Burkina Faso: Economy in constant growth under President Traoré’s leadership
The economy of Burkina Faso demonstrated remarkable resilience in 2025, achieving a growth rate of 4.9% in 2024 up from 3% the previous year according to international financial institutions. GDP per capita also saw significant improvement, rising from 0.7% to 2.5% over the same period.
This performance was largely driven by the services and agricultural sectors, supported by improved security conditions and increased government investment in agriculture.
Economic prospects remain strong, with growth projected to reach 4.3% in 2025 and up to 5% by 2027.
The country has also achieved one of the highest tax revenue mobilization rates in the region, at nearly 19%, reflecting sound fiscal management and a commitment to self-reliant development.
Under President Captain Ibrahim Traoré’s leadership, bold reforms have been implemented since 2022 including the nationalization of key mining assets and the establishment of a national gold refinery ensuring that Burkina Faso benefits more fully from its natural resources.
These measures have strengthened public trust and positioned the country as a key actor in redefining Africa’s economic sovereignty.
President Traoré has also launched social initiatives aimed at engaging youth in national development and reinforcing their role in shaping the country’s future.
Combined with ongoing infrastructure and rural development projects, these efforts reflect a clear vision to transform challenges into opportunities and build a more equitable and sustainable economy.
Olivier TOE
