Current account balance in Burkina Faso

Burkina Faso: Current account balance was -918.24 million BoP, current US$ in 2024. ◆ Volatile

Latest (2024)
-918.24 million BoP, current US$
Change on year
up 9.7%
World rank
122nd
of 199 countries
All-time high
743.23 million BoP, current US$
in 2020
All-time low
-1.40 billion BoP, current US$
in 2022
Years of data
20
2005–2024

Current account balance in Burkina Faso, 2005–2024

-1.5B-1.0B-500.0M0500.0M2005201420242005: -634.6M BoP, current US$2006: -543.9M BoP, current US$2007: -560.7M BoP, current US$2008: -967.0M BoP, current US$2009: -381.6M BoP, current US$2010: -181.6M BoP, current US$2011: -160.4M BoP, current US$2012: -162.3M BoP, current US$2013: -1.3B BoP, current US$2014: -999.0M BoP, current US$2015: -895.4M BoP, current US$2016: -780.2M BoP, current US$2017: -896.3M BoP, current US$2018: -664.8M BoP, current US$2019: -523.8M BoP, current US$2020: 743.2M BoP, current US$2021: 77.3M BoP, current US$2022: -1.4B BoP, current US$2023: -1.0B BoP, current US$2024: -918.2M BoP, current US$

Source: Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in BoP, current US$.

Analysis

The most recent figure for current account balance in Burkina Faso is -918.24 million BoP, current US$, measured in 2024.

That represents a change of up 9.7% on the previous year and up 8.1% over ten years.

Over the whole period, current account balance in Burkina Faso peaked at 743.23 million BoP, current US$ in 2020 and was at its lowest, -1.40 billion BoP, current US$, in 2022.

That places Burkina Faso 122nd out of 199 countries with data for 2024, putting it in the middle of the range.

The series is highly variable year to year, so single readings are best treated with caution.

Averages by decade

DecadeAverage LowestHighest Years
2000s -617.57 million BoP, current US$ -967.03 million BoP, current US$ -381.57 million BoP, current US$ 5
2010s -660.93 million BoP, current US$ -1.35 billion BoP, current US$ -160.39 million BoP, current US$ 10
2020s -503.78 million BoP, current US$ -1.40 billion BoP, current US$ 743.23 million BoP, current US$ 5

Countries ranked near Burkina Faso

  1. 119 Tunisia -775.30 million BoP, current US$ compare
  2. 120 North Macedonia -814.98 million BoP, current US$ compare
  3. 121 Botswana -821.14 million BoP, current US$ compare
  4. 123 Sierra Leone -984.26 million BoP, current US$ compare
  5. 125 Georgia -1.01 billion BoP, current US$ compare

See the full ranking of 200 places →

More economy & growth data for Burkina Faso

All data for Burkina Faso →

Frequently asked questions

What is current account balance in Burkina Faso?
Current account balance in Burkina Faso was -918.24 million BoP, current US$ in 2024, according to Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF).
What is the highest current account balance recorded in Burkina Faso?
The highest recorded value was 743.23 million BoP, current US$ in 2020.
What is the lowest current account balance recorded in Burkina Faso?
The lowest recorded value was -1.40 billion BoP, current US$ in 2022.
How does Burkina Faso rank for current account balance?
Burkina Faso ranks 122nd out of 199 countries with data for 2024.
Is current account balance rising or falling in Burkina Faso?
Over the last ten years it is up 8.1%. The long-run trend across the full record is volatile.
Where does this Burkina Faso data come from?
The figures come from Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF), published as part of Current account balance (BoP, current US$). Statizoid updates them automatically from the source API.

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About this data

Indicator
Current account balance (BoP, current US$)
Unit
BoP, current US$
Source
Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF)
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
200 places, 7,806 data points, 1960–2025
Last refreshed

Balance of current transactions (transactions in goods and services, earned income and transfer income) between residents and non-residents. The term current account balance is used in the external accounts and is expressed from the perspective of resident units. The term current external balance is used in the national accounts and is expressed from the perspective of the non-resident units, and therefore with the opposite sign. This indicator is expressed in current prices, meaning no adjustment has been made to account for price changes over time. This indicator is expressed in United States dollars.