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 Q2/18 Q3/18 Q4/18 Q1/19 2020
Currency 571.63
545 563 581 600 681
GDP Actual Q2/18 Q3/18 Q4/18 Q1/19 2020
GDP Annual Growth Rate 6.20
percent
6.4 6.4 6.1 6.4 5.15
GDP 12.12
USD Billion
11.85 12.02 12.2 12.1 12
Gross Fixed Capital Formation 1655.90
XOF Billion
1762 1762 1869 1762 2067
GDP per capita 644.00
USD
648 681 656 693 704
GDP per capita PPP 1594.60
USD
1582 1594 1606 1644 1645
GDP Constant Prices 4626.90
XOF Billion
4923 4923 5223 4923 5776
GDP From Agriculture 1070.10
XOF Billion
1139 1139 1208 1139 1336
GDP From Manufacturing 767.30
XOF Billion
816 816 866 816 958
GDP From Mining 223.40
XOF Billion
238 238 252 238 279
GDP From Public Administration 874.20
XOF Billion
930 930 987 930 1091
GDP From Services 756.00
XOF Billion
804 804 853 804 944
LABOUR Actual Q2/18 Q3/18 Q4/18 Q1/19 2020
Unemployment Rate 2.98
percent
3.25 3.22 3.2 3.15 7.57
Population 19.20
Million
18.33 18.46 18.58 18.57 18.51
PRICES Actual Q2/18 Q3/18 Q4/18 Q1/19 2020
Inflation Rate 2.10
percent
0.5 0.8 1.1 2.3 2.6
Food Inflation 3.80
percent
4 3.5 3 2.61 3.92
Consumer Price Index Cpi 108.50
Index Points
110 110 110 111 116
MONEY Actual Q2/18 Q3/18 Q4/18 Q1/19 2020
Interest Rate 4.50
percent
4.5 4.5 4.5 4.5 4.5
Deposit Interest Rate 6.90
percent
6.99 6.95 6.9 6.96 7.78
Interbank Rate 7.35
percent
5.5 5.5 5.5 5.5 5.5
TRADE Actual Q2/18 Q3/18 Q4/18 Q1/19 2020
Balance of Trade -86.40
CFA Franc Billion
-65.51 -65.51 -65.51 -65.51 -65.51
Exports 113.40
CFA Franc Billion
106 106 106 106 106
Imports 199.80
CFA Franc Billion
172 172 172 172 172
Current Account -572.00
CFA Franc Billion
-340 -279 -217 -199 -161
Current Account to GDP -4.30
percent
-3 -3 -3 -2.8 -2
Terms Of Trade 190.50
index points
182 195 195 189 189
Terrorism Index 4.52
4.55 5.08 5.61 5.76 5.22
GOVERNMENT Actual Q2/18 Q3/18 Q4/18 Q1/19 2020
Government Debt to GDP 24.40
percent
32 32 32 34 36
Government Budget -5.50
percent of GDP
-1.21 -1.17 -1.12 -1.32 -2.21
Military Expenditure 185.60
USD Million
152 150 149 148 148
Government Spending 1015.10
XOF Billion
1080 1080 1146 1080 1267
BUSINESS Actual Q2/18 Q3/18 Q4/18 Q1/19 2020
Industrial Production 4.00
percent
15.16 17.93 16.85 17.27 17.15
Internet Speed 1006.45
KBps
1046 1031 1033 1038 1035
IP Addresses 16229.00
IP
15746 15710 15620 15570 14878
Leading Economic Index 2.80
Percent
5.02 4.72 4.65 4.69 4.7
Mining Production 34.30
percent
34.3 34.3 34.3 34.3 34.3
Ease of Doing Business 148.00
148 148 148 148 148
Capacity Utilization 79.10
percent
79.1 79.1 79.1 79.1 79.1
Changes In Inventories -2.60
XOF Billion
11.88 12.81 13.75 14.67 17.52
Competitiveness Index 3.20
Points
3.22 3.25 3.27 3.28 3.29
Competitiveness Rank 135.00
139 142 146 144 152
Corruption Index 42.00
Points
40 40 39 39 40
Corruption Rank 74.00
76 75 75 75 76
CONSUMER Actual Q2/18 Q3/18 Q4/18 Q1/19 2020
Retail Sales Yoy 11.70
percent
11.94 12.22 12.04 12.15 12.11
Consumer Spending 2800.00
XOF Billion
2979 2979 3161 2979 3495
TAXES Actual Q2/18 Q3/18 Q4/18 Q1/19 2020
Sales Tax Rate 18.00
percent
18 18 18 18 18
CLIMATE Actual Q2/18 Q3/18 Q4/18 Q1/19 2020
Precipitation 0.92
mm
68.95 184 16.88 3.61 70.63
Temperature 24.16
celsius
30.84 27.04 27.13 27.65 28.78