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,2021,2022,2023

Government Spending in Burkina Faso increased to 1324.20 XOF Billion in 2018 from 799.40 XOF Billion in 2017. source: Central Bank of West African States (BCEAO)

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 October of 2022.

Government Spending in Burkina Faso is expected to reach 1377.00 XOF Billion by the end of 2022, according to Trading Economics global macro models and analysts expectations. In the long-term, the Burkina Faso Government Spending is projected to trend around 1421.00 XOF Billion in 2023 and 1492.00 XOF Billion in 2024, according to our econometric models.

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Related	Last	Previous	Unit	Reference
Government Debt to GDP	51.00	46.50	percent of GDP	Dec 2021
Government Spending	1324.20	799.40	XOF Billion	Dec 2018

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.