Official Name: | Burkina Faso |
Sovereign Status: | Sovereign Country |
Government Type: | Presidential Republic |
Official Name (Local Language): | Burkina Faso |
ISO Country Codes: | BF : BFA |
Internet Domain: | .bf |
Government Web Site: | None |
Capital: | Ouagadougou | Main Airports: | Thomas Sankara Ouagadougou Airport |
Language(s): | French | Population: | 21,935,389 |
Currency: | CFA Franc BCEAO | ISO Currency Code: | XOF |
Telephone Dial In: | +226 | ID Prefix: | 00 |
Government Website: | None |
Sovereign Ratings: | https://countryeconomy.com/ratings/burkina-faso |
Central Bank: | Banque Centrale des Etats de l'Afrique de l'Ouest |
Currency USD Exchange Rate: | 605.3 Communaute Financiere Africaine francs (XOF) per US dollar (2017 est.) |
Unemployment Rate: | 77% (2004) |
Population below poverty line: | 41.4% (2018 est.) |
Inflation Rate: | -3.2% (2019 est.) |
Prime Lending Rate: | 5.10% (2017 - World Bank) |
GDP: | $48.175 billion (2021 est.) |
GDP Pro Capita (PPP): | $2,200 (2021 est.) |
Currency Name: | CFA Franc BCEAO |
Currency Code: | XOF |
World Bank Classification: | Low-Income Economy |
GDP Composition:
Agriculture: | 32.5% | cotton, peanuts, shea nuts, sesame, sorghum, millet, corn, rice; livestock |
Industry: | 21.8% | cotton lint, beverages, agricultural processing, soap, cigarettes, textiles, gold |
Services: | 45.7% |
Subject to Country Specific Sanctions? NO
The World Bank’s World Integrated Trade Solution
Business Language(s): | French |
Customs & Excise: | Ministère de l'Economie et des Finances |
Development Bank(s): | African Development Bank; West African Development Bank; Islamic Development Bank; |
Competitive Ind’l Performance: 130/141 (2019) | Corruption Perceptions Index: 77/180 (2022 Rank) |
Ease of Doing Business: N/A | Enabling Trade Index: N/A |
Global Trade Alert | Search ITC's Lega Carta |
Eximbank: Afreximbank ; Export Credit Agency: Caribbean Export Development Agency ; Export Insurance Agency: The Islamic Corporation for the Insurance of Investment and Export Credit ;
Investment Agency: Investment Promotion Agency of Burkina Faso ;
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