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Economy of Burkina Faso vs Yemen compared: GDP & Debt

Updated on by Georank team

Burkina Faso has a GDP of $23.3B compared to $21.6B for Yemen, ranking 122/197 and 124/197 by economy size, respectively.

Burkina Faso has $12.2B in government debt (50.2% of GDP), compared to $18.8B (71.2% of GDP) in Yemen.

The chart below compares the two countries' GDP growth in both current (nominal) and constant dollars, accounting for inflation over time.

Burkina Faso
GDP, current $

GDP, constant 2015 $
Yemen
GDP, current $

GDP, constant 2015 $
Year GDP
Burkina Faso Yemen
Current $ Constant $ Current $ Constant $
1960 $330,442,816 $1,166,782,786 - -
1961 $350,247,234 $1,213,966,642 - -
1962 $379,567,099 $1,288,368,214 - -
1963 $394,040,667 $1,272,031,494 - -
1964 $410,321,645 $1,301,069,674 - -
1965 $422,916,790 $1,350,049,032 - -
1966 $433,889,766 $1,357,307,072 - -
1967 $450,753,924 $1,477,066,551 - -
1968 $460,442,689 $1,522,423,925 - -
1969 $478,298,645 $1,553,269,468 - -
1970 $458,404,269 $1,555,087,098 - -
1971 $482,411,179 $1,577,065,764 - -
1972 $578,595,522 $1,613,519,619 - -
1973 $674,773,570 $1,620,769,605 - -
1974 $751,133,430 $1,755,073,487 - -
1975 $939,972,703 $1,807,697,310 - -
1976 $976,547,188 $1,961,982,376 - -
1977 $1,131,224,878 $1,969,248,648 - -
1978 $1,475,583,645 $2,059,988,180 - -
1979 $1,748,480,621 $2,135,478,950 - -
1980 $1,928,719,888 $2,152,496,130 - -
1981 $1,775,842,334 $2,244,091,371 - -
1982 $1,754,450,096 $2,458,675,800 - -
1983 $1,600,278,605 $2,467,182,444 - -
1984 $1,459,880,132 $2,423,298,751 - -
1985 $1,552,493,196 $2,629,699,951 - -
1986 $2,036,303,358 $2,838,902,120 - -
1987 $2,369,834,950 $2,832,192,750 - -
1988 $2,616,040,479 $2,996,335,114 - -
1989 $2,615,587,734 $3,060,764,327 - -
1990 $3,101,300,779 $3,042,310,108 $12,643,821,569 $23,917,787,986
1991 $3,135,045,584 $3,318,247,161 $14,665,445,462 $25,423,052,504
1992 $3,356,692,505 $3,325,969,080 $17,959,367,194 $27,509,674,488
1993 $3,199,536,465 $3,441,093,673 $21,736,802,664 $28,610,602,412
1994 $1,895,290,637 $3,486,344,305 $28,019,483,764 $30,533,792,550
1995 $2,379,517,975 $3,685,636,779 $12,796,345,679 $32,264,866,629
1996 $2,586,550,595 $4,091,600,230 $6,496,163,616 $33,760,332,652
1997 $2,447,669,102 $4,350,059,855 $6,838,298,531 $35,526,373,478
1998 $2,804,902,367 $4,667,950,033 $6,322,175,566 $37,660,334,235
1999 $3,389,566,713 $5,013,156,038 $7,639,325,296 $39,082,211,639
2000 $2,968,370,088 $5,107,828,181 $9,679,316,770 $41,498,240,974
2001 $3,190,371,081 $5,445,629,584 $9,852,990,693 $43,076,687,104
2002 $3,622,350,063 $5,682,675,870 $10,693,430,511 $44,771,854,466
2003 $4,740,768,143 $6,126,066,307 $11,777,532,662 $46,449,634,128
2004 $5,451,688,538 $6,400,419,255 $13,867,634,371 $48,294,937,071
2005 $6,146,353,173 $6,954,815,456 $16,731,566,717 $50,995,468,285
2006 $6,547,419,820 $7,389,711,521 $19,063,143,370 $52,612,233,385
2007 $7,625,722,837 $7,693,530,570 $21,650,528,674 $54,368,654,892
2008 $9,451,435,490 $8,139,754,707 $26,910,855,807 $56,351,789,349
2009 $9,450,696,873 $8,380,850,242 $25,130,278,213 $58,530,478,862
2010 $10,109,619,741 $9,088,720,452 $30,906,749,533 $63,038,676,059
2011 $12,080,295,978 $9,690,626,654 $32,726,417,878 $55,023,373,391
2012 $12,561,015,157 $10,315,931,044 $35,401,331,609 $56,340,077,326
2013 $13,444,300,486 $10,913,490,102 $40,415,233,436 $59,057,651,706
2014 $13,943,016,077 $11,385,699,970 $43,228,585,321 $58,946,215,682
2015 $11,832,159,316 $11,832,159,316 $42,444,490,074 $42,444,490,074
2016 $12,833,363,045 $12,537,116,612 $31,317,825,274 $38,465,266,573
2017 $14,106,955,615 $13,314,855,313 $26,842,229,045 $36,514,386,859
2018 $15,890,066,221 $14,194,244,129 $21,606,160,663 $36,789,138,484
2019 $16,032,813,503 $15,030,172,259 - -
2020 $17,725,010,533 $15,332,394,849 - -
2021 $19,697,516,284 $16,396,850,183 - -
2022 $18,820,218,691 $16,642,350,340 - -
2023 $20,324,617,845 $17,134,994,111 - -
2024 $23,250,214,910 $17,989,191,218 - -

