Remittances in Burkina Faso
Burkina Faso: Remittances was 2.57 in 2024. ◆ Volatile
Latest (2024)
2.57
Change on year
down 11.5%
World rank
90th
of 194 countries
All-time high
9.41
in 1986
All-time low
0.8147
in 2004
Years of data
51
1974–2024
Remittances in Burkina Faso, 1974–2024
Source: Our World in Data.
Analysis
In 2024, remittances in Burkina Faso stood at 2.57.
The figure is down 11.5% on the previous year and down 9.5% over ten years.
Over the whole period, remittances in Burkina Faso peaked at 9.41 in 1986 and was at its lowest, 0.8147, in 2004.
That places Burkina Faso 90th out of 194 countries with data for 2024, putting it in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Remittances in Burkina Faso, year by year
| Year | Value | Change |
|---|---|---|
| 1974 | 4.78 | — |
| 1975 | 5.07 | +6.0% |
| 1976 | 5.22 | +3.1% |
| 1977 | 5.32 | +1.8% |
| 1978 | 5.29 | -0.5% |
| 1979 | 6.27 | +18.5% |
| 1980 | 7.8 | +24.3% |
| 1981 | 8.64 | +10.7% |
| 1982 | 6.29 | -27.2% |
| 1983 | 7.07 | +12.5% |
| 1984 | 6.18 | -12.6% |
| 1985 | 8.11 | +31.2% |
| 1986 | 9.41 | +16.0% |
| 1987 | 7.31 | -22.3% |
| 1988 | 7.15 | -2.2% |
| 1989 | 5.94 | -17.0% |
| 1990 | 4.5 | -24.1% |
| 1991 | 3.6 | -20.0% |
| 1992 | 3.84 | +6.5% |
| 1993 | 3.66 | -4.5% |
| 1994 | 4.24 | +15.7% |
| 1995 | 3.29 | -22.5% |
| 1996 | 2.94 | -10.6% |
| 1997 | 3.02 | +2.7% |
| 1998 | 2.56 | -15.3% |
| 1999 | 2.05 | -19.8% |
| 2000 | 2.27 | +10.6% |
| 2001 | 1.56 | -31.0% |
| 2002 | 1.62 | +3.6% |
| 2003 | 1.13 | -30.1% |
| 2004 | 0.8147 | -28.1% |
| 2005 | 0.9219 | +13.2% |
| 2006 | 1.04 | +12.6% |
| 2007 | 1.11 | +6.6% |
| 2008 | 1.06 | -4.7% |
| 2009 | 1.02 | -3.4% |
| 2010 | 1.19 | +16.8% |
| 2011 | 1.83 | +53.6% |
| 2012 | 1.67 | -8.7% |
| 2013 | 2.29 | +37.3% |
| 2014 | 2.84 | +23.9% |
| 2015 | 3.25 | +14.5% |
| 2016 | 3.1 | -4.8% |
| 2017 | 2.95 | -4.6% |
| 2018 | 2.87 | -3.0% |
| 2019 | 2.91 | +1.6% |
| 2020 | 2.96 | +1.6% |
| 2021 | 2.9 | -2.1% |
| 2022 | 2.81 | -2.9% |
| 2023 | 2.91 | +3.3% |
| 2024 | 2.57 | -11.5% |
Burkina Faso compared with similar countries
- Burkina Faso's 2.57 is below the median for low income countries, which is 3.36, 77% of the median. (22 countries reporting)
- Burkina Faso's 2.57 is above the median for Sub-Saharan Africa, which is 2.52, 1.0× the median. (46 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 5.33 | 4.78 | 6.27 | 6 |
| 1980s | 7.39 | 5.94 | 9.41 | 10 |
| 1990s | 3.37 | 2.05 | 4.5 | 10 |
| 2000s | 1.25 | 0.8147 | 2.27 | 10 |
| 2010s | 2.49 | 1.19 | 3.25 | 10 |
| 2020s | 2.83 | 2.57 | 2.96 | 5 |
Countries ranked near Burkina Faso
More reference data data for Burkina Faso
- Emission Totals - Indirect emissions (N2O) - Manure applied to Soils 0.9232 (2050)
- Emission Totals - Indirect emissions (N2O) - Manure left on Pasture 7.39 (2050)
- Emission Totals - Indirect emissions (N2O) - IPCC Agriculture 9.33 (2050)
- Emission Totals - Indirect emissions (N2O) - Crop Residues 0.4137 (2050)
- Emission Totals - Indirect emissions (N2O) - Agricultural Soils 9.33 (2050)
- Emission Totals - Emissions (N2O) - Manure applied to Soils 3.1 (2050)
- Emission Totals - Emissions (N2O) - Manure Management 3.61 (2050)
- Emission Totals - Emissions (N2O) - Manure left on Pasture 33.78 (2050)
- Emission Totals - Emissions (N2O) - IPCC Agriculture 45.27 (2050)
- Emission Totals - Emissions (N2O) - Crop Residues 2.25 (2050)
Frequently asked questions
- What is remittances in Burkina Faso?
- Remittances in Burkina Faso was 2.57 in 2024, according to Our World in Data.
- What is the highest remittances recorded in Burkina Faso?
- The highest recorded value was 9.41 in 1986.
- What is the lowest remittances recorded in Burkina Faso?
- The lowest recorded value was 0.8147 in 2004.
- How does Burkina Faso rank for remittances?
- Burkina Faso ranks 90th out of 194 countries with data for 2024.
- Is remittances rising or falling in Burkina Faso?
- Over the last ten years it is down 9.5%. The long-run trend across the full record is volatile.
- Where does this Burkina Faso data come from?
- The figures come from Our World in Data, published as part of Remittances. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 51 observations, free to reuse under CC BY 4.0 (Our World in Data).