Compensation of employees in Burkina Faso
Burkina Faso: Compensation of employees was 1.07 trillion current LCU in 2024. ◆ Volatile
Compensation of employees in Burkina Faso, 2002–2024
Source: Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in current LCU.
Analysis
In 2024, compensation of employees in Burkina Faso stood at 1.07 trillion current LCU. That is the highest value across all 23 years on record.
That represents a change of up 9.7% on the previous year and up 143.7% over ten years.
Over the whole period, compensation of employees in Burkina Faso peaked at 1.07 trillion current LCU in 2024 and was at its lowest, 103.10 billion current LCU, in 2002.
Burkina Faso ranks 33rd of 156 countries on this measure, in the top quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Compensation of employees in Burkina Faso, year by year
| Year | current LCU | Change |
|---|---|---|
| 2002 | 103.10 billion current LCU | — |
| 2003 | 112.53 billion current LCU | +9.1% |
| 2004 | 123.54 billion current LCU | +9.8% |
| 2005 | 141.29 billion current LCU | +14.4% |
| 2006 | 159.95 billion current LCU | +13.2% |
| 2007 | 187.60 billion current LCU | +17.3% |
| 2008 | 198.83 billion current LCU | +6.0% |
| 2009 | 228.44 billion current LCU | +14.9% |
| 2010 | 245.82 billion current LCU | +7.6% |
| 2011 | 281.39 billion current LCU | +14.5% |
| 2012 | 332.34 billion current LCU | +18.1% |
| 2013 | 355.52 billion current LCU | +7.0% |
| 2014 | 437.29 billion current LCU | +23.0% |
| 2015 | 468.53 billion current LCU | +7.1% |
| 2016 | 554.50 billion current LCU | +18.3% |
| 2017 | 618.09 billion current LCU | +11.5% |
| 2018 | 704.54 billion current LCU | +14.0% |
| 2019 | 840.08 billion current LCU | +19.2% |
| 2020 | 891.11 billion current LCU | +6.1% |
| 2021 | 942.62 billion current LCU | +5.8% |
| 2022 | 937.93 billion current LCU | -0.5% |
| 2023 | 971.97 billion current LCU | +3.6% |
| 2024 | 1.07 trillion current LCU | +9.7% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 156.91 billion current LCU | 103.10 billion current LCU | 228.44 billion current LCU | 8 |
| 2010s | 483.81 billion current LCU | 245.82 billion current LCU | 840.08 billion current LCU | 10 |
| 2020s | 961.90 billion current LCU | 891.11 billion current LCU | 1.07 trillion current LCU | 5 |
Countries ranked near Burkina Faso
More public sector data for Burkina Faso
- Arms imports 37.00 million SIPRI trend indicator values (2024)
- Arms imports (SIPRI trend indicator values), per capita 1.57 SIPRI trend indicator values per person (2024)
- Arms imports (SIPRI trend indicator values), per unit of GDP 0.0016 SIPRI trend indicator values per US$ of GDP (2024)
- Arms imports (SIPRI trend indicator values), annual growth rate 94.74 % change on previous year (2024)
- Arms imports (SIPRI trend indicator values), gaps filled 37.00 million SIPRI trend indicator values (2024)
- Military expenditure (current USD), per capita 43.47 current USD per person (2024)
- Military expenditure (current USD), per unit of GDP 0.0442 current USD per US$ of GDP (2024)
- Military expenditure (current USD), annual growth rate 23.76 % change on previous year (2024)
- Military expenditure (current USD), gaps filled 1.02 billion current USD (2024)
- Arms imports (SIPRI trend indicator values), per square kilometre 69.44 SIPRI trend indicator values per square kilometre (2023)
Frequently asked questions
- What is compensation of employees in Burkina Faso?
- Compensation of employees in Burkina Faso was 1.07 trillion current LCU in 2024, according to Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF).
- What is the highest compensation of employees recorded in Burkina Faso?
- The highest recorded value was 1.07 trillion current LCU in 2024.
- What is the lowest compensation of employees recorded in Burkina Faso?
- The lowest recorded value was 103.10 billion current LCU in 2002.
- How does Burkina Faso rank for compensation of employees?
- Burkina Faso ranks 33rd out of 156 countries with data for 2024.
- Is compensation of employees rising or falling in Burkina Faso?
- Over the last ten years it is up 143.7%. The long-run trend across the full record is volatile.
- Where does this Burkina Faso data come from?
- The figures come from Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF), published as part of Compensation of employees (current LCU). Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 23 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
About this data
Compensation of employees is defined as the total remuneration, in cash or in kind, payable by an enterprise to an employee in return for work done by the latter during the accounting period. This indicator is expressed in current prices, meaning no adjustment has been made to account for price changes over time. This series is expressed in local currency units.