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.

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.

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.

Burkina Faso BF: GDP: Growth: Final Consumption Expenditure: General Government data was reported at 5.114 % in 2023. This records a decrease from the previous number of 8.051 % for 2022. Burkina Faso BF: GDP: Growth: Final Consumption Expenditure: General Government data is updated yearly, averaging 6.272 % from Dec 1966 (Median) to 2023, with 58 observations. The data reached an all-time high of 53.058 % in 1982 and a record low of -14.642 % in 1999. Burkina Faso BF: GDP: Growth: Final Consumption Expenditure: General Government 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 of general government final consumption expenditure based on constant local currency. Aggregates are based on constant 2015 prices, expressed in U.S. dollars. General government final consumption expenditure (general government consumption) includes all government current expenditures for purchases of goods and services (including compensation of employees). It also includes most expenditures on national defense and security, but excludes government military expenditures that are part of government capital formation.;World Bank national accounts data, and OECD National Accounts data files.;Weighted average;

Burkina Faso BF: Inflation:(GDP) Gross Domestic ProductDeflator data was reported at 1.998 % in 2023. This records a decrease from the previous number of 5.889 % for 2022. Burkina Faso BF: Inflation:(GDP) Gross Domestic ProductDeflator data is updated yearly, averaging 2.604 % from Dec 1961 (Median) to 2023, with 63 observations. The data reached an all-time high of 18.662 % in 1977 and a record low of -6.346 % in 1986. Burkina Faso BF: Inflation:(GDP) Gross Domestic ProductDeflator 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: Inflation. Inflation as measured by the annual growth rate of the GDP implicit deflator shows the rate of price change in the economy as a whole. The GDP implicit deflator is the ratio of GDP in current local currency to GDP in constant local currency.;World Bank national accounts data, and OECD National Accounts data files.;Median;