bf Burkina Faso 2024

Detailed economic analysis and indicators for 2024

Year 2024

Key Economic Indicators (2024)

GDP (Current USD)

$20.87 billion

↑ 2.68% vs 2023
GDP per Capita

$906.37

↑ 2.68% vs 2023
GDP Growth (Annual %)

2.68%

↓ 0.28pp vs 2023
Inflation Rate (CPI %)

4.19%

↑ 3.45pp vs 2023

Year-over-Year Comparison

Indicator 2023 2024 Change
GDP (Current USD) $20.32 billion $20.87 billion +2.68%
GDP per Capita $882.69 $906.37 +2.68%
GDP Growth (Annual %) 2.96% 2.68% -0.28pp
Inflation (CPI %) 0.74% 4.19% +3.45pp
Unemployment Rate (%) 5.35% 5.17% -0.18pp

All Economic Indicators (2024)

National Accounts
GDP (Current USD)
$20.87 billion
GDP per Capita
$906.37
GDP Growth (Annual %)
2.68%
Gross National Income
N/A
Prices & Employment
Inflation (CPI %)
4.19%
Inflation (GDP Deflator %)
N/A
Unemployment Rate (%)
5.17%
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)
N/A
Government Debt (% GDP)
N/A
Data Last Updated
2025-10-23

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Frequently Asked Questions

As of 2024, Burkina Faso's Gross Domestic Product (GDP) is $20.87 billion. This represents the total value of goods and services produced in the country.

The GDP per capita in Burkina Faso for 2024 is $906.37. 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 2024 is 4.19%. This measures the annual percentage change in the cost of consumer goods and services.

Burkina Faso's annual GDP growth rate for 2024 is 2.68%. This indicates the rate at which the country's economy is expanding or contracting.

The unemployment rate in Burkina Faso for 2024 is 5.17%. This represents the percentage of the labor force that is unemployed and actively seeking employment.