Burkina Faso Government Debt To GDP

Burkina Faso recorded a Government Debt to GDP of 16.20 percent of the countrys Gross Domestic Product in 2011. Government Debt To GDP in Burkina Faso is reported by the Central Bank of West African States. From 2003 until 2011, Burkina Faso Government Debt To GDP averaged 27.5 percent reaching an all time high of 43.4 percent in December of 2004 and a record low of 16.2 percent in December of 2011. Generally, Government debt as a percent of GDP is used by investors to measure a country ability to make future payments on its debt, thus affecting the country borrowing costs and government bond yields. This page provides - Burkina Faso Government Debt To GDP - actual values, historical data, forecast, chart, statistics, economic calendar and news. 2014-04-25

Actual Previous Highest Lowest Forecast Dates Unit Frequency
16.20 24.30 43.40 16.20 15.72 | 2012/12 2003 - 2011 percent Yearly

TO

Burkina Faso Government Debt To GDP
LIST BY COUNTRY

Government Last Previous Highest Lowest Forecast Unit
Government Debt To GDP 16.20 2011-12-31 24.30 43.40 16.20 15.72 2012-12-31 percent [+]
Government Budget -0.50 2012-12-31 -1.40 16.70 -5.70 -0.44 2013-12-31 Percent of GDP [+]
Credit Rating 30.00 [+]
[+]


Government Debt to GDP | Notes
Government debt as a percent of GDP, also known as debt-to-GDP ratio, is the amount of national debt a country has in percentage of its Gross Domestic Product. Basically, Government debt is the money owed by the central government to its creditors. There are two types of government debt: net and gross. Gross debt is the accumulation of outstanding government debt which may be in the form of government bonds, credit default swaps, currency swaps, special drawing rights, loans, insurance and pensions. Net debt is the difference between gross debt and the financial assets that government holds. The higher the debt-to-GDP ratio, the less likely the country will pay its debt back, and more likely the country is to default on its debt obligations.


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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