Burkina Faso: Recent Economic Developments
September 5, 1998
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This paper reviews economic developments on Burkina Faso during 1994–98. Real GDP growth increased sharply following the 1994 CFA franc devaluation from an average of 0.8 percent in 1992–93 to an average of 4.2 percent in 1994–97. As a result, the decline in real terms of GDP per capita was reversed. In the mining sector, value added is estimated to have increased by about 10 percent in 1997, but official production of gold remains significantly below the level before 1994.
Subject: Agricultural commodities, Commodities, Expenditure, Income, National accounts, Poverty, Public expenditure review
Keywords: Agricultural commodities, B. expenditure development, Burkina Faso government, Burkinabè household outlay, CFA franc, CFAF, CR, government, Income, ISCR, low income, money stock, poverty line, primary sector, Public expenditure review, savings and loan, West Africa
Pages:
98
Volume:
1998
DOI:
Issue:
065
Series:
Country Report No. 1998/065
Stock No:
1BFAEA0011998
ISBN:
9781451803648
ISSN:
1934-7685
