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Economy of Burkina Faso vs Malaysia compared: GDP & Debt

Updated on by Georank team

Burkina Faso has a GDP of $23.1B compared to $422B for Malaysia, ranking 122/197 and 38/197 by economy size, respectively.

Burkina Faso has $13.2B in government debt (57.2% of GDP), compared to $296B (70.1% of GDP) in Malaysia.

Burkina Faso vs Malaysia GDP by year

Burkina Faso
Malaysia
1x
Year GDP, current $
Burkina Faso Malaysia
2024 $23,124,729,853 $422,227,005,429
2023 $20,112,614,449 $399,949,418,753
2022 $18,622,421,395 $407,830,525,990
2021 $19,697,516,284 $373,784,553,030
2020 $17,725,010,533 $337,456,163,961
2019 $16,032,813,503 $365,177,721,022
2018 $15,890,066,221 $358,788,845,713
2017 $14,106,955,615 $319,109,094,160
2016 $12,833,363,045 $301,256,033,870
2015 $11,832,159,316 $301,355,266,965
2014 $13,943,016,077 $338,066,095,097
2013 $13,444,300,486 $323,276,235,524
2012 $12,561,015,157 $314,443,047,642
2011 $12,080,295,978 $297,951,668,675
2010 $10,109,619,741 $255,017,638,456
2009 $9,450,696,873 $202,257,453,037
2008 $9,451,435,490 $230,811,614,370
2007 $7,625,722,837 $193,549,569,478
2006 $6,547,419,820 $162,692,258,307
2005 $6,146,353,173 $143,534,405,819
2004 $5,451,688,538 $124,749,473,684
2003 $4,740,768,143 $110,202,368,421
2002 $3,622,350,063 $100,845,526,316
2001 $3,190,371,081 $92,783,947,368
2000 $2,968,370,088 $93,789,736,842
1999 $3,389,566,713 $79,148,421,053
1998 $2,804,902,367 $72,167,498,981
1997 $2,447,669,102 $100,005,323,302
1996 $2,586,550,595 $100,855,393,910
1995 $2,379,517,975 $88,705,342,903
1994 $1,895,290,637 $74,478,356,958
1993 $3,199,536,465 $66,894,966,969
1992 $3,356,692,505 $59,167,550,163
1991 $3,135,045,584 $49,143,148,094
1990 $3,101,300,779 $44,024,585,240
1989 $2,615,587,734 $38,847,965,293
1988 $2,616,040,479 $35,272,109,220
1987 $2,369,834,950 $32,181,210,158
1986 $2,036,303,358 $27,734,111,400
1985 $1,552,493,196 $31,199,633,353
1984 $1,459,880,132 $33,942,897,422
1983 $1,600,278,605 $30,347,442,111
1982 $1,754,450,096 $26,804,493,635
1981 $1,775,842,334 $25,004,285,792
1980 $1,928,719,888 $24,488,224,677
1979 $1,748,480,621 $21,213,264,962
1978 $1,475,583,645 $16,358,079,862
1977 $1,131,224,878 $13,139,488,633
1976 $976,547,188 $11,050,234,599
1975 $939,972,703 $9,298,800,799
1974 $751,133,430 $9,496,204,302
1973 $674,773,570 $7,662,902,678
1972 $578,595,522 $5,043,347,250
1971 $482,411,179 $4,244,395,956
1970 $458,404,269 $3,864,145,667
1969 $478,298,645 $3,664,552,041
1968 $460,442,689 $3,330,371,551
1967 $450,753,924 $3,188,924,677
1966 $433,889,766 $3,143,517,944
1965 $422,916,790 $2,956,337,669
1964 $410,321,645 $2,674,423,922
1963 $394,040,667 $2,510,110,348
1962 $379,567,099 $2,001,489,602
1961 $350,247,234 $1,901,856,123
1960 $330,442,816 $1,916,229,477

