You are here > 1Up Travel > Countries of the World > Africa > Niger



 Country Facts









  Maps & Cities

  Transnational issues


  Niger Guide
  Niger Maps
  Niger Flag
  More Niger Flags
  Niger Geography
  Niger Travel Warning

Travel & Tourism . Tourist Guide to the Country

Niger Economy

Niger    Economy Top of Page
Economy - overview: Niger is a poor, landlocked Sub-Saharan nation, whose economy centers on subsistence agriculture, animal husbandry, reexport trade, and increasingly less on uranium, because of declining world demand. The 50% devaluation of the West African franc in January 1994 boosted exports of livestock, cowpeas, onions, and the products of Niger's small cotton industry. The government relies on bilateral and multilateral aid - which was suspended following the April 1999 coup d'etat - for operating expenses and public investment. In 2000, the World Bank approved a structural adjustment loan of $35 million to help support fiscal reforms. However, reforms could prove difficult given the government's bleak financial situation.
GDP: purchasing power parity - $10 billion (2000 est.)
GDP - real growth rate: 3.5% (2000 est.)
GDP - per capita: purchasing power parity - $1,000 (2000 est.)
GDP - composition by sector: agriculture:  40%

industry:  18%

services:  42% (1998)
Population below poverty line: 63% (1993 est.)
Household income or consumption by percentage share: lowest 10%:  0.8%

highest 10%:  35.4% (1995)
Inflation rate (consumer prices): 2.8% (2000 est.)
Labor force: 70,000 receive regular wages or salaries
Labor force - by occupation: agriculture 90%, industry and commerce 6%, government 4%
Unemployment rate: NA%
Budget: revenues:  $377 million, including $146 million from foreign sources

expenditures:  $377 million, including capital expenditures of $105 million (1999 est.)
Industries: uranium mining, cement, brick, textiles, food processing, chemicals, slaughterhouses
Industrial production growth rate: NA%
Electricity - production: 200 million kWh (1999)
Electricity - production by source: fossil fuel:  100%

hydro:  0%

nuclear:  0%

other:  0% (1999)
Electricity - consumption: 401 million kWh (1999)
Electricity - exports: 0 kWh (1999)
Electricity - imports: 215 million kWh (1999)
Agriculture - products: cowpeas, cotton, peanuts, millet, sorghum, cassava (tapioca), rice; cattle, sheep, goats, camels, donkeys, horses, poultry
Exports: $385 million (f.o.b., 1999)
Exports - commodities: uranium ore 65%, livestock products, cowpeas, onions (1998 est.)
Exports - partners: France 45%, Nigeria 27%, UK 11% (1999)
Imports: $317 million (f.o.b., 1999)
Imports - commodities: consumer goods, primary materials, machinery, vehicles and parts, petroleum, cereals
Imports - partners: France 22%, Cote d'Ivoire 15%, Nigeria 8%, US 3% (1999)
Debt - external: $1.3 billion (1999 est.)
Economic aid - recipient: $341 million (1997)

note:  the IMF approved a $73 million poverty reduction and growth facility for Niger in 2000 and announced $115 million in debt relief under the Heavily Indebted Poor Countries (HIPC) initiative
Currency: Communaute Financiere Africaine franc (XOF); note - responsible authority is the Central Bank of the West African States
Currency code: XOF
Exchange rates: Communaute Financiere Africaine francs (XOF) per US dollar - 699.21 (January 2001), 711.98 (2000), 615.70 (1999), 589.95 (1998), 583.67 (1997), 511.55 (1996); note - from 1 January 1999, the XOF is pegged to the euro at a rate of 655.957 XOF per euro
Fiscal year: calendar year


Countryfacts Information Courtesy: CIA Worldbook

Make 1Up Travel your HomepageSend this Page to a FriendGo to Top of PagePrint this PageAdd 1Up Travel to your Favorites


Compare Country Info Hotel Directory Geography Flags World Maps Travel Warnings National Parks


Asia Africa Caribbean Middle East North America South America Central America Oceania Pacific Europe Polar Regions


Destinations Monuments Ancient Wonders Modern Wonders Natural Wonders


World Time ISD Codes Travel Links Link Exchange


Disclaimer: Although we've tried to make the information on this web site as accurate as possible, we accept no responsibility for any loss, injury or inconvenience sustained by any person resulting from information published on this site. We encourage you to verify any critical information with the relevant authorities before you travel.

Copyright 1Up Travel All Rights Reserved.
Go Up

Privacy Policy