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20 May 2013
   
 
 
Article by: Motshabi Hoaeane

Burkina Faso


Capital city: Ouagadougou
Languages: French (official); native African languages belonging to the Sudanic family (other)

Economic profile
Monetary unit: West African CFA franc (1CFAfr = $0.001874)1
GDP per capita: $1 3132
GDP composition by sector:
Agriculture: 34.7%3
Industry: 23.3%3
Services: 42%3
GDP growth rate: 5.1%4
Consumer price inflation: 2.8%5
Industries: Cotton lint, beverages, agricultural processing, soap, cigarettes, textiles, gold3
Exports of goods and nonfactor services: Cotton, not carded or combed (37.4%); black tea and decaffeinated (70.2%); other partly fermented tea (13.1%)6
Import commodities: Capital goods, foodstuffs, petroleum3
Reserves (excluding gold, in million dollars): 843.37
Foreign direct investment (in million dollars): 378
 

Budget:
Government revenue, including grants (as percentage of GDP): 17.2%9
Government expenditure and net lending: 25.3%9
 

Social profile
Population (in thousands): 35 98010
Population growth: 2.9%10
Life expectancy at birth (in years): 55.411
Adult literacy (people over 15): 28.7%12
School enrolment primary (total gross enrolment): 79.4%13
School enrolment secondary (total gross enrolment): 22.6%13
School enrolment tertiary: 4%14
Unemployment: 77%3
Number of people living with HIV/Aids: 1.2%15

 

1 http:// www.exchangerate.com
2 African Economic Outlook. Basic indicators (2011).
3 Central Intelligence Agency. World Factbook: Economy (2011).


4 African Economic Outlook. Real GDP growth rates (2011).
5 African Economic Outlook. Monetary indicators: inflation (2011).

6 African Economic Outlook. Exports (2010).
7 African Economic Outlook. Monetary indicators: reserves (2011).
8 African Economic Outlook. Foreign direct investment (2010).
9 African Economic Outlook. Public finances (2011).

10African Economic Outlook. Demographic indicator (2010).

11 African Economic Outlook. Basic health indicators (2011).
12 African Economic Outlook. Basic education indicators (2009).
13 African Economic Outlook. School enrolment (2011).

14 World Bank. School enrolment tertiary (2010 to 2011).

15 African Economic Outlook. Major diseases (2009).
 


 

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