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Economy of Australia vs Burkina Faso compared: GDP & Debt

Updated on by Georank

Australia has a GDP of $1.8T compared to $27.6B for Burkina Faso, ranking 15/197 and 119/197 by economy size, respectively.

Australia has $918B in government debt (51% of GDP), compared to $14.4B (52% of GDP) in Burkina Faso.

Australia vs Burkina Faso GDP by year

Australia
Burkina Faso
1x
Year GDP, current $
Australia Burkina Faso
2025 $1,798,518,933,689 $27,627,297,461
2024 $1,757,022,451,653 $23,136,514,856
2023 $1,734,451,264,656 $20,106,062,972
2022 $1,695,627,535,476 $18,622,421,395
2021 $1,560,617,493,203 $19,697,516,284
2020 $1,333,336,461,648 $17,725,010,533
2019 $1,398,349,602,956 $16,032,813,503
2018 $1,433,144,978,762 $15,890,066,221
2017 $1,330,890,554,614 $14,106,955,615
2016 $1,211,588,128,418 $12,833,363,045
2015 $1,356,805,839,936 $11,832,159,316
2014 $1,474,677,007,566 $13,943,016,077
2013 $1,583,737,461,925 $13,444,300,486
2012 $1,552,728,401,402 $12,561,015,157
2011 $1,402,939,868,653 $12,080,295,978
2010 $1,152,566,632,022 $10,109,619,741
2009 $931,761,689,771 $9,450,696,873
2008 $1,058,448,244,064 $9,451,435,490
2007 $856,603,595,823 $7,625,722,837
2006 $749,708,370,333 $6,547,419,820
2005 $696,811,489,613 $6,146,353,173
2004 $615,643,050,221 $5,451,688,538
2003 $468,517,181,130 $4,740,768,143
2002 $396,436,967,263 $3,622,350,063
2001 $380,360,222,861 $3,190,371,081
2000 $416,901,962,163 $2,968,370,088
1999 $390,347,787,943 $3,389,566,713
1998 $400,361,527,505 $2,804,902,367
1997 $436,321,902,767 $2,447,669,102
1996 $401,962,517,479 $2,586,550,595
1995 $368,725,126,225 $2,379,517,975
1994 $323,269,456,935 $1,895,290,637
1993 $312,568,858,910 $3,199,536,465
1992 $325,982,966,981 $3,356,692,505
1991 $326,416,407,861 $3,135,045,584
1990 $311,840,666,465 $3,101,300,779
1989 $300,264,309,002 $2,615,587,734
1988 $236,461,079,970 $2,616,040,479
1987 $189,726,707,253 $2,369,834,950
1986 $182,707,050,923 $2,036,303,358
1985 $180,861,108,959 $1,552,493,196
1984 $193,749,932,078 $1,459,880,132
1983 $177,523,719,680 $1,600,278,605
1982 $194,323,071,831 $1,754,450,096
1981 $177,151,979,566 $1,775,842,334
1980 $150,200,557,103 $1,928,719,888
1979 $135,093,718,051 $1,748,480,621
1978 $118,660,813,780 $1,475,583,645
1977 $110,504,702,914 $1,131,224,878
1976 $105,209,354,856 $976,547,188
1975 $97,440,939,506 $939,972,703
1974 $89,086,219,602 $751,133,430
1973 $63,923,126,201 $674,773,570
1972 $52,117,990,654 $578,595,522
1971 $45,283,847,245 $482,411,179
1970 $41,395,206,623 $458,404,269
1969 $36,738,245,878 $478,298,645
1968 $32,763,365,242 $460,442,689
1967 $30,487,524,878 $450,753,924
1966 $27,349,284,376 $433,889,766
1965 $26,014,244,162 $422,916,790
1964 $23,835,843,814 $410,321,645
1963 $21,573,443,452 $394,040,667
1962 $19,953,923,193 $379,567,099
1961 $19,713,123,154 $350,247,234
1960 $18,635,682,982 $330,442,816

Data sources: World Bank | Economy & Growth (1960–2025, retrieved 2026-07-08).

