Total factor productivity in Burkina Faso

Burkina Faso: Total factor productivity was 0.9515 in 2023. β–² Rising

Latest (2023)
0.9515
Change on year
down 2.8%
World rank
106th
of 120 countries
All-time high
1.1
in 2012
All-time low
0.7468
in 1994
Years of data
61
1963–2023

Total factor productivity in Burkina Faso, 1963–2023

00.250.50.751196319932023

Source: Our World in Data.

Analysis

The most recent figure for total factor productivity in Burkina Faso is 0.9515, measured in 2023.

Compared with earlier readings it is down 2.8% on the previous year and down 13.3% over ten years.

Over the whole period, total factor productivity in Burkina Faso peaked at 1.1 in 2012 and was at its lowest, 0.7468, in 1994.

That places Burkina Faso 106th out of 120 countries with data for 2023, putting it in the bottom quarter.

The long-run direction has been consistently rising across the 61 years of available data.

Averages by decade

DecadeAverage LowestHighest Years
1960s 0.9819 0.9257 1.02 7
1970s 0.9993 0.937 1.1 10
1980s 0.8773 0.8248 0.9435 10
1990s 0.8084 0.7468 0.8779 10
2000s 1.01 0.8739 1.1 10
2010s 1.06 1.01 1.1 10
2020s 0.9776 0.9515 1 4

Countries ranked near Burkina Faso

  1. 103 Burundi 0.9623 compare
  2. 104 Dominican Republic 0.9609 compare
  3. 105 Tanzania 0.9566 compare
  4. 107 Luxembourg 0.9469 compare
  5. 108 Saudi Arabia 0.9467 compare
  6. 109 Lithuania 0.9395 compare

See the full ranking of 120 places β†’

More economy & growth data for Burkina Faso

All data for Burkina Faso β†’

Frequently asked questions

What is total factor productivity in Burkina Faso?
Total factor productivity in Burkina Faso was 0.9515 in 2023, according to Our World in Data.
What is the highest total factor productivity recorded in Burkina Faso?
The highest recorded value was 1.1 in 2012.
What is the lowest total factor productivity recorded in Burkina Faso?
The lowest recorded value was 0.7468 in 1994.
How does Burkina Faso rank for total factor productivity?
Burkina Faso ranks 106th out of 120 countries with data for 2023.
Is total factor productivity rising or falling in Burkina Faso?
Over the last ten years it is down 13.3%. The long-run trend across the full record is rising.
Where does this Burkina Faso data come from?
The figures come from Our World in Data, published as part of Total factor productivity. Statizoid updates them automatically from the source API.

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About this data

Indicator
Total factor productivity
Source
Our World in Data
Licence
CC BY 4.0 (Our World in Data)
Coverage
120 places, 6,892 data points, 1954–2023
Last refreshed