Economic life of the people in Burkina Faso

Economic life of the people in Burkina Faso

Burkina Faso has a high population density, has a fragile soil and few natural resources. The Burkina Faso banking sector is concentrated highly, its finantial system represents 30 percent of the country's GDP and dominated by the banking sector. In 2004 the country has and average income purchasing-power-parity per capita of $1,666 and nominal per capita of $790. In March 2011 Burkina Faso was ranked 111th safest investment destination by Euromonet Country Risk rankings.


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