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.
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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.
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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.
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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;
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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;
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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.
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.
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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.
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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...
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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...
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Burkina Faso BF: GDP: Growth: Gross Capital Formation data was reported at 13.362 % in 2023. This records an increase from the previous number of 12.756 % for 2022. Burkina Faso BF: GDP: Growth: Gross Capital Formation data is updated yearly, averaging 5.145 % from Dec 1966 (Median) to 2023, with 58 observations. The data reached an all-time high of 76.872 % in 1985 and a record low of -16.812 % in 1979. Burkina Faso BF: GDP: Growth: Gross Capital Formation 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 of gross capital formation based on constant local currency. Aggregates are based on constant 2015 prices, expressed in U.S. dollars. Gross capital formation (formerly gross domestic investment) consists of outlays on additions to the fixed assets of the economy plus net changes in the level of inventories. Fixed assets include land improvements (fences, ditches, drains, and so on); plant, machinery, and equipment purchases; and the construction of roads, railways, and the like, including schools, offices, hospitals, private residential dwellings, and commercial and industrial buildings. Inventories are stocks of goods held by firms to meet temporary or unexpected fluctuations in production or sales, and 'work in progress.' According to the 2008 SNA, net acquisitions of valuables are also considered capital formation.;World Bank national accounts data, and OECD National Accounts data files.;Weighted average;
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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.
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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.
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.
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Historical chart and dataset showing Burkina Faso GDP by year from 1960 to 2023.
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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 .
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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;
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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.
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Graph and download economic data for Gross Domestic Product for Burkina Faso (MKTGDPBFA646NWDB) from 1960 to 2024 about Burkina and GDP.
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Graph and download economic data for Constant GDP per capita for Burkina Faso (NYGDPPCAPKDBFA) from 1960 to 2024 about Burkina, per capita, real, and GDP.
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.