Burkina Faso GDP Per Capita 2024

[ Nominal GDP Per Capita in USD ]

Year -

$981.99

Source: world bank Nominal/PPP
Summary:

Burkina Faso GDP Per Capita expanded from 1960 to 2024, increasing from $69.15 to $981.99 .The compound annual growth rate (CAGR) averaged 4.23% over the period. The economy recorded its peak level in 2024 and its lowest level in 1960. Growth volatility remained high. The maximum drawdown reached 46.3%, indicating the largest cyclical decline from peak levels. The country experienced 11 recession episode(s) during the observed period.

Latest GDP Per Capita of Burkina Faso 2024 – Nominal vs PPP

MetricNominal GDP (Current USD)GDP (PPP, Int$)
Latest Year20242024
Latest GDP Per Capita$ 981.99 dollars$ 2,895.89 Int dollars
Growth (YoY)12.423%4.95%
Net Change vs Previous Year$ 108.51 dollars$ 136.59 Int dollars
% of World GDP Per Capita0.88%1.45%
MeaningNominal GDP Per Capita (Current USD, exchange-rate based)GDP (PPP, cost-of-living adjusted)
Burkina Faso GDP | Burkina Faso GDP Growth

Burkina Faso Annual GDP Per Capita From 1960 to 2024

Source: Worldbank Nominal PPP

NominalPPP
YearDollar $Net Chg $% ChgInt $Net Chg $% Chg
196069.15-----
196172.243.094.472 %---
196277.154.916.797 %---
196378.911.762.276 %---
196480.912.012.542 %---
196582.071.161.433 %---
196682.840.760.928 %---
196784.631.792.162 %---
196884.970.350.41 %---
196986.761.782.097 %---
197081.71-5.05-5.819 %---
197184.512.813.436 %---
197299.6315.1217.889 %---
1973114.1414.514.557 %---
1974124.6710.539.229 %---
1975152.928.2322.644 %---
1976155.492.581.69 %---
1977175.9620.4813.171 %---
1978223.8847.9227.23 %---
1979258.534.6215.465 %---
1980277.619.17.387 %---
1981248.71-28.89-10.407 %---
1982239.02-9.69-3.896 %---
1983211.93-27.09-11.335 %---
1984187.83-24.09-11.369 %---
1985194.066.233.317 %---
1986247.4653.427.515 %---
1987280.2232.7613.238 %---
1988301.1320.917.462 %---
1989293.19-7.94-2.637 %---
1990338.5945.4115.487 %566.94--
1991333.71-4.89-1.444 %623.2756.329.935 %
1992348.5914.894.461 %623.380.120.019 %
1993324.11-24.48-7.023 %644.0420.653.313 %
1994187.21-136.9-42.239 %649.845.810.902 %
1995229.0941.8822.371 %683.6433.85.201 %
1996242.7313.645.954 %753.3169.6710.191 %
1997223.85-18.88-7.778 %793.9740.665.398 %
1998249.5325.6811.471 %838.0844.115.555 %
1999292.8443.3117.355 %886.4348.355.77 %
2000248.91-43.93-15.001 %896.4810.041.133 %
2001259.4910.584.249 %947.9251.445.738 %
2002285.6526.1710.085 %973.9826.062.75 %
2003362.3776.7226.858 %1037.8463.856.556 %
2004403.8141.4411.435 %107941.163.966 %
2005441.1637.359.25 %1171.7692.768.597 %
2006455.5114.353.253 %124472.246.165 %
2007514.6859.1712.99 %1290.546.53.738 %
2008619.44104.7520.353 %1351.3660.864.716 %
2009601.57-17.87-2.885 %1359.698.330.617 %
2010624.9623.393.888 %1449.4289.736.599 %
2011725.02100.0716.012 %1531.3481.925.652 %
2012731.476.450.889 %1571.8440.52.644 %
2013759.7628.293.868 %1642.8971.054.52 %
2014764.865.10.671 %1661.3218.431.122 %
2015630.12-134.74-17.616 %1691.5830.261.822 %
2016663.7433.625.335 %1881.76190.1811.243 %
2017709.0945.356.832 %2042.4160.648.537 %
2018777.4768.379.642 %2073.3230.921.514 %
2019764.85-12.61-1.622 %2232.16158.847.661 %
2020825.2460.387.895 %2380.72148.566.655 %
2021895.5470.38.519 %2486.43105.714.44 %
2022827.33-68.2-7.616 %2645.24158.816.387 %
2023873.4846.155.578 %2759.3114.064.312 %
2024981.99108.5112.423 %2895.89136.594.95 %

Burkina Faso Economic Phases (1960 - 2024)

From 1960 to 2024, Burkina Faso economy moved through multiple cyclical phases marked by alternating periods of rapid expansion and contraction.

  • Expansion (1963–1969) indicating steady moderate growth
  • High Growth (1972–1975) indicating robust economic expansion
  • High Growth (1977–1980) indicating robust economic expansion
  • Crisis (1983–1984) indicating severe economic downturn
  • High Growth (1986–1988) indicating robust economic expansion
  • High Growth (1995–1996) indicating robust economic expansion
  • High Growth (1998–1999) indicating robust economic expansion
  • High Growth (2002–2005) indicating robust economic expansion
  • High Growth (2007–2008) indicating robust economic expansion
  • Expansion (2012–2014) indicating steady moderate growth
  • High Growth (2016–2018) indicating robust economic expansion
  • High Growth (2020–2021) indicating robust economic expansion
  • High Growth (2023–2024) indicating robust economic expansion

The most remarkable growth occurred in 1986 with an increase of 27.515%, while the largest decline was in 1994 at -42.239%.