Gross Fixed Capital Formation — Value Standard Local Currency, 2015 in Burkina Faso
Burkina Faso: Gross Fixed Capital Formation — Value Standard Local Currency, 2015 was 2.18 million million SLC in 2024. ◆ Volatile
Gross Fixed Capital Formation — Value Standard Local Currency, 2015 in Burkina Faso, 1970–2024
Source: Food and Agriculture Organization of the United Nations. Measured in million SLC.
Analysis
The most recent figure for gross fixed capital formation — value standard local currency, 2015 in Burkina Faso is 2.18 million million SLC, measured in 2024.
Compared with earlier readings it is up 3.4% on the previous year and up 89.2% over ten years.
Over the whole period, gross fixed capital formation — value standard local currency, 2015 in Burkina Faso peaked at 2.28 million million SLC in 2021 and was at its lowest, 43,489 million SLC, in 1970.
Burkina Faso ranks 38th of 194 countries on this measure, in the top quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Gross Fixed Capital Formation — Value Standard Local Currency, 2015 in Burkina Faso, year by year
| Year | million SLC | Change |
|---|---|---|
| 1970 | 43,489 million SLC | — |
| 1971 | 116,821 million SLC | +168.6% |
| 1972 | 76,474 million SLC | -34.5% |
| 1973 | 91,043 million SLC | +19.1% |
| 1974 | 104,331 million SLC | +14.6% |
| 1975 | 92,314 million SLC | -11.5% |
| 1976 | 91,373 million SLC | -1.0% |
| 1977 | 91,412 million SLC | +0.0% |
| 1978 | 99,053 million SLC | +8.4% |
| 1979 | 202,983 million SLC | +104.9% |
| 1980 | 183,340 million SLC | -9.7% |
| 1981 | 192,974 million SLC | +5.3% |
| 1982 | 202,451 million SLC | +4.9% |
| 1983 | 180,216 million SLC | -11.0% |
| 1984 | 173,592 million SLC | -3.7% |
| 1985 | 246,974 million SLC | +42.3% |
| 1986 | 246,974 million SLC | +0.0% |
| 1987 | 258,551 million SLC | +4.7% |
| 1988 | 258,873 million SLC | +0.1% |
| 1989 | 289,959 million SLC | +12.0% |
| 1990 | 262,088 million SLC | -9.6% |
| 1991 | 300,142 million SLC | +14.5% |
| 1992 | 287,279 million SLC | -4.3% |
| 1993 | 277,631 million SLC | -3.4% |
| 1994 | 340,768 million SLC | +22.7% |
| 1995 | 311,290 million SLC | -8.7% |
| 1996 | 338,730 million SLC | +8.8% |
| 1997 | 388,957 million SLC | +14.8% |
| 1998 | 392,792 million SLC | +1.0% |
| 1999 | 375,873 million SLC | -4.3% |
| 2000 | 369,987 million SLC | -1.6% |
| 2001 | 358,580 million SLC | -3.1% |
| 2002 | 370,587 million SLC | +3.3% |
| 2003 | 414,778 million SLC | +11.9% |
| 2004 | 471,016 million SLC | +13.6% |
| 2005 | 521,535 million SLC | +10.7% |
| 2006 | 565,601 million SLC | +8.4% |
| 2007 | 643,834 million SLC | +13.8% |
| 2008 | 668,168 million SLC | +3.8% |
| 2009 | 787,440 million SLC | +17.9% |
| 2010 | 926,223 million SLC | +17.6% |
| 2011 | 1.07 million million SLC | +15.8% |
| 2012 | 1.22 million million SLC | +14.2% |
| 2013 | 1.33 million million SLC | +8.3% |
| 2014 | 1.15 million million SLC | -12.9% |
| 2015 | 1.34 million million SLC | +16.1% |
| 2016 | 1.52 million million SLC | +13.3% |
| 2017 | 1.66 million million SLC | +9.0% |
| 2018 | 1.80 million million SLC | +8.6% |
| 2019 | 2.07 million million SLC | +14.9% |
| 2020 | 2.20 million million SLC | +6.4% |
| 2021 | 2.28 million million SLC | +3.9% |
| 2022 | 2.05 million million SLC | -10.0% |
| 2023 | 2.11 million million SLC | +2.8% |
| 2024 | 2.18 million million SLC | +3.4% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 100,929 million SLC | 43,489 million SLC | 202,983 million SLC | 10 |
| 1980s | 223,390 million SLC | 173,592 million SLC | 289,959 million SLC | 10 |
| 1990s | 327,555 million SLC | 262,088 million SLC | 392,792 million SLC | 10 |
| 2000s | 517,153 million SLC | 358,580 million SLC | 787,440 million SLC | 10 |
| 2010s | 1.41 million million SLC | 926,223 million SLC | 2.07 million million SLC | 10 |
| 2020s | 2.17 million million SLC | 2.05 million million SLC | 2.28 million million SLC | 5 |
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 gross fixed capital formation — value standard local currency, 2015 in Burkina Faso?
