Gross savings in Burkina Faso
Burkina Faso: Gross savings was 2.23 trillion current LCU in 2024. ◆ Volatile
Gross savings in Burkina Faso, 2005–2024
Source: Country official statistics, National Statistical Offices (NSOs). Measured in current LCU.
Analysis
In 2024, gross savings in Burkina Faso stood at 2.23 trillion current LCU. That is the highest value across all 20 years on record.
Compared with earlier readings it is up 33.1% on the previous year and up 141.8% over ten years.
Over the whole period, gross savings in Burkina Faso peaked at 2.23 trillion current LCU in 2024 and was at its lowest, 189.70 billion current LCU, in 2005.
Burkina Faso ranks 48th of 177 countries on this measure, 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
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 338.49 billion current LCU | 189.70 billion current LCU | 510.77 billion current LCU | 5 |
| 2010s | 1.10 trillion current LCU | 792.28 billion current LCU | 1.58 trillion current LCU | 10 |
| 2020s | 1.77 trillion current LCU | 1.12 trillion current LCU | 2.23 trillion current LCU | 5 |
Countries ranked near Burkina Faso
More economy & growth data for Burkina Faso
- DEC alternative conversion factor 581.93 LCU per US$ (2025)
- Net secondary income (Net current transfers from abroad) 460.81 billion current LCU (2022)
- Net secondary income (Net current transfers from abroad) 738.76 million current US$ (2022)
- Taxes less subsidies on products 1.36 trillion current LCU (2025)
- Taxes less subsidies on products 2.34 billion current US$ (2025)
- Net primary income (Net income from abroad) -944.85 billion current LCU (2025)
- Net primary income (Net income from abroad) -1.62 billion current US$ (2025)
- GNI per capita 628,558 current LCU (2025)
- GNI per capita, Atlas method 980 current US$ (2025)
- GNI 15.13 trillion current LCU (2025)
Frequently asked questions
- What is gross savings in Burkina Faso?
- Gross savings in Burkina Faso was 2.23 trillion current LCU in 2024, according to Country official statistics, National Statistical Offices (NSOs).
- What is the highest gross savings recorded in Burkina Faso?
- The highest recorded value was 2.23 trillion current LCU in 2024.
- What is the lowest gross savings recorded in Burkina Faso?
- The lowest recorded value was 189.70 billion current LCU in 2005.
- How does Burkina Faso rank for gross savings?
- Burkina Faso ranks 48th out of 177 countries with data for 2024.
- Is gross savings rising or falling in Burkina Faso?
- Over the last ten years it is up 141.8%. The long-run trend across the full record is volatile.
- Where does this Burkina Faso data come from?
- The figures come from Country official statistics, National Statistical Offices (NSOs), published as part of Gross savings (current LCU). Statizoid updates them automatically from the source API.
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About this data
Savings is an amount that represents the part of disposable income (adjusted for the change in pension entitlements) that is not spent on final consumption. Gross savings are calculated as gross national income less total consumption, plus net transfers. 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.