Net trade in goods and services (BoP, current US$), annual growth rate in Burkina Faso
Burkina Faso: Net trade in goods and services (BoP, current US$), annual growth rate was 40.65 % change on previous year in 2024. ◆ Volatile
Net trade in goods and services (BoP, current US$), annual growth rate in Burkina Faso, 2006–2024
Source: Statizoid (derived). Measured in % change on previous year.
Analysis
Burkina Faso recorded 40.65 % change on previous year for net trade in goods and services (bop, current us$), annual growth rate in 2024.
The figure is up 1,455.2% on the previous year and up 35.6% over ten years.
Over the whole period, net trade in goods and services (bop, current us$), annual growth rate in Burkina Faso peaked at 203.84 % change on previous year in 2020 and was at its lowest, -337.49 % change on previous year, in 2022.
That places Burkina Faso 31st out of 199 countries with data for 2024, putting it in the top quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Net trade in goods and services (BoP, current US$), annual growth rate in Burkina Faso, year by year
| Year | % change on previous year | Change |
|---|---|---|
| 2006 | 7.69 % change on previous year | — |
| 2007 | -22.8 % change on previous year | -396.5% |
| 2008 | -42.83 % change on previous year | +87.9% |
| 2009 | 35.07 % change on previous year | -181.9% |
| 2010 | 25.11 % change on previous year | -28.4% |
| 2011 | -4.44 % change on previous year | -117.7% |
| 2012 | 16.07 % change on previous year | -462.0% |
| 2013 | -172.44 % change on previous year | -1173.2% |
| 2014 | 29.97 % change on previous year | -117.4% |
| 2015 | 8.97 % change on previous year | -70.1% |
| 2016 | 21.75 % change on previous year | +142.5% |
| 2017 | -12.84 % change on previous year | -159.0% |
| 2018 | 27.01 % change on previous year | -310.4% |
| 2019 | 15.27 % change on previous year | -43.5% |
| 2020 | 203.84 % change on previous year | +1235.0% |
| 2021 | -30.86 % change on previous year | -115.1% |
| 2022 | -337.49 % change on previous year | +993.5% |
| 2023 | 2.61 % change on previous year | -100.8% |
| 2024 | 40.65 % change on previous year | +1455.2% |
Burkina Faso compared with similar countries
- Burkina Faso's 40.65 % change on previous year is above the median for low income countries, which is 5.95 % change on previous year, 6.8× the median. (23 countries reporting)
- Burkina Faso's 40.65 % change on previous year is above the median for Sub-Saharan Africa, which is 2.26 % change on previous year, 18.0× the median. (47 countries reporting)
Biggest year-on-year movements
Years where Net trade in goods and services (BoP, current US$), annual growth rate in Burkina Faso changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 2024 | +1455.2% | 2.61 % change on previous year | 40.65 % change on previous year |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | -5.72 % change on previous year | -42.83 % change on previous year | 35.07 % change on previous year | 4 |
| 2010s | -4.56 % change on previous year | -172.44 % change on previous year | 29.97 % change on previous year | 10 |
| 2020s | -24.25 % change on previous year | -337.49 % change on previous year | 203.84 % change on previous year | 5 |
Countries ranked near Burkina Faso
- 28 Bolivia 45.28 % change on previous year compare
- 29 Andorra 42.51 % change on previous year compare
- 30 Bhutan 41.39 % change on previous year compare
- 32 Central African Republic 39.64 % change on previous year
- 33 Aruba 38.7 % change on previous year compare
- 34 Ireland 37.96 % change on previous year compare
More economy & growth data for Burkina Faso
- Africa's Development Dynamics (AfDD) Table 04 - Annual real GDP 2.54 Percent per annum (2029)
- Africa's Development Dynamics (AfDD) Table 02 - Annual real GDP 4.98 Percent per annum (2029)
- Foreign direct investment, net outflows (BoP, current US$), 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$) 9.55 % change on previous year (2025)
Frequently asked questions
- What is net trade in goods and services (bop, current us$), annual growth rate in Burkina Faso?
- Net trade in goods and services (bop, current us$), annual growth rate in Burkina Faso was 40.65 % change on previous year in 2024, according to Statizoid (derived).
- What is the highest net trade in goods and services (bop, current us$), annual growth rate recorded in Burkina Faso?
- The highest recorded value was 203.84 % change on previous year in 2020.
- What is the lowest net trade in goods and services (bop, current us$), annual growth rate recorded in Burkina Faso?
- The lowest recorded value was -337.49 % change on previous year in 2022.
- How does Burkina Faso rank for net trade in goods and services (bop, current us$), annual growth rate?
- Burkina Faso ranks 31st out of 199 countries with data for 2024.
- Is net trade in goods and services (bop, current us$), annual growth rate rising or falling in Burkina Faso?
- Over the last ten years it is up 35.6%. The long-run trend across the full record is volatile.
- Where does this Burkina Faso data come from?
- The figures come from Statizoid (derived), published as part of Net trade in goods and services (BoP, current US$), 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 Net trade in goods and services (BoP, current US$). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.
Computed from
- Net trade in goods and services Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF)
Statizoid computes this series; the underlying measurements belong to the publishers named above. The arithmetic is applied to every country and year where both inputs report, and nothing is estimated unless the page says so.
About this data
The year-on-year percentage change in Net trade in goods and services (BoP, current US$). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.