Current account balance in Burkina Faso
Burkina Faso: Current account balance was -918.24 million BoP, current US$ in 2024. ◆ Volatile
Current account balance in Burkina Faso, 2005–2024
Source: Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in BoP, current US$.
Analysis
The most recent figure for current account balance in Burkina Faso is -918.24 million BoP, current US$, measured in 2024.
That represents a change of up 9.7% on the previous year and up 8.1% over ten years.
Over the whole period, current account balance in Burkina Faso peaked at 743.23 million BoP, current US$ in 2020 and was at its lowest, -1.40 billion BoP, current US$, in 2022.
That places Burkina Faso 122nd out of 199 countries with data for 2024, putting it in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Current account balance in Burkina Faso, year by year
| Year | BoP, current US$ | Change |
|---|---|---|
| 2005 | -634.57 million BoP, current US$ | — |
| 2006 | -543.94 million BoP, current US$ | -14.3% |
| 2007 | -560.74 million BoP, current US$ | +3.1% |
| 2008 | -967.03 million BoP, current US$ | +72.5% |
| 2009 | -381.57 million BoP, current US$ | -60.5% |
| 2010 | -181.62 million BoP, current US$ | -52.4% |
| 2011 | -160.39 million BoP, current US$ | -11.7% |
| 2012 | -162.29 million BoP, current US$ | +1.2% |
| 2013 | -1.35 billion BoP, current US$ | +729.1% |
| 2014 | -998.95 million BoP, current US$ | -25.8% |
| 2015 | -895.40 million BoP, current US$ | -10.4% |
| 2016 | -780.22 million BoP, current US$ | -12.9% |
| 2017 | -896.28 million BoP, current US$ | +14.9% |
| 2018 | -664.80 million BoP, current US$ | -25.8% |
| 2019 | -523.84 million BoP, current US$ | -21.2% |
| 2020 | 743.23 million BoP, current US$ | -241.9% |
| 2021 | 77.26 million BoP, current US$ | -89.6% |
| 2022 | -1.40 billion BoP, current US$ | -1917.3% |
| 2023 | -1.02 billion BoP, current US$ | -27.5% |
| 2024 | -918.24 million BoP, current US$ | -9.7% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | -617.57 million BoP, current US$ | -967.03 million BoP, current US$ | -381.57 million BoP, current US$ | 5 |
| 2010s | -660.93 million BoP, current US$ | -1.35 billion BoP, current US$ | -160.39 million BoP, current US$ | 10 |
| 2020s | -503.78 million BoP, current US$ | -1.40 billion BoP, current US$ | 743.23 million BoP, current US$ | 5 |
Countries ranked near Burkina Faso
- 119 Tunisia -775.30 million BoP, current US$ compare
- 120 North Macedonia -814.98 million BoP, current US$ compare
- 121 Botswana -821.14 million BoP, current US$ compare
- 123 Sierra Leone -984.26 million BoP, current US$ compare
- 124 Kosovo -1.01 billion BoP, current US$ compare
- 125 Georgia -1.01 billion BoP, current US$ 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)
- GNI (current LCU), annual growth rate 14.6 % change on previous year (2025)
- GNI (current LCU), per unit of GDP 547.73 current LCU per US$ of GDP (2025)
- GNI (current LCU), per capita 628,559 current LCU per person (2025)
- Net primary income (Net income from abroad) (current US$), annual -19.52 % change on previous year (2025)
- Net primary income (Net income from abroad) (current LCU), annual -14.71 % change on previous year (2025)
- Taxes less subsidies on products (current US$), annual growth rate 17.66 % change on previous year (2025)
- Taxes less subsidies on products (current US$), per unit of GDP 0.0848 current US$ per US$ of GDP (2025)
- Taxes less subsidies on products (current US$), per capita 97.26 current US$ per person (2025)
Frequently asked questions
- What is current account balance in Burkina Faso?
- Current account balance in Burkina Faso was -918.24 million BoP, current US$ in 2024, according to Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF).
- What is the highest current account balance recorded in Burkina Faso?
- The highest recorded value was 743.23 million BoP, current US$ in 2020.
- What is the lowest current account balance recorded in Burkina Faso?
- The lowest recorded value was -1.40 billion BoP, current US$ in 2022.
- How does Burkina Faso rank for current account balance?
- Burkina Faso ranks 122nd out of 199 countries with data for 2024.
- Is current account balance rising or falling in Burkina Faso?
- Over the last ten years it is up 8.1%. The long-run trend across the full record is volatile.
- Where does this Burkina Faso data come from?
- The figures come from Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF), published as part of Current account balance (BoP, current US$). Statizoid updates them automatically from the source API.
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About this data
Balance of current transactions (transactions in goods and services, earned income and transfer income) between residents and non-residents. The term current account balance is used in the external accounts and is expressed from the perspective of resident units. The term current external balance is used in the national accounts and is expressed from the perspective of the non-resident units, and therefore with the opposite sign. This indicator is expressed in current prices, meaning no adjustment has been made to account for price changes over time. This indicator is expressed in United States dollars.