Subsidies in Burkina Faso
Burkina Faso: Subsidies was 219.28 billion GFS, current LCU in 2011. ◆ Volatile
Subsidies in Burkina Faso, 1985–2011
Source: World Bank country economists. Measured in GFS, current LCU.
Analysis
In 2011, subsidies in Burkina Faso stood at 219.28 billion GFS, current LCU. That is the highest value across all 27 years on record.
Compared with earlier readings it is up 61.2% on the previous year and up 302.9% over ten years.
Over the whole period, subsidies in Burkina Faso peaked at 219.28 billion GFS, current LCU in 2011 and was at its lowest, 5.81 billion GFS, current LCU, in 1989.
Burkina Faso ranks 8th of 47 countries on this measure, in the top quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1980s | 9.07 billion GFS, current LCU | 5.81 billion GFS, current LCU | 11.11 billion GFS, current LCU | 5 |
| 1990s | 22.46 billion GFS, current LCU | 6.33 billion GFS, current LCU | 32.97 billion GFS, current LCU | 10 |
| 2000s | 90.52 billion GFS, current LCU | 37.89 billion GFS, current LCU | 152.89 billion GFS, current LCU | 10 |
| 2010s | 177.64 billion GFS, current LCU | 136.00 billion GFS, current LCU | 219.28 billion GFS, current LCU | 2 |
Countries ranked near Burkina Faso
More science & technology data for Burkina Faso
- Scientific and technical journal articles 519.72 (2023)
- Mobile cellular subscriptions by country 27.46 million (2024)
- Mobile cellular subscriptions per 100 people 116.59 (2024)
- Mobile landline subscriptions 116.59 (2024)
- Share of individuals using the internet 28.25 (2024)
- Patent applications, residents 2 (2010)
- Research and development expenditure 0.1% (2024)
- Number of internet users 3.99 million (2021)
- Broadband penetration by country 0.8514 (2024)
- Landline internet subscriptions 200,485 (2024)
Frequently asked questions
- What is subsidies in Burkina Faso?
- Subsidies in Burkina Faso was 219.28 billion GFS, current LCU in 2011, according to World Bank country economists.
- What is the highest subsidies recorded in Burkina Faso?
- The highest recorded value was 219.28 billion GFS, current LCU in 2011.
- What is the lowest subsidies recorded in Burkina Faso?
- The lowest recorded value was 5.81 billion GFS, current LCU in 1989.
- How does Burkina Faso rank for subsidies?
- Burkina Faso ranks 8th out of 47 countries with data for 2011.
- Is subsidies rising or falling in Burkina Faso?
- Over the last ten years it is up 302.9%. The long-run trend across the full record is volatile.
- Where does this Burkina Faso data come from?
- The figures come from World Bank country economists, published as part of Subsidies (GFS, current LCU). Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 27 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
About this data
Subsidies are current unrequited payments that government units make to enterprises, resident producers and importers. Subsidies may be designed to influence enterprises level or type of production, or the prices at which the products are sold. (Capital grants are in the national accounts classified as capital transfers.) Subsidies consists of ‘subsidies on products’, subsidies payable per unit of a good or a service, and ‘other subsidies on production’, which cover all other subsidies enterprises receives as a consequence of engaging in production. Data are in current local currency.