Source
Central bank

Central Bank of West African States (BCEAO)

International Reserves

US$ 628 million (Source: World Bank; Data updated: 2013)

Gross Domestic Product - GDP

US$ 14 billion (2014 estimate)

GDP (Purchasing Power Parity)

29 billion of International dollars (2014 estimate)

Real GDP growth
2005 2006 2007 2008 2009 2010 2011
8.7% 6.3% 4.1% 5.8% 3.0% 8.4% 5.0%
2012 2013 2014*        
9.0% 6.8% 6.0%        

*Estimate

GDP per capita - current prices

US$ 791 (2014 estimate)

GDP per capita - PPP

$1,667 International Dollars (2014 estimate)

GDP (PPP) - share of world total
1980 1990 2000 2010 2014*
0.02% 0.02% 0.02% 0.03% 0.03%

*Estimate

 
 
Source
GDP - composition by sector
  • agriculture: 33.6% 
  • industry: 23.6% 
  • services: 42.8% (2013 estimate)
Gross domestic expenditure on R&D; (% of GDP)

N/A

Inflation
2010 2011 2012 2013 2014*
-0.6% 2.8% 3.8% 2.0% 2.0%

*Estimate

Unemployment rate
2009 2010 2011 2012*
N/A N/A N/A N/A

*Estimate

Household saving rates

N/A

 

Public debt (General government gross debt as a % of GDP)
2010 2011 2012 2013 2014*
29.3% 29.7% 27.3% 33.3% 32.1%

*Estimate

Public deficit (General government net lending/borrowing as a % of GDP)
2010 2011 2012 2013 2014*
-4.6% -2.4% -3.2% -3.0% -3.9%

*Estimate   

Government bond ratings

Standard & Poor's: B

Moody's rating: N/A

Moody's outlook: N/A

(Foreign Currency Government Bond Ratings; Data last updated Sept 22 2014)

Market value of publicly traded shares
2009 2010 2011
N/A N/A N/A
Largest companies in Burkina Faso

N/A

 
 
Source
Current account balance

US$ -994 million (2014 estimate)(After 2008)

Current account balance by percentage of GDP

-7.309% of GDP (2014 estimate)(2009)

Exports as percent of GDP(Exports of goods and services)

27.5% (2012)

(Data released on Oct 2014)

Shares in world total merchandising export

0.01%(2012)

(Data were released in March 2014)

Shares in world total commercial services export

0.01% (2012)

(Data were released in 2014)

Total exports

US$2.844 billion (2013 estimate) 

Export commodities

gold, cotton, livestock

Total imports

US$2.941 billion (2013 estimate) 

 
 
Source
Import commodities

capital goods, foodstuffs, petroleum

Exports - major partners

China 25.9%, Turkey 24.8%, Belgium 5.2% (2012)

Imports - major partners

Cote dIvoire 17.6%, France 15.2%, Ghana 4.8%, Togo 4.4% (2012)

FDI inflows
2011 2012 2013
US$144 million US$329 million US$ 374 million
FDI outflows
2011 2012 2013  
US$102 million US$73 million US$83 million  
Value of cross-border M&A;, by country of purchaser
2010 2011 2012 2013
N/A N/A N/A N/A
Cross-border M&A; deals worth over $3 billion completed in 2012(Acquiring company, Acquired company, Country of the acquired company, Value of the deal)

N/A

(for a monthly update on M&A; click here )

Cross-border M&A; deals worth over $3 billion completed in 2013(Acquiring company, Acquired company, Country of the acquired company, Value of the deal)

N/A

(for a monthly update on M&A; click here )

Best countries for doing business World Bank/IFC Doing Business Project (Economies are ranked on their ease of doing business, from 1 - 185. A high ranking means the regulatory environment is more conducive to the starting and operation of a local firm.)

Economies are ranked on their ease of doing business, from 1 - 189. A high ranking means the regulatory environment is more conducive to the starting and operation of a local firm.

Overall ranking: 154 out of 189 countries(2009) (2013)

Subcategories:

Starting a business: 125 out of 189 countries

Enforcing Contracts: 108 out of 189 countries

Registering Property: 123 out of 189 countries

Getting credit: 130 out of 189 countries

Protecting investors: 147 out of 189 countries

Trading across border: 174 out of 189 countries

Paying Taxes: 160 out of 189 countries

Dealing with Construction Permits: 60 out of 189 countries

Getting Electricity: 141 out of 189 countries

Resolving Insolvency: 117 out of 189 countries

(2013)

Global competitiveness ranking(ranking by country on a basis of 144, the first is the best)

135

(2014-2015)

 

 

Index of Economic FreedomWSJ and Heritage Foundation

Ranking: 98 Score: 58.9 (Moderately Free) (2014)

(100=totally free 0=totally repressed )

 
 
Source
Total area

274,222 km2 (2006)

Capital

Ouagadougou (2009)

Currency

Communaute Financiere Africaine francs (XOF) (2009)

Government type

parliamentary republic (2009)

Languages

French (official), native African languages belonging to Sudanic family spoken by 90% of the population

Religions

Muslim 50%, indigenous beliefs 40%, Christian (mainly Roman Catholic) 10%

Total population
1980 1990 2000 2012* 2017**
6.96 million 8.53 million 11.29 million 17.36 million 19.45 million

*Estimate    **Forecast

 
 
Source
Urban population as % of total population
1960 1980 2000 2011
4.7% 8.8% 16.6% 26.5%
Population median age

17 years (2010)

Population growth rate

3% (2011)

Life expectancy

55 years (2010)

Adult literacy

29% (2005/2010)

% of population living on less than $2 a day

81.21% (2011)

Inequality of wealth distribution (Gini index)

39.79 (2009)

(Data were released in 2011, 0=perfect equality, 100=absolute inequality)

Freedom House rating

Political Rights:5
Civil Liberties:3 (2011)

(1 represents the most free, 7 the least free)

Source
Total telephone subscribers as % of population

46.1% (2011)

(sum of fixed telephone lines and mobile cellular subscribers)

Internet users as % of total population

3% (Data were released in 2012 and refer to 2011)

Cost of living - Mercer index(ranking by city on a basis of 214; the 1st is the most expensive and the 214th is the least expensive)

Ouagadougou: 28th (2011)

Source
CO2 emissions(Metric tons of CO2 per capita)

0.1044 (Data were released in 2012 and refer to 2009)

World's Best Developed & Emerging Markets Banks

World's Best Subcustodian Banks

World's Best Banks By Region

World's Best Banks

2013

Additional Awards