Value added, services and etc growth rate in Burkina Faso
Burkina Faso: Value added, services and etc growth rate was 5.8% in 2011. ◆ Volatile
Value added, services and etc growth rate in Burkina Faso, 1971–2011
Source: World Bank national accounts data, and OECD National Accounts data files. Measured in %.
Analysis
Burkina Faso recorded 5.8% for value added, services and etc growth rate in 2011.
Compared with earlier readings it is up 19.0% on the previous year and up 155.6% over ten years.
Over the whole period, value added, services and etc growth rate in Burkina Faso peaked at 20.1% in 1979 and was at its lowest, -4.9%, in 1994.
That places Burkina Faso 23rd out of 49 countries with data for 2011, putting it in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Value added, services and etc growth rate in Burkina Faso, year by year
| Year | % | Change |
|---|---|---|
| 1971 | 0.3% | — |
| 1972 | 7.5% | +2093.7% |
| 1973 | -4.2% | -155.3% |
| 1974 | 16.8% | -503.9% |
| 1975 | -4.3% | -125.6% |
| 1976 | 7.6% | -277.2% |
| 1977 | 16.4% | +114.6% |
| 1978 | 4.7% | -71.1% |
| 1979 | 20.1% | +324.9% |
| 1980 | -4.8% | -123.8% |
| 1981 | 5.3% | -211.1% |
| 1982 | 15.3% | +187.2% |
| 1983 | 3.3% | -78.7% |
| 1984 | -2.3% | -169.8% |
| 1985 | 9.1% | -498.7% |
| 1986 | 5.3% | -41.6% |
| 1987 | 2.2% | -59.3% |
| 1988 | 2.5% | +14.5% |
| 1989 | 5.5% | +120.5% |
| 1990 | -0.1% | -102.2% |
| 1991 | 5.2% | -4411.5% |
| 1992 | -2.5% | -148.1% |
| 1993 | -0.4% | -85.9% |
| 1994 | -4.9% | +1296.1% |
| 1995 | 7.6% | -254.2% |
| 1996 | 13.9% | +81.7% |
| 1997 | 7.8% | -43.7% |
| 1998 | 2.9% | -62.9% |
| 1999 | -0.1% | -102.1% |
| 2000 | 10.1% | -16985.8% |
| 2001 | 2.3% | -77.4% |
| 2002 | 8.4% | +270.4% |
| 2003 | 2.4% | -71.3% |
| 2004 | 9.3% | +286.0% |
| 2005 | 7.7% | -18.1% |
| 2006 | 13.7% | +79.0% |
| 2007 | 6.2% | -54.9% |
| 2008 | 3.1% | -49.1% |
| 2009 | 5.7% | +81.2% |
| 2010 | 4.9% | -14.2% |
| 2011 | 5.8% | +19.0% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 7.2% | -4.3% | 20.1% | 9 |
| 1980s | 4.1% | -4.8% | 15.3% | 10 |
| 1990s | 2.9% | -4.9% | 13.9% | 10 |
| 2000s | 6.9% | 2.3% | 13.7% | 10 |
| 2010s | 5.4% | 4.9% | 5.8% | 2 |
Countries ranked near Burkina Faso
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 value added, services and etc growth rate in Burkina Faso?
- Value added, services and etc growth rate in Burkina Faso was 5.8% in 2011, according to World Bank national accounts data, and OECD National Accounts data files.
- What is the highest value added, services and etc growth rate recorded in Burkina Faso?
- The highest recorded value was 20.1% in 1979.
- What is the lowest value added, services and etc growth rate recorded in Burkina Faso?
- The lowest recorded value was -4.9% in 1994.
- How does Burkina Faso rank for value added, services and etc growth rate?
- Burkina Faso ranks 23rd out of 49 countries with data for 2011.
- Is value added, services and etc growth rate rising or falling in Burkina Faso?
- Over the last ten years it is up 155.6%. The long-run trend across the full record is volatile.
- Where does this Burkina Faso data come from?
- The figures come from World Bank national accounts data, and OECD National Accounts data files, published as part of Value added, services and etc growth rate (%). Statizoid updates them automatically from the source API.
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About this data
This is the annual rate of growth of value added in services. Services correspond to ISIC divisions 50-99. They include value added in wholesale and retail trade (including hotels and restaurants), transport, and government, financial, professional, and personal services such as education, health care, and real estate services. Also included are imputed bank service charges, import duties, and any statistical discrepancies noted by national compilers as well as discrepancies arising from rescaling. Value added is the net output of a sector after adding up all outputs and subtracting intermediate inputs. It is calculated without making deductions for depreciation of fabricated assets or depletion and degradation of natural resources. The industrial origin of value added is determined by the International Standard Industrial Classification (ISIC), revision 2.