Source
Central bank

Central Bank of West African States (BCEAO)

International Reserves

US$ 956.999 million (Source: IMF; Data updated: 2012)

Source
Gross Domestic Product - GDP

US$ 10.208 billion (2010 estimate)

GDP (Purchasing Power Parity)

23.439 billion of International dollars (2010 estimate)

Real GDP growth
2001 2002 2003 2004 2005 2006 2007 2008
6.6% 4.4% 7.8% 4.5% 8.7% 5.5% 3.6% 5.2%
2009 2010 2011 2012*        
3.2% 7.9% 5.6% 5%        

*Estimate

GDP per capita - current prices

US$ 664 (2010 estimate)

GDP per capita - PPP

$1,524 International Dollars (2010 estimate)

GDP (PPP) - share of world total
1980 1990 2000 2010 2015**
0.02% 0.02% 0.02% 0.03% 0.03%

**Forecast

 
 
Source
GDP - composition by sector

(Data released on February 2012)

  • agriculture: 34.1% 
  • industry: 23.2% 
  • services: 42.8% (2011 estimate)
Gross domestic expenditure on R&D; (% of GDP)

N/A

(Data released on March 2012)

Inflation
2009 2010 2011 2012*
2.6%(2008) -0.6% 2.8% 2.5%

*Estimate

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

*Estimate

Household saving rates

N/A

(Data released on December 2011)

Public debt (General government gross debt as a % of GDP)
2008 2009 2010 2011 2012*
23.9% 26.1% 27.1% 29.4% 27.7%

*Estimate

Public deficit (General government net lending/borrowing as a % of GDP)
2008 2009 2010 2011* 2012**
-4.3% -5.3% -5.8% -2.5% -4.7%

*Estimate    **Forecast

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 Dec 2011 and Nov 2012)

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$ -818 million (2010 estimate)(After 2008)

Current account balance by percentage of GDP

-8% of GDP (2010 estimate)(2009)

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

N/A

(Data released on April 2012)

Shares in world total merchandising export

0.01%(2007)

(Data were released in 2012 and refer to 2011)

Shares in world total commercial services export

0.01% (2010)(2007)

(Data were released in 2012)

Total exports

US$2.734 billion (2012 estimate) 

Export commodities

gold, cotton, livestock

Total imports

US$2.868 billion (2012 estimate) 

 
 
Source
Import commodities

capital goods, foodstuffs, petroleum

Exports - major partners

China 22%, Turkey 17.7%, Singapore 8.8%, Indonesia 7%, Thailand 5.2% (2011)

Imports - major partners

Cote dIvoire 16.4%, France 14.9%, Ghana 4.9%, Togo 4.6%, Belgium 4.1% (2011)

FDI inflows
2009 2010 2011
US$101 million US$35 million(2009) US$7 million(2009)
FDI outflows
2009 2010 2011  
US$8 million US$-4 million US$4 million  
Value of cross-border M&A;, by country of purchaser
2008 2009 2010 2011
N/A N/A(2009) N/A(2009) N/A
Cross-border M&A; deals worth over $3 billion completed in 2010(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 2011(Acquiring company, Acquired company, Country of the acquired company, Value of the deal)

N/A(2008 estimate)

(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.)

Overall ranking: 153 out of 185 countries(2009) (2013)

Subcategories:

Starting a business: 120 out of 185 countries(2009)

Enforcing Contracts: 109 out of 185 countries

Registering Property: 113 out of 185 countries

Getting credit: 129 out of 185 countries

Protecting investors: 150 out of 185 countries

Trading across border: 173 out of 185 countries

Paying Taxes: 157 out of 185 countries

Dealing with Construction Permits: 64 out of 185 countries

Getting Electricity: 139 out of 185 countries

Resolving Insolvency: 113 out of 185 countries

(2013)

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

133

(2012)

 

 

Index of Economic FreedomWSJ and Heritage Foundation

Ranking: 85 Score: 60.6 (Moderately Free) (2009)

(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