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Burkina Faso Poverty Rate

Burkina Faso's poverty rate fell to 42.1% in 2021, down from 47.7% in 2018, according to World Bank. This represents a decrease of 5.6% from the previous year. Burkina Faso has the 12th highest poverty rate. Within Africa, it ranks 12th out of 36 countries.

Burkina Faso's annual unemployment rate fell to 5.17% in 2024, down from 5.35% in 2023.

Yearly Historical Data (1994-2021)

(in %)
Year Poverty Rate (%)
2021 42.1%
2018 47.7%
2014 58.7%
2009 67.2%
2003 69.6%
1998 86.4%
1994 87.6%
Burkina Faso Poverty Rate : Definition
Poverty Rate measures the percentage of people in Burkina Faso living on less than $3.00 per day, adjusted for purchasing power parity (PPP, 2021 prices).
Indicator Last Value Prior Value Period
Adult Literacy Rate 34.5% 37% 2022
Gini Index 37.4 points 43 points 2021
Happiness Index 4.38 points 4.55 points 2024
Homicide Rate 1.25 1.12 2017
Population 23.55M 23.03M 2024
Primary Enrollment Rate 72.32% 82.36% 2023