Burkina Faso

Official Name: Burkina Faso
Sovereign Status: Sovereign Country
Government Type: Presidential Republic
Official Name (Local Language): Burkina Faso
ISO Country Codes: BF : BFA
Internet Domain: .bf
Government Web Site: https://www.gouvernement.gov.bf/
Capital: Ouagadougou Main Airports: Thomas Sankara Ouagadougou Airport
Language(s): French Population: 21,935,389
Currency: CFA Franc BCEAO ISO Currency Code: XOF
Telephone Dial In: +226 ID Prefix: 00



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Burkina Faso

Government Website: https://www.gouvernement.gov.bf/
Sovereign Ratings: https://countryeconomy.com/ratings/burkina-faso
Central Bank: Banque Centrale des Etats de l'Afrique de l'Ouest
Currency USD Exchange Rate: 605.3 Communaute Financiere Africaine francs (XOF) per US dollar (2017 est.)
Unemployment Rate: 77% (2004)
Population below poverty line: 41.4% (2018 est.)
Inflation Rate: -3.2% (2019 est.)
Prime Lending Rate: 5.10% (2017 - World Bank)
GDP: $48.175 billion (2021 est.)
GDP Pro Capita (PPP): $2,200 (2021 est.)
Currency Name: CFA Franc BCEAO
Currency Code: XOF
World Bank Classification: Low-Income Economy

GDP Composition:

Agriculture: 32.5% cotton, peanuts, shea nuts, sesame, sorghum, millet, corn, rice; livestock
Industry: 21.8% cotton lint, beverages, agricultural processing, soap, cigarettes, textiles, gold
Services: 45.7%

Source: Central Intelligence Agency Factbook




Financial Exchanges:
Stock & Securities Exchange: Bourse Régionale des Valeurs Mobilièeres ;


National Dataset(s):

Burkina Faso


Subject to Country Specific Sanctions? NO

The World Bank’s World Integrated Trade Solution

Business Language(s): French
Customs & Excise: Ministère de l'Economie et des Finances
Development Bank(s): African Development Bank; West African Development Bank; Islamic Development Bank;
Competitive Ind’l Performance: 130/141 (2019) Corruption Perceptions Index: 77/180 (2022 Rank)
Ease of Doing Business: N/A Enabling Trade Index: N/A
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