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The economy of Burkina Faso is based primarily on subsistence farming and livestock raising. [17] Burkina Faso has an average income purchasing-power-parity per capita of $1,900 and nominal per capita of $790 in 2014.
Gross domestic product (GDP) is the market value of all final goods and services from a nation in a given year. ... Burkina Faso: 21,858 23,025,776 949 24
This is a list of the African nations ranked by Gross Domestic Product (GDP) at Purchasing Power Parity (PPP). ... Burkina Faso: 68.580: 2,663.39: 2024
Country GDP (PPP) per capita (2022, 2022 US$) [1] [failed verification] Algeria 13,715 Angola 7,360 Benin 3,767 Botswana 19,287 Burkina Faso 2,461 Burundi 791 Cape Verde
Nominal GDP does not take into account differences in the cost of living in different countries, ... Burkina Faso: 21,902: 2024: 20,325: 2023: 19,176: 2022
Niger, Mali and Burkina Faso have formally withdrawn from the regional bloc known as ECOWAS, ... the 15-nation ECOWAS was formed in 1975 to “promote economic integration” in member states.
A proportional representation of Burkina Faso exports, 2019 GDP per capita in Burkina Faso, since 1950. The value of Burkina Faso's exports fell from $2.77 billion in 2011 to $754 million in 2012. [162] Agriculture represents 32% of its gross domestic product and occupies 80% of the working population. It consists mostly of rearing livestock.
Economic growth in the early 2020s According to 2024 estimates by the African Development Bank Group, African countries are projected to account for more than half of the world fastest growing economies; in particular, Niger, Senegal, Libya and Rwanda are expected to grow at the fastest rate of over 7% per year. Estimates of Real Gross Domestic Product (GDP) growth rate in 2023 show that most ...