Volume of remittances (in United States dollars) as a proportion of in Burkina Faso
Burkina Faso: Volume of remittances (in United States dollars) as a proportion of was 2.9% in 2023. ▲ Rising
Latest (2023)
2.9%
Change on year
up 3.3%
World rank
88th
of 203 countries
All-time high
3.3%
in 2015
All-time low
0.8%
in 2004
Years of data
24
2000–2023
Volume of remittances (in United States dollars) as a proportion of in Burkina Faso, 2000–2023
Source: United Nations Statistics Division, SDG Global Database.
Analysis
Burkina Faso recorded 2.9% for volume of remittances (in united states dollars) as a proportion of in 2023.
That represents a change of up 3.3% on the previous year and up 26.6% over ten years.
Over the whole period, volume of remittances (in united states dollars) as a proportion of in Burkina Faso peaked at 3.3% in 2015 and was at its lowest, 0.8%, in 2004.
That places Burkina Faso 88th out of 203 countries with data for 2023, putting it in the middle of the range.
The long-run direction has been consistently rising across the 24 years of available data.
Volume of remittances (in United States dollars) as a proportion of in Burkina Faso, year by year
| Year | Value | Change |
|---|---|---|
| 2000 | 2.3% | — |
| 2001 | 1.6% | -31.0% |
| 2002 | 1.6% | +3.6% |
| 2003 | 1.1% | -30.1% |
| 2004 | 0.8% | -28.1% |
| 2005 | 0.9% | +13.2% |
| 2006 | 1.0% | +12.6% |
| 2007 | 1.1% | +6.6% |
| 2008 | 1.1% | -4.7% |
| 2009 | 1.0% | -3.4% |
| 2010 | 1.2% | +16.8% |
| 2011 | 1.8% | +53.6% |
| 2012 | 1.7% | -8.7% |
| 2013 | 2.3% | +37.3% |
| 2014 | 2.8% | +23.9% |
| 2015 | 3.3% | +14.5% |
| 2016 | 3.1% | -4.8% |
| 2017 | 3.0% | -4.6% |
| 2018 | 2.9% | -3.0% |
| 2019 | 2.9% | +1.6% |
| 2020 | 3.0% | +1.6% |
| 2021 | 2.9% | -2.1% |
| 2022 | 2.8% | -2.9% |
| 2023 | 2.9% | +3.3% |
Burkina Faso compared with similar countries
- Burkina Faso's 2.9% is below the median for low income countries, which is 3.8%, 77% of the median. (18 countries reporting)
- Burkina Faso's 2.9% is above the median for Sub-Saharan Africa, which is 2.9%, 1.0× the median. (39 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 1.3% | 0.8% | 2.3% | 10 |
| 2010s | 2.5% | 1.2% | 3.3% | 10 |
| 2020s | 2.9% | 2.8% | 3.0% | 4 |
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)
- 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 volume of remittances (in united states dollars) as a proportion of in Burkina Faso?
- Volume of remittances (in united states dollars) as a proportion of in Burkina Faso was 2.9% in 2023, according to United Nations Statistics Division, SDG Global Database.
- What is the highest volume of remittances (in united states dollars) as a proportion of recorded in Burkina Faso?
- The highest recorded value was 3.3% in 2015.
- What is the lowest volume of remittances (in united states dollars) as a proportion of recorded in Burkina Faso?
- The lowest recorded value was 0.8% in 2004.
- How does Burkina Faso rank for volume of remittances (in united states dollars) as a proportion of?
- Burkina Faso ranks 88th out of 203 countries with data for 2023.
- Is volume of remittances (in united states dollars) as a proportion of rising or falling in Burkina Faso?
- Over the last ten years it is up 26.6%. The long-run trend across the full record is rising.
- Where does this Burkina Faso data come from?
- The figures come from United Nations Statistics Division, SDG Global Database, published as part of Volume of remittances (in United States dollars) as a proportion of total GDP (%). Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 24 observations, free to reuse under UN SDG Global Database (open, attribution requested).