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Economy of Burkina Faso vs Dominican Republic compared: GDP & Debt

Updated on by Georank team

Burkina Faso has a GDP of $23.1B compared to $124B for the Dominican Republic, ranking 122/197 and 63/197 by economy size, respectively.

Burkina Faso has $13.2B in government debt (57.2% of GDP), compared to $73.1B (58.8% of GDP) in the Dominican Republic.

Burkina Faso vs Dominican Republic GDP by year

Burkina Faso
Dominican Republic
1x
Year GDP, current $
Burkina Faso Dominican Republic
2024 $23,124,729,853 $124,282,245,639
2023 $20,112,614,449 $120,456,239,154
2022 $18,622,421,395 $113,478,087,135
2021 $19,697,516,284 $94,850,719,517
2020 $17,725,010,533 $78,546,672,407
2019 $16,032,813,503 $89,146,130,745
2018 $15,890,066,221 $84,994,732,049
2017 $14,106,955,615 $79,070,274,743
2016 $12,833,363,045 $75,552,902,636
2015 $11,832,159,316 $70,966,782,572
2014 $13,943,016,077 $67,014,329,100
2013 $13,444,300,486 $62,555,417,415
2012 $12,561,015,157 $60,561,635,556
2011 $12,080,295,978 $57,948,261,616
2010 $10,109,619,741 $53,801,053,353
2009 $9,450,696,873 $48,223,781,477
2008 $9,451,435,490 $48,091,433,554
2007 $7,625,722,837 $43,965,458,509
2006 $6,547,419,820 $37,879,830,084
2005 $6,146,353,173 $35,777,560,684
2004 $5,451,688,538 $22,322,387,382
2003 $4,740,768,143 $21,403,167,848
2002 $3,622,350,063 $27,137,440,786
2001 $3,190,371,081 $25,601,823,688
2000 $2,968,370,088 $24,305,780,629
1999 $3,389,566,713 $22,136,579,397
1998 $2,804,902,367 $21,672,215,547
1997 $2,447,669,102 $20,017,450,041
1996 $2,586,550,595 $18,241,622,548
1995 $2,379,517,975 $16,637,370,839
1994 $1,895,290,637 $14,644,734,599
1993 $3,199,536,465 $13,081,042,400
1992 $3,356,692,505 $11,605,382,504
1991 $3,135,045,584 $9,824,483,340
1990 $3,101,300,779 $7,073,675,545
1989 $2,615,587,734 $6,686,593,060
1988 $2,616,040,479 $5,374,299,981
1987 $2,369,834,950 $5,827,050,753
1986 $2,036,303,358 $6,122,128,558
1985 $1,552,493,196 $5,044,579,979
1984 $1,459,880,132 $11,594,000,000
1983 $1,600,278,605 $9,220,600,000
1982 $1,754,450,096 $8,267,400,000
1981 $1,775,842,334 $7,561,300,000
1980 $1,928,719,888 $6,761,300,000
1979 $1,748,480,621 $5,498,800,000
1978 $1,475,583,645 $4,734,400,000
1977 $1,131,224,878 $4,587,100,000
1976 $976,547,188 $3,951,500,000
1975 $939,972,703 $3,599,200,000
1974 $751,133,430 $2,925,700,000
1973 $674,773,570 $2,344,800,000
1972 $578,595,522 $1,987,400,000
1971 $482,411,179 $1,666,500,000
1970 $458,404,269 $1,485,500,000
1969 $478,298,645 $1,230,500,000
1968 $460,442,689 $1,079,100,000
1967 $450,753,924 $1,034,800,000
1966 $433,889,766 $983,900,000
1965 $422,916,790 $888,100,000
1964 $410,321,645 $1,025,599,900
1963 $394,040,667 $940,799,900
1962 $379,567,099 $824,100,000
1961 $350,247,234 $654,100,200
1960 $330,442,816 $672,399,700

