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Economy of Burkina Faso vs Dominica compared: GDP & Debt

Updated on by Georank team

Burkina Faso has a GDP of $23.1B compared to $689M for Dominica, ranking 122/197 and 190/197 by economy size, respectively.

Burkina Faso has $13.2B in government debt (57.2% of GDP), compared to $713M (103.5% of GDP) in Dominica.

Burkina Faso vs Dominica GDP by year

Burkina Faso
Dominica
1x
Year GDP, current $
Burkina Faso Dominica
2024 $23,124,729,853 $688,881,481
2023 $20,112,614,449 $659,311,111
2022 $18,622,421,395 $623,062,963
2021 $19,697,516,284 $562,911,111
2020 $17,725,010,533 $528,944,444
2019 $16,032,813,503 $644,259,259
2018 $15,890,066,221 $628,244,444
2017 $14,106,955,615 $563,355,556
2016 $12,833,363,045 $612,711,111
2015 $11,832,159,316 $583,177,778
2014 $13,943,016,077 $572,255,556
2013 $13,444,300,486 $545,325,926
2012 $12,561,015,157 $520,355,556
2011 $12,080,295,978 $532,081,481
2010 $10,109,619,741 $519,859,259
2009 $9,450,696,873 $515,618,519
2008 $9,451,435,490 $480,003,704
2007 $7,625,722,837 $444,685,185
2006 $6,547,419,820 $416,674,074
2005 $6,146,353,173 $391,455,556
2004 $5,451,688,538 $396,711,111
2003 $4,740,768,143 $373,318,519
2002 $3,622,350,063 $375,200,000
2001 $3,190,371,081 $377,462,963
2000 $2,968,370,088 $333,470,370
1999 $3,389,566,713 $331,759,259
1998 $2,804,902,367 $322,411,111
1997 $2,447,669,102 $302,988,889
1996 $2,586,550,595 $292,285,185
1995 $2,379,517,975 $274,522,222
1994 $1,895,290,637 $264,374,074
1993 $3,199,536,465 $245,525,926
1992 $3,356,692,505 $234,059,259
1991 $3,135,045,584 $219,762,963
1990 $3,101,300,779 $201,429,630
1989 $2,615,587,734 $185,137,243
1988 $2,616,040,479 $171,106,184
1987 $2,369,834,950 $151,868,754
1986 $2,036,303,358 $135,161,959
1985 $1,552,493,196 $119,491,933
1984 $1,459,880,132 $109,157,071
1983 $1,600,278,605 $98,665,191
1982 $1,754,450,096 $89,527,577
1981 $1,775,842,334 $82,107,391
1980 $1,928,719,888 $72,804,653
1979 $1,748,480,621 $55,017,759
1978 $1,475,583,645 $57,130,216
1977 $1,131,224,878 $45,872,947
1976 $976,547,188 -
1975 $939,972,703 -
1974 $751,133,430 -
1973 $674,773,570 -
1972 $578,595,522 -
1971 $482,411,179 -
1970 $458,404,269 -
1969 $478,298,645 -
1968 $460,442,689 -
1967 $450,753,924 -
1966 $433,889,766 -
1965 $422,916,790 -
1964 $410,321,645 -
1963 $394,040,667 -
1962 $379,567,099 -
1961 $350,247,234 -
1960 $330,442,816 -

Data sources: World Bank | Economy & Growth (1960–2024, retrieved 2026-04-06).

