New business density in Burkina Faso
Burkina Faso: New business density was 0.768 new registrations per 1,000 people ages 15-64 in 2024. ◆ Volatile
New business density in Burkina Faso, 2006–2024
Source: Entrepreneurship Database, World Bank (WB). Measured in new registrations per 1,000 people ages 15-64.
Analysis
The most recent figure for new business density in Burkina Faso is 0.768 new registrations per 1,000 people ages 15-64, measured in 2024. That is the highest value across all 19 years on record.
The figure is up 15.0% on the previous year and up 373.0% over ten years.
Over the whole period, new business density in Burkina Faso peaked at 0.768 new registrations per 1,000 people ages 15-64 in 2024 and was at its lowest, 0.0498 new registrations per 1,000 people ages 15-64, in 2009.
That places Burkina Faso 136th out of 177 countries with data for 2024, putting it in the bottom quarter.
The series is highly variable year to year, so single readings are best treated with caution.
New business density in Burkina Faso, year by year
| Year | new registrations per 1,000 people ages 15-64 | Change |
|---|---|---|
| 2006 | 0.0771 new registrations per 1,000 people ages 15-64 | — |
| 2007 | 0.0774 new registrations per 1,000 people ages 15-64 | +0.3% |
| 2008 | 0.0966 new registrations per 1,000 people ages 15-64 | +24.8% |
| 2009 | 0.0498 new registrations per 1,000 people ages 15-64 | -48.4% |
| 2010 | 0.1235 new registrations per 1,000 people ages 15-64 | +148.0% |
| 2011 | 0.123 new registrations per 1,000 people ages 15-64 | -0.4% |
| 2012 | 0.141 new registrations per 1,000 people ages 15-64 | +14.6% |
| 2013 | 0.1577 new registrations per 1,000 people ages 15-64 | +11.9% |
| 2014 | 0.1624 new registrations per 1,000 people ages 15-64 | +3.0% |
| 2015 | 0.1825 new registrations per 1,000 people ages 15-64 | +12.4% |
| 2016 | 0.162 new registrations per 1,000 people ages 15-64 | -11.2% |
| 2017 | 0.2959 new registrations per 1,000 people ages 15-64 | +82.6% |
| 2018 | 0.3162 new registrations per 1,000 people ages 15-64 | +6.9% |
| 2019 | 0.3669 new registrations per 1,000 people ages 15-64 | +16.0% |
| 2020 | 0.4918 new registrations per 1,000 people ages 15-64 | +34.1% |
| 2021 | 0.6181 new registrations per 1,000 people ages 15-64 | +25.7% |
| 2022 | 0.6466 new registrations per 1,000 people ages 15-64 | +4.6% |
| 2023 | 0.6679 new registrations per 1,000 people ages 15-64 | +3.3% |
| 2024 | 0.768 new registrations per 1,000 people ages 15-64 | +15.0% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 0.0752 new registrations per 1,000 people ages 15-64 | 0.0498 new registrations per 1,000 people ages 15-64 | 0.0966 new registrations per 1,000 people ages 15-64 | 4 |
| 2010s | 0.2031 new registrations per 1,000 people ages 15-64 | 0.123 new registrations per 1,000 people ages 15-64 | 0.3669 new registrations per 1,000 people ages 15-64 | 10 |
| 2020s | 0.6385 new registrations per 1,000 people ages 15-64 | 0.4918 new registrations per 1,000 people ages 15-64 | 0.768 new registrations per 1,000 people ages 15-64 | 5 |
Countries ranked near Burkina Faso
- 133 Indonesia 0.9436 new registrations per 1,000 people ages 15-64 compare
- 134 Mauritania 0.8334 new registrations per 1,000 people ages 15-64 compare
- 135 Algeria 0.8289 new registrations per 1,000 people ages 15-64 compare
- 137 Comoros 0.7646 new registrations per 1,000 people ages 15-64 compare
- 138 Sierra Leone 0.7321 new registrations per 1,000 people ages 15-64 compare
- 139 Samoa 0.7178 new registrations per 1,000 people ages 15-64 compare
More private sector data for Burkina Faso
- Merchandise trade 67.5% (2025)
- Food imports 11.2% (2024)
- Manufactures imports 46.9% (2024)
- Merchandise imports 7.57 billion current US$ (2025)
- Food exports 7.1% (2024)
- Manufactures exports 2.7% (2024)
- Merchandise exports 11.08 billion current US$ (2025)
- Merchandise exports (current US$), per capita 460.07 current US$ per person (2025)
- Merchandise exports (current US$), per unit of GDP 0.4009 current US$ per US$ of GDP (2025)
- Merchandise exports (current US$), annual growth rate 96.38 % change on previous year (2025)
Frequently asked questions
- What is new business density in Burkina Faso?
- New business density in Burkina Faso was 0.768 new registrations per 1,000 people ages 15-64 in 2024, according to Entrepreneurship Database, World Bank (WB).
- What is the highest new business density recorded in Burkina Faso?
- The highest recorded value was 0.768 new registrations per 1,000 people ages 15-64 in 2024.
- What is the lowest new business density recorded in Burkina Faso?
- The lowest recorded value was 0.0498 new registrations per 1,000 people ages 15-64 in 2009.
- How does Burkina Faso rank for new business density?
- Burkina Faso ranks 136th out of 177 countries with data for 2024.
- Is new business density rising or falling in Burkina Faso?
- Over the last ten years it is up 373.0%. The long-run trend across the full record is volatile.
- Where does this Burkina Faso data come from?
- The figures come from Entrepreneurship Database, World Bank (WB), published as part of New business density (new registrations per 1,000 people ages 15-64). Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 19 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
About this data
The number of newly registered firms with limited liability per 1,000 working-age people (ages 15-64) per calendar year.