Burkina Faso vs Niger: Economic Indicators Comparison
Burkina Faso with a GDP of $14.1B ranked the 129th largest economy in the world, while Niger ranked 146th with $9.3B. By GDP 5-years average growth and GDP per capita, Burkina Faso and Niger ranked 28th vs 26th and 184th vs 194th, respectively.
Gross Domestic Product & Income
Stat | Burkina Faso | Niger |
---|---|---|
GDP | $14.1B | $9.3B |
GDP growth, 1 year | 6% | 5.2% |
GDP growth, 5-years average | 5.3% | 5.4% |
Population | 19.2M | 21.5M |
GDP per capita | $715 | $414 |
GDP per capita growth | 3.81% | 2.5% |
Purchasing Power Parity conversion factor | 200.22 | 216.34 |
Price level ratio of PPP conversion factor GDP to market exchange rate | 0.36 | 0.39 |
GDP per capita, PPP adjusted | $2k | $1.2k |
GNI, Atlas method | $13.3B | $8.7B |
GNI per capita | $670 | $390 |
GNI, PPP adjusted | $38.9B | $23.3B |
GNI per capita, PPP adjusted | $2k | $1k |
Financial system and Human development
Stat | Burkina Faso | Niger |
---|---|---|
Income Tax Rate | 27.5% | 35% |
Corporate Tax Rate | 28% | 30% |
Inflation, consumer prices | 2% | 3% |
Inflation, GDP deflator | 2.4% | 2.6% |
Unemployment | 6.1% | 0.3% |
Economic Freedom Index | 56.7 | 54.7 |
Personal Freedom Index | 7.63 | 6.67 |
Human Freedom Index | 6.84 | 6 |
Property Rights Index | 46.9 | 45.6 |
Judical Effectiveness Index | 42.6 | 42.6 |
Business Freedom Index | 47.6 | 55.4 |
Fiscal Health Index | 49.2 | 44.7 |
Labor Freedom Index | 52.1 | 47.9 |
Investment Freedom Index | 65 | 55 |
Financial Freedom Index | 40 | 40 |
Trade Freedom Index | 61.8 | 61.2 |
Monetary Freedom Index | 82.4 | 74.8 |
Government Spending Index | 77 | 79 |
Tax Burden Index | 81.3 | 76.7 |
Government Integrity Index | 34.1 | 33.4 |
Corruption Perceptions Index | 41 | 34 |
Life expectancy at birth, years | 60.8 | 61.6 |
Suicide mortality rate, per 100,000 people | 7.7 | 4.6 |
Mortality caused by road traffic injury, per 100,000 people | 30.5 | 26.2 |
Intentional homicides, per 100,000 people | 1.3 | 4.4 |
International tourism, number of arrivals | 144k | 157k |
Government debt & reserves
Stat | Burkina Faso | Niger |
---|---|---|
Central government debt, % of GDP | 43% | 55.1% |
External debt stocks, % of GNI | 23.4% | 36.1% |
External debt stocks | $3.3B | $3.3B |
Short-term debt, % of total reserves | N/A | N/A |
Total debt service, % of exports and primary income | 3.5% | 8.5% |
Adjusted net savings including particulate emission damage, % of GNI | -9% | 5% |
Gross savings, % of GDP | 19.1% | 20.2% |
Gross capital formation, % of GDP | 24.7% | 37.1% |
Total reserves including gold | N/A | N/A |
Foreign direct investment net inflows | $480M | $2B |
Exports, imports and economic structure
Stat | Burkina Faso | Niger |
---|---|---|
Exports of goods and services, % of GDP | 30.8% | 15.7% |
Imports of goods and services, % of GDP | 37.2% | 33% |
Current account balance (balance of payments) | -$894.1M | -$1.3B |
Revenue excluding grants, % of GDP | 18.9% | 14.6% |
Grants excluding technical cooperation, BoP | $720.7M | $881.8M |
Personal remittances received | $455.7M | $296.7M |
Industry including construction value added, % of GDP | 19.5% | 15.5% |
Agriculture, forestry and fishing value added, % of GDP | 28% | 39.2% |
Charges for the use of intellectual property, payments BoP | $438k | $2M |
Charges for the use of intellectual property, receipts BoP | $725k | $6.2k |
Expense, % of GDP | 19.5% | 10.2% |
Government Expenditure, % of GDP | 27.7% | 26.5% |