Gross external debt, Percent of GDP (Balance of Payments and) in Burkina Faso
Burkina Faso: Gross external debt, Percent of GDP (Balance of Payments and) was 19.1 in 2027. ▼ Falling
Gross external debt, Percent of GDP (Balance of Payments and) in Burkina Faso, 2000–2027
Source: International Monetary Fund.
Analysis
In 2027, gross external debt, percent of gdp (balance of payments and) in Burkina Faso stood at 19.1.
The figure is down 1.7% on the previous year and down 14.7% over ten years.
Over the whole period, gross external debt, percent of gdp (balance of payments and) in Burkina Faso peaked at 55.36 in 2000 and was at its lowest, 18.56, in 2014.
Burkina Faso ranks 36th of 45 countries on this measure, in the bottom quarter.
The long-run direction has been consistently falling across the 28 years of available data.
Gross external debt, Percent of GDP (Balance of Payments and) in Burkina Faso, year by year
| Year | Value | Change |
|---|---|---|
| 2000 | 55.36 | — |
| 2001 | 43.85 | -20.8% |
| 2002 | 43.06 | -1.8% |
| 2003 | 37.82 | -12.2% |
| 2004 | 38.65 | +2.2% |
| 2005 | 34.39 | -11.0% |
| 2006 | 18.57 | -46.0% |
| 2007 | 20.7 | +11.5% |
| 2008 | 18.59 | -10.2% |
| 2009 | 22.73 | +22.2% |
| 2010 | 23.65 | +4.1% |
| 2011 | 18.86 | -20.3% |
| 2012 | 20.54 | +8.9% |
| 2013 | 19.92 | -3.0% |
| 2014 | 18.56 | -6.8% |
| 2015 | 22.6 | +21.8% |
| 2016 | 22.14 | -2.0% |
| 2017 | 22.4 | +1.2% |
| 2018 | 20.84 | -7.0% |
| 2019 | 23.02 | +10.4% |
| 2020 | 22.95 | -0.3% |
| 2021 | 24.46 | +6.6% |
| 2022 | 26.43 | +8.0% |
| 2023 | 26.43 | +0.0% |
| 2024 | 24.69 | -6.6% |
| 2025 | 22.04 | -10.7% |
| 2026 | 19.44 | -11.8% |
| 2027 | 19.1 | -1.7% |
Burkina Faso compared with similar countries
- Burkina Faso's 19.1 is below the median for Sub-Saharan Africa, which is 26.53, 72% of the median. (45 countries reporting)
- Burkina Faso's 19.1 is below the median for low income countries, which is 24.57, 78% of the median. (19 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 33.37 | 18.57 | 55.36 | 10 |
| 2010s | 21.25 | 18.56 | 23.65 | 10 |
| 2020s | 23.19 | 19.1 | 26.43 | 8 |
Countries ranked near Burkina Faso
More external debt data for Burkina Faso
- IFC, private nonguaranteed 33.88 million NFL, US$ (2024)
- IFC, private nonguaranteed (NFL, US$), per capita 1.44 NFL, US$ per person (2024)
- IFC, private nonguaranteed (NFL, US$), per unit of GDP 0.0015 NFL, US$ per US$ of GDP (2024)
- IFC, private nonguaranteed (NFL, US$), per square kilometre 41.9 NFL, US$ per square kilometre (2023)
- Public and publicly guaranteed debt service 1.4% (2024)
- Net financial flows, IDA 320.83 million NFL, current US$ (2024)
- Net financial flows, IDA (NFL, current US$), per capita 13.62 NFL, current US$ per person (2024)
- Net financial flows, IDA (NFL, current US$), per unit of GDP 0.0139 NFL, current US$ per US$ of GDP (2024)
- Public and publicly guaranteed debt service 4.2% (2024)
- Net financial flows, IDA (NFL, current US$), per square kilometre 641.04 NFL, current US$ per square kilometre (2023)
Frequently asked questions
- What is gross external debt, percent of gdp (balance of payments and) in Burkina Faso?
- Gross external debt, percent of gdp (balance of payments and) in Burkina Faso was 19.1 in 2027, according to International Monetary Fund.
- What is the highest gross external debt, percent of gdp (balance of payments and) recorded in Burkina Faso?
- The highest recorded value was 55.36 in 2000.
- What is the lowest gross external debt, percent of gdp (balance of payments and) recorded in Burkina Faso?
- The lowest recorded value was 18.56 in 2014.
- How does Burkina Faso rank for gross external debt, percent of gdp (balance of payments and)?
- Burkina Faso ranks 36th out of 45 countries with data for 2027.
- Is gross external debt, percent of gdp (balance of payments and) rising or falling in Burkina Faso?
- Over the last ten years it is down 14.7%. The long-run trend across the full record is falling.
- Where does this Burkina Faso data come from?
- The figures come from International Monetary Fund, published as part of Gross external debt, Percent of GDP (Balance of Payments and International Investment Position Manual, Sixth Edition (BPM6)). Statizoid updates them automatically from the source API.
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About this data
Sub-Saharan Africa Regional Economic Outlook (REO) provides information on recent economic developments and prospects for countries in sub-Saharan Africa. Data for the REO for sub-Saharan Africa are prepared in conjunction with the semi-annual World Economic Outlook (WEO) exercises, spring and fall.