Account ownership at a financial institution or with a in Burkina Faso
Burkina Faso: Account ownership at a financial institution or with a was 59.8% 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
In 2024, account ownership at a financial institution or with a in Burkina Faso stood at 59.8%. That is the highest value across all 5 years on record.
Compared with earlier readings it is up 41.2% on the previous year and up 271.8% over ten years.
Over the whole period, account ownership at a financial institution or with a in Burkina Faso peaked at 59.8% in 2024 and was at its lowest, 15.7%, in 2011.
That places Burkina Faso 84th out of 106 countries with data for 2024, putting it 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 | 15.7% | — |
| 2014 | 16.1% | +2.5% |
| 2017 | 51.3% | +218.9% |
| 2021 | 42.4% | -17.4% |
| 2024 | 59.8% | +41.2% |
Burkina Faso compared with similar countries
- Burkina Faso's 59.8% is below the median for Sub-Saharan Africa, which is 69.4%, 86% of the median. (19 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2010s | 27.7% | 15.7% | 51.3% | 3 |
| 2020s | 51.1% | 42.4% | 59.8% | 2 |
Countries ranked near Burkina Faso
- 81 Congo 60.6% compare
- 82 Bolivia, Plurinational State of 60.3% compare
- 83 Nepal 60.2% compare
- 85 Mexico 59.1% compare
- 86 Uzbekistan 58.5% compare
- 87 Republic of Moldova 56.7% compare
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 59.8% 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 59.8% in 2024.
- What is the lowest account ownership at a financial institution or with a recorded in Burkina Faso?
- The lowest recorded value was 15.7% in 2011.
- How does Burkina Faso rank for account ownership at a financial institution or with a?
- Burkina Faso ranks 84th 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 271.8%. 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, male (% of population ages 15+). 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 (male, % age 15+).