Secondary income, other sectors, payments in Burkina Faso
Burkina Faso: Secondary income, other sectors, payments was 227.54 million BoP, current US$ in 2024. ▲ Rising
Secondary income, other sectors, payments in Burkina Faso, 2005–2024
Source: Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in BoP, current US$.
Analysis
In 2024, secondary income, other sectors, payments in Burkina Faso stood at 227.54 million BoP, current US$.
The figure is up 1.7% on the previous year and up 32.4% over ten years.
Over the whole period, secondary income, other sectors, payments in Burkina Faso peaked at 235.25 million BoP, current US$ in 2021 and was at its lowest, 71.35 million BoP, current US$, in 2005.
That places Burkina Faso 116th out of 198 countries with data for 2024, putting it in the middle of the range.
The long-run direction has been consistently rising across the 20 years of available data.
Secondary income, other sectors, payments in Burkina Faso, year by year
| Year | BoP, current US$ | Change |
|---|---|---|
| 2005 | 71.35 million BoP, current US$ | — |
| 2006 | 75.40 million BoP, current US$ | +5.7% |
| 2007 | 82.02 million BoP, current US$ | +8.8% |
| 2008 | 89.15 million BoP, current US$ | +8.7% |
| 2009 | 87.73 million BoP, current US$ | -1.6% |
| 2010 | 106.04 million BoP, current US$ | +20.9% |
| 2011 | 107.55 million BoP, current US$ | +1.4% |
| 2012 | 89.66 million BoP, current US$ | -16.6% |
| 2013 | 160.71 million BoP, current US$ | +79.2% |
| 2014 | 171.89 million BoP, current US$ | +7.0% |
| 2015 | 196.64 million BoP, current US$ | +14.4% |
| 2016 | 202.71 million BoP, current US$ | +3.1% |
| 2017 | 212.84 million BoP, current US$ | +5.0% |
| 2018 | 226.55 million BoP, current US$ | +6.4% |
| 2019 | 219.94 million BoP, current US$ | -2.9% |
| 2020 | 232.63 million BoP, current US$ | +5.8% |
| 2021 | 235.25 million BoP, current US$ | +1.1% |
| 2022 | 214.56 million BoP, current US$ | -8.8% |
| 2023 | 223.77 million BoP, current US$ | +4.3% |
| 2024 | 227.54 million BoP, current US$ | +1.7% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 81.13 million BoP, current US$ | 71.35 million BoP, current US$ | 89.15 million BoP, current US$ | 5 |
| 2010s | 169.45 million BoP, current US$ | 89.66 million BoP, current US$ | 226.55 million BoP, current US$ | 10 |
| 2020s | 226.75 million BoP, current US$ | 214.56 million BoP, current US$ | 235.25 million BoP, current US$ | 5 |
Countries ranked near Burkina Faso
- 113 North Macedonia 244.37 million BoP, current US$ compare
- 114 Mali 234.89 million BoP, current US$ compare
- 115 Jamaica 229.50 million BoP, current US$ compare
- 117 Palestine, State of 225.02 million BoP, current US$ compare
- 118 Curaçao 216.99 million BoP, current US$ compare
- 119 Malawi 194.38 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 capital formation (constant 2015 US$), annual growth rate 14.81 % change on previous year (2025)
- Gross capital formation (constant 2015 US$), per unit of GDP 0.1895 constant 2015 US$ per US$ of GDP (2025)
- Gross capital formation (constant 2015 US$), per capita 217.51 constant 2015 US$ per person (2025)
- Imports of goods and services (current US$), annual growth rate 12.25 % change on previous year (2025)
- Imports of goods and services (current US$), per unit of GDP 0.3001 current US$ per US$ of GDP (2025)
- Imports of goods and services (current US$), per capita 344.42 current US$ per person (2025)
- Imports of goods and services (current LCU), annual growth rate 7.73 % change on previous year (2025)
- Imports of goods and services (current LCU), per unit of GDP 174.65 current LCU per US$ of GDP (2025)
Frequently asked questions
- What is secondary income, other sectors, payments in Burkina Faso?
- Secondary income, other sectors, payments in Burkina Faso was 227.54 million BoP, current US$ in 2024, according to Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF).
- What is the highest secondary income, other sectors, payments recorded in Burkina Faso?
- The highest recorded value was 235.25 million BoP, current US$ in 2021.
- What is the lowest secondary income, other sectors, payments recorded in Burkina Faso?
- The lowest recorded value was 71.35 million BoP, current US$ in 2005.
- How does Burkina Faso rank for secondary income, other sectors, payments?
- Burkina Faso ranks 116th out of 198 countries with data for 2024.
- Is secondary income, other sectors, payments rising or falling in Burkina Faso?
- Over the last ten years it is up 32.4%. 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 Secondary income, other sectors, payments (BoP, current US$). Statizoid updates them automatically from the source API.
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About this data
Secondary income refers to transfers recorded in the balance of payments whenever an economy provides or receives goods, services, income, or financial items without a quid pro quo. All transfers not considered to be capital are current. 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.