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Burkina Faso · Economy

Burkina Faso economy: GDP, investment, trade and remittances

How large the Burkina Faso economy is and how fast it is growing, who invests in it, what it sells and buys, how much its citizens abroad send home, who it owes and what it holds in reserve. The latest published year is shown with each figure.

GDP
US$27.6 billion
current US$, 2025
Real GDP growth
5.3%
2025
GDP per person
US$1,148
current US$, 2025
Exports of goods
US$5.6 billion
2024
Remittances received
US$595 million
2024, 2.6% of GDP
Foreign direct investment, net inflows
US$312 million
2025, 1.1% of GDP

Burkina Faso economy snapshot: GDP, growth and income per person

Burkina Faso's GDP was US$27.6 billion in 2025, after real growth of 5.3%.

GDP

Current US dollars.

010bn20bn30bn201520172019202120232025GDP 2015: US$11.8 billionGDP 2016: US$12.8 billionGDP 2017: US$14.1 billionGDP 2018: US$15.9 billionGDP 2019: US$16.0 billionGDP 2020: US$17.7 billionGDP 2021: US$19.7 billionGDP 2022: US$18.6 billionGDP 2023: US$20.1 billionGDP 2024: US$23.1 billionGDP 2025: US$27.6 billion

Real GDP growth

Annual change, per cent. Red bars are contractions.

0%2%4%6%8%201520172019202120232025Real GDP growth 2015: 3.9%Real GDP growth 2016: 6.0%Real GDP growth 2017: 6.2%Real GDP growth 2018: 6.6%Real GDP growth 2019: 5.9%Real GDP growth 2020: 2.0%Real GDP growth 2021: 6.9%Real GDP growth 2022: 1.6%Real GDP growth 2023: 3.0%Real GDP growth 2024: 4.8%Real GDP growth 2025: 5.3%

GDP per person

Current US dollars.

05001k2k201520172019202120232025GDP per person 2015: US$630GDP per person 2016: US$664GDP per person 2017: US$709GDP per person 2018: US$777GDP per person 2019: US$765GDP per person 2020: US$825GDP per person 2021: US$896GDP per person 2022: US$827GDP per person 2023: US$873GDP per person 2024: US$982GDP per person 2025: US$1,148

Source: World Bank, 2025. Method

Who invests in Burkina Faso and in what

Direct investment by investing country

Canada was the largest investing country in Burkina Faso, at 42% of inward direct investment positions in 2024.

Inward direct investment positions in Burkina Faso at the end of 2024: the stock of foreign direct investment, not a year's new flow. The 10 largest investing countries.

CanadaUS$1.1 billion41.6%
AustraliaUS$367 million13.3%
BermudaUS$335 million12.2%
FranceUS$265 million9.6%
IndiaUS$196 million7.1%
Cayman IslandsUS$112 million4.1%
SenegalUS$75 million2.7%
United KingdomUS$71 million2.6%
Côte d'IvoireUS$59 million2.2%
MoroccoUS$52 million1.9%

Source: IMF, 2024. Method

What Burkina Faso sells and buys

Pearls, precious stones and metals was 82% of exports in 2024.

Burkina Faso sold the most to Switzerland, 56% of exports in 2024.

Exports by product, 2024

Tile area follows value. Each tile is a customs chapter of the Harmonized System; hover for the full name.

Natural, cultured pearls: US$4.6 billion, 82.4%Pearls, precious stones and metals82%Cotton: US$335 million, 5.9%Cotton6%Fruit and nuts, edible: US$149 million, 2.6%Edible fruit…3%Oil seeds and oleaginous fruits: US$105 million, 1.9%Salt: US$71 million, 1.3%Mineral fuels, mineral oils and products of their distillation: US$55 million, 1.0%Machinery and mechanical appliances, boilers, nuclear reactors: US$41 million, 0.7%Animal, vegetable or microbial fats and oils and their cleavage products: US$37 million, 0.7%Vegetables and certain roots and tubers: US$27 million, 0.5%Vehicles: US$24 million, 0.4%Animals: US$19 million, 0.3%Tobacco and manufactured tobacco substitutes: US$17 million, 0.3%All other chapters: US$111 million, 2.0%

Source: UN Comtrade, 2024. Method

Top buyers, 2024

Share of Burkina Faso's exports.

