Friday, June 21, 2024

Burkina Faso Economy 6-21-24

Nominal GDP $20.785B, Per capita GDP $888.03, Population 23,251,485, Debt to GDP 61.2%, Inflation 16.8%, Unemployment 5%, Labor force participation rate 62.6%, Land area 105,638 sq miles, Arable land 20%, Urban 32.5% Rural 67.5%, Exports $8.2B, Imports $5.28B, Trade Surplus $2.92B

The top exports of Burkina Faso are Gold ($6.74B), Raw Cotton ($502M), Other Oily Seeds ($169M), Coconuts, Brazil Nuts, and Cashews ($168M), and Zinc Ore ($162M), exporting mostly to Switzerland ($6.08B), United Arab Emirates ($538M), Mali ($304M), Singapore ($173M), and Cote d'Ivoire ($171M).

The top imports of Burkina Faso are Refined Petroleum ($1.19B), Electricity ($166M), Packaged Medicaments ($164M), Petroleum Gas ($126M), and Cement ($124M), importing mostly from Cote d'Ivoire ($845M), China ($620M), Russia ($391M), France ($384M), and Ghana ($285M).

https://oec.world/en/profile/country/bfa

Norb Leahy, Dunwoody GA Tea Party Leader

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