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 2021.

Government Spending in Burkina Faso is expected to reach 1380.00 XOF Billion by the end of 2021, according to Trading Economics global macro models and analysts expectations. In the long-term, the Burkina Faso Government Spending is projected to trend around 1449.00 XOF Billion in 2022 and 1531.00 XOF Billion in 2023, according to our econometric models.

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Burkina Faso Government Spending

Burkina Faso Last Unit Reference Previous Highest Lowest
Government Debt to GDP 25.00 percent of GDP Dec/20 22.60 43.40 20.60
Government Spending 1324.20 XOF Billion Dec/18 799.40 1324.20 286.10

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.