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In Pictures: 12 Fastest Growing Economies for 2012

Niger

1. Niger

One of the poorest countries in the world, Niger’s economy is highly dependent on economic aid. Frequent droughts, desertification, lack of funding and strong population growth have undercut the economy’s performance.

But in the nation’s economic future looks strong, given its expansive resource base of oil, gold, coal and other minerals.

2012 GDP Forecast: $7.38 billion

GDP Growth: 15.4%

Related: Niger Fast Facts

Related: Niger Economic Statistics and Indicators

Related: Niger Economy, Economic Structure, Economic Forecast, Trade Overview and Industry Sectors

Photo Credit: shutterstock