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

GeoRank.org/economy/burkina-faso/dominican-republic | CC BY

GDP per capita in Burkina Faso vs Dominican Republic by year

Burkina Faso
GDP per capita

GDP per capita, PPP
Dominican Republic
GDP per capita

GDP per capita, PPP
1x
Year Current $
Burkina Faso Dominican Republic
GDP per capita GDP per capita, PPP GDP per capita GDP per capita, PPP
2024 $982 $2,896 $10,876 $27,542
2023 $873 $2,759 $10,630 $25,840
2022 $827 $2,645 $10,104 $24,626
2021 $896 $2,486 $8,527 $22,053
2020 $825 $2,381 $7,135 $18,998
2019 $765 $2,232 $8,183 $19,767
2018 $777 $2,073 $7,883 $17,995
2017 $709 $2,042 $7,413 $16,846
2016 $664 $1,882 $7,160 $16,282
2015 $630 $1,692 $6,801 $14,804
2014 $765 $1,661 $6,496 $13,465
2013 $760 $1,643 $6,137 $12,414
2012 $731 $1,572 $6,014 $11,777
2011 $725 $1,531 $5,827 $11,695
2010 $625 $1,449 $5,479 $11,246
2009 $602 $1,360 $4,974 $10,382
2008 $619 $1,351 $5,024 $10,346
2007 $515 $1,290 $4,650 $9,951
2006 $456 $1,244 $4,055 $9,130
2005 $441 $1,172 $3,878 $8,215
2004 $404 $1,079 $2,452 $7,375
2003 $362 $1,038 $2,383 $7,098
2002 $285.7 $974 $3,066 $7,158
2001 $259.5 $948 $2,936 $6,848
2000 $248.9 $896 $2,831 $6,639
1999 $292.8 $886 $2,621 $6,305
1998 $249.5 $838 $2,608 $5,963
1997 $223.9 $794 $2,449 $5,618
1996 $242.7 $753 $2,271 $5,161
1995 $229.1 $684 $2,109 $4,871
1994 $187.2 $650 $1,892 $4,599
1993 $324 $644 $1,722 $4,474
1992 $349 $623 $1,558 $4,151
1991 $334 $623 $1,346 $3,722
1990 $339 $567 $989 $3,641
1989 $293.2 - $955 -
1988 $301 - $784 -
1987 $280.2 - $868 -
1986 $247.5 - $932 -
1985 $194.1 - $784 -
1984 $187.8 - $1,844 -
1983 $211.9 - $1,500 -
1982 $239 - $1,376 -
1981 $248.7 - $1,288 -
1980 $277.6 - $1,180 -
1979 $258.5 - $984 -
1978 $223.9 - $868 -
1977 $176 - $863 -
1976 $155.5 - $763 -
1975 $152.9 - $713 -
1974 $124.7 - $595 -
1973 $114.1 - $490 -
1972 $99.6 - $427 -
1971 $84.5 - $368 -
1970 $81.7 - $338 -
1969 $86.8 - $287.7 -
1968 $85 - $259.6 -
1967 $84.6 - $256.2 -
1966 $82.8 - $250.9 -
1965 $82.1 - $233.2 -
1964 $80.9 - $277.3 -
1963 $78.9 - $262.2 -
1962 $77.2 - $236.8 -
1961 $72.2 - $193.9 -
1960 $69.2 - $205.7 -

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

GeoRank.org/economy/burkina-faso/dominican-republic | CC BY

Burkina Faso's GDP per capita is $982, ranking 180/197, compared to $10,876 in the Dominican Republic, ranking 83/197. Adjusted for purchasing power (GDP per capita PPP), Burkina Faso ranks 181st at $2,896, while the Dominican Republic ranks 76th at $27,542.

Economic indicators

Burkina Faso Dominican Republic
Gross domestic product
$23.1B
2024
$124B
2024
GDP rank
122/197
2024
63/197
2024
GDP growth
4.8%
2023-2024
4.95%
2023-2024
GDP per capita
$982
2024
$10,876
2024
GDP per capita rank
180/197
2024
83/197
2024
GDP per capita, PPP
$2,896
2024
$27,542
2024
GDP per capita PPP rank
181/197
2024
76/197
2024
Government debt
$13.2B
2024
$73.1B
2024
Debt-to-GDP ratio
57.2%
2024
58.8%
2024
Government debt per person
$562
2024
$6,394
2024
Government debt per person rank
162/185
2024
71/185
2024
Average annual personal income after taxes
$2,710
2026
$6,547
2026
Income share by richest 10%
30.2%
2021
29.5%
2024
Income share by poorest 10%
3%
2021
2.3%
2024
Government expenditure, % of GDP
27.8%
2024
19.5%
2024
Consumer prices inflation
4.19%
2023-2024
3.3%
2023-2024
Central bank interest rate n/a
5.5%
2025
Unemployment rate
3.44%
2024
5.31%
2024
Population
24756783
11637906

