Burkina Faso vs Oman: Economic Indicators Comparison

Oman with a GDP of $79.3B ranked the 69th largest economy in the world, while Burkina Faso ranked 129th with $14.1B. By GDP 5-years average growth and GDP per capita, Oman and Burkina Faso ranked 114th vs 28th and 56th vs 184th, respectively.

Gross Domestic Product & Income

StatBurkina FasoOman
GDP$14.1B$79.3B
GDP growth, 1 year6%2.1%
GDP growth, 5-years average5.3%2.4%
Population19.2M4.8M
GDP per capita$715$16k
GDP per capita growth3.81%-1.68%
Purchasing Power Parity conversion factor200.220.15
Price level ratio of PPP conversion factor GDP to market exchange rate0.360.39
GDP per capita, PPP adjusted$2k$47k
GNI, Atlas method$13.3B$73.1B
GNI per capita$670$15k
GNI, PPP adjusted$38.9B$201.3B
GNI per capita, PPP adjusted$2k$42k

Financial system and Human development

StatBurkina FasoOman
Income Tax Rate27.5%0%
Corporate Tax Rate28%12%
Inflation, consumer prices2%0.9%
Inflation, GDP deflator2.4%10.3%
Unemployment6.1%3.1%
Economic Freedom Index56.763.6
Personal Freedom Index7.635.55
Human Freedom Index6.846.3
Property Rights Index46.966.4
Judical Effectiveness Index42.666.2
Business Freedom Index47.674.6
Fiscal Health Index49.214.8
Labor Freedom Index52.156.9
Investment Freedom Index6565
Financial Freedom Index4060
Trade Freedom Index61.881.6
Monetary Freedom Index82.478.4
Government Spending Index7736.2
Tax Burden Index81.398.4
Government Integrity Index34.164.6
Corruption Perceptions Index4152
Life expectancy at birth, years60.877.4
Suicide mortality rate, per 100,000 people7.73.9
Mortality caused by road traffic injury, per 100,000 people30.516.1
Intentional homicides, per 100,000 people1.30.5
International tourism, number of arrivals144k2.3M

Government debt & reserves

StatBurkina FasoOman
Central government debt, % of GDP43%50.9%
External debt stocks, % of GNI23.4%N/A
External debt stocks$3.3BN/A
Short-term debt, % of total reservesN/AN/A
Total debt service, % of exports and primary income3.5%N/A
Adjusted net savings including particulate emission damage, % of GNI-9%-11.3%
Gross savings, % of GDP19.1%23.9%
Gross capital formation, % of GDP24.7%23.2%
Total reserves including goldN/A$17.4B
Foreign direct investment net inflows$480M$6.3B

Exports, imports and economic structure

StatBurkina FasoOman
Exports of goods and services, % of GDP30.8%58.3%
Imports of goods and services, % of GDP37.2%44.5%
Current account balance (balance of payments)-$894.1M-$4.3B
Revenue excluding grants, % of GDP18.9%N/A
Grants excluding technical cooperation, BoP$720.7M$17M
Personal remittances received$455.7M$39M
Industry including construction value added, % of GDP19.5%46.8%
Agriculture, forestry and fishing value added, % of GDP28%2.2%
Charges for the use of intellectual property, payments BoP$438kN/A
Charges for the use of intellectual property, receipts BoP$725kN/A
Expense, % of GDP19.5%N/A
Government Expenditure, % of GDP27.7%46.1%

Compare with countries close by GDP per capita

Burkina Faso vs

CountryGDP
per capita
Population
Kyrgyzstan
$1.3k
6.2M
Mauritania
$1.2k
4.42M
South Sudan
$1.1k
12.6M
Tanzania
$1.1k
57.3M
Nepal
$1k
29.4M
Sudan
$977
40.5M
Yemen
$944
28.3M
Benin
$902
11.2M
Mali
$900
18.5M
Guinea
$879
12.7M
Haiti
$868
11M
Tajikistan
$827
8.92M
Eritrea
$811
3.5M
Guinea-Bissau
$778
1.86M
Rwanda
$773
12.2M
Ethiopia
$772
105M
Chad
$728
15.5M
Gambia
$716
2.1M
Togo
$679
7.8M
Liberia
$677
4.73M
Uganda
$643
42.9M
DR Congo
$562
86.8M
Sierra Leone
$534
7.56M
Madagascar
$528
25.6M
Afghanistan
$521
34.9M
Mozambique
$499
29.7M
Central African Republic
$476
4.66M
Niger
$414
21.5M
Malawi
$389
18.6M
Somalia
$315
11M

Oman vs

CountryGDP
per capita
Population
Saudi Arabia
$23k
33M
Estonia
$23k
1.32M
Czech Republic
$23k
10.7M
Vatican City
$21k
1k
Greece
$20k
10.8M
Curacao
$20k
160k
Slovakia
$19k
5.4M
Saint Kitts and Nevis
$19k
55.3k
Lithuania
$19k
2.79M
Barbados
$18k
286k
Latvia
$18k
1.91M
Uruguay
$17k
3.46M
Trinidad and Tobago
$17k
1.37M
Antigua and Barbuda
$17k
102k
Seychelles
$16k
95.8k
Hungary
$16k
9.94M
Venezuela
$16k
28.5M
Chile
$16k
18.1M
Palau
$16k
21.7k
Panama
$16k
4.1M
Poland
$15k
38.4M
Croatia
$15k
4.11M
Romania
$12k
19.6M
Costa Rica
$12k
4.91M
Argentina
$12k
44.9M
Malaysia
$11k
31.6M
Russia
$11k
147M
Mauritius
$11k
1.26M
Grenada
$11k
108k
Saint Lucia
$11k
179k