Net incurrence of liabilities, total in Burkina Faso
Burkina Faso: Net incurrence of liabilities, total was 900.19 billion current LCU in 2024. ◆ Volatile
Net incurrence of liabilities, total in Burkina Faso, 2002–2024
Source: Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in current LCU.
Analysis
In 2024, net incurrence of liabilities, total in Burkina Faso stood at 900.19 billion current LCU.
The figure is up 23.5% on the previous year and up 379.0% over ten years.
Over the whole period, net incurrence of liabilities, total in Burkina Faso peaked at 1.08 trillion current LCU in 2022 and was at its lowest, 56.51 billion current LCU, in 2003.
Burkina Faso ranks 32nd of 136 countries on this measure, in the top quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Net incurrence of liabilities, total in Burkina Faso, year by year
| Year | current LCU | Change |
|---|---|---|
| 2002 | 107.53 billion current LCU | — |
| 2003 | 56.51 billion current LCU | -47.5% |
| 2004 | 115.43 billion current LCU | +104.3% |
| 2005 | 146.83 billion current LCU | +27.2% |
| 2006 | 161.76 billion current LCU | +10.2% |
| 2007 | 321.05 billion current LCU | +98.5% |
| 2008 | 78.79 billion current LCU | -75.5% |
| 2009 | 268.43 billion current LCU | +240.7% |
| 2010 | 219.52 billion current LCU | -18.2% |
| 2011 | 117.17 billion current LCU | -46.6% |
| 2012 | 260.23 billion current LCU | +122.1% |
| 2013 | 168.08 billion current LCU | -35.4% |
| 2014 | 187.93 billion current LCU | +11.8% |
| 2015 | 73.32 billion current LCU | -61.0% |
| 2016 | 342.40 billion current LCU | +367.0% |
| 2017 | 473.99 billion current LCU | +38.4% |
| 2018 | 330.14 billion current LCU | -30.3% |
| 2019 | 246.01 billion current LCU | -25.5% |
| 2020 | 526.24 billion current LCU | +113.9% |
| 2021 | 1.05 trillion current LCU | +99.8% |
| 2022 | 1.08 trillion current LCU | +2.6% |
| 2023 | 728.73 billion current LCU | -32.4% |
| 2024 | 900.19 billion current LCU | +23.5% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 157.04 billion current LCU | 56.51 billion current LCU | 321.05 billion current LCU | 8 |
| 2010s | 241.88 billion current LCU | 73.32 billion current LCU | 473.99 billion current LCU | 10 |
| 2020s | 856.98 billion current LCU | 526.24 billion current LCU | 1.08 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 net incurrence of liabilities, total in Burkina Faso?
- Net incurrence of liabilities, total in Burkina Faso was 900.19 billion current LCU in 2024, according to Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF).
- What is the highest net incurrence of liabilities, total recorded in Burkina Faso?
- The highest recorded value was 1.08 trillion current LCU in 2022.
- What is the lowest net incurrence of liabilities, total recorded in Burkina Faso?
- The lowest recorded value was 56.51 billion current LCU in 2003.
- How does Burkina Faso rank for net incurrence of liabilities, total?
- Burkina Faso ranks 32nd out of 136 countries with data for 2024.
- Is net incurrence of liabilities, total rising or falling in Burkina Faso?
- Over the last ten years it is up 379.0%. 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 Net incurrence of liabilities, total (current LCU). Statizoid updates them automatically from the source API.
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About this data
Net incurrence of government liabilities includes foreign financing (obtained from nonresidents) and domestic financing (obtained from residents), or the means by which a government provides financial resources to cover a budget deficit or allocates financial resources arising from a budget surplus. The net incurrence of liabilities should be offset by the net acquisition of financial assets. 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.