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Economy Burkina Faso
Flag of Burkina Faso Burkina Faso
Population: 13,574,820 (July 2004 est.)
Capital: Ouagadougou
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Tabular Data - The Burkinabe Economy

GDP : purchasing power parity - $14.55 billion (2003 est.)
GDP - Real Growth Rate : 5.2% (2003 est.)
GDP - Per Capita : purchasing power parity - $1,100 (2003 est.)
GDP - Composition By Sector : agriculture: 39.8%
industry: 19.6%
services: 40.5% (2003)
Population Below Poverty Line : 45% (2003 est.)
Household Income or Consumption by Percentage : lowest 10%: 2%
highest 10%: 46.8% (1994)
Inflation Rate (Consumer Prices) : 1.9% (2003 est.)
Labor Force : 5 million
note: a large part of the male labor force migrates annually to neighboring countries for seasonal employment (2003)
Labor Force - By Occupation : agriculture 90% (2000 est.)
Budget : revenues: $599.8 million
expenditures: $748.8 million NA, including capital expenditures of NA (2003)
Industries : cotton lint, beverages, agricultural processing, soap, cigarettes, textiles, gold
Industrial Production Growth Rate : 14% (2001 est.)
Electricity - Production : 279.2 million kWh (2001)
Electricity - Production by Source : fossil fuel: 69.9%
hydro: 30.1%
nuclear: 0%
other: 0% (2001)
Electricity - Consumption : 259.6 million kWh (2001)
Agriculture - Products : cotton, peanuts, shea nuts, sesame, sorghum, millet, corn, rice; livestock
Exports : $293 million f.o.b. (2003 est.)
Exports - Commodities : cotton, livestock, gold
Exports - Partners : Singapore 13.2%, China 12%, Thailand 8.3%, Italy 6.6%, India 6.2%, Colombia 5.4%, Ghana 5.4%, France 5%, Niger 4.1% (2003 est.)
Imports : $633.6 million f.o.b. (2003 est.)
Imports - Commodities : capital goods, foodstuffs, petroleum
Imports - Partners : France 30.6%, Cote d'Ivoire 14.4%, Togo 8.8%, Belgium 4.9% (2003 est.)
Debt - External : $1.3 billion (2000)
Economic Aid - Recipient : $484.1 million (1995)
Currency : Communaute Financiere Africaine franc (XOF); note - responsible authority is the Central Bank of the West African States
Currency Code : XOF
Exchange Rates : Communaute Financiere Africaine francs (XOF) per US dollar - 581.2 (2003), 696.988 (2002), 733.039 (2001), 711.976 (2000), 615.699 (1999)
Fiscal Year : Calendar Year

Country References
Country profile data for Burkina Faso

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Data Source: Central Intelligence Agency 2004 World Factbook