Domestic credit to private sector in Burkina Faso
Burkina Faso: Domestic credit to private sector was 28.3% in 2020. ◆ Volatile
Domestic credit to private sector in Burkina Faso, 1962–2020
Source: World Development Indicators (WDI), World Bank. Measured in % of GDP.
Analysis
The most recent figure for domestic credit to private sector in Burkina Faso is 28.3%, measured in 2020. That is the highest value across all 59 years on record.
That represents a change of up 0.9% on the previous year and up 81.3% over ten years.
Over the whole period, domestic credit to private sector in Burkina Faso peaked at 28.3% in 2020 and was at its lowest, 2.5%, in 1962.
That places Burkina Faso 125th out of 187 countries with data for 2020, putting it in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Domestic credit to private sector in Burkina Faso, year by year
| Year | % of GDP | Change |
|---|---|---|
| 1962 | 2.5% | — |
| 1963 | 3.4% | +39.2% |
| 1964 | 4.0% | +16.3% |
| 1965 | 3.9% | -1.3% |
| 1966 | 3.4% | -13.7% |
| 1967 | 3.4% | -0.7% |
| 1968 | 3.6% | +5.5% |
| 1969 | 4.6% | +28.5% |
| 1970 | 4.4% | -2.9% |
| 1971 | 4.6% | +3.4% |
| 1972 | 5.0% | +9.1% |
| 1973 | 6.1% | +21.4% |
| 1974 | 8.5% | +39.7% |
| 1975 | 10.8% | +26.4% |
| 1976 | 13.9% | +29.1% |
| 1977 | 16.6% | +19.4% |
| 1978 | 16.8% | +1.3% |
| 1979 | 15.5% | -7.7% |
| 1980 | 14.8% | -4.7% |
| 1981 | 13.8% | -6.5% |
| 1982 | 13.2% | -4.8% |
| 1983 | 12.8% | -2.8% |
| 1984 | 11.9% | -6.6% |
| 1985 | 13.3% | +11.7% |
| 1986 | 13.9% | +4.2% |
| 1987 | 14.5% | +4.1% |
| 1988 | 14.9% | +3.0% |
| 1989 | 16.5% | +10.4% |
| 1990 | 16.9% | +2.8% |
| 1991 | 12.5% | -26.3% |
| 1992 | 10.9% | -12.3% |
| 1993 | 9.8% | -10.5% |
| 1994 | 7.0% | -28.1% |
| 1995 | 6.8% | -3.4% |
| 1996 | 6.9% | +1.9% |
| 1997 | 11.6% | +67.1% |
| 1998 | 11.0% | -4.6% |
| 1999 | 9.0% | -18.4% |
| 2000 | 10.3% | +14.9% |
| 2001 | 9.7% | -6.1% |
| 2002 | 8.9% | -8.8% |
| 2003 | 11.4% | +28.2% |
| 2004 | 13.0% | +14.1% |
| 2005 | 13.3% | +2.6% |
| 2006 | 14.7% | +10.4% |
| 2007 | 12.8% | -12.9% |
| 2008 | 15.1% | +18.0% |
| 2009 | 16.1% | +6.6% |
| 2010 | 15.6% | -2.8% |
| 2011 | 15.4% | -1.7% |
| 2012 | 16.6% | +8.3% |
| 2013 | 20.8% | +25.1% |
| 2014 | 23.4% | +12.4% |
| 2015 | 25.0% | +7.0% |
| 2016 | 25.8% | +3.1% |
| 2017 | 27.4% | +6.2% |
| 2018 | 27.1% | -1.0% |
| 2019 | 28.1% | +3.5% |
| 2020 | 28.3% | +0.9% |
Burkina Faso compared with similar countries
- Burkina Faso's 28.3% is above the median for low income countries, which is 15.1%, 1.9× the median. (24 countries reporting)
- Burkina Faso's 28.3% is above the median for Sub-Saharan Africa, which is 16.1%, 1.8× the median. (48 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | 3.6% | 2.5% | 4.6% | 8 |
| 1970s | 10.2% | 4.4% | 16.8% | 10 |
| 1980s | 14.0% | 11.9% | 16.5% | 10 |
| 1990s | 10.2% | 6.8% | 16.9% | 10 |
| 2000s | 12.5% | 8.9% | 16.1% | 10 |
| 2010s | 22.5% | 15.4% | 28.1% | 10 |
| 2020s | 28.3% | 28.3% | 28.3% | 1 |
Countries ranked near Burkina Faso
- 122 Venezuela, Bolivarian Republic of 29.9% compare
- 123 Algeria 29.7% compare
- 124 Senegal 29.4% compare
- 126 Kyrgyzstan 28.3% compare
- 127 Ukraine 28.2% compare
- 128 Republic of Moldova 27.9% 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 domestic credit to private sector in Burkina Faso?
- Domestic credit to private sector in Burkina Faso was 28.3% in 2020, according to World Development Indicators (WDI), World Bank.
- What is the highest domestic credit to private sector recorded in Burkina Faso?
- The highest recorded value was 28.3% in 2020.
- What is the lowest domestic credit to private sector recorded in Burkina Faso?
- The lowest recorded value was 2.5% in 1962.
- How does Burkina Faso rank for domestic credit to private sector?
- Burkina Faso ranks 125th out of 187 countries with data for 2020.
- Is domestic credit to private sector rising or falling in Burkina Faso?
- Over the last ten years it is up 81.3%. The long-run trend across the full record is volatile.
- Where does this Burkina Faso data come from?
- The figures come from World Development Indicators (WDI), World Bank, published as part of Domestic credit to private sector (% of GDP). Statizoid updates them automatically from the source API.
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CSV · JSON — 59 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
About this data
Domestic credit to private sector refers to financial resources provided to the private sector, such as through loans, purchases of nonequity securities, and trade credits and other accounts receivable, that establish a claim for repayment. For some countries these claims include credit to public enterprises.