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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

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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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

Mr. M. Janvier LITSE, Director West Africa Region

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

TEL. : (+225) 20 26 40 47