UEMOA
Overall budget balance, including grants, as a % of nominal GDP
Source: DGE based on data from the Annex Multilateral Surveillance Report, June 2024
Source: DGE based on data from the Annex Multilateral Surveillance Report, June 2024
Source:DGE based on data from the Annex Multilateral Surveillance Report, June 2024
Source: DGE based on data from the Annex Multilateral Surveillance Report, June 2024
Source: DGE based on data from the Annex Multilateral Surveillance Report, June 2024
Source: DGE based on data from the Annex Multilateral Surveillance Report, June 2024
FOB EXPORTS (in billions of FCFA) | |
Source: DGE based on data from the annex RSM June 2024
FOB IMPORTS (in billions of FCFA) | |
Source: DGE based on data from the annex RSM June 2024
ECOWAS
GDP per capita in 2023 |
Nominal GDP in 2023 |
Source :DGE based on data from the World Bank
ECOWAS_Real GDP growth rate (2021-2023; in %)
Sources :DGE, based on data from the Annex Multilateral Surveillance Report of UEMOA, June 2024 / Macroeconomic convergence report of ECOWAS July 2024
Sources : DGE based on data from the Annex Multilateral Surveillance Report of UEMOA, June 2024 / Macroeconomic convergence report of ECOWAS, July 2024
Annual inflation rate
Sources : DGE based on data from the Annex Multilateral Surveillance Report of UEMOA, June 2024 / Macroeconomic convergence report of ECOWAS, July 2024
Gross reserves in months of imports
Sources :DGE based on data from the Macroeconomic convergence report of ECOWAS
Financing of the budget deficit by the central bank
Source: DGE based on data from the Macroeconomic convergence report of ECOWAS
Sources: DGE based on data from the Annex Multilateral Surveillance Report of UEMOA / Macroeconomic convergence report of ECOWAS
Source: DGE based on data from the Macroeconomic convergence report of ECOWAS
Source
Source: DGE based on data from TRAD MAP
UEMOA
Overall budget balance (including grants) as a % of nominal GDP
Years |
2016 |
2017 |
2018 |
2019 |
2020 |
2021 |
2022 |
2023 |
BENIN |
-4.4 |
-4.3 |
-2.9 |
-0.5 |
-4.7 |
-5.7 |
-5.5 |
-4.1 |
BURKINA FASO |
-3.6 |
-6.3 |
3.6 |
-3.4 |
-5.2 |
-7.6 |
-10.9 |
-6.7 |
COTE-D'IVOIRE |
-2.9 |
-3.3 |
-2.9 |
-2.2 |
-5.4 |
-4.9 |
-6.8 |
-5.2 |
GUINEE-BISSAU |
-5.4 |
-1.4 |
-4.2 |
-3.4 |
-9.0 |
-7.3 |
-6.5 |
-9.1 |
MALI |
-3.9 |
-2.9 |
-4.7 |
-1.7 |
-6.8 |
-4.9 |
-5.2 |
-4.0 |
NIGER |
-4.4 |
-3.8 |
-3.0 |
-3.6 |
-5.3 |
-5.9 |
-6.7 |
-5.4 |
SENEGAL |
-3.3 |
-3.0 |
-3.7 |
-3.9 |
-6.4 |
-6.3 |
-6.1 |
-4.9 |
TOGO |
-6.1 |
-0.2 |
-0.6 |
1.7 |
-7.1 |
-4.7 |
-8.3 |
-6.6 |
UEMOA |
-3.6 |
-3.5 |
-2.5 |
-2.3 |
-5.7 |
-5.6 |
-6.9 |
-5.2 |
Source: Annex Report
Annual inflation rate
Years |
2016 |
2017 |
2018 |
2019 |
2020 |
2021 |
2022 |
2023 |
BENIN |
-0.8 |
1.8 |
0.8 |
-0.9 |
3.0 |
1.7 |
1.4 |
2.7 |
BURKINA FASO |
-0.2 |
2.9 |
1.9 |
-3.2 |
1.9 |
3.9 |
14.1 |
0.7 |
