Home Burkina Faso Budget Deficit 2023

Burkina Faso - Budget Deficit 2023

General government net lending/borrowing as % of GDP · IMF WEO
-6.91% +3.98% from 2022 Global rank: 21st

Burkina Faso's budget deficit was -6.91% in 2023, increased +3.98% from -10.89% in 2022. This was the 21st highest globally.

Global Ranking - 2023
Budget Deficit by Country - 2023
RankCountryValueYoY
1st Timor-Leste -34.73% -17.8%
2nd Ukraine -19.34% -24.0%
3rd Senegal -14.77% 8.5%
4th Maldives -13.17% -18.0%
5th St. Vincent and the Grenadines -11.96% -28.0%
6th Bolivia, Plurinational State of -10.95% -53.7%
7th Brunei Darussalam -10.86% -529.2%
8th Bahrain -9.68% -60.6%
9th Sri Lanka -8.32% 18.6%
10th Guinea-Bissau -8.15% -34.6%
11th Malawi -7.84% 15.9%
12th United States -7.80% -109.6%
13th Pakistan -7.76% 1.0%
14th Brazil -7.71% -94.5%
15th Burundi -7.70% 28.3%
16th India -7.40% 17.5%
17th Italy -7.24% 10.7%
18th Fiji -7.15% 41.7%
19th Liberia -7.03% -31.8%
20th Tunisia -7.03% -1.7%
21st Burkina Faso -6.91% 36.5%
22nd Jordan -6.89% -1.3%
23rd Hungary -6.75% -9.3%
24th Togo -6.73% 19.3%
25th China -6.71% 8.3%
26th United Kingdom -6.05% -32.9%
27th Nepal -5.81% -86.2%
28th Guyana -5.78% -13.1%
29th Egypt, Arab Republic of -5.77% -0.4%
30th Kenya -5.71% 5.7%
31st Hong Kong SAR, China -5.65% 14.1%
32nd Yemen, Republic of -5.63% -161.9%
33rd Romania -5.61% 3.8%
34th South Africa -5.55% -30.5%
35th Algeria -5.52% -86.2%
36th Zambia -5.48% 29.9%
37th France -5.44% -14.8%
38th Niger -5.37% 20.6%
39th Argentina -5.33% -38.9%
40th Poland -5.27% -53.4%
41st Türkiye -5.22% -375.9%
42nd Côte d'Ivoire -5.19% 22.9%
43rd Myanmar -5.18% -83.8%
44th Slovak Republic -5.15% -345.3%
45th Moldova -5.13% -58.3%
46th Israel -5.06% -1,685.3%
47th Rwanda -5.04% 12.1%
48th Sierra Leone -4.99% 15.9%
49th Uganda -4.87% 10.5%
50th Bhutan -4.73% 32.0%
51st El Salvador -4.69% -74.6%
52nd Malta -4.65% 12.5%
53rd North Macedonia -4.61% 11.8%
54th Dominica -4.51% 37.4%
55th Mauritius -4.48% -42.4%
56th Morocco -4.41% 17.9%
57th Bangladesh -4.39% 3.1%
58th Philippines -4.38% 20.1%
59th Papua New Guinea -4.34% 17.3%
60th Mexico -4.29% 0.8%
61st Mozambique -4.26% 18.4%
62nd Botswana -4.25% -70,800.0%
63rd Madagascar -4.20% 23.2%
64th Benin -4.13% 25.7%
65th Belgium -4.10% -13.1%
66th Uzbekistan -4.03% -10.4%
67th Malaysia -3.97% 12.9%
68th Zimbabwe -3.90% -18.2%
69th Panama -3.90% 2.0%
70th Guinea -3.86% -105.1%
71st Paraguay -3.81% -44.4%
72nd Solomon Islands -3.81% -51.7%
73rd Czechia -3.74% -21.7%
74th Sudan -3.70% -72.1%
75th Gambia, The -3.69% 35.4%
76th Tanzania -3.67% 6.4%
77th Bahamas, The -3.66% 33.9%
78th Mali -3.57% 24.8%
79th New Zealand -3.54% 14.9%
80th Spain -3.52% 24.1%
81st Ecuador -3.48% -8,011.4%
82nd Djibouti -3.46% -133.0%
83rd Central African Republic -3.44% 34.3%
84th Latvia -3.38% 14.4%
85th Ghana -3.37% 71.4%
86th Dominican Republic -3.28% -1.0%
87th Costa Rica -3.25% -15.9%
88th Namibia -3.14% 50.3%
89th Uruguay -3.14% -24.4%
90th Estonia -3.13% -189.6%
91st Nigeria -3.13% 21.9%
92nd Bulgaria -3.03% -279.3%
93rd St. Lucia -3.03% -82.7%
94th Finland -2.99% -1,567.6%
95th Colombia -2.92% 53.9%
96th Cambodia -2.83% -861.9%
97th Peru -2.78% -101.1%
98th Austria -2.62% 20.8%
99th Slovenia -2.59% 14.2%
100th Iran, Islamic Republic of -2.54% 3.8%
101st Germany -2.49% -30.6%
102nd Mauritania -2.45% 20.9%
103rd Belize -2.42% -132.4%
