Annual GDP growth (%) in Burkina Faso
Burkina Faso: Annual GDP growth (%) was 4.8% in 2024. ▼ Falling
Latest (2024)
4.8%
Change on year
up 60.0%
World rank
54th
of 230 countries
All-time high
8.7%
in 2005
All-time low
1.6%
in 2022
Years of data
25
2000–2024
Annual GDP growth in Burkina Faso, 2000–2024
Source: United Nations Statistics Division, SDG Global Database. Measured in %.
Analysis
Burkina Faso recorded 4.8% for annual gdp growth in 2024.
That represents a change of up 60.0% on the previous year and up 10.9% over ten years.
Over the whole period, annual gdp growth in Burkina Faso peaked at 8.7% in 2005 and was at its lowest, 1.6%, in 2022.
Burkina Faso ranks 54th of 230 countries on this measure, in the top quarter.
The long-run direction has been consistently falling across the 25 years of available data.
Annual GDP growth (%) in Burkina Faso, year by year
| Year | % | Change |
|---|---|---|
| 2000 | 1.9% | — |
| 2001 | 6.6% | +250.2% |
| 2002 | 4.4% | -34.2% |
| 2003 | 7.8% | +79.2% |
| 2004 | 4.5% | -42.6% |
| 2005 | 8.7% | +93.4% |
| 2006 | 6.3% | -27.8% |
| 2007 | 4.1% | -34.3% |
| 2008 | 5.8% | +41.1% |
| 2009 | 3.0% | -48.9% |
| 2010 | 8.4% | +185.2% |
| 2011 | 6.6% | -21.6% |
| 2012 | 6.5% | -2.6% |
| 2013 | 5.8% | -10.2% |
| 2014 | 4.3% | -25.3% |
| 2015 | 3.9% | -9.4% |
| 2016 | 6.0% | +51.9% |
| 2017 | 6.2% | +4.1% |
| 2018 | 6.6% | +6.5% |
| 2019 | 5.9% | -10.8% |
| 2020 | 2.0% | -65.9% |
| 2021 | 6.9% | +245.3% |
| 2022 | 1.6% | -76.6% |
| 2023 | 3.0% | +84.4% |
| 2024 | 4.8% | +60.0% |
Burkina Faso compared with similar countries
- Burkina Faso's 4.8% is above the median for low income countries, which is 4.1%, 1.2× the median. (23 countries reporting)
- Burkina Faso's 4.8% is above the median for Sub-Saharan Africa, which is 4.1%, 1.2× the median. (45 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 5.3% | 1.9% | 8.7% | 10 |
| 2010s | 6.0% | 3.9% | 8.4% | 10 |
| 2020s | 3.7% | 1.6% | 6.9% | 5 |
Countries ranked near Burkina Faso
More economy & growth data for Burkina Faso
- Real gdp growth, annual growth rate 60 % change on previous year (2024)
- Africa's Development Dynamics (AfDD) Table 04 - Annual real GDP 2.54 Percent per annum (2029)
- Africa's Development Dynamics (AfDD) Table 02 - Annual real GDP 4.98 Percent per annum (2029)
- SDRs holdings, US dollar, annual growth rate 1.34 % change on previous year (2025)
- SDRs holdings, US dollar, per unit of GDP 0.0096 units per US$ of GDP (2025)
- SDRs holdings, US dollar, per capita 11.01 units per person (2025)
- SDRs holdings, SDR, annual growth rate -3.5 % change on previous year (2025)
- SDRs holdings, SDR, per unit of GDP 0.007 units per US$ of GDP (2025)
- SDRs holdings, SDR, per capita 8.04 units per person (2025)
- IMF holdings of currency, US dollar, annual growth rate 4.93 % change on previous year (2025)
Frequently asked questions
- What is annual gdp growth in Burkina Faso?
- Annual gdp growth in Burkina Faso was 4.8% in 2024, according to United Nations Statistics Division, SDG Global Database.
- What is the highest annual gdp growth recorded in Burkina Faso?
- The highest recorded value was 8.7% in 2005.
- What is the lowest annual gdp growth recorded in Burkina Faso?
- The lowest recorded value was 1.6% in 2022.
- How does Burkina Faso rank for annual gdp growth?
- Burkina Faso ranks 54th out of 230 countries with data for 2024.
- Is annual gdp growth rising or falling in Burkina Faso?
- Over the last ten years it is up 10.9%. The long-run trend across the full record is falling.
- Where does this Burkina Faso data come from?
- The figures come from United Nations Statistics Division, SDG Global Database, published as part of Annual GDP growth (%). Statizoid updates them automatically from the source API.
Download this data
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