Niger - Economic Forecasts - 2018-2020 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 Q1/18 Q2/18 Q3/18 Q4/18 2020
Currency 526.40
574 591 608 625 700
GDP Actual Q1/18 Q2/18 Q3/18 Q4/18 2020
GDP Annual Growth Rate 4.80
percent
5.2 5 5.2 5.3 5.85
GDP 7.51
USD Billion
7.15 7.3 7.45 7.6 6.5
GDP per capita 387.90
USD
387 389 390 391 395
GDP per capita PPP 907.00
USD
895 895 895 895 870
LABOUR Actual Q1/18 Q2/18 Q3/18 Q4/18 2020
Unemployment Rate 2.63
percent
2.7 2.7 2.7 2.7 4.1
Population 20.67
Million
20.07 20.27 20.46 20.65 20.59
Living Wage Family 308000.00
XOF/Month
308000 308000 308000 308000 308000
Living Wage Individual 97700.00
XOF/Month
97700 97700 97700 97700 97700
Wages High Skilled 98900.00
XOF/Month
98900 98900 98900 98900 98900
Wages Low Skilled 79700.00
XOF/Month
79700 79700 79700 79700 79700
PRICES Actual Q1/18 Q2/18 Q3/18 Q4/18 2020
Inflation Rate 4.80
percent
2.3 2.2 4.1 2.6 2
Food Inflation 4.00
percent
2.91 2.52 2.24 2.07 1.77
MONEY Actual Q1/18 Q2/18 Q3/18 Q4/18 2020
Interest Rate 4.50
percent
4.5 4.5 4.25 4.25 4
Money Supply M0 668.20
XOF Billion
664 663 661 660 642
Deposit Interest Rate 7.11
percent
7.17 7.33 7.5 7.66 8.51
Money Supply M2 1221.20
XOF Billion
1197 1184 1171 1158 1031
TRADE Actual Q1/18 Q2/18 Q3/18 Q4/18 2020
Balance of Trade -159500.00
FCFA Million
-147738 -139049 -141267 -133571 -133459
Exports 89100.00
FCFA Million
89411 92008 88957 93763 98475
Imports 248600.00
FCFA Million
250538 241840 240751 235401 235683
Current Account -553.30
FCFA Million
-665 -618 -571 -524 -591
Current Account to GDP -19.40
percent
-18 -18 -18.69 -20 -16
Capital Flows -250.10
XOF Billion
-78.51 -161 -244 -327 -114
Crude Oil Production 11.00
BBL/D/1K
11.75 12.19 12.57 12.87 13.39
Terrorism Index 6.32
6.04 5.87 5.7 5.53 2.29
GOVERNMENT Actual Q1/18 Q2/18 Q3/18 Q4/18 2020
Government Debt to GDP 30.90
percent
33.4 33.4 33.4 33.4 33.8
Government Budget -6.10
percent of GDP
-5.92 -4.97 -4.01 -3.06 -2.46
Military Expenditure 164.10
USD Million
141 150 159 168 176
BUSINESS Actual Q1/18 Q2/18 Q3/18 Q4/18 2020
Industrial Production -1.60
percent
5.18 -0.23 4.86 2.8 2.96
Internet Speed 831.00
KBps
898 889 830 853 715
IP Addresses 4785.00
IP
4835 4736 4664 4583 4201
Leading Economic Index 3.40
percent
4.04 4.37 4.63 4.87 6.14
Capacity Utilization 57.60
percent
61.24 61.45 62.54 63.01 66.09
Ease of Doing Business 144.00
146 145 144 142 152
Corruption Index 35.00
Points
33 34 34 34 32
Corruption Rank 101.00
107 107 108 108 113
CONSUMER Actual Q1/18 Q2/18 Q3/18 Q4/18 2020
Retail Sales Yoy -6.20
percent
4.88 7.94 9.74 9.29 6.22
TAXES Actual Q1/18 Q2/18 Q3/18 Q4/18 2020
Sales Tax Rate 19.00
percent
19 19 19 19 19
CLIMATE Actual Q1/18 Q2/18 Q3/18 Q4/18 2020
Temperature 29.70
celsius
22.59 32.12 30.82 24.51 28.13