Burkina Faso Government Spending2022 Data - 2023 Forecast - 1990-2021 Historical

Name: Burkina Faso Government Spending
Creator: TRADING ECONOMICS
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Keywords: Burkina Faso,Government Spending,data,chart,actual,historical,values,calendar,forecast,graph,2022,2023,2024

Government Spending in Burkina Faso increased to 326.20 XOF Billion in 2021 from 296.40 XOF Billion in 2020. source: Central Bank of West African States (BCEAO)

Government Spending in Burkina Faso averaged 481.60 XOF Billion from 1990 until 2021, reaching an all time high of 1031.30 XOF Billion in 2016 and a record low of 247 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 February of 2023.

Government Spending in Burkina Faso is expected to reach 341.86 XOF Billion by the end of 2023, according to Trading Economics global macro models and analysts expectations. In the long-term, the Burkina Faso Government Spending is projected to trend around 358.95 XOF Billion in 2024 and 1529.85 XOF Billion in 2025, according to our econometric models.

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Related	Last	Previous	Unit	Reference
Government Debt to GDP	59.60	52.40	percent of GDP	Dec 2022
Government Spending	326.20	296.40	XOF Billion	Dec 2021

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.