Annual gdp growth in Burkina Faso
Burkina Faso: Annual gdp growth was 2.96 in 2023. ▼ Falling
Latest (2023)
2.96
Change on year
up 97.3%
World rank
104th
of 211 countries
All-time high
8.66
in 2005
All-time low
1.5
in 2022
Years of data
24
2000–2023
Annual gdp growth in Burkina Faso, 2000–2023
Source: Our World in Data.
Analysis
The most recent figure for annual gdp growth in Burkina Faso is 2.96, measured in 2023.
That represents a change of up 97.3% on the previous year and down 48.9% over ten years.
Over the whole period, annual gdp growth in Burkina Faso peaked at 8.66 in 2005 and was at its lowest, 1.5, in 2022.
That places Burkina Faso 104th out of 211 countries with data for 2023, putting it in the middle of the range.
The long-run direction has been consistently falling across the 24 years of available data.
Annual gdp growth in Burkina Faso, year by year
| Year | Value | Change |
|---|---|---|
| 2000 | 1.89 | — |
| 2001 | 6.61 | +249.7% |
| 2002 | 4.35 | -34.2% |
| 2003 | 7.8 | +79.3% |
| 2004 | 4.48 | -42.6% |
| 2005 | 8.66 | +93.3% |
| 2006 | 6.25 | -27.8% |
| 2007 | 4.11 | -34.2% |
| 2008 | 5.8 | +41.1% |
| 2009 | 2.96 | -49.0% |
| 2010 | 8.45 | +185.5% |
| 2011 | 6.62 | -21.7% |
| 2012 | 6.45 | -2.6% |
| 2013 | 5.79 | -10.2% |
| 2014 | 4.33 | -25.2% |
| 2015 | 3.92 | -9.5% |
| 2016 | 5.96 | +52.0% |
| 2017 | 6.2 | +4.0% |
| 2018 | 6.6 | +6.5% |
| 2019 | 5.89 | -10.8% |
| 2020 | 2.01 | -65.9% |
| 2021 | 6.94 | +245.3% |
| 2022 | 1.5 | -78.4% |
| 2023 | 2.96 | +97.3% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 5.29 | 1.89 | 8.66 | 10 |
| 2010s | 6.02 | 3.92 | 8.45 | 10 |
| 2020s | 3.35 | 1.5 | 6.94 | 4 |
Countries ranked near Burkina Faso
More economy & growth data for Burkina Faso
- 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)
- GDP (current US$), annual growth rate 19.41 % change on previous year (2025)
- GDP (current US$), per capita 1,148 current US$ per person (2025)
- GDP (current LCU), annual growth rate 14.6 % change on previous year (2025)
- GDP (current LCU), per unit of GDP 581.93 current LCU per US$ of GDP (2025)
- GDP (current LCU), per capita 667,803 current LCU per person (2025)
- GDP (constant 2015 US$), annual growth rate 5.29 % change on previous year (2025)
- GDP (constant 2015 US$), per unit of GDP 0.6858 constant 2015 US$ per US$ of GDP (2025)
- GDP (constant 2015 US$), per capita 786.97 constant 2015 US$ per person (2025)
Frequently asked questions
- What is annual gdp growth in Burkina Faso?
- Annual gdp growth in Burkina Faso was 2.96 in 2023, according to Our World in Data.
- What is the highest annual gdp growth recorded in Burkina Faso?
- The highest recorded value was 8.66 in 2005.
- What is the lowest annual gdp growth recorded in Burkina Faso?
- The lowest recorded value was 1.5 in 2022.
- How does Burkina Faso rank for annual gdp growth?
- Burkina Faso ranks 104th out of 211 countries with data for 2023.
- Is annual gdp growth rising or falling in Burkina Faso?
- Over the last ten years it is down 48.9%. The long-run trend across the full record is falling.
- Where does this Burkina Faso data come from?
- The figures come from Our World in Data, published as part of Annual gdp growth. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 24 observations, free to reuse under CC BY 4.0 (Our World in Data).