Interest payments in Burkina Faso
Burkina Faso: Interest payments was 11.9% in 2023. ▲ Rising
Interest payments in Burkina Faso, 2002–2023
Source: Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in % of expense.
Analysis
Burkina Faso recorded 11.9% for interest payments in 2023. That is the highest value across all 22 years on record.
Compared with earlier readings it is up 42.2% on the previous year and up 181.2% over ten years.
Over the whole period, interest payments in Burkina Faso peaked at 11.9% in 2023 and was at its lowest, 2.8%, in 2008.
That places Burkina Faso 43rd out of 152 countries with data for 2023, putting it in the middle of the range.
The long-run direction has been consistently rising across the 22 years of available data.
Interest payments in Burkina Faso, year by year
| Year | % of expense | Change |
|---|---|---|
| 2002 | 6.7% | — |
| 2003 | 6.6% | -1.7% |
| 2004 | 6.5% | -0.4% |
| 2005 | 5.5% | -15.9% |
| 2006 | 4.5% | -18.1% |
| 2007 | 2.9% | -35.4% |
| 2008 | 2.8% | -3.7% |
| 2009 | 3.4% | +20.8% |
| 2010 | 4.0% | +19.2% |
| 2011 | 4.5% | +11.8% |
| 2012 | 5.0% | +12.0% |
| 2013 | 4.2% | -15.9% |
| 2014 | 5.0% | +17.0% |
| 2015 | 4.7% | -4.5% |
| 2016 | 5.8% | +23.2% |
| 2017 | 4.6% | -21.4% |
| 2018 | 6.3% | +38.2% |
| 2019 | 6.7% | +5.5% |
| 2020 | 7.6% | +13.8% |
| 2021 | 8.9% | +16.6% |
| 2022 | 8.4% | -5.5% |
| 2023 | 11.9% | +42.2% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 4.9% | 2.8% | 6.7% | 8 |
| 2010s | 5.1% | 4.0% | 6.7% | 10 |
| 2020s | 9.2% | 7.6% | 11.9% | 4 |
Countries ranked near Burkina Faso
- 40 Tanzania, United Republic of 12.6% compare
- 41 Papua New Guinea 12.3% compare
- 42 Guatemala 12.0% compare
- 44 Congo 11.5% compare
- 45 Mozambique 11.3% compare
- 46 Türkiye 11.0% compare
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 interest payments in Burkina Faso?
- Interest payments in Burkina Faso was 11.9% in 2023, according to Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF).
- What is the highest interest payments recorded in Burkina Faso?
- The highest recorded value was 11.9% in 2023.
- What is the lowest interest payments recorded in Burkina Faso?
- The lowest recorded value was 2.8% in 2008.
- How does Burkina Faso rank for interest payments?
- Burkina Faso ranks 43rd out of 152 countries with data for 2023.
- Is interest payments rising or falling in Burkina Faso?
- Over the last ten years it is up 181.2%. The long-run trend across the full record is rising.
- 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 Interest payments (% of expense). Statizoid updates them automatically from the source API.
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About this data
Interest payments include interest payments on government debt (including long-term bonds, long-term loans, and other debt instruments) to domestic and foreign residents. This indicator is expressed as percentage of total expenses which is any decrease in net worth resulting from a transaction.