Skip to content

Economy of Burkina Faso vs Qatar compared: GDP & Debt

Updated on by Georank team

Burkina Faso has a GDP of $23.1B compared to $219B for Qatar, ranking 122/197 and 56/197 by economy size, respectively.

Burkina Faso has $13.2B in government debt (57.2% of GDP), compared to $90.2B (41.2% of GDP) in Qatar.

Burkina Faso vs Qatar GDP by year

Burkina Faso
Qatar
1x
Year GDP, current $
Burkina Faso Qatar
2024 $23,124,729,853 $219,162,637,363
2023 $20,112,614,449 $217,308,516,484
2022 $18,622,421,395 $235,709,340,659
2021 $19,697,516,284 $179,732,142,857
2020 $17,725,010,533 $144,411,538,462
2019 $16,032,813,503 $176,371,428,571
2018 $15,890,066,221 $183,335,164,835
2017 $14,106,955,615 $161,099,175,824
2016 $12,833,363,045 $151,732,142,857
2015 $11,832,159,316 $161,739,835,165
2014 $13,943,016,077 $206,224,725,275
2013 $13,444,300,486 $198,727,747,253
2012 $12,561,015,157 $186,833,516,484
2011 $12,080,295,978 $167,775,274,725
2010 $10,109,619,741 $123,627,197,802
2009 $9,450,696,873 $97,798,351,648
2008 $9,451,435,490 $115,270,054,945
2007 $7,625,722,837 $79,712,087,912
2006 $6,547,419,820 $60,882,142,857
2005 $6,146,353,173 $44,530,494,505
2004 $5,451,688,538 $31,734,065,934
2003 $4,740,768,143 $23,533,791,209
2002 $3,622,350,063 $19,363,736,264
2001 $3,190,371,081 $17,538,461,538
2000 $2,968,370,088 $17,759,890,110
1999 $3,389,566,713 $12,393,131,868
1998 $2,804,902,367 $10,255,495,027
1997 $2,447,669,102 $11,297,802,115
1996 $2,586,550,595 $9,059,340,385
1995 $2,379,517,975 $8,137,911,978
1994 $1,895,290,637 $7,374,450,769
1993 $3,199,536,465 $7,156,593,654
1992 $3,356,692,505 $7,646,153,984
1991 $3,135,045,584 $6,883,516,484
1990 $3,101,300,779 $7,360,439,423
1989 $2,615,587,734 $6,487,912,088
1988 $2,616,040,479 $6,038,187,033
1987 $2,369,834,950 $5,446,428,681
1986 $2,036,303,358 $5,053,021,951
1985 $1,552,493,196 $6,153,296,456
1984 $1,459,880,132 $6,704,395,824
1983 $1,600,278,605 $6,467,582,308
1982 $1,754,450,096 $7,596,703,214
1981 $1,775,842,334 $8,661,263,764
1980 $1,928,719,888 $7,829,165,262
1979 $1,748,480,621 $5,632,962,997
1978 $1,475,583,645 $4,052,000,413
1977 $1,131,224,878 $3,617,564,638
1976 $976,547,188 $3,284,273,987
1975 $939,972,703 $2,512,773,166
1974 $751,133,430 $2,401,403,227
1973 $674,773,570 $793,885,560
1972 $578,595,522 $510,262,500
1971 $482,411,179 $387,703,106
1970 $458,404,269 $301,791,302
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/qatar | CC BY

