Niger | Economic Forecasts | 2017-2020 Outlook

This page has economic forecasts for Niger including a long-term outlook for the next decades, plus medium-term expectations for the next four quarters and short-term market predictions for the next release affecting the Niger economy.


MARKETS Actual Q3/17 Q4/17 Q1/18 Q2/18 2020
Currency 543.38 540 534 529 523 463 [+]
GDP Actual Q3/17 Q4/17 Q1/18 Q2/18 2020
GDP Annual Growth Rate 4.40 4.05 5.71 4.26 4.6 5.85 percent [+]
GDP 7.51 7.72 7.91 7.91 7.91 8 USD Billion [+]
GDP per capita 387.90 387 390 390 389 388 USD [+]
GDP per capita PPP 907.00 915 914 917 920 933 USD [+]
LABOUR Actual Q3/17 Q4/17 Q1/18 Q2/18 2020
Unemployment Rate 2.25 6 6 6 6 5.5 percent [+]
Population 20.67 21.25 21.45 21.65 21.84 23.84 Million [+]
Living Wage Family 246179.90 246185 246185 246185 246185 246185 XOF/Month [+]
Living Wage Individual 97063.30 97064 97064 97064 97064 97064 XOF/Month [+]
Wages High Skilled 104100.00 104100 104100 104100 104100 104100 XOF/Month [+]
Wages Low Skilled 62500.00 62500 62500 62500 62500 62500 XOF/Month [+]
PRICES Actual Q3/17 Q4/17 Q1/18 Q2/18 2020
Inflation Rate 1.90 2.6 2.5 2.3 2.2 2 percent [+]
Food Inflation 0.60 0.91 0.69 0.89 0.92 0.89 percent [+]
MONEY Actual Q3/17 Q4/17 Q1/18 Q2/18 2020
Interest Rate 4.50 4.5 4.5 4.5 4.5 4.5 percent [+]
Money Supply M0 651.80 656 656 656 656 656 XOF Billion [+]
Deposit Interest Rate 7.11 7.5 7.66 7.71 7.76 8.51 percent [+]
Money Supply M2 1645.20 1497 1435 1443 1453 1447 XOF Billion [+]
TRADE Actual Q3/17 Q4/17 Q1/18 Q2/18 2020
Balance of Trade -119900.00 -128312 -123616 -128411 -127226 -126666 FCFA Million [+]
Exports 83300.00 62023 79829 72612 58793 61422 FCFA Million [+]
Imports 203300.00 263720 273616 281590 272548 261131 FCFA Million [+]
Current Account -921.70 -865 -904 -908 -911 -909 FCFA Million [+]
Current Account to GDP -19.40 -20 -20 -18 -18 -16 percent [+]
Capital Flows -250.10 -631 -793 -653 -513 -754 XOF Billion [+]
Crude Oil Production 13.00 13 13 13 13 13 BBL/D/1K [+]
Terrorism Index 6.68 5.49 6.12 5.92 5.72 2.39 [+]
GOVERNMENT Actual Q3/17 Q4/17 Q1/18 Q2/18 2020
Government Debt to GDP 30.90 33.4 33.4 33.67 33.95 33.8 percent [+]
Government Budget -6.90 -6.14 -6.43 -5.94 -5.44 -4.2 percent of GDP [+]
Military Expenditure 164.10 154 158 159 160 162 USD Million [+]
BUSINESS Actual Q3/17 Q4/17 Q1/18 Q2/18 2020
Industrial Production 3.80 -23.32 13.99 -1.2 -9.35 0.28 percent [+]
Leading Economic Index 3.70 4.02 4.33 4.62 4.88 6.45 percent [+]
Capacity Utilization 64.10 54.91 56.41 54.23 55.79 55.73 percent [+]
Ease of Doing Business 150.00 153 153 154 155 169 [+]
Corruption Index 35.00 37 37 38 38 40 Points [+]
Corruption Rank 101.00 103 103 103 103 101 [+]
CONSUMER Actual Q3/17 Q4/17 Q1/18 Q2/18 2020
Retail Sales Yoy -0.80 8.67 11.45 11.42 10.32 7.61 percent [+]
TAXES Actual Q3/17 Q4/17 Q1/18 Q2/18 2020
Sales Tax Rate 19.00 18.12 18.02 18.12 18.21 18.31 percent [+]