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Economy of Burkina Faso vs Slovenia compared: GDP & Debt

Updated on by Georank team

Burkina Faso has a GDP of $23.1B compared to $73B for Slovenia, ranking 122/197 and 86/197 by economy size, respectively.

Burkina Faso has $13.2B in government debt (57.2% of GDP), compared to $48.6B (66.6% of GDP) in Slovenia.

Burkina Faso vs Slovenia GDP by year

Burkina Faso
Slovenia
1x
Year GDP, current $
Burkina Faso Slovenia
2024 $23,124,729,853 $72,972,015,197
2023 $20,112,614,449 $69,255,264,238
2022 $18,622,421,395 $59,899,117,741
2021 $19,697,516,284 $61,540,813,362
2020 $17,725,010,533 $53,384,760,135
2019 $16,032,813,503 $53,909,922,736
2018 $15,890,066,221 $53,689,067,640
2017 $14,106,955,615 $48,153,200,135
2016 $12,833,363,045 $44,290,685,824
2015 $11,832,159,316 $42,709,468,275
2014 $13,943,016,077 $49,514,466,380
2013 $13,444,300,486 $47,867,056,859
2012 $12,561,015,157 $46,167,053,954
2011 $12,080,295,978 $51,199,194,599
2010 $10,109,619,741 $47,793,117,241
2009 $9,450,696,873 $49,975,540,955
2008 $9,451,435,490 $55,509,332,322
2007 $7,625,722,837 $47,880,266,543
2006 $6,547,419,820 $39,260,368,837
2005 $6,146,353,173 $35,947,936,824
2004 $5,451,688,538 $34,156,553,313
2003 $4,740,768,143 $29,360,575,032
2002 $3,622,350,063 $23,214,593,516
2001 $3,190,371,081 $20,668,868,707
2000 $2,968,370,088 $20,159,190,702
1999 $3,389,566,713 $22,609,669,084
1998 $2,804,902,367 $22,058,635,314
1997 $2,447,669,102 $20,726,878,752
1996 $2,586,550,595 $21,470,699,363
1995 $2,379,517,975 $21,367,422,159
1994 $1,895,290,637 $16,400,767,070
1993 $3,199,536,465 $14,449,298,372
1992 $3,356,692,505 $14,277,261,541
1991 $3,135,045,584 $14,454,495,059
1990 $3,101,300,779 $19,832,029,087
1989 $2,615,587,734 -
1988 $2,616,040,479 -
1987 $2,369,834,950 -
1986 $2,036,303,358 -
1985 $1,552,493,196 -
1984 $1,459,880,132 -
1983 $1,600,278,605 -
1982 $1,754,450,096 -
1981 $1,775,842,334 -
1980 $1,928,719,888 -
1979 $1,748,480,621 -
1978 $1,475,583,645 -
1977 $1,131,224,878 -
1976 $976,547,188 -
1975 $939,972,703 -
1974 $751,133,430 -
1973 $674,773,570 -
1972 $578,595,522 -
1971 $482,411,179 -
1970 $458,404,269 -
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/slovenia | CC BY

