Burkina Faso [+]Compare [E]dit [H]istory

Aliases: Republic of Upper Volta, Upper Volta

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Object «Burkina Faso» has attributes

Attribute Value
Geography
Area 274,200 km²
Continent Africa
Land area 273,800 km²
Water area 400 km²
Land boundaries 3,611 km
Border countries
  • Benin
  • Cote d'Ivoire
  • Ghana
  • Mali
  • Niger
  • Togo
Coastline 0 km
Mean elevation 297 m
Lowest point 200 m
Highest point 749 m
People
Population 20,835,401
Official languages
  • French
Religion Muslim
Government
Long country name Add
Short country name Burkina Faso
Long local name Add
Short local name Burkina Faso
Former name
  • Republic of Upper Volta
  • Upper Volta
Government type Presidential republic
Capital Ouagadougou
Economy
GDP (PPP) 35,850,000,000 USD
GDP (OER) 12,570,000,000 USD
GDP (real growth rate) 6.4 %
GDP - per capita (PPP) 1,900 USD
Gross national saving 9.3 % of GDP
Labor force 8,501,000
Unemployment rate 77 %
Population below poverty line 40.1 %
Budget revenues 2,666,000,000 USD
Budget expenditures 3,655,000,000 USD
Military expenditures 2.06 % of GDP
Taxes and other revenues 21.2 % of GDP
Budget surplus or deficit -7.9 % of GDP
Public debt 38.1 % of GDP
Inflation rate 0.4 %
Central bank discount rate 4.25 %
Commercial bank prime lending rate 5.3 %
Stock of narrow money 3,357,000,000 USD
Stock of broad money 3,357,000,000 USD
Stock of domestic credit 4,409,000,000 USD
Market value of publicly traded shares Add
Current account balance -1,019,000,000 USD
Exports 3,140,000,000 USD
Imports 3,305,000,000 USD
Reserves of foreign exchange and gold 49,000,000 USD
External debt 3,056,000,000 USD
National currency Communaute Financiere Africaine francs
National currency (code) XOF
National currency (symbol) Add
National currency rate to USD 605.3

Burkina Faso (formerly Upper Volta) achieved independence from France in 1960. Repeated military coups during the 1970s and 1980s were followed by multiparty elections in the early 1990s. Former President Blaise COMPAORE (1987-2014) resigned in late October 2014 following popular protests against his efforts to amend the constitution's two-term presidential limit. An interim administration organized presidential and legislative elections - held in November 2015 - where Roch Marc Christian KABORE was elected president. The country experienced terrorist attacks in its capital in 2016, 2017, and 2018 and continues to mobilize resources to counter terrorist threats mainly in its northern and eastern regions. It experienced over 100 attacks by violent extremists in the first quarter of 2019. Growing insecurity resulted in more than 100,000 internally displaced persons and 1,300 closed schools. The Government of Burkina Faso has made numerous arrests of terrorist suspects, augmented the size of its special terrorism detachment Groupement des Forces Anti-Terroristes (GFAT) in the country’s north, and joined the newly-created G5 Sahel Joint Force to fight terrorism and criminal trafficking groups with regional neighbors Chad, Mali, Mauritania, and Niger. In 2017, the Sahara Branch of al-Qa’ida in the Islamic Maghreb, al-Murabitoun, Ansar al-Dine, and the Macina Liberation Front came together to form Jama’at Nusrat al-Islam wal-Muslimin (JNIM). JNIM and other groups like Ansarul Islam and ISIS in the Greater Sahara operate in Burkina Faso. Burkina Faso's high population growth, recurring drought, pervasive and perennial food insecurity, and limited natural resources result in poor economic prospects for the majority of its citizens.

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There was one edit, no edits waiting approval. Last edited by everette34(9367), Sep 16, 2019 (59 fields were changed)
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