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Gross Domestic Product (GDP) in Niger

GDP of Niger, 1970-2015

During 1970-2015 GDP of Niger in current prices rose by 6.7 billion US dollars (in 16.7 times) to 7.1 billion US dollars; change occurred by 1.5 billion US dollars by increasing of people by 15.4 million, as well as by 5.3 billion US dollars by increasing of GDP per capita by 264.0 US dollars. The average annual growth of GDP of Niger was 0.15 billion US dollars or 6.5%. The average annual growth of GDP of Niger in constant prices was 2.2%. Share in the world reduced by 0.0029%. Share in Africa dropped by 0.082%. Minimal GDP was in 1970 (0.43 billion US dollars). Maximal GDP was in 2014 (8.2 billion US dollars).

During 1970-2015 GDP per capita in Niger rose by 264.0 US dollars (in 3.8 times) to 359.0 US dollars. The average annual growth of GDP per capita in current prices was 5.9 US dollars or 3.0%.

Change of GDP of Niger described by linear regression model: y=0.12x-239.9, where y - estimated value of GDP of Niger, x - year. Correlation rate = 0.821. Determination rate = 0.675.

GDP of Niger, 1970

GDP of Niger in 1970 was 0.43 billion US dollars, ranked 115th in the world and was on par with GDP of Sierra Leone (0.46 bln. US dollars), GDP of Burkina Faso (0.45 bln. US dollars), GDP of Haiti (0.44 bln. US dollars), GDP of Guyana (0.43 bln. US dollars), GDP of Bahrain (0.42 bln. US dollars), GDP of Gabon (0.41 bln. US dollars). Share of Niger in the world GDP was 0.013%.

GDP per capita in Niger in 1970 was 95.0 US dollars, ranked 169th in the world and was on par with GDP per capita in Myanmar (99.0 US dollars), GDP per capita in Somalia (99.0 US dollars), GDP per capita in Chad (97.0 US dollars), GDP per capita in Botswana (96.0 US dollars), GDP per capita in Bangladesh (95.0 US dollars), GDP per capita in Haiti (93.0 US dollars), GDP per capita in El Salvador (92.0 US dollars), GDP per capita in Indonesia (90.0 US dollars), GDP per capita in Yemen (90.0 US dollars), GDP per capita in Sudan (89.0 US dollars). GDP per capita in Niger was less than GDP per capita in the World (924.0 US dollars) by 829.0 US dollars.

Comparison of GDP in Niger and the neighbors in 1970. GDP of Niger was greater than GDP of Chad (0.4 billion US dollars), GDP of Mali (0.4 billion US dollars), GDP of Benin (0.3 billion US dollars), but was less than GDP of Nigeria (23.9 billion US dollars), GDP of Algeria (5.2 billion US dollars), GDP of Libya (4.0 billion US dollars), GDP of Burkina Faso (0.5 billion US dollars). GDP per capita in Niger was greater than GDP per capita in Burkina Faso (80.0 US dollars), GDP per capita in Mali (59.0 US dollars), but was less than GDP per capita in Libya (1 882.0 US dollars), GDP per capita in Nigeria (426.0 US dollars), GDP per capita in Algeria (354.0 US dollars), GDP per capita in Benin (111.0 US dollars), GDP per capita in Chad (97.0 US dollars).

Comparison of GDP in Niger and leaders in 1970. GDP of Niger was less than GDP of the United States (1 075.9 billion US dollars) in 2 520.7 times, GDP of Germany (215.0 billion US dollars) in 503.8 times, GDP of Japan (211.5 billion US dollars) in 495.5 times, GDP of the United Kingdom (130.7 billion US dollars) in 306.2 times, GDP of China (89.6 billion US dollars) in 210.0 times. GDP per capita in Niger was less than GDP per capita in the United States (5 136.0 US dollars) in 54.1 times, GDP per capita in Germany (2 744.0 US dollars) in 28.9 times, GDP per capita in the United Kingdom (2 350.0 US dollars) in 24.7 times, GDP per capita in Japan (2 040.0 US dollars) in 21.5 times, GDP per capita in China (111.0 US dollars) by 16.8%.

Potential GDP of Niger in 1970. With GDP per capita at the level of the United States (5 136.0 US dollars), GDP of Niger would be 23.1 billion US dollars, it is in 54.1 times more than the actual level. With GDP per capita at the level of Libya (1 882.0 US dollars), as the best neighbor, GDP of Niger would be 8.5 billion US dollars, it is in 19.8 times more than the actual level. With GDP per capita at the level of the World (924.0 US dollars), GDP of Niger would be 4.2 billion US dollars, it is in 9.7 times more than the actual level. With GDP per capita at the level of Western Africa (321.0 US dollars), GDP of Niger would be 1.4 billion US dollars, it is in 3.4 times more than the actual level. With GDP per capita at the level of Africa (296.0 US dollars), GDP of Niger would be 1.3 billion US dollars, it is in 3.1 times more than the actual level.

GDP of Niger, 2015

GDP of Niger in 2015 was worth 7.1 billion US dollars, ranked 149th in the world. Share of Niger in the world GDP was 0.0096%.

GDP per capita in Niger in 2015 was 359.0 US dollars, ranked 208th in the world and was on par with GDP per capita in Malawi (373.0 US dollars). GDP per capita in Niger was less than GDP per capita in the World (10 098.0 US dollars) by 9 739.0 US dollars.

