Yao Gervinho got the third with five minutes to go and Arnaud Souquet added another before Gervinho grabbed the fifth.
Juan Mata put the Spaniards ahead in the 78th minute, but the French team earned a point with just four minutes left through fellow substitute Yao Gervinho.
It sounds strange to say that an Arsenal squad that includes Theo Walcott, Alex Oxlade-Chamberlain and Gervinho lacks pace but it certainly does in key areas of the field.
Vahid Halilhodzic's team dominated possession but could not find the cutting edge to break down a determined Burkinabe defence despite a frontline of Didier Drogba, Bakari Kone and Gervinho.
In Group Five, Ivory Coast ended their campaign unbeaten after they cruised to a 3-0 victory over Guinea in Abidjan thanks to two goals from Gervinho and one from Siaka Tiene.
More chances were wasted - Gervinho being the prime culprit - before Toure finally gave Ivory Coast a deserved lead with a well-placed side-footed effort into the corner from the edge of the box.
However, he did come on as a replacement in the second half for his 92nd international appearance as Yaya Toure and another substitute, Didier Ya Konan, scored late goals to add to Gervinho's first-half opener.
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Arsenal striker Gervinho put his team ahead in the 21st minute with his second goal of the tournament, but the Elephants needed to wait until two minutes from the end before two-time African player of the year Toure curled in his second in two games.
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However, they made a more incisive opening to the second half and the impressive Gervinho drilled a strike across the face of goal, while Salomon Kalou was inches away from connecting with a cross from the right and finally forced Eduardo into action with a low shot from the edge of the box.
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