Private credit by deposit money banks to GDP in Burkina Faso

Burkina Faso: Private credit by deposit money banks to GDP was 29.4% in 2021. ◆ Volatile

Latest (2021)
29.4%
Change on year
up 0.6%
World rank
117th
of 187 countries
All-time high
29.4%
in 2021
All-time low
1.1%
in 1960
Years of data
62
1960–2021

Private credit by deposit money banks to GDP in Burkina Faso, 1960–2021

0102030196019902021

Source: International Financial Statistics (IFS), International Monetary Fund (IMF). Measured in %.

Analysis

Burkina Faso recorded 29.4% for private credit by deposit money banks to gdp in 2021. That is the highest value across all 62 years on record.

The figure is up 0.6% on the previous year and up 76.0% over ten years.

Over the whole period, private credit by deposit money banks to gdp in Burkina Faso peaked at 29.4% in 2021 and was at its lowest, 1.1%, in 1960.

Burkina Faso ranks 117th of 187 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.

Private credit by deposit money banks to GDP in Burkina Faso, year by year

Annual values for Private credit by deposit money banks to GDP (%) in Burkina Faso, 1960 to 2021.
Year % Change
1960 1.1%
1961 2.2% +95.8%
1962 1.7% -25.2%
1963 1.9% +12.5%
1964 2.1% +10.9%
1965 2.1% +1.3%
1966 1.7% -19.5%
1967 1.8% +8.6%
1968 2.0% +9.2%
1969 2.4% +19.9%
1970 2.1% -11.5%
1971 2.2% +5.0%
1972 3.5% +57.1%
1973 4.3% +23.8%
1974 6.2% +43.2%
1975 7.5% +19.9%
1976 12.3% +64.3%
1977 13.6% +10.9%
1978 14.5% +7.0%
1979 12.7% -12.9%
1980 14.4% +13.6%
1981 13.5% -6.5%
1982 12.7% -5.4%
1983 12.5% -1.9%
1984 11.7% -6.5%
1985 13.1% +12.0%
1986 13.6% +4.4%
1987 14.3% +5.1%
1988 14.7% +2.6%
1989 16.3% +10.9%
1990 16.7% +2.8%
1991 12.3% -26.8%
1992 10.7% -12.9%
1993 9.7% -9.4%
1994 6.9% -29.0%
1995 6.6% -3.2%
1996 6.8% +2.2%
1997 11.4% +68.1%
1998 10.9% -4.3%
1999 8.9% -18.2%
2000 10.3% +15.4%
2001 10.6% +2.8%
2002 11.9% +11.8%
2003 12.3% +3.9%
2004 13.2% +7.4%
2005 14.6% +10.5%
2006 15.8% +8.1%
2007 14.9% -5.5%
2008 15.7% +5.1%
2009 15.1% -3.9%
2010 15.4% +1.9%
2011 16.7% +8.5%
2012 18.4% +10.2%
2013 22.5% +22.1%
2014 25.3% +12.4%
2015 27.1% +7.4%
2016 25.8% -5.0%
2017 27.4% +6.2%
2018 26.8% -2.0%
2019 28.4% +5.8%
2020 29.2% +3.0%
2021 29.4% +0.6%

Burkina Faso compared with similar countries

  • Burkina Faso's 29.4% is above the median for low income countries, which is 13.3%, 2.2× the median. (23 countries reporting)
  • Burkina Faso's 29.4% is above the median for Sub-Saharan Africa, which is 15.4%, 1.9× the median. (47 countries reporting)

Biggest year-on-year movements

Years where Private credit by deposit money banks to GDP 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.

YearChange FromTo
1961 +95.8% 1.1% 2.2%

Averages by decade

DecadeAverage LowestHighest Years
1960s 1.9% 1.1% 2.4% 10
1970s 7.9% 2.1% 14.5% 10
1980s 13.7% 11.7% 16.3% 10
1990s 10.1% 6.6% 16.7% 10
2000s 13.5% 10.3% 15.8% 10
2010s 23.4% 15.4% 28.4% 10
2020s 29.3% 29.2% 29.4% 2

Countries ranked near Burkina Faso

  1. 114 Latvia 31.8% compare
  2. 115 Kenya 30.9% compare
  3. 116 Egypt 29.7% compare
  4. 118 Senegal 28.8% compare
  5. 119 Mali 28.5% compare
  6. 120 Ireland 28.0% compare

See the full ranking of 187 places →

More financial sector data for Burkina Faso

All data for Burkina Faso →

Frequently asked questions

What is private credit by deposit money banks to gdp in Burkina Faso?
Private credit by deposit money banks to gdp in Burkina Faso was 29.4% in 2021, according to International Financial Statistics (IFS), International Monetary Fund (IMF).
What is the highest private credit by deposit money banks to gdp recorded in Burkina Faso?
The highest recorded value was 29.4% in 2021.
What is the lowest private credit by deposit money banks to gdp recorded in Burkina Faso?
The lowest recorded value was 1.1% in 1960.
How does Burkina Faso rank for private credit by deposit money banks to gdp?
Burkina Faso ranks 117th out of 187 countries with data for 2021.
Is private credit by deposit money banks to gdp rising or falling in Burkina Faso?
Over the last ten years it is up 76.0%. 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 Private credit by deposit money banks to GDP (%). Statizoid updates them automatically from the source API.

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Private credit by deposit money banks to GDP in Burkina Faso. Statizoid, drawing on International Financial Statistics (IFS), International Monetary Fund (IMF). Retrieved 18 September 2026, from https://financial-sector.statizoid.com/stat/private-credit-by-deposit-money-banks-to-gdp-percent/burkina-faso/

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About this data

Indicator
Private credit by deposit money banks to GDP (%)
Unit
%
Source
International Financial Statistics (IFS), International Monetary Fund (IMF)
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
187 places, 8,608 data points, 1960–2021
Last refreshed

Private credit by deposit money banks and other financial institutions to GDP, calculated using the following deflation method: {(0.5)*[Ft/P_et + Ft-1/P_et-1]}/[GDPt/P_at] where F is credit to the private sector, 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. Private credit by deposit money banks (IFS line 22d); 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).