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Burkina Faso

Burkina Faso : economy statistics and industry reports

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


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


$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.)


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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Oxford Economics

Country Economic Forecasts > Burkina Faso

  • $ 163
  • Country report
  • May 2017
  • by Oxford Economics

Despite the terrorist attacks at the start of last year and delays in approving the budget, GDP growth in 2016 accelerated to an estimated 5.4%. A pick-up toward the end of the year was driven by rising ...

  • Countries : Burkina Faso

The Economist Intelligence Unit

Country Report Burkina Faso 3rd Quarter 2017

  • $ 251
  • Country report
  • August 2017
  • by The Economist Intelligence Unit

Outlook for 2017-18 The Economist Intelligence Unit expects Burkina Faso to remain politically stable in 2017-18 under the president, Roch Marc Christian Kaboré, but in-creased activity by regional ...

  • Countries : Burkina Faso, Africa

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