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 Q3/18 Q4/18 Q1/19 Q2/19 2020
Currency 560.01
587 609 631 653 753
GDP Actual Q3/18 Q4/18 Q1/19 Q2/19 2020
GDP Annual Growth Rate 6.70
percent
7.7 6.1 7.7 7.6 5.15
GDP 12.87
USD Billion
13.1 13.1 13.3 13.3 13.5
Gross Fixed Capital Formation 1655.90
XOF Billion
1783 1757 1783 1782 1943
GDP per capita 688.53
USD
715 715 732 732 750
GDP per capita PPP 1703.10
USD
1710 1710 1810 1810 1855
GDP Constant Prices 4928.90
XOF Billion
4993 5230 5308 5303 5783
GDP From Agriculture 946.00
XOF Billion
1061 1004 1019 1018 1110
GDP From Manufacturing 894.90
XOF Billion
890 949 964 963 1050
GDP From Mining 183.40
XOF Billion
167 195 198 197 215
GDP From Public Administration 1118.50
XOF Billion
1076 1187 1205 1204 1312
GDP From Services 796.80
XOF Billion
801 845 858 857 935
LABOUR Actual Q3/18 Q4/18 Q1/19 Q2/19 2020
Unemployment Rate 6.30
percent
6 6 6 6 5.5
Population 19.20
Million
19.56 19.69 19.84 19.99 21.43
PRICES Actual Q3/18 Q4/18 Q1/19 Q2/19 2020
Inflation Rate 1.10
percent
0.8 1.1 1 1 2.6
Food Inflation 3.80
percent
3.5 3 3.02 2.75 3.92
Consumer Price Index Cpi 112.10
Index Points
110 110 109 113 116
MONEY Actual Q3/18 Q4/18 Q1/19 Q2/19 2020
Interest Rate 4.50
percent
4.5 4.5 4.5 4.5 4.5
Deposit Interest Rate 6.90
percent
6.9 6.9 6.9 6.9 6.9
Interbank Rate 5.08
percent
5.08 5.08 5.08 5.08 5.08
TRADE Actual Q3/18 Q4/18 Q1/19 Q2/19 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 -564.30
CFA Franc Billion
-679 -768 -714 -659 -583
Current Account to GDP -7.60
percent
-3 -3 -2.8 -2.8 -2
Terms Of Trade 285.30
index points
195 195 189 189 189
Terrorism Index 4.52
5.08 5.61 5.76 5.91 5.22
GOVERNMENT Actual Q3/18 Q4/18 Q1/19 Q2/19 2020
Government Debt to GDP 24.40
percent
32 32 34 34 36
Government Budget -5.50
percent of GDP
-1.95 -1.89 -1.98 -2.06 -2.87
Military Expenditure 185.60
USD Million
173 178 181 185 207
Government Spending 1015.10
XOF Billion
1093 1077 1093 1092 1191
BUSINESS Actual Q3/18 Q4/18 Q1/19 Q2/19 2020
Industrial Production 5.20
percent
18.8 19.11 17.31 18.41 10.66
Internet Speed 1006.45
KBps
1031 1033 1038 1034 1035
IP Addresses 16229.00
IP
18090 18409 18720 19037 22178
Leading Economic Index 2.80
Percent
2.63 2.63 2.61 2.61 2.61
Mining Production -1.90
percent
6.2 3.31 5.65 8.93 10.94
Ease of Doing Business 148.00
153 155 154 154 147
Capacity Utilization 90.50
percent
82.62 82.14 86.75 85.12 84.43
Changes In Inventories -2.60
XOF Billion
12.81 13.75 14.67 15.59 17.52
Competitiveness Index 3.20
Points
3.25 3.27 3.28 3.3 3.29
Competitiveness Rank 135.00
142 146 144 143 152
Corruption Index 42.00
Points
40 39 39 39 40
Corruption Rank 74.00
75 75 75 75 76
CONSUMER Actual Q3/18 Q4/18 Q1/19 Q2/19 2020
Retail Sales Yoy 4.50
percent
24.98 25.65 28.8 23.73 20.03
Consumer Spending 2800.00
XOF Billion
3016 2971 3016 3013 3285
TAXES Actual Q3/18 Q4/18 Q1/19 Q2/19 2020
Sales Tax Rate 18.00
percent
18 18 18 18 18
CLIMATE Actual Q3/18 Q4/18 Q1/19 Q2/19 2020
Precipitation 0.92
mm
184 16.88 3.61 65.77 70.63
Temperature 24.16
celsius
27.04 27.13 27.65 28.75 28.78