Gross National Income — Value Standard Local Currency, annual growth in Burkina Faso
Burkina Faso: Gross National Income — Value Standard Local Currency, annual growth was 5.09 % change on previous year in 2023. ◆ Volatile
Gross National Income — Value Standard Local Currency, annual growth in Burkina Faso, 1971–2023
Source: Statizoid (derived). Measured in % change on previous year.
Analysis
The most recent figure for gross national income — value standard local currency, annual growth in Burkina Faso is 5.09 % change on previous year, measured in 2023.
Compared with earlier readings it is down 45.6% on the previous year and up 50.0% over ten years.
Over the whole period, gross national income — value standard local currency, annual growth in Burkina Faso peaked at 26.93 % change on previous year in 1979 and was at its lowest, 0.3293 % change on previous year, in 1992.
That places Burkina Faso 172nd out of 231 countries with data for 2023, putting it in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Gross National Income — Value Standard Local Currency, annual growth in Burkina Faso, year by year
| Year | % change on previous year | Change |
|---|---|---|
| 1971 | 1.38 % change on previous year | — |
| 1972 | 16.82 % change on previous year | +1119.7% |
| 1973 | 2.47 % change on previous year | -85.3% |
| 1974 | 19.07 % change on previous year | +671.1% |
| 1975 | 6.36 % change on previous year | -66.7% |
| 1976 | 6.77 % change on previous year | +6.5% |
| 1977 | 23.63 % change on previous year | +249.1% |
| 1978 | 18.1 % change on previous year | -23.4% |
| 1979 | 26.93 % change on previous year | +48.8% |
| 1980 | 8.16 % change on previous year | -69.7% |
| 1981 | 18.55 % change on previous year | +127.5% |
| 1982 | 10.77 % change on previous year | -42.0% |
| 1983 | 5.79 % change on previous year | -46.2% |
| 1984 | 2.5 % change on previous year | -56.8% |
| 1985 | 16.79 % change on previous year | +571.6% |
| 1986 | 4.21 % change on previous year | -74.9% |
| 1987 | 0.8852 % change on previous year | -79.0% |
| 1988 | 9.27 % change on previous year | +946.7% |
| 1989 | 7.82 % change on previous year | -15.5% |
| 1990 | 1.37 % change on previous year | -82.4% |
| 1991 | 4.71 % change on previous year | +242.7% |
| 1992 | 0.3293 % change on previous year | -93.0% |
| 1993 | 1.68 % change on previous year | +409.5% |
| 1994 | 15.38 % change on previous year | +816.6% |
| 1995 | 13.24 % change on previous year | -13.9% |
| 1996 | 12.17 % change on previous year | -8.1% |
| 1997 | 7.59 % change on previous year | -37.7% |
| 1998 | 15.82 % change on previous year | +108.5% |
| 1999 | 10.39 % change on previous year | -34.3% |
| 2000 | 0.897 % change on previous year | -91.4% |
| 2001 | 10.72 % change on previous year | +1095.3% |
| 2002 | 7.76 % change on previous year | -27.6% |
| 2003 | 9.16 % change on previous year | +18.0% |
| 2004 | 4.83 % change on previous year | -47.3% |
| 2005 | 12.55 % change on previous year | +159.9% |
| 2006 | 6.34 % change on previous year | -49.5% |
| 2007 | 6.71 % change on previous year | +5.8% |
| 2008 | 15.49 % change on previous year | +130.8% |
| 2009 | 4.53 % change on previous year | -70.7% |
| 2010 | 10.59 % change on previous year | +133.8% |
| 2011 | 12.56 % change on previous year | +18.6% |
| 2012 | 14.66 % change on previous year | +16.7% |
| 2013 | 3.4 % change on previous year | -76.8% |
| 2014 | 1.68 % change on previous year | -50.6% |
| 2015 | 1.02 % change on previous year | -39.5% |
| 2016 | 8.83 % change on previous year | +769.7% |
| 2017 | 8.5 % change on previous year | -3.8% |
| 2018 | 8.41 % change on previous year | -1.0% |
| 2019 | 5.31 % change on previous year | -36.8% |
| 2020 | 8.38 % change on previous year | +57.7% |
| 2021 | 5.41 % change on previous year | -35.5% |
| 2022 | 9.36 % change on previous year | +73.2% |
| 2023 | 5.09 % change on previous year | -45.6% |
Burkina Faso compared with similar countries
- Burkina Faso's 5.09 % change on previous year is below the median for low income countries, which is 11.93 % change on previous year, 43% of the median. (23 countries reporting)
