Gross Capital Formation (As % of GDP) rose to 17.0% in Burkina Faso in 2019

Gross Capital Formation (As % of GDP) (%)
Economy | Burkina Faso | January 01, 2020
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Gross capital formation as a share of GDP reached 17.0 % in 2019 in Burkina Faso, according to the National Statistical Office. This is 4.3 % more than in the previous year.

Historically, gross capital formation as a share of GDP in Burkina Faso reached an all time high of 17.0 % in 2019 and an all time low of 0.080 % in 1966. When compared to Burkina Faso's main peers, gross capital formation as a share of GDP in Ghana amounted to 14.7 %, 24.7 % in Ivory Coast, 19.0 % in Mali and 40.8 % in Niger in 2019.

Burkina Faso has been ranked 140th within the group of 163 countries we follow in terms of gross capital formation as a share of GDP, 73 places behind the position seen 10 years ago.

Measures the value of acquisitions of new or existing fixed assets by the business sector, governments and "pure" households (excluding their unincorporated enterprises), less disposals of fixed assets.

Gross Capital Formation (As % of GDP) Unit 2015 2016 2017 2018 2019 2020 2021 2022 2023
Algeria % 0.484% 50.6% 46.1% 40.9% 37.8%
Benin % 0.284% 28.4% 28.7% 29.4% 30.2%
Burkina Faso % 0.228% 16.3% 17.0% 17.1% 17.2%
Chad % 0.216% 23.6% 25.8% 24.1% 24.5%
Ghana % 0.220% 13.8% 14.7% 15.0% 17.4%
Guinea % 0.738% 19.8% 16.0% 20.1% 17.8%
Ivory Coast % 0.176% 23.7% 24.7% 25.8% 27.4%
Liberia % 0.205% ... ... ... ...
Libya % 43.3% 33.4% 30.7% 29.7% 28.4%
Mali % 0.221% 19.4% 19.0% 19.4% 19.5%
Mauritania % 0.498% 41.1% 43.3% 36.8% 35.9%
Niger % 0.337% 38.5% 40.8% 42.3% 38.9%
Togo % 0.267% 28.2% 26.4% 28.0% 29.0%