Subsidies and other transfers in Burkina Faso
Burkina Faso: Subsidies and other transfers was 35.1% in 2023. ◆ Volatile
Subsidies and other transfers 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 35.1% for subsidies and other transfers in 2023.
Compared with earlier readings it is down 22.5% on the previous year and up 320.3% over ten years.
Over the whole period, subsidies and other transfers in Burkina Faso peaked at 45.3% in 2022 and was at its lowest, 7.7%, in 2002.
Burkina Faso ranks 84th of 152 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 | % of expense | Change |
|---|---|---|
| 2002 | 7.7% | — |
| 2003 | 10.3% | +33.8% |
| 2004 | 9.2% | -11.5% |
| 2005 | 10.0% | +9.3% |
| 2006 | 11.0% | +9.9% |
| 2007 | 9.7% | -11.9% |
| 2008 | 9.6% | -1.2% |
| 2009 | 11.1% | +16.2% |
| 2010 | 11.8% | +6.4% |
| 2011 | 10.9% | -8.0% |
| 2012 | 9.0% | -17.6% |
| 2013 | 8.3% | -7.0% |
| 2014 | 12.8% | +52.9% |
| 2015 | 10.8% | -15.3% |
| 2016 | 13.5% | +24.9% |
| 2017 | 19.6% | +45.3% |
| 2018 | 18.1% | -7.8% |
| 2019 | 20.0% | +10.8% |
| 2020 | 34.0% | +69.7% |
| 2021 | 33.2% | -2.5% |
| 2022 | 45.3% | +36.5% |
| 2023 | 35.1% | -22.5% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 9.8% | 7.7% | 11.1% | 8 |
| 2010s | 13.5% | 8.3% | 20.0% | 10 |
| 2020s | 36.9% | 33.2% | 45.3% | 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 subsidies and other transfers in Burkina Faso?
- Subsidies and other transfers in Burkina Faso was 35.1% in 2023, 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 45.3% in 2022.
- What is the lowest subsidies and other transfers recorded in Burkina Faso?
- The lowest recorded value was 7.7% in 2002.
- How does Burkina Faso rank for subsidies and other transfers?
- Burkina Faso ranks 84th out of 152 countries with data for 2023.
- Is subsidies and other transfers rising or falling in Burkina Faso?
- Over the last ten years it is up 320.3%. 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 (% of expense). 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 as percentage of total expenses which is any decrease in net worth resulting from a transaction.