Burkina Faso BF: GDP: Gross Value Added at Factor Cost: Services

1960 - 2016 | Yearly | XOF mn | World Bank

Burkina Faso BF: GDP: Gross Value Added at Factor Cost: Services data was reported at 2,676,059.000 XOF mn in 2016. This records an increase from the previous number of 2,491,869.000 XOF mn for 2015. Burkina Faso BF: GDP: Gross Value Added at Factor Cost: Services data is updated yearly, averaging 353,079.992 XOF mn from Dec 1960 (Median) to 2016, with 57 observations. The data reached an all-time high of 2,676,059.000 XOF mn in 2016 and a record low of 31,004.251 XOF mn in 1960. Burkina Faso BF: GDP: Gross Value Added at Factor Cost: Services data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Burkina Faso – Table BF.World Bank.WDI: Gross Domestic Product: Nominal. Services correspond to ISIC divisions 50-99. They include value added in wholesale and retail trade (including hotels and restaurants), transport, and government, financial, professional, and personal services such as education, health care, and real estate services. Also included are imputed bank service charges, import duties, and any statistical discrepancies noted by national compilers as well as discrepancies arising from rescaling. Value added is the net output of a sector after adding up all outputs and subtracting intermediate inputs. It is calculated without making deductions for depreciation of fabricated assets or depletion and degradation of natural resources. The industrial origin of value added is determined by the International Standard Industrial Classification (ISIC), revision 3. Data are in current local currency.; ; World Bank national accounts data, and OECD National Accounts data files.; ; Note: Data for OECD countries are based on ISIC, revision 4.

View Burkina Faso's Burkina Faso BF: GDP: Gross Value Added at Factor Cost: Services from 1960 to 2016 in the chart:

Burkina Faso Burkina Faso BF: GDP: Gross Value Added at Factor Cost: Services

What was Burkina Faso's Burkina Faso BF: GDP: Gross Value Added at Factor Cost: Services in 2016?

Last Previous Min Max Unit Frequency Range
2,676,059.00 2016 2,491,869.00 2015 31,004.25 1960 2,676,059.00 2016 XOF mn yearly 1960 - 2016

Related Indicators for Burkina Faso BF: GDP: Gross Value Added at Factor Cost: Services

Accurate Macro & Micro Economic Data You Can Trust

Explore the most complete set of 6.6 million time series covering more than 200 economies, 20 industries and 18 macroeconomic sectors.

Learn more about what we do

Burkina Faso Key Series

National Accounts Last Frequency Range
Forecast: GDP PPP Per Capita (PPP Intl $) 3,411.313 2028 yearly 1980 - 2028
Forecast: Nominal GDP Per Capita (USD) 1,140.527 2027 yearly 1980 - 2027
Forecast: Real GDP Growth (%) 5.258 2027 yearly 1980 - 2027
Government and Public Finance Last Frequency Range
Forecast: Government Expenditure (XOF bn) 5,183.536 2029 yearly 1985 - 2029
Forecast: Government Net Debt (XOF bn) 9,025.183 2029 yearly 2002 - 2029
Forecast: Government Revenue (XOF bn) 4,605.984 2029 yearly 1985 - 2029
Demographic and Labour Market Last Frequency Range
Forecast: Population (Person mn) 26.880 2028 yearly 1980 - 2028
Forecast: Unemployment Rate (%) 0.000 yearly -
Inflation Last Frequency Range
Forecast: Consumer Price Index Growth (%) 2.000 2028 yearly 1980 - 2028
Balance of Payments Last Frequency Range
Forecast: Current Account Balance (USD bn) -0.678 2029 yearly 1980 - 2029

More Indicators for Burkina Faso

Request a demo of CEIC

CEIC’s economic databases cover over 200 global markets. Our Platform offers the most reliable macroeconomic data and advanced analytical tools.

Request a demo
Please note, product demos are not available for students. Please click here to find out more about the version of CEIC available for student users.
Unlimited access tailored to your data needs
Flexible monthly access to CEIC data