Burkina Faso: Inflation, GDP deflator (annual %)
In , Burkina Faso's Inflation, GDP deflator (annual %) was 9.67.
That's up 391.7% from 2023, the highest value on record.
The global average for this indicator in 2024 was 13.69 . Burkina Faso ranks #26 globally out of 193 reporting countries. Within Sub-Saharan Africa, it ranks #13 of 46.
Source: World Bank Open Data (NY.GDP.DEFL.KD.ZG) • Data as of 2024
Trend (2005–2024)
- 2008 · Global financial crisis
- 2020 · COVID-19 pandemic
- 2014 · Oil price collapse
- 2022 · Russia–Ukraine war begins
Highlights
- Peak
- 9.67
- Trough
- -2.22
- 1-year change
- +391.7%
- 5-year change
- +1,785.3%
- +79.9% / yr
- 10-year change
- +1,658.7%
Historical Data — Last 10 Years
| Year | Inflation, GDP deflator (annual %) |
|---|---|
| 9.6698 | |
| 1.9665 | |
| 4.6426 | |
| 0.1129 | |
| 6.4656 | |
| 0.5129 | |
| 1.0740 | |
| 1.4163 | |
| 2.6043 | |
| -2.2240 |
About Inflation, GDP deflator (annual %)
Inflation as measured by the annual growth rate of the GDP implicit deflator shows the rate of price change in the economy as a whole. The GDP implicit deflator is the ratio of GDP in current local currency to GDP in constant local currency.
Indicator code: NY.GDP.DEFL.KD.ZG • Category: Economy
Frequently asked questions
- What was Burkina Faso's Inflation, GDP deflator (annual %) in 2024?
- In 2024, Burkina Faso's Inflation, GDP deflator (annual %) was 9.67, according to World Bank Open Data.
- Is Burkina Faso's Inflation, GDP deflator (annual %) rising or falling?
- Burkina Faso's Inflation, GDP deflator (annual %) rose 391.7% from 2023 to 2024.
- How does Burkina Faso rank globally on Inflation, GDP deflator (annual %)?
- In 2024, Burkina Faso ranked #26 out of 193 countries reporting Inflation, GDP deflator (annual %).
- How does Burkina Faso's Inflation, GDP deflator (annual %) compare to the world average?
- The global average for Inflation, GDP deflator (annual %) in 2024 was 13.69, so Burkina Faso is below the world average. Within Sub-Saharan Africa, it ranks #13 of 46.
- What is Inflation, GDP deflator (annual %) and how is it measured?
- Inflation as measured by the annual growth rate of the GDP implicit deflator shows the rate of price change in the economy as a whole. The GDP implicit deflator is the ratio of GDP in current local currency to GDP in constant local currency.
Source: World Bank Open Data (NY.GDP.DEFL.KD.ZG), CC BY 4.0.