GDP per capita in Burkina Faso vs Qatar by year

Burkina Faso
GDP per capita

GDP per capita, PPP
Qatar
GDP per capita

GDP per capita, PPP
1x
Year Current $
Burkina Faso Qatar
GDP per capita GDP per capita, PPP GDP per capita GDP per capita, PPP
2024 $982 $2,896 $76,689 $126,046
2023 $873 $2,759 $81,817 $129,368
2022 $827 $2,645 $88,701 $122,921
2021 $896 $2,486 $71,752 $116,833
2020 $825 $2,381 $51,684 $82,149
2019 $765 $2,232 $66,841 $107,503
2018 $777 $2,073 $71,040 $110,033
2017 $709 $2,042 $63,280 $99,358
2016 $664 $1,882 $61,254 $89,935
2015 $630 $1,692 $68,985 $102,546
2014 $765 $1,661 $95,841 $148,389
2013 $760 $1,643 $103,697 $169,203
2012 $731 $1,572 $108,470 $180,939
2011 $725 $1,531 $103,262 $174,620
2010 $625 $1,449 $76,463 $151,646
2009 $602 $1,360 $60,786 $125,898
2008 $619 $1,351 $80,781 $126,015
2007 $515 $1,290 $65,954 $124,056
2006 $456 $1,244 $62,582 $127,181
2005 $441 $1,172 $53,950 $115,250
2004 $404 $1,079 $41,036 $110,958
2003 $362 $1,038 $31,602 $94,120
2002 $285.7 $974 $27,227 $93,177
2001 $259.5 $948 $25,871 $89,805
2000 $248.9 $896 $27,535 $88,849
1999 $292.8 $886 $20,234 $84,690
1998 $249.5 $838 $17,665 $84,486
1997 $223.9 $794 $20,523 $79,219
1996 $242.7 $753 $17,125 $62,331
1995 $229.1 $684 $15,823 $60,321
1994 $187.2 $650 $14,765 $59,415
1993 $324 $644 $14,770 $59,125
1992 $349 $623 $16,280 $60,387
1991 $334 $623 $15,133 $54,759
1990 $339 $567 $16,722 $55,659
1989 $293.2 - $15,243 -
1988 $301 - $14,682 -
1987 $280.2 - $13,719 -
1986 $247.5 - $13,213 -
1985 $194.1 - $16,815 -
1984 $187.8 - $19,272 -
1983 $211.9 - $19,616 -
1982 $239 - $24,385 -
1981 $248.7 - $29,505 -
1980 $277.6 - $28,375 -
1979 $258.5 - $21,777 -
1978 $223.9 - $16,757 -
1977 $176 - $16,058 -
1976 $155.5 - $15,710 -
1975 $152.9 - $13,014 -
1974 $124.7 - $13,540 -
1973 $114.1 - $4,905 -
1972 $99.6 - $3,483 -
1971 $84.5 - $2,952 -
1970 $81.7 - $2,594 -
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/qatar | CC BY

Burkina Faso's GDP per capita is $982, ranking 180/197, compared to $76,689 in Qatar, ranking 11/197. Adjusted for purchasing power (GDP per capita PPP), Burkina Faso ranks 181st at $2,896, while Qatar ranks 5th at $126,046.

Economic indicators

Burkina Faso Qatar
Gross domestic product
$23.1B
2024
$219B
2024
GDP rank
122/197
2024
56/197
2024
GDP growth
4.8%
2023-2024
2.36%
2023-2024
GDP per capita
$982
2024
$76,689
2024
GDP per capita rank
180/197
2024
11/197
2024
GDP per capita, PPP
$2,896
2024
$126,046
2024
GDP per capita PPP rank
181/197
2024
5/197
2024
Government debt
$13.2B
2024
$90.2B
2024
Debt-to-GDP ratio
57.2%
2024
41.2%
2024
Government debt per person
$562
2024
$31,579
2024
Government debt per person rank
162/185
2024
23/185
2024
Average annual personal income after taxes
$2,710
2026
$35,660
2026
Market capitalization of domestic companies n/a
$170M
2024
Number of millionaires n/a
26,163
2025
Number of billionaires n/a
2
2025
Income share by richest 10%
30.2%
2021
25.8%
2017
Income share by poorest 10%
3%
2021
2.6%
2017
Government expenditure, % of GDP
27.8%
2024
26%
2024
Consumer prices inflation
4.19%
2023-2024
1.27%
2023-2024
Central bank interest rate n/a
4.1%
2025
Unemployment rate
3.44%
2024
0.13%
2022
Population
24756783
2999260