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

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

GDP per capita in Burkina Faso vs Malaysia by year

Burkina Faso
GDP per capita

GDP per capita, PPP
Malaysia
GDP per capita

GDP per capita, PPP
1x
Year Current $
Burkina Faso Malaysia
GDP per capita GDP per capita, PPP GDP per capita GDP per capita, PPP
2024 $982 $2,896 $11,874 $38,779
2023 $873 $2,759 $11,386 $36,467
2022 $827 $2,645 $11,755 $34,420
2021 $896 $2,486 $10,903 $29,823
2020 $825 $2,381 $9,958 $27,475
2019 $765 $2,232 $10,920 $28,934
2018 $777 $2,073 $10,902 $27,794
2017 $709 $2,042 $9,863 $26,416
2016 $664 $1,882 $9,477 $25,286
2015 $630 $1,692 $9,649 $24,526
2014 $765 $1,661 $11,013 $24,307
2013 $760 $1,643 $10,714 $23,161
2012 $731 $1,572 $10,601 $22,639
2011 $725 $1,531 $10,217 $21,324
2010 $625 $1,449 $8,899 $20,193
2009 $602 $1,360 $7,191 $18,923
2008 $619 $1,351 $8,372 $19,480
2007 $515 $1,290 $7,169 $18,617
2006 $456 $1,244 $6,158 $17,426
2005 $441 $1,172 $5,556 $16,371
2004 $404 $1,079 $4,939 $15,416
2003 $362 $1,038 $4,465 $14,387
2002 $285.7 $974 $4,184 $13,656
2001 $259.5 $948 $3,944 $13,072
2000 $248.9 $896 $4,084 $13,027
1999 $292.8 $886 $3,528 $11,980
1998 $249.5 $838 $3,294 $11,398
1997 $223.9 $794 $4,679 $12,469
1996 $242.7 $753 $4,837 $11,709
1995 $229.1 $684 $4,363 $10,720
1994 $187.2 $650 $3,758 $9,806
1993 $324 $644 $3,462 $9,018
1992 $349 $623 $3,141 $8,224
1991 $334 $623 $2,679 $7,583
1990 $339 $567 $2,469 $6,887
1989 $293.2 - $2,244 -
1988 $301 - $2,100 -
1987 $280.2 - $1,977 -
1986 $247.5 - $1,760 -
1985 $194.1 - $2,046 -
1984 $187.8 - $2,300 -
1983 $211.9 - $2,124 -
1982 $239 - $1,938 -
1981 $248.7 - $1,866 -
1980 $277.6 - $1,886 -
1979 $258.5 - $1,680 -
1978 $223.9 - $1,327 -
1977 $176 - $1,092 -
1976 $155.5 - $940 -
1975 $152.9 - $811 -
1974 $124.7 - $848 -
1973 $114.1 - $701 -
1972 $99.6 - $472 -
1971 $84.5 - $407 -
1970 $81.7 - $380 -
1969 $86.8 - $368 -
1968 $85 - $342 -
1967 $84.6 - $335 -
1966 $82.8 - $339 -
1965 $82.1 - $326 -
1964 $80.9 - $303 -
1963 $78.9 - $291.8 -
1962 $77.2 - $238.8 -
1961 $72.2 - $232.9 -
1960 $69.2 - $240.8 -

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

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

Burkina Faso's GDP per capita is $982, ranking 180/197, compared to $11,874 in Malaysia, ranking 79/197. Adjusted for purchasing power (GDP per capita PPP), Burkina Faso ranks 181st at $2,896, while Malaysia ranks 60th at $38,779.

Economic indicators

Burkina Faso Malaysia
Gross domestic product
$23.1B
2024
$422B
2024
GDP rank
122/197
2024
38/197
2024
GDP growth
4.8%
2023-2024
5.11%
2023-2024
GDP per capita
$982
2024
$11,874
2024
GDP per capita rank
180/197
2024
79/197
2024
GDP per capita, PPP
$2,896
2024
$38,779
2024
GDP per capita PPP rank
181/197
2024
60/197
2024
Government debt
$13.2B
2024
$296B
2024
Debt-to-GDP ratio
57.2%
2024
70.1%
2024
Government debt per person
$562
2024
$8,322
2024
Government debt per person rank
162/185
2024
62/185
2024
Average annual personal income after taxes
$2,710
2026
$11,005
2026
Market capitalization of domestic companies n/a
$449B
2024
Number of billionaires n/a
19
2025
Income share by richest 10%
30.2%
2021
30.9%
2021
Income share by poorest 10%
3%
2021
2.3%
2021
Government expenditure, % of GDP
27.8%
2024
23.9%
2024
Consumer prices inflation
4.19%
2023-2024
1.83%
2023-2024
Central bank interest rate n/a
2.75%
2025
Unemployment rate
3.44%
2024
3.93%
2022
Population
24756783
36512221

