Goods balance (credit less debit), Net (credits less debits) in Burkina Faso
Burkina Faso: Goods balance (credit less debit), Net (credits less debits) was -93.50 million in 2023. ◆ Volatile
Goods balance (credit less debit), Net (credits less debits) in Burkina Faso, 2005–2023
Source: International Monetary Fund.
Analysis
In 2023, goods balance (credit less debit), net (credits less debits) in Burkina Faso stood at -93.50 million.
The figure is down 1,402.6% on the previous year and up 86.0% over ten years.
Over the whole period, goods balance (credit less debit), net (credits less debits) in Burkina Faso peaked at 1.33 billion in 2020 and was at its lowest, -891.98 million, in 2008.
Burkina Faso ranks 71st of 198 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.
Goods balance (credit less debit), Net (credits less debits) in Burkina Faso, year by year
| Year | Value | Change |
|---|---|---|
| 2005 | -553.81 million | — |
| 2006 | -483.10 million | -12.8% |
| 2007 | -600.47 million | +24.3% |
| 2008 | -891.98 million | +48.5% |
| 2009 | -482.79 million | -45.9% |
| 2010 | -132.55 million | -72.5% |
| 2011 | 30.08 million | -122.7% |
| 2012 | 212.48 million | +606.5% |
| 2013 | -665.79 million | -413.3% |
| 2014 | -260.53 million | -60.9% |
| 2015 | -241.41 million | -7.3% |
| 2016 | -637,861 | -99.7% |
| 2017 | -5.35 million | +738.3% |
| 2018 | 290.08 million | -5524.6% |
| 2019 | 365.79 million | +26.1% |
| 2020 | 1.33 billion | +263.6% |
| 2021 | 1.26 billion | -5.3% |
| 2022 | -6.22 million | -100.5% |
| 2023 | -93.50 million | +1402.6% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | -602.43 million | -891.98 million | -482.79 million | 5 |
| 2010s | -40.79 million | -665.79 million | 365.79 million | 10 |
| 2020s | 622.32 million | -93.50 million | 1.33 billion | 4 |
Countries ranked near Burkina Faso
- 68 Micronesia, Federated States of -66.36 million compare
- 69 Naoero -67.12 million compare
- 70 Mali -74.65 million compare
- 72 Solomon Islands -98.47 million compare
- 73 Sao Tome and Principe -124.13 million compare
- 74 Palau -162.42 million 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 goods balance (credit less debit), net (credits less debits) in Burkina Faso?
- Goods balance (credit less debit), net (credits less debits) in Burkina Faso was -93.50 million in 2023, according to International Monetary Fund.
- What is the highest goods balance (credit less debit), net (credits less debits) recorded in Burkina Faso?
- The highest recorded value was 1.33 billion in 2020.
- What is the lowest goods balance (credit less debit), net (credits less debits) recorded in Burkina Faso?
- The lowest recorded value was -891.98 million in 2008.
- How does Burkina Faso rank for goods balance (credit less debit), net (credits less debits)?
- Burkina Faso ranks 71st out of 198 countries with data for 2023.
- Is goods balance (credit less debit), net (credits less debits) rising or falling in Burkina Faso?
- Over the last ten years it is up 86.0%. 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 Goods 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.