HistoryCentral · Nation by Nation
HistoryCentral Est. 1996
Flag of Burkina Faso
flag — Burkina Faso
Nation by Nation

Burkina Faso

Economy

$23.1 billion
GDP
World Bank · 2024
$982
GDP / Capita
World Bank · 2024
+4.8%
GDP Growth
World Bank · 2024
3.4%
Unemployment
World Bank · 2024

Burkina Faso is a poor, landlocked Sahelian economy heavily dependent on agriculture and gold, with much of its population engaged in subsistence farming and livestock in a harsh, drought-prone environment.

Gold has become the leading export, but a spreading jihadist insurgency and recent military coups have displaced millions and disrupted the economy.

Key Sectors

The economy rests on gold mining (the top export), cotton, and subsistence agriculture and livestock, all increasingly disrupted by insecurity.

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