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 Q4/18 Q1/19 Q2/19 Q3/19 2020
Currency 574.70
569 575 581 587 612
GDP Actual Q4/18 Q1/19 Q2/19 Q3/19 2020
GDP Annual Growth Rate 5.00
percent
5.2 5.5 5.4 5.72 5.85
GDP 8.12
USD Billion
8.5 9 9 9 9.5
GDP per capita 395.94
USD
400 410 410 410 425
GDP per capita PPP 926.00
USD
937 933 933 942 954
LABOUR Actual Q4/18 Q1/19 Q2/19 Q3/19 2020
Unemployment Rate 0.40
percent
0.4 0.5 0.5 0.5 0.5
Population 21.60
Million
21.57 21.57 21.56 21.56 21.51
Living Wage Family 267400.00
XOF/Month
267400 308000 267400 267400 267400
Living Wage Individual 83400.00
XOF/Month
83400 83400 83400 83400 83400
Wages High Skilled 98900.00
XOF/Month
99900 99900 98900 98900 100900
Wages Low Skilled 79700.00
XOF/Month
78900 78900 79700 79700 79700
PRICES Actual Q4/18 Q1/19 Q2/19 Q3/19 2020
Inflation Rate 2.60
percent
3.8 2.7 2.5 2.5 2
Food Inflation -2.60
percent
-1.48 -1.48 -1.48 -1.48 -1.48
Inflation Rate Mom -0.80
percent
0.45 0.08 0.15 0.16 0.15
Import Prices 90.90
Index Points
101 99.74 99.92 100 100
Export Prices 62.50
Index Points
61.04 61.24 61.18 61.19 61.19
Consumer Price Index Cpi 103.90
Index Points
108 109 107 108 108
MONEY Actual Q4/18 Q1/19 Q2/19 Q3/19 2020
Interest Rate 4.50
percent
4.5 4.5 4.5 4.5 4.5
Money Supply M0 506.70
XOF Billion
509 509 509 509 509
Deposit Interest Rate 6.49
percent
6.49 6.49 6.49 6.49 6.49
Money Supply M2 1112.10
XOF Billion
1119 1119 1121 1121 1121
TRADE Actual Q4/18 Q1/19 Q2/19 Q3/19 2020
Balance of Trade -282834.00
FCFA Million
-182966 -199847 -183428 -171161 -190630
Exports 60633.00
FCFA Million
95043 71318 81629 84207 83242
Imports 343467.00
FCFA Million
289547 271165 265057 255368 273872
Current Account -665.30
FCFA Million
-496 -504 -512 -520 -575
Current Account to GDP -14.40
percent
-20 -17 -17 -17 -16
Capital Flows -182.30
XOF Billion
-419 -367 -316 -264 -236
Crude Oil Production 9.00
BBL/D/1K
9 9 9 9 9
Terms Of Trade 68.80
Index Points
62.19 63.58 63.02 63.15 63.16
Terrorism Index 6.32
6.32 6.32 6.32 6.32 6.32
GOVERNMENT Actual Q4/18 Q1/19 Q2/19 Q3/19 2020
Government Debt to GDP 29.70
percent
32.2 34.4 33.8 33 32.5
Government Budget -5.70
percent of GDP
-5.7 -5.7 -5.7 -5.7 -5.7
Military Expenditure 198.20
USD Million
205 209 213 217 230
BUSINESS Actual Q4/18 Q1/19 Q2/19 Q3/19 2020
Industrial Production 6.90
percent
1.82 2.41 4.14 1.93 3.04
Internet Speed 831.00
KBps
1071 1088 1088 1120 1275
IP Addresses 4785.00
IP
4808 4989 4808 4989 4808
Capacity Utilization 50.40
percent
54.15 53.28 53.63 53.62 53.55
Ease of Doing Business 143.00
140 141 141 142 140
Corruption Index 33.00
Points
33 33 33 33 33
Corruption Rank 112.00
112 112 112 112 112
CONSUMER Actual Q4/18 Q1/19 Q2/19 Q3/19 2020
Retail Sales Yoy 9.50
percent
10.66 8.61 7.24 6.05 6.6
TAXES Actual Q4/18 Q1/19 Q2/19 Q3/19 2020
Sales Tax Rate 19.00
percent
19 19 19 19 19
CLIMATE Actual Q4/18 Q1/19 Q2/19 Q3/19 2020
Temperature 29.70
celsius
24.51 22.63 28.18 28.18 28.13



Niger - Economic Forecasts - 2018-2020 Outlook