- Burkina Faso's 5.09 % change on previous year is below the median for Sub-Saharan Africa, which is 9.99 % change on previous year, 51% of the median. (45 countries reporting)
Biggest year-on-year movements
Years where Gross National Income — Value Standard Local Currency, annual growth 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 |
|---|---|---|---|
| 1972 | +1119.7% | 1.38 % change on previous year | 16.82 % change on previous year |
| 2001 | +1095.3% | 0.897 % change on previous year | 10.72 % change on previous year |
| 1988 | +946.7% | 0.8852 % change on previous year | 9.27 % change on previous year |
| 1994 | +816.6% | 1.68 % change on previous year | 15.38 % change on previous year |
| 2016 | +769.7% | 1.02 % change on previous year | 8.83 % change on previous year |
| 1974 | +671.1% | 2.47 % change on previous year | 19.07 % change on previous year |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 13.5 % change on previous year | 1.38 % change on previous year | 26.93 % change on previous year | 9 |
| 1980s | 8.47 % change on previous year | 0.8852 % change on previous year | 18.55 % change on previous year | 10 |
| 1990s | 8.27 % change on previous year | 0.3293 % change on previous year | 15.82 % change on previous year | 10 |
| 2000s | 7.9 % change on previous year | 0.897 % change on previous year | 15.49 % change on previous year | 10 |
| 2010s | 7.5 % change on previous year | 1.02 % change on previous year | 14.66 % change on previous year | 10 |
| 2020s | 7.06 % change on previous year | 5.09 % change on previous year | 9.36 % change on previous year | 4 |
Countries ranked near Burkina Faso
- 169 Costa Rica 5.28 % change on previous year compare
- 170 Sweden 5.21 % change on previous year compare
- 171 United States 5.12 % change on previous year compare
- 173 Australia 5.07 % change on previous year compare
- 174 Italy 5.03 % change on previous year compare
- 175 Yemen Dem 5.01 % change on previous year compare
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 gross national income — value standard local currency, annual growth in Burkina Faso?
- Gross national income — value standard local currency, annual growth in Burkina Faso was 5.09 % change on previous year in 2023, according to Statizoid (derived).
- What is the highest gross national income — value standard local currency, annual growth recorded in Burkina Faso?
- The highest recorded value was 26.93 % change on previous year in 1979.
- What is the lowest gross national income — value standard local currency, annual growth recorded in Burkina Faso?
- The lowest recorded value was 0.3293 % change on previous year in 1992.
- How does Burkina Faso rank for gross national income — value standard local currency, annual growth?
- Burkina Faso ranks 172nd out of 231 countries with data for 2023.
- Is gross national income — value standard local currency, annual growth rising or falling in Burkina Faso?
- Over the last ten years it is up 50.0%. The long-run trend across the full record is volatile.
- Where does this Burkina Faso data come from?
- The figures come from Statizoid (derived), published as part of Gross National Income — Value Standard Local Currency, annual growth rate. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 53 observations, free to reuse under Derived by Statizoid from the sources named on the page.
How this figure is calculated
The year-on-year percentage change in Gross National Income — Value Standard Local Currency. Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.
Computed from
- Gross National Income — Value Standard Local Currency Food and Agriculture Organization of the United Nations
Statizoid computes this series; the underlying measurements belong to the publishers named above. The arithmetic is applied to every country and year where both inputs report, and nothing is estimated unless the page says so.
About this data
The year-on-year percentage change in Gross National Income — Value Standard Local Currency. Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.