Bank deposits to GDP in Burkina Faso
Burkina Faso: Bank deposits to GDP was 40.6% in 2021. ◆ Volatile
Bank deposits to GDP in Burkina Faso, 1960–2021
Source: International Financial Statistics (IFS), International Monetary Fund (IMF). Measured in %.
Analysis
In 2021, bank deposits to gdp in Burkina Faso stood at 40.6%. That is the highest value across all 62 years on record.
The figure is up 7.2% on the previous year and up 88.9% over ten years.
Over the whole period, bank deposits to gdp in Burkina Faso peaked at 40.6% in 2021 and was at its lowest, 0.8%, in 1966.
Burkina Faso ranks 120th of 185 countries on this measure, in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Bank deposits to GDP in Burkina Faso, year by year
| Year | % | Change |
|---|---|---|
| 1960 | 1.6% | — |
| 1961 | 2.2% | +37.1% |
| 1962 | 1.6% | -26.8% |
| 1963 | 1.1% | -32.4% |
| 1964 | 0.9% | -13.2% |
| 1965 | 0.9% | -6.2% |
| 1966 | 0.8% | -11.8% |
| 1967 | 0.9% | +15.6% |
| 1968 | 1.3% | +42.0% |
| 1969 | 1.2% | -5.0% |
| 1970 | 1.2% | +2.8% |
| 1971 | 1.4% | +16.0% |
| 1972 | 2.1% | +48.3% |
| 1973 | 3.3% | +54.6% |
| 1974 | 3.5% | +5.2% |
| 1975 | 4.4% | +26.5% |
| 1976 | 6.8% | +54.7% |
| 1977 | 5.8% | -13.7% |
| 1978 | 7.1% | +22.0% |
| 1979 | 6.1% | -14.4% |
| 1980 | 7.8% | +28.2% |
| 1981 | 7.8% | -0.8% |
| 1982 | 7.5% | -3.9% |
| 1983 | 7.7% | +3.4% |
| 1984 | 9.4% | +21.3% |
| 1985 | 8.6% | -7.8% |
| 1986 | 9.7% | +12.7% |
| 1987 | 11.3% | +16.2% |
| 1988 | 12.2% | +8.1% |
| 1989 | 11.7% | -4.4% |
| 1990 | 10.9% | -6.7% |
| 1991 | 10.9% | +0.5% |
| 1992 | 11.1% | +1.0% |
| 1993 | 11.0% | -0.7% |
| 1994 | 12.6% | +14.7% |
| 1995 | 12.8% | +2.1% |
| 1996 | 11.4% | -11.2% |
| 1997 | 12.2% | +7.0% |
| 1998 | 11.1% | -9.0% |
| 1999 | 10.4% | -6.7% |
| 2000 | 11.6% | +11.5% |
| 2001 | 11.4% | -0.9% |
| 2002 | 12.4% | +8.4% |
| 2003 | 13.4% | +7.9% |
| 2004 | 13.9% | +3.8% |
| 2005 | 12.4% | -10.9% |
| 2006 | 13.7% | +10.8% |
| 2007 | 15.2% | +10.9% |
| 2008 | 15.1% | -0.7% |
| 2009 | 17.8% | +17.5% |
| 2010 | 20.6% | +15.9% |
| 2011 | 21.5% | +4.5% |
| 2012 | 22.2% | +3.2% |
| 2013 | 24.5% | +10.5% |
| 2014 | 25.7% | +5.0% |
| 2015 | 30.1% | +16.8% |
| 2016 | 30.5% | +1.5% |
| 2017 | 33.2% | +8.8% |
| 2018 | 32.7% | -1.5% |
| 2019 | 33.6% | +2.8% |
| 2020 | 37.9% | +12.8% |
| 2021 | 40.6% | +7.2% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | 1.2% | 0.8% | 2.2% | 10 |
| 1970s | 4.2% | 1.2% | 7.1% | 10 |
| 1980s | 9.4% | 7.5% | 12.2% | 10 |
| 1990s | 11.4% | 10.4% | 12.8% | 10 |
| 2000s | 13.7% | 11.4% | 17.8% | 10 |
| 2010s | 27.5% | 20.6% | 33.6% | 10 |
| 2020s | 39.3% | 37.9% | 40.6% | 2 |
Countries ranked near Burkina Faso
- 117 Indonesia 41.2% compare
- 118 Costa Rica 41.1% compare
- 119 Bangladesh 41.1% compare
- 121 Togo 40.6% compare
- 122 Romania 39.6% compare
- 123 Saudi Arabia 38.7% 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 bank deposits to gdp in Burkina Faso?
- Bank deposits to gdp in Burkina Faso was 40.6% in 2021, according to International Financial Statistics (IFS), International Monetary Fund (IMF).
- What is the highest bank deposits to gdp recorded in Burkina Faso?
- The highest recorded value was 40.6% in 2021.
- What is the lowest bank deposits to gdp recorded in Burkina Faso?
- The lowest recorded value was 0.8% in 1966.
- How does Burkina Faso rank for bank deposits to gdp?
- Burkina Faso ranks 120th out of 185 countries with data for 2021.
- Is bank deposits to gdp rising or falling in Burkina Faso?
- Over the last ten years it is up 88.9%. The long-run trend across the full record is volatile.
- Where does this Burkina Faso data come from?
- The figures come from International Financial Statistics (IFS), International Monetary Fund (IMF), published as part of Bank deposits to GDP (%). Statizoid updates them automatically from the source API.
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About this data
Demand, time and saving deposits in deposit money banks as a share of GDP, calculated using the following deflation method: {(0.5)*[Ft/P_et + Ft-1/P_et-1]}/[GDPt/P_at] where F is demand and time and saving deposits, P_e is end-of period CPI, and P_a is average annual CPI. Raw data are from the electronic version of the IMF’s International Financial Statistics. Bank deposits (IFS lines 24 and 25); GDP in local currency (IFS line 99B..ZF or, if not available, line 99B.CZF); end-of period CPI (IFS line 64M..ZF or, if not available, 64Q..ZF); and average annual CPI is calculated using the monthly CPI values (IFS line 64M..ZF).