104th Georgia -2.33% -6.0%
105th Iceland -2.28% 42.1%
106th Chile -2.27% -267.2%
107th Japan -2.26% 46.4%
108th Russian Federation -2.22% -65.1%
109th São Tomé and Principe -2.13% 4.9%
110th Armenia -2.02% 4.4%
111th Thailand -1.98% 57.1%
112th Honduras -1.96% -225.0%
113th Angola -1.83% -413.4%
114th Saudi Arabia -1.77% -179.1%
115th Viet Nam -1.72% -356.0%
116th Lebanon -1.70% 78.1%
117th Antigua and Barbuda -1.70% 40.3%
118th Barbados -1.69% 11.5%
119th Suriname -1.68% 37.6%
120th Bosnia and Herzegovina -1.67% -1,221.5%
121st Congo, Democratic Republic of -1.65% -64.6%
122nd Indonesia -1.64% 28.8%
123rd Kazakhstan -1.52% -1,550.5%
124th Greece -1.35% 45.0%
125th Comoros -1.34% 65.9%
126th Afghanistan -1.33% -33.4%
127th Albania -1.32% 63.8%
128th Australia -1.27% 42.7%
129th Chad -1.26% -133.2%
130th Guatemala -1.25% 26.1%
131st Serbia -1.21% -758.9%
132nd Trinidad and Tobago -1.20% -225.2%
133rd Seychelles -1.15% -51.1%
134th Iraq -1.14% -114.1%
135th West Bank and Gaza -0.95% -3.4%
136th Vanuatu -0.95% 85.4%
137th Tajikistan -0.93% -297.4%
138th Croatia -0.79% -748.4%
139th Luxembourg -0.78% -523.9%
140th San Marino -0.72% -270.8%
141st Lithuania -0.69% 3.8%
142nd Korea -0.67% 55.2%
143rd Eswatini -0.66% 87.6%
144th Cameroon -0.64% 42.9%
145th Sweden -0.63% -162.8%
146th Netherlands -0.37% -18,650.0%
147th Cabo Verde -0.28% 93.5%
148th St. Kitts and Nevis -0.28% 93.4%
149th Lao PDR -0.01% -120.3%
150th Jamaica 0.04% -86.4%
151st Somalia, Fed. Rep. 0.05% 100.0%
152nd Canada 0.07% -87.1%
153rd Turkmenistan 0.11% -96.7%
154th Switzerland 0.12% -89.8%
155th Kiribati 0.13% 100.7%
156th Puerto Rico (US) 0.33% -81.7%
157th Palau 0.73% 118.3%
158th Belarus 0.76% 138.4%
159th Haiti 0.77% 143.8%
160th Montenegro 0.86% 121.0%
161st Macao SAR, China 1.07% 102.9%
162nd Marshall Islands 1.14% 67.5%
163rd Portugal 1.21% 489.7%
164th Ireland 1.52% -8.6%
165th Kyrgyz Republic 1.59% 639.5%
166th Cyprus 1.70% -35.9%
167th Gabon 1.79% 301.5%
168th Andorra 2.15% -55.7%
169th Nicaragua 2.31% 256.7%
170th Equatorial Guinea 2.39% -79.6%
171st Samoa 2.70% -46.3%
172nd Mongolia 2.73% 306.7%
173rd Aruba 3.09% 711.1%
174th Denmark 3.43% 1.2%
175th Singapore 3.47% 187.1%
176th Liechtenstein 4.37% 32.5%
177th Qatar 5.56% -46.5%
178th Congo, Republic of 5.81% -35.1%
179th United Arab Emirates 5.82% -40.7%
180th Tonga 6.14% 6,179.2%
181st Oman 6.87% -34.8%
182nd Lesotho 7.32% 214.2%
183rd Azerbaijan 7.92% 32.8%
184th Grenada 7.94% 753.0%
185th South Sudan 8.04% 79.5%
186th Libya 8.22% -65.2%
187th Micronesia, Federated States of 9.45% -45.8%
188th Tuvalu 15.34% 205.1%
189th Norway 16.57% -34.9%
190th Nauru 19.39% -20.1%
191st Kuwait 28.22% -5.9%

FAQ

What was Burkina Faso's budget deficit in 2023?

Burkina Faso's budget deficit in 2023 was -6.91%. This ranked 21st globally.

How did Burkina Faso's budget deficit change in 2023?

Burkina Faso's budget deficit increased by 36.5% in 2023 compared to 2022.

Which country had the highest budget deficit in 2023?

Kuwait had the highest budget deficit in 2023 at 28.22%.

What is the budget deficit of Burkina Faso in 2023?

The budget deficit of Burkina Faso in 2023 was -6.91%. This ranked 21st globally.

How does 2023 compare to 2022 for Burkina Faso's budget deficit?

Burkina Faso's budget deficit went from -10.89% in 2022 to -6.91% in 2023, a 36.5% increase.