Niger: Economy
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Income Level (by per capita GNI) Source: The World Bank Possible values: High Income, Upper Middle Income, Lower Middle Income and Low Income |
Low Income |
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Level of Development
Source: United Nations Possible values: Developed, In Transition and Developing |
Developing |
| Economic Trivia | Niger has some of the largest deposits of uranium in the world, which provide for its largest exports. |
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Trade
Source: United Nations Comtrade Note: Top 3 trade partners are calculated by imports + exports. |
Top 3 Trade Partners (2018): France, China, and Thailand |
| Top Industries Source: CIA World Factbook | Uranium Mining; Cement; Brick; Soap |
Gross Domestic Product (GDP) [1]
| GDP, PPP (current international) | $29,807,368,321 (2019) |
| GDP Growth Rate (annual %) | 5.903% (2019) |
| GDP Per Capita, PPP (current international) | $1,279 (2019) |
GDP Country Rank 137/196 (2019)
Economic Indicators [1]
| Inflation, consumer prices (annual %) | -2.49% (2019) |
| External debt stocks, total (DOD, current US$) | $3,607,743,250 (2019) |
| Total tax rate (% of commercial profits) | 47.2% (2019) |
| Real Interest Rate (5 year average %) | 4.265% (2017) |
| Manufacturing, value added (% of GDP) | 7.071% (2019) |
| Current Account Balance (BoP, current US$) | ($1,625,023,612) (2018) |
Labor and Employment [1]
| Labor Force, Total | 8,750,331 (2020) |
| Employment in Agriculture (% of total employment) | 74.846% (2020) |
| Employment in Industry (% of total employment) | 7.177% (2020) |
| Employment in Services (% of total employment) | 17.977% (2020) |
| Unemployment Rate | 0.485% (2020) |
Trade [1]
| Imports of goods and services (current US$) | $3,457,526,521 (2019) |
| Exports of goods and services (current US$) | $1,422,306,736 (2019) |
| Total Merchandise Trade (% of GDP) | 0% (2019) |
| FDI, net inflows (BoP, current US$) | $592,758,636 (2019) |
| Commercial Service Exports (current US$) | $225,041,078 (2018) |
Economic Snapshot [1]
Note: Percentile ranks are calculated using the latest available data for all countries within the last 5 years.
How to interpret the graph: The purpose of this graph is to take a snapshot of a country’s economy in comparison to other economies. For example, Niger’s Exports rank is higher than (please wait...) of the countries in the dataset. For Exports, FDI and GDP measures, a higher rank (closer to 100%) indicates a stronger economy. Conversely, for Unemployment and Inflation, a lower rank (closer to 0%) indicates a stronger economy.