Economic indicators

Burkina Faso Yemen
Gross domestic product
$23.3B
2024
$21.6B
2018
GDP rank
122/197
2024
124/197
2018
GDP growth
14.4%
2023-2024
-19.5%
2017-2018
GDP per capita
$987
2024
$634
2018
GDP per capita rank
179/197
2024
192/197
2018
GDP per capita, PPP
$2,896
2024
$3,164
2013
Government debt
$12.2B
2024
$18.8B
2018
Debt-to-GDP ratio
50.2%
2025
71.2%
2025
Government debt per person
$520
2024
$551
2018
Government debt per person rank
166/185
2024
164/185
2018
Average annual personal income after taxes
$2,810
2025
$1,333
2025
Income share by richest 10%
30.2%
2021
29.4%
2014
Income share by poorest 10%
3%
2021
3%
2014
Government expenditure, % of GDP
24.1%
2025
9.59%
2025
Consumer prices inflation
4.19%
2023-2024
20.4%
2024-2025
Unemployment rate
3.44%
2024
13.5%
2014
Population
24497999
42727988

GDP per capita in Burkina Faso vs Yemen

Burkina Faso's GDP per capita is $987, ranking 179/197, compared to $634 in Yemen, ranking 192/197. Adjusted for purchasing power (GDP per capita PPP), Burkina Faso ranks 182nd at $2,896, while Yemen ranks 178th at $3,164.

Burkina Faso
GDP per capita

GDP per capita, PPP
Yemen
GDP per capita

GDP per capita, PPP
Year Current $
Burkina Faso Yemen
GDP per capita GDP per capita, PPP GDP per capita GDP per capita, PPP
1960 $69.2 - - -
1961 $72.2 - - -
1962 $77.2 - - -
1963 $78.9 - - -
1964 $80.9 - - -
1965 $82.1 - - -
1966 $82.8 - - -
1967 $84.6 - - -
1968 $85 - - -
1969 $86.8 - - -
1970 $81.7 - - -
1971 $84.5 - - -
1972 $99.6 - - -
1973 $114.1 - - -
1974 $124.7 - - -
1975 $152.9 - - -
1976 $155.5 - - -
1977 $176 - - -
1978 $223.9 - - -
1979 $258.5 - - -
1980 $277.6 - - -
1981 $248.7 - - -
1982 $239 - - -
1983 $211.9 - - -
1984 $187.8 - - -
1985 $194.1 - - -
1986 $247.5 - - -
1987 $280.2 - - -
1988 $301 - - -
1989 $293.2 - - -
1990 $339 $567 $910 $1,742
1991 $334 $623 $1,016 $1,843
1992 $349 $623 $1,198 $1,963
1993 $324 $644 $1,397 $2,013
1994 $187.2 $650 $1,735 $2,115
1995 $229.1 $684 $764 $2,201
1996 $242.7 $753 $375 $2,268
1997 $223.9 $794 $383 $2,351
1998 $249.5 $838 $343 $2,442
1999 $292.8 $886 $401 $2,492
2000 $248.9 $896 $493 $2,624
2001 $259.5 $948 $487 $2,702
2002 $285.7 $974 $513 $2,768
2003 $362 $1,038 $549 $2,844
2004 $404 $1,079 $628 $2,949
2005 $441 $1,172 $734 $3,113
2006 $456 $1,244 $810 $3,205
2007 $515 $1,290 $890 $3,294
2008 $619 $1,351 $1,072 $3,370
2009 $602 $1,360 $969 $3,411
2010 $625 $1,449 $1,155 $3,603
2011 $725 $1,531 $1,186 $3,113
2012 $731 $1,572 $1,245 $3,005
2013 $760 $1,643 $1,379 $3,164
2014 $765 $1,661 $1,430 -
2015 $630 $1,692 $1,362 -
2016 $664 $1,882 $975 -
2017 $709 $2,042 $811 -
2018 $777 $2,073 $634 -
2019 $765 $2,232 - -
2020 $825 $2,381 - -
2021 $896 $2,486 - -
2022 $836 $2,642 - -
2023 $883 $2,755 - -
2024 $987 $2,896 - -

Spending and national debt comparison

In 2024, Burkina Faso's government spending was $6.21B, accounting for 24.1% of its GDP, while Yemen's spent $3.08B, or 9.59% of GDP.

