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.
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 148th out of 204 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 | Value | 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
- 145 Slovakia -4.6% compare
- 146 New Zealand -4.7% compare
- 147 Uzbekistan -5.0% compare
- 149 Barbados -5.2% compare
- 150 Georgia -5.2% compare
- 151 Madagascar -5.4% compare
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)
- Foreign direct investment, net outflows (BoP, current US$), gaps 57.04 million BoP, current US$ (2024)
- Foreign direct investment, net outflows (BoP, current US$), per unit 0.0025 BoP, current US$ per US$ of GDP (2024)
- Foreign direct investment, net outflows (BoP, current US$), per capita 2.42 BoP, current US$ per person (2024)
- Foreign direct investment, net inflows (BoP, current US$), gaps filled -202.22 million BoP, current US$ (2024)
- Foreign direct investment, net inflows (BoP, current US$), annual -284.78 % change on previous year (2024)
- Foreign direct investment, net inflows (BoP, current US$), per unit -0.0087 BoP, current US$ per US$ of GDP (2024)
- Foreign direct investment, net inflows (BoP, current US$), per capita -8.59 BoP, current US$ per person (2024)
- General government final consumption expenditure (current US$) 9.55 % 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 148th out of 204 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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