Current account balance as a proportion of GDP (%) in Burkina Faso
Burkina Faso: Current account balance as a proportion of GDP (%) was -5.1% in 2023. ◆ Volatile
Current account balance as a proportion of GDP in Burkina Faso, 2005–2023
Source: United Nations Statistics Division, SDG Global Database. Measured in %.
Analysis
The most recent figure for current account balance as a proportion of gdp in Burkina Faso is -5.1%, measured in 2023.
That represents a change of up 32.9% on the previous year and up 49.5% over ten years.
Over the whole period, current account balance as a proportion of gdp in Burkina Faso peaked at 4.2% in 2020 and was at its lowest, -10.3%, in 2005.
That places Burkina Faso 149th out of 205 countries with data for 2023, putting it in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Current account balance as a proportion of GDP (%) in Burkina Faso, year by year
| Year | % | Change |
|---|---|---|
| 2005 | -10.3% | — |
| 2006 | -8.3% | -19.5% |
| 2007 | -7.4% | -11.5% |
| 2008 | -10.2% | +39.1% |
| 2009 | -4.0% | -60.5% |
| 2010 | -1.8% | -55.5% |
| 2011 | -1.3% | -26.1% |
| 2012 | -1.3% | -2.7% |
| 2013 | -10.0% | +674.6% |
| 2014 | -7.2% | -28.4% |
| 2015 | -7.6% | +5.6% |
| 2016 | -6.1% | -19.7% |
| 2017 | -6.4% | +4.5% |
| 2018 | -4.2% | -34.2% |
| 2019 | -3.3% | -21.9% |
| 2020 | 4.2% | -228.3% |
| 2021 | 0.4% | -90.6% |
| 2022 | -7.5% | -2022.2% |
| 2023 | -5.1% | -32.9% |
Burkina Faso compared with similar countries
- Burkina Faso's -5.1% is above the median for low income countries, which is -7.7%, 65% of the median. (19 countries reporting)
- Burkina Faso's -5.1% is below the median for Sub-Saharan Africa, which is -4.1%, 1.2× the median. (40 countries reporting)
Biggest year-on-year movements
Years where Current account balance as a proportion of GDP (%) in Burkina Faso changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 2022 | -2022.2% | 0.4% | -7.5% |
| 2013 | -674.6% | -1.3% | -10.0% |
| 2020 | +228.3% | -3.3% | 4.2% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | -8.1% | -10.3% | -4.0% | 5 |
| 2010s | -4.9% | -10.0% | -1.3% | 10 |
| 2020s | -2.0% | -7.5% | 4.2% | 4 |
Countries ranked near Burkina Faso
- 146 Slovakia -4.6% compare
- 147 New Zealand -4.7% compare
- 148 Uzbekistan -5.0% compare
- 150 Barbados -5.2% compare
- 151 Georgia -5.2% compare
- 152 Madagascar -5.4% compare
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 current account balance as a proportion of gdp in Burkina Faso?
- Current account balance as a proportion of gdp in Burkina Faso was -5.1% in 2023, according to United Nations Statistics Division, SDG Global Database.
- What is the highest current account balance as a proportion of gdp recorded in Burkina Faso?
- The highest recorded value was 4.2% in 2020.
- What is the lowest current account balance as a proportion of gdp recorded in Burkina Faso?
- The lowest recorded value was -10.3% in 2005.
- How does Burkina Faso rank for current account balance as a proportion of gdp?
- Burkina Faso ranks 149th out of 205 countries with data for 2023.
- Is current account balance as a proportion of gdp rising or falling in Burkina Faso?
- Over the last ten years it is up 49.5%. The long-run trend across the full record is volatile.
- Where does this Burkina Faso data come from?
- The figures come from United Nations Statistics Division, SDG Global Database, published as part of Current account balance as a proportion of GDP (%). Statizoid updates them automatically from the source API.
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