Burkina Faso | Economic Forecasts | 2017-2020 Outlook

This page has economic forecasts for Burkina Faso including a long-term outlook for the next decades, plus medium-term expectations for the next four quarters and short-term market predictions for the next release affecting the Burkina Faso economy.


MARKETS Actual Q2/17 Q3/17 Q4/17 Q1/18 2020
Currency 603.42 619 626 644 638 736 [+]
GDP Actual Q2/17 Q3/17 Q4/17 Q1/18 2020
GDP Annual Growth Rate 5.50 4.14 4.16 4.71 4.4 5.15 percent [+]
GDP 10.68 11.25 10.84 10.43 10.37 9.39 USD Billion [+]
Gross Fixed Capital Formation 1860.40 1857 1886 1916 1914 1963 XOF Billion [+]
GDP per capita 644.61 655 657 658 661 704 USD [+]
GDP per capita PPP 1592.92 1604 1602 1600 1602 1627 USD [+]
GDP Constant Prices 4382.60 4482 4511 4539 4577 5159 XOF Billion [+]
GDP From Agriculture 980.10 1048 1058 1068 1063 1149 XOF Billion [+]
GDP From Manufacturing 664.70 691 688 685 689 758 XOF Billion [+]
GDP From Mining 219.20 219 228 237 240 292 XOF Billion [+]
GDP From Public Administration 845.50 857 870 883 891 998 XOF Billion [+]
GDP From Services 689.60 677 624 572 550 553 XOF Billion [+]
LABOUR Actual Q2/17 Q3/17 Q4/17 Q1/18 2020
Unemployment Rate 6.60 6.95 7.15 7.35 7.45 7.57 percent [+]
Population 19.03 19.28 19.6 19.92 20.18 22.96 Million [+]
PRICES Actual Q2/17 Q3/17 Q4/17 Q1/18 2020
Inflation Rate 0.20 1.1 1.2 2 2.1 2.6 percent [+]
Food Inflation 1.70 0.41 0.78 0.82 0.65 0.75 percent [+]
Consumer Price Index Cpi 106.60 107 107 107 107 107 Index Points [+]
MONEY Actual Q2/17 Q3/17 Q4/17 Q1/18 2020
Interest Rate 4.50 4.5 4.5 4.5 4.5 4.5 percent [+]
Deposit Interest Rate 5.01 5.59 5.87 6.15 6.01 4.78 percent [+]
Interbank Rate 3.96 4.85 4.87 4.87 4.87 4.87 percent [+]
TRADE Actual Q2/17 Q3/17 Q4/17 Q1/18 2020
Balance of Trade -86.40 -46.29 -46.16 -46.1 -46.09 -46.07 CFA Franc Billion [+]
Exports 113.40 106 106 106 106 106 CFA Franc Billion [+]
Imports 199.80 172 172 172 172 172 CFA Franc Billion [+]
Current Account -448.30 -393 -390 -387 -380 -338 CFA Franc Billion [+]
Current Account to GDP -4.50 -5.72 -5.91 -6.1 -5 -4.02 percent [+]
Terms Of Trade 149.40 143 128 140 146 139 index points [+]
Terrorism Index 2.62 1.07 1.03 0.99 1.63 1.75 [+]
GOVERNMENT Actual Q2/17 Q3/17 Q4/17 Q1/18 2020
Government Debt to GDP 28.30 26.84 26.86 26.88 27.3 25.13 percent [+]
Government Budget -2.30 -1.03 -1.05 -1.07 -1.24 -2.03 percent of GDP [+]
Military Expenditure 204.20 190 202 215 218 263 USD Million [+]
Government Spending 2722.80 1620 1972 2323 2442 2432 XOF Billion [+]
BUSINESS Actual Q2/17 Q3/17 Q4/17 Q1/18 2020
Industrial Production 26.90 5.28 -2.98 -4.24 8.05 4.91 percent [+]
Leading Economic Index 2.40 2.33 2.35 2.38 2.36 2.36 [+]
Mining Production 121.70 136 131 134 132 133 percent [+]
Ease of Doing Business 146.00 147 148 149 149 143 [+]
Capacity Utilization 52.80 58.91 54.44 55.07 57.1 56.15 percent [+]
Changes In Inventories 0.50 8.17 12.33 16.5 18.04 13.85 XOF Billion [+]
Competitiveness Index 3.20 3.24 3.24 3.24 3.24 3.27 Points [+]
Competitiveness Rank 135.00 139 142 146 144 150 [+]
Corruption Index 42.00 41 44 46 45 46 Points [+]
Corruption Rank 72.00 75 75 76 76 72 [+]
CONSUMER Actual Q2/17 Q3/17 Q4/17 Q1/18 2020
Retail Sales Yoy 22.00 22.4 21.29 19.01 18.38 19.34 percent [+]
Consumer Spending 987.80 1300 648 -3.75 -9.04 -25.37 XOF Billion [+]
TAXES Actual Q2/17 Q3/17 Q4/17 Q1/18 2020
Sales Tax Rate 18.00 18 18 18 18 18 percent [+]