Account ownership at a financial institution or with a in Burkina Faso
Burkina Faso: Account ownership at a financial institution or with a was 51.4% in 2024. ▲ Rising
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+.
Analysis
The most recent figure for account ownership at a financial institution or with a in Burkina Faso is 51.4%, measured in 2024. That is the highest value across all 5 years on record.
Compared with earlier readings it is up 42.4% on the previous year and up 258.2% over ten years.
Over the whole period, account ownership at a financial institution or with a in Burkina Faso peaked at 51.4% in 2024 and was at its lowest, 13.4%, in 2011.
Burkina Faso ranks 93rd of 117 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+ | Change |
|---|---|---|
| 2011 | 13.4% | — |
| 2014 | 14.4% | +7.5% |
| 2017 | 43.2% | +200.6% |
| 2021 | 36.1% | -16.3% |
| 2024 | 51.4% | +42.4% |
Burkina Faso compared with similar countries
- Burkina Faso's 51.4% is above the median for low income countries, which is 39.2%, 1.3× the median. (9 countries reporting)
- Burkina Faso's 51.4% is below the median for Sub-Saharan Africa, which is 56.5%, 91% of the median. (26 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2010s | 23.6% | 13.4% | 43.2% | 3 |
| 2020s | 43.8% | 36.1% | 51.4% | 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 51.4% 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 51.4% in 2024.
- What is the lowest account ownership at a financial institution or with a recorded in Burkina Faso?
- The lowest recorded value was 13.4% in 2011.
- How does Burkina Faso rank for account ownership at a financial institution or with a?
- Burkina Faso ranks 93rd out of 117 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 258.2%. The long-run trend across the full record is rising.
- 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 (% of population ages 15+). Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 5 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
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 (% age 15+).