Gross savings (current LCU), annual growth rate in Burkina Faso
Burkina Faso: Gross savings (current LCU), annual growth rate was 33.14 % change on previous year in 2024. ◆ Volatile
Gross savings (current LCU), annual growth rate in Burkina Faso, 2006–2024
Source: Statizoid (derived). Measured in % change on previous year.
Analysis
The most recent figure for gross savings (current lcu), annual growth rate in Burkina Faso is 33.14 % change on previous year, measured in 2024.
The figure is down 33.6% on the previous year and up 1,037.7% over ten years.
Over the whole period, gross savings (current lcu), annual growth rate in Burkina Faso peaked at 71.86 % change on previous year in 2007 and was at its lowest, -35.62 % change on previous year, in 2022.
That places Burkina Faso 21st out of 177 countries with data for 2024, putting it in the top quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Gross savings (current LCU), annual growth rate in Burkina Faso, year by year
| Year | % change on previous year | Change |
|---|---|---|
| 2006 | 13.85 % change on previous year | — |
| 2007 | 71.86 % change on previous year | +419.0% |
| 2008 | 9.08 % change on previous year | -87.4% |
| 2009 | 26.16 % change on previous year | +188.1% |
| 2010 | 55.11 % change on previous year | +110.7% |
| 2011 | 25.71 % change on previous year | -53.3% |
| 2012 | 16.31 % change on previous year | -36.6% |
| 2013 | -17.51 % change on previous year | -207.4% |
| 2014 | -3.53 % change on previous year | -79.8% |
| 2015 | -10 % change on previous year | +183.0% |
| 2016 | 23.31 % change on previous year | -333.1% |
| 2017 | 18.27 % change on previous year | -21.6% |
| 2018 | 24.8 % change on previous year | +35.7% |
| 2019 | 4.79 % change on previous year | -80.7% |
| 2020 | 32.54 % change on previous year | +579.2% |
| 2021 | -17.28 % change on previous year | -153.1% |
| 2022 | -35.62 % change on previous year | +106.1% |
| 2023 | 49.87 % change on previous year | -240.0% |
| 2024 | 33.14 % change on previous year | -33.6% |
Burkina Faso compared with similar countries
- Burkina Faso's 33.14 % change on previous year is above the median for low income countries, which is 28.3 % change on previous year, 1.2× the median. (20 countries reporting)
- Burkina Faso's 33.14 % change on previous year is above the median for Sub-Saharan Africa, which is 12.85 % change on previous year, 2.6× the median. (43 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 30.24 % change on previous year | 9.08 % change on previous year | 71.86 % change on previous year | 4 |
| 2010s | 13.73 % change on previous year | -17.51 % change on previous year | 55.11 % change on previous year | 10 |
| 2020s | 12.53 % change on previous year | -35.62 % change on previous year | 49.87 % change on previous year | 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)
- 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 savings (current lcu), annual growth rate in Burkina Faso?
- Gross savings (current lcu), annual growth rate in Burkina Faso was 33.14 % change on previous year in 2024, according to Statizoid (derived).
- What is the highest gross savings (current lcu), annual growth rate recorded in Burkina Faso?
- The highest recorded value was 71.86 % change on previous year in 2007.
- What is the lowest gross savings (current lcu), annual growth rate recorded in Burkina Faso?
- The lowest recorded value was -35.62 % change on previous year in 2022.
- How does Burkina Faso rank for gross savings (current lcu), annual growth rate?
- Burkina Faso ranks 21st out of 177 countries with data for 2024.
- Is gross savings (current lcu), annual growth rate rising or falling in Burkina Faso?
- Over the last ten years it is up 1,037.7%. 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 savings (current LCU), annual growth rate. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 19 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 savings (current LCU). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.
Computed from
- Gross savings Country official statistics, National Statistical Offices (NSOs)
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 savings (current LCU). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.