Service exports (BoP, current US$), annual growth rate in Burkina Faso
Burkina Faso: Service exports (BoP, current US$), annual growth rate was 1.43 % change on previous year in 2024. ◆ Volatile
Service exports (BoP, current US$), annual growth rate in Burkina Faso, 2006–2024
Source: Statizoid (derived). Measured in % change on previous year.
Analysis
In 2024, service exports (bop, current us$), annual growth rate in Burkina Faso stood at 1.43 % change on previous year.
Compared with earlier readings it is down 93.9% on the previous year and up 116.3% over ten years.
Over the whole period, service exports (bop, current us$), annual growth rate in Burkina Faso peaked at 94.45 % change on previous year in 2010 and was at its lowest, -13.77 % change on previous year, in 2015.
Burkina Faso ranks 170th of 199 countries on this measure, in the bottom quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Service exports (BoP, current US$), annual growth rate in Burkina Faso, year by year
| Year | % change on previous year | Change |
|---|---|---|
| 2006 | -5.87 % change on previous year | — |
| 2007 | 41.82 % change on previous year | -812.0% |
| 2008 | 47.53 % change on previous year | +13.6% |
| 2009 | 21.08 % change on previous year | -55.6% |
| 2010 | 94.45 % change on previous year | +348.0% |
| 2011 | 39.46 % change on previous year | -58.2% |
| 2012 | 1.11 % change on previous year | -97.2% |
| 2013 | 18.05 % change on previous year | +1531.6% |
| 2014 | -8.76 % change on previous year | -148.5% |
| 2015 | -13.77 % change on previous year | +57.2% |
| 2016 | 13.51 % change on previous year | -198.1% |
| 2017 | 8.4 % change on previous year | -37.8% |
| 2018 | 15.85 % change on previous year | +88.6% |
| 2019 | -3.09 % change on previous year | -119.5% |
| 2020 | -5.79 % change on previous year | +87.3% |
| 2021 | 9.21 % change on previous year | -259.2% |
| 2022 | -9.36 % change on previous year | -201.6% |
| 2023 | 23.38 % change on previous year | -350.0% |
| 2024 | 1.43 % change on previous year | -93.9% |
Burkina Faso compared with similar countries
- Burkina Faso's 1.43 % change on previous year is below the median for low income countries, which is 8.74 % change on previous year, 16% of the median. (23 countries reporting)
- Burkina Faso's 1.43 % change on previous year is below the median for Sub-Saharan Africa, which is 9.24 % change on previous year, 15% of the median. (47 countries reporting)
Biggest year-on-year movements
Years where Service exports (BoP, current US$), annual growth rate in Burkina Faso changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 2013 | +1531.6% | 1.11 % change on previous year | 18.05 % change on previous year |
| 2007 | +812.0% | -5.87 % change on previous year | 41.82 % change on previous year |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 26.14 % change on previous year | -5.87 % change on previous year | 47.53 % change on previous year | 4 |
| 2010s | 16.52 % change on previous year | -13.77 % change on previous year | 94.45 % change on previous year | 10 |
| 2020s | 3.78 % change on previous year | -9.36 % change on previous year | 23.38 % change on previous year | 5 |
Countries ranked near Burkina Faso
- 167 Canada 1.58 % change on previous year compare
- 168 Mexico 1.58 % change on previous year compare
- 169 New Caledonia 1.48 % change on previous year compare
- 171 Trinidad and Tobago 1.19 % change on previous year compare
- 172 Mongolia 1.09 % change on previous year compare
- 173 Grenada 0.7578 % change on previous year compare
More economy & growth data for Burkina Faso
- Africa's Development Dynamics (AfDD) Table 04 - Annual real GDP 2.54 Percent per annum (2029)
- Africa's Development Dynamics (AfDD) Table 02 - Annual real GDP 4.98 Percent per annum (2029)
- Foreign direct investment, net outflows (BoP, current US$), 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$) 9.55 % change on previous year (2025)
Frequently asked questions
- What is service exports (bop, current us$), annual growth rate in Burkina Faso?
- Service exports (bop, current us$), annual growth rate in Burkina Faso was 1.43 % change on previous year in 2024, according to Statizoid (derived).
- What is the highest service exports (bop, current us$), annual growth rate recorded in Burkina Faso?
- The highest recorded value was 94.45 % change on previous year in 2010.
- What is the lowest service exports (bop, current us$), annual growth rate recorded in Burkina Faso?
- The lowest recorded value was -13.77 % change on previous year in 2015.
- How does Burkina Faso rank for service exports (bop, current us$), annual growth rate?
- Burkina Faso ranks 170th out of 199 countries with data for 2024.
- Is service exports (bop, current us$), annual growth rate rising or falling in Burkina Faso?
- Over the last ten years it is up 116.3%. The long-run trend across the full record is volatile.
- Where does this Burkina Faso data come from?
- The figures come from Statizoid (derived), published as part of Service exports (BoP, current US$), 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 Service exports (BoP, current US$). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.
Computed from
- Service exports Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF)
Statizoid computes this series; the underlying measurements belong to the publishers named above. The arithmetic is applied to every country and year where both inputs report, and nothing is estimated unless the page says so.
About this data
The year-on-year percentage change in Service exports (BoP, current US$). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.