Burkina Faso's gross fixed capital formation, private sector (% of GDP) was 10.21% in 2022, the latest year in the World Bank's World Development Indicators. That is down 1.89 percentage points from 12.1% in 2017.
Key figures
| Value | Year | |
|---|---|---|
| Latest | 10.21% | 2022 |
| Five years earlier | 12.1% | 2017 |
| Highest | 13.78% | 1994 |
| Lowest | 9.66% | 1986 |
| Average since 2015 | 11.27% | 2015–2022 |
| First recorded | 9.9% | 1985 |
Over five years it is down 1.89 percentage points from 12.1% in 2017. Since 1985 it is up 0.31 percentage points from 9.9% in 1985. 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 (% of GDP) rose 0.42 percentage points on 2021 (from 9.79% to 10.21%).
Across the 19 yearly changes before that (1986 to 2021), the average change was +0.09 percentage points and a typical year strayed about 1.37 percentage points from that (the standard deviation). This year's change was 0.2 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 3.03 percentage points in 1994 and the biggest yearly fall was 2.34 percentage points 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 downward, about 0.37 percentage points a year. A straight line explains 46% 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
- Guam — 1st of 6: 29.13%
- Northern Mariana Islands — 2nd of 6: 10.68%
- Virgin Islands (US) — 4th of 6: 9.59%
- American Samoa — 5th of 6: 6.08%
- Syrian Arab Republic — 6th of 6: 2.99%
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 as a percentage of Gross Domestic Product (GDP) which is the total income earned through the production of goods and services in an economic territory during an accounting period.
Regional and income-group figures are computed by the World Bank as a weighted average.
All 22 values
| Year | Gross fixed capital formation, private sector (% of GDP) |
|---|---|
| 2022 | 10.21 |
| 2021 | 9.79 |
| 2020 | 10.39 |
| 2019 | 10.44 |
| 2018 | 12.78 |
| 2017 | 12.1 |
| 2016 | 13.49 |
| 2015 | 10.99 |
| 2014 | no data |
| 2013 | no data |
| 2012 |
Gross fixed capital formation, private sector (% of GDP) in nearby economies
- Angola — 7.3% (2024)
- Benin — 28.97% (2025)
- Cameroon — 15.67% (2025)
- Chad — 11.14% (2025)
- Congo, Dem. Rep. — 12.89% (2025)
- Congo, Rep. — 17.71% (2020)
- Côte d'Ivoire — 12.67% (2025)
- Equatorial Guinea — 2.85% (2025)
- Ethiopia — 14.58% (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 (% of GDP)?
- 10.21% in 2022, according to the World Bank (World Development Indicators).
- How has it changed since 1985?
- It is up 0.31 percentage points from 9.9% in 1985. The highest value was 13.78% in 1994 and the lowest 9.66% in 1986.
- Is the latest change in gross fixed capital formation, private sector (% of GDP) unusual for Burkina Faso?
- In 2022, Burkina Faso's gross fixed capital formation, private sector (% of GDP) rose 0.42 percentage points on 2021 (from 9.79% to 10.21%). Across the 19 yearly changes before that (1986 to 2021), the average change was +0.09 percentage points and a typical year strayed about 1.37 percentage points from that (the standard deviation). This year's change was 0.2 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.ZS, 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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