The growth of the real gross domestic product (GDP) in Burkina Faso was estimated at about 4.45 percent in 2024. From 1980 to 2024, the growth rose by approximately 0.41 percentage points, though the increase followed an uneven trajectory rather than a consistent upward trend. Between 2024 and 2030, the growth will rise by around 0.58 percentage points, showing an overall upward trend with periodic ups and downs.This indicator describes the annual change in the gross domestic product at constant prices, expressed in national currency units. Here the gross domestic product represents the total value of the final goods and services produced during a year.

The Gross Domestic Product (GDP) in Burkina Faso was worth 23.25 billion US dollars in 2024, according to official data from the World Bank. The GDP value of Burkina Faso represents 0.02 percent of the world economy. This dataset provides the latest reported value for - Burkina Faso GDP - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.

The Gross Domestic Product (GDP) in Burkina Faso expanded 5.50 percent in the fourth quarter of 2024 over the same quarter of the previous year. This dataset provides - Burkina Faso GDP Annual Growth Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news.

Burkina Faso BF: GDP: Growth: GNI data was reported at 5.642 % in 2021. This records an increase from the previous number of 2.972 % for 2020. Burkina Faso BF: GDP: Growth: GNI data is updated yearly, averaging 4.563 % from Dec 1966 (Median) to 2021, with 56 observations. The data reached an all-time high of 11.758 % in 1996 and a record low of -1.463 % in 1984. Burkina Faso BF: GDP: Growth: GNI data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Burkina Faso – Table BF.World Bank.WDI: Gross Domestic Product: Annual Growth Rate. GNI (formerly GNP) is the sum of value added by all resident producers plus any product taxes (less subsidies) not included in the valuation of output plus net receipts of primary income (compensation of employees and property income) from abroad.;World Bank national accounts data, and OECD National Accounts data files.;Weighted average;

Burkina Faso BF: GDP: Growth data was reported at 2.960 % in 2023. This records an increase from the previous number of 1.497 % for 2022. Burkina Faso BF: GDP: Growth data is updated yearly, averaging 4.327 % from Dec 1961 (Median) to 2023, with 63 observations. The data reached an all-time high of 11.015 % in 1996 and a record low of -1.779 % in 1984. Burkina Faso BF: GDP: Growth data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Burkina Faso – Table BF.World Bank.WDI: Gross Domestic Product: Annual Growth Rate. Annual percentage growth rate of GDP at market prices based on constant local currency. Aggregates are based on constant 2015 prices, expressed in U.S. dollars. GDP is the sum of gross value added by all resident producers in the economy plus any product taxes and minus any subsidies not included in the value of the products. It is calculated without making deductions for depreciation of fabricated assets or for depletion and degradation of natural resources.;World Bank national accounts data, and OECD National Accounts data files.;Weighted average;

Burkina Faso: Economic growth: the rate of change of real GDP: The latest value from 2024 is 4.99 percent, an increase from 2.96 percent in 2023. In comparison, the world average is 3.20 percent, based on data from 177 countries. Historically, the average for Burkina Faso from 1961 to 2024 is 4.41 percent. The minimum value, -1.78 percent, was reached in 1984 while the maximum of 11.01 percent was recorded in 1996.

Burkina Faso BF: GDP: Growth: Gross Value Added: Industry data was reported at 2.274 % in 2019. This records a decrease from the previous number of 2.763 % for 2018. Burkina Faso BF: GDP: Growth: Gross Value Added: Industry data is updated yearly, averaging 5.045 % from Dec 1971 (Median) to 2019, with 49 observations. The data reached an all-time high of 34.698 % in 1999 and a record low of -16.916 % in 1977. Burkina Faso BF: GDP: Growth: Gross Value Added: Industry data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Burkina Faso – Table BF.World Bank.WDI: Gross Domestic Product: Annual Growth Rate. Annual growth rate for industrial value added based on constant local currency. Aggregates are based on constant 2010 U.S. dollars. Industry corresponds to ISIC divisions 10-45 and includes manufacturing (ISIC divisions 15-37). It comprises value added in mining, manufacturing (also reported as a separate subgroup), construction, electricity, water, and gas. Value added is the net output of a sector after adding up all outputs and subtracting intermediate inputs. It is calculated without making deductions for depreciation of fabricated assets or depletion and degradation of natural resources. The origin of value added is determined by the International Standard Industrial Classification (ISIC), revision 3.; ; World Bank national accounts data, and OECD National Accounts data files.; Weighted average; Note: Data for OECD countries are based on ISIC, revision 4.

