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Burkina Faso

Burkina Faso

French West African CFA (XOF) French civil law
AU (suspended), ECOWAS (withdrawn), WAEMU, AfCFTA, OIC

Burkina Faso is Africa's fourth-largest gold producer, with mining operations by Endeavour Mining, IAMGOLD, and Nordgold accounting for over 70% of export revenue. The economy also depends on cotton (major producer) and livestock. A military government has been in power since September 2022, impacting international relations and development aid. Security challenges from jihadist groups affect large portions of the territory. Despite political uncertainty, the mining sector continues to attract investment.

Snapshot

Population~24.1 MWorld Bank, 2025
GDP (current USD)$27.6 BWorld Bank, 2025
GDP per Capita$1,148World Bank, 2025
GDP Growth5.29%World Bank, 2025
Inflation (y/y)~-0.59%World Bank, 2025
BCEAO rate3.50%Central Bank
Unemployment3.48%World Bank, ILO modelled estimate, 2025
Internet Use~28.25%World Bank, 2024
Electrification~22.00%World Bank WDI
CPI Score (Rank)37.0/100 (#100)Transparency Intl
HDI (Rank)0.449 (#184)UNDP HDR

World Bank Indicators Compare with another country

GDP (current USD)$27.6 BWorld Bank, 2025
GDP growth (annual)5.29%World Bank, 2025
GDP per capita (USD)$1,148World Bank, 2025
Population, total24.1 MWorld Bank, 2025
FDI net inflows (USD)-$202.2 MWorld Bank, 2024
Inflation (consumer prices)-0.59%World Bank, 2025
Unemployment (% labour force)3.48%World Bank, 2025
Internet use (% of people)28.25%World Bank, 2024
Trade (% of GDP)65.00%World Bank, 2025

Climate Readiness Full ranking

31out of 100
Early-stage
Climate adaptation readiness for Burkina Faso, from 5 of 5 measured indicators.
Energy access2222.0% · 30% weight
Governance readiness3737 / 100 CPI · 20% weight
Human readiness450.449 HDI · 20% weight
Economic readiness36$1,148, 2025 · 15% weight
Digital readiness2020.0% · 15% weight
This scores climate adaptation readiness (adaptive capacity), following the readiness dimension of the ND-GAIN framework. It is built only from measured values already held on this profile and normalised 0-100. It does not measure emissions or physical climate vulnerability: the platform does not yet hold emissions, hazard-exposure or natural-capital series. Energy access is the single most climate-specific indicator held; the other four are governance, economic, human-development and digital readiness proxies. The economic sub-score is relative to the African countries the platform covers.
How this is computed

Adaptive capacity to absorb climate finance and adapt, following the readiness dimension of the ND-GAIN framework. Built only from measured values already held on each country profile. It is not a measure of emissions or physical climate vulnerability, which the platform does not yet hold.

  • Energy access (30%) — World Bank, access to electricity (% of population). The single most climate and energy specific signal held: SDG 7 and the clean-energy transition.
  • Governance readiness (20%) — Transparency International, Corruption Perceptions Index (0-100). ND-GAIN governance readiness: the capacity to govern and deploy climate finance. Higher is cleaner.
  • Human readiness (20%) — UNDP, Human Development Index (0-1). ND-GAIN social readiness: the adaptive capacity of the population.
  • Economic readiness (15%) — World Bank, GDP per capita (current US$), latest measured year. ND-GAIN economic readiness: the capacity to finance adaptation. Scored relative to the covered set.
  • Digital readiness (15%) — World Bank, individuals using the Internet (% of population). Information systems for early warning and adaptation.

A country is scored only when at least 4 of the five indicators are held. Sub-scores are weighted and renormalised over the indicators that are present; nothing is estimated for one that is absent.

Country Facts

CapitalOuagadougou
RegionWest Africa
CurrencyWest African CFA (XOF)
FX RegimeFixed peg to EUR via CFA franc
Legal SystemFrench civil law
Time ZoneAfrica/Ouagadougou

Focus Sectors

Gold Mining (Africa's 4th largest)
Cotton
Agriculture
Livestock
Telecoms
Construction
Energy (solar potential)

Regulations & Taxes

Corporate Income Tax27.5% standard
VAT / Sales Tax18% standard