Burkina Faso - Economic Forecasts - 2018-2020 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 Q1/18 Q2/18 Q3/18 Q4/18 2020
Currency 526.40
574 591 608 625 700
GDP Actual Q1/18 Q2/18 Q3/18 Q4/18 2020
GDP Annual Growth Rate 5.50
percent
5.4 5.5 5.6 6.1 5.15
GDP 12.12
USD Billion
11.5 11.7 11.9 12.1 10.6
Gross Fixed Capital Formation 1655.90
XOF Billion
1630 1603 1577 1551 1311
GDP per capita 644.00
USD
632 638 643 648 663
GDP per capita PPP 1594.60
USD
1570 1582 1594 1606 1645
GDP Constant Prices 4626.90
XOF Billion
4601 4666 4731 4796 5457
GDP From Agriculture 1070.10
XOF Billion
1048 1061 1074 1088 1168
GDP From Manufacturing 767.30
XOF Billion
728 741 755 768 762
GDP From Mining 223.40
XOF Billion
208 221 234 247 261
GDP From Public Administration 874.20
XOF Billion
882 887 892 897 930
GDP From Services 756.00
XOF Billion
727 738 748 758 767
LABOUR Actual Q1/18 Q2/18 Q3/18 Q4/18 2020
Unemployment Rate 2.98
percent
3.07 3.05 3.02 3 7.57
Population 19.03
Million
18.96 19.28 19.6 19.92 23.97
PRICES Actual Q1/18 Q2/18 Q3/18 Q4/18 2020
Inflation Rate 2.10
percent
0.5 0.5 0.8 1.1 2.6
Food Inflation 3.90
percent
2.38 2.46 2.2 2.09 1.78
Consumer Price Index Cpi 108.90
Index Points
109 108 108 108 106
MONEY Actual Q1/18 Q2/18 Q3/18 Q4/18 2020
Interest Rate 4.50
percent
4.5 4.5 4.5 4.5 4
Deposit Interest Rate 7.11
percent
7.17 7.33 7.5 7.66 8.51
Interbank Rate 6.04
percent
5.28 5.27 5.25 5.24 5.21
TRADE Actual Q1/18 Q2/18 Q3/18 Q4/18 2020
Balance of Trade -86.40
CFA Franc Billion
-34.88 -34.8 -34.75 -34.73 -34.7
Exports 113.40
CFA Franc Billion
79.75 76.99 74.47 72.17 59.56
Imports 199.80
CFA Franc Billion
164 163 162 161 149
Current Account -572.00
CFA Franc Billion
-402 -340 -279 -217 -161
Current Account to GDP -4.30
percent
-3 -3 -5.5 -3 -2
Terms Of Trade 190.50
index points
181 182 195 195 189
Terrorism Index 4.52
4.02 4.55 5.08 5.61 5.22
GOVERNMENT Actual Q1/18 Q2/18 Q3/18 Q4/18 2020
Government Debt to GDP 21.40
percent
32 32 24.2 32 36
Government Budget -3.10
percent of GDP
-1.26 -1.21 -1.17 -1.12 -2.21
Military Expenditure 147.40
USD Million
150 149 148 147 134
Government Spending 1015.10
XOF Billion
1027 1033 1038 1044 1094
BUSINESS Actual Q1/18 Q2/18 Q3/18 Q4/18 2020
Industrial Production 3.50
percent
15.43 -3.7 19.27 26.91 16.78
Internet Speed 1006.45
KBps
997 1003 979 966 845
IP Addresses 16229.00
IP
15860 15746 15710 15620 14878
Leading Economic Index 2.80
Percent
5 4.9 4.69 4.69 4.73
Mining Production 41.90
percent
-50.55 -19.54 44.24 39.01 -10.06
Ease of Doing Business 148.00
151 152 153 155 147
Capacity Utilization 79.10
percent
64.94 66.19 65.12 61.66 59.5
Changes In Inventories -2.60
XOF Billion
11.03 12.24 13.45 14.66 16.47
Competitiveness Index 3.20
Points
3.2 3.22 3.25 3.27 3.29
Competitiveness Rank 135.00
133 134 134 135 115
Corruption Index 42.00
Points
38 39 40 41 39
Corruption Rank 72.00
76 76 77 77 77
CONSUMER Actual Q1/18 Q2/18 Q3/18 Q4/18 2020
Retail Sales Yoy 10.00
percent
12.92 24.46 31.67 28.26 26.03
Consumer Spending 2800.00
XOF Billion
1220 1220 1220 1220 1620
TAXES Actual Q1/18 Q2/18 Q3/18 Q4/18 2020
Sales Tax Rate 18.00
percent
18 18 18 18 18
CLIMATE Actual Q1/18 Q2/18 Q3/18 Q4/18 2020
Precipitation 0.92
mm
3.6 68.95 184 16.88 70.63
Temperature 24.16
celsius
27.59 30.84 27.04 27.13 28.78