Spending and national debt comparison by year

Burkina Faso
Spending

Debt
Qatar
Spending

Debt
1x
Year % of GDP
Burkina Faso Qatar
Government spending Government debt Government spending Government debt
2024 27.8% 57.2% 26% 41.2%
2023 29.4% 56.8% 27.3% 43.7%
2022 32.9% 59.2% 24.3% 42.6%
2021 27.8% 55.5% 29.4% 58.4%
2020 24.4% 43.6% 34.7% 72.6%
2019 23.3% 41.7% 32.5% 62.1%
2018 24.2% 38.1% 28.9% 52.2%
2017 26.3% 33.9% 34.7% 51.6%
2016 21.6% 32.9% 40.1% 46.7%
2015 20.4% 31.3% 38.6% 35.5%
2014 20.9% 26.1% 32.3% 24.9%
2013 25.3% 25.9% 28.3% 30.9%
2012 22.7% 25.2% 31% 32.1%
2011 20.4% 24.5% 28.5% 33.5%
2010 21.7% 23.7% 32% 30.4%
2009 21.5% 25.9% 36.4% 36%
2008 18.6% 24.9% 23.5% 11.4%
2007 22.8% 22.4% 29.5% 9.37%
2006 21.9% 20.1% 29.5% 13.9%
2005 20.2% 39.2% 29% 19.1%
2004 20.3% 40.7% 29.9% 30.1%
2003 17.6% 39.7% 28.5% 38.8%
2002 19.5% 43.3% 31.6% 47.7%
2001 19.7% 46.6% 32.1% 59.2%
2000 19.8% 47.5% 29.8% 51.6%
1999 21.4% 46.4% 42.4% 81.8%
1998 19.7% 47.7% 55.1% 76.6%
1997 20% 48.4% 47.6% 54.4%
1996 19.8% 45.8% 55.2% 57.8%
1995 19.4% 48.9% 52.2% 50.2%
1994 17.8% 55.1% 59.8% 54.8%
1993 17.9% 33.6% 62.8% 46.3%
1992 16.7% 29.6% 54.2% 19.9%
1991 17% 28.7% 57.5% 21.8%
1990 18.4% 25.6% 50% 12.6%
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/qatar | CC BY

In 2024, Burkina Faso's government spending was $6.43B, accounting for 27.8% of its GDP, while Qatar spent $56.9B, or 26% of GDP.

Debt-to-GDP ratio is 57.2% in Burkina Faso and 41.2% in Qatar, ranking 89/185 and 130/185, respectively.

Government deficit by year

Deficit/surplus
Burkina Faso

Qatar
1x
Year Deficit/surplus, % of GDP
Burkina Faso Qatar
2024 -5.84% 0.69%
2023 -6.91% 5.56%
2022 -10.9% 10.4%
2021 -7.45% 0.24%
2020 -5.16% -2.13%
2019 -3.39% 1%
2018 -4.43% 2.26%
2017 -6.92% -6.82%
2016 -3.08% -9.2%
2015 -2.09% 18.4%
2014 -1.74% 13.4%
2013 -3.55% 19.3%
2012 -2.76% 8.55%
2011 -2.04% 5.24%
2010 -4.06% 4.6%
2009 -4.16% 14.1%
2008 -3.63% 9.49%
2007 -5.01% 10.3%
2006 14.3% 8.39%
2005 -4.89% 9.8%
2004 -4.19% 17.7%
2003 -1.79% 6.71%
2002 -4.43% 7.89%
2001 -3.56% 4.48%
2000 -3.03% 4.62%
1999 -3.29% -4.35%
1998 -2.6% -7%
1997 -2.64% -9.4%
1996 -1.67% -8.73%
1995 -2.65% -5.78%
1994 -1.89% -11.8%
1993 -3.81% -9.53%
1992 -2.51% -2.74%
1991 -2.77% -2.57%
1990 -7.54% 3.23%
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/qatar | 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 Qatar's surplus of $1.52B, or 0.69% of GDP.

Over the past 35 years, Burkina Faso recorded a fiscal deficit in 34 of those years, while Qatar ran a deficit in 12 years. On average, Burkina Faso posted an annual deficit equal to 3.49% of GDP, compared to surplus of 3.04% of GDP for Qatar.

Inflation comparison by year

Inflation
Burkina Faso

Qatar
1x
Year Consumer prices inflation
Burkina Faso Qatar
2024 4.19% 1.27%
2023 0.74% 3.03%
2022 14.3% 5%
2021 3.65% 2.3%
2020 1.88% -2.54%
2019 -3.23% -0.67%
2018 1.96% 0.26%
2017 1.48% 0.39%
2016 0.44% 2.68%
2015 0.72% 1.81%
2014 -0.26% 3.35%
2013 0.53% 3.22%
2012 3.82% 2.32%
2011 2.76% 1.14%
2010 -0.76% -2.43%
2009 2.61% -4.86%
2008 10.7% 15.1%
2007 -0.23% 13.8%
2006 2.33% 11.8%
2005 6.42% 8.81%
2004 -0.4% 6.8%
2003 2.03% 2.26%
2002 2.18% 0.24%
2001 5.01% 1.47%
2000 -0.3% 1.65%
1999 -1.07% 2.18%
1998 5.08% 2.95%
1997 2.32% 4.83%

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

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

Over the past 28 years, Burkina Faso has recorded an average annual inflation rate of 2.46%, compared with 3.15% in Qatar. In 2024, inflation was 4.19% in Burkina Faso and 1.27% in Qatar.

