Financial and insurance activities (banking), value added in Burkina Faso
Burkina Faso: Financial and insurance activities (banking), value added was 146.84 million current US$ 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 US$.
Analysis
Burkina Faso recorded 146.84 million current US$ for financial and insurance activities (banking), value added in 2011. That is the highest value across all 27 years on record.
The figure is up 12.1% on the previous year and up 265.6% over ten years.
Over the whole period, financial and insurance activities (banking), value added in Burkina Faso peaked at 146.84 million current US$ in 2011 and was at its lowest, 20.06 million current US$, in 1985.
Burkina Faso ranks 16th of 37 countries on this measure, in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Financial and insurance activities (banking), value added in Burkina Faso, year by year
| Year | current US$ | Change |
|---|---|---|
| 1985 | 20.06 million current US$ | — |
| 1986 | 35.89 million current US$ | +79.0% |
| 1987 | 37.12 million current US$ | +3.4% |
| 1988 | 35.00 million current US$ | -5.7% |
| 1989 | 34.14 million current US$ | -2.5% |
| 1990 | 45.51 million current US$ | +33.3% |
| 1991 | 44.02 million current US$ | -3.3% |
| 1992 | 32.35 million current US$ | -26.5% |
| 1993 | 31.79 million current US$ | -1.7% |
| 1994 | 30.97 million current US$ | -2.6% |
| 1995 | 45.72 million current US$ | +47.6% |
| 1996 | 40.62 million current US$ | -11.1% |
| 1997 | 40.59 million current US$ | -0.1% |
| 1998 | 40.29 million current US$ | -0.7% |
| 1999 | 46.43 million current US$ | +15.2% |
| 2000 | 32.68 million current US$ | -29.6% |
| 2001 | 40.16 million current US$ | +22.9% |
| 2002 | 56.89 million current US$ | +41.7% |
| 2003 | 67.61 million current US$ | +18.8% |
| 2004 | 73.34 million current US$ | +8.5% |
| 2005 | 102.85 million current US$ | +40.2% |
| 2006 | 110.22 million current US$ | +7.2% |
| 2007 | 124.87 million current US$ | +13.3% |
| 2008 | 140.72 million current US$ | +12.7% |
| 2009 | 130.27 million current US$ | -7.4% |
| 2010 | 131.03 million current US$ | +0.6% |
| 2011 | 146.84 million current US$ | +12.1% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1980s | 32.44 million current US$ | 20.06 million current US$ | 37.12 million current US$ | 5 |
| 1990s | 39.83 million current US$ | 30.97 million current US$ | 46.43 million current US$ | 10 |
| 2000s | 87.96 million current US$ | 32.68 million current US$ | 140.72 million current US$ | 10 |
| 2010s | 138.94 million current US$ | 131.03 million current US$ | 146.84 million current US$ | 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)
- Final consumption expenditure (constant 2015 US$), per capita 673.93 constant 2015 US$ per person (2025)
- Gross national expenditure (current US$), annual growth rate 9.77 % change on previous year (2025)
- Gross national expenditure (current US$), per unit of GDP 0.9502 current US$ per US$ of GDP (2025)
- Gross national expenditure (current US$), per capita 1,090 current US$ per person (2025)
- Gross national expenditure (current LCU), annual growth rate 5.35 % change on previous year (2025)
- Gross national expenditure (current LCU), per unit of GDP 552.97 current LCU per US$ of GDP (2025)
- Gross national expenditure (current LCU), per capita 634,569 current LCU per person (2025)
- Gross national expenditure (constant 2015 US$), annual growth rate 5.52 % change on previous year (2025)
Frequently asked questions
- What is financial and insurance activities (banking), value added in Burkina Faso?
- Financial and insurance activities (banking), value added in Burkina Faso was 146.84 million current US$ 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 146.84 million current US$ in 2011.
- What is the lowest financial and insurance activities (banking), value added recorded in Burkina Faso?
- The lowest recorded value was 20.06 million current US$ in 1985.
- How does Burkina Faso rank for financial and insurance activities (banking), value added?
- Burkina Faso ranks 16th out of 37 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 265.6%. 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 US$). 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 U.S. dollars.