Burkina Faso: Government spending, percent of GDP
* indicates monthly or quarterly data series
Burkina Faso |
Government spending as percent of GDP |
---|---|
Latest value | 19.87 |
Year | 2022 |
Measure | percent |
Data availability | 1960 - 2022 |
Average | 14.27 |
Min - Max | 4.32 - 26.06 |
Source | The World Bank |
The latest value from 2022 is 19.87 percent, a decline from 20.29 percent in 2021. In comparison, the world average is 16.25 percent, based on data from 143 countries. Historically, the average for Burkina Faso from 1960 to 2022 is 14.27 percent. The minimum value, 4.32 percent, was reached in 1967 while the maximum of 26.06 percent was recorded in 1994.
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The government size of Burkina Faso and other countries is calculated as the total government spending as percent of GDP.
Definition: General government final consumption expenditure (formerly general government consumption) includes all government current expenditures for purchases of goods and services (including compensation of employees). It also includes most expenditures on national defense and security, but excludes government military expenditures that are part of government capital formation.
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Related indicators | Latest | Reference | Measure |
---|---|---|---|
Government spending, percent of GDP | 19.87 | 2022 | percent |
Government spending, in dollars | 4.06 | 2023 | billion U.S. dollars |
Fiscal balance, percent of GDP | -8.60 | 2023 | percent |
Government debt | 58.40 | 2022 | percent |
Tax revenue | 15.98 | 2021 | percent |
Commercial tax rate | 41.30 | 2019 | percent |
Tax preparation time | 270 | 2019 | hours |
Number of taxes | 45 | 2019 | taxes |
Taxes on goods and services | 40.24 | 2021 | percent |
Taxes on international trade | 10.63 | 2021 | percent |
Income and profits taxes | 25.32 | 2021 | percent |
Foreign aid | 1,587.66 | 2021 | million U.S. dollars |