Public and publicly guaranteed debt service in Burkina Faso
Burkina Faso: Public and publicly guaranteed debt service was 1.4% in 2024. ▲ Rising
Public and publicly guaranteed debt service in Burkina Faso, 1970–2024
Source: International Debt Statistics, World Bank (WB). Measured in % of GNI.
Analysis
In 2024, public and publicly guaranteed debt service in Burkina Faso stood at 1.4%.
That represents a change of up 11.3% on the previous year and up 105.8% over ten years.
Over the whole period, public and publicly guaranteed debt service in Burkina Faso peaked at 2.2% in 1994 and was at its lowest, 0.4%, in 1972.
That places Burkina Faso 83rd out of 123 countries with data for 2024, putting it in the middle of the range.
The long-run direction has been consistently rising across the 55 years of available data.
Public and publicly guaranteed debt service in Burkina Faso, year by year
| Year | % of GNI | Change |
|---|---|---|
| 1970 | 0.5% | — |
| 1971 | 0.4% | -5.8% |
| 1972 | 0.4% | -18.3% |
| 1973 | 0.5% | +28.9% |
| 1974 | 0.5% | +4.5% |
| 1975 | 0.6% | +17.7% |
| 1976 | 0.5% | -14.2% |
| 1977 | 0.5% | +1.9% |
| 1978 | 0.5% | -0.6% |
| 1979 | 0.5% | +7.6% |
| 1980 | 0.9% | +66.5% |
| 1981 | 0.8% | -11.7% |
| 1982 | 0.9% | +12.5% |
| 1983 | 0.9% | +8.8% |
| 1984 | 1.2% | +31.5% |
| 1985 | 1.6% | +28.5% |
| 1986 | 1.5% | -6.1% |
| 1987 | 1.2% | -19.6% |
| 1988 | 1.3% | +10.4% |
| 1989 | 1.2% | -9.5% |
| 1990 | 0.9% | -24.9% |
| 1991 | 1.3% | +41.6% |
| 1992 | 0.9% | -33.2% |
| 1993 | 1.1% | +31.4% |
| 1994 | 2.2% | +96.6% |
| 1995 | 2.0% | -11.7% |
| 1996 | 1.7% | -10.9% |
| 1997 | 1.9% | +9.4% |
| 1998 | 1.7% | -10.3% |
| 1999 | 1.6% | -4.3% |
| 2000 | 1.3% | -21.3% |
| 2001 | 0.9% | -31.2% |
| 2002 | 0.9% | +5.2% |
| 2003 | 0.9% | -2.7% |
| 2004 | 0.9% | -1.4% |
| 2005 | 0.7% | -24.3% |
| 2006 | 0.7% | -2.1% |
| 2007 | 0.5% | -25.5% |
| 2008 | 0.4% | -9.8% |
| 2009 | 0.5% | +5.7% |
| 2010 | 0.5% | +4.9% |
| 2011 | 0.6% | +11.9% |
| 2012 | 0.5% | -3.6% |
| 2013 | 0.6% | +5.2% |
| 2014 | 0.7% | +17.8% |
| 2015 | 0.9% | +32.3% |
| 2016 | 0.9% | -0.4% |
| 2017 | 0.9% | -1.6% |
| 2018 | 0.8% | -12.2% |
| 2019 | 0.9% | +14.2% |
| 2020 | 0.8% | -4.9% |
| 2021 | 0.8% | -4.4% |
| 2022 | 1.1% | +35.8% |
| 2023 | 1.2% | +15.1% |
| 2024 | 1.4% | +11.3% |
Burkina Faso compared with similar countries
- Burkina Faso's 1.4% is above the median for low income countries, which is 1.1%, 1.3× the median. (23 countries reporting)
- Burkina Faso's 1.4% is below the median for Sub-Saharan Africa, which is 1.6%, 84% of the median. (44 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 0.5% | 0.4% | 0.6% | 10 |
| 1980s | 1.2% | 0.8% | 1.6% | 10 |
| 1990s | 1.5% | 0.9% | 2.2% | 10 |
| 2000s | 0.8% | 0.4% | 1.3% | 10 |
| 2010s | 0.7% | 0.5% | 0.9% | 10 |
| 2020s | 1.0% | 0.8% | 1.4% | 5 |
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)
- 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)
- Net financial flows, IDA (NFL, current US$), annual growth rate 82.92 % change on previous year (2024)
Frequently asked questions
- What is public and publicly guaranteed debt service in Burkina Faso?
- Public and publicly guaranteed debt service in Burkina Faso was 1.4% in 2024, according to International Debt Statistics, World Bank (WB).
- What is the highest public and publicly guaranteed debt service recorded in Burkina Faso?
- The highest recorded value was 2.2% in 1994.
- What is the lowest public and publicly guaranteed debt service recorded in Burkina Faso?
- The lowest recorded value was 0.4% in 1972.
- How does Burkina Faso rank for public and publicly guaranteed debt service?
- Burkina Faso ranks 83rd out of 123 countries with data for 2024.
- Is public and publicly guaranteed debt service rising or falling in Burkina Faso?
- Over the last ten years it is up 105.8%. The long-run trend across the full record is rising.
- Where does this Burkina Faso data come from?
- The figures come from International Debt Statistics, World Bank (WB), published as part of Public and publicly guaranteed debt service (% of GNI). Statizoid updates them automatically from the source API.
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About this data
Public and publicly guaranteed debt service to gross national income. Public and publicly guaranteed debt service is the sum of principal repayments and interest actually paid in currency, goods, or services on long-term obligations of public debtors and long-term private obligations guaranteed by a public entity. GNI (formerly GNP) is the sum of value added by all resident producers plus any product taxes (less subsidies) not included in the valuation of output plus net receipts of primary income (compensation of employees and property income) from abroad.