GeoRank.org/economy/australia/burkina-faso | CC BY

GDP per capita in Australia vs Burkina Faso by year

Australia
GDP per capita

GDP per capita, PPP
Burkina Faso
GDP per capita

GDP per capita, PPP
1x
Year Current $
Australia Burkina Faso
GDP per capita GDP per capita, PPP GDP per capita GDP per capita, PPP
2025 $65,130 - $1,148 -
2024 $64,610 $72,111 $982 $2,896
2023 $65,058 $72,273 $873 $2,759
2022 $65,170 $66,103 $827 $2,645
2021 $60,759 $58,327 $896 $2,486
2020 $51,983 $54,184 $825 $2,381
2019 $55,195 $52,886 $765 $2,232
2018 $57,410 $50,371 $777 $2,073
2017 $54,118 $48,565 $709 $2,042
2016 $50,084 $47,446 $664 $1,882
2015 $56,970 $46,465 $630 $1,692
2014 $62,817 $47,109 $765 $1,661
2013 $68,477 $46,123 $760 $1,643
2012 $68,301 $43,007 $731 $1,572
2011 $62,799 $42,153 $725 $1,531
2010 $52,314 $39,504 $625 $1,449
2009 $42,955 $40,434 $602 $1,360
2008 $49,811 $37,616 $619 $1,351
2007 $41,128 $36,708 $515 $1,290
2006 $36,659 $34,890 $456 $1,244
2005 $34,535 $33,090 $441 $1,172
2004 $30,886 $31,815 $404 $1,079
2003 $23,758 $30,167 $362 $1,038
2002 $20,335 $29,080 $285.7 $974
2001 $19,734 $27,688 $259.5 $948
2000 $21,909 $26,585 $248.9 $896
1999 $20,750 $25,531 $292.8 $886
1998 $21,516 $24,386 $249.5 $838
1997 $23,683 $23,142 $223.9 $794
1996 $22,056 $22,134 $242.7 $753
1995 $20,479 $21,050 $229.1 $684
1994 $18,156 $20,174 $187.2 $650
1993 $17,725 $19,220 $324 $644
1992 $18,650 $18,259 $349 $623
1991 $18,885 $17,839 $334 $623
1990 $18,274 $17,385 $339 $567
1989 $17,858 - $293.2 -
1988 $14,303 - $301 -
1987 $11,666 - $280.2 -
1986 $11,406 - $247.5 -
1985 $11,455 - $194.1 -
1984 $12,436 - $187.8 -
1983 $11,532 - $211.9 -
1982 $12,798 - $239 -
1981 $11,871 - $248.7 -
1980 $10,223 - $277.6 -
1979 $9,308 - $258.5 -
1978 $8,264 - $223.9 -
1977 $7,786 - $176 -
1976 $7,497 - $155.5 -
1975 $7,014 - $152.9 -
1974 $6,492 - $124.7 -
1973 $4,778 - $114.1 -
1972 $3,955 - $99.6 -
1971 $3,500 - $84.5 -
1970 $3,310 - $81.7 -
1969 $2,996 - $86.8 -
1968 $2,728 - $85 -
1967 $2,584 - $84.6 -
1966 $2,347 - $82.8 -
1965 $2,284 - $82.1 -
1964 $2,134 - $80.9 -
1963 $1,970 - $78.9 -
1962 $1,858 - $77.2 -
1961 $1,880 - $72.2 -
1960 $1,813 - $69.2 -

Data sources: World Bank | Economy & Growth (1960–2025, retrieved 2026-07-08).

GeoRank.org/economy/australia/burkina-faso | CC BY

Australia's GDP per capita is $65,130, ranking 14/197, compared to $1,148 in Burkina Faso, ranking 176/197. Adjusted for purchasing power (GDP per capita PPP), Australia ranks 22nd at $72,111, while Burkina Faso ranks 181st at $2,896.

