Burkina Faso's gross fixed capital formation, private sector (current LCU) was 1.19 trillion in 2022, the latest year in the World Bank's World Development Indicators. That is up 19.62% from 991.33 billion in 2017 (3.65% a year on average, compounded).
Key figures
| Value | Year | |
|---|---|---|
| Latest | 1.19 trillion | 2022 |
| Five years earlier | 991.33 billion | 2017 |
| Highest | 1.19 trillion | 2022 |
| Lowest | 68.11 billion | 1986 |
| Average since 2015 | 1.03 trillion | 2015–2022 |
| First recorded | 69.06 billion | 1985 |
Over five years it is up 19.62% from 991.33 billion in 2017 (3.65% a year on average, compounded). Since 1985 it is up 1,617% from 69.06 billion in 1985 (7.99% a year on average, compounded). The World Bank has no value for 16 of the years in between; the chart leaves those gaps open rather than joining across them.
What the numbers say
In 2022, Burkina Faso's gross fixed capital formation, private sector (current LCU) rose 10.9% on 2021 (from 1.07 trillion to 1.19 trillion).
Across the 19 yearly changes before that (1986 to 2021), the average change was +8.8% and a typical year strayed about 14.7% from that (the standard deviation). This year's change was 0.1 standard deviations above that average, so it was an ordinary year: it sits within the range of normal year-to-year movement.
On record, the biggest yearly rise was 48.9% in 1994 and the biggest yearly fall was 13% in 2019. The numbers show how large and when, not why; for the cause, look at what happened in that country in those years.
From 2015 to 2022 the straight-line trend is upward, about 38.04 billion a year. A straight line explains 56% of the movement over 8 observed years.
Worked out from the yearly values above. How the checks work: standard deviation, z-scores and straight-line trends.
Closest to Burkina Faso in the 2022 ranking
- Syrian Arab Republic — 1st of 6: 2.66 trillion
- Guam — 3rd of 6: 2.01 billion
- Virgin Islands (US) — 4th of 6: 448 million
- Northern Mariana Islands — 5th of 6: 117 million
What this measures
Private investment covers outlays by the private sector (including private nonprofit agencies) on additions to its fixed domestic assets. Gross fixed capital formation includes acquisitions less disposals of fixed assets during the accounting period, including certain specified expenditures on services that add to the value of non-produced assets. This indicator is expressed in current prices, meaning no adjustment has been made to account for price changes over time. This series is expressed in local currency units.
All 22 values
| Year | Gross fixed capital formation, private sector (current LCU) |
|---|---|
| 2022 | 1,185,873,000,000 |
| 2021 | 1,069,675,000,000 |
| 2020 | 1,060,145,000,000 |
| 2019 | 980,554,000,000 |
| 2018 | 1,127,658,000,000 |
| 2017 | 991,330,000,000 |
| 2016 | 1,026,262,000,000 |
| 2015 | 768,837,000,000 |
| 2014 | no data |
| 2013 | no data |
Gross fixed capital formation, private sector (current LCU) in nearby economies
- Angola — 7.6 trillion (2024)
- Benin — 4.14 trillion (2025)
- Cameroon — 5.37 trillion (2025)
- Chad — 1.39 trillion (2025)
- Congo, Dem. Rep. — 31.41 trillion (2025)
- Congo, Rep. — 1.17 trillion (2020)
- Côte d'Ivoire — 7.36 trillion (2025)
- Equatorial Guinea — 212.76 billion (2025)
- Ethiopia — 2.2 trillion (2025)
More economic policy & debt data for Burkina Faso
- General government final consumption expenditure (current US$) — US$4.92 billion (2025)
- General government final consumption expenditure (current LCU) — 2.86 trillion (2025)
- General government final consumption expenditure (% of GDP) — 17.81% (2025)
- Households and NPISHs final consumption expenditure (current US$) — US$16.58 billion (2025)
- Households and NPISHs final consumption expenditure (current LCU) — 9.65 trillion (2025)
- Households and NPISHs final consumption expenditure (% of GDP) — 60% (2025)
- Final consumption expenditure (current US$) — US$21.49 billion (2025)
- Final consumption expenditure (current LCU)
Reading data like this
Questions people ask
- What is Burkina Faso's gross fixed capital formation, private sector (current LCU)?
- 1.19 trillion in 2022, according to the World Bank (World Development Indicators).
- How has it changed since 1985?
- It is up 1,617% from 69.06 billion in 1985 (7.99% a year on average, compounded). The highest value was 1.19 trillion in 2022 and the lowest 68.11 billion in 1986.
- Is the latest change in gross fixed capital formation, private sector (current LCU) unusual for Burkina Faso?
- In 2022, Burkina Faso's gross fixed capital formation, private sector (current LCU) rose 10.9% on 2021 (from 1.07 trillion to 1.19 trillion). Across the 19 yearly changes before that (1986 to 2021), the average change was +8.8% and a typical year strayed about 14.7% from that (the standard deviation). This year's change was 0.1 standard deviations above that average, so it was an ordinary year: it sits within the range of normal year-to-year movement.
Source
World Bank, World Development Indicators, indicator NE.GDI.FPRV.CN, licensed CC BY 4.0. Original source: Country official statistics, National Statistical Organizations and/or Central Banks; National Accounts data files, Organisation for Economic Co-operation and Development (OECD); Staff estimates, World Bank (WB) Figures are fetched from the World Bank API and refreshed monthly; see the series on data.worldbank.org. The full definition and method are in the World Bank's metadata glossary. Comparisons use the same World Bank release.
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