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Burkina Faso Trade (% GDP)

Burkina Faso's trade (% GDP) fell to 63.43% in 2024, down from 64.82% in 2023, according to World Bank. This represents a decrease of 1.39% from the previous year. Burkina Faso has trade (% GDP) lower than the global median (63.43% vs median 84.49%). Compared with the median in Africa, Burkina Faso is higher (63.43% vs regional median 62.95%) and ranks 24th out of 48 countries in Africa.

Yearly Historical Data (1960-2024)

(in %)
Year Trade (% GDP)
2024 63.43%
2023 64.82%
2022 64.84%
2021 62.42%
2020 60.74%
2019 60.41%
2018 60.6%
2017 59.27%
2016 57.89%
2015 59.09%
2014 58.82%
2013 64.04%
2012 61.24%
2011 57.5%
2010 49.07%
2009 40.3%
2008 35.39%
2007 33.78%
2006 35.11%
2005 34.17%
2004 35.48%
2003 30.37%
2002 31.31%
2001 31.66%
2000 35.12%
1999 35.25%
1998 40.94%
1997 37.42%
1996 38.18%
1995 40.75%
1994 39.23%
1993 29.63%
1992 28.37%
1991 33.8%
1990 35.42%
1989 32.39%
1988 38.13%
1987 39.44%
1986 37.96%
1985 40.95%
1984 39.72%
1983 37.46%
1982 39.82%
1981 40.71%
1980 40.21%
1979 37.53%
1978 35.22%
1977 38.4%
1976 35.21%
1975 37.5%
1974 32.79%
1973 29.23%
1972 27.69%
1971 25.44%
1970 21.6%
1969 22.35%
1968 21.49%
1967 18.86%
1966 16.7%
1965 16.03%
1964 14.32%
1963 21.25%
1962 21.24%
1961 21.22%
1960 20.7%
Burkina Faso Trade (% GDP) : Definition
Trade (% GDP) measures the sum of exports and imports for Burkina Faso divided by its total economic output, shown as a percentage.
Indicator Last Value Prior Value Period
Annual Exports $5.64B $4.46B 2024
Annual Imports $6.43B $5.88B 2024
Exports (% GDP) 28.49% 28.86% 2024
FDI Inflows (% GDP) 0.54% 3.56% 2023
Imports (% GDP) 34.94% 35.96% 2024
Net Trade (Goods & Services, BoP) -$922.32M -$947.07M 2023
Tariff Rate 11.44% 11.33% 2022