Burkina Faso’s remittance inflows rose to $0.6bn in 2024.

Higher is better. Higher is better here because a larger inflow puts more foreign income into households and adds to the foreign currency the country earns. The latest figure, for 2024, is $0.6bn, up 1.9% from $0.58bn a year earlier. Since 2015 the lowest level was $0.38bn, recorded in 2015. The 2024 figure is also the highest in that span, so inflows sit at the top of their range since 2015.

Why it matters. Households that receive this money often use it for everyday costs such as food, school fees and medical bills, so a steady rise helps family budgets. For the state and for firms, $0.6bn is a source of foreign currency that helps pay for imports. Inflows grew modestly from a year earlier, and the next annual figure will show whether that growth continues.