Burkina Faso recorded a Current Account deficit of 5.40 percent of the country's Gross Domestic Product in 2024. Current Account to GDP in Burkina Faso averaged -6.55 percent of GDP from 1974 until 2024, reaching an all time high of 0.40 percent of GDP in 2021 and a record low of -13.60 percent of GDP in 2017. source: African Development Bank Group

Current Account to GDP in Burkina Faso is expected to reach -5.30 percent of GDP by the end of 2025, according to Trading Economics global macro models and analysts expectations. In the long-term, the Burkina Faso Current Account to GDP is projected to trend around -4.50 percent of GDP in 2026 and -3.10 percent of GDP in 2027, according to our econometric models.



Related Last Previous Unit Reference
Balance of Trade -108.90 -196.00 XOF Billion Dec 2024
Current Account -50.70 -108.50 XOF Billion Dec 2024
Current Account to GDP -5.40 -7.90 percent of GDP Dec 2024
Exports 951.50 814.40 XOF Billion Dec 2024
Exports by Category
Exports by Country
External Debt 4992.00 4660.00 EUR Million Dec 2023
Imports 1060.40 1010.40 XOF Billion Dec 2024
Imports by Category
Imports by Country
Terms of Trade 139.90 125.20 points Dec 2024
Terrorism Index 8.58 8.57 Points Dec 2024
Tourist Arrivals 120803.00 155904.00 Dec 2023



Burkina Faso Current Account to GDP
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.
Actual Previous Highest Lowest Dates Unit Frequency
-5.40 -7.90 0.40 -13.60 1974 - 2024 percent of GDP Yearly