Economic indicators

Australia Burkina Faso
Gross domestic product
$1.8T
2025
$27.6B
2025
GDP rank
15/197
2025
119/197
2025
GDP growth
1.35%
2024-2025
5.29%
2024-2025
GDP per capita
$65,130
2025
$1,148
2025
GDP per capita rank
14/197
2025
176/197
2025
GDP per capita, PPP
$72,111
2024
$2,896
2024
GDP per capita PPP rank
22/197
2024
181/197
2024
Government debt
$918B
2025
$14.4B
2025
Debt-to-GDP ratio
51%
2025
52%
2025
Government debt per person
$33,239
2025
$597
2025
Government debt per person rank
22/185
2025
163/185
2025
Average annual personal income after taxes
$50,637
2026
$1,632
2026
Market capitalization of domestic companies
$2.05T
2025
n/a
Number of millionaires
1,634,000
2026
n/a
Number of billionaires
47
2026
n/a
Income share by richest 10%
25.9%
2020
30.2%
2021
Income share by poorest 10%
2.6%
2020
3%
2021
Government expenditure, % of GDP
39.5%
2025
26.1%
2025
Consumer prices inflation
2.87%
2024-2025
-0.59%
2024-2025
Central bank interest rate
4.35%
2026
n/a
Unemployment rate
4.2%
2025
7.09%
2025
Population
28010980
24880655

Spending and national debt comparison by year

Australia
Spending

Debt
Burkina Faso
Spending

Debt
1x
Year % of GDP
Australia Burkina Faso
Government spending Government debt Government spending Government debt
2025 39.5% 51% 26.1% 52%
2024 38.7% 50.6% 27.8% 57.2%
2023 37.4% 49.4% 29.4% 56.8%
2022 37.4% 50% 32.9% 59.2%
2021 41.7% 55.4% 27.8% 55.5%
2020 44.3% 56.9% 24.4% 43.6%
2019 38.8% 46.5% 23.3% 41.7%
2018 36.7% 41.6% 24.2% 38.1%
2017 36.6% 41% 26.3% 33.9%
2016 37.1% 40.5% 21.6% 32.9%
2015 37.1% 37.6% 20.4% 31.3%
2014 36.6% 33.9% 20.9% 26.1%
2013 36.2% 30.3% 25.3% 25.9%
2012 36.4% 27.4% 22.7% 25.2%
2011 36.2% 24% 20.4% 24.5%
2010 36.8% 20.3% 21.7% 23.7%
2009 37.6% 16.6% 21.5% 25.9%
2008 35% 11.7% 18.6% 24.9%
2007 34.2% 9.65% 22.8% 22.4%
2006 34.5% 9.92% 21.9% 20.1%
2005 34.5% 10.8% 20.2% 39.2%
2004 34.8% 11.9% 20.3% 40.7%
2003 34.9% 13.2% 17.6% 39.7%
2002 34.9% 15% 19.5% 43.3%
2001 35.6% 17.1% 19.7% 46.6%
2000 35.1% 19.5% 19.8% 47.5%
1999 36.2% 22.5% 21.4% 46.4%
1998 34.6% 23.7% 19.7% 47.7%
1997 32.8% 25.9% 20% 48.4%
1996 33.5% 29.3% 19.8% 45.8%
1995 33.6% 31.1% 19.4% 48.9%
1994 33.7% 31.7% 17.8% 55.1%
1993 34.1% 30.6% 17.9% 33.6%
1992 34% 27.6% 16.7% 29.6%
1991 33% 21.6% 17% 28.7%
1990 30.4% 16.4% 18.4% 25.6%
1989 34.5% 17% 14.2% 25.5%
1988 34.6% 20.5% 16.2% 28.8%
1987 36% 25.2% 19.2% 30.7%
1986 38.4% 25.5% 16.3% 27.6%
1985 38.7% 24% 11.5% 28.5%
1984 38.4% 22.3% - -
1983 37% 21% - -
1982 36.7% 16.8% - -
1981 33.4% 19.1% - -
1980 33.2% 21.2% - -
1979 32.5% 22.8% - -
1978 33.2% 24.7% - -
1977 34.1% 23.6% - -
1976 33.3% 22.9% - -
1975 33% 23.6% - -
1974 30.9% 22.3% - -
1973 26.6% 27.3% - -
1972 27% 30.7% - -
1971 26.1% 32.2% - -
1970 25.3% 34.9% - -
1969 24.7% 36.7% - -
1968 25.3% 39.4% - -
1967 26.4% 40.5% - -
1966 25.6% 42.4% - -
1965 25.8% 43.7% - -
1964 23.5% 44.9% - -
1963 23% 47.5% - -
1962 22.7% 50.2% - -
1961 23.3% 49.3% - -
1960 21.8% 48.3% - -

Data sources: International Monetary Fund (IMF) | Fiscal Monitor (1990–2025, retrieved 2026-07-08); International Monetary Fund (IMF) | Public Finances in Modern History (1960–2001, retrieved 2026-07-08).