GDP per capita in Burkina Faso vs Slovenia by year

Burkina Faso
GDP per capita

GDP per capita, PPP
Slovenia
GDP per capita

GDP per capita, PPP
1x
Year Current $
Burkina Faso Slovenia
GDP per capita GDP per capita, PPP GDP per capita GDP per capita, PPP
2024 $982 $2,896 $34,301 $57,186
2023 $873 $2,759 $32,660 $56,064
2022 $827 $2,645 $28,360 $52,347
2021 $896 $2,486 $29,193 $45,914
2020 $825 $2,381 $25,392 $41,767
2019 $765 $2,232 $25,814 $42,373
2018 $777 $2,073 $25,888 $38,620
2017 $709 $2,042 $23,303 $36,180
2016 $664 $1,882 $21,448 $33,575
2015 $630 $1,692 $20,697 $31,336
2014 $765 $1,661 $24,013 $30,572
2013 $760 $1,643 $23,237 $29,634
2012 $731 $1,572 $22,442 $28,787
2011 $725 $1,531 $24,941 $28,716
2010 $625 $1,449 $23,330 $27,579
2009 $602 $1,360 $24,502 $27,229
2008 $619 $1,351 $27,462 $29,461
2007 $515 $1,290 $23,725 $27,468
2006 $456 $1,244 $19,563 $25,571
2005 $441 $1,172 $17,970 $23,682
2004 $404 $1,079 $17,104 $22,588
2003 $362 $1,038 $14,712 $20,916
2002 $285.7 $974 $11,639 $20,004
2001 $259.5 $948 $10,376 $18,763
2000 $248.9 $896 $10,136 $17,892
1999 $292.8 $886 $11,401 $17,007
1998 $249.5 $838 $11,132 $15,994
1997 $223.9 $794 $10,437 $15,257
1996 $242.7 $753 $10,797 $14,284
1995 $229.1 $684 $10,738 $13,637
1994 $187.2 $650 $8,244 $13,975
1993 $324 $644 $7,255 $12,976
1992 $349 $623 $7,151 $12,296
1991 $334 $623 $7,229 $12,698
1990 $339 $567 $9,925 $13,491
1989 $293.2 - - -
1988 $301 - - -
1987 $280.2 - - -
1986 $247.5 - - -
1985 $194.1 - - -
1984 $187.8 - - -
1983 $211.9 - - -
1982 $239 - - -
1981 $248.7 - - -
1980 $277.6 - - -
1979 $258.5 - - -
1978 $223.9 - - -
1977 $176 - - -
1976 $155.5 - - -
1975 $152.9 - - -
1974 $124.7 - - -
1973 $114.1 - - -
1972 $99.6 - - -
1971 $84.5 - - -
1970 $81.7 - - -
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/slovenia | CC BY

Burkina Faso's GDP per capita is $982, ranking 180/197, compared to $34,301 in Slovenia, ranking 34/197. Adjusted for purchasing power (GDP per capita PPP), Burkina Faso ranks 181st at $2,896, while Slovenia ranks 37th at $57,186.

Economic indicators

Burkina Faso Slovenia
Gross domestic product
$23.1B
2024
$73B
2024
GDP rank
122/197
2024
86/197
2024
GDP growth
4.8%
2023-2024
1.73%
2023-2024
GDP per capita
$982
2024
$34,301
2024
GDP per capita rank
180/197
2024
34/197
2024
GDP per capita, PPP
$2,896
2024
$57,186
2024
GDP per capita PPP rank
181/197
2024
37/197
2024
Government debt
$13.2B
2024
$48.6B
2024
Debt-to-GDP ratio
57.2%
2024
66.6%
2024
Government debt per person
$562
2024
$22,842
2024
Government debt per person rank
162/185
2024
29/185
2024
Average annual personal income after taxes
$2,710
2026
$22,215
2026
Market capitalization of domestic companies n/a
$11.4B
2024
Income share by richest 10%
30.2%
2021
20.6%
2023
Income share by poorest 10%
3%
2021
4.1%
2023
Government expenditure, % of GDP
27.8%
2024
46.5%
2024
Consumer prices inflation
4.19%
2023-2024
1.97%
2023-2024
Unemployment rate
3.44%
2024
3.7%
2024
Population
24756783
2124138

