Burkina Faso: Savings, percent of GDP
* indicates monthly or quarterly data series
| Burkina Faso |
Savings as percent of GDP |
|---|---|
| Latest value | 16.73 |
| Year | 2021 |
| Measure | percent |
| Data availability | 2005 - 2021 |
| Average | 13.74 |
| Min - Max | 5.85 - 20.18 |
| Source | The World Bank |
The latest value from 2021 is 16.73 percent, a decline from 20.18 percent in 2020. In comparison, the world average is 23.62 percent, based on data from 141 countries. Historically, the average for Burkina Faso from 2005 to 2021 is 13.74 percent. The minimum value, 5.85 percent, was reached in 2005 while the maximum of 20.18 percent was recorded in 2020.
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* indicates monthly or quarterly data series
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The savings in Burkina Faso and other countries is calculated as the difference between income and consumption, expressed as percent of GDP.
Definition: Gross savings are calculated as gross national income less total consumption, plus net transfers.
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| Related indicators | Latest | Reference | Measure |
|---|---|---|---|
| Share of industry | 29.25 | 2023 | percent |
| Share of manufacturing | 10.69 | 2023 | percent |
| Share of services | 43.64 | 2023 | percent |
| Industry value added | 5.95 | 2023 | billion U.S. dollars |
| Manufacturing value added | 2.17 | 2023 | billion U.S. dollars |
| Services value added | 8.87 | 2023 | billion U.S. dollars |
| Savings, percent of GDP | 16.73 | 2021 | percent |
| Savings, in dollars | 2.83 | 2022 | billion U.S. dollars |