Subsidies and other transfers in Burkina Faso
Burkina Faso: Subsidies and other transfers was 726.91 billion current LCU in 2024. ◆ Volatile
Subsidies and other transfers in Burkina Faso, 2002–2024
Source: Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in current LCU.
Analysis
Burkina Faso recorded 726.91 billion current LCU for subsidies and other transfers in 2024.
Compared with earlier readings it is down 13.2% on the previous year and up 542.7% over ten years.
Over the whole period, subsidies and other transfers in Burkina Faso peaked at 1.20 trillion current LCU in 2022 and was at its lowest, 19.32 billion current LCU, in 2002.
Burkina Faso ranks 49th of 153 countries on this measure, in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Subsidies and other transfers in Burkina Faso, year by year
| Year | current LCU | Change |
|---|---|---|
| 2002 | 19.32 billion current LCU | — |
| 2003 | 26.46 billion current LCU | +37.0% |
| 2004 | 26.79 billion current LCU | +1.2% |
| 2005 | 33.09 billion current LCU | +23.5% |
| 2006 | 42.42 billion current LCU | +28.2% |
| 2007 | 43.54 billion current LCU | +2.6% |
| 2008 | 43.43 billion current LCU | -0.3% |
| 2009 | 55.51 billion current LCU | +27.8% |
| 2010 | 62.74 billion current LCU | +13.0% |
| 2011 | 68.40 billion current LCU | +9.0% |
| 2012 | 74.32 billion current LCU | +8.7% |
| 2013 | 68.33 billion current LCU | -8.1% |
| 2014 | 113.10 billion current LCU | +65.5% |
| 2015 | 99.79 billion current LCU | -11.8% |
| 2016 | 151.00 billion current LCU | +51.3% |
| 2017 | 297.14 billion current LCU | +96.8% |
| 2018 | 277.38 billion current LCU | -6.6% |
| 2019 | 343.04 billion current LCU | +23.7% |
| 2020 | 625.20 billion current LCU | +82.3% |
| 2021 | 719.30 billion current LCU | +15.1% |
| 2022 | 1.20 trillion current LCU | +66.4% |
| 2023 | 837.16 billion current LCU | -30.1% |
| 2024 | 726.91 billion current LCU | -13.2% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 36.32 billion current LCU | 19.32 billion current LCU | 55.51 billion current LCU | 8 |
| 2010s | 155.52 billion current LCU | 62.74 billion current LCU | 343.04 billion current LCU | 10 |
| 2020s | 821.17 billion current LCU | 625.20 billion current LCU | 1.20 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 subsidies and other transfers in Burkina Faso?
- Subsidies and other transfers in Burkina Faso was 726.91 billion current LCU in 2024, according to Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF).
- What is the highest subsidies and other transfers recorded in Burkina Faso?
- The highest recorded value was 1.20 trillion current LCU in 2022.
- What is the lowest subsidies and other transfers recorded in Burkina Faso?
- The lowest recorded value was 19.32 billion current LCU in 2002.
- How does Burkina Faso rank for subsidies and other transfers?
- Burkina Faso ranks 49th out of 153 countries with data for 2024.
- Is subsidies and other transfers rising or falling in Burkina Faso?
- Over the last ten years it is up 542.7%. 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 Subsidies and other transfers (current LCU). Statizoid updates them automatically from the source API.
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About this data
Subsidies are current unrequited payments that government units, including nonresident government units, make to enterprises on the basis of the levels of their production activities or the quantities or values of the goods or services that they produce, sell, export or import. 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.