COTE-D'IVOIRE |
0.7 |
0.4 |
0.6 |
0.8 |
2.4 |
4.2 |
5.2 |
4.4 |
GUINEE-BISSAU |
1.5 |
1.0 |
0.4 |
0.2 |
1.5 |
3.3 |
7.9 |
7.2 |
MALI |
-1.8 |
2.4 |
1.9 |
-3.0 |
0.5 |
3.9 |
9.7 |
2.1 |
NIGER |
0.2 |
0.2 |
2.8 |
-2.5 |
2.9 |
3.8 |
4.2 |
3.7 |
SENEGAL |
0.8 |
2.2 |
0.5 |
1.0 |
2.5 |
9.7 |
9.7 |
5.9 |
TOGO |
0.9 |
-0.2 |
0.9 |
0.7 |
1.8 |
4.5 |
7.6 |
5.3 |
UEMOA |
0.3 |
1.1 |
1.2 |
-0.7 |
2.1 |
3.6 |
7.4 |
3.7 |
Source: Annex Report on Multilateral Surveillance
Total public debt, as a % of nominal GDP
Years |
2016 |
2017 |
2018 |
2019 |
2020 |
2021 |
2022 |
2023 |
BENIN |
35.9 |
39.7 |
41.0 |
41.2 |
46.1 |
49.8 |
54.0 |
54.5 |
BURKINA FASO |
32.3 |
33.4 |
37.7 |
42.1 |
46.7 |
55.1 |
57.3 |
55.9 |
COTE-D'IVOIRE |
31.5 |
32.9 |
35.7 |
37.6 |
46.3 |
50.2 |
56.6 |
58.1 |
GUINEE-BISSAU |
32.3 |
36.1 |
38.2 |
55.3 |
69.2 |
77.2 |
78.6 |
80.7 |
MALI |
35.9 |
35.5 |
36.9 |
40.6 |
47.3 |
51.6 |
50.5 |
52.3 |
NIGER |
30.3 |
34.6 |
35.5 |
39.4 |
44.4 |
50.8 |
50.5 |
53.3 |
SENEGAL |
47.1 |
48.0 |
61.8 |
57.1 |
63.1 |
67.5 |
68.4 |
70.3 |
TOGO |
56.9 |
54.5 |
56.1 |
53.6 |
60.0 |
63.0 |
65.5 |
66.9 |
UEMOA |
36.0 |
37.5 |
41.5 |
42.8 |
49.7 |
54.4 |
57.7 |
59.1 |
Source: Annex Report on Multilateral Surveillance
Wage bill as a % of tax revenues
Years |
2016 |
2017 |
2018 |
2019 |
2020 |
2021 |
2022 |
2023 |
BENIN |
55.2 |
47.3 |
44.0 |
41.4 |
43.9 |
37.7 |
33.0 |
33.2 |
BURKINA FASO |
57.9 |
49.3 |
34.4 |
59.2 |
65.0 |
55.3 |
46.0 |
43.8 |
COTE-D'IVOIRE |
41.3 |
41.5 |
41.8 |
40.5 |
44.1 |
38.1 |
38.2 |
37.0 |
GUINEE-BISSAU |
49.6 |
41.6 |
47.7 |
57.5 |
78.1 |
62.6 |
66.4 |
54.1 |
MALI |
32.2 |
31.9 |
41.8 |
33.0 |
43.0 |
47.2 |
56.8 |
49.6 |
NIGER |
44.4 |
44.1 |
35.8 |
36.0 |
39.1 |
38.2 |
38.0 |
44.6 |
SENEGAL |
32.0 |
32.5 |
34.3 |
30.4 |
34.0 |
34.1 |
35.2 |
36.1 |
TOGO |
41.1 |
42.9 |
40.7 |
38.9 |
44.2 |
38.9 |
36.2 |
38.0 |
UEMOA |
41.3 |
40.1 |
38.8 |
39.5 |
44.2 |
40.8 |
40.2 |
39.3 |
Source: Annex Report on Multilateral Surveillance
Total tax revenues, as a % of GDP
Years |
2016 |
2017 |
2018 |
2019 |
2020 |
2021 |
2022 |
2023 |
BENIN |
9.2 |
9.7 |
10.2 |
10.6 |
10.5 |
11.0 |
12.2 |
12.9 |
BURKINA FASO |
13.0 |
15.3 |
23.2 |
15.1 |
13.4 |
15.7 |
17.3 |
17.9 |
COTE-D'IVOIRE |
11.8 |
12.0 |
11.9 |
11.9 |
11.4 |
12.1 |
12.0 |
12.7 |
GUINEE-BISSAU |
8.6 |
9.5 |
9.0 |
8.5 |
7.2 |
9.0 |
8.7 |
8.8 |
MALI |
15.0 |
15.2 |
11.9 |
15.4 |
14.3 |
15.3 |
13.6 |
15.2 |
NIGER |
9.8 |
9.5 |
11.1 |
10.4 |
9.6 |
10.1 |
9.5 |
8.0 |
SENEGAL |
15.9 |
15.1 |
15.5 |
17.6 |
16.8 |
17.0 |
18.2 |
18.8 |
TOGO |
12.4 |
12.1 |
12.6 |
13.5 |
12.5 |
14.0 |
13.8 |
13.8 |
UEMOA |
12.5 |
12.7 |
13.4 |
13.3 |
12.5 |
13.4 |
13.5 |
14.1 |
Source: Annex Report on Multilateral Surveillance
FOB Imports (in billions of FCFA)
Years |
2016 |
2017 |
2018 |
2019 |
2020 |
2021 |
2022 |
2023 |
BENIN |
1,449.10 |
1,784.40 |
2,166.20 |
2,051.40 |
1,810.20 |
2,215.4 |
