Burkina Faso BF: Military Expenditure

1960 - 2022 | Yearly | XOF mn | World Bank

Burkina Faso BF: Military Expenditure data was reported at 350,865.500 XOF mn in 2022. This records an increase from the previous number of 254,201.000 XOF mn for 2021. Burkina Faso BF: Military Expenditure data is updated yearly, averaging 18,400.000 XOF mn from Dec 1960 to 2022, with 63 observations. The data reached an all-time high of 350,865.500 XOF mn in 2022 and a record low of 311.000 XOF mn in 1960. Burkina Faso BF: Military Expenditure 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: Defense and Official Development Assistance. Military expenditures data from SIPRI are derived from the NATO definition, which includes all current and capital expenditures on the armed forces, including peacekeeping forces; defense ministries and other government agencies engaged in defense projects; paramilitary forces, if these are judged to be trained and equipped for military operations; and military space activities. Such expenditures include military and civil personnel, including retirement pensions of military personnel and social services for personnel; operation and maintenance; procurement; military research and development; and military aid (in the military expenditures of the donor country). Excluded are civil defense and current expenditures for previous military activities, such as for veterans' benefits, demobilization, conversion, and destruction of weapons. This definition cannot be applied for all countries, however, since that would require much more detailed information than is available about what is included in military budgets and off-budget military expenditure items. (For example, military budgets might or might not cover civil defense, reserves and auxiliary forces, police and paramilitary forces, dual-purpose forces such as military and civilian police, military grants in kind, pensions for military personnel, and social security contributions paid by one part of government to another.);Stockholm International Peace Research Institute (SIPRI), Yearbook: Armaments, Disarmament and International Security.;;Data for some countries are based on partial or uncertain data or rough estimates. For additional details please refer to the military expenditure database on the SIPRI website: https://sipri.org/databases/milex

View Burkina Faso's Burkina Faso BF: Military Expenditure from 1960 to 2022 in the chart:

Burkina Faso Burkina Faso BF: Military Expenditure

What was Burkina Faso's Burkina Faso BF: Military Expenditure in 2022?

Last Previous Min Max Unit Frequency Range
350,865.500 2022 254,201.000 2021 311.000 1960 350,865.500 2022 XOF mn yearly 1960 - 2022

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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) 4,719.590 2028 yearly 1985 - 2028
Forecast: Government Net Debt (XOF bn) 10,835.710 2028 yearly 2002 - 2028
Forecast: Government Revenue (XOF bn) 4,166.430 2028 yearly 1985 - 2028
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) -1.144 2028 yearly 1980 - 2028

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