Gross savings in Burkina Faso
Burkina Faso: Gross savings was 3.68 billion current US$ in 2024. ▲ Rising
Gross savings in Burkina Faso, 2005–2024
Source: Country official statistics, National Statistical Offices (NSOs). Measured in current US$.
Analysis
The most recent figure for gross savings in Burkina Faso is 3.68 billion current US$, measured in 2024. That is the highest value across all 20 years on record.
Compared with earlier readings it is up 33.2% on the previous year and up 96.9% over ten years.
Over the whole period, gross savings in Burkina Faso peaked at 3.68 billion current US$ in 2024 and was at its lowest, 359.79 million current US$, in 2005.
Burkina Faso ranks 120th of 177 countries on this measure, in the middle of the range.
The long-run direction has been consistently rising across the 20 years of available data.
Gross savings in Burkina Faso, year by year
| Year | current US$ | Change |
|---|---|---|
| 2005 | 359.79 million current US$ | — |
| 2006 | 413.39 million current US$ | +14.9% |
| 2007 | 775.45 million current US$ | +87.6% |
| 2008 | 907.76 million current US$ | +17.1% |
| 2009 | 1.09 billion current US$ | +19.6% |
| 2010 | 1.60 billion current US$ | +47.4% |
| 2011 | 2.11 billion current US$ | +32.0% |
| 2012 | 2.27 billion current US$ | +7.4% |
| 2013 | 1.93 billion current US$ | -14.7% |
| 2014 | 1.87 billion current US$ | -3.5% |
| 2015 | 1.40 billion current US$ | -24.8% |
| 2016 | 1.73 billion current US$ | +23.0% |
| 2017 | 2.08 billion current US$ | +20.7% |
| 2018 | 2.72 billion current US$ | +30.5% |
| 2019 | 2.70 billion current US$ | -0.7% |
| 2020 | 3.64 billion current US$ | +34.9% |
| 2021 | 3.13 billion current US$ | -14.1% |
| 2022 | 1.79 billion current US$ | -42.8% |
| 2023 | 2.76 billion current US$ | +54.1% |
| 2024 | 3.68 billion current US$ | +33.2% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 708.50 million current US$ | 359.79 million current US$ | 1.09 billion current US$ | 5 |
| 2010s | 2.04 billion current US$ | 1.40 billion current US$ | 2.72 billion current US$ | 10 |
| 2020s | 3.00 billion current US$ | 1.79 billion current US$ | 3.68 billion current US$ | 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)
- GNI (current LCU), annual growth rate 14.6 % change on previous year (2025)
- GNI (current LCU), per unit of GDP 547.73 current LCU per US$ of GDP (2025)
- GNI (current LCU), per capita 628,559 current LCU per person (2025)
- Net primary income (Net income from abroad) (current US$), annual -19.52 % change on previous year (2025)
- Net primary income (Net income from abroad) (current LCU), annual -14.71 % change on previous year (2025)
- Taxes less subsidies on products (current US$), annual growth rate 17.66 % change on previous year (2025)
- Taxes less subsidies on products (current US$), per unit of GDP 0.0848 current US$ per US$ of GDP (2025)
- Taxes less subsidies on products (current US$), per capita 97.26 current US$ per person (2025)
Frequently asked questions
- What is gross savings in Burkina Faso?
- Gross savings in Burkina Faso was 3.68 billion current US$ in 2024, according to Country official statistics, National Statistical Offices (NSOs).
- What is the highest gross savings recorded in Burkina Faso?
- The highest recorded value was 3.68 billion current US$ in 2024.
- What is the lowest gross savings recorded in Burkina Faso?
- The lowest recorded value was 359.79 million current US$ in 2005.
- How does Burkina Faso rank for gross savings?
- Burkina Faso ranks 120th out of 177 countries with data for 2024.
- Is gross savings rising or falling in Burkina Faso?
- Over the last ten years it is up 96.9%. The long-run trend across the full record is rising.
- Where does this Burkina Faso data come from?
- The figures come from Country official statistics, National Statistical Offices (NSOs), published as part of Gross savings (current US$). Statizoid updates them automatically from the source API.
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About this data
Savings is an amount that represents the part of disposable income (adjusted for the change in pension entitlements) that is not spent on final consumption. Gross savings are calculated as gross national income less total consumption, plus net transfers. This indicator is expressed in current prices, meaning no adjustment has been made to account for price changes over time. This indicator is expressed in United States dollars.