Spending and national debt comparison by year

Burkina Faso
Spending

Debt
Slovenia
Spending

Debt
1x
Year % of GDP
Burkina Faso Slovenia
Government spending Government debt Government spending Government debt
2024 27.8% 57.2% 46.5% 66.6%
2023 29.4% 56.8% 46.4% 68.3%
2022 32.9% 59.2% 47.7% 72.8%
2021 27.8% 55.5% 49.9% 74.8%
2020 24.4% 43.6% 51.8% 80.2%
2019 23.3% 41.7% 43.8% 66%
2018 24.2% 38.1% 44.1% 71%
2017 26.3% 33.9% 44.6% 74.9%
2016 21.6% 32.9% 46.9% 79.4%
2015 20.4% 31.3% 49.5% 83.4%
2014 20.9% 26.1% 50.6% 81.1%
2013 25.3% 25.9% 57.7% 70.8%
2012 22.7% 25.2% 50% 54.1%
2011 20.4% 24.5% 51.4% 46.8%
2010 21.7% 23.7% 50.7% 38.6%
2009 21.5% 25.9% 50% 34.9%
2008 18.6% 24.9% 45.2% 21.9%
2007 22.8% 22.4% 43.5% 22.9%
2006 21.9% 20.1% 45.7% 26.2%
2005 20.2% 39.2% 46.7% 26.6%
2004 20.3% 40.7% 46.9% 27.1%
2003 17.6% 39.7% 47.6% 27%
2002 19.5% 43.3% 47.8% 27.7%
2001 19.7% 46.6% 49.2% 26.3%
2000 19.8% 47.5% 47.8% 26.1%
1999 21.4% 46.4% 47.2% 23.8%
1998 19.7% 47.7% 46.4% 22.8%
1997 20% 48.4% 45.4% 22.1%
1996 19.8% 45.8% 45.2% 21.6%
1995 19.4% 48.9% 53% 18.2%
1994 17.8% 55.1% - -
1993 17.9% 33.6% - -
1992 16.7% 29.6% - -
1991 17% 28.7% - -
1990 18.4% 25.6% - -
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/slovenia | CC BY

In 2024, Burkina Faso's government spending was $6.43B, accounting for 27.8% of its GDP, while Slovenia spent $33.9B, or 46.5% of GDP.

Debt-to-GDP ratio is 57.2% in Burkina Faso and 66.6% in Slovenia, ranking 89/185 and 66/185, respectively.

Government deficit by year

Deficit/surplus
Burkina Faso

Slovenia
1x
Year Deficit/surplus, % of GDP
Burkina Faso Slovenia
2024 -5.84% -0.93%
2023 -6.91% -2.59%
2022 -10.9% -3.02%
2021 -7.45% -4.61%
2020 -5.16% -7.68%
2019 -3.39% 0.68%
2018 -4.43% 0.9%
2017 -6.92% 0.05%
2016 -3.08% -2%
2015 -2.09% -2.84%
2014 -1.74% -4.53%
2013 -3.55% -11.2%
2012 -2.76% -4.2%
2011 -2.04% -6.69%
2010 -4.06% -5.56%
2009 -4.16% -5.87%
2008 -3.63% -1.44%
2007 -5.01% -0.08%
2006 14.3% -1.26%
2005 -4.89% -1.38%
2004 -4.19% -1.98%
2003 -1.79% -2.66%
2002 -4.43% -2.47%
2001 -3.56% -4.58%
2000 -3.03% -3.77%
1999 -3.29% -3.04%
1998 -2.6% -2.39%
1997 -2.64% -2.37%
1996 -1.67% -1.16%
1995 -2.65% -8.19%
1994 -1.89% -
1993 -3.81% -
1992 -2.51% -
1991 -2.77% -
1990 -7.54% -
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/slovenia | 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 Slovenia's deficit of $681M, or 0.93% of GDP.

Over the past 30 years, Burkina Faso recorded a fiscal deficit in 29 of those years, while Slovenia ran a deficit in 27 years. On average, Burkina Faso posted an annual deficit equal to 3.45% of GDP, compared to deficit of 3.23% of GDP for Slovenia.

Inflation comparison by year

Inflation
Burkina Faso

Slovenia
1x
Year Consumer prices inflation
Burkina Faso Slovenia
2024 4.19% 1.97%
2023 0.74% 7.45%
2022 14.3% 8.83%
2021 3.65% 1.92%
2020 1.88% -0.05%
2019 -3.23% 1.63%
2018 1.96% 1.74%
2017 1.48% 1.43%
2016 0.44% -0.05%
2015 0.72% -0.53%
2014 -0.26% 0.2%
2013 0.53% 1.77%
2012 3.82% 2.6%
2011 2.76% 1.8%
2010 -0.76% 1.8%
2009 2.61% 0.84%
2008 10.7% 5.65%
2007 -0.23% 3.66%
2006 2.33% 2.46%
2005 6.42% 2.45%
2004 -0.4% 3.59%
2003 2.03% 5.54%
2002 2.18% 7.48%
2001 5.01% 8.38%
2000 -0.3% 8.91%
1999 -1.07% 6.16%
1998 5.08% 7.89%
1997 2.32% 8.36%

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

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

Over the past 28 years, Burkina Faso has recorded an average annual inflation rate of 2.46%, compared with 3.71% in Slovenia. In 2024, inflation was 4.19% in Burkina Faso and 1.97% in Slovenia.

