BURKINA FASO

Concerns about domestic stability and regional security

C3

SENSITIVE RISK for entreprise

  • Economic risk

  • Business environment risk

  • Political risk

  • Commercial risk

  • Financing risk

  • Economic risk

  • Business environment risk

  • Political risk

  • Commercial risk

  • Financing risk

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GDP USD 15.7bn (Work ranking 122, World bank 2019)
Population 20.3 mn (Work ranking 58, World bank 2019)
Form of state Parliamentary republic
Head of state Roch Marc Christian Kaboré (President)
Next elections 2020, presidential and legislative
  • International relations are good enough to allow inward financial aid flows.
  • Low transfer and exchange rate risk because of membership of the CFA franc zone.
  • External debt levels and servicing obligations are comfortable following debt write-downs and reschedulings.
  • Resource base, including gold and cotton.
  • Regional stability is uncertain, including in neighbouring Mali.
  • Landlocked country, limited natural resources, low incomes and high poverty rates.
  • Over-dependence on the primary sector, particularly cotton.
  • Vulnerable to exogenous factors (including climate and global commodity prices).
  • Large fiscal and current account deficits.
  • Aid dependent.

Trade structure by destination/origin

(% of total)

Exports Rank Imports
Switzerland 67%
1
12% China
India 6%
2
8% Côte d'Ivoire
South Africa 5%
3
8% Japan
Singapore 4%
4
7% France
France 2%
5
4% Netherlands

Trade structure by product

(% of total)

Exports Rank Imports
Gold, non-monetary (excluding gold ores and concentrates) 76%
1
14% Petroleum, petroleum products and related materials
Textiles fibres and their wastes 9%
2
13% Road vehicles
Oil seeds and oleaginous fruits 3%
3
7% Specialised machinery
Vegetables and fruits 3%
4
5% Medicinal and pharmaceutical products
Petroleum, petroleum products and related materials 2%
5
5% Cereals and cereal preparations
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