Burkina Faso 2023
Detailed economic analysis and indicators for 2023
Key Economic Indicators (2023)
GDP (Current USD)
$20.32 billion
↑ 7.99% vs 2022GDP per Capita
$882.69
↑ 5.57% vs 2022GDP Growth (Annual %)
2.96%
↑ 1.46pp vs 2022Inflation Rate (CPI %)
0.74%
↓ 13.55pp vs 2022Year-over-Year Comparison
| Indicator | 2022 | 2023 | Change |
|---|---|---|---|
| GDP (Current USD) | $18.82 billion | $20.32 billion | +7.99% |
| GDP per Capita | $836.12 | $882.69 | +5.57% |
| GDP Growth (Annual %) | 1.50% | 2.96% | +1.46pp |
| Inflation (CPI %) | 14.29% | 0.74% | -13.55pp |
| Unemployment Rate (%) | 5.39% | 5.35% | -0.04pp |
All Economic Indicators (2023)
National Accounts
- GDP (Current USD)
- $20.32 billion
- GDP per Capita
- $882.69
- GDP Growth (Annual %)
- 2.96%
- Gross National Income
- $19.48 billion
Prices & Employment
- Inflation (CPI %)
- 0.74%
- Inflation (GDP Deflator %)
- 2.00%
- Unemployment Rate (%)
- 5.35%
- Interest Rate (Real %)
- N/A
Trade & Investment
- Exports (Goods & Services)
- N/A
- Imports (Goods & Services)
- N/A
- FDI Inflow
- N/A
- FDI Outflow
- N/A
Balance & Debt
- Current Account Balance (% GDP)
- -5.00%
- Government Debt (% GDP)
- N/A
- Data Last Updated
- 2025-10-23
Frequently Asked Questions
As of 2023, Burkina Faso's Gross Domestic Product (GDP) is $20.32 billion. This represents the total value of goods and services produced in the country.
The GDP per capita in Burkina Faso for 2023 is $882.69. GDP per capita is calculated by dividing the country's GDP by its population.
The Consumer Price Index (CPI) inflation rate in Burkina Faso for 2023 is 0.74%. This measures the annual percentage change in the cost of consumer goods and services.
Burkina Faso's annual GDP growth rate for 2023 is 2.96%. This indicates the rate at which the country's economy is expanding or contracting.
The unemployment rate in Burkina Faso for 2023 is 5.35%. This represents the percentage of the labor force that is unemployed and actively seeking employment.