GFmag Online Readers Survey 2012
Niger


Niger Country Report: GDP data and GDP forecasts; economic, financial and trade information; the best banks in Niger; country and population overview

DATA ON GDP AND ECONOMIC INFORMATION
Central bankCentral Bank of West African States (BCEAO)
International ReservesUS$ 760.293 million (Source: World Bank; Data updated: November 2010)
Gross Domestic Product - GDPUS$ 6.286 billion (2008 estimate)
GDP (Purchasing Power Parity)11.783 billion of International dollars (2008 estimate)
Real GDP growth
20002001200220032004200520062007
-2.6%8%5.3%7.1%-0.8%8.4%5.8%3.4%
2008200920102011*
8.7%-0.9%7.5%5.5%

*Estimate

GDP per capita - current pricesUS$ 417 (2005 estimate)
GDP per capita - PPP$781 International Dollars (2005 estimate)
GDP (PPP) - share of world total
19801990200020102015**
0.02%0.02%0.01%0.01%0.02%

**Forecast

GDP - composition by sector
  • agriculture: 40.7% 
  • industry: 16.1% 
  • services: 46.5% (2011 estimate)

    • (Data released on February 2012)

Gross domestic expenditure on R&D (% of GDP)N/A

(Data released on November 2010)

Inflation
2008200920102011*
10.5%(2008)1.1%0.9%3.8%

*Estimate

Unemployment rate
2008200920102011*
N/AN/AN/A(2009)N/A

*Estimate

Household saving ratesN/A

(Data released on November 2010)

Public debt (General government gross debt as a % of GDP)
20072008200920102011*
15.9%13.9%15.8%17.6%18.5%

*Estimate

Public deficit (General government net lending/borrowing as a % of GDP)
2007200820092010*2011**
-1%1.5%-5.3%-3%-2.7%

*Estimate    **Forecast

Government bond ratings

Standard & Poor's: N/A

Moody's rating: N/A

Moody's outlook: N/A

(Foreign Currency Government Bond Ratings; Data last updated Nov 2010)

Market value of publicly traded shares
200720082009
N/AN/AN/A
Largest companies in NigerN/A
DATA ON TRADE AND COMPETITIVENESS
Current account balanceUS$ -1.4 billion (2008 estimate)(After 2008)
Current account balance by percentage of GDP-22.7% of GDP (2008 estimate)(2009)
Exports as percent of GDP

(Exports of goods and services)

15.4% (2005)

(Data released on December 2010)

Shares in world total merchandising export0.01%(2007)

(Data were released in Nov 2011 and refer to 2010)

Shares in world total commercial services export0%(2007)

(Data were released in Nov 2011 and refer to 2010)

Total exportsN/A
Export commoditiesuranium ore, livestock, cowpeas, onions
Total importsUS$800 million f.o.b. (2006)
Import commoditiesfoodstuffs, machinery, vehicles and parts, petroleum, cereals
Exports - major partnersFrance 57%, Nigeria 26.4%, Ghana 4.1% (2007)
Imports - major partnersFrance 15.9%, French Polynesia 8.8%, Nigeria 8.6%, Belgium 8.6%, US 6.9%, Cote d'Ivoire 5.6% (2007)
FDI inflows
200820092010
US$566 millionUS$739 million(2009)US$947 million(2009)
FDI outflows
200820092010
US$24 millionUS$10 millionUS$14 million
Value of cross-border M&A, by country of purchaser
2008200920102011
N/AN/A(2009)N/A(2009)N/A
Cross-border M&A deals worth over $3 billion completed in 2008

(Acquiring company, Acquired company, Country of the acquired company, Value of the deal)

N/A

(for a monthly update on M&A click here )

Cross-border M&A deals worth over $3 billion completed in 2010

(Acquiring company, Acquired company, Country of the acquired company, Value of the deal)

N/A(2008 estimate)

(for a monthly update on M&A click here )

Best countries for doing business

World Bank/IFC Doing Business Project

(Economies are ranked on their ease of doing business, from 1 – 183. A high ranking means the regulatory environment is more conducive to the starting and operation of a local firm.)

Overall ranking: 173 out of 183 countries(2009) (2010)

Subcategories:

Starting a business: 159 out of 183 countries(2009)

Registering property: 84 out of 183 countries

Paying Taxes: 144 out of 183 countries

Getting credit: 152 out of 183 countries

Protecting investors: 154 out of 183 countries

Trading across border: 174 out of 183 countries

Enforcing Contracts: 138 out of 183 countries

(2010)

Global competitiveness ranking
(ranking by country on a basis of 142, the first is the best)		N/A

(2011/2012)

Index of Economic Freedom

WSJ and Heritage Foundation

Ranking: 126 Score: 54.3 (Mostly Unfree) (2009)

(100=totally free 0=totally repressed )

COUNTRY AND POPULATION OVERVIEW
Time zoneUTC+1
Total area 1,267,000 km2 (2006)
CapitalNiamey (2009)
CurrencyCommunaute Financiere Africaine francs (XOF) (2009)
Government typerepublic (2009)
LanguagesFrench (official), Hausa, Djerma
ReligionsMuslim 80%, other (includes indigenous beliefs and Christian) 20%
Total population
1980199020002010*2015**
5.59 million7.73 million10.78 million14.63 million17.04 million

*Estimate    **Forecast

Urban population as % of total population
1960198020002009
5.8%13.4%16.2%16.6%
Population median age16.0 years (2006)
Population growth rate3.9% (2009)
Life expectancy57 years (2007)
Adult literacy30% (2000/2007)
% of population living on less than $2 a day75.92% (2011)
Inequality of wealth distribution (Gini index)

34 (2007)

(0=perfect equality, 100=absolute inequality)

Freedom House rating

Political Rights:5
Civil Liberties:4 (2010)

(1 represents the most free, 7 the least free)

Total telephone subscribers as % of population

25.07% (2010)

(sum of fixed telephone lines and mobile cellular subscribers)

Internet users as % of total population0.83% (Data were released in 2011 and refer to 2010)
Cost of living index

(ranking by city on a basis of 214; the 1st is the most expensive and the 214th is the least expensive)

Niamey: 23rd (2011)

CO2 emissions
(Metric tons of CO2 per capita)

0.0579 (2008)

GLOBAL FINANCE RANKINGS AND AWARDS
ARTICLES AND COUNTRIES REPORTS FROM GLOBAL FINANCE ARCHIVE