Gross savings in Burkina Faso

Burkina Faso: Gross savings was 3.68 billion current US$ in 2024. ▲ Rising

Latest (2024)
3.68 billion current US$
Change on year
up 33.2%
World rank
120th
of 177 countries
All-time high
3.68 billion current US$
in 2024
All-time low
359.79 million current US$
in 2005
Years of data
20
2005–2024

Gross savings in Burkina Faso, 2005–2024

01.0B2.0B3.0B4.0B2005201420242005: 359.8M current US$2006: 413.4M current US$2007: 775.5M current US$2008: 907.8M current US$2009: 1.1B current US$2010: 1.6B current US$2011: 2.1B current US$2012: 2.3B current US$2013: 1.9B current US$2014: 1.9B current US$2015: 1.4B current US$2016: 1.7B current US$2017: 2.1B current US$2018: 2.7B current US$2019: 2.7B current US$2020: 3.6B current US$2021: 3.1B current US$2022: 1.8B current US$2023: 2.8B current US$2024: 3.7B current US$

Source: Country official statistics, National Statistical Offices (NSOs). Measured in current US$.

Analysis

The most recent figure for gross savings in Burkina Faso is 3.68 billion current US$, measured in 2024. That is the highest value across all 20 years on record.

Compared with earlier readings it is up 33.2% on the previous year and up 96.9% over ten years.

Over the whole period, gross savings in Burkina Faso peaked at 3.68 billion current US$ in 2024 and was at its lowest, 359.79 million current US$, in 2005.

Burkina Faso ranks 120th of 177 countries on this measure, in the middle of the range.

The long-run direction has been consistently rising across the 20 years of available data.

Averages by decade

DecadeAverage LowestHighest Years
2000s 708.50 million current US$ 359.79 million current US$ 1.09 billion current US$ 5
2010s 2.04 billion current US$ 1.40 billion current US$ 2.72 billion current US$ 10
2020s 3.00 billion current US$ 1.79 billion current US$ 3.68 billion current US$ 5

Countries ranked near Burkina Faso

  1. 117 Mali 4.04 billion current US$ compare
  2. 118 Mauritania 3.75 billion current US$ compare
  3. 119 Bermuda 3.74 billion current US$ compare
  4. 121 Niger 3.45 billion current US$ compare
  5. 122 Rwanda 3.44 billion current US$ compare
  6. 123 Haiti 3.26 billion current US$ compare

See the full ranking of 177 places →

More economy & growth data for Burkina Faso

All data for Burkina Faso →

Frequently asked questions

What is gross savings in Burkina Faso?
Gross savings in Burkina Faso was 3.68 billion current US$ 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 3.68 billion current US$ in 2024.
What is the lowest gross savings recorded in Burkina Faso?
The lowest recorded value was 359.79 million current US$ in 2005.
How does Burkina Faso rank for gross savings?
Burkina Faso ranks 120th 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 96.9%. The long-run trend across the full record is rising.
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 US$). Statizoid updates them automatically from the source API.

Download this data

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About this data

Indicator
Gross savings (current US$)
Unit
current US$
Source
Country official statistics, National Statistical Offices (NSOs)
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
177 places, 6,426 data points, 1960–2025
Last refreshed

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 indicator is expressed in United States dollars.