- Gross fixed capital formation — value standard local currency, 2015 in Burkina Faso was 2.18 million million SLC in 2024, according to Food and Agriculture Organization of the United Nations.
- What is the highest gross fixed capital formation — value standard local currency, 2015 recorded in Burkina Faso?
- The highest recorded value was 2.28 million million SLC in 2021.
- What is the lowest gross fixed capital formation — value standard local currency, 2015 recorded in Burkina Faso?
- The lowest recorded value was 43,489 million SLC in 1970.
- How does Burkina Faso rank for gross fixed capital formation — value standard local currency, 2015?
- Burkina Faso ranks 38th out of 194 countries with data for 2024.
- Is gross fixed capital formation — value standard local currency, 2015 rising or falling in Burkina Faso?
- Over the last ten years it is up 89.2%. The long-run trend across the full record is volatile.
- Where does this Burkina Faso data come from?
- The figures come from Food and Agriculture Organization of the United Nations, published as part of Gross Fixed Capital Formation — Value Standard Local Currency, 2015 prices. Statizoid updates them automatically from the source API.
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About this data
The FAOSTAT Macro Indicators database provides a selection of country-level macro indicators relating to total economy (Gross Domestic Product, Gross Fixed Capital Formation); agriculture activity; agriculture, forestry and fishing activity; total manufacturing activity; manufacturing of food products and beverages activity; manufacturing activity of tobacco products; and manufacturing activity of food, beverage and tobacco products.It releases time series for a selection of National Accounts variables, including gross domestic product, gross fixed capital formation, industry-level value added and gross output. The database also proposes additional indicators such as gross domestic product per capita, year-on-year growth rates and measures of industry contribution to gross domestic product. All data relating to Gross Domestic Product, Gross Fixed Capital Formation, agriculture, forestry and fishing activity, and to total manufacturing activity originates from the United Nations Statistics Division (UNSD) National Accounts Estimates of Main Aggregates database, which consists of a complete and consistent set of time series of the main National Accounts aggregates of all UN Members States and other territories in the world for which National Accounts information is available. The UNSD database's content is based on the countries' official National Accounts data reported to UNSD through the annual National Accounts Questionnaire, supplemented with data estimates for any years and countries with incomplete or inconsistent information (See http://unstats.un.org/unsd/snaama/Introduction.asp). Data series relating to the sub-industry Agriculture activity are obtained from the UNSD national accounts Official Country Data databases while series on the Manufacturing activity of food and beverages products, manufacturing activity of tobacco products and manufacturing activity of food, beverages and tobacco products originates from the United Nations Industrial Development Organization (UNIDO) INDSTAT2 database. In order to ensure that sub-industry series are consistent in levels with National Accounts based series, which is needed to support comparability across industries (agriculture vs. agro-industry and sub-industries), UNIDO originating series are rescaled on UNSD National Accounts Estimates of Main Aggregates data series (See Section 17.5 for a more detailed description of the data processing steps).