Bank or similar financial institution account, out of laborforce in Burkina Faso

Burkina Faso: Bank or similar financial institution account, out of laborforce was 22.3% in 2024. ▲ Rising

Latest (2024)
22.3%
Change on year
up 13.7%
World rank
84th
of 98 countries
All-time high
22.3%
in 2024
All-time low
5.7%
in 2014
Years of data
5
2011–2024

Bank or similar financial institution account, out of laborforce in Burkina Faso, 2011–2024

51015202011201720242011: 7.1 % age 15+2014: 5.7 % age 15+2017: 15.7 % age 15+2021: 19.6 % age 15+2024: 22.3 % age 15+

Source: World Bank. Measured in % age 15+.

Analysis

Burkina Faso recorded 22.3% for bank or similar financial institution account, out of laborforce in 2024. That is the highest value across all 5 years on record.

That represents a change of up 13.7% on the previous year and up 290.4% over ten years.

Over the whole period, bank or similar financial institution account, out of laborforce in Burkina Faso peaked at 22.3% in 2024 and was at its lowest, 5.7%, in 2014.

That places Burkina Faso 84th out of 98 countries with data for 2024, putting it in the bottom quarter.

Bank or similar financial institution account, out of laborforce in Burkina Faso, year by year

Annual values for Bank or similar financial institution account, out of laborforce (% age 15+) in Burkina Faso, 2011 to 2024.
Year % age 15+ Change
2011 7.1%
2014 5.7% -19.4%
2017 15.7% +175.1%
2021 19.6% +24.8%
2024 22.3% +13.7%

Burkina Faso compared with similar countries

  • Burkina Faso's 22.3% is above the median for Sub-Saharan Africa, which is 16.7%, 1.3× the median. (17 countries reporting)

Averages by decade

DecadeAverage LowestHighest Years
2010s 9.5% 5.7% 15.7% 3
2020s 20.9% 19.6% 22.3% 2

Countries ranked near Burkina Faso

  1. 81 Bangladesh 24.8% compare
  2. 82 Togo 24.6% compare
  3. 83 Algeria 24.4% compare
  4. 85 Mauritania 19.3% compare
  5. 86 Iraq 18.2% compare
  6. 87 Zambia 17.8% compare

See the full ranking of 110 places →

More reference data data for Burkina Faso

All data for Burkina Faso →

Frequently asked questions

What is bank or similar financial institution account, out of laborforce in Burkina Faso?
Bank or similar financial institution account, out of laborforce in Burkina Faso was 22.3% in 2024, according to the World Bank.
What is the highest bank or similar financial institution account, out of laborforce recorded in Burkina Faso?
The highest recorded value was 22.3% in 2024.
What is the lowest bank or similar financial institution account, out of laborforce recorded in Burkina Faso?
The lowest recorded value was 5.7% in 2014.
How does Burkina Faso rank for bank or similar financial institution account, out of laborforce?
Burkina Faso ranks 84th out of 98 countries with data for 2024.
Is bank or similar financial institution account, out of laborforce rising or falling in Burkina Faso?
Over the last ten years it is up 290.4%. The long-run trend across the full record is rising.
Where does this Burkina Faso data come from?
The figures come from the World Bank, published as part of Bank or similar financial institution account, out of laborforce (% age 15+). Statizoid updates them automatically from the source API.

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Bank or similar financial institution account, out of laborforce in Burkina Faso. Statizoid. Retrieved 15 September 2026, from https://reference.statizoid.com/stat/bank-or-similar-financial-institution-account-out-of-laborforce-percent-age-15/burkina-faso/

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About this data

Indicator
Bank or similar financial institution account, out of laborforce (% age 15+)
Unit
% age 15+
Source
World Bank
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
110 places, 550 data points, 2011–2024
Last refreshed