SwitzerlandUS$3.2 billion56.2%
United Arab EmiratesUS$1.5 billion26.2%
Côte d'IvoireUS$164 million2.9%
MaliUS$130 million2.3%
GhanaUS$84 million1.5%
TogoUS$60 million1.1%
South AfricaUS$55 million1.0%
IndiaUS$54 million1.0%
GreeceUS$54 million1.0%
SingaporeUS$46 million0.8%

Top suppliers, 2024

Share of Burkina Faso's imports.

ChinaUS$1.0 billion15.8%
Côte d'IvoireUS$982 million15.3%
RussiaUS$751 million11.7%
GhanaUS$573 million8.9%
FranceUS$304 million4.7%
IndiaUS$294 million4.6%
BelgiumUS$246 million3.8%
United StatesUS$181 million2.8%
SenegalUS$154 million2.4%
JapanUS$112 million1.7%

Source: UN Comtrade, 2024. Method

What Burkina Faso buys, 2024

The 8 largest product chapters in imports.

Mineral fuels and oilsUS$2.6 billion41.1%
Machinery and mechanical appliancesUS$484 million7.5%
Electrical machinery and equipmentUS$408 million6.3%
VehiclesUS$355 million5.5%
Pharmaceutical productsUS$270 million4.2%
CerealsUS$243 million3.8%
Iron or steel articlesUS$205 million3.2%
Salt, sulphur, earth and stoneUS$205 million3.2%

Source: UN Comtrade, 2024. Method

Trade balance of goods

Exports minus imports. Red bars are years when imports were larger. A year is left out when either side is not published.

-1.5bn-1.0bn-500m0500m20152017201920212023Trade balance 2015: -US$852 million (exports US$2.2 billion, imports US$3.1 billion)Trade balance 2016: -US$823 million (exports US$2.5 billion, imports US$3.3 billion)Trade balance 2017: -US$1.0 billion (exports US$2.9 billion, imports US$3.9 billion)Trade balance 2018: -US$1.1 billion (exports US$3.3 billion, imports US$4.4 billion)Trade balance 2019: -US$998 million (exports US$3.3 billion, imports US$4.3 billion)Trade balance 2020: US$196 million (exports US$4.4 billion, imports US$4.2 billion)Trade balance 2021: US$350 million (exports US$5.1 billion, imports US$4.7 billion)Trade balance 2022: -US$1.1 billion (exports US$4.6 billion, imports US$5.6 billion)Trade balance 2023: -US$1.4 billion (exports US$4.5 billion, imports US$5.9 billion)Trade balance 2024: -US$786 million (exports US$5.6 billion, imports US$6.4 billion)

Source: UN Comtrade, 2024. Method

Remittances against foreign direct investment in Burkina Faso

Foreign direct investment net inflows were negative in 2020, 2021 and 2024: more investment left Burkina Faso than came in.

Remittances receivedForeign direct investment, net inflows
-250m0250m500m750m201520172019202120232025Remittances 2015: US$385 millionRemittances 2016: US$397 millionRemittances 2017: US$417 millionRemittances 2018: US$456 millionRemittances 2019: US$467 millionRemittances 2020: US$525 millionRemittances 2021: US$571 millionRemittances 2022: US$524 millionRemittances 2023: US$584 millionRemittances 2024: US$595 millionForeign direct investment 2015: US$232 millionForeign direct investment 2016: US$391 millionForeign direct investment 2017: US$2.6 millionForeign direct investment 2018: US$268 millionForeign direct investment 2019: US$163 millionForeign direct investment 2020: -US$99 millionForeign direct investment 2021: -US$80 millionForeign direct investment 2022: US$670 millionForeign direct investment 2023: US$109 millionForeign direct investment 2024: -US$202 millionForeign direct investment 2025: US$312 million

Source: World Bank, 2026. Method

Remittances and investment as a share of GDP

The same two flows measured against the size of the economy.