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

GDP per capita in Burkina Faso vs Dominica by year

Burkina Faso
GDP per capita

GDP per capita, PPP
Dominica
GDP per capita

GDP per capita, PPP
1x
Year Current $
Burkina Faso Dominica
GDP per capita GDP per capita, PPP GDP per capita GDP per capita, PPP
2024 $982 $2,896 $10,405 $21,301
2023 $873 $2,759 $9,913 $20,286
2022 $827 $2,645 $9,324 $18,802
2021 $896 $2,486 $8,376 $15,809
2020 $825 $2,381 $7,828 $14,244
2019 $765 $2,232 $9,491 $16,021
2018 $777 $2,073 $9,215 $15,070
2017 $709 $2,042 $8,225 $12,696
2016 $664 $1,882 $8,803 $12,945
2015 $630 $1,692 $8,283 $12,093
2014 $765 $1,661 $8,132 $12,083
2013 $760 $1,643 $7,822 $11,286
2012 $731 $1,572 $7,529 $10,921
2011 $725 $1,531 $7,705 $11,123
2010 $625 $1,449 $7,550 $10,924
2009 $602 $1,360 $7,487 $10,804
2008 $619 $1,351 $6,971 $10,862
2007 $515 $1,290 $6,459 $9,949
2006 $456 $1,244 $6,056 $9,200
2005 $441 $1,172 $5,695 $8,557
2004 $404 $1,079 $5,779 $8,232
2003 $362 $1,038 $5,447 $7,714
2002 $285.7 $974 $5,488 $7,167
2001 $259.5 $948 $5,528 $7,291
2000 $248.9 $896 $4,867 $7,111
1999 $292.8 $886 $4,817 $6,759
1998 $249.5 $838 $4,664 $6,617
1997 $223.9 $794 $4,372 $6,290
1996 $242.7 $753 $4,211 $6,041
1995 $229.1 $684 $3,952 $5,749
1994 $187.2 $650 $3,805 $5,465
1993 $324 $644 $3,536 $5,352
1992 $349 $623 $3,376 $5,125
1991 $334 $623 $3,171 $4,914
1990 $339 $567 $2,893 $4,667
1989 $293.2 - $2,639 -
1988 $301 - $2,423 -
1987 $280.2 - $2,138 -
1986 $247.5 - $1,893 -
1985 $194.1 - $1,666 -
1984 $187.8 - $1,515 -
1983 $211.9 - $1,363 -
1982 $239 - $1,232 -
1981 $248.7 - $1,125 -
1980 $277.6 - $996 -
1979 $258.5 - $754 -
1978 $223.9 - $786 -
1977 $176 - $634 -
1976 $155.5 - - -
1975 $152.9 - - -
1974 $124.7 - - -
1973 $114.1 - - -
1972 $99.6 - - -
1971 $84.5 - - -
1970 $81.7 - - -
1969 $86.8 - - -
1968 $85 - - -
1967 $84.6 - - -
1966 $82.8 - - -
1965 $82.1 - - -
1964 $80.9 - - -
1963 $78.9 - - -
1962 $77.2 - - -
1961 $72.2 - - -
1960 $69.2 - - -

Data sources: World Bank | Economy & Growth (1960–2024, retrieved 2026-04-06).

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

Burkina Faso's GDP per capita is $982, ranking 180/197, compared to $10,405 in Dominica, ranking 84/197. Adjusted for purchasing power (GDP per capita PPP), Burkina Faso ranks 181st at $2,896, while Dominica ranks 91st at $21,301.

Economic indicators

Burkina Faso Dominica
Gross domestic product
$23.1B
2024
$689M
2024
GDP rank
122/197
2024
190/197
2024
GDP growth
4.8%
2023-2024
2.05%
2023-2024
GDP per capita
$982
2024
$10,405
2024
GDP per capita rank
180/197
2024
84/197
2024
GDP per capita, PPP
$2,896
2024
$21,301
2024
GDP per capita PPP rank
181/197
2024
91/197
2024
Government debt
$13.2B
2024
$713M
2024
Debt-to-GDP ratio
57.2%
2024
103.5%
2024
Government debt per person
$562
2024
$10,765
2024
Government debt per person rank
162/185
2024
55/185
2024
Average annual personal income after taxes
$2,710
2026
$6,045
2026
Income share by richest 10%
30.2%
2021
n/a
Income share by poorest 10%
3%
2021
n/a
Government expenditure, % of GDP
27.8%
2024
60.9%
2024
Consumer prices inflation
4.19%
2023-2024
2.57%
2023-2024
Unemployment rate
3.44%
2024
11%
2001
Population
24756783
65539

Spending and national debt comparison by year

Burkina Faso
Spending

Debt
Dominica
Spending

Debt
1x
Year % of GDP
Burkina Faso Dominica
Government spending Government debt Government spending Government debt
2024 27.8% 57.2% 60.9% 103.5%
2023 29.4% 56.8% 66.8% 103.2%
2022 32.9% 59.2% 72.7% 108.3%
2021 27.8% 55.5% 70.1% 113.6%
2020 24.4% 43.6% 70.1% 118.2%
2019 23.3% 41.7% 44% 89.1%
2018 24.2% 38.1% 66.7% 90%
2017 26.3% 33.9% 55.7% 86.7%
2016 21.6% 32.9% 45.8% 72.9%
2015 20.4% 31.3% 33.5% 71.1%
2014 20.9% 26.1% 33.3% 73.5%
2013 25.3% 25.9% 34.2% 75.6%
2012 22.7% 25.2% 36.6% 74%
2011 20.4% 24.5% 34.7% 68.6%
2010 21.7% 23.7% 39.7% 67.3%
2009 21.5% 25.9% 36.1% 62.8%
2008 18.6% 24.9% 35.9% 66.5%
2007 22.8% 22.4% 35.6% 74.9%
2006 21.9% 20.1% 30.9% 80.4%
2005 20.2% 39.2% 32.1% 84.9%
2004 20.3% 40.7% 30.1% 85.8%
2003 17.6% 39.7% 31.2% 98.2%
2002 19.5% 43.3% 29% 99.4%
2001 19.7% 46.6% 29.3% 97.5%
2000 19.8% 47.5% 38.9% 69.6%
1999 21.4% 46.4% 35.3% 62%
1998 19.7% 47.7% 33.5% 57.1%
1997 20% 48.4% 29.1% 49.3%
1996 19.8% 45.8% 29% 54.7%
1995 19.4% 48.9% 29.7% 59.3%
1994 17.8% 55.1% 27.7% 57%
1993 17.9% 33.6% 26.1% 55.4%
1992 16.7% 29.6% 28% 55.3%
1991 17% 28.7% 29.9% 58.7%
1990 18.4% 25.6% 32.9% 56.6%
1989 14.2% 25.5% - -
1988 16.2% 28.8% - -
1987 19.2% 30.7% - -
1986 16.3% 27.6% - -
1985 11.5% 28.5% - -