GeoRank.org/economy/australia/burkina-faso | CC BY

In 2025, Australia's government spending was $710B, accounting for 39.5% of its GDP, while Burkina Faso spent $7.21B, or 26.1% of GDP.

Debt-to-GDP ratio is 51% in Australia and 52% in Burkina Faso, ranking 104/185 and 100/185, respectively.

Government deficit by year

Deficit/surplus
Australia

Burkina Faso
1x
Year Deficit/surplus, % of GDP
Australia Burkina Faso
2025 -2.78% -3.54%
2024 -2.25% -5.84%
2023 -1.26% -6.91%
2022 -2.21% -10.9%
2021 -6.35% -7.45%
2020 -8.7% -5.16%
2019 -4.39% -3.39%
2018 -1.25% -4.43%
2017 -1.71% -6.92%
2016 -2.41% -3.08%
2015 -2.78% -2.09%
2014 -2.91% -1.74%
2013 -2.8% -3.55%
2012 -3.5% -2.76%
2011 -4.51% -2.04%
2010 -5.1% -4.06%
2009 -4.55% -4.16%
2008 -1.1% -3.63%
2007 1.47% -5.01%
2006 1.77% 14.3%
2005 1.7% -4.89%
2004 1.32% -4.19%
2003 1.05% -1.79%
2002 0.19% -4.43%
2001 -0.03% -3.56%
2000 1.25% -3.03%
1999 0.66% -3.29%
1998 -0.25% -2.6%
1997 -0.49% -2.64%
1996 -1.45% -1.67%
1995 -2.6% -2.65%
1994 -3.79% -1.89%
1993 -4.72% -3.81%
1992 -4.74% -2.51%
1991 -2.78% -2.77%
1990 -0.23% -7.54%
1989 -1.29% 1.96%
1988 -0.77% -4.32%
1987 -1.66% -5.27%
1986 -3.5% -5.1%
1985 -5.24% -1.21%
1984 -5.48% -
1983 -5.66% -
1982 -5.19% -
1981 -3.25% -
1980 -2.87% -
1979 -2.32% -
1978 -4.19% -
1977 -4.39% -
1976 -3.44% -
1975 -3.47% -
1974 -2.46% -
1973 0.16% -
1972 -0.97% -
1971 -0.23% -
1970 -0.23% -
1969 0.53% -
1968 -0.7% -
1967 -1.65% -
1966 -1.77% -
1965 -1.46% -
1964 0.19% -
1963 -0.26% -
1962 -0.38% -
1961 -0.78% -
1960 0.47% -
1959 0.06% -
1958 -0.25% -
1957 -0.33% -
1956 1% -
1955 0.08% -
1954 -0.27% -
1953 -0.86% -
1952 -0.44% -
1951 1.85% -
1950 4.29% -
1949 0.72% -
1948 2% -
1947 -0.45% -
1946 -4.09% -
1945 -8.87% -
1944 -11.8% -
1943 -12.4% -
1942 -5.17% -
1941 -2.14% -
1940 0.51% -
1939 0.77% -
1938 0.24% -
1937 0.28% -
1936 0.17% -
1935 0.24% -
1934 0.28% -
1933 0.28% -
1932 0.02% -
1931 -0.8% -
1930 -1% -
1929 -0.53% -
1928 -0.69% -
1927 -0.5% -
1926 -0.31% -
1925 -0.26% -
1924 -0.5% -
1923 -0.33% -
1922 -0.94% -
1921 -2% -
1920 -2.43% -
1919 -4.8% -
1918 -4.36% -
1917 -4.99% -
1916 -3.47% -
1915 -1.11% -
1914 -0.29% -
1913 0% -
1912 0.12% -
1911 0.39% -
1910 0.39% -
1909 0.37% -
1908 -0.15% -
1907 0.41% -
1906 0.23% -
1905 0.11% -
1904 -0.13% -
1903 -0.02% -
1902 0.16% -
1901 1.46% -

Data sources: International Monetary Fund (IMF) | Public Finances in Modern History (1901–1989, retrieved 2026-07-08); International Monetary Fund (IMF) | Fiscal Monitor (1990–2025, retrieved 2026-07-08).

