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Burkina Faso

Burkina Faso Economic Outlook

Real GDP growth was estimated at 6.7% in 2017, up from 5.9% in 2016, due to gains in mining, higher investment in construction, a healthy commercial sector, and improvements in agriculture. The economy is projected to grow 6.6% in 2018, bolstered by a public investment program in the 2016–20 National Economic and Social Development Plan that covers energy, hydro-agricultural development, and road and telecommunications infrastructure. Higher prices for gold and cotton are also expected to boost economic performance.

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Key Facts

Flag:
Capital: Ouagadougou
Area: 274,000 sq km
Total Population 2017: 19.2 Million
Urban Population 2017: 73.50%
Female Population 2017: 49.70%
GDP: US$ 14.3 Billion
GNI Per Capita 2015: US$ 660
Inflation Rate: 2.00%
Crude Birth Rate (per 1000): 38.60%
Human Development Index (rank / 188): 185
Human Development Index (scale 0 to 1): 0.402
Membership Date: 22/09/1964
Cumulative Approvals (1967-2016): UA 1.0 Billion

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Contacts

Bureau National du Burkina Faso

Groupe de la Banque africaine de développement
Immeuble Administratif et Technique de l'ARTEL
5è Etage
Ouagadougou, Burkina Faso

Tél : +226 50375750/51/53
Fax : +226 50375749

Mme Antoinette Batumubwira, Représentante Résidente

West Africa Region

Mrs Marie-Laure Akin-Olugbade, Director General

African Development Bank Group
24ème Etage, Immeuble CCIA, Plateau
01 Boite Postale 1387 Abidjan 01
Côte d’Ivoire

TEL. : (+225) 20 26 40 47

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