The latest data from show economic growth of 5.5 pour cent, which is an increase from the rate of growth of 4.9 pour cent in the previous quarter and
an increase compared to the growth rate of 4.9 pour cent in the same quarter last year. The economic growth time series for Burkina Faso cover...

The latest data from show economic growth of 5.5 percent, which is an increase from the rate of growth of 4.9 percent in the previous quarter and
an increase compared to the growth rate of 4.9 percent in the same quarter last year. The economic growth time series for Burkina Faso cover the period...

Burkina Faso BF: GDP: Growth: Gross Value Added: Industry: Manufacturing data was reported at 5.640 % in 2023. This records an increase from the previous number of 4.717 % for 2022. Burkina Faso BF: GDP: Growth: Gross Value Added: Industry: Manufacturing data is updated yearly, averaging 4.717 % from Dec 1971 (Median) to 2023, with 53 observations. The data reached an all-time high of 27.052 % in 1999 and a record low of -8.229 % in 1981. Burkina Faso BF: GDP: Growth: Gross Value Added: Industry: Manufacturing data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Burkina Faso – Table BF.World Bank.WDI: Gross Domestic Product: Annual Growth Rate. Annual growth rate for manufacturing value added based on constant local currency. Aggregates are based on constant 2015 prices, expressed in U.S. dollars. Manufacturing refers to industries belonging to ISIC divisions 10-33. Value added is the net output of a sector after adding up all outputs and subtracting intermediate inputs. It is calculated without making deductions for depreciation of fabricated assets or depletion and degradation of natural resources. The origin of value added is determined by the International Standard Industrial Classification (ISIC), revision 4.;World Bank national accounts data, and OECD National Accounts data files.;Weighted average;Note: Data for OECD countries are based on ISIC, revision 4.

Historical dataset showing Burkina Faso gdp growth rate by year from 1961 to 2023.

Burkina Faso BF: GDP: Growth: Adjusted Net National Income data was reported at -5.702 % in 2021. This records a decrease from the previous number of 0.859 % for 2020. Burkina Faso BF: GDP: Growth: Adjusted Net National Income data is updated yearly, averaging 4.918 % from Dec 1981 (Median) to 2021, with 41 observations. The data reached an all-time high of 12.381 % in 2012 and a record low of -7.207 % in 1994. Burkina Faso BF: GDP: Growth: Adjusted Net National Income data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Burkina Faso – Table BF.World Bank.WDI: Gross Domestic Product: Annual Growth Rate. Adjusted net national income is GNI minus consumption of fixed capital and natural resources depletion.;World Bank staff estimates based on sources and methods in World Bank's 'The Changing Wealth of Nations: Measuring Sustainable Development in the New Millennium' (2011).;Weighted average;

The gross domestic product (GDP) in current prices in Burkina Faso was estimated at about 23.98 billion U.S. dollars in 2024. Between 1980 and 2024, the GDP rose by approximately 21.59 billion U.S. dollars, though the increase followed an uneven trajectory rather than a consistent upward trend. The GDP will steadily rise by around 15.12 billion U.S. dollars over the period from 2024 to 2030, reflecting a clear upward trend.This indicator describes the gross domestic product at current prices. The values are based upon the GDP in national currency converted to U.S. dollars using market exchange rates (yearly average). The GDP represents the total value of final goods and services produced during a year.