Data sources: International Monetary Fund (IMF) | Fiscal Monitor (1990–2024, retrieved 2026-02-20); International Monetary Fund (IMF) | Public Finances in Modern History (1985–2001, retrieved 2026-02-20).

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

In 2024, Burkina Faso's government spending was $6.43B, accounting for 27.8% of its GDP, while Dominica spent $420M, or 60.9% of GDP.

Debt-to-GDP ratio is 57.2% in Burkina Faso and 103.5% in Dominica, ranking 89/185 and 20/185, respectively.

Government deficit by year

Deficit/surplus
Burkina Faso

Dominica
1x
Year Deficit/surplus, % of GDP
Burkina Faso Dominica
2024 -5.84% -2.28%
2023 -6.91% -4.66%
2022 -10.9% -7.49%
2021 -7.45% -8.61%
2020 -5.16% -7.91%
2019 -3.39% -7.95%
2018 -4.43% -18.1%
2017 -6.92% -3.37%
2016 -3.08% 11%
2015 -2.09% 11.8%
2014 -1.74% -5.65%
2013 -3.55% -2.95%
2012 -2.76% -5.48%
2011 -2.04% -4.34%
2010 -4.06% -3.41%
2009 -4.16% -0.31%
2008 -3.63% 0.72%
2007 -5.01% 1.88%
2006 14.3% 3.04%
2005 -4.89% 0.98%
2004 -4.19% -0.67%
2003 -1.79% 0.88%
2002 -4.43% -4.13%
2001 -3.56% -6.48%
2000 -3.03% -8.75%
1999 -3.29% -9.2%
1998 -2.6% -6.08%
1997 -2.64% -2.31%
1996 -1.67% -1.62%
1995 -2.65% -2.97%
1994 -1.89% -3.42%
1993 -3.81% -1.46%
1992 -2.51% -2.28%
1991 -2.77% -3.08%
1990 -7.54% -4.87%
1989 1.96% -
1988 -4.32% -
1987 -5.27% -
1986 -5.1% -
1985 -1.21% -

Data sources: International Monetary Fund (IMF) | Fiscal Monitor (1990–2024, retrieved 2026-02-20); International Monetary Fund (IMF) | Public Finances in Modern History (1985–1989, retrieved 2026-02-20).

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

In 2024, Burkina Faso's government deficit, the difference between spending and revenue, was $1.35B, equivalent to 5.84% of GDP. This compares to Dominica's deficit of $15.7M, or 2.28% of GDP.

Over the past 35 years, Burkina Faso recorded a fiscal deficit in 34 of those years, while Dominica ran a deficit in 28 years. On average, Burkina Faso posted an annual deficit equal to 3.49% of GDP, compared to deficit of 3.13% of GDP for Dominica.

Inflation comparison by year

Inflation
Burkina Faso

Dominica
1x
Year Consumer prices inflation
Burkina Faso Dominica
2024 4.19% 2.57%
2023 0.74% 5.09%
2022 14.3% 2.88%
2021 3.65% 2.23%
2020 1.88% 1.22%
2019 -3.23% 1.5%
2018 1.96% 0.99%
2017 1.48% 0.3%
2016 0.44% 0.14%
2015 0.72% -0.84%
2014 -0.26% 0.8%
2013 0.53% -0.05%
2012 3.82% 1.36%
2011 2.76% 1.13%
2010 -0.76% 3%
2009 2.61% 0.006%
2008 10.7% 6.36%
2007 -0.23% 3.63%
2006 2.33% 2.2%
2005 6.42% 1.68%
2004 -0.4% 2.39%
2003 2.03% 1.45%
2002 2.18% 0.17%
2001 5.01% 1.3%
2000 -0.3% 0.86%
1999 -1.07% 1.18%
1998 5.08% 1%
1997 2.32% 2.44%

Data sources: World Bank | Economy & Growth (1997–2024, retrieved 2026-04-06).

