Account ownership at a financial institution or with a in Burkina Faso
Burkina Faso: Account ownership at a financial institution or with a was 47.3% in 2024. ◆ Volatile
Account ownership at a financial institution or with a in Burkina Faso, 2011–2024
Source: Global Findex Database, World Bank (WB). Measured in % of population ages 15-24.
Analysis
The most recent figure for account ownership at a financial institution or with a in Burkina Faso is 47.3%, measured in 2024. That is the highest value across all 5 years on record.
Compared with earlier readings it is up 34.2% on the previous year and up 468.0% over ten years.
Over the whole period, account ownership at a financial institution or with a in Burkina Faso peaked at 47.3% in 2024 and was at its lowest, 5.7%, in 2011.
Burkina Faso ranks 82nd of 106 countries on this measure, in the bottom quarter.
Account ownership at a financial institution or with a in Burkina Faso, year by year
| Year | % of population ages 15-24 | Change |
|---|---|---|
| 2011 | 5.7% | — |
| 2014 | 8.3% | +45.3% |
| 2017 | 38.7% | +365.3% |
| 2021 | 35.2% | -9.0% |
| 2024 | 47.3% | +34.2% |
Burkina Faso compared with similar countries
- Burkina Faso's 47.3% is below the median for Sub-Saharan Africa, which is 53.2%, 89% of the median. (19 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2010s | 17.6% | 5.7% | 38.7% | 3 |
| 2020s | 41.2% | 35.2% | 47.3% | 2 |
Countries ranked near Burkina Faso
More financial sector data for Burkina Faso
- Reserve position in the IMF, US dollar, annual growth rate 5.01 % change on previous year (2025)
- Reserve position in the IMF, US dollar, per unit of GDP 0.0012 units per US$ of GDP (2025)
- Reserve position in the IMF, US dollar, per capita 1.34 units per person (2025)
- Reserve position in the IMF, SDR, annual growth rate 0 % change on previous year (2025)
- Reserve position in the IMF, SDR, per unit of GDP 0.0009 units per US$ of GDP (2025)
- Reserve position in the IMF, SDR, per capita 0.9818 units per person (2025)
- Reserve tranche position, US dollar, annual growth rate 5.01 % change on previous year (2025)
- Reserve tranche position, US dollar, per unit of GDP 0.0012 units per US$ of GDP (2025)
- Reserve tranche position, US dollar, per capita 1.34 units per person (2025)
- Reserve tranche position, SDR, annual growth rate 0 % change on previous year (2025)
Frequently asked questions
- What is account ownership at a financial institution or with a in Burkina Faso?
- Account ownership at a financial institution or with a in Burkina Faso was 47.3% in 2024, according to Global Findex Database, World Bank (WB).
- What is the highest account ownership at a financial institution or with a recorded in Burkina Faso?
- The highest recorded value was 47.3% in 2024.
- What is the lowest account ownership at a financial institution or with a recorded in Burkina Faso?
- The lowest recorded value was 5.7% in 2011.
- How does Burkina Faso rank for account ownership at a financial institution or with a?
- Burkina Faso ranks 82nd out of 106 countries with data for 2024.
- Is account ownership at a financial institution or with a rising or falling in Burkina Faso?
- Over the last ten years it is up 468.0%. The long-run trend across the full record is volatile.
- Where does this Burkina Faso data come from?
- The figures come from Global Findex Database, World Bank (WB), published as part of Account ownership at a financial institution or with a mobile-money-service provider, young adults (% of population ages 15-24). Statizoid updates them automatically from the source API.
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About this data
Account denotes the percentage of respondents who report having an account (by themselves or together with someone else) at a bank or another type of financial institution or report personally using a mobile money service in the past 12 months (young adults, % of population ages 15-24).