
Islamic Finance FAQ: A Global Finance Series
Islamic finance is a fast-growing $2 trillion industry, yet many finance professionals do not know halal from haram. Global Finance's series on Islamic finance explains.
Browse additional economic indicators and data sets, selected by Global Finance editors, to learn more about Burkina Faso economic outlook, debt to GDP ratio, international trade performance and population trends. Rankings of Burkina Faso best banks and safest banks are also available.
All these extremely fragile and underdeveloped economies have either recently been through a civil war or are suffering from ongoing sectarian or ethnic conflicts.
USD 0.07 billion (2015)
International Monetary Fund (IMF), data retrieved January 2017
USD 13.1 billion (2017, estimate)
Intl$ 35.7 billion (2017, estimate)
2006 | 2007 | 2008 | 2009 | 2010 | 2011 | 2012 |
6.3% | 4.1% | 5.8% | 3% | 8.5% | 6.6% | 6.5% |
2013 | 2014 | 2015* | 2016* | 2017* | ||
6.6% | 4% | 4% | 5.2% | 5.9% |
*Estimate
1980 | 1990 | 2000 | 2010 | 2017* |
0.02% | 0.02% | 0.02% | 0.03% | 0.03% |
*Estimate
(2016 estimate)
2013 | 2014 | 2015 | 2016* | 2017* |
0.5% | -0.3% | 0.9% | 1.6% | 2.0% |
*Estimate
2013 | 2014 | 2015 | 2016 | 2017 |
N/A | N/A | N/A | N/A | N/A |
*Estimate
2013 | 2014 | 2015* | 2016* | 2017* |
28.7% | 30.2% | 32.8% | 36.3% | 36.3% |
*Estimate
2013 | 2014 | 2015* | 2016* | 2017* |
-3.9% | -1.9% | -2.3% | -3.1% | -3% |
*Estimate
Standard & Poor's: B-
Moody's: N/A
Standard & Poor's / Moody's (Updated January 2017)
2013 | 2014 | 2015 |
N/A | N/A | N/A |
-5.0% (2017 estimate)
25.2% (2015)
0.01% (2015)
0.008% (2014)
Capital goods, foodstuffs, petroleum
Switzerland 53.3%, India 14.5% (2015)
Cote dIvoire 23.1%, France 11.1%, Togo 7.5%, China 4.8%, Ghana 4.6% (2015)
2013 | 2014 | 2015 |
USD 490 million | USD 357 million | USD 167 million |
2013 | 2014 | 2015 |
USD 58 million | USD 69 million | USD 28 million |
2012 | 2013 | 2014 | 2015 |
N/A | N/A | N/A | N/A |
N/A
N/A
Economies are ranked on their ease of doing business. A high ease of doing business ranking means the regulatory environment is more conducive to the starting and operation of a local firm.
Overall ranking: 146 out of 190 countries (2016)
Subcategories:
Starting a business: 72 out of 190 countries
Enforcing Contracts: 161 out of 190 countries
Registering Property: 136 out of 190 countries
Getting credit: 139 out of 190 countries
Protecting investors: 145 out of 190 countries
Trading across border: 104 out of 190 countries
Paying Taxes: 150 out of 190 countries
Dealing with Construction Permits: 61 out of 190 countries
Getting Electricity: 181 out of 190 countries
Resolving Insolvency: 112 out of 190 countries
N/A
(2016-2017)
Ranking: 104 / Score: 59.09 (Mostly unfree) (2017)
(100=totally free 0=totally repressed)
French (official), native African languages belonging to Sudanic family spoken by 90% of the population
Muslim 61.6%, Catholic 23.2%, traditional/animist 7.3%, Protestant 6.7%, other/no answer 0.2%, none 0.9% (2010 est.)
1990 | 2000 | 2010 | 2016* | 2021* |
8.81 million | 11.6 million | 15.5 million | 18.42 million | 21.099 million |
*Estimate
1960 | 1980 | 2000 | 2015 |
5% | 9% | 18% | 30% |
Total population: 36%
Male: 43%
Female: 29.3% (2015 est.)
(age 15 and over can read and write)
30.8% (2014)
35.3 (2014)
(0=perfect equality, 100=absolute inequality)
Political Rights: 4
Civil Liberties: 3 (2017)
(1 represents the most free, 7 the least free rating)
Fixed 0.42% Mobile 80.64% (2015)
(fixed-telephone subscribers and mobile-cellular subscribers)