Burkina Faso's net financial account (BoP, current US$) was −US$532.6 million in 2024, the latest year in the World Bank's World Development Indicators. That is up 11.41% from −US$601.2 million in 2014.
Key figures
| Value | Year | |
|---|---|---|
| Latest | −US$532.6 million | 2024 |
| Five years earlier | −US$316.07 million | 2019 |
| Ten years earlier | −US$601.2 million | 2014 |
| Highest | US$1.1 billion | 2020 |
| Lowest | −US$1.03 billion | 2022 |
| Average since 2015 | −US$302.31 million | 2015–2024 |
| First recorded | −US$427.8 million |
What the numbers say
In 2024, Burkina Faso's net financial account (BoP, current US$) rose US$58.94 million on 2023 (from −US$591.54 million to −US$532.6 million).
Across the 18 yearly changes before that (2006 to 2023), the average change was −US$9.1 million and a typical year strayed about US$782.43 million 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 US$1.44 billion in 2006 and the biggest yearly fall was US$1.49 billion in 2022. The numbers show how large and when, not why; for the cause, look at what happened in that country in those years.
From 2015 to 2024 there is no clear straight-line trend: a straight line explains less than 1% of the movement over 10 observed years, so the value is moving around more than it is heading anywhere.
Worked out from the yearly values above. How the checks work: standard deviation, z-scores and straight-line trends.
How it compares
In 2024, Burkina Faso had the 15th highest value of the 29 economies reporting that year. Higher is not always better: for some indicators the lowest value is the one to aim for. See the full ranking.
Closest to Burkina Faso in the 2024 ranking
What this measures
The net financial account shows net acquisition and disposal of financial assets and liabilities. It measures how net lending to or borrowing from nonresidents is financed, and is conceptually equal to the sum of the balances on the current and capital accounts. This indicator is expressed in current prices, meaning no adjustment has been made to account for price changes over time. This indicator is expressed in United States dollars.
All 20 values
| Year | Net financial account (BoP, current US$) |
|---|---|
| 2024 | -532,602,793 |
| 2023 | -591,540,884 |
| 2022 | -1,025,096,836 |
| 2021 | 460,116,185 |
| 2020 | 1,103,456,302 |
| 2019 | -316,070,181 |
| 2018 | -354,537,682 |
| 2017 | -606,369,943 |
| 2016 | -532,416,487 |
| 2015 | -628,028,845 |
Net financial account (BoP, current US$) in nearby economies
- Angola — US$1.3 billion (2025)
- Benin — −US$1.41 billion (2023)
- Botswana — US$499.73 million (2025)
- Burundi — −US$410.29 million (2025)
- Cabo Verde — US$85.45 million (2025)
- Cameroon — −US$1.52 billion (2024)
- Comoros — US$11.24 million (2023)
- Congo, Dem. Rep. — −US$2.4 billion (2025)
- Congo, Rep. — US$1.36 billion (2021)
- Côte d'Ivoire — −US$3.72 billion (2024)
More economic policy & debt data for Burkina Faso
- General government final consumption expenditure (current US$) — 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$21.49 billion (2025)
- Final consumption expenditure (current LCU)
Reading data like this
Questions people ask
- What is Burkina Faso's net financial account (BoP, current US$)?
- −US$532.6 million in 2024, according to the World Bank (World Development Indicators).
- How has it changed since 2005?
- It is down 24.5% from −US$427.8 million in 2005. The highest value was US$1.1 billion in 2020 and the lowest −US$1.03 billion in 2022.
- How does Burkina Faso rank?
- 15th highest of 29 economies with data for 2024.
- Is the latest change in net financial account (BoP, current US$) unusual for Burkina Faso?
- In 2024, Burkina Faso's net financial account (BoP, current US$) rose US$58.94 million on 2023 (from −US$591.54 million to −US$532.6 million). Across the 18 yearly changes before that (2006 to 2023), the average change was −US$9.1 million and a typical year strayed about US$782.43 million 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 BN.FIN.TOTL.CD, licensed CC BY 4.0. Original source: Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF) 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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