Burkina Faso Frontier
Africa · Ouagadougou · XOF (West African CFA Franc)
Economy & industry overview
Burkina Faso is a landlocked, low-income country in West Africa classified as a least developed economy. Agriculture accounts for roughly 31% of GDP, employing an estimated 90% of the labour force, with cotton and livestock as key export commodities. Gold is the dominant export by value and a major driver of foreign exchange earnings, alongside manganese and other minerals. The services sector (approx. 45% of GDP) is anchored by telecommunications, trade, and financial services. The economy faces structural challenges including security instability, poverty (over 40% of the population below the poverty line), and dependence on rain-fed agriculture.
Key sectors
📘 Learn everything about Burkina Faso →Macro
| GDP nominal, USD | $23.25B |
| GDP growth real, annual | 4.4% |
| Inflation annual | 4.2% |
| Population people | 23.0M |
| GDP per capita USD | $764 |
| Market cap total listed, USD | $32.20B |
| Market cap / GDP | 138.5% |
| Unemployment | 5.2% |
| Listed companies | 47 |
| Exchange | Bourse Régionale des Valeurs Mobilières (Regional — WAEMU) (BRVM) |
Data year: 2024. Sources: World Bank — World Development Indicators (2024), IMF — World Economic Outlook (April 2026), Wikipedia — Economy of Burkina Faso, BRVM — Bourse Régionale des Valeurs Mobilières (brvm.org), African-Markets.com — BRVM Listed Companies, TradingEconomics.com — Burkina Faso GDP & Unemployment, TheGlobalEconomy.com — Burkina Faso GDP & Unemployment, Macrotrends.net — Burkina Faso GDP 2024, FocusEconomics — Burkina Faso Economy Profile, GoldenVisas.com — Burkina Faso Residency/Citizenship, Dabafinance — Complete Guide to BRVM-Listed Companies by Country, afx.kwayisi.org — BRVM Live Market Data (July 2026).
Latest news
- Burkina Faso, Mali and Niger hit back at Nigeria’s president after he blames them for Nigeria’s worsening security crisis
- NISHANT UPADHYAY - Burkina Faso and the Return of Political Economy
- Burkina Faso: New World Bank Financing to Expand Economic Opportunities and Strengthen Social Protection Systems
Largest listed companies
The biggest companies on the main local exchange, by market capitalisation.
| # | Company | Sector | Market capUSD | US listing |
|---|---|---|---|---|
| 1 | Bank of Africa Burkina FasoBOABF · BRVM | Financials — Banking | $28.80M | — |
| 2 | Moov Africa Burkina Faso (formerly ONATEL BF)ONTBF · BRVM | Telecommunications | $3.30M | — |
US-traded ETFs
Funds listed in the US that give exposure to this market — the simplest route for many US investors.
Local exchange & access
| Exchange | Bourse Régionale des Valeurs Mobilières (Regional — WAEMU) |
| Code | BRVM |
| Website | www.brvm.org |
| Currency | XOF |
Local broker access
Burkina Faso does not have its own domestic stock exchange. Equities of Burkina Faso-headquartered companies are traded on the BRVM (Bourse Régionale des Valeurs Mobilières), the regional exchange for the eight WAEMU/UEMOA member states, physically headquartered in Abidjan, Côte d'Ivoire. The BRVM operates entirely digitally via a satellite network, allowing licensed broker-dealers (Sociétés de Gestion et d'Intermédiation — SGI) across all member states to access the market. Foreign investors can open accounts through a locally licensed SGI or through international brokers that provide sub-custodian access to the BRVM. Liquidity is thin for Burkina Faso-listed names; settlement moved to T+2 in December 2025. No US broker is known to offer direct self-directed retail access to the BRVM.
Global brokers with foreign-market access
- Interactive Brokers — Direct access to 90+ markets worldwide, including many emerging exchanges.
- Saxo Bank — Multi-market access across Asia, Europe and the Middle East.
- Charles Schwab (Global) — Foreign ordinary shares on select markets; US-listed ADRs and ETFs.
- Fidelity International Trading — International stock trading on a number of developed and emerging markets.
Listed for convenience only — not a recommendation. Available markets, fees and onboarding rules differ by broker and by your country of residence.
Relocation & residency
Foreign-investor access
Burkina Faso does not operate a residency-by-investment or citizenship-by-investment programme. Foreign nationals generally require a standard visa or residency permit issued through normal immigration channels. As of mid-2026, the country is under a military transitional government following coups in 2022, and several governments maintain active travel advisories due to ongoing security concerns in large parts of the country.