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Indicators of economy in Niger

The essential economic performance of a country is reflected by the gross domestic product. So the total of all goods and services sold. Worldwide gross domestic product in 2021 was at about 12.259 USD per capita. GDP in Niger, on the other hand, reached USD 595 per capita, or 14.95 billion USD in the whole country. Niger is one of the smaller economies and is currently ranked 131. If this is calculated per inhabitant taking into account the purchasing power parity, then Niger is in the list of the world's richest countries in place 175.

Inflation in Niger was in 2021 at around 3.84%. Within the EU, the average in the same year was 2.55%. In the United States, it was most recently 4.70%.

Compared with the USA, prices for daily consumer goods are around 57.1% lower.
The Corruption Perceptions Index for the public sector counts 67 and is compared to other countries moderate.


Back to overview: Niger

Impact of the Covid-19 pandemic

Overall, the gross domestic product in Niger in 2020 increased from 12.92 billion US Dollar to 13.74 billion US Dollar. Certainly, there have been shifts in numerous sectors of the economy, but a 6.4 percent increase has been rather unusual this year. While most countries have suffered significant losses, Niger has certainly held its own. The unemployment rate rose from 0.6 to 0.6 percent. The consumer inflation rate has risen from -2.5% previously to 2.9% now.

Unemployment rates in percent 1991 - 2021

Economic performance 2021

 Niger
Total
Niger
per capita
EU
Total
EU
per capita
GDP14.95 bn USD594.93 USD17.09 tn USD33,228.68 USD
Gross national product14.80 bn USD588.84 USD16.78 tn USD32,621.03 USD


Development of the Gross domestic product in billion US Dollar 1960 - 2021



Im- and Exports 2020

 Niger
Total
Niger
per capita
EU
Total
EU
per capita
Imports3.54 bn USD140.95 USD8,916.24 bn USD17,337.55 USD
Exports1.34 bn USD53.24 USD9,554.34 bn USD18,578.33 USD


Development of imports and exports in millions of USD 1974 - 2020

Exports
Imports



Niger: AirportsLargest airports and airlines in NigerThe 3 biggest airports and Arik Niger in Niger with further information and data
Pariah StatesList of the 11 current Pariah States11 countries, that suffer from the sanctions of the international community because of their mostly autocratic government.
Infected and deaths by the corona virus (COVID 19)Spread of the Corona virus Covid19 (SARS-CoV-2)Worldwide development of the number of cases and deaths due to the corona virus.