Burkina Faso's net secondary income (net current transfers from abroad) (current US$) was US$738.76 million in 2022, the latest year in the World Bank's World Development Indicators. That is up 7.54% from US$686.96 million in 2012 (0.73% a year on average, compounded).
Key figures
| Value | Year | |
|---|---|---|
| Latest | US$738.76 million | 2022 |
| Five years earlier | US$773.52 million | 2017 |
| Ten years earlier | US$686.96 million | 2012 |
| Highest | US$964.34 million | 2016 |
| Lowest | US$14.89 million | 1969 |
| Average since 2013 | US$775.29 million | 2013–2022 |
| First recorded | US$14.89 million |
What the numbers say
In 2022, Burkina Faso's net secondary income (net current transfers from abroad) (current US$) fell 20.7% on 2021 (from US$931.71 million to US$738.76 million).
Across the 30 yearly changes before that (1992 to 2021), the average change was +8.3% and a typical year strayed about 29% from that (the standard deviation). This year's change was 1.0 standard deviations below that average, so it was larger than a typical year, though not out of the range seen before.
On record, the biggest yearly rise was 87.4% in 1990 and the biggest yearly fall was 36.7% in 1994. The numbers show how large and when, not why; for the cause, look at what happened in that country in those years.
From 2013 to 2022 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.
Closest to Burkina Faso in the 2022 ranking
- Syrian Arab Republic — 1st of 4: US$3.1 billion
- Turkmenistan — 3rd of 4: US$5.53 million
- Norway — 4th of 4: −US$5.92 billion
What this measures
Net secondary income (from abroad) comprises transfers of income between residents of the reporting country and the rest of the world that carry no provisions for repayment. Net secondary income is equal to the unrequited transfers of income from nonresidents to residents minus the unrequited transfers from residents to nonresidents. This indicator is expressed in current prices, meaning no adjustment has been made to account for price changes over time. This indicator is expressed in United States dollars.
All 54 values
| Year | Net secondary income (net current transfers from abroad) (current US$) |
|---|---|
| 2022 | 738,755,645 |
| 2021 | 931,710,405 |
| 2020 | 778,761,117 |
| 2019 | 617,633,040 |
| 2018 | 650,658,573 |
| 2017 | 773,515,506 |
| 2016 | 964,344,558 |
| 2015 | 779,911,835 |
| 2014 | 752,374,525 |
| 2013 | 765,198,962 |
Net secondary income (net current transfers from abroad) (current US$) in nearby economies
- Angola — −US$344.35 million (2025)
- Benin — US$306.5 million (2025)
- Botswana — US$2.06 billion (2024)
- Burundi — US$281.65 million (2025)
- Cabo Verde — US$499.14 million (2025)
- Cameroon — US$981.56 million (2025)
- Central African Republic — US$162.92 million (2017)
- Chad — US$293.01 million (2024)
- Comoros
More economic policy & debt data for Burkina Faso
- General government final consumption expenditure (current US$) — 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$21.49 billion (2025)
- Final consumption expenditure (current LCU)
Reading data like this
Questions people ask
- What is Burkina Faso's net secondary income (net current transfers from abroad) (current US$)?
- US$738.76 million in 2022, according to the World Bank (World Development Indicators).
- How has it changed since 1969?
- It is up 4,863% from US$14.89 million in 1969 (7.65% a year on average, compounded). The highest value was US$964.34 million in 2016 and the lowest US$14.89 million in 1969.
- Is the latest change in net secondary income (net current transfers from abroad) (current US$) unusual for Burkina Faso?
- In 2022, Burkina Faso's net secondary income (net current transfers from abroad) (current US$) fell 20.7% on 2021 (from US$931.71 million to US$738.76 million). Across the 30 yearly changes before that (1992 to 2021), the average change was +8.3% and a typical year strayed about 29% from that (the standard deviation). This year's change was 1.0 standard deviations below that average, so it was larger than a typical year, though not out of the range seen before.
Source
World Bank, World Development Indicators, indicator NY.TRF.NCTR.CD, licensed CC BY 4.0. Original source: Country official statistics, National Statistical Offices (NSOs); National Accounts data files, Central Banks; 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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