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 17.37bn (Work ranking 117, World bank 2020)
Population 20.9 mn (Work ranking 58, World bank 2020)
Form of state Parliamentary republic
Head of state Roch Marc Christian Kaboré (President)
Next elections 2025, 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, 2020)

Exports Rank Imports
Switzerland 53.7%
1
14.7% Côte d'Ivoire
India 19.6%
2
9.9% China
Singapore 3.8%
3
8.4% France
Côte d'Ivoire 3.3%
4
6.8% Ghana
Ghana 2.8%
5
5.4% India

Trade structure by product

(% of total, 2020)

Exports Rank Imports
Gold, non-monetary (excluding gold ores and concentrates) 71.2%
1
17.3% Petroleum, petroleum products and related materials
Textiles fibres and their wastes 7.6%
2
7.9% Road vehicles
Vegetables and fruits 5.4%
3
5.4% Specialised machinery
Oil seeds and oleaginous fruits 3.6%
4
5.3% Medicinal and pharmaceutical products
Metalliferous ores and metal scrap 3.3%
5
5.1% Cereals and cereal preparations
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