Spending and national debt comparison by year

Burkina Faso
Spending

Debt
Malaysia
Spending

Debt
1x
Year % of GDP
Burkina Faso Malaysia
Government spending Government debt Government spending Government debt
2024 27.8% 57.2% 23.9% 70.1%
2023 29.4% 56.8% 24.9% 69.7%
2022 32.9% 59.2% 24.6% 65.5%
2021 27.8% 55.5% 24.5% 69.2%
2020 24.4% 43.6% 25% 67.7%
2019 23.3% 41.7% 23.6% 57.1%
2018 24.2% 38.1% 22.8% 55.6%
2017 26.3% 33.9% 22% 54.4%
2016 21.6% 32.9% 22.9% 55.8%
2015 20.4% 31.3% 24.7% 57%
2014 20.9% 26.1% 26% 55.4%
2013 25.3% 25.9% 27.8% 55.7%
2012 22.7% 25.2% 28.5% 53.8%
2011 20.4% 24.5% 27.1% 51.9%
2010 21.7% 23.7% 26.6% 51.2%
2009 21.5% 25.9% 30.9% 50.4%
2008 18.6% 24.9% 26.9% 39.4%
2007 22.8% 22.4% 25.9% 39.3%
2006 21.9% 20.1% 25.6% 39.7%
2005 20.2% 39.2% 24.5% 40.8%
2004 20.3% 40.7% 25.9% 42%
2003 17.6% 39.7% 28.1% 41.4%
2002 19.5% 43.3% 27.1% 39.5%
2001 19.7% 46.6% 28.2% 38.1%
2000 19.8% 47.5% 25.6% 32.5%
1999 21.4% 46.4% 24.6% 34.4%
1998 19.7% 47.7% 23.1% 33.6%
1997 20% 48.4% 21.2% 29.6%
1996 19.8% 45.8% 22.4% 32.8%
1995 19.4% 48.9% 22.6% 38.2%
1994 17.8% 55.1% 23.3% 43.7%
1993 17.9% 33.6% 24.6% 51.1%
1992 16.7% 29.6% 28.2% 59.1%
1991 17% 28.7% 27.4% 67.3%
1990 18.4% 25.6% 30.5% 74.1%
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/malaysia | CC BY

In 2024, Burkina Faso's government spending was $6.43B, accounting for 27.8% of its GDP, while Malaysia spent $101B, or 23.9% of GDP.

Debt-to-GDP ratio is 57.2% in Burkina Faso and 70.1% in Malaysia, ranking 89/185 and 58/185, respectively.

Government deficit by year

Deficit/surplus
Burkina Faso

Malaysia
1x
Year Deficit/surplus, % of GDP
Burkina Faso Malaysia
2024 -5.84% -3.95%
2023 -6.91% -3.97%
2022 -10.9% -4.56%
2021 -7.45% -6.03%
2020 -5.16% -4.9%
2019 -3.39% -2.01%
2018 -4.43% -2.64%
2017 -6.92% -2.41%
2016 -3.08% -2.6%
2015 -2.09% -2.55%
2014 -1.74% -2.63%
2013 -3.55% -3.48%
2012 -2.76% -3.1%
2011 -2.04% -3.57%
2010 -4.06% -4.32%
2009 -4.16% -5.88%
2008 -3.63% -3.4%
2007 -5.01% -2.57%
2006 14.3% -2.6%
2005 -4.89% -2.83%
2004 -4.19% -3.35%
2003 -1.79% -4.6%
2002 -4.43% -3.96%
2001 -3.56% -4.36%
2000 -3.03% -6.05%
1999 -3.29% -3%
1998 -2.6% -0.63%
1997 -2.64% 4.84%
1996 -1.67% 3.27%
1995 -2.65% 3.1%
1994 -1.89% 5.45%
1993 -3.81% 3.44%
1992 -2.51% 1.81%
1991 -2.77% 1.6%
1990 -7.54% 0.15%
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/malaysia | 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 Malaysia's deficit of $16.7B, or 3.95% of GDP.

Over the past 35 years, Burkina Faso recorded a fiscal deficit in 34 of those years, while Malaysia ran a deficit in 27 years. On average, Burkina Faso posted an annual deficit equal to 3.49% of GDP, compared to deficit of 2.07% of GDP for Malaysia.

Inflation comparison by year

Inflation
Burkina Faso

Malaysia
1x
Year Consumer prices inflation
Burkina Faso Malaysia
2024 4.19% 1.83%
2023 0.74% 2.49%
2022 14.3% 3.38%
2021 3.65% 2.48%
2020 1.88% -1.14%
2019 -3.23% 0.66%
2018 1.96% 0.88%
2017 1.48% 3.87%
2016 0.44% 2.09%
2015 0.72% 2.1%
2014 -0.26% 3.14%
2013 0.53% 2.11%
2012 3.82% 1.66%
2011 2.76% 3.17%
2010 -0.76% 1.62%
2009 2.61% 0.58%
2008 10.7% 5.44%
2007 -0.23% 2.03%
2006 2.33% 3.61%
2005 6.42% 2.98%
2004 -0.4% 1.42%
2003 2.03% 1.09%
2002 2.18% 1.81%
2001 5.01% 1.42%
2000 -0.3% 1.53%
1999 -1.07% 2.74%
1998 5.08% 5.27%
1997 2.32% 2.66%

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

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

Over the past 28 years, Burkina Faso has recorded an average annual inflation rate of 2.46%, compared with 2.25% in Malaysia. In 2024, inflation was 4.19% in Burkina Faso and 1.83% in Malaysia.