Spending and national debt comparison by year

Burkina Faso
Spending

Debt
Dominican Republic
Spending

Debt
1x
Year % of GDP
Burkina Faso Dominican Republic
Government spending Government debt Government spending Government debt
2024 27.8% 57.2% 19.5% 58.8%
2023 29.4% 56.8% 19.1% 60.5%
2022 32.9% 59.2% 18.5% 59.6%
2021 27.8% 55.5% 18.4% 62.8%
2020 24.4% 43.6% 22.2% 71.8%
2019 23.3% 41.7% 17.8% 53.5%
2018 24.2% 38.1% 16.5% 50.8%
2017 26.3% 33.9% 17.3% 49.5%
2016 21.6% 32.9% 17% 46.7%
2015 20.4% 31.3% 16.7% 44.8%
2014 20.9% 26.1% 17% 45%
2013 25.3% 25.9% 18.5% 46.8%
2012 22.7% 25.2% 19.8% 42.4%
2011 20.4% 24.5% 16% 39.1%
2010 21.7% 23.7% 16.1% 37.4%
2009 21.5% 25.9% 16.2% 36.8%
2008 18.6% 24.9% 18.5% 33.6%
2007 22.8% 22.4% 16.3% 32.9%
2006 21.9% 20.1% 17% 36%
2005 20.2% 39.2% 15.5% 38.3%
2004 20.3% 40.7% 17.3% 34.3%
2003 17.6% 39.7% 17.2% 48.2%
2002 19.5% 43.3% 16.5% 21.5%
2001 19.7% 46.6% 14.9% 20.4%
2000 19.8% 47.5% 14.1% 16.7%
1999 21.4% 46.4% 13.4% 16%
1998 19.7% 47.7% 12.6% 13.2%
1997 20% 48.4% 13.2% 13.8%
1996 19.8% 45.8% 11.4% 23%
1995 19.4% 48.9% 11% 25.7%
1994 17.8% 55.1% 12.1% 28.5%
1993 17.9% 33.6% 13% 36.1%
1992 16.7% 29.6% 10.4% 38.5%
1991 17% 28.7% 8.65% 47.3%
1990 18.4% 25.6% 9.1% 84.7%
1989 14.2% 25.5% 11.3% 62.5%
1988 16.2% 28.8% 12.8% 77%
1987 19.2% 30.7% 11.2% 86.9%
1986 16.3% 27.6% 10.4% 63.8%
1985 11.5% 28.5% 9.8% 66.3%
1984 - - 9.32% 28.9%
1983 - - 10.2% 32.9%
1982 - - 10.2% 33.1%
1981 - - 12.1% 29.8%
1980 - - 12.8% 15.2%
1979 - - 13.8% 24%
1978 - - 12.3% 20.9%
1977 - - 11.4% 16.4%
1976 - - 12.5% 15.6%
1975 - - 13.7% 13.1%
1974 - - 14.6% 14.6%
1973 - - 13.7% 14.6%
1972 - - 14.1% 16.4%
1971 - - 13.8% 17.8%
1970 - - 13.3% 18%
1969 - - 15.5% 17.4%
1968 - - 15.5% 18.1%
1967 - - 15% 16.2%
1966 - - 15.2% 14.5%
1965 - - 12.8% -
1964 - - 16.7% -
1963 - - 15.1% -
1962 - - 15.7% -
1961 - - 20% -
1960 - - 20.1% -

Data sources: International Monetary Fund (IMF) | Fiscal Monitor (1990–2024, retrieved 2026-02-20); International Monetary Fund (IMF) | Public Finances in Modern History (1960–2001, retrieved 2026-02-20).

GeoRank.org/economy/burkina-faso/dominican-republic | CC BY

In 2024, Burkina Faso's government spending was $6.43B, accounting for 27.8% of its GDP, while the Dominican Republic spent $24.2B, or 19.5% of GDP.

Debt-to-GDP ratio is 57.2% in Burkina Faso and 58.8% in the Dominican Republic, ranking 89/185 and 83/185, respectively.

