Current account balance (credit less debit), Net (credits less debits) in Burkina Faso
Burkina Faso: Current account balance (credit less debit), Net (credits less debits) was -1.02 billion in 2023. ◆ Volatile
Current account balance (credit less debit), Net (credits less debits) in Burkina Faso, 2005–2023
Source: International Monetary Fund.
Analysis
Burkina Faso recorded -1.02 billion for current account balance (credit less debit), net (credits less debits) in 2023.
The figure is up 27.5% on the previous year and up 24.4% over ten years.
Over the whole period, current account balance (credit less debit), net (credits less debits) in Burkina Faso peaked at 743.23 million in 2020 and was at its lowest, -1.40 billion, in 2022.
That places Burkina Faso 130th out of 198 countries with data for 2023, putting it in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Current account balance (credit less debit), Net (credits less debits) in Burkina Faso, year by year
| Year | Value | Change |
|---|---|---|
| 2005 | -634.57 million | — |
| 2006 | -543.94 million | -14.3% |
| 2007 | -560.74 million | +3.1% |
| 2008 | -967.03 million | +72.5% |
| 2009 | -381.57 million | -60.5% |
| 2010 | -181.62 million | -52.4% |
| 2011 | -160.39 million | -11.7% |
| 2012 | -162.29 million | +1.2% |
| 2013 | -1.35 billion | +729.1% |
| 2014 | -998.95 million | -25.8% |
| 2015 | -895.40 million | -10.4% |
| 2016 | -780.22 million | -12.9% |
| 2017 | -896.28 million | +14.9% |
| 2018 | -664.80 million | -25.8% |
| 2019 | -523.84 million | -21.2% |
| 2020 | 743.23 million | -241.9% |
| 2021 | 77.26 million | -89.6% |
| 2022 | -1.40 billion | -1917.3% |
| 2023 | -1.02 billion | -27.5% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | -617.57 million | -967.03 million | -381.57 million | 5 |
| 2010s | -660.93 million | -1.35 billion | -160.39 million | 10 |
| 2020s | -400.17 million | -1.40 billion | 743.23 million | 4 |
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 current account balance (credit less debit), net (credits less debits) in Burkina Faso?
- Current account balance (credit less debit), net (credits less debits) in Burkina Faso was -1.02 billion in 2023, according to International Monetary Fund.
- What is the highest current account balance (credit less debit), net (credits less debits) recorded in Burkina Faso?
- The highest recorded value was 743.23 million in 2020.
- What is the lowest current account balance (credit less debit), net (credits less debits) recorded in Burkina Faso?
- The lowest recorded value was -1.40 billion in 2022.
- How does Burkina Faso rank for current account balance (credit less debit), net (credits less debits)?
- Burkina Faso ranks 130th out of 198 countries with data for 2023.
- Is current account balance (credit less debit), net (credits less debits) rising or falling in Burkina Faso?
- Over the last ten years it is up 24.4%. The long-run trend across the full record is volatile.
- Where does this Burkina Faso data come from?
- The figures come from International Monetary Fund, published as part of Current account balance (credit less debit), Net (credits less debits) (US dollar). Statizoid updates them automatically from the source API.
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About this data
The World and Country Group Aggregates (historically called BOPSY) is an annual publication, released each November, of major balance of payments and international investment position components for countries, country groups, and the world.