Niger GDP: Top Amazing Facts

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Niger GDP

Niger country overview

Before we start to discuss Niger GDP first we discuss Niger country overview, so Niger is officially called the Republic of Niger. Niger is a landlocked located in West Africa. Niamey is the capital and largest city of Niger.

Niger GDP
Niger GDP

Niger’s regional spoken languages are Arabic, Hausa, Kanuri, Tebu, and many other languages spoken widely in Niger. When we talk about its ethnic groups, 53% Hausa, 21% Zarma and other ethnic groups live in Niger.

In religion, 99% Muslims and 1% non-Muslims living in Niger. Niger’s government system is a unitary presidential republic. Its president’s name is Mohamed Bazoum.

Niger’s prime minister name is Ouhoumoudou Mahamadou. Niger’s total land area is 1,267,010 km2. Its land area rank is 21st in the world.

Its total population is 24,112,800 in the year 2021. Its population rank is 57th in the world. Its population density is 12/km2 Which is generally considered a low population density in world countries. 

Niger Economy

Its currency is called the West African CFA franc. Niger’s economy is generally considered a very poor or least developed economy and a very low-income economy.

The inflation rate in Niger is 2.7% in the year 2020. 45% of the Niger population lives below the poverty line. Its HDI rate is 0.377 in the year 2020 Which is considered a very low HDI rate in the world.

Its HDI rank is 189th in the world countries. When we talk about its Labour force by occupation, agriculture is 87%, the industry is 5%, and services are 8% in the year 2020.

The unemployment rate in Niger is 2.5% in the year 2018. Niger’s gross external debt is $3 billion in the year 2018. 

Niger GDP

Its total GDP is $9 billion (nominal) and $24 billion (PPP) in the year 2020. Niger’s total GDP growth rate is 6% in the year 2021.

Its GDP per capita is $415 (nominal) and $1,060 (PPP) in the year 2021. When we talk about its GDP by sector, agriculture 44$, industry 15% and services are 41% in the year 2020. 

Niger Exports

Niger’s total exports are $1.2 billion in the year 2018. Its main export goods are livestock and mostly agricultural products and goods. Its main export partners are Thailand, Mali, China, and others. 

Niger Imports

Its total imports are $2 billion in the year 2018. Its main import goods are machinery, food products, oil and petroleum, and others. Its main import partners are China, the USA, Thailand, and others. 

References: Worldbank, IMF, Wikipedia

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