Burkina Faso

Burkina Faso : economy statistics and industry reports

  • Updated on : 27 August 2012  Source : The World Factbook

Imports

$2.327 billion (2011 est.)
$1.708 billion (2010 est.)

Exports

$2.173 billion (2011 est.)
$1.417 billion (2010 est.)

Inflation rate (consumer prices)

2.8% (2011 est.)
-0.8% (2010 est.)

Unemployment rate

77% (2004)

GDP - per capita (PPP)

$1,500 (2011 est.)
$1,400 (2010 est.)
$1,400 (2009 est.)
note: data are in 2011 US dollars

National product real growth rate

5.2% (2010 est.)
3.2% (2009 est.)
5.2% (2008 est.)

Internet users

178,100 (2009)

Telephones - mobile cellular

5.708 million (2009)

Population growth rate

3.073% (2012 est.)

Population

17,275,115 (July 2012 est.)
note: estimates for this country explicitly take into account the effects of excess mortality due to AIDS; this can result in lower life expectancy, higher infant mortality, higher death rates, lower population growth rates, and changes in the distribution of population by age and sex than would otherwise be expected

Historical background

Burkina Faso (formerly Upper Volta) achieved independence from France in 1960.

Repeated military coups during the 1970s and 1980s were followed by multiparty elections in the early 1990s.

Current President Blaise COMPAORE came to power in a 1987 military coup and has won every election since then.

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Burkina Faso

Economic overview

Burkina Faso is a poor, landlocked country that relies heavily on cotton and gold exports for revenue.

The country has few natural resources and a weak industrial base.

About 90% of the population is engaged in subsistence agriculture, which is vulnerable to periodic drought.

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The Economist Intelligence Unit

Country Report Burkina Faso 4th Quarter 2014

Country Report Burkina Faso 4th Quarter 2014

  • $ 285
  • Country report
  • November 2014
  • by The Economist Intelligence Unit

Outlook for 2015-16 Attempts to alter the constitution to permit the president, Blaise Compaoré, to run for a fifth term in 2015 will weigh on political stability. Widespread popular protests ...

  • Countries : Burkina Faso

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