Debt-to-GDP ratio is 50.2% in Burkina Faso and 71.2% in Yemen, ranking 110/185 and 54/185, respectively.

Burkina Faso
Government spending

Government debt
Yemen
Government spending

Government debt
Year % of GDP
Burkina Faso Yemen
Government spending Government debt Government spending Government debt
1985 11.5% 28.5% - -
1986 16.3% 27.6% - -
1987 19.2% 30.7% - -
1988 16.2% 28.8% - -
1989 14.2% 25.5% - -
1990 18.4% 25.6% 26.6% 91.6%
1991 17% 28.7% 24.7% 82.7%
1992 16.7% 29.6% 24.6% 78%
1993 17.9% 33.6% 25.8% 76.7%
1994 17.8% 55.1% 25.2% 73.3%
1995 19.4% 48.9% 24.1% 84.1%
1996 19.8% 45.8% 30.7% 114.9%
1997 20% 48.4% 34.2% 74.2%
1998 19.7% 47.7% 34.3% 110.6%
1999 21.4% 46.4% 28.2% 96.1%
2000 19.8% 47.5% 31.7% 60.8%
2001 19.7% 46.6% 30.5% 60.6%
2002 19.5% 43.3% 30.8% 57.8%
2003 17.6% 39.7% 35.3% 56.8%
2004 20.3% 40.7% 34.2% 52.1%
2005 20.2% 39.2% 36.8% 43.8%
2006 21.9% 20.1% 37.4% 40.8%
2007 22.8% 22.4% 40.3% 40.4%
2008 18.6% 24.9% 41.2% 36.4%
2009 21.5% 25.9% 35.2% 49.8%
2010 21.7% 22.7% 30.2% 42.4%
2011 20.4% 28.4% 29.8% 45.7%
2012 22.7% 25.2% 36.2% 47.6%
2013 25.3% 25.9% 30.8% 48.4%
2014 20.9% 26.1% 27.8% 48.9%
2015 20.4% 31.3% 19.4% 57.7%
2016 21.6% 32.9% 16.1% 76.5%
2017 26.3% 33.9% 8.39% 83.8%
2018 24.2% 38.1% 14.3% 86.9%
2019 23.3% 41.7% 13.2% 91.5%
2020 24.4% 43.6% 10.6% 87%
2021 27.8% 55.4% 8.22% 75.9%
2022 31.3% 56.4% 12.2% 65.3%
2023 27.9% 52.7% 11.8% 77.9%
2024 26.7% 52.7% 8.91% 70.9%
2025 24.1% 50.2% 9.59% 71.2%

Government deficit by year

In 2018, Burkina Faso's government deficit, the difference between spending and revenue, was -$705M, equivalent to -4.43% of GDP. This compares to Yemen's deficit of -$1.7B, or -7.85% of GDP.

Over the past 29 years, Burkina Faso recorded a fiscal deficit in 28 of those years, while Yemen ran a deficit in 25 years. On average, Burkina Faso posted an annual deficit equal to -2.84% of GDP, compared to deficit of -5.04% of GDP for Yemen.

Deficit/surplus
Burkina Faso

Yemen
Year Deficit/surplus, % of GDP
Burkina Faso Yemen
1985 -1.21% -
1986 -5.1% -
1987 -5.27% -
1988 -4.32% -
1989 1.96% -
1990 -7.54% -10.3%
1991 -2.77% -5.76%
1992 -2.51% -10.9%
1993 -3.81% -12.8%
1994 -1.89% -14%
1995 -2.65% -5.74%
1996 -1.67% -0.92%
1997 -2.64% -1.5%
1998 -2.6% -7.77%
1999 -3.29% 0.06%
2000 -3.03% 6.09%
2001 -3.56% 2.79%
2002 -4.43% -0.56%
2003 -1.79% -4.2%
2004 -4.19% -2.15%
2005 -4.89% -1.82%
2006 14.3% 1.19%
2007 -5.01% -7.18%
2008 -3.63% -4.53%
2009 -4.16% -10.2%
2010 -4.06% -4.06%
2011 -2.04% -4.51%
2012 -2.76% -6.32%
2013 -3.55% -6.9%
2014 -1.74% -4.14%
2015 -2.09% -8.75%
2016 -3.08% -8.51%
2017 -6.92% -4.9%
2018 -4.43% -7.85%
2019 -3.39% -5.89%
2020 -5.16% -4.3%
2021 -7.43% -0.89%
2022 -10.4% -2.15%
2023 -6.56% -5.63%
2024 -5.68% -2.48%
2025 -4.31% -3.73%

Inflation comparison by year

Over the past 29 years, Burkina Faso has recorded an average annual inflation rate of 2.58%, compared with 16.3% in Yemen. In 2024, inflation was 4.19% in Burkina Faso and 20.4% in Yemen.

