Gross Fixed Capital Formation — Value Standard Local Currency (Fixed) in Burkina Faso
Burkina Faso: Gross Fixed Capital Formation — Value Standard Local Currency (Fixed) was 2.33 million million SLC in 2024. ◆ Volatile
Gross Fixed Capital Formation — Value Standard Local Currency in Burkina Faso, 1970–2024
Source: Food and Agriculture Organization of the United Nations. Measured in million SLC.
Analysis
Burkina Faso recorded 2.33 million million SLC for gross fixed capital formation — value standard local currency in 2024. That is the highest value across all 55 years on record.
That represents a change of up 9.8% on the previous year and up 81.2% over ten years.
Over the whole period, gross fixed capital formation — value standard local currency in Burkina Faso peaked at 2.33 million million SLC in 2024 and was at its lowest, 10,025 million SLC, in 1970.
Burkina Faso ranks 57th of 230 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 (Fixed) in Burkina Faso, year by year
| Year | million SLC | Change |
|---|---|---|
| 1970 | 10,025 million SLC | — |
| 1971 | 29,406 million SLC | +193.3% |
| 1972 | 21,048 million SLC | -28.4% |
| 1973 | 26,799 million SLC | +27.3% |
| 1974 | 38,527 million SLC | +43.8% |
| 1975 | 23,657 million SLC | -38.6% |
| 1976 | 26,647 million SLC | +12.6% |
| 1977 | 28,766 million SLC | +8.0% |
| 1978 | 31,450 million SLC | +9.3% |
| 1979 | 100,027 million SLC | +218.0% |
| 1980 | 88,215 million SLC | -11.8% |
| 1981 | 93,495 million SLC | +6.0% |
| 1982 | 112,353 million SLC | +20.2% |
| 1983 | 120,768 million SLC | +7.5% |
| 1984 | 121,402 million SLC | +0.5% |
| 1985 | 151,694 million SLC | +25.0% |
| 1986 | 153,398 million SLC | +1.1% |
| 1987 | 161,579 million SLC | +5.3% |
| 1988 | 163,397 million SLC | +1.1% |
| 1989 | 186,350 million SLC | +14.0% |
| 1990 | 170,215 million SLC | -8.7% |
| 1991 | 201,008 million SLC | +18.1% |
| 1992 | 196,804 million SLC | -2.1% |
| 1993 | 193,054 million SLC | -1.9% |
| 1994 | 307,478 million SLC | +59.3% |
| 1995 | 271,014 million SLC | -11.9% |
| 1996 | 302,886 million SLC | +11.8% |
| 1997 | 351,304 million SLC | +16.0% |
| 1998 | 375,766 million SLC | +7.0% |
| 1999 | 356,556 million SLC | -5.1% |
| 2000 | 347,655 million SLC | -2.5% |
| 2001 | 319,280 million SLC | -8.2% |
| 2002 | 335,710 million SLC | +5.1% |
| 2003 | 395,858 million SLC | +17.9% |
| 2004 | 449,486 million SLC | +13.5% |
| 2005 | 500,297 million SLC | +11.3% |
| 2006 | 543,701 million SLC | +8.7% |
| 2007 | 663,675 million SLC | +22.1% |
| 2008 | 729,334 million SLC | +9.9% |
| 2009 | 835,210 million SLC | +14.5% |
| 2010 | 1.01 million million SLC | +20.5% |
| 2011 | 1.20 million million SLC | +19.4% |
| 2012 | 1.42 million million SLC | +18.2% |
| 2013 | 1.56 million million SLC | +9.7% |
| 2014 | 1.28 million million SLC | -17.6% |
| 2015 | 1.34 million million SLC | +4.3% |
| 2016 | 1.54 million million SLC | +14.9% |
| 2017 | 1.71 million million SLC | +11.1% |
| 2018 | 1.78 million million SLC | +4.0% |
| 2019 | 1.77 million million SLC | -0.5% |
| 2020 | 1.81 million million SLC | +2.4% |
| 2021 | 1.98 million million SLC | +9.2% |
| 2022 | 1.91 million million SLC | -3.3% |
| 2023 | 2.12 million million SLC | +10.7% |
| 2024 | 2.33 million million SLC | +9.8% |
Burkina Faso compared with similar countries
- Burkina Faso's 2.33 million million SLC is above the median for low income countries, which is 2.25 million million SLC, 1.0× the median. (23 countries reporting)
- Burkina Faso's 2.33 million million SLC is above the median for Sub-Saharan Africa, which is 1.26 million million SLC, 1.8× the median. (45 countries reporting)
Biggest year-on-year movements
Years where Gross Fixed Capital Formation — Value Standard Local Currency (Fixed) in Burkina Faso changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 1979 | +218.0% | 31,450 million SLC | 100,027 million SLC |
| 1971 | +193.3% | 10,025 million SLC | 29,406 million SLC |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 33,635 million SLC | 10,025 million SLC | 100,027 million SLC | 10 |
| 1980s | 135,265 million SLC | 88,215 million SLC | 186,350 million SLC | 10 |
| 1990s | 272,608 million SLC | 170,215 million SLC | 375,766 million SLC | 10 |
| 2000s | 512,021 million SLC | 319,280 million SLC | 835,210 million SLC | 10 |
| 2010s | 1.46 million million SLC | 1.01 million million SLC | 1.78 million million SLC | 10 |
| 2020s | 2.03 million million SLC | 1.81 million million SLC | 2.33 million million SLC | 5 |
Countries ranked near Burkina Faso
More economy & growth data for Burkina Faso
- Real gdp growth, annual growth rate 60 % change on previous year (2024)
- 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)
- SDRs holdings, US dollar, annual growth rate 1.34 % change on previous year (2025)
- SDRs holdings, US dollar, per unit of GDP 0.0096 units per US$ of GDP (2025)
- SDRs holdings, US dollar, per capita 11.01 units per person (2025)
- SDRs holdings, SDR, annual growth rate -3.5 % change on previous year (2025)
- SDRs holdings, SDR, per unit of GDP 0.007 units per US$ of GDP (2025)
- SDRs holdings, SDR, per capita 8.04 units per person (2025)
- IMF holdings of currency, US dollar, annual growth rate 4.93 % change on previous year (2025)
Frequently asked questions
- What is gross fixed capital formation — value standard local currency in Burkina Faso?
- Gross fixed capital formation — value standard local currency in Burkina Faso was 2.33 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 recorded in Burkina Faso?
- The highest recorded value was 2.33 million million SLC in 2024.
- What is the lowest gross fixed capital formation — value standard local currency recorded in Burkina Faso?
- The lowest recorded value was 10,025 million SLC in 1970.
- How does Burkina Faso rank for gross fixed capital formation — value standard local currency?
- Burkina Faso ranks 57th out of 230 countries with data for 2024.
- Is gross fixed capital formation — value standard local currency rising or falling in Burkina Faso?
- Over the last ten years it is up 81.2%. 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. Statizoid updates them automatically from the source API.
Download this data
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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).