Burkina Faso | Economic Forecasts | 2017-2020 Outlook

This page has economic forecasts for Burkina Faso including a long-term outlook for the next decades, plus medium-term expectations for the next four quarters and short-term market predictions for the next release affecting the Burkina Faso economy.


MARKETS Actual Q3/17 Q4/17 Q1/18 Q2/18 2020
Currency 543.38 540 534 529 523 463 [+]
GDP Actual Q3/17 Q4/17 Q1/18 Q2/18 2020
GDP Annual Growth Rate 6.40 7.12 4.71 7.17 7.1 5.15 percent [+]
GDP 12.12 12.05 12.28 12.14 12 12.23 USD Billion [+]
Gross Fixed Capital Formation 1655.90 1645 1636 1636 1636 1637 XOF Billion [+]
GDP per capita 644.00 650 654 656 659 684 USD [+]
GDP per capita PPP 1594.60 1615 1624 1633 1642 1716 USD [+]
GDP Constant Prices 4626.90 4731 4796 4845 4894 5316 XOF Billion [+]
GDP From Agriculture 1070.10 1067 1074 1087 1099 1172 XOF Billion [+]
GDP From Manufacturing 767.30 742 751 758 765 832 XOF Billion [+]
GDP From Mining 223.40 236 249 252 256 282 XOF Billion [+]
GDP From Public Administration 874.20 898 904 910 917 977 XOF Billion [+]
GDP From Services 756.00 776 786 799 812 902 XOF Billion [+]
LABOUR Actual Q3/17 Q4/17 Q1/18 Q2/18 2020
Unemployment Rate 6.60 7.15 7.35 7.45 7.54 7.57 percent [+]
Population 19.03 19.6 19.92 20.18 20.43 22.96 Million [+]
PRICES Actual Q3/17 Q4/17 Q1/18 Q2/18 2020
Inflation Rate -0.30 1.2 1.2 2.1 2.2 2.6 percent [+]
Food Inflation 0.70 1.27 1.09 1.19 1.16 1.16 percent [+]
Consumer Price Index Cpi 108.20 108 108 108 108 108 Index Points [+]
MONEY Actual Q3/17 Q4/17 Q1/18 Q2/18 2020
Interest Rate 4.50 4.5 4.5 4.5 4.5 4.5 percent [+]
Deposit Interest Rate 7.11 7.5 7.66 7.71 7.76 8.51 percent [+]
Interbank Rate 5.41 5.37 5.34 5.3 5.27 5.22 percent [+]
TRADE Actual Q3/17 Q4/17 Q1/18 Q2/18 2020
Balance of Trade -86.40 -46.16 -46.1 -46.09 -46.08 -46.07 CFA Franc Billion [+]
Exports 113.40 106 106 106 106 106 CFA Franc Billion [+]
Imports 199.80 172 172 172 172 172 CFA Franc Billion [+]
Current Account -572.00 -501 -511 -504 -497 -461 CFA Franc Billion [+]
Current Account to GDP -4.30 -3.4 -3.4 -3 -3 -2 percent [+]
Terms Of Trade 149.40 128 140 146 142 139 index points [+]
Terrorism Index 2.62 2.72 2.93 2.86 2.8 2.72 [+]
GOVERNMENT Actual Q3/17 Q4/17 Q1/18 Q2/18 2020
Government Debt to GDP 28.30 30 30 32 32 36 percent [+]
Government Budget -2.30 -1.05 -1.07 -1.24 -1.41 -2.03 percent of GDP [+]
Military Expenditure 147.40 151 150 150 150 150 USD Million [+]
Government Spending 1015.10 1051 1056 1067 1077 1181 XOF Billion [+]
BUSINESS Actual Q3/17 Q4/17 Q1/18 Q2/18 2020
Industrial Production 1.40 -1.56 -10.39 15.1 18.12 4.3 percent [+]
Leading Economic Index 2.60 4.56 5.32 4.97 4.8 4.87 [+]
Mining Production 41.90 -79.44 -45.99 -50.55 -19.54 18.33 percent [+]
Ease of Doing Business 146.00 148 149 149 149 143 [+]
Capacity Utilization 83.40 52.42 57.75 65.52 60.2 56.82 percent [+]
Changes In Inventories -2.60 12.81 13.75 14.67 15.59 20.7 XOF Billion [+]
Competitiveness Index 3.20 3.24 3.24 3.24 3.25 3.27 Points [+]
Competitiveness Rank 135.00 142 146 144 143 150 [+]
Corruption Index 42.00 44 46 45 45 46 Points [+]
Corruption Rank 72.00 75 76 76 76 72 [+]
CONSUMER Actual Q3/17 Q4/17 Q1/18 Q2/18 2020
Retail Sales Yoy 54.00 35.97 31.49 17.47 17.13 23.72 percent [+]
Consumer Spending 2800.00 1050 1050 1220 1220 1620 XOF Billion [+]
TAXES Actual Q3/17 Q4/17 Q1/18 Q2/18 2020
Sales Tax Rate 18.00 18 18 18 18 18 percent [+]