Inflation
Burkina Faso

Yemen
Year Inflation
Burkina Faso Yemen Burkina Faso Yemen
1996 6.1% 38.8%
1997 2.32% 4.6%
1998 5.08% 11.5%
1999 -1.07% 7.9%
2000 -0.3% 11%
2001 5.01% 11.9%
2002 2.18% 12.2%
2003 2.03% 10.8%
2004 -0.4% 12.5%
2005 6.42% 9.9%
2006 2.33% 10.8%
2007 -0.23% 7.9%
2008 10.7% 19%
2009 2.61% 3.7%
2010 -0.76% 11.2%
2011 2.76% 19.5%
2012 3.82% 9.9%
2013 0.53% 11%
2014 -0.26% 8.2%
2015 0.72% 22%
2016 0.44% 21.3%
2017 1.48% 30.4%
2018 1.96% 33.6%
2019 -3.23% 15.7%
2020 1.88% 21.7%
2021 3.65% 31.5%
2022 14.3% 29.5%
2023 0.74% 0.9%
2024 4.19% 33.9%
2025 - 20.4%

Balance of trade

Burkina Faso Yemen
Current account balance
-$1.02B
2023
-$2.42B
2016
Current account balance ranking
121/189
2023
146/189
2016
Current account balance, % of GDP
-5%
2023
-7.72%
2016
Goods imports
$5.38B
2023
$6.8B
2016
Goods exports
$5.29B
2023
$473M
2016
Service imports
$1.45B
2023
$1.46B
2016
Service exports
$621M
2023
$466M
2016
Imports of goods and services, % of GDP
34.9%
2024
47.3%
2018
Exports of goods and services, % of GDP
28.5%
2024
8.76%
2018

Economic freedom indices

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

Burkina Faso Yemen
Economic freedom 51 53.7
Economic freedom ranking 157/197 140/197
Property rights 28.1 5.1
Government integrity 40.7 6.1
Judicial effectiveness 35.7 8.3
Tax burden 82 91.5
Government spending 73.3 95.6
Fiscal health 13.7 48.9
Business freedom 38.6 28.4
Labor freedom 61.9 30.7
Monetary freedom 71.9 54.6
Trade freedom 61.4 67.4
Investment freedom 65 50
Financial freedom 40 30

Economic freedom by year comparison

The Economic Freedom Index for Burkina Faso is 51, ranking 157/197, compared to 53.7 for Yemen, ranking 140/197. The chart below displays a comparison of annual changes in economic freedom indexes.

Burkina Faso
Yemen
Year Economic freedom index
Burkina Faso Yemen
1995 - 49.8
1996 49.4 49.6
1997 54 48.4
1998 54.5 46.1
1999 55 43.3
2000 55.7 44.5
2001 56.7 44.3
2002 58.8 48.6
2003 58.9 50.3
2004 58 50.5
2005 56.6 53.8
2006 55.8 52.6
2007 55.1 54.1
2008 55.7 53.8
2009 59.5 56.9
2010 59.4 54.4
2011 60.6 54.2
2012 60.6 55.3
2013 59.9 55.9
2014 58.9 55.5
2015 58.6 53.7
2016 59.1 -
2017 59.6 -
2018 60 -
2019 59.4 -
2020 56.7 -
2021 56.5 -
2022 58.3 -
2023 56.2 -
2024 51.9 -
2025 51 -

More economic indicators

Burkina Faso Yemen
Services, % of GDP
40.2%
2024
41.8%
2018
Industry, % of GDP
29.7%
2024
25.4%
2018
Agriculture, forestry, and fishing, % of GDP
18.6%
2024
28.7%
2018
GNI, Atlas method
$20.7B
2024
$25.3B
2018
GNI per capita, PPP
$2,770
2024
$3,020
2013
Total reserves including gold n/a
$1.25B
2022
Total reserves ranking n/a
139/177
2022
Net foreign direct investment
-$64.3M
2023
$15.4M
2015
Net inflows of foreign direct investment
$82.9M
2024
-$371M
2019
Net outflows of foreign direct investment
$2.73M
2024
$3.33M
2019
Servicing debt to the IMF, % of GNI
4.41%
2023
0.53%
2018
Poverty at national poverty lines
43.2%
2021
48.6%
2014
Gross capital formation, % of GDP
27.1%
2024
n/a

GDP per capita map

GDP per capita

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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.