Goods and services expense in Burkina Faso
Burkina Faso: Goods and services expense was 9.7% in 2023. ▼ Falling
Goods and services expense in Burkina Faso, 2002–2023
Source: Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in % of expense.
Analysis
The most recent figure for goods and services expense in Burkina Faso is 9.7%, measured in 2023.
The figure is up 0.7% on the previous year and down 33.1% over ten years.
Over the whole period, goods and services expense in Burkina Faso peaked at 25.0% in 2002 and was at its lowest, 9.0%, in 2021.
That places Burkina Faso 105th out of 154 countries with data for 2023, putting it in the middle of the range.
The long-run direction has been consistently falling across the 22 years of available data.
Goods and services expense in Burkina Faso, year by year
| Year | % of expense | Change |
|---|---|---|
| 2002 | 25.0% | — |
| 2003 | 22.0% | -12.1% |
| 2004 | 23.0% | +4.6% |
| 2005 | 22.7% | -1.3% |
| 2006 | 21.3% | -6.2% |
| 2007 | 21.1% | -1.0% |
| 2008 | 21.0% | -0.4% |
| 2009 | 19.1% | -9.3% |
| 2010 | 17.1% | -10.1% |
| 2011 | 15.5% | -9.7% |
| 2012 | 14.6% | -5.9% |
| 2013 | 14.5% | -0.5% |
| 2014 | 11.5% | -20.3% |
| 2015 | 11.9% | +2.7% |
| 2016 | 11.4% | -3.5% |
| 2017 | 22.8% | +99.6% |
| 2018 | 21.4% | -6.4% |
| 2019 | 13.5% | -37.1% |
| 2020 | 9.6% | -28.8% |
| 2021 | 9.0% | -5.5% |
| 2022 | 9.6% | +6.4% |
| 2023 | 9.7% | +0.7% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 21.9% | 19.1% | 25.0% | 8 |
| 2010s | 15.4% | 11.4% | 22.8% | 10 |
| 2020s | 9.5% | 9.0% | 9.7% | 4 |
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 goods and services expense in Burkina Faso?
- Goods and services expense in Burkina Faso was 9.7% in 2023, according to Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF).
- What is the highest goods and services expense recorded in Burkina Faso?
- The highest recorded value was 25.0% in 2002.
- What is the lowest goods and services expense recorded in Burkina Faso?
- The lowest recorded value was 9.0% in 2021.
- How does Burkina Faso rank for goods and services expense?
- Burkina Faso ranks 105th out of 154 countries with data for 2023.
- Is goods and services expense rising or falling in Burkina Faso?
- Over the last ten years it is down 33.1%. The long-run trend across the full record is falling.
- 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 Goods and services expense (% of expense). Statizoid updates them automatically from the source API.
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About this data
Goods and services include all government payments in exchange for goods and services used for the production of market and nonmarket goods and services. Use of goods and services for own account capital formation is excluded. This indicator is expressed as percentage of total expenses which is any decrease in net worth resulting from a transaction.