Remittances, share of GDPForeign direct investment, share of GDP
-2%0%2%4%201520172019202120232025Remittances 2015: 3.3%Remittances 2016: 3.1%Remittances 2017: 3.0%Remittances 2018: 2.9%Remittances 2019: 2.9%Remittances 2020: 3.0%Remittances 2021: 2.9%Remittances 2022: 2.8%Remittances 2023: 2.9%Remittances 2024: 2.6%Foreign direct investment 2015: 2.0%Foreign direct investment 2016: 3.0%Foreign direct investment 2017: 0.0%Foreign direct investment 2018: 1.7%Foreign direct investment 2019: 1.0%Foreign direct investment 2020: -0.6%Foreign direct investment 2021: -0.4%Foreign direct investment 2022: 3.6%Foreign direct investment 2023: 0.5%Foreign direct investment 2024: -0.9%Foreign direct investment 2025: 1.1%

Source: World Bank, 2026. Method

Who Burkina Faso owes

External debt stock by type of creditor. Creditor types cover public and publicly guaranteed debt; the grey part is the rest of the total external debt stock. A creditor type with no published figure is not shown.

Multilateral creditors held 42% of Burkina Faso's external debt stock in 2024.

Public external debt owed to China was US$99 million in 2024, 1% of the external debt stock.

MultilateralBilateralCommercial banksRest of the totalPublic debt owed to China
05.0bn10bn15bn20152017201920212023Multilateral 2015: US$2.0 billionBilateral 2015: US$322 millionCommercial banks 2015: US$19 millionRest of the total 2015: US$10.2 billionMultilateral 2016: US$2.2 billionBilateral 2016: US$356 millionCommercial banks 2016: US$17 millionRest of the total 2016: US$7.7 billionMultilateral 2017: US$2.5 billionBilateral 2017: US$351 millionCommercial banks 2017: US$16 millionRest of the total 2017: US$9.9 billionMultilateral 2018: US$2.7 billionBilateral 2018: US$358 millionCommercial banks 2018: US$14 millionRest of the total 2018: US$7.6 billionMultilateral 2019: US$3.0 billionBilateral 2019: US$351 millionCommercial banks 2019: US$12 millionRest of the total 2019: US$5.8 billionMultilateral 2020: US$3.6 billionBilateral 2020: US$463 millionCommercial banks 2020: US$10 millionRest of the total 2020: US$5.7 billionMultilateral 2021: US$3.9 billionBilateral 2021: US$481 millionCommercial banks 2021: US$11 millionRest of the total 2021: US$6.0 billionMultilateral 2022: US$3.9 billionBilateral 2022: US$485 millionCommercial banks 2022: US$9.0 millionRest of the total 2022: US$5.5 billionMultilateral 2023: US$4.3 billionBilateral 2023: US$460 millionCommercial banks 2023: US$40 millionRest of the total 2023: US$5.6 billionMultilateral 2024: US$4.6 billionBilateral 2024: US$426 millionCommercial banks 2024: US$98 millionRest of the total 2024: US$5.7 billionPublic debt owed to China 2015: US$77 millionPublic debt owed to China 2016: US$70 millionPublic debt owed to China 2017: US$67 millionPublic debt owed to China 2018: US$62 millionPublic debt owed to China 2019: US$57 millionPublic debt owed to China 2020: US$89 millionPublic debt owed to China 2021: US$122 millionPublic debt owed to China 2022: US$120 millionPublic debt owed to China 2023: US$107 millionPublic debt owed to China 2024: US$99 million

Source: World Bank, 2026. Method

Reserves and months of import cover

Total reserves including gold, and how many months of imports they cover.

No reserves figures for Burkina Faso are not published by the World Bank, so none are shown.

Source: World Bank, 2026. Method

Aid received by Burkina Faso

Net official development assistance and official aid received.

0500m1.0bn1.5bn2.0bn20152017201920212023Aid received 2015: US$998 millionAid received 2016: US$1.0 billionAid received 2017: US$892 millionAid received 2018: US$1.2 billionAid received 2019: US$1.1 billionAid received 2020: US$1.7 billionAid received 2021: US$1.6 billionAid received 2022: US$1.4 billionAid received 2023: US$1.4 billion

Source: World Bank, 2026. Method