What is the GDP of Niger?

Niger's GDP is approximately $19.9 billion USD. The GDP growth rate is 10.3%.

What is the population of Niger?

Niger has a population of approximately 27 million people. The population growth rate is 3.3%.

What is the inflation rate in Niger?

The inflation rate in Niger is 9.1%.

What is the unemployment rate in Niger?

The unemployment rate in Niger is 0.4%.

What is the GDP per capita of Niger?

Niger's GDP per capita is approximately $735 USD.

Is Niger a good country to invest in?

Niger has an investment score of 17/100, classified as "High Risk" risk. Key sectors include Mining (Uranium, Oil), Agriculture, Livestock. Credit rating: NR.

How open is Niger's economy to trade?

Niger's trade openness (trade as % of GDP) is 50%. Exports total approximately $5.4B and imports $4.5B.

How much foreign investment does Niger attract?

Foreign direct investment (FDI) in Niger is 1.8% of GDP. There may be opportunities for early-mover investors.

What are the main economic sectors in Niger?

Niger's economy is composed of services (45% of GDP), industry (18% of GDP), and agriculture (34% of GDP).

Can I start a business in Niger as a foreigner?

Niger offers various options for foreign entrepreneurs. Visit our business setup guide for Niger for detailed information on entity types, registration steps, costs, tax rates, and foreign ownership rules.

Is Niger's economy growing?

Niger's GDP growth rate is 10.3%. This is above the global average, indicating strong economic momentum.

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Niger Economy Overview

Name: Niger Economic Data
Creator: NationsData
License: https://datacatalog.worldbank.org/public-licenses#cc-by

Sub-Saharan AfricaLow IncomeCapital: NiameyNER

High Risk

Growing

19.9B USD

GDP (Nominal)

Growing at 10.3%

$735

GDP Per Capita

Developing economy

27M

Population

+3.3% annual growth

High

9.1%

Inflation

Elevated

50%of GDP

Trade Openness

1.8%of GDP

FDI Inflows

Public Debt

Low

0.4%

Unemployment

Surplus

+$0.9B

Trade Balance

GDP

Billion USD, nominal

$19.9B

2024+3.2B

GDP Growth

Annual %

10.3%

2024+8.6%

Inflation

Consumer prices, annual %

9.1%

2024+5.4%

Population

Millions

27M

2024+0.9M

Economic Structure

Services45%

Industry18%

Agriculture34%

Investment Score Breakdown

Economic Health (30%)18

Political Safety (25%)10

Business Climate (20%)18

Financial Strength (15%)15

Growth Potential (10%)28

Key Sectors

Mining (Uranium, Oil)

12% of GDP

growing

Agriculture

40% of GDP

stable

Livestock

8% of GDP

stable

Should I Invest in Niger?

AvoidSetup: ModerateROI: Moderate

Niger scores 17/100 on the NationsData Investment Index, rated "High Risk". Growth is subdued at 2%.

Investment Score17/100

GDP Growth2%

Inflation4.5%

FDI/GDP3%

Public Debt52%

Political Stability-1.5

Strengths

Risks

-Significant political instability - governance risks may affect business continuity
-Corruption is a significant concern - budget for compliance and due diligence
-Large current account deficit (-15%) - currency depreciation risk

Also Consider

Guinea-Bissau

Same region, similar income level, faster growth (4.5%)

DR Congo

Same region, similar income level, faster growth (6.5%)

Burkina Faso

Same region, similar income level, faster growth (3.5%)

Chad

Same region, similar income level

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