Economy of Niger. Statistics, Data and Indicators
Niger
| N/AN/A | Credit rank # |
| N/A | Quality of life # |
| 123 | Corruption rank#103 |
| 132 | Ease of doing business#127 |
Niger Major Economic Indicators
| Indicator | Data | Period |
|---|---|---|
| GDP Value | 13.97 USD Billion | 2022 |
| GDP Annual Growth Rate | 6.8 % | 2Q/23 |
| GDP per capita | 545 USD | 2022 |
| Inflation Rate YoY | 4.77 % | Aug/23 |
| Interest Rate | 5.25 % | Sep/23 |
| Unemployment Rate | 0.5 % | 2022 |
| Balance of Trade | -524509 XOF Million | -0.848 B USD | 1Q/23 |
| Current Account | -1267 XOF Million | -0.002 B USD | 2022 |
GDP Indicators
| Indicator | Data | Period |
|---|---|---|
| GDP Value | 13.97 USD Billion | 2022 |
| GDP Annual Growth Rate | 6.8 % | 2Q/23 |
| GDP per capita | 545 USD | 2022 |
| GDP per capita PPP | 1275 USD | 2022 |
Budget Indicators
| Indicator | Data | Period |
|---|---|---|
| Government Debt to GDP | 51.2 % | 2022 |
| Government Budget to GDP | -6.6 % | 2022 |
| Military Expenditure | 242 USD Million | 0.242 B USD | 2022 |
Inflation Indicators
| Indicator | Data | Period |
|---|---|---|
| Consumer Price Index (CPI) | 121 Index Points | Aug/23 |
| Export Prices | 62.4 Index Points | Dec/18 |
| Food Inflation | 6.1 % | Aug/23 |
| Import Prices | 103 Index Points | Dec/18 |
| Inflation Rate YoY | 4.77 % | Aug/23 |
| Inflation Rate Mom | 2.1 % | Aug/23 |
Trade Indicators
| Indicator | Data | Period |
|---|---|---|
| Current Account to GDP | -15.1 % | 2022 |
| Balance of Trade | -524509 XOF Million | -0.848 B USD | 1Q/23 |
| Capital Flows | -276 XOF Billion | -0.446 B USD | 2022 |
| Current Account | -1267 XOF Million | -0.002 B USD | 2022 |
| Exports | 128940 XOF Million | 0.209 B USD | 1Q/23 |
| Imports | 653449 XOF Million | 1.057 B USD | 1Q/23 |
| Terms of Trade | 60.4 Index Points | Dec/18 |
Money Indicators
| Indicator | Data | Period |
|---|---|---|
| Interest Rate | 5.25 % | Sep/23 |
| Money Supply M0 | 858886 XOF Billion | 1389.244 B USD | Jul/23 |
| Money Supply M2 | 1899754 XOF Billion | 3072.842 B USD | Jul/23 |
| Deposit Interest Rate | 6.49 % | 2017 |
Labor Indicators
| Indicator | Data | Period |
|---|---|---|
| Unemployment Rate | 0.5 % | 2022 |
| Living Wage Family | 267400 XOF/Month | 459.703 USD/Month | 2018 |
| Living Wage Individual | 83400 XOF/Month | 143.378 USD/Month | 2018 |
| Wages High Skilled | 98900 XOF/Month | 170.025 USD/Month | 2018 |
| Wages Low Skilled | 79700 XOF/Month | 137.017 USD/Month | 2018 |
Taxes
| Indicator | Data | Period |
|---|---|---|
| Sales Tax Rate | 19 % | 2023 |
Production Indicators
| Indicator | Data | Period |
|---|---|---|
| Crude Oil Production | 6 BBL/D/1K | Jan/23 |
| Industrial Production | 17.6 % | 1Q/20 |
Business Indicators
| Indicator | Data | Period |
|---|---|---|
| Corruption Index | 32 Index Points | 2022 |
| Corruption Rank | 123 place | 2022 |
| Ease of Doing Business | 132 place | 2019 |
Consumer Indicators
| Indicator | Data | Period |
|---|---|---|
| Retail Sales YoY | 13.5 % | 2Q/23 |
