Economy of Burkina Faso |
Currency |
CFA Franc (XOF) |
Fiscal year |
Calendar year |
Trade organisations |
AU, WTO |
Statistics [1] |
GDP ranking |
118th (2004) [2] |
GDP |
$15.74 billion (2004) |
GDP growth |
4.8% (2004) |
GDP per capita |
$1,200 (2004) |
GDP by sector |
agriculture (39.5%), industry (19.3%), services (41.3%) (2004) |
Inflation |
2.4% (2004) |
Pop below poverty line |
45% (2003) |
Labour force |
5 million (note: a large part of the male labor force migrates annually to neighboring countries for seasonal employment) (2003) |
Labour force by occupation |
agriculture (90%), (2000) |
Unemployment |
N/A |
Main industries |
cotton lint, beverages, agricultural processing, soap, cigarettes, textiles, gold |
Trading Partners [3] |
Exports |
$418.6 million (2004) |
Export - Commodities |
cotton, livestock, gold |
Main partners |
People's Republic of China 32.3%, Singapore 10.7%, Bangladesh 4.5%, Ghana 4.4%, Colombia 4.4% (2004) |
Imports |
$866.3 million (2004) |
Imports - Commodities |
capital goods, foodstuffs, petroleum |
Main Partners |
France 31.5%, Côte d'Ivoire 13.9%, Togo 8.5% (2004) |
Public finances [4] |
Public debt |
N/A |
Revenues |
$695.2 million (2004) |
Expenses |
$876.3 million (2004) |
Economic aid |
$484.1 million (1995) |