GeoRank.org/economy/australia/burkina-faso | CC BY

In 2025, Australia's government deficit, the difference between spending and revenue, was $50B, equivalent to 2.78% of GDP. This compares to Burkina Faso's deficit of $978M, or 3.54% of GDP.

Over the past 41 years, Australia recorded a fiscal deficit in 33 of those years, while Burkina Faso ran a deficit in 39 years. On average, Australia posted an annual deficit equal to 2.07% of GDP, compared to deficit of 3.4% of GDP for Burkina Faso.

Inflation comparison by year

Inflation
Australia

Burkina Faso
1x
Year Consumer prices inflation
Australia Burkina Faso
2025 2.87% -0.59%
2024 3.17% 4.19%
2023 5.6% 0.74%
2022 6.59% 14.3%
2021 2.86% 3.65%
2020 0.85% 1.88%
2019 1.61% -3.23%
2018 1.91% 1.96%
2017 1.95% 1.48%
2016 1.28% 0.44%
2015 1.51% 0.72%
2014 2.49% -0.26%
2013 2.45% 0.53%
2012 1.76% 3.82%
2011 3.3% 2.76%
2010 2.92% -0.76%
2009 1.77% 2.61%
2008 4.35% 10.7%
2007 2.33% -0.23%
2006 3.56% 2.33%
2005 2.69% 6.42%
2004 2.34% -0.4%
2003 2.73% 2.03%
2002 2.98% 2.18%
2001 4.41% 5.01%
2000 4.46% -0.3%
1999 1.48% -1.07%
1998 0.86% 5.08%
1997 0.22% 2.32%

Data sources: World Bank | Economy & Growth (1997–2025, retrieved 2026-07-08).

GeoRank.org/economy/australia/burkina-faso | CC BY

Over the past 29 years, Australia has recorded an average annual inflation rate of 2.67%, compared with 2.35% in Burkina Faso. In 2025, inflation was 2.87% in Australia and -0.59% in Burkina Faso.

Top exports between countries

Australia
Export category Export value
Machinery & equipment $10.7M
Raw agricultural goods $776K
Chemicals & pharma $730K
Metals $730K
Textiles & consumer goods $539K
Miscellaneous $441K
Raw materials & minerals $235K
Wood & paper products $72K
Precious metals & jewellery $19K
Processed food, beverages & tobacco $1K
Burkina Faso
Export category Export value
Machinery & equipment $756K
Raw agricultural goods $579K
Chemicals & pharma $38K
Textiles & consumer goods $12K
Raw materials & minerals $8K
Metals $2K

Balance of trade

Australia Burkina Faso
Current account balance
-$48.2B
2025
-$918M
2024
Current account balance ranking
187/190
2025
114/190
2024
Current account balance, % of GDP
-2.68%
2025
-3.97%
2024
Goods imports
$309B
2025
$5.82B
2024
Goods exports
$337B
2025
$6.12B
2024
Service imports
$116B
2025
$1.47B
2024
Service exports
$91.6B
2025
$630M
2024
Imports of goods and services, % of GDP
22.7%
2025
30%
2025
Exports of goods and services, % of GDP
23.2%
2025
35%
2025

Economic freedom indices

The indices of economic freedom below are issued by the Heritage Foundation. Higher scores indicate stronger economic health.

Australia Burkina Faso
Economic freedom 80.1 49.1
Economic freedom ranking 5/197 167/197
Property rights 88.2 17.6
Government integrity 88.1 40.2
Judicial effectiveness 96.3 26.1
Tax burden 61.8 80.8
Government spending 56.6 72.9
Fiscal health 89 13.4
Business freedom 92.3 37.8
Labor freedom 61.5 62.1
Monetary freedom 77.2 71.9
Trade freedom 89.8 61
Investment freedom 80 65
Financial freedom 80 40

