |
| External Debt to GNI | 53.77% | 48.76% | 48.54% | 48.54% Trend | 46.74% Trend | 44.94% Trend |
| Interest Payments to Revenue | 10.12% | - | 11.94% | 11.94% Trend | 12.92% Trend | - |
| Short-term Debt | 0.00% | 0.00% | 0.00% | 0.00% Trend | 0.00% Trend | 0.00% Trend |
Italic values are IMF World Economic Outlook projections.
Money
Lending Rate 6.25%
Deposit Rate 5.30%
Real Interest Rate 6.13%
▾
| Indicator | 2023 | 2024 | 2025 | 2025 | 2026 | 2027 |
|---|---|---|---|---|---|---|
| Credit to GDP | 31.91% | 27.16% | 29.59% | 29.59% Trend | 29.53% Trend | 29.47% Trend |
| Deposit Rate | - | - | - | - | - | - |
| Lending Rate | - | - | - | - | - | - |
| M2 Money Supply Growth | -2.88% | 6.85% | -4.31% | -4.31% Trend | -8.47% Trend | -12.64% Trend |
| Non-Performing Loans | - | - | - | - | - | - |
| Real Interest Rate | - | - | - | - | - | - |
Italic values are IMF World Economic Outlook projections.
Currency
Exchange Rate 627.43
▾
| Indicator | 2023 | 2024 | 2025 | 2025 | 2026 | 2027 |
|---|---|---|---|---|---|---|
| Exchange Rate | 606.57 | 606.35 | 627.43 | 627.43 Trend | 638.78 Trend | 650.14 Trend |
| Foreign Reserves | - | - | - | - | - | - |
| Real Effective Exchange Rate | - | - | - | - | - | - |
| Reserves in Months of Imports | - | - | - | - | - | - |
Italic values are IMF World Economic Outlook projections.
Trade
Exports $6.9B
Imports $8.1B
Trade Balance $-1.6B
▾
| Indicator | 2023 | 2024 | 2025 | 2025 | 2026 | 2027 | 2028 | 2029 | 2030 |
|---|---|---|---|---|---|---|---|---|---|
| Current Account Balance | -5.06% | -5.70% | -1.62% | -1.62% IMF WEO Oct 2025 | -1.25% IMF WEO Oct 2025 | -1.45% IMF WEO Oct 2025 | -2.44% IMF WEO Oct 2025 | -3.21% IMF WEO Oct 2025 | -3.88% IMF WEO Oct 2025 |
| Exports | $5.9B | - | $6.9B | $6.9B Trend | $7.2B Trend | - | - | - | - |
| FDI Inflows | 0.54% | 0.36% | 1.54% | 1.54% Trend | 1.82% Trend | 2.10% Trend | - | - | - |
| FDI Outflows | 0.22% | 0.01% | 0.18% | 0.18% Trend | 0.24% Trend | 0.29% Trend | - | - | - |
| Imports | $6.8B | - | $8.1B | $8.1B Trend | $8.6B Trend | - | - | - | - |
| Remittances Received | $584.4M | $590.0M | $602.0M | $602.0M Trend | $616.5M Trend | $630.9M Trend | - | - | - |
| Tourism Receipts | - | - | - | - | - | - | - | - | - |
| Trade Balance | $-1.1B | $-783.2M | $-1.6B | $-1.6B Trend | $-2.0B Trend | $-2.5B Trend | - | - | - |
| Trade Openness | 63.13% | 60.50% | 62.93% | 62.93% Trend | 62.96% Trend | 62.98% Trend | - | - | - |
Italic values are IMF World Economic Outlook projections.
Financial Markets
▾
| Indicator | 2019 | 2020 | 2021 |
|---|---|---|---|
| Interest Rate Spread | 1.38% | 1.44% | 0.95% |
| Listed Companies | - | - | - |
| Market Capitalization | - | - | - |
| Stock Turnover Ratio | - | - | - |
Italic values are IMF World Economic Outlook projections.
Political Stability
Political Stability -2.36
Government Effectiveness -0.88
Regulatory Quality -0.51
▾
| Indicator | 2022 | 2023 | 2025 | 2025 | 2026 |
|---|---|---|---|---|---|
| Control of Corruption | -0.11 | -0.17 | -0.10 | -0.10 Trend | -0.09 Trend |
| Government Effectiveness | -0.85 | -0.83 | -0.88 | -0.88 Trend | -0.91 Trend |
| Political Stability | -1.82 | -2.04 | -2.36 | -2.36 Trend | -2.54 Trend |
| Regulatory Quality | -0.47 | -0.49 | -0.51 | -0.51 Trend | -0.52 Trend |
| Rule of Law | -0.61 | -0.74 | -0.83 | -0.83 Trend | -0.90 Trend |
| Voice and Accountability | -0.68 | -0.81 | -1.08 | -1.08 Trend | -1.25 Trend |
Italic values are IMF World Economic Outlook projections.
Health
Health Expenditure per Capita $87
Infant Mortality Rate 42.1
Maternal Mortality Ratio 271.20
▾
| Indicator | 2022 | 2023 | 2025 | 2025 | 2026 |
|---|---|---|---|---|---|
| Health Expenditure per Capita | $64 | $72 | $87 | $87 Trend | $94 Trend |
| Hospital Beds | - | - | - | - | - |
| Infant Mortality Rate | 46.1 | 44.8 | 42.1 | 42.1 Trend | 40.7 Trend |
| Maternal Mortality Ratio | 316.00 | 242.00 | 271.20 | 271.20 Trend | 263.00 Trend |
| Physicians | 0.15 | - | 0.17 | 0.17 Trend | - |
Italic values are IMF World Economic Outlook projections.