2,469.7 |
2,556.9 |
BURKINA FASO |
1,676.70 |
1,890.40 |
2,035.20 |
2,087.00 |
2,225.10 |
2,450.6 |
2,780.7 |
2,622.5 |
COTE-D'IVOIRE |
4,631.50 |
4,940.30 |
5,255.90 |
5,552.80 |
5,478.30 |
6,802.4 |
9,385.1 |
9,416.3 |
GUINEE-BISSAU |
136.5 |
169.2 |
157.9 |
196.4 |
176.9 |
194.0 |
249.9 |
246.5 |
MALI |
2,018.00 |
2,095.50 |
2,204.00 |
2,527.00 |
2,469.30 |
2,863.1 |
3,302.2 |
3,288.7 |
NIGER |
1,017.20 |
1,136.00 |
1,267.70 |
1,362.90 |
1,419.90 |
1,565.2 |
1,822.4 |
1,636.8 |
SENEGAL |
2,868.20 |
3,476.80 |
4,033.80 |
4,282.10 |
4,020.50 |
4,707.2 |
6,702.1 |
6,043.4 |
TOGO |
1,185.90 |
965.3 |
1,035.10 |
1,061.70 |
1,123.20 |
1,275.4 |
1,648.2 |
1,684.2 |
UEMOA |
14,983.1 |
16,457.9 |
18,155.9 |
19,121.2 |
18,723.4 |
22,073.2 |
28,360.4 |
27,495.3 |
Source: Annex Report on Multilateral Surveillance
Exports (in billions of FCFA)
Years |
2016 |
2017 |
2018 |
2019 |
2020 |
2021 |
2022 |
2023 |
BENIN |
1,052.3 |
1,289.9 |
1,857.6 |
1,790.9 |
1,720.5 |
2,019.9 |
2,225.9 |
2,188.3 |
BURKINA FASO |
1,676.4 |
1,887.3 |
2,196.4 |
2,301.3 |
2,843.3 |
3,148.8 |
3,223.7 |
3,102.5 |
COTE-D'IVOIRE |
6,449.3 |
6,899.6 |
6,619.6 |
7,399.2 |
7,194.8 |
8,495.5 |
10,138.6 |
10,959.9 |
GUINEE-BISSAU |
164.0 |
197.5 |
188.6 |
145.7 |
123.1 |
166.3 |
152.9 |
138.1 |
MALI |
1,675.9 |
1,685.9 |
1,991.4 |
2,153.4 |
2,759.4 |
2,693.8 |
3,147.5 |
3,273.2 |
NIGER |
611.7 |
701.8 |
668.2 |
659.7 |
642.3 |
671.9 |
642.1 |
597.9 |
SENEGAL |
1,703.5 |
1,907.8 |
2,147.4 |
2,594.4 |
2,410.9 |
3,044.7 |
3,795.0 |
3,952.6 |
TOGO |
614.2 |
591.5 |
600.4 |
618.2 |
695.0 |
720.8 |
899.2 |
896.8 |
UEMOA |
13,947.3 |
15,161.3 |
16,269.7 |
17,662.9 |
18,389.2 |
20,961.8 |
24,224.9 |
25,109.3 |
Source: Annex Report on Multilateral Surveillance
ECOWAS
GDP per capita in 2023 (US dollars)
Country |
2023 |
Sierra Leone |
433.4 |
Niger |
618.3 |
Liberia |
799.5 |
The Gambia |
843.8 |
Burkina Faso |
874.1 |
Mali |
897.4 |
Guinea-Bissau |
914.3 |
Togo |
1,013.0 |
Benin |
1,434.7 |
Nigeria |
1,621.1 |
Guinea |
1,663.9 |
Senegal |
1,746.0 |
Ghana |
2,238.2 |
Côte d'Ivoire |
2,728.8 |
Cap Verde |
4,321.6 |
Source: World Bank
Source: Nominal GDP in 2023 (US dollars)
Country |
2023 |
Guinea-Bissau |
1,966,461,400 |
The Gambia |
2,339,904,157 |
Cabo Verde |
2,587,252,076 |
Sierra Leone |
3,809,832,237 |
Liberia |
4,332,000,000 |
Togo |
9,171,261,835 |
Niger |
16,819,170,421 |
Benin |
19,673,284,686 |
Burkina Faso |
20,324,617,839 |
Mali |
20,904,898,296 |
Guinea |
23,612,295,818 |
Senegal |
31,013,986,429 |
Ghana |
76,370,394,412 |
Côte d'Ivoire |
78,788,828,907 |
Nigeria |
362,814,951,696 |
Source: World Bank
Real GDP growth rate in % (2016-2023)
2016 |
2017 |
2018 |
2019 |
2020 |
2021 |
2022 |
2023 |
|
Benin |
3.3 |
5.7 |
6.7 |
6.9 |
3.8 |
7.2 |
6.3 |
6.4 |
Burkina Faso |
6.0 |
6.2 |
6.6 |
5.9 |
2.0 |
6.9 |
1.8 |
3.6 |
Côte d'Ivoire |
7.2 |
7.4 |
4.8 |