Comparison of GDP in Niger and the neighbors in 2015. GDP of Niger was less than GDP of Nigeria (494.6 billion US dollars), GDP of Algeria (164.8 billion US dollars), GDP of Libya (34.5 billion US dollars), GDP of Mali (13.1 billion US dollars), GDP of Burkina Faso (11.1 billion US dollars), GDP of Chad (10.0 billion US dollars), GDP of Benin (8.5 billion US dollars). GDP per capita in Niger was less than GDP per capita in Libya (5 488.0 US dollars), GDP per capita in Algeria (4 154.0 US dollars), GDP per capita in Nigeria (2 714.0 US dollars), GDP per capita in Benin (779.0 US dollars), GDP per capita in Mali (744.0 US dollars), GDP per capita in Chad (713.0 US dollars), GDP per capita in Burkina Faso (611.0 US dollars).

Comparison of GDP in Niger and leaders in 2015. GDP of Niger was less than GDP of the United States (18 036.6 billion US dollars) in 2 525.1 times, GDP of China (11 158.5 billion US dollars) in 1 562.2 times, GDP of Japan (4 383.1 billion US dollars) in 613.6 times, GDP of Germany (3 363.6 billion US dollars) in 470.9 times, GDP of the United Kingdom (2 858.0 billion US dollars) in 400.1 times. GDP per capita in Niger was less than GDP per capita in the United States (56 054.0 US dollars) in 156.1 times, GDP per capita in the United Kingdom (44 162.0 US dollars) in 123.0 times, GDP per capita in Germany (41 686.0 US dollars) in 116.1 times, GDP per capita in Japan (34 629.0 US dollars) in 96.5 times, GDP per capita in China (8 109.0 US dollars) in 22.6 times.

Potential GDP of Niger in 2015. With GDP per capita at the level of the United States (56 054.0 US dollars), GDP of Niger would be 1 115.3 billion US dollars, it is in 156.1 times more than the actual level. With GDP per capita at the level of the World (10 098.0 US dollars), GDP of Niger would be 200.9 billion US dollars, it is in 28.1 times more than the actual level. With GDP per capita at the level of Libya (5 488.0 US dollars), as the best neighbor, GDP of Niger would be 109.2 billion US dollars, it is in 15.3 times more than the actual level. With GDP per capita at the level of Africa (1 927.0 US dollars), GDP of Niger would be 38.3 billion US dollars, it is in 5.4 times more than the actual level. With GDP per capita at the level of Western Africa (1 827.0 US dollars), GDP of Niger would be 36.4 billion US dollars, it is in 5.1 times more than the actual level.

Size of GDP in Niger

Gross Domestic Product (GDP) in Niger, bln. US dollars
Prices197019801990200020102015
current prices0.432.72.61.75.77.1
constant prices19700.430.480.430.540.861.2
20052.12.42.12.74.35.8
Picture. Niger: GDP

GDP in Niger and its neighbors, bln. $
Country197019801990200020102015
Nigeria23.9198.568.374.6369.1494.6
Algeria5.242.361.854.7161.2164.8
Libya4.038.231.138.580.934.5
Mali0.351.83.03.010.713.1
Burkina Faso0.451.93.12.69.011.1
Chad0.360.791.81.69.810.0
Benin0.321.52.02.67.08.5
Niger0.432.72.61.75.77.1

GDP in Niger and leaders, bln. $
Country197019801990200020102015
United States1 075.92 862.55 979.610 284.814 964.418 036.6
China89.6305.3398.61 214.96 066.411 158.5
Japan211.51 099.73 140.04 887.55 700.14 383.1
Germany215.0946.71 764.91 950.03 417.13 363.6
United Kingdom130.7565.01 093.21 635.42 429.72 858.0
Niger0.432.72.61.75.77.1

Growth of GDP in Niger

Picture. Niger: GDP, growth Picture. Niger: GDP, growth

GDP per capita in Niger

Picture. Niger: GDP per capita Picture. Niger: GDP per capita

GDP per capita in Niger and its neighbors, $
Country197019801990200020102015
Libya1 882.011 966.07 068.07 208.012 918.05 488.0
Algeria354.02 185.02 383.01 753.04 473.04 154.0
Nigeria426.02 693.0715.0607.02 315.02 714.0
Benin111.0399.0398.0370.0733.0779.0
Mali59.0254.0352.0267.0704.0744.0
Chad97.0175.0308.0189.0823.0713.0
Burkina Faso80.0283.0356.0227.0574.0611.0
Niger95.0452.0333.0154.0351.0359.0

GDP per capita in Niger and leaders, $
Country197019801990200020102015
United States5 136.012 468.023 649.036 355.048 291.056 054.0
United Kingdom2 350.010 049.019 142.027 781.038 741.044 162.0
Germany2 744.012 113.022 353.023 810.042 483.041 686.0
Japan2 040.09 487.025 685.038 878.044 770.034 629.0
China111.0312.0345.0957.04 524.08 109.0
Niger95.0452.0333.0154.0351.0359.0

Structure of GDP in Niger

Structure of GDP by expenditures, %
Yearconsumption expenditurecapital formationnet export
totalhousehold expendituregovernment expendituretotalfixed capital formation
197096.281.414.89.36.7-6.8
198080.167.812.331.125.3-12.1
199092.072.619.415.212.8-7.3
200092.273.918.315.615.1-7.8
201086.973.313.640.038.9-26.9
201583.466.816.738.838.8-22.3

© Ivan Kushnir

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