Current account balance as a share of GDP in Burkina Faso
Burkina Faso: Current account balance as a share of GDP was -5.1% in 2023. ◆ Volatile
Current account balance as a share of GDP in Burkina Faso, 2005–2023
Source: International Monetary Fund – processed by Our World in Data. Measured in %.
Analysis
Burkina Faso recorded -5.1% for current account balance as a share of gdp in 2023.
Compared with earlier readings it is up 32.9% on the previous year and up 49.5% over ten years.
Over the whole period, current account balance as a share of gdp in Burkina Faso peaked at 4.2% in 2020 and was at its lowest, -10.3%, in 2005.
Burkina Faso ranks 142nd of 193 countries on this measure, 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 share of GDP in Burkina Faso, year by year
| Year | % | Change |
|---|---|---|
| 2005 | -10.3% | — |
| 2006 | -8.3% | -19.5% |
| 2007 | -7.3% | -11.6% |
| 2008 | -10.2% | +39.2% |
| 2009 | -4.0% | -60.5% |
| 2010 | -1.8% | -55.4% |
| 2011 | -1.3% | -26.1% |
| 2012 | -1.3% | -3.0% |
| 2013 | -10.0% | +676.0% |
| 2014 | -7.2% | -28.5% |
| 2015 | -7.6% | +5.7% |
| 2016 | -6.1% | -19.7% |
| 2017 | -6.3% | +4.4% |
| 2018 | -4.2% | -34.2% |
| 2019 | -3.3% | -21.8% |
| 2020 | 4.2% | -228.1% |
| 2021 | 0.4% | -90.7% |
| 2022 | -7.5% | -2033.3% |
| 2023 | -5.1% | -32.9% |
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
- 139 Slovakia -4.6% compare
- 140 New Zealand -4.7% compare
- 141 Uzbekistan -5.0% compare
- 143 Barbados -5.2% compare
- 143 Georgia -5.2% compare
- 145 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)
- General government final consumption expenditure (current US$) 9.55 % change on previous year (2025)
- General government final consumption expenditure (current US$), per 0.1781 current US$ per US$ of GDP (2025)
- General government final consumption expenditure (current US$), per 204.33 current US$ per person (2025)
- General government final consumption expenditure (current LCU) 5.14 % change on previous year (2025)
- General government final consumption expenditure (current LCU), per 103.62 current LCU per US$ of GDP (2025)
- General government final consumption expenditure (current LCU), per 118,907 current LCU per person (2025)
- General government final consumption expenditure (constant 2015 US$) 4.38 % change on previous year (2025)
- General government final consumption expenditure (constant 2015 US$) 0.139 constant 2015 US$ per US$ of GDP (2025)
Frequently asked questions
- What is current account balance as a share of gdp in Burkina Faso?
- Current account balance as a share of gdp in Burkina Faso was -5.1% in 2023, according to International Monetary Fund – processed by Our World in Data.
- What is the highest current account balance as a share of gdp recorded in Burkina Faso?
- The highest recorded value was 4.2% in 2020.
- What is the lowest current account balance as a share 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 share of gdp?
- Burkina Faso ranks 142nd out of 193 countries with data for 2023.
- Is current account balance as a share 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 International Monetary Fund – processed by Our World in Data, published as part of Current account balance as a share of GDP. Statizoid updates them automatically from the source API.
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About this data
Current account balance as a proportion of GDP (%).