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

Over the past 28 years, Burkina Faso has recorded an average annual inflation rate of 2.46%, compared with 1.68% in Dominica. In 2024, inflation was 4.19% in Burkina Faso and 2.57% in Dominica.

Balance of trade

Burkina Faso Dominica
Current account balance
-$1.02B
2023
-$160M
2024
Current account balance ranking
122/190
2023
94/190
2024
Current account balance, % of GDP
-5.06%
2023
-23.2%
2024
Goods imports
$5.38B
2023
$231M
2024
Goods exports
$5.29B
2023
$22M
2024
Service imports
$1.45B
2023
$157M
2024
Service exports
$621M
2023
$191M
2024
Imports of goods and services, % of GDP
31.9%
2024
n/a
Exports of goods and services, % of GDP
28.6%
2024
8.5%
2025

Economic freedom indices

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

Burkina Faso Dominica
Economic freedom 49.1 56.1
Economic freedom ranking 167/197 124/197
Property rights 17.6 65.8
Government integrity 40.2 61.2
Judicial effectiveness 26.1 77.3
Tax burden 80.8 76.1
Government spending 72.9 0
Fiscal health 13.4 45.6
Business freedom 37.8 66.2
Labor freedom 62.1 49.8
Monetary freedom 71.9 77.7
Trade freedom 61 53.2
Investment freedom 65 60
Financial freedom 40 40

Economic freedom comparison by year

Burkina Faso
Dominica
1x
Year Economic freedom index
Burkina Faso Dominica
2026 49.1 56.1
2025 51 55.3
2024 51.9 54
2023 56.2 59.7
2022 58.3 54.4
2021 56.5 53
2020 56.7 60.8
2019 59.4 63.6
2018 60 64.5
2017 59.6 63.7
2016 59.1 67
2015 58.6 66.1
2014 58.9 65.2
2013 59.9 63.9
2012 60.6 61.6
2011 60.6 63.3
2010 59.4 63.2
2009 59.5 62.6
2008 55.7 -
2007 55.1 -
2006 55.8 -
2005 56.6 -
2004 58 -
2003 58.9 -
2002 58.8 -
2001 56.7 -
2000 55.7 -
1999 55 -
1998 54.5 -
1997 54 -
1996 49.4 -

Data sources: The Heritage Foundation | Economic Freedom Index (1996–2026, retrieved 2026-03-09).

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

The Economic Freedom Index for Burkina Faso is 49.1, ranking 167/197, compared to 56.1 for Dominica, ranking 124/197. The chart above displays a comparison of annual changes in economic freedom indexes.

Other economic metrics

Burkina Faso Dominica
Services, % of GDP
43.9%
2024
56.9%
2024
Industry, % of GDP
26.5%
2024
13.9%
2024
Agriculture, forestry, and fishing, % of GDP
20.9%
2024
12.2%
2024
GNI, Atlas method
$20.1B
2024
$677M
2024
GNI per capita, PPP
$2,720
2024
$21,410
2024
Total reserves including gold n/a
$156M
2024
Total reserves ranking n/a
172/177
2024
Net foreign direct investment
-$64.3M
2023
-$36.4M
2024
Net inflows of foreign direct investment
$82.9M
2024
$60M
2024
Net outflows of foreign direct investment
$2.73M
2024
-$401K
2024
Servicing debt to the IMF, % of GNI
4.07%
2024
9.52%
2024
Poverty at national poverty lines
43.2%
2021
29%
2020
Gross capital formation, % of GDP
21.9%
2024
n/a

GDP per capita map

1x

Data sources: World Bank | Economy & Growth (1985–2024, retrieved 2026-04-06); U.S. Census Bureau (1985–2024, retrieved 2026-02-08).

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

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Data sources:

  1. World Bank | Economy & Growth (1960–2024, retrieved 2026-04-06)
  2. International Monetary Fund (IMF) | Fiscal Monitor (1990–2024, retrieved 2026-02-20)
  3. The Heritage Foundation | Economic Freedom Index (1996–2026, retrieved 2026-03-09)
  4. U.S. Census Bureau (1985–2024, retrieved 2026-02-08)
  5. International Monetary Fund (IMF) | Public Finances in Modern History (1985–2001, retrieved 2026-02-20)
  6. United Nations | World Population Prospects (2026, retrieved 2026-03-10)
  7. LivingCost (2026, retrieved 2025-10-14)
  8. Central Intelligence Agency (CIA) (2020, retrieved 2026-02-20)

Creative Commons Attribution (CC BY) — you’re free to copy, share, remix, adapt, and use even commercially as long as you give appropriate credit and clearly indicate if you made changes. Other sources may be subject to different license terms.

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.