Number of Depositors, Commercial Banks, of Which: Household Sector in Burkina Faso
Burkina Faso: Number of Depositors, Commercial Banks, of Which: Household Sector was 2.94 million in 2023. ◆ Volatile
Number of Depositors, Commercial Banks, of Which: Household Sector in Burkina Faso, 2004–2023
Source: International Monetary Fund.
Analysis
In 2023, number of depositors, commercial banks, of which: household sector in Burkina Faso stood at 2.94 million. That is the highest value across all 20 years on record.
The figure is up 11.8% on the previous year and up 215.6% over ten years.
Over the whole period, number of depositors, commercial banks, of which: household sector in Burkina Faso peaked at 2.94 million in 2023 and was at its lowest, 315,794, in 2004.
Burkina Faso ranks 36th of 72 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.
Number of Depositors, Commercial Banks, of Which: Household Sector in Burkina Faso, year by year
| Year | Value | Change |
|---|---|---|
| 2004 | 315,794 | — |
| 2005 | 558,451 | +76.8% |
| 2006 | 373,604 | -33.1% |
| 2007 | 413,118 | +10.6% |
| 2008 | 476,775 | +15.4% |
| 2009 | 509,482 | +6.9% |
| 2010 | 589,005 | +15.6% |
| 2011 | 678,966 | +15.3% |
| 2012 | 857,333 | +26.3% |
| 2013 | 930,183 | +8.5% |
| 2014 | 1.10 million | +17.7% |
| 2015 | 1.23 million | +12.6% |
| 2016 | 1.51 million | +22.2% |
| 2017 | 1.66 million | +10.4% |
| 2018 | 1.83 million | +9.9% |
| 2019 | 1.83 million | +0.0% |
| 2020 | 2.10 million | +14.7% |
| 2021 | 2.38 million | +13.5% |
| 2022 | 2.63 million | +10.4% |
| 2023 | 2.94 million | +11.8% |
Burkina Faso compared with similar countries
- Burkina Faso's 2.94 million is above the median for low income countries, which is 830,100, 3.5× the median. (11 countries reporting)
- Burkina Faso's 2.94 million is above the median for Sub-Saharan Africa, which is 970,883, 3.0× the median. (28 countries reporting)
Biggest year-on-year movements
Years where Number of Depositors, Commercial Banks, of Which: Household Sector in Burkina Faso changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 2005 | +76.8% | 315,794 | 558,451 |
| 2006 | -33.1% | 558,451 | 373,604 |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 441,204 | 315,794 | 558,451 | 6 |
| 2010s | 1.22 million | 589,005 | 1.83 million | 10 |
| 2020s | 2.51 million | 2.10 million | 2.94 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 number of depositors, commercial banks, of which: household sector in Burkina Faso?
- Number of depositors, commercial banks, of which: household sector in Burkina Faso was 2.94 million in 2023, according to International Monetary Fund.
- What is the highest number of depositors, commercial banks, of which: household sector recorded in Burkina Faso?
- The highest recorded value was 2.94 million in 2023.
- What is the lowest number of depositors, commercial banks, of which: household sector recorded in Burkina Faso?
- The lowest recorded value was 315,794 in 2004.
- How does Burkina Faso rank for number of depositors, commercial banks, of which: household sector?
- Burkina Faso ranks 36th out of 72 countries with data for 2023.
- Is number of depositors, commercial banks, of which: household sector rising or falling in Burkina Faso?
- Over the last ten years it is up 215.6%. 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 Number of Depositors, Commercial Banks, of Which: Household Sector Depositors. Statizoid updates them automatically from the source API.
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About this data
Gender-disaggregated data on access to and use of financial services.