Education
Literacy Rate 43.24%
Tertiary Enrollment 11.03%
Education Spending 5.24%
▾
| Indicator | 2023 | 2024 | 2025 | 2025 | 2026 | 2027 |
|---|---|---|---|---|---|---|
| Education Spending | 5.33% | - | 5.24% | 5.24% Trend | 5.22% Trend | - |
| Literacy Rate | 41.44% | - | 43.24% | 43.24% Trend | 44.50% Trend | - |
| Primary Completion Rate | 51.69% | 51.99% | 47.97% | 47.97% Trend | 44.79% Trend | 41.61% Trend |
| Primary Enrollment | 72.24% | 77.17% | 70.52% | 70.52% Trend | 66.94% Trend | 63.35% Trend |
| Secondary Enrollment | 30.86% | 29.99% | 26.63% | 26.63% Trend | 24.05% Trend | 21.46% Trend |
| Tertiary Enrollment | 10.11% | 10.04% | 11.03% | 11.03% Trend | 11.59% Trend | 12.15% Trend |
| Youth Literacy Rate | - | - | 66.00% | 66.00% Trend | - | - |
Italic values are IMF World Economic Outlook projections.
Energy
Renewable Energy 69.37%
▾
| Indicator | 2022 | 2023 | 2025 | 2025 | 2026 |
|---|---|---|---|---|---|
| CO2 Emissions | - | - | - | - | - |
| CO2 per Capita | - | - | - | - | - |
| Electricity Access | 19.50% | 21.70% | 22.94% | 22.94% Trend | 23.86% Trend |
| Energy Use per Capita | 313 | - | 310 | 310 Trend | - |
| Forest Area | 22.36% | 22.17% | 21.81% | 21.81% Trend | 21.62% Trend |
| Renewable Energy | 71.40% | - | 69.37% | 69.37% Trend | - |
Italic values are IMF World Economic Outlook projections.
Technology
Internet Users 20.59%
Mobile Subscriptions 137.65
R&D Spending 0.25%
▾
| Indicator | 2023 | 2024 | 2025 | 2025 | 2026 | 2027 |
|---|---|---|---|---|---|---|
| High-tech Exports | 3.80% | 1.65% | 1.94% | 1.94% Trend | 1.74% Trend | 1.54% Trend |
| Internet Users | 17.02% | - | 20.59% | 20.59% Trend | 22.52% Trend | - |
| Mobile Subscriptions | - | - | 137.65 | 137.65 Trend | - | - |
| Patent Applications | - | - | - | - | - | - |
| R&D Spending | - | - | - | - | - | - |
Italic values are IMF World Economic Outlook projections.
Inequality
Gini Index 37.4
Poverty Rate 42.10%
Income Share Top 10% 30.20%
▾
| Indicator | 2014 | 2018 | 2021 |
|---|---|---|---|
| Gini Index | 35.3 | 43.0 | 37.4 |
| Income Share Bottom 10% | 3.60% | 2.60% | 3.00% |
| Income Share Top 10% | 29.60% | 35.30% | 30.20% |
| Poverty Rate | 58.70% | 47.70% | 42.10% |
Italic values are IMF World Economic Outlook projections.
Data & analysis
Real GDP growth (%)
| 2023 | 2.96 |
| 2024 | 4.45 |
| 2025 | 4.34 |
| 2026 | 4.53 |
| 2027 | 4.75 |
| 2028 | 4.90 |
| 2029 | 4.90 |
| 2030 | 5.03 |
CPI inflation (%)
| 2023 | 0.94 |
| 2024 | 4.19 |
| 2025 | 2.96 |
| 2026 | 2.49 |
| 2027 | 2.06 |
| 2028 | 2.03 |
| 2029 | 2.00 |
| 2030 | 2.00 |
Unemployment rate (%)
| 2023 | 0.00 |
| 2024 | 0.00 |
| 2025 | 0.00 |
| 2026 | 0.00 |
| 2027 | 0.00 |
| 2028 | 0.00 |
| 2029 | 0.00 |
| 2030 | 0.00 |
Source: IMF World Economic Outlook via DBnomics
Burkina Faso’s macroeconomic trajectory from 2023 to 2030 depicts a modest recovery and stabilization phase following a period of extreme price volatility. Real GDP growth is projected to rise steadily from 2.96 percent in 2023 to 5.03 percent by 2030, indicating gradual expansion in a low-income Sub-Saharan African economy. Inflation, which spiked to 4.19 percent in 2024, is forecast to decelerate sharply to 2.00 percent by 2029 and remain anchored there through 2030, suggesting successful monetary containment. This stabilization contrasts sharply with the country’s historical extremes, as it previously held the global ranking of #1 Inflation Rate in 1972, 1976, and again in 2019, reflecting recurring episodes of hyperinflationary pressure. The current data signals a break from that pattern, with inflation converging toward single-digit stability while growth accelerates. However, the absence of unemployment data obscures whether this expansion translates into broad-based labor market gains. Sustaining this favorable trajectory would require continued fiscal discipline and resilience against external shocks, such as commodity price swings or security disruptions, that have historically derailed Burkina Faso’s economic progress.