The Gross Domestic Product (GDP) in Burkina Faso expanded 14.70 percent in the first quarter of 2021 over the same quarter of the previous year. source: INSD, Burkina Faso

GDP Annual Growth Rate in Burkina Faso averaged 5.80 percent from 1991 until 2021, reaching an all time high of 25.70 percent in the fourth quarter of 1994 and a record low of -8.10 percent in the second quarter of 2020. This page provides - Burkina Faso GDP Annual Growth Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news. Burkina Faso GDP Annual Growth Rate - values, historical data and charts - was last updated on September of 2021.

GDP Annual Growth Rate in Burkina Faso is expected to be 5.00 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Burkina Faso GDP Annual Growth Rate is projected to trend around 5.00 percent in 2022 and 5.70 percent in 2023, according to our econometric models.

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Burkina Faso GDP Annual Growth Rate

Actual Previous Highest Lowest Dates Unit Frequency
14.70 9.50 25.70 -8.10 1991 - 2021 percent Quarterly

Burkina Faso GDP Last Previous Highest Lowest Unit
GDP Annual Growth Rate 14.70 9.50 25.70 -8.10 percent [+]
GDP 17.37 15.99 17.37 0.33 USD Billion [+]
Gross Fixed Capital Formation 1704.80 2098.90 2098.90 244.50 XOF Billion [+]
GDP per capita 815.48 822.20 822.20 268.74 USD [+]
GDP per capita PPP 2160.51 2178.32 2178.32 1017.54 USD [+]
GDP Constant Prices 2452.90 2523.80 2523.80 449.30 XOF Billion [+]
GDP From Agriculture 356.40 345.30 356.40 72.50 XOF Billion [+]
GDP From Manufacturing 256.00 253.20 256.00 54.60 XOF Billion [+]
GDP From Services 1013.90 1043.90 1043.90 173.30 XOF Billion [+]

Burkina Faso GDP Annual Growth Rate
Burkina Faso is one of the poorest countries of the world. The most important sector of the economy is agriculture. In recent years, Burkina Faso’s economy has been stimulated by the expansion of the gold mining industry.