Analysis by Region - Emerging Markets - Burkina Faso

Analysis by Region - Emerging Markets - Burkina Faso

We forecast real GDP growth to climb from an estimated 3.1% in 2023 to 3.5% in 2024, as we anticipate a further recovery in the industrial sector and expansions in the agricultural and services sectors. The industrial sector has been under notable pressure in recent years due to insecurity, but an expected surge in gold prices this year (+10.2% to average $2,140/oz in 2024) could spur a rise in mineral production. Having said that, our outlook is subject to considerable downside risks due to the country’s fragile security situation. The West African nation is also grappling with a severe heatwave, which could delay the country's main sowing season (May to July).

Please Note: Due to the brevity and/or nature of the content posted, there is no table of contents available for this report.

Download our eBook: How to Succeed Using Market Research

Learn how to effectively navigate the market research process to help guide your organization on the journey to success.

Download eBook
Cookie Settings