Niger Economic Statistics and Indicators

14, Aug 2020, EDT. Welcome to the Niger economic statistics pages provided by the beta version of EconomyWatch.com's Econ Stats database.

Economic Indicators For: Niger › Change country
National or Regional Currency: Central African Franc, XAF
Year of data: 2015 › Change year
Number of Indicators Listed: 37
Full Dataset: From Year 1980 to 2019
Date of Last Update: 17th March 2015
Population: 17,466,172 (July 2014 est.)
Area: total: 1.267 million sq km ; land: 1,266,700 sq km ; water: 300 sq km
Natural Resources: uranium, coal, iron ore, tin, phosphates, gold, molybdenum, gypsum, salt, petroleum
Capital: name: Niamey ; geographic coordinates: 13 31 N, 2 07 E ; time difference: UTC+1 (6 hours ahead of Washington, DC, during Standard Time)

Niger is a landlocked, Sub-Saharan nation, whose economy centers on subsistence crops, livestock, and some of the world's largest uranium deposits. Agriculture contributes about one-third of GDP and provides livelihood for about nine-tenths of the population. Drought, desertification, and strong population growth have undercut the economy. Niger shares a common currency, the CFA franc, and a common central bank, the Central Bank of West African States (BCEAO), with seven other members of the West African Monetary Union. Debt relief has significantly reduced Niger's annual debt service obligations, freeing funds for expenditures on basic health care, primary education, HIV/AIDS prevention, rural infrastructure, and other programs geared at poverty reduction. Nearly half of the government's budget is derived from foreign donor resources. The economy in recent years has been hurt by terrorist activity and kidnappings near its uranium mines and instability in Mali. Future growth may be sustained by exploitation of oil, gold, coal, and other mineral resources. Niger has sizable reserves of oil and oil production, which began in 2012, along with refining, and exports are expected to grow through 2016. However, oil revenues have fallen well short of predictions, mainly because of logistical challenges. Food insecurity and drought remain perennial problems for Niger. The mining sector may be affected by the government’s attempt to renegotiate extraction rights contracts.
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GDP (Constant Prices, National Currency) for Niger in year 2015 is XAF 2,681.16 Billion.

GDP Growth (Constant Prices, National Currency) for Niger in year 2015 is 4 %.

GDP (Current Prices, National Currency) for Niger in year 2015 is XAF 4,227.14 Billion.

GDP (Current Prices, US Dollars) for Niger in year 2015 is US$ 7.151 Billion.

GDP Deflator for Niger in year 2015 is 157.661 (Index, Base Year as per country's accounts = 100).

GDP Per Capita (Constant Prices, National Currency) for Niger in year 2015 is XAF 151,935.70 .

GDP Per Capita (Current Prices, National Currency) for Niger in year 2015 is XAF 239,543.48 .

GDP Per Capita (Current Prices, US Dollars) for Niger in year 2015 is US$ 405.213 .

GDP (PPP), US Dollars for Niger in year 2015 is US$ 19.053 Billion.

GDP Per Capita (PPP), US Dollars for Niger in year 2015 is US$ 1,079.71 .

GDP Share of World Total (PPP) for Niger in year 2015 is 0.017 %.

Implied PPP Conversion Rate for Niger in year 2015 is 221.86 .

Investment (% of GDP) for Niger in year 2015 is 42.106 %.

Gross National Savings (% of GDP) for Niger in year 2015 is 24.086 %.

Inflation, Average Consumer Prices (Indexed to Year 2000) for Niger in year 2015 is 107.333 (Index, Base Year 2000 = 100).

Inflation (Average Consumer Price Change %) for Niger in year 2015 is 1.006 %.

Inflation, End of Year (Indexed to Year 2000) for Niger in year 2015 is 108.9 (Index, Base Year 2000 = 100).

Inflation (End of Year Change %) for Niger in year 2015 is 2.197 %.

Import Volume of All Items Including Goods and Services (Percent Change) for Niger in year 2015 is 6.447 %.

Import Volumes of Goods Only (Percent Change) for Niger in year 2015 is 5.683 %.

Export Volume of All Items Including Goods and Services (Percent Change) for Niger in year 2015 is -3.997 %.

Export Volumes of Goods Only (Percent Change) for Niger in year 2015 is -5.397 %.

Population for Niger in year 2015 is 17.647 Million .

General government revenue (National Currency) for Niger in year 2015 is XAF 999.609 Billions.

General government revenue (% of GDP) for Niger in year 2015 is 23.647 %.

General government total expenditure (National Currency) for Niger in year 2015 is XAF 1,313.49 Billions.

General government total expenditure (% of GDP) for Niger in year 2015 is 31.073 %.

Total Government Net Lending/ Borrowing (National Currency) for Niger in year 2015 is XAF -313.879 Billions.

Total Government Net Lending/ Borrowing (% of GDP) for Niger in year 2015 is -7.425 %.

Fiscal Year Gross Domestic Product, Current Prices for Niger in year 2015 is XAF 4,227.14 Billions.

Current Account Balance (US Dollars) for Niger in year 2015 is US$ -1.289 Billion.

Current Account Balance (% GDP) for Niger in year 2015 is -18.02 %.