Burkina Faso recorded a Current Account deficit of 7.20 percent of the country's Gross Domestic Product in 2018. source: Central Bank of West African States (BCEAO)

Current Account to GDP in Burkina Faso averaged -5.80 percent from 1974 until 2018, reaching an all time high of 0.50 percent in 1984 and a record low of -13.20 percent in 2000. This page provides - Burkina Faso Current Account to GDP - actual values, historical data, forecast, chart, statistics, economic calendar and news. Burkina Faso Current Account to GDP - values, historical data and charts - was last updated on December of 2021.

Current Account to GDP in Burkina Faso is expected to reach 1.00 percent of GDP by the end of 2021, according to Trading Economics global macro models and analysts expectations. In the long-term, the Burkina Faso Current Account to GDP is projected to trend around 0.80 percent of GDP in 2022 and -2.00 percent of GDP in 2023, according to our econometric models.

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Burkina Faso Current Account to GDP


Related Last Previous Unit Reference
Current Account to GDP 1.20 -3.40 percent of GDP Dec/20
Burkina Faso Current Account to GDP
The Current account balance as a percent of GDP provides an indication on the level of international competitiveness of a country. Usually, countries recording a strong current account surplus have an economy heavily dependent on exports revenues, with high savings ratings but weak domestic demand. On the other hand, countries recording a current account deficit have strong imports, a low saving rates and high personal consumption rates as a percentage of disposable incomes.