Niger: economy

What is the GDP growth rate of Niger?

Niger's real GDP grew by 8.5% in 2024, according to the National Institute of Statistics (INS) Statistical Yearbook 2020-2024, after 2.1% in 2023 and 12.1% in 2022. Real GDP reached 9,347.9 billion CFA francs at 2015 prices.

For later years, the IMF World Economic Outlook (October 2026) estimates growth of 6.9% in 2025 and projects 7.0% in 2026. INS figures for the latest year are often provisional and can be revised in later yearbooks.

Official sources: INS Niger: Statistical Yearbook 2020-2024 (PDF) · IMF DataMapper: Real GDP growth, Niger

What is the inflation rate in Niger?

Consumer prices in Niger were 1.3% higher in September 2026 than a year earlier, according to the National Institute of Statistics (INS) harmonised consumer price index. Prices rose 0.4% between August and September 2026. The 12-month average rate was -6.0%, reflecting falling prices through much of the previous year.

The harmonised index (IHPC, base 2023) uses the method shared by all eight UEMOA states and is the official inflation measure for the union. It follows 777 products at 2,541 outlets across all eight regions. Food and non-alcoholic drinks, with 47% of the weight, were 2.2% dearer than a year earlier, while cereals were 6.3% cheaper.

Official sources: INS Niger: Harmonised consumer price index, September 2026 (PDF)

What is the interest rate in Niger?

The main policy rate for Niger, the BCEAO minimum bid rate, is 3.00%, and the marginal lending rate is 5.00%, both in force since 16 March 2026, according to the Central Bank of West African States (BCEAO).

Niger shares its currency, the CFA franc, and its central bank with the other UEMOA member states, so these rates apply across the union. The minimum bid rate is the lowest rate at which banks can borrow from the BCEAO at its liquidity auctions; the marginal lending rate is the rate for overnight borrowing. The rates are set by the BCEAO's Monetary Policy Committee, which met on 10 June and 9 September 2026.

Official sources: BCEAO: Main indicators and policy rates

What is the GDP per capita of Niger?

Niger's nominal GDP per person was 403,128 CFA francs in 2024, according to the National Institute of Statistics (INS) Statistical Yearbook 2020-2024, up from 370,654 CFA francs in 2023. Nominal GDP totalled 10,605.7 billion CFA francs.

In US dollars, the IMF World Economic Outlook (October 2026) puts GDP per capita at about US$730 in 2025 and projects about US$774 in 2026. Dollar figures move with the euro-dollar rate, because the CFA franc is pegged to the euro. Per capita figures divide GDP by INS population projections, which are based on the 2012 census.

Official sources: INS Niger: Statistical Yearbook 2020-2024 (PDF) · IMF DataMapper: GDP per capita, Niger

Is Niger's economy growing?

The latest figure from the World Bank, for 2025, is 7.0%. The peak was 12.2% in 2022 and the low 1.1% in 2021. It is 6th highest of 46 in Sub-Saharan Africa, where the median is 4.6%. World rank, highest first: 17th of 180.

What is GDP per capita in Niger?

According to the World Bank, GDP per person in Niger was $775 in 2025. It is the top of the series, which starts in 2005. It is 40th highest of 46 in Sub-Saharan Africa, where the median is $1,351. Worldwide: 174th of 180.

How does Niger's income per person compare after prices?

$2,177 in international dollars: that is GDP per person at purchasing power parity in Niger for 2025, according to the World Bank. That is the highest since at least 2005. It is 38th highest of 46 in Sub-Saharan Africa, where the median is $4,425 in international dollars. Of 179 countries with 2025 data, 171st highest.

What share of Niger's economy is exports?

15.8% of GDP: that is exports of goods and services in Niger for 2025, according to the World Bank. The peak was 17.0% of GDP in 2013 and the low 8.3% of GDP in 2023. It is 30th highest of 38 in Sub-Saharan Africa, where the median is 26.1% of GDP. Worldwide: 116th of 133.

Does Niger have a current account surplus or deficit?

The latest figure from the IMF, for 2024, is -6.1% of GDP (a deficit). That is the highest since at least 2005. It is 24th highest of 36 in Sub-Saharan Africa, where the median is -4.2% of GDP. World rank, highest first: 129th of 162.

How much foreign direct investment goes into Niger?

1.2% of GDP: that is net inflows of foreign direct investment in Niger for 2025, according to the IMF. Since 2005 it has ranged from 0.8% of GDP (2006) to 12.2% of GDP (2011). Sub-Saharan Africa median: 2.0% of GDP; Niger is 35th highest of 46. Of 179 countries with 2025 data, 121st highest.

What interest rate do banks charge in Niger?

5.3%: that is the average bank lending rate in Niger for 2016, according to the IMF. Its high point since 2005 was 2005, at 10.8%; its low point was 2006, at 4.7%. It is 28th highest of 35 in Sub-Saharan Africa, where the median is 11.6%. World rank, highest first: 100th of 128.