Government Spending in Burkina Faso increased to 1324.20 XOF Billion in 2018 from 799.40 XOF Billion in 2017.

Government Spending in Burkina Faso averaged 586.34 XOF Billion from 1990 until 2018, reaching an all time high of 1324.20 XOF Billion in 2018 and a record low of 286.10 XOF Billion in 1990. This page provides - Burkina Faso Government Spending- actual values, historical data, forecast, chart, statistics, economic calendar and news. Burkina Faso Government Spending - values, historical data and charts - was last updated on July of 2020.

Government Spending in Burkina Faso is expected to reach 1351.00 XOF Billion by the end of 2020, according to Trading Economics global macro models and analysts expectations. In the long-term, the Burkina Faso Government Spending is projected to trend around 1414.00 XOF Billion in 2021 and 1493.00 XOF Billion in 2022, according to our econometric models.

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Burkina Faso Government Spending

Actual Previous Highest Lowest Dates Unit Frequency
1324.20 799.40 1324.20 286.10 1990 - 2018 XOF Billion Yearly
Constant Prices 1999, NSA

Burkina Faso Government Last Previous Highest Lowest Unit
Government Debt to GDP 23.60 24.90 43.40 20.60 percent [+]
Government Budget -3.00 -4.90 16.70 -6.90 percent of GDP [+]
Military Expenditure 291.00 191.00 291.00 5.00 USD Million [+]
Credit Rating 25.00 [+]
Government Spending 1324.20 799.40 1324.20 286.10 XOF Billion [+]


Burkina Faso Government Spending
Government Spending refers to public expenditure on goods and services and is a major component of the GDP. Government spending policies like setting up budget targets, adjusting taxation, increasing public expenditure and public works are very effective tools in influencing economic growth.