BEST BANKS 2014: AFRICA
The financial system in Africa varies from the highly developed banking institutions of South Africa and Nigeria to the barely organized banking sector of South Sudan, the world’s newest country.
Niger GDP and Economic Data
Niger real GDP growth rate, with latest forecasts and historical data, GDP per capita, GDP composition and breakdown by sector.
Browse additional economic indicators and data sets, selected by Global Finance editors, to learn more about Niger economic outlook, debt to GDP ratio, international trade performance and population trends.
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Gross Domestic Product - GDP
USD 9.2 billion (2019, estimate)
GDP (Purchasing Power Parity)
Intl$ 23.5 billion (2018, estimate)
Real GDP growth
| 2014 | 2015 | 2016 | 2017* | 2018* |
| 7.5% | 4.3% | 4.9% | 4.9% | 5.2% |
*Estimate
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GDP - composition by sector
- agriculture: 39.7%
- industry: 15.9%
- services: 38.3%
(2016 estimate)
Inflation
| 2015 | 2016 | 2017 | 2018* | 2019* |
| 1% | 0.2% | 0.2% | 2.7% | -1.3% |
*Estimate
Public debt (General government gross debt as a % of GDP)
| 2015 | 2016 | 2017 | 2018* | 2019* |
| 39.9% | 44.6% | 54.4% | 53.8% | 55.8% |
*Estimate
Public deficit (General government net lending/borrowing as a % of GDP)
| 2015 | 2016 | 2017 | 2018* | 2019* |
| 9% | -6.1% | -5.7% | -4.1% | -4.2% |
*Estimate
Government bond ratings
Standard & Poor's: N/A
Moody's: N/A
Standard & Poor's / Moody's (Updated January 2017)
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Current account balance by percentage of GDP
-18.1% (2018 estimate)
Exports as percent of GDP (Exports of goods and services)
16.6% (2015)
Shares in world total merchandising export
0.01% (2018)
Shares in world total commercial services export
0.004% (2018)
Export commodities
Uranium ore, livestock, cowpeas, onions
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Import commodities
Foodstuffs, machinery, vehicles and parts, petroleum, cereals
Exports - major partners
France 30.2%, Thailand 18.3%, Malaysia 9.9%, Nigeria 8.3%, Mali 5%, Switzerland 4.9% (2017)
Imports - major partners
France 28.8%, China 14.4%, Malaysia 5.7%, Nigeria 5.4%, Thailand 5.3%, US 5.1%, India 4.9% (2017)
FDI inflows
| 2016 | 2017 | 2018 |
| USD 101 million | USD 89 million | USD 52 million |
FDI outflows
| 2016 | 2017 | 2018 |
| USD 101 million | USD 89 million | USD 52 million |
Value of cross-border M&A, by country of purchaser
| 2012 | 2013 | 2014 | 2015 |
| USD -185.0 million | N/A | N/A | N/A |
Cross-border M&A deals worth over $3 billion completed in 2014
N/A
Cross-border M&A deals worth over $3 billion completed in 2015
N/A
Best countries for doing business
Economies are ranked on their ease of doing business. A high ease of doing business ranking means the regulatory environment is more conducive to the starting and operation of a local firm.
Overall ranking: 150 out of 190 countries (2017)
Subcategories:
Starting a business: 88 out of 190 countries
Enforcing Contracts: 150 out of 190 countries
Registering Property: 125 out of 190 countries
Getting Credit: 139 out of 190 countries
Protecting Minority Investors: 145 out of 190 countries
Trading Across Borders: 132 out of 190 countries
Paying Taxes: 165 out of 190 countries
Dealing with Construction Permits: 179 out of 190 countries
Getting Electricity: 166 out of 190 countries
Resolving Insolvency: 105 out of 190 countries
Source
Index of Economic Freedom
Ranking: 129 / Score: 54.26 (Mostly unfree) (2016)
(100=totally free 0=totally repressed)
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Religions
Muslim 99.3%, Christian .3%, animist .2%, none .1% (2012 est.)
Total population
| 1990 | 2000 | 2010* | 2015* | 2020* |
| 8.2 million | 11.3 million | 16.5 million | 20 million | 24.2 million |
*Estimate
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Urban population as % of total population
| 1960 | 1980 | 2000 | 2018 |
| 15.4% | 22% | 34.8% | 50.3% |
Literacy
Total population: 19.1%
Male: 27.3%
Female: 11%
Definition: age 15 and over can read and write (2015 est.)
% of population living on less than $3.10 a day
76.9% (2014 estimate)
Inequality of wealth distribution (Gini index)
34.3 (2014)
(0=perfect equality, 100=absolute inequality)
Source
Freedom House rating
Partly Free
Political Rights: 4
Civil Liberties: 4 (2019)
(1 represents the most free, 7 the least free rating)
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Total telephone subscribers as % of population
Fixed: 0.5% Mobile: 40.6% (2017) (fixed-telephone subscribers and mobile-cellular subscribers)