Burkina Faso Business Directory & List of Companies

Capital City and 5 Largest Cities in Burkina Faso

Ouagadougou

Bobo-Dioulasso

Koudougou

Ouahigouya

Banfora

Burkina Faso on Map of Africa

Economy of Burkina Faso

1. Gross Domestic Product (GDP): In 2020, Burkina Faso's GDP was approximately 15.67 billion USD.
2. GDP per Capita: The GDP per capita in Burkina Faso was estimated to be around 798 USD in 2020. Please note that this figure represents the average income per person in the country.
3. Inflation Rate: In 2020, Burkina Faso's inflation rate was around 2.5%.
4. Unemployment Rate: The unemployment rate in Burkina Faso varies, but it was estimated to be around 5.5% in 2020.
5. Major Industries: Burkina Faso's economy is primarily based on agriculture, mining, and services. Key agricultural products include cotton, sorghum, millet, maize, and livestock. The mining sector focuses on gold and other minerals.
6. Exports: Burkina Faso exports commodities such as gold, cotton, livestock, and sesame seeds. Gold is one of the country's most significant exports.
7. Imports: The country imports various goods, including machinery, petroleum products, vehicles, and food products.
8. Foreign Aid: Burkina Faso receives foreign aid from various countries and international organizations to support its development programs and address challenges like poverty and food security.

Five Largest Companies in Burkina Faso

1. Société pour le Développement Minier de la Côte d'Ivoire et du Burkina Faso (SODEMI): This is a mining company that explores and develops mineral resources in Burkina Faso, including gold and other minerals.
2. Société Nationale d'Électricité du Burkina Faso (SONABEL): SONABEL is the national electricity company responsible for generating and distributing electricity in Burkina Faso.
3. Cotton companies: Burkina Faso is known for cotton production, and there are several cotton companies involved in the cotton value chain.
4. Telecommunications companies: Companies like Orange Burkina Faso and Telmob operate in the telecommunications sector and provide mobile and internet services.
5. Banks: Several banks, such as Ecobank Burkina Faso, Coris Bank, and United Bank for Africa (UBA), operate in the financial sector.