
Trade Finance In Wartime
The huge drop-off in trade involving Russia and Ukraine has hit trade finance hard.
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.
Burkina Faso
There’s been big change in the small country of Burkina Faso. On November 29, the West African nation of 17 million held its first free elections in almost three decades.
2007 | 2008 | 2009 | 2010 | 2011 | 2012 | 2013 |
4.4% | 5.8% | 3% | 8.4% | 6.6% | 6.5% | 5.8% |
2014 | 2015 | 2016 | 2017* | 2018* | ||
4.3% | 3.9% | 5.9% | 6.3% | 6% |
*Estimate
1980 | 1990 | 2000 | 2010 | 2019* |
0.02% | 0.02% | 0.02% | 0.03% | 0.03% |
*Estimate
(2018 estimate)
2015 | 2016 | 2017 | 2018* | 2019* |
0.9% | -0.2% | 0.4% | 2% | 1.1% |
*Estimate
2015 | 2016 | 2017 | 2018 | 2019 |
N/A | N/A | N/A | N/A | N/A |
*Estimate
2015 | 2016 | 2017 | 2018* | 2019* |
35.6% | 39.2% | 38.4% | 42.9% | 42.9% |
*Estimate
2015 | 2016 | 2017 | 2018* | 2019* |
-2.4% | -3.6% | -7.9% | -5% | -3% |
*Estimate
Standard & Poor's: B
Moody's: N/A
Standard & Poor's / Moody's
2016 | 2017 | 2018 |
N/A | N/A | N/A |
-5.8 % (2018 estimate)
28.7% (2018)
0.02% (2018)
0.009% (2018)
Capital goods, foodstuffs, petroleum
Switzerland 44.9%, India 15.6%, South Africa 11.3%, Cote dIvoire 4.9% (2017)
China 13.2%, Cote dIvoire 9.5%, US 8.2%, Thailand 8.1%, France 6.5%, Ghana 4.4%, Togo 4.4%, India 4.3% (2017)
2016 | 2017 | 2018 |
USD 390 million | USD 2.6 million | USD 480 million |
2016 | 2017 | 2018 |
USD 50 million | USD 10 million | USD 69 million |
2015 | 2016 | 2017 | 2018 |
N/A | N/A | USD 1.6 million | 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:
151 out of 190 countries
Subcategories:
Starting a Business: 88 out of 190 countries
Dealing with Construction Permits: 95 out of 190 countries
Getting Electricity: 183 out of 190 countries
Registering Property: 141 out of 190 countries
Getting Credit: 152 out of 190 countries
Protecting Minority Investors: 120 out of 190 countries
Paying Taxes: 154 out of 190 countries
Trading across Borders: 122 out of 190 countries
Enforcing Contracts: 165 out of 190 countries
Resolving Insolvency: 109 out of 190 countries
130 out of 141 countries
(2019)
Ranking: 96 / Score: 59.4 (Mostly unfree)
(100=totally free 0=totally repressed)
French (official), native African languages belonging to Sudanic family spoken by 90% of the population
Muslim 61.5%, Roman Catholic 23.3%, traditional/animist 7.8%, Protestant 6.5%, other/no answer 0.2%, none 0.7% (2010 est.)
1990 | 2000 | 2010 | 2015 | 2020* |
8.81 million | 11.61 million | 15.61 million | 18.11 million | 20.92 million |
*Estimate
1960 | 1980 | 2000 | 2018 |
4.7% | 8.8% | 17.8% | 29.4% |
Total population: 36%
Male: 43%
Female: 29.3%
Definition: age 15 and over can read and write (2015 est.)
76.4% (last available estimate, 2014)
35.3 (last available estimate, 2014)
(0=perfect equality, 100=absolute inequality)
Partly Free
Political Rights: 4
Civil Liberties: 3 (2019)
(1 represents the most free, 7 the least free rating)
Fixed: 0.4%
Mobile: 97.9%
(2018)
(fixed-telephone subscribers and mobile-cellular subscribers)