GDP growth of Burkina Faso rocketed by 68.41% from 3.0 % in 2023 to 5.0 % in 2024. Since the 78.43% drop in 2022, GDP growth shot up by 232.95% in 2024. Annual percentage growth rate of GDP at market prices based on constant local currency. Aggregates are based on constant U.S. dollars. GDP is the sum of gross value added by all resident producers in the economy plus any product taxes and minus any subsidies not included in the value of the products. It is calculated without making deductions for depreciation of fabricated assets or for depletion and degradation of natural resources.

Burkina Faso: Economic growth forecast: The latest value from 2030 is 5.03 percent, an increase from 4.9 percent in 2029. In comparison, the world average is 3.25 percent, based on data from 182 countries. Historically, the average for Burkina Faso from 1980 to 2030 is 4.83 percent. The minimum value, -1.2 percent, was reached in 1983 while the maximum of 11.3 percent was recorded in 1985.

Between 2000 and 2022, Burkina Faso’s economic output has more than tripled in real terms, but this has not translated into significant reductions in the number in extreme poverty. Economic growth has been highly volatile due to exposure to weather and climate shocks, political instability and conflict, and external shocks such as the COVID-19 pandemic and the war in Ukraine. Although the economy has undergone major sectoral changes, they do not reflect the degree of structural transformation needed to equip the country for future success. A slowdown in agricultural production over the past decade has left Burkina Faso less able to provide employment in rural areas and feed a growing population. Growth has not been efficient due to low productivity, a sub-optimal allocation of production factors, and major constraints to private sector development, including a low human capital base. Growth has also not been sustainable due to low levels of investment, the deterioration of public finances, and the destruction of natural resources, which all limit the economy’s resilience to shocks. Finally, growth has not been inclusive due to the underemployment of young people and women in the formal sectors of the economy, and little redistribution of the fruits of growth. The policy objective in this area will be to increase women’s engagement in higher-value sectors, improve their access to productive inputs, and increase their physical security and household agency. Under the high, sustainable, and inclusive growth scenario, significant per capita GDP gains would see Burkina Faso join the group of lower middle-income countries by 2040 and remain in the group thereafter.

Burkina Faso: Economic growth: the rate of change of GDP: The latest value from is percent, unavailable from percent in . In comparison, the world average is 0.00 percent, based on data from countries. Historically, the average for Burkina Faso from to is percent. The minimum value, percent, was reached in while the maximum of percent was recorded in .

Burkina Faso BF: GDP: Growth:(GDP) Gross Domestic Productper Capita data was reported at 0.402 % in 2023. This records an increase from the previous number of -0.795 % for 2022. Burkina Faso BF: GDP: Growth:(GDP) Gross Domestic Productper Capita data is updated yearly, averaging 1.463 % from Dec 1961 (Median) to 2023, with 63 observations. The data reached an all-time high of 8.214 % in 1996 and a record low of -4.570 % in 1984. Burkina Faso BF: GDP: Growth:(GDP) Gross Domestic Productper Capita data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Burkina Faso – Table BF.World Bank.WDI: Gross Domestic Product: Annual Growth Rate. Annual percentage growth rate of GDP per capita based on constant local currency. GDP per capita is gross domestic product divided by midyear population. GDP at purchaser's prices is the sum of gross value added by all resident producers in the economy plus any product taxes and minus any subsidies not included in the value of the products. It is calculated without making deductions for depreciation of fabricated assets or for depletion and degradation of natural resources.;World Bank national accounts data, and OECD National Accounts data files.;Weighted average;

GDP per capita growth (annual %) in Burkina Faso was reported at 2.6534 % in 2024, according to the World Bank collection of development indicators, compiled from officially recognized sources. Burkina Faso - GDP per capita growth (annual %) - actual values, historical data, forecasts and projections were sourced from the World Bank on August of 2025.

Graph and download economic data for Gross Domestic Product Per Capita for Burkina Faso (PCAGDPBFA646NWDB) from 1960 to 2024 about Burkina, per capita, and GDP.