Burkina Faso recorded a Government Budget deficit equal to 3 percent of the country's Gross Domestic Product in 2019.

Government Budget in Burkina Faso averaged -2.87 percent of GDP from 2002 until 2019, reaching an all time high of 16.70 percent of GDP in 2006 and a record low of -6.90 percent of GDP in 2017. This page provides - Burkina Faso Government Budget - actual values, historical data, forecast, chart, statistics, economic calendar and news. Burkina Faso Government Budget - values, historical data and charts - was last updated on October of 2020.

Government Budget in Burkina Faso is expected to reach -5.70 percent of GDP by the end of 2020, according to Trading Economics global macro models and analysts expectations. In the long-term, the Burkina Faso Government Budget is projected to trend around -4.50 percent of GDP in 2021 and -3.20 percent of GDP in 2022, according to our econometric models.

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Burkina Faso Government Budget

Actual Previous Highest Lowest Dates Unit Frequency
-3.00 -4.90 16.70 -6.90 2002 - 2019 percent of GDP Yearly

Burkina Faso Government Last Previous Highest Lowest Unit
Government Debt to GDP 22.60 22.50 43.40 20.60 percent [+]
Government Budget -3.00 -4.90 16.70 -6.90 percent of GDP [+]
Military Expenditure 291.00 191.00 291.00 5.00 USD Million [+]
Credit Rating 25.00 [+]
Government Spending 1324.20 799.40 1324.20 286.10 XOF Billion [+]

Burkina Faso Government Budget
Government Budget is an itemized accounting of the payments received by government (taxes and other fees) and the payments made by government (purchases and transfer payments). A budget deficit occurs when an government spends more money than it takes in. The opposite of a budget deficit is a budget surplus.