Burkina Faso Current Account to GDP

Burkina Faso recorded a Current Account deficit of 0.90 percent of the countrys Gross Domestic Product in 2011. Current Account to GDP in Burkina Faso is reported by the Central Bank of West African States. From 1974 until 2011, Burkina Faso Current Account to GDP averaged -4.7 Percent reaching an all time high of 3.8 Percent in December of 1989 and a record low of -12.2 Percent in December of 2000. The Current account balance as a percent of GDP provides an indication on the level of international competitiveness of a country. Usually, countries recording a strong current account surplus have an economy heavily dependent on exports revenues, with high savings ratings but weak domestic demand. On the other hand, countries recording a current account deficit have strong imports, a low saving rates and high personal consumption rates as a percentage of disposable incomes. This page provides - Burkina Faso Current Account to GDP - actual values, historical data, forecast, chart, statistics, economic calendar and news. 2014-04-24

Actual Previous Highest Lowest Forecast Dates Unit Frequency
-0.90 -3.20 3.80 -12.21 -0.76 | 2012/12 1974 - 2011 Percent Yearly

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Burkina Faso Current Account to GDP
LIST BY COUNTRY

Trade Last Previous Highest Lowest Forecast Unit
Balance of Trade -35.10 2013-03-31 -55.80 35.20 -93.00 -38.60 2013-04-30 CFA Franc Billion [+]
Current Account -73.70 2011-12-31 -89.90 -46.93 -431.30 -69.39 2012-12-31 CFA Franc Billion [+]
Current Account to GDP -0.90 2011-12-31 -3.20 3.80 -12.21 -0.76 2012-12-31 Percent [+]
Exports 128.10 2013-03-31 94.50 136.10 1.90 103.26 2013-04-30 CFA Franc Billion [+]
Imports 163.20 2013-03-31 150.30 174.90 14.20 171.22 2013-04-30 CFA Franc Billion [+]
[+]


Current Account to GDP | Notes
The Current account balance as a percent of GDP provides an indication on the level of international competiveness of a country. Usually, countries recording a strong current account surplus have an economy heavily dependent on exports revenues, with high savings ratings but weak domestic demand. On the other hand, countries recording a current account deficit have strong imports, a low saving rates and high personal consumption rates as a percentage of disposable incomes.


RELATED NEWS

Burkina Faso Inflation Rate at -0.80 percent  
The inflation rate in Burkina Faso was recorded at -0.80 percent in February of 2014. Inflation Rate in Burkina Faso is reported by the Central Bank of West African States (BCEAO).
Burkina Faso Sales Tax Rate | VAT at 18.00 Percent  
The Sales Tax Rate in Burkina Faso stands at 18 percent. Sales Tax Rate in Burkina Faso is reported by the General Direction of Taxes.
Burkina Faso Balance of Trade at -35.10 CFA Franc Billion  
Burkina Faso recorded a trade deficit of 35.10 CFA Franc Billion in March of 2013. Balance of Trade in Burkina Faso is reported by the INSD, Burkina Faso.
Burkina Faso Interest Rate at 3.50 percent  
The benchmark interest rate in Burkina Faso was last recorded at 3.50 percent. Interest Rate in Burkina Faso is reported by the Central Bank of West African States (BCEAO).
Burkina Faso Imports at 163.20 CFA Franc Billion  
Imports in Burkina Faso increased to 163.20 CFA Franc Billion in March of 2013 from 150.30 CFA Franc Billion in February of 2013. Imports in Burkina Faso is reported by the INSD, Burkina Faso.
Burkina Faso Exports at 128.10 CFA Franc Billion  
Exports in Burkina Faso increased to 128.10 CFA Franc Billion in March of 2013 from 94.50 CFA Franc Billion in February of 2013. Exports in Burkina Faso is reported by the INSD, Burkina Faso.
Burkina Faso Current Account at -73.70 CFA Franc Billion  
Burkina Faso recorded a Current Account deficit of 73.70 CFA Franc Billion in 2011. Current Account in Burkina Faso is reported by the INSD, Burkina Faso.
Burkina Faso Government Budget at -0.50 Percent of GDP  
Burkina Faso recorded a Government Budget deficit equal to 0.50 percent of the country's Gross Domestic Product in 2012. Government Budget in Burkina Faso is reported by the Central Bank of West African States (BCEAO).
Burkina Faso Industrial Production at -4.30 percent  
Industrial Production in Burkina Faso decreased 4.30 percent in the fourth quarter of 2012 over the same quarter in the previous year. Industrial Production in Burkina Faso is reported by the INSD, Burkina Faso.
Burkina Faso GDP per capita at 494.99 USD  
The Gross Domestic Product per capita in Burkina Faso was last recorded at 494.99 US dollars in 2012. The GDP per Capita in Burkina Faso is equivalent to 4 percent of the worlds average. GDP per capita in Burkina Faso is reported by the World Bank.
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