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Burkina Faso flag Burkina Faso Business Environment

Trade, commerce, and economic integration indicators

Overview

Business environment indicators for Burkina Faso, covering trade, commerce, foreign direct investment, corruption perceptions, and economic integration from the World Bank, OECD, IMF, and Transparency International.

Key Indicators

Average time to clear exports through customs (days)
3.2
2024 · Average number of days to clear direct exports through customs.
Domestic credit to private sector by banks (% of GDP)
27.0
2024 · Domestic credit to private sector by banks refers to financial resources provided to the private sector by other depository corporations (deposit taking corporations except central banks), such as through loans, purchases of nonequity securities, and trade credits and other accounts receivable, that establish a claim for repayment. For some countries these claims include credit to public enterprises. This indicator is expressed as a percentage of Gross Domestic Product (GDP) which is the total income earned through the production of goods and services in an economic territory during an accounting period.
Firms visited or required meetings with tax officials (% of firms)
60.6
2024 · Percentage of firms that were visited or inspected by tax officials or were required to meet with them over the last year.
Time to obtain an electrical connection (days)
20.4
2024 · Average wait, in days, experienced to obtain electrical connection from the day this establishment applied for it to the day it received the service.
New business density (new registrations per 1,000 people ages 15-64)
0.3
2018 · The number of newly registered firms with limited liability per 1,000 working-age people (ages 15-64) per calendar year.
Corruption Perceptions Index
41.0 /100
2024 · Transparency International CPI score (0-100, higher = less corrupt)

Data Explorer

Ores and metals imports (% of merchandise imports)
0.378186542284285
2024 · World Bank
Value lost due to electrical outages (% of sales for affected firms)
2.727272727
2024 · World Bank
Time to obtain an electrical connection (days)
20.35284424
2024 · World Bank
Firms using banks to finance investment (% of firms)
15.96293831
2024 · World Bank
Domestic credit to private sector (% of GDP)
27.0106207321113
2024 · World Bank
Firms offering formal training (% of firms)
11.99658012
2024 · World Bank
Manufactures imports (% of merchandise imports)
46.867564612329
2024 · World Bank
Firms experiencing electrical outages (% of firms)
92.48812103
2024 · World Bank
Firms competing against unregistered firms (% of firms)
71.6440506
2024 · World Bank
Time required to obtain an operating license (days)
24.66903114
2024 · World Bank
Average time to clear imports through customs (days)
7.972941399
2024 · World Bank
Firms with female top manager (% of firms)
13.46479225
2024 · World Bank
Bribery incidence (% of firms experiencing at least one bribe payment request)
14.11704254
2024 · World Bank
Fuel imports (% of merchandise imports)
41.1489198830035
2024 · World Bank
Firms with female participation in ownership (% of firms)
22.15423775
2024 · World Bank
Merchandise imports (current US$)
6732000000
2024 · World Bank
Firms formally registered when operations started (% of firms)
43.87193298
2024 · World Bank
Firms using banks to finance working capital (% of firms)
16.71740341
2024 · World Bank
Food imports (% of merchandise imports)
11.1839548315761
2024 · World Bank
Export unit value index (2015 = 100)
186.3
2024 · World Bank

Frequently Asked Questions

Sources: World Bank · Last updated: 2025

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