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 Q2/18 Q3/18 Q4/18 Q1/19 2020
Currency 572.12
545 563 581 600 681
GDP Actual Q2/18 Q3/18 Q4/18 Q1/19 2020
GDP Annual Growth Rate 5.00
percent
5 5.2 5.2 5.5 5.85
GDP 7.51
USD Billion
7.55 7.72 7.9 7.7 7.6
GDP per capita 387.90
USD
391 397 391 399 401
GDP per capita PPP 907.00
USD
915 915 914 933 937
LABOUR Actual Q2/18 Q3/18 Q4/18 Q1/19 2020
Unemployment Rate 2.63
percent
2.7 2.7 2.7 2.5 4.1
Population 21.60
Million
20.26 20.45 20.64 20.64 20.56
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
99900 99900 99900 99900 100900
Wages Low Skilled 79700.00
XOF/Month
78900 78900 78900 78900 79700
PRICES Actual Q2/18 Q3/18 Q4/18 Q1/19 2020
Inflation Rate 6.10
percent
2.2 6.1 2.6 2.7 2
Food Inflation 4.20
percent
3.49 1.9 1.89 2.36 2.44
MONEY Actual Q2/18 Q3/18 Q4/18 Q1/19 2020
Interest Rate 4.50
percent
4.5 4.5 4.5 4.5 4.5
Money Supply M0 526.70
XOF Billion
661 668 663 668 665
Deposit Interest Rate 7.11
percent
7.33 7.5 7.66 7.71 8.51
Money Supply M2 1066.30
XOF Billion
1258 1245 1232 1220 1102
TRADE Actual Q2/18 Q3/18 Q4/18 Q1/19 2020
Balance of Trade -178800.00
FCFA Million
-159500 -159500 -159500 -159500 -159500
Exports 108200.00
FCFA Million
89100 89100 89100 89100 89100
Imports 287000.00
FCFA Million
248600 248600 248600 248600 248600
Current Account -553.30
FCFA Million
-717 -680 -644 -621 -644
Current Account to GDP -19.40
percent
-18 -18 -20 -17 -16
Capital Flows -485.90
XOF Billion
-326 -381 -437 -398 -318
Crude Oil Production 9.00
BBL/D/1K
11 11 11 11 11
Terrorism Index 6.32
5.87 5.7 5.53 5.16 2.29
GOVERNMENT Actual Q2/18 Q3/18 Q4/18 Q1/19 2020
Government Debt to GDP 30.90
percent
33.4 33.4 33.4 34.4 32.7
Government Budget -5.70
percent of GDP
-5.58 -4.28 -2.98 -2.57 -7.31
Military Expenditure 198.20
USD Million
150 154 158 159 160
BUSINESS Actual Q2/18 Q3/18 Q4/18 Q1/19 2020
Industrial Production 6.90
percent
6.46 1.37 6.09 1.72 4.73
Internet Speed 831.00
KBps
1049 1022 1071 1088 1275
IP Addresses 4785.00
IP
4807 4989 4808 4989 4808
Leading Economic Index 3.50
percent
3.69 3.47 3.67 3.57 3.57
Capacity Utilization 66.50
percent
62.5 59.51 61.21 60.24 60.59
Ease of Doing Business 144.00
144 144 144 144 144
Corruption Index 33.00
Points
33 33 33 33 33
Corruption Rank 112.00
113 115 117 117 115
CONSUMER Actual Q2/18 Q3/18 Q4/18 Q1/19 2020
Retail Sales Yoy -2.50
percent
-3.02 -6.16 -3.42 -5.82 -4.45
TAXES Actual Q2/18 Q3/18 Q4/18 Q1/19 2020
Sales Tax Rate 19.00
percent
19 19 19 19 19
CLIMATE Actual Q2/18 Q3/18 Q4/18 Q1/19 2020
Temperature 29.70
celsius
32.12 30.82 24.51 22.63 28.13