Markets Actual Q3 Q4 Q1 Q2 2023
Currency 638.83 635 645 656 667 689

Overview Actual Q3 Q4 Q1 Q2 2023
GDP Annual Growth Rate (%) -2.70 4.5 4.8 5.2 5.4 5.4
Unemployment Rate (%) 4.80 4.9 4.9 4.8 4.8 4.8
Inflation Rate (%) 15.30 14 12 10 8 7
Interest Rate (%) 4.00 4.5 4.5 4.5 4.5 4.5
Balance of Trade (XOF Billion) -56.70 -50 -50 -110 -80 -40
Current Account (XOF Billion) 1.70 -160 -50 -130 -130 -150
Current Account to GDP (% of GDP) 5.20 5.5 5.5 5.8 5.8 5.8
Government Debt to GDP (% of GDP) 51.00 53 53 53 53 53
Government Budget (% of GDP) -5.60 -6 -6 -5.1 -5.1 -5.1

GDP Actual Q3 Q4 Q1 Q2 2023
GDP Annual Growth Rate (%) -2.70 4.5 4.8 5.2 5.4 5.4
GDP (USD Billion) 17.37 17 17 17 17 17
Gross Fixed Capital Formation (XOF Billion) 1704.80 1764 1782 1787 1793 1883
GDP per capita (USD) 733.13 760 760 760 760 780
GDP per capita PPP (USD) 2160.51 2150 2185 2185 2185 2185
GDP Constant Prices (XOF Billion) 2412.30 2508 2545 2528 2538 2665
GDP From Agriculture (XOF Billion) 284.60 323 298 298 299 314
GDP From Manufacturing (XOF Billion) 255.40 267 259 268 269 282
GDP From Services (XOF Billion) 1036.10 1082 1112 1086 1090 1144

Labour Actual Q3 Q4 Q1 Q2 2023
Unemployment Rate (%) 4.80 4.9 4.9 4.8 4.8 4.8
Population (Million) 21.51 21.43 21.99 21.99 21.99 21.99

Prices Actual Q3 Q4 Q1 Q2 2023
Inflation Rate (%) 15.30 14 12 10 8 7
Food Inflation (%) 25.20 23 18 15 10 8
Inflation Rate Mom (%) 1.90 1.8 2.4 -0.1 1.2 1
Consumer Price Index CPI (points) 124.50 125 126 126 130 135

Money Actual Q3 Q4 Q1 Q2 2023
Interest Rate (%) 4.00 4.5 4.5 4.5 4.5 4.5
Interbank Rate (%) 5.33 5.83 5.83 5.83 5.83 5.83

Trade Actual Q3 Q4 Q1 Q2 2023
Balance of Trade (XOF Billion) -56.70 -50 -50 -110 -80 -40
Current Account (XOF Billion) 1.70 -160 -50 -130 -130 -150
Current Account to GDP (% of GDP) 5.20 5.5 5.5 5.8 5.8 5.8
Exports (XOF Billion) 725.60 480 530 470 470 550
Imports (XOF Billion) 782.30 590 610 570 570 590
Terms Of Trade (points) 334.50 400 430 280 280 360
Tourist Arrivals 62716.00 135000 140000 140000 140000 140000

Government Actual Q3 Q4 Q1 Q2 2023
Government Debt to GDP (% of GDP) 51.00 53 53 53 53 53
Government Budget (% of GDP) -5.60 -6 -6 -5.1 -5.1 -5.1
Government Spending (XOF Billion) 1324.20 1371 1384 1388 1393 1463

Taxes Actual Q3 Q4 Q1 Q2 2023
Sales Tax Rate (%) 18.00 18 18 18 18 18

Business Actual Q3 Q4 Q1 Q2 2023
Mining Production (%) 5.20 30 25 25 25 25
Capacity Utilization (%) 74.20 72.8 73.4 71.5 72 72

Consumer Actual Q3 Q4 Q1 Q2 2023
Retail Sales Yoy (%) 10.30 4.6 2 1.7 1.7 3
Consumer Spending (XOF Billion) 5514480.00 5707487 5762632 5779175 5801233 6091250


Trading Economics provides data for 20 million economic indicators from 196 countries including actual values, consensus figures, forecasts, historical time series and news. Burkina Faso Forecast - was last updated on Wednesday, July 6, 2022.