Top exports between countries

Burkina Faso
Export category Export value
Raw agricultural goods $138K
Animal & marine products $1K
Chemicals & pharma $1K
Machinery & equipment $1K
Processed food, beverages & tobacco $1K
Slovenia
Export category Export value
Machinery & equipment $378K
Wood & paper products $369K
Chemicals & pharma $92K
Raw materials & minerals $12K

Balance of trade

Burkina Faso Slovenia
Current account balance
-$1.02B
2023
$3.32B
2024
Current account balance ranking
122/190
2023
37/190
2024
Current account balance, % of GDP
-5.06%
2023
+4.55%
2024
Goods imports
$5.38B
2023
$45.2B
2024
Goods exports
$5.29B
2023
$45.6B
2024
Service imports
$1.45B
2023
$9.52B
2024
Service exports
$621M
2023
$13.6B
2024
Imports of goods and services, % of GDP
31.9%
2024
74.7%
2024
Exports of goods and services, % of GDP
28.6%
2024
80.9%
2024

Economic freedom indices

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

Burkina Faso Slovenia
Economic freedom 49.1 69.7
Economic freedom ranking 167/197 40/197
Property rights 17.6 87.6
Government integrity 40.2 66.1
Judicial effectiveness 26.1 91.6
Tax burden 80.8 55.5
Government spending 72.9 34.1
Fiscal health 13.4 83.5
Business freedom 37.8 78.7
Labor freedom 62.1 62.7
Monetary freedom 71.9 77.5
Trade freedom 61 79.4
Investment freedom 65 70
Financial freedom 40 50

Economic freedom comparison by year

Burkina Faso
Slovenia
1x
Year Economic freedom index
Burkina Faso Slovenia
2026 49.1 69.7
2025 51 68.3
2024 51.9 65.9
2023 56.2 68.5
2022 58.3 70.5
2021 56.5 68.3
2020 56.7 67.8
2019 59.4 65.5
2018 60 64.8
2017 59.6 59.2
2016 59.1 60.6
2015 58.6 60.3
2014 58.9 62.7
2013 59.9 61.7
2012 60.6 62.9
2011 60.6 64.6
2010 59.4 64.7
2009 59.5 62.9
2008 55.7 60.2
2007 55.1 59.6
2006 55.8 61.9
2005 56.6 59.6
2004 58 59.2
2003 58.9 57.7
2002 58.8 57.8
2001 56.7 61.8
2000 55.7 58.3
1999 55 61.3
1998 54.5 60.7
1997 54 55.6
1996 49.4 50.4

Data sources: The Heritage Foundation | Economic Freedom Index (1996–2026, retrieved 2026-03-09).

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

The Economic Freedom Index for Burkina Faso is 49.1, ranking 167/197, compared to 69.7 for Slovenia, ranking 40/197. The chart above displays a comparison of annual changes in economic freedom indexes.

Other economic metrics

Burkina Faso Slovenia
Services, % of GDP
43.9%
2024
57.9%
2024
Industry, % of GDP
26.5%
2024
29.1%
2024
Agriculture, forestry, and fishing, % of GDP
20.9%
2024
1.54%
2024
GNI, Atlas method
$20.1B
2024
$67.6B
2024
GNI per capita, PPP
$2,720
2024
$56,520
2024
Total reserves including gold n/a
$2.83B
2024
Total reserves ranking n/a
118/177
2024
Net foreign direct investment
-$64.3M
2023
-$405M
2024
Net inflows of foreign direct investment
$82.9M
2024
$1.87B
2024
Net outflows of foreign direct investment
$2.73M
2024
$1.46B
2024
Servicing debt to the IMF, % of GNI
4.07%
2024
n/a
Poverty at national poverty lines
43.2%
2021
12.7%
2022
Gross capital formation, % of GDP
21.9%
2024
21.5%
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/slovenia | 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 (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 (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.