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 Q3/18 Q4/18 Q1/19 Q2/19 2020
Currency 560.01
587 609 631 653 753
GDP Actual Q3/18 Q4/18 Q1/19 Q2/19 2020
GDP Annual Growth Rate 5.10
percent
5.2 5.2 5.5 5.4 5.85
GDP 8.12
USD Billion
8.5 8.5 9 9 9.5
GDP per capita 395.94
USD
400 400 410 410 425
GDP per capita PPP 926.00
USD
934 937 933 933 954
LABOUR Actual Q3/18 Q4/18 Q1/19 Q2/19 2020
Unemployment Rate 0.40
percent
0.4 0.4 0.5 0.5 0.5
Population 21.60
Million
21.34 21.57 21.57 21.56 21.51
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 98900 100900
Wages Low Skilled 79700.00
XOF/Month
78900 78900 78900 79700 79700
PRICES Actual Q3/18 Q4/18 Q1/19 Q2/19 2020
Inflation Rate 5.70
percent
5.6 2.6 2.7 2.5 2
Food Inflation 3.50
percent
3.38 3.51 3.34 3.46 3.42
Import Prices 124.10
Index Points
130 128 129 128 129
Export Prices 55.20
Index Points
55.22 55.23 55.22 55.23 55.23
Consumer Price Index Cpi 116.20
Index Points
116 115 116 116 116
MONEY Actual Q3/18 Q4/18 Q1/19 Q2/19 2020
Interest Rate 4.50
percent
4.5 4.5 4.5 4.5 4.5
Money Supply M0 515.30
XOF Billion
512 513 513 513 513
Deposit Interest Rate 6.93
percent
6.93 6.93 6.93 6.93 6.93
Money Supply M2 1101.50
XOF Billion
1113 1117 1118 1118 1119
TRADE Actual Q3/18 Q4/18 Q1/19 Q2/19 2020
Balance of Trade -178800.00
FCFA Million
-175494 -154205 -160042 -154593 -157172
Exports 108200.00
FCFA Million
99507 106102 99649 100095 103452
Imports 287000.00
FCFA Million
275001 263891 259691 254689 260625
Current Account -665.30
FCFA Million
-531 -496 -504 -512 -575
Current Account to GDP -14.40
percent
-18 -20 -17 -17 -16
Capital Flows -485.90
XOF Billion
-333 -296 -337 -377 -338
Crude Oil Production 9.00
BBL/D/1K
6.66 6.06 5.63 5.29 4.35
Terms Of Trade 44.50
Index Points
42.19 42.95 42.43 42.78 42.64
Terrorism Index 6.32
5.7 5.53 5.16 4.8 2.29
GOVERNMENT Actual Q3/18 Q4/18 Q1/19 Q2/19 2020
Government Debt to GDP 29.70
percent
33.4 32.2 34.4 33.8 32.5
Government Budget -5.70
percent of GDP
-3.79 -3.72 -3.75 -3.79 -3.51
Military Expenditure 198.20
USD Million
199 205 209 213 230
BUSINESS Actual Q3/18 Q4/18 Q1/19 Q2/19 2020
Industrial Production 6.90
percent
5.45 1.82 2.41 4.14 3.04
Internet Speed 831.00
KBps
1022 1071 1088 1088 1275
IP Addresses 4785.00
IP
4989 4808 4989 4808 4808
Leading Economic Index 3.50
percent
3.49 3.49 3.49 3.49 3.49
Capacity Utilization 60.00
percent
56.33 56.98 56.71 56.75 56.81
Ease of Doing Business 144.00
141 140 139 138 131
Corruption Index 33.00
Points
36 35 36 36 38
Corruption Rank 112.00
110 111 110 109 105
CONSUMER Actual Q3/18 Q4/18 Q1/19 Q2/19 2020
Retail Sales Yoy 9.50
percent
11.15 10.47 8.24 6.69 6.18
TAXES Actual Q3/18 Q4/18 Q1/19 Q2/19 2020
Sales Tax Rate 19.00
percent
19 19 19 19 19
CLIMATE Actual Q3/18 Q4/18 Q1/19 Q2/19 2020
Temperature 29.70
celsius
30.82 24.51 22.63 28.18 28.13