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 bank Central Bank of West African States (BCEAO)
International Reserves US$ 673.044 million (Source: IMF; Data updated: 2012)
Gross Domestic Product - GDP US$ 6.783 billion (2010 estimate)
GDP (Purchasing Power Parity) 13.429 billion of International dollars (2010 estimate)
Real GDP growth
2001 2002 2003 2004 2005 2006 2007 2008
8% 5.3% 7.1% -0.8% 8.4% 5.8% 3.4% 9.6%
2009 2010 2011 2012*
-0.9% 8% 2.3% 14%

*Estimate

GDP per capita - current prices US$ 436 (2005 estimate)
GDP per capita - PPP $863 International Dollars (2005 estimate)
GDP (PPP) - share of world total
1980 1990 2000 2010 2015**
0.02% 0.02% 0.01% 0.02% 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 March 2012)

Inflation
2009 2010 2011 2012*
1.1%(2008) 0.9% 2.9% 4.5%

*Estimate

Unemployment rate
2009 2010 2011 2012*
N/A N/A N/A(2009) N/A

*Estimate

Household saving rates N/A

(Data released on December 2011)

Public debt (General government gross debt as a % of GDP)
2008 2009 2010 2011 2012*
13.9% 15.7% 16.4% 18.9% 21.6%

*Estimate

Public deficit (General government net lending/borrowing as a % of GDP)
2008 2009 2010 2011* 2012**
1.5% -5.5% -2.6% -2.3% -3.6%

*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 Dec 2011 and Nov 2012)

Market value of publicly traded shares
2009 2010 2011
N/A N/A N/A
Largest companies in Niger N/A
DATA ON TRADE AND COMPETITIVENESS
Current account balance US$ -1.8 billion (2010 estimate)(After 2008)
Current account balance by percentage of GDP -26.6% of GDP (2010 estimate)(2009)
Exports as percent of GDP

(Exports of goods and services)

N/A

(Data released on April 2012)

Shares in world total merchandising export 0.01%(2007)

(Data were released in 2012 and refer to 2011)

Shares in world total commercial services export 0% (2010)(2007)

(Data were released in 2012)

Total exports US$1.654 billion (2012 estimate) 
Export commodities uranium ore, livestock, cowpeas, onions
Total imports US$2.491 billion (2012 estimate) 
Import commodities foodstuffs, machinery, vehicles and parts, petroleum, cereals
Exports - major partners US 49.1%, Nigeria 29.3%, Russia 10.3%, Ghana 4.1% (2011)
Imports - major partners France 15.8%, China 9.8%, Nigeria 9%, French Polynesia 8.5%, Belgium 6.9%, India 5%, Togo 4.8% (2011)
FDI inflows
2009 2010 2011
US$791 million US$940 million(2009) US$1,014 million(2009)
FDI outflows
2009 2010 2011
US$59 million US$60 million US$48 million
Value of cross-border M&A, by country of purchaser
2008 2009 2010 2011
N/A N/A(2009) N/A(2009) N/A
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

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

Cross-border M&A deals worth over $3 billion completed in 2011

(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 - 185. A high ranking means the regulatory environment is more conducive to the starting and operation of a local firm.)

Overall ranking: 176 out of 185 countries(2009) (2013)

Subcategories:

Starting a business: 167 out of 185 countries(2009)

Enforcing Contracts: 140 out of 185 countries

Registering Property: 87 out of 185 countries

Getting credit: 129 out of 185 countries

Protecting investors: 158 out of 185 countries

Trading across border: 176 out of 185 countries

Paying Taxes: 151 out of 185 countries

Dealing with Construction Permits: 160 out of 185 countries

Getting Electricity: 118 out of 185 countries

Resolving Insolvency: 130 out of 185 countries

(2013)

Global competitiveness ranking
(ranking by country on a basis of 144, the first is the best)
N/A

(2012)

Index of Economic Freedom

WSJ and Heritage Foundation

Ranking: 125 Score: 54.3 (Mostly Unfree) (2009)

(100=totally free 0=totally repressed )

COUNTRY AND POPULATION OVERVIEW
Time zone UTC+1
Total area 1,267,000 km2 (2006)
Capital Niamey (2009)
Currency Communaute Financiere Africaine francs (XOF) (2009)
Government type republic (2009)
Languages French (official), Hausa, Djerma
Religions Muslim 80%, other (includes indigenous beliefs and Christian) 20%
Total population
1980 1990 2000 2012* 2017**
5.59 million 7.73 million 10.78 million 15.55 million 18.12 million

*Estimate    **Forecast

Urban population as % of total population
1960 1980 2000 2011
5.8% 13.4% 16.2% 17.9%
Population median age 15 years (2010)
Population growth rate 3.5% (2011)
Life expectancy 54 years (2010)
Adult literacy 29% (2005/2010)
% of population living on less than $2 a day 75.92% (2011)
Inequality of wealth distribution (Gini index)

34.55 (2008)

(Data were released in 2011, 0=perfect equality, 100=absolute inequality)

Freedom House rating

Political Rights:3
Civil Liberties:4 (2011)

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

Total telephone subscribers as % of population

27.57% (2011)

(sum of fixed telephone lines and mobile cellular subscribers)

Internet users as % of total population 1.3% (Data were released in 2012 and refer to 2011)
Cost of living - Mercer 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)

0.0774 (Data were released in 2012 and refer to 2009)

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