Top exports between countries

Burkina Faso
Export category Export value
Processed food, beverages & tobacco $6.43M
Machinery & equipment $247K
Chemicals & pharma $113K
Raw materials & minerals $40K
Textiles & consumer goods $4K
Metals $2K
Malaysia
Export category Export value
Processed food, beverages & tobacco $930K
Machinery & equipment $432K
Wood & paper products $410K
Animal & marine products $231K
Raw materials & minerals $164K
Chemicals & pharma $145K
Textiles & consumer goods $58K
Precious metals & jewellery $33K
Miscellaneous $13K
Metals $6K

Balance of trade

Burkina Faso Malaysia
Current account balance
-$1.02B
2023
$7.15B
2024
Current account balance ranking
122/190
2023
26/190
2024
Current account balance, % of GDP
-5.06%
2023
+1.69%
2024
Goods imports
$5.38B
2023
$223B
2024
Goods exports
$5.29B
2023
$248B
2024
Service imports
$1.45B
2023
$56.4B
2024
Service exports
$621M
2023
$53.4B
2024
Imports of goods and services, % of GDP
31.9%
2024
66%
2024
Exports of goods and services, % of GDP
28.6%
2024
71.3%
2024

Economic freedom indices

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

Burkina Faso Malaysia
Economic freedom 49.1 68
Economic freedom ranking 167/197 51/197
Property rights 17.6 62.7
Government integrity 40.2 52.9
Judicial effectiveness 26.1 63.4
Tax burden 80.8 83.5
Government spending 72.9 82
Fiscal health 13.4 62.5
Business freedom 37.8 79.6
Labor freedom 62.1 55.4
Monetary freedom 71.9 80.8
Trade freedom 61 83
Investment freedom 65 60
Financial freedom 40 50

Economic freedom comparison by year

Burkina Faso
Malaysia
1x
Year Economic freedom index
Burkina Faso Malaysia
2026 49.1 68
2025 51 67.1
2024 51.9 65.7
2023 56.2 67.3
2022 58.3 68.1
2021 56.5 74.4
2020 56.7 74.7
2019 59.4 74
2018 60 74.5
2017 59.6 73.8
2016 59.1 71.5
2015 58.6 70.8
2014 58.9 69.6
2013 59.9 66.1
2012 60.6 66.4
2011 60.6 66.3
2010 59.4 64.8
2009 59.5 64.6
2008 55.7 63.9
2007 55.1 63.8
2006 55.8 61.6
2005 56.6 61.9
2004 58 59.9
2003 58.9 61.1
2002 58.8 60.1
2001 56.7 60.2
2000 55.7 66
1999 55 68.9
1998 54.5 68.2
1997 54 66.8
1996 49.4 69.9
1995 - 71.9

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

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

The Economic Freedom Index for Burkina Faso is 49.1, ranking 167/197, compared to 68 for Malaysia, ranking 51/197. The chart above displays a comparison of annual changes in economic freedom indexes.

Other economic metrics

Burkina Faso Malaysia
Services, % of GDP
43.9%
2024
53.7%
2024
Industry, % of GDP
26.5%
2024
37%
2024
Agriculture, forestry, and fishing, % of GDP
20.9%
2024
8.13%
2024
GNI, Atlas method
$20.1B
2024
$414B
2024
GNI per capita, PPP
$2,720
2024
$37,450
2024
Total reserves including gold n/a
$116B
2024
Total reserves ranking n/a
24/177
2024
Net foreign direct investment
-$64.3M
2023
-$2.55B
2024
Net inflows of foreign direct investment
$82.9M
2024
$15.6B
2024
Net outflows of foreign direct investment
$2.73M
2024
$13B
2024
Servicing debt to the IMF, % of GNI
4.07%
2024
n/a
Poverty at national poverty lines
43.2%
2021
5.8%
2023
Gross capital formation, % of GDP
21.9%
2024
22%
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/malaysia | 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 (1995–2026, 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. TradeMap (2021–2024, retrieved 2026-02-08)
  7. United Nations | World Population Prospects (2026, retrieved 2026-03-10)
  8. LivingCost (2026, retrieved 2025-10-14)

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.