Goods and services expense in Burkina Faso

Burkina Faso: Goods and services expense was 313.60 billion current LCU in 2024. ◆ Volatile

Latest (2024)
313.60 billion current LCU
Change on year
up 35.6%
World rank
41st
of 155 countries
All-time high
345.93 billion current LCU
in 2017
All-time low
56.26 billion current LCU
in 2003
Years of data
23
2002–2024

Goods and services expense in Burkina Faso, 2002–2024

100.0B200.0B300.0B2002201320242002: 62.5B current LCU2003: 56.3B current LCU2004: 67.3B current LCU2005: 75.1B current LCU2006: 82.2B current LCU2007: 94.8B current LCU2008: 95.3B current LCU2009: 95.1B current LCU2010: 90.8B current LCU2011: 97.1B current LCU2012: 120.6B current LCU2013: 118.6B current LCU2014: 102.4B current LCU2015: 109.4B current LCU2016: 128.0B current LCU2017: 345.9B current LCU2018: 327.8B current LCU2019: 230.3B current LCU2020: 176.0B current LCU2021: 196.3B current LCU2022: 254.6B current LCU2023: 231.3B current LCU2024: 313.6B current LCU

Source: Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in current LCU.

Analysis

Burkina Faso recorded 313.60 billion current LCU for goods and services expense in 2024.

The figure is up 35.6% on the previous year and up 206.3% over ten years.

Over the whole period, goods and services expense in Burkina Faso peaked at 345.93 billion current LCU in 2017 and was at its lowest, 56.26 billion current LCU, in 2003.

That places Burkina Faso 41st out of 155 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 78.58 billion current LCU 56.26 billion current LCU 95.31 billion current LCU 8
2010s 167.09 billion current LCU 90.76 billion current LCU 345.93 billion current LCU 10
2020s 234.37 billion current LCU 176.02 billion current LCU 313.60 billion current LCU 5

Countries ranked near Burkina Faso

  1. 38 Bangladesh 433.94 billion current LCU compare
  2. 39 Congo 359.00 billion current LCU compare
  3. 40 Serbia 334.69 billion current LCU compare
  4. 42 Saudi Arabia 313.02 billion current LCU compare
  5. 43 Iceland 300.99 billion current LCU compare
  6. 44 Sri Lanka 299.70 billion current LCU compare

See the full ranking of 155 places →

More public sector data for Burkina Faso

All data for Burkina Faso →

Frequently asked questions

What is goods and services expense in Burkina Faso?
Goods and services expense in Burkina Faso was 313.60 billion current LCU in 2024, according to Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF).
What is the highest goods and services expense recorded in Burkina Faso?
The highest recorded value was 345.93 billion current LCU in 2017.
What is the lowest goods and services expense recorded in Burkina Faso?
The lowest recorded value was 56.26 billion current LCU in 2003.
How does Burkina Faso rank for goods and services expense?
Burkina Faso ranks 41st out of 155 countries with data for 2024.
Is goods and services expense rising or falling in Burkina Faso?
Over the last ten years it is up 206.3%. The long-run trend across the full record is volatile.
Where does this Burkina Faso data come from?
The figures come from Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF), published as part of Goods and services expense (current LCU). Statizoid updates them automatically from the source API.

Download this data

CSV · JSON — 23 observations, free to reuse under CC BY 4.0 (World Bank Open Data).

About this data

Indicator
Goods and services expense (current LCU)
Unit
current LCU
Source
Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF)
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
155 places, 4,479 data points, 1972–2024
Last refreshed

Goods and services include all government payments in exchange for goods and services used for the production of market and nonmarket goods and services. Use of goods and services for account capital formation is excluded. This indicator is expressed in current prices, meaning no adjustment has been made to account for price changes over time. This series is expressed in local currency units.