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ECON FACTBOOK

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Economy of Niger

Population: 17.8 million in 20131

GDP: $7.4 billion in 20132

GDP per capita: $415 nominal3 ($913 PPP4) in 2013

