Burkina Faso recorded a Current Account deficit of 7.60 percent of the country's Gross Domestic Product in 2017. Current Account to GDP in Burkina Faso averaged -5.75 percent from 1974 until 2017, reaching an all time high of 0.50 percent in 1984 and a record low of -13.20 percent in 2000.

Current Account to GDP in Burkina Faso is expected to be -3.00 percent by the end of this quarter, 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 -2.00 percent in 2020, according to our econometric models.

Burkina Faso Current Account to GDP
Forecast Data Chart
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Burkina Faso Trade Last Previous Highest Lowest Unit
Balance of Trade -131.00 48.20 48.20 -276.00 CFA Franc Billion [+]
Current Account -564.30 -572.00 -46.93 -664.60 CFA Franc Billion [+]
Current Account to GDP -7.60 -6.80 0.50 -13.20 percent [+]
Imports 565.80 554.00 606.60 14.20 CFA Franc Billion [+]
Exports 434.80 602.20 602.20 1.90 CFA Franc Billion [+]
Terms Of Trade 336.40 280.90 386.60 66.90 index points [+]
Terrorism Index 4.52 2.62 4.52 0.00 [+]
External Debt 2833.00 2675.50 2833.00 569.70 EUR Million [+]

Exports by Country  |   Exports by Category  |   Imports by Country  |   Imports by Category

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. 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 - actual data, historical chart and calendar of releases - was last updated on December of 2018.

Actual Previous Highest Lowest Dates Unit Frequency
-7.60 -6.80 0.50 -13.20 1974 - 2017 percent Yearly

Country Last Previous
Singapore 19.50 Dec/17
Netherlands 10.20 Dec/17
Switzerland 9.80 Dec/17
Germany 8.00 Dec/17
South Korea 5.60 Dec/17
Japan 4.02 Dec/17
Euro Area 3.50 Dec/17
Italy 2.80 Dec/17
Russia 2.20 Dec/17
Saudi Arabia 2.20 Dec/17
Spain 1.90 Dec/17
China 1.30 Dec/17
Brazil -0.48 Dec/17
France -0.80 Dec/17
Mexico -1.60 Dec/17
Indonesia -1.70 Dec/17
India -1.90 Dec/17
United States -2.40 Dec/17
South Africa -2.50 Dec/17
Canada -3.00 Dec/17
Australia -3.10 Dec/17
United Kingdom -4.10 Dec/17
Argentina -4.80 Dec/17
Turkey -5.50 Dec/17