Number of Household Sector Borrowers at All Microfinance Institutions in Burkina Faso
Burkina Faso: Number of Household Sector Borrowers at All Microfinance Institutions was 16.28 in 2024. ▲ Rising
Number of Household Sector Borrowers at All Microfinance Institutions in Burkina Faso, 2014–2024
Source: International Monetary Fund.
Analysis
In 2024, number of household sector borrowers at all microfinance institutions in Burkina Faso stood at 16.28.
Compared with earlier readings it is up 1.5% on the previous year and up 4.5% over ten years.
Over the whole period, number of household sector borrowers at all microfinance institutions in Burkina Faso peaked at 16.39 in 2022 and was at its lowest, 12.22, in 2016.
Burkina Faso ranks 43rd of 60 countries on this measure, in the middle of the range.
The long-run direction has been consistently rising across the 11 years of available data.
Number of Household Sector Borrowers at All Microfinance Institutions in Burkina Faso, year by year
| Year | Value | Change |
|---|---|---|
| 2014 | 15.59 | — |
| 2015 | 15.79 | +1.3% |
| 2016 | 12.22 | -22.6% |
| 2017 | 14.64 | +19.8% |
| 2018 | 13.98 | -4.5% |
| 2019 | 15.06 | +7.8% |
| 2020 | 13.74 | -8.8% |
| 2021 | 15.32 | +11.5% |
| 2022 | 16.39 | +7.0% |
| 2023 | 16.05 | -2.1% |
| 2024 | 16.28 | +1.5% |
Burkina Faso compared with similar countries
- Burkina Faso's 16.28 is below the median for low income countries, which is 16.76, 97% of the median. (12 countries reporting)
- Burkina Faso's 16.28 is below the median for Sub-Saharan Africa, which is 18.51, 88% of the median. (23 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2010s | 14.55 | 12.22 | 15.79 | 6 |
| 2020s | 15.56 | 13.74 | 16.39 | 5 |
Countries ranked near Burkina Faso
- 40 Liberia 18.45 compare
- 41 Madagascar 17.24 compare
- 42 Côte d'Ivoire 16.47 compare
- 44 Timor-Leste 14.46
- 45 Mali 13.64 compare
- 46 Uganda 11.51 compare
More gender data for Burkina Faso
- Child population (UN estimates and projections) 10,122 (2030)
- Child population (UN estimates and projections) (0-14), annual growth 0.3191 % change on previous year (2030)
- Population 16,608 (2030)
- Working-age population (UN estimates and projections) 16,608 (2030)
- Population (UN estimates and projections), annual growth rate 3.13 % change on previous year (2030)
- Age population, age 00, female, interpolated 348,221 (2025)
- Age population, age 00, male, interpolated 359,281 (2025)
- Age population, age 01, female, interpolated 339,937 (2025)
- Age population, age 01, male, interpolated 349,490 (2025)
- Age population, age 02, female, interpolated 332,922 (2025)
Frequently asked questions
- What is number of household sector borrowers at all microfinance institutions in Burkina Faso?
- Number of household sector borrowers at all microfinance institutions in Burkina Faso was 16.28 in 2024, according to International Monetary Fund.
- What is the highest number of household sector borrowers at all microfinance institutions recorded in Burkina Faso?
- The highest recorded value was 16.39 in 2022.
- What is the lowest number of household sector borrowers at all microfinance institutions recorded in Burkina Faso?
- The lowest recorded value was 12.22 in 2016.
- How does Burkina Faso rank for number of household sector borrowers at all microfinance institutions?
- Burkina Faso ranks 43rd out of 60 countries with data for 2024.
- Is number of household sector borrowers at all microfinance institutions rising or falling in Burkina Faso?
- Over the last ten years it is up 4.5%. The long-run trend across the full record is rising.
- Where does this Burkina Faso data come from?
- The figures come from International Monetary Fund, published as part of Number of Household Sector Borrowers at All Microfinance Institutions per 1,000 Adults. Statizoid updates them automatically from the source API.
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About this data
Gender-disaggregated data on access to and use of financial services.