Economic freedom comparison by year

Australia
Burkina Faso
1x
Year Economic freedom index
Australia Burkina Faso
2026 80.1 49.1
2025 79.3 51
2024 76.2 51.9
2023 74.8 56.2
2022 77.7 58.3
2021 82.4 56.5
2020 82.6 56.7
2019 80.9 59.4
2018 80.9 60
2017 81 59.6
2016 80.3 59.1
2015 81.4 58.6
2014 82 58.9
2013 82.6 59.9
2012 83.1 60.6
2011 82.5 60.6
2010 82.6 59.4
2009 82.6 59.5
2008 82.2 55.7
2007 81.1 55.1
2006 79.9 55.8
2005 79 56.6
2004 77.9 58
2003 77.4 58.9
2002 77.3 58.8
2001 77.4 56.7
2000 77.1 55.7
1999 76.4 55
1998 75.6 54.5
1997 75.5 54
1996 74 49.4
1995 74.1 -

Data sources: The Heritage Foundation | Economic Freedom Index (1995–2026, retrieved 2026-07-08).

GeoRank.org/economy/australia/burkina-faso | CC BY

The Economic Freedom Index for Australia is 80.1, ranking 5/197, compared to 49.1 for Burkina Faso, ranking 167/197. The chart above displays a comparison of annual changes in economic freedom indexes.

Other economic metrics

Australia Burkina Faso
Services, % of GDP
67.5%
2025
41.5%
2025
Industry, % of GDP
23.9%
2025
30.1%
2025
Agriculture, forestry, and fishing, % of GDP
2.27%
2025
19.9%
2025
GNI, Atlas method
$1.77T
2025
$23.6B
2025
GNI per capita, PPP
$69,930
2025
$2,890
2025
Total reserves including gold
$72.6B
2025
n/a
Total reserves ranking
37/177
2025
n/a
Net foreign direct investment
-$41.1B
2025
$259M
2024
Net inflows of foreign direct investment
$53.7B
2024
-$202M
2024
Net outflows of foreign direct investment
$13.9B
2024
$57M
2024
Servicing debt to the IMF, % of GNI n/a
4.06%
2024
Poverty at national poverty lines n/a
43.2%
2021
Gross capital formation, % of GDP
24.5%
2025
17.2%
2025

GDP per capita map

1x

Data sources: World Bank | Economy & Growth (1985–2025, retrieved 2026-07-08); U.S. Census Bureau (1985–2025, retrieved 2026-07-08).

GeoRank.org/economy/australia/burkina-faso | CC BY

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Data sources:

  1. World Bank | Economy & Growth (1960–2025, retrieved 2026-07-08)
  2. International Monetary Fund (IMF) | Fiscal Monitor (1990–2025, retrieved 2026-07-08)
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The current account balance is the sum of net trade in goods and services, net earnings from cross-border investments, and net transfer payments. It reflects a country's economic transactions with the rest of the world and is a fundamental component of the balance of payments. A surplus indicates that a country exports more than it imports, while a deficit shows the opposite.

Gross National Income (GNI) measures a country's total income. It encompasses income earned by residents, businesses, and foreign sources, defined as employee compensation and investment profits. GNI adds product taxes not included elsewhere and subtracts subsidies. It accounts for income from residents working abroad but excludes earnings from foreigners within the country.

A negative value for Net Foreign Direct Investment indicates a country is a net receiver of investments, as foreign inflows exceed outflows after Balance of Payments adjustments. A positive value indicates a net provider, with outflows exceeding inflows. Inflows are credits (increasing foreign claims on domestic assets), while outflows are debits (increasing domestic assets abroad).

Foreign direct investment (FDI, net inflows) shows how much capital foreign investors bring into a country after accounting for any funds that flow back in the opposite direction. It represents the net value of overseas companies establishing, expanding, or financing businesses in the reporting country. A positive number means more capital entered the country than was withdrawn, while a negative number means foreign investors pulled out more than they invested.

Foreign direct investment (FDI, net outflows) shows how much capital residents of a country invest abroad after accounting for any funds that flow back in the opposite direction. It represents the net value of domestic companies establishing, expanding, or financing businesses in other countries. A positive number means more capital was invested abroad than withdrawn, while a negative number means residents pulled back more than they invested.

Principal and interest payments to the IMF in currency, goods, or services on long-term debt expressed as a share of GNI.

Formerly gross domestic investment, gross capital formation measures the share of a country’s economic output invested in fixed assets, including buildings, machinery, and infrastructure. It indicates how much of the economy is devoted to building productive capacity.