Financial and insurance activities (banking), value added in Burkina Faso
Burkina Faso: Financial and insurance activities (banking), value added was 72.50 billion constant LCU in 2011. ◆ Volatile
Financial and insurance activities (banking), value added in Burkina Faso, 1985–2011
Source: World Bank national accounts data, and OECD National Accounts data files. Measured in constant LCU.
Analysis
Burkina Faso recorded 72.50 billion constant LCU for financial and insurance activities (banking), value added in 2011. That is the highest value across all 27 years on record.
Compared with earlier readings it is up 4.6% on the previous year and up 137.4% over ten years.
Over the whole period, financial and insurance activities (banking), value added in Burkina Faso peaked at 72.50 billion constant LCU in 2011 and was at its lowest, 10.73 billion constant LCU, in 1985.
Burkina Faso ranks 7th of 31 countries on this measure, in the top quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Financial and insurance activities (banking), value added in Burkina Faso, year by year
| Year | constant LCU | Change |
|---|---|---|
| 1985 | 10.73 billion constant LCU | — |
| 1986 | 14.24 billion constant LCU | +32.6% |
| 1987 | 12.94 billion constant LCU | -9.1% |
| 1988 | 12.21 billion constant LCU | -5.6% |
| 1989 | 12.89 billion constant LCU | +5.5% |
| 1990 | 13.84 billion constant LCU | +7.4% |
| 1991 | 13.20 billion constant LCU | -4.6% |
| 1992 | 14.00 billion constant LCU | +6.1% |
| 1993 | 13.22 billion constant LCU | -5.6% |
| 1994 | 15.44 billion constant LCU | +16.8% |
| 1995 | 20.05 billion constant LCU | +29.8% |
| 1996 | 17.94 billion constant LCU | -10.5% |
| 1997 | 23.12 billion constant LCU | +28.9% |
| 1998 | 22.49 billion constant LCU | -2.7% |
| 1999 | 28.59 billion constant LCU | +27.1% |
| 2000 | 24.39 billion constant LCU | -14.7% |
| 2001 | 30.55 billion constant LCU | +25.3% |
| 2002 | 39.81 billion constant LCU | +30.3% |
| 2003 | 40.06 billion constant LCU | +0.6% |
| 2004 | 40.54 billion constant LCU | +1.2% |
| 2005 | 56.84 billion constant LCU | +40.2% |
| 2006 | 60.85 billion constant LCU | +7.1% |
| 2007 | 63.29 billion constant LCU | +4.0% |
| 2008 | 67.04 billion constant LCU | +5.9% |
| 2009 | 65.88 billion constant LCU | -1.7% |
| 2010 | 69.28 billion constant LCU | +5.2% |
| 2011 | 72.50 billion constant LCU | +4.6% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1980s | 12.60 billion constant LCU | 10.73 billion constant LCU | 14.24 billion constant LCU | 5 |
| 1990s | 18.19 billion constant LCU | 13.20 billion constant LCU | 28.59 billion constant LCU | 10 |
| 2000s | 48.92 billion constant LCU | 24.39 billion constant LCU | 67.04 billion constant LCU | 10 |
| 2010s | 70.89 billion constant LCU | 69.28 billion constant LCU | 72.50 billion constant LCU | 2 |
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)
- 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 financial and insurance activities (banking), value added in Burkina Faso?
- Financial and insurance activities (banking), value added in Burkina Faso was 72.50 billion constant LCU in 2011, according to World Bank national accounts data, and OECD National Accounts data files.
- What is the highest financial and insurance activities (banking), value added recorded in Burkina Faso?
- The highest recorded value was 72.50 billion constant LCU in 2011.
- What is the lowest financial and insurance activities (banking), value added recorded in Burkina Faso?
- The lowest recorded value was 10.73 billion constant LCU in 1985.
- How does Burkina Faso rank for financial and insurance activities (banking), value added?
- Burkina Faso ranks 7th out of 31 countries with data for 2011.
- Is financial and insurance activities (banking), value added rising or falling in Burkina Faso?
- Over the last ten years it is up 137.4%. The long-run trend across the full record is volatile.
- Where does this Burkina Faso data come from?
- The figures come from World Bank national accounts data, and OECD National Accounts data files, published as part of Financial and insurance activities (banking), value added (constant LCU). Statizoid updates them automatically from the source API.
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About this data
Value added in banking is defined as the value of output of the banking industry less the value of intermediate consumption (intermediate inputs). Banking is a subset of services, comprising financial intermediation (ISIC 65-67). Data are in constant local currency.