As of 2023, Burkina Faso's GDP composition is dominated by the agriculture sector, which contributed 30.29% to the GDP. The service sector follows closely, accounting for 28.36%. The manufacturing and utilities sector provided 22.56%, while wholesale trade and hospitality accounted for 11.27%. Transport, communication, and construction had smaller shares, contributing 4.37% and 3.14%, respectively. Over the past two years, the trend showed a slight increase in services, attributed to digital transformation.
Future trends to watch in Burkina Faso's GDP composition include:
- The potential growth of the service sector, supported by technological advancements and policy reforms.
- Continued reliance on agriculture, with developments in sustainable practices.
- The growth of the mining and manufacturing sectors as infrastructure and investment improve.
Top countries in GDP Composition by Sector
# | 6 Countries | Percent | Last Year | |
---|---|---|---|---|
1 | 1 Agriculture, hunting, forestry, fishing | 30.29 | 2016 | |
2 | 2 Services | 28.36 | 2016 | |
3 | 3 Mining, Manufacturing, Utilities | 22.56 | 2016 | |
4 | 4 Wholesale, retail trade, restaurants and hotels | 11.27 | 2016 | |
5 | 5 Transport, storage and communication | 4.37 | 2016 | |
6 | 6 Construction | 3.14 | 2016 |