Net secondary income in Burkina Faso
Burkina Faso: Net secondary income was 769.80 million BoP, current US$ in 2024. ▲ Rising
Net secondary income in Burkina Faso, 2005–2024
Source: Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in BoP, current US$.
Analysis
Burkina Faso recorded 769.80 million BoP, current US$ for net secondary income in 2024.
Compared with earlier readings it is down 4.1% on the previous year and up 61.0% over ten years.
Over the whole period, net secondary income in Burkina Faso peaked at 802.65 million BoP, current US$ in 2023 and was at its lowest, 234.83 million BoP, current US$, in 2005.
That places Burkina Faso 76th out of 199 countries with data for 2024, putting it in the middle of the range.
The long-run direction has been consistently rising across the 20 years of available data.
Net secondary income in Burkina Faso, year by year
| Year | BoP, current US$ | Change |
|---|---|---|
| 2005 | 234.83 million BoP, current US$ | — |
| 2006 | 240.00 million BoP, current US$ | +2.2% |
| 2007 | 403.79 million BoP, current US$ | +68.2% |
| 2008 | 410.94 million BoP, current US$ | +1.8% |
| 2009 | 516.32 million BoP, current US$ | +25.6% |
| 2010 | 493.13 million BoP, current US$ | -4.5% |
| 2011 | 545.44 million BoP, current US$ | +10.6% |
| 2012 | 500.00 million BoP, current US$ | -8.3% |
| 2013 | 439.20 million BoP, current US$ | -12.2% |
| 2014 | 478.14 million BoP, current US$ | +8.9% |
| 2015 | 459.35 million BoP, current US$ | -3.9% |
| 2016 | 406.91 million BoP, current US$ | -11.4% |
| 2017 | 398.76 million BoP, current US$ | -2.0% |
| 2018 | 471.41 million BoP, current US$ | +18.2% |
| 2019 | 542.75 million BoP, current US$ | +15.1% |
| 2020 | 722.11 million BoP, current US$ | +33.0% |
| 2021 | 601.81 million BoP, current US$ | -16.7% |
| 2022 | 581.61 million BoP, current US$ | -3.4% |
| 2023 | 802.65 million BoP, current US$ | +38.0% |
| 2024 | 769.80 million BoP, current US$ | -4.1% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 361.17 million BoP, current US$ | 234.83 million BoP, current US$ | 516.32 million BoP, current US$ | 5 |
| 2010s | 473.51 million BoP, current US$ | 398.76 million BoP, current US$ | 545.44 million BoP, current US$ | 10 |
| 2020s | 695.60 million BoP, current US$ | 581.61 million BoP, current US$ | 802.65 million BoP, current US$ | 5 |
Countries ranked near Burkina Faso
- 73 Liberia 885.24 million BoP, current US$ compare
- 74 Mali 881.61 million BoP, current US$ compare
- 75 Rwanda 780.09 million BoP, current US$ compare
- 77 Eswatini 744.02 million BoP, current US$ compare
- 78 Azerbaijan 742.14 million BoP, current US$ compare
- 79 Costa Rica 632.90 million BoP, current US$ 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)
- Gross value added at basic prices (GVA) (current US$), annual growth 19.57 % change on previous year (2025)
- Gross value added at basic prices (GVA) (current US$), per unit of GDP 0.9152 current US$ per US$ of GDP (2025)
- Gross value added at basic prices (GVA) (current US$), per capita 1,050 current US$ per person (2025)
- Gross value added at basic prices (GVA) (current LCU), annual growth 14.76 % change on previous year (2025)
- Gross value added at basic prices (GVA) (current LCU), per unit of GDP 532.61 current LCU per US$ of GDP (2025)
- Gross value added at basic prices (GVA) (current LCU), per capita 611,204 current LCU per person (2025)
- Gross value added at basic prices (GVA) (constant 2015 US$), annual 5.29 % change on previous year (2025)
- Gross value added at basic prices (GVA) (constant 2015 US$), per unit 0.6111 constant 2015 US$ per US$ of GDP (2025)
Frequently asked questions
- What is net secondary income in Burkina Faso?
- Net secondary income in Burkina Faso was 769.80 million BoP, current US$ in 2024, according to Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF).
- What is the highest net secondary income recorded in Burkina Faso?
- The highest recorded value was 802.65 million BoP, current US$ in 2023.
- What is the lowest net secondary income recorded in Burkina Faso?
- The lowest recorded value was 234.83 million BoP, current US$ in 2005.
- How does Burkina Faso rank for net secondary income?
- Burkina Faso ranks 76th out of 199 countries with data for 2024.
- Is net secondary income rising or falling in Burkina Faso?
- Over the last ten years it is up 61.0%. The long-run trend across the full record is rising.
- Where does this Burkina Faso data come from?
- The figures come from Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF), published as part of Net secondary income (BoP, current US$). Statizoid updates them automatically from the source API.
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About this data
Net secondary income (from abroad) comprises transfers of income between residents of the reporting country and the rest of the world that carry no provisions for repayment. Net secondary income is equal to the unrequited transfers of income from nonresidents to residents minus the unrequited transfers from residents to nonresidents. 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.