Financial and insurance activities (banking), value added in Burkina Faso
Burkina Faso: Financial and insurance activities (banking), value added was 69.29 billion current 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 current LCU.
Analysis
Burkina Faso recorded 69.29 billion current 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 6.8% on the previous year and up 135.3% over ten years.
Over the whole period, financial and insurance activities (banking), value added in Burkina Faso peaked at 69.29 billion current LCU in 2011 and was at its lowest, 9.01 billion current LCU, in 1985.
Burkina Faso ranks 10th of 36 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.
Financial and insurance activities (banking), value added in Burkina Faso, year by year
| Year | current LCU | Change |
|---|---|---|
| 1985 | 9.01 billion current LCU | — |
| 1986 | 12.43 billion current LCU | +37.9% |
| 1987 | 11.15 billion current LCU | -10.3% |
| 1988 | 10.43 billion current LCU | -6.5% |
| 1989 | 10.89 billion current LCU | +4.5% |
| 1990 | 12.39 billion current LCU | +13.8% |
| 1991 | 12.42 billion current LCU | +0.2% |
| 1992 | 12.83 billion current LCU | +3.3% |
| 1993 | 12.35 billion current LCU | -3.7% |
| 1994 | 17.19 billion current LCU | +39.2% |
| 1995 | 22.82 billion current LCU | +32.7% |
| 1996 | 20.78 billion current LCU | -8.9% |
| 1997 | 23.69 billion current LCU | +14.0% |
| 1998 | 23.77 billion current LCU | +0.3% |
| 1999 | 28.59 billion current LCU | +20.2% |
| 2000 | 23.27 billion current LCU | -18.6% |
| 2001 | 29.44 billion current LCU | +26.5% |
| 2002 | 39.66 billion current LCU | +34.7% |
| 2003 | 39.30 billion current LCU | -0.9% |
| 2004 | 38.74 billion current LCU | -1.4% |
| 2005 | 54.25 billion current LCU | +40.0% |
| 2006 | 57.63 billion current LCU | +6.2% |
| 2007 | 59.85 billion current LCU | +3.8% |
| 2008 | 63.01 billion current LCU | +5.3% |
| 2009 | 61.51 billion current LCU | -2.4% |
| 2010 | 64.90 billion current LCU | +5.5% |
| 2011 | 69.29 billion current LCU | +6.8% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1980s | 10.78 billion current LCU | 9.01 billion current LCU | 12.43 billion current LCU | 5 |
| 1990s | 18.68 billion current LCU | 12.35 billion current LCU | 28.59 billion current LCU | 10 |
| 2000s | 46.67 billion current LCU | 23.27 billion current LCU | 63.01 billion current LCU | 10 |
| 2010s | 67.09 billion current LCU | 64.90 billion current LCU | 69.29 billion current 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)
- 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 financial and insurance activities (banking), value added in Burkina Faso?
- Financial and insurance activities (banking), value added in Burkina Faso was 69.29 billion current 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 69.29 billion current LCU in 2011.
- What is the lowest financial and insurance activities (banking), value added recorded in Burkina Faso?
- The lowest recorded value was 9.01 billion current LCU in 1985.
- How does Burkina Faso rank for financial and insurance activities (banking), value added?
- Burkina Faso ranks 10th out of 36 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 135.3%. 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 (current 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 current local currency.