Top exports between countries

Burkina Faso
Export category Export value
Raw agricultural goods $94K
Raw materials & minerals $29K
Qatar
Export category Export value
Chemicals & pharma $542K
Raw materials & minerals $41K
Machinery & equipment $25K

Balance of trade

Burkina Faso Qatar
Current account balance
-$1.02B
2023
$37.9B
2024
Current account balance ranking
122/190
2023
16/190
2024
Current account balance, % of GDP
-5.06%
2023
+17.3%
2024
Goods imports
$5.38B
2023
$32.6B
2024
Goods exports
$5.29B
2023
$95B
2024
Service imports
$1.45B
2023
$37.1B
2024
Service exports
$621M
2023
$30.2B
2024
Imports of goods and services, % of GDP
31.9%
2024
31.6%
2022
Exports of goods and services, % of GDP
28.6%
2024
68.6%
2022

Economic freedom indices

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

Burkina Faso Qatar
Economic freedom 49.1 70.2
Economic freedom ranking 167/197 37/197
Property rights 17.6 66.2
Government integrity 40.2 53.5
Judicial effectiveness 26.1 41.5
Tax burden 80.8 99.9
Government spending 72.9 79.9
Fiscal health 13.4 96.6
Business freedom 37.8 68
Labor freedom 62.1 58.5
Monetary freedom 71.9 76
Trade freedom 61 81.8
Investment freedom 65 60
Financial freedom 40 60

Economic freedom comparison by year

Burkina Faso
Qatar
1x
Year Economic freedom index
Burkina Faso Qatar
2026 49.1 70.2
2025 51 70.2
2024 51.9 68.8
2023 56.2 68.6
2022 58.3 67.7
2021 56.5 72
2020 56.7 72.3
2019 59.4 72.6
2018 60 72.6
2017 59.6 73.1
2016 59.1 70.7
2015 58.6 70.8
2014 58.9 71.2
2013 59.9 71.3
2012 60.6 71.3
2011 60.6 70.5
2010 59.4 69
2009 59.5 65.8
2008 55.7 62.2
2007 55.1 62.9
2006 55.8 62.4
2005 56.6 63.5
2004 58 66.5
2003 58.9 65.9
2002 58.8 61.9
2001 56.7 60
2000 55.7 62
1999 55 62
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/qatar | CC BY

The Economic Freedom Index for Burkina Faso is 49.1, ranking 167/197, compared to 70.2 for Qatar, ranking 37/197. The chart above displays a comparison of annual changes in economic freedom indexes.

Other economic metrics

Burkina Faso Qatar
Services, % of GDP
43.9%
2024
46.1%
2024
Industry, % of GDP
26.5%
2024
58.2%
2024
Agriculture, forestry, and fishing, % of GDP
20.9%
2024
0.29%
2024
GNI, Atlas method
$20.1B
2024
$221B
2024
GNI per capita, PPP
$2,720
2024
$121,900
2024
Total reserves including gold n/a
$54B
2024
Total reserves ranking n/a
40/177
2024
Net foreign direct investment
-$64.3M
2023
$1.1B
2024
Net inflows of foreign direct investment
$82.9M
2024
$460M
2024
Net outflows of foreign direct investment
$2.73M
2024
$1.56B
2024
Servicing debt to the IMF, % of GNI
4.07%
2024
n/a
Poverty at national poverty lines
43.2%
2021
n/a
Gross capital formation, % of GDP
21.9%
2024
30.6%
2022

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/qatar | CC BY

Compare countries by 7 more topics

Help us show the world through your eyes

Share a photo of your city and help others discover what it looks like to live there. Your contribution makes our data come alive.

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. TradeMap (2020–2023, 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.