Government deficit by year

Deficit/surplus
Burkina Faso

Dominican Republic
1x
Year Deficit/surplus, % of GDP
Burkina Faso Dominican Republic
2024 -5.84% -3.09%
2023 -6.91% -3.28%
2022 -10.9% -3.25%
2021 -7.45% -2.92%
2020 -5.16% -7.94%
2019 -3.39% -3.46%
2018 -4.43% -2.17%
2017 -6.92% -3.12%
2016 -3.08% -3.11%
2015 -2.09% -0.03%
2014 -1.74% -2.76%
2013 -3.55% -4.41%
2012 -2.76% -6.26%
2011 -2.04% -3.07%
2010 -4.06% -2.97%
2009 -4.16% -2.9%
2008 -3.63% -3.43%
2007 -5.01% 0.28%
2006 14.3% -1.69%
2005 -4.89% -0.71%
2004 -4.19% -3.6%
2003 -1.79% -4.24%
2002 -4.43% -2.28%
2001 -3.56% -0.73%
2000 -3.03% -0.86%
1999 -3.29% -0.79%
1998 -2.6% -0.29%
1997 -2.64% -0.64%
1996 -1.67% 0.14%
1995 -2.65% 0.82%
1994 -1.89% -0.39%
1993 -3.81% -0.16%
1992 -2.51% 2.35%
1991 -2.77% 0.11%
1990 -7.54% 0.39%
1989 1.96% -0.09%
1988 -4.32% -1.68%
1987 -5.27% -0.75%
1986 -5.1% -0.57%
1985 -1.21% -1.27%
1984 - -0.95%
1983 - -1.74%
1982 - -2.4%
1981 - -1.92%
1980 - -1.82%
1979 - -3.26%
1978 - -0.82%
1977 - 0.15%
1976 - -0.22%
1975 - 1.37%
1974 - -0.93%
1973 - -0.53%
1972 - -1.73%
1971 - -0.85%
1970 - -0.68%
1969 - -0.99%
1968 - -0.99%
1967 - -1.68%
1966 - -2.14%
1965 - -1.84%
1964 - -1.36%
1963 - -0.39%
1962 - -1.17%
1961 - -3%
1960 - -0.61%
1959 - -0.29%
1958 - -1.29%
1957 - 0.21%
1956 - -0.05%
1955 - 1.47%
1954 - 1.43%
1953 - 2.79%
1952 - 0%
1951 - -2.58%
1950 - -3.66%

Data sources: International Monetary Fund (IMF) | Fiscal Monitor (1990–2024, retrieved 2026-02-20); International Monetary Fund (IMF) | Public Finances in Modern History (1950–1996, retrieved 2026-02-20).

GeoRank.org/economy/burkina-faso/dominican-republic | 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 the Dominican Republic's deficit of $3.84B, or 3.09% of GDP.

Over the past 40 years, Burkina Faso recorded a fiscal deficit in 38 of those years, while the Dominican Republic ran a deficit in 34 years. On average, Burkina Faso posted an annual deficit equal to 3.4% of GDP, compared to deficit of 1.87% of GDP for the Dominican Republic.

Inflation comparison by year

Inflation
Burkina Faso

Dominican Republic
1x
Year Consumer prices inflation
Burkina Faso Dominican Republic
2024 4.19% 3.3%
2023 0.74% 4.79%
2022 14.3% 8.81%
2021 3.65% 8.24%
2020 1.88% 3.78%
2019 -3.23% 1.81%
2018 1.96% 3.56%
2017 1.48% 3.28%
2016 0.44% 1.61%
2015 0.72% 0.84%
2014 -0.26% 3%
2013 0.53% 4.83%
2012 3.82% 3.69%
2011 2.76% 5.8%
2010 -0.76% 6.33%
2009 2.61% 1.44%
2008 10.7% 10.6%
2007 -0.23% 6.14%
2006 2.33% 7.57%
2005 6.42% 4.19%
2004 -0.4% 51.5%
2003 2.03% 27.4%
2002 2.18% 5.22%
2001 5.01% 8.88%
2000 -0.3% 7.72%
1999 -1.07% 6.47%
1998 5.08% 4.83%
1997 2.32% 8.3%

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

GeoRank.org/economy/burkina-faso/dominican-republic | CC BY

Over the past 28 years, Burkina Faso has recorded an average annual inflation rate of 2.46%, compared with 7.64% in the Dominican Republic. In 2024, inflation was 4.19% in Burkina Faso and 3.3% in the Dominican Republic.

