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 Q2/17 Q3/17 Q4/17 Q1/18 2020
Currency 586.45 619 626 644 638 736 [+]
GDP Actual Q2/17 Q3/17 Q4/17 Q1/18 2020
GDP Annual Growth Rate 5.60 5.57 5.49 5.71 4.84 5.85 percent [+]
GDP 7.14 7.69 7.27 6.85 6.9 6.89 USD Billion [+]
GDP per capita 383.83 385 381 378 378 378 USD [+]
GDP per capita PPP 897.40 908 912 916 918 945 USD [+]
LABOUR Actual Q2/17 Q3/17 Q4/17 Q1/18 2020
Unemployment Rate 2.25 6 6 6 6 5.5 percent [+]
Population 18.53 18.71 18.9 19.09 19.23 21.3 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 Q2/17 Q3/17 Q4/17 Q1/18 2020
Inflation Rate 2.30 1.35 1.1 1.9 3.24 2 percent [+]
Food Inflation 1.30 -0.33 0 -0.12 -0.14 -0.13 percent [+]
MONEY Actual Q2/17 Q3/17 Q4/17 Q1/18 2020
Interest Rate 4.50 4.5 4.5 4.5 4.5 4.5 percent [+]
Money Supply M0 678404.10 716036 728199 740282 752285 879181 XOF Million [+]
Deposit Interest Rate 6.18 5.9 5.63 5.37 5.4 5.75 percent [+]
Money Supply M2 1239745.80 1314666 1339385 1363977 1388444 1649472 XOF Million [+]
TRADE Actual Q2/17 Q3/17 Q4/17 Q1/18 2020
Balance of Trade -108402.00 -109434 -90493 -99909 -119424 -128238 FCFA Million [+]
Exports 65531.00 61101 65504 90480 74950 70233 FCFA Million [+]
Imports 173933.00 238432 276237 247907 247907 259662 FCFA Million [+]
Current Account -921.70 -825 -865 -904 -908 -909 FCFA Million [+]
Current Account to GDP -21.20 -19.91 -18.48 -17.05 -17.96 -20.59 percent [+]
Capital Flows -250.10 -470 -631 -793 -653 -754 XOF Billion [+]
Crude Oil Production 13.00 13 13 13 13 13 BBL/D/1K [+]
Terrorism Index 6.68 4.85 5.49 6.12 5.92 2.39 [+]
GOVERNMENT Actual Q2/17 Q3/17 Q4/17 Q1/18 2020
Government Debt to GDP 36.40 34.7 37.78 40.87 41.69 38.79 percent [+]
Government Budget -6.90 -5.84 -6.14 -6.43 -5.94 -4.2 percent of GDP [+]
Military Expenditure 73.10 78.14 76.45 74.76 75.27 74.55 USD Million [+]
BUSINESS Actual Q2/17 Q3/17 Q4/17 Q1/18 2020
Industrial Production 85.20 0.43 0.62 0.55 0.55 0.57 percent [+]
Leading Economic Index 3.10 3.07 3.07 3.06 3.07 3.07 [+]
Capacity Utilization 52.00 50.04 50.36 50.36 50.16 50.23 percent [+]
Ease of Doing Business 150.00 153 153 153 154 169 [+]
Corruption Index 35.00 36 37 37 38 40 Points [+]
Corruption Rank 101.00 103 103 103 103 101 [+]
CONSUMER Actual Q2/17 Q3/17 Q4/17 Q1/18 2020
Retail Sales Yoy -9.40 6.4 9.95 12.69 12.46 8.5 percent [+]
TAXES Actual Q2/17 Q3/17 Q4/17 Q1/18 2020
Sales Tax Rate 19.00 18.21 18.12 18.02 18.12 18.31 percent [+]