Top exports between countries

Burkina Faso
Export category Export value
Raw materials & minerals $3K
Dominican Republic
Export category Export value

Balance of trade

Burkina Faso Dominican Republic
Current account balance
-$1.02B
2023
-$4.17B
2024
Current account balance ranking
122/190
2023
163/190
2024
Current account balance, % of GDP
-5.06%
2023
-3.35%
2024
Goods imports
$5.38B
2023
$29.8B
2024
Goods exports
$5.29B
2023
$13.9B
2024
Service imports
$1.45B
2023
$6.34B
2024
Service exports
$621M
2023
$14.7B
2024
Imports of goods and services, % of GDP
31.9%
2024
29%
2024
Exports of goods and services, % of GDP
28.6%
2024
22.8%
2024

Economic freedom indices

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

Burkina Faso Dominican Republic
Economic freedom 49.1 63.8
Economic freedom ranking 167/197 77/197
Property rights 17.6 53.9
Government integrity 40.2 39.8
Judicial effectiveness 26.1 58
Tax burden 80.8 84.4
Government spending 72.9 89.1
Fiscal health 13.4 76.6
Business freedom 37.8 71.4
Labor freedom 62.1 53.2
Monetary freedom 71.9 72.1
Trade freedom 61 67.4
Investment freedom 65 60
Financial freedom 40 40

Economic freedom comparison by year

Burkina Faso
Dominican Republic
1x
Year Economic freedom index
Burkina Faso Dominican Republic
2026 49.1 63.8
2025 51 64.3
2024 51.9 62.9
2023 56.2 62.6
2022 58.3 63
2021 56.5 62.1
2020 56.7 60.9
2019 59.4 61
2018 60 61.6
2017 59.6 62.9
2016 59.1 61
2015 58.6 61
2014 58.9 61.3
2013 59.9 59.7
2012 60.6 60.2
2011 60.6 60
2010 59.4 60.3
2009 59.5 59.2
2008 55.7 57.7
2007 55.1 56.8
2006 55.8 56.3
2005 56.6 55.1
2004 58 54.6
2003 58.9 57.8
2002 58.8 58.6
2001 56.7 59.1
2000 55.7 59
1999 55 58.1
1998 54.5 58.1
1997 54 53.5
1996 49.4 58.1
1995 - 55.8

Data sources: The Heritage Foundation | Economic Freedom Index (1995–2026, retrieved 2026-03-09).

GeoRank.org/economy/burkina-faso/dominican-republic | CC BY

The Economic Freedom Index for Burkina Faso is 49.1, ranking 167/197, compared to 63.8 for the Dominican Republic, ranking 77/197. The chart above displays a comparison of annual changes in economic freedom indexes.

Other economic metrics

Burkina Faso Dominican Republic
Services, % of GDP
43.9%
2024
59.8%
2024
Industry, % of GDP
26.5%
2024
28.7%
2024
Agriculture, forestry, and fishing, % of GDP
20.9%
2024
4.45%
2024
GNI, Atlas method
$20.1B
2024
$117B
2024
GNI per capita, PPP
$2,720
2024
$26,050
2024
Total reserves including gold n/a
$13.5B
2024
Total reserves ranking n/a
71/177
2024
Net foreign direct investment
-$64.3M
2023
-$4.52B
2024
Net inflows of foreign direct investment
$82.9M
2024
$4.48B
2024
Net outflows of foreign direct investment
$2.73M
2024
-$47.3M
2024
Servicing debt to the IMF, % of GNI
4.07%
2024
5.62%
2024
Poverty at national poverty lines
43.2%
2021
19%
2024
Gross capital formation, % of GDP
21.9%
2024
27%
2024

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/dominican-republic | 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. International Monetary Fund (IMF) | Public Finances in Modern History (1950–2001, retrieved 2026-02-20)
  4. The Heritage Foundation | Economic Freedom Index (1995–2026, retrieved 2026-03-09)
  5. U.S. Census Bureau (1985–2024, retrieved 2026-02-08)
  6. United Nations | World Population Prospects (2026, retrieved 2026-03-10)
  7. LivingCost (2026, retrieved 2025-10-14)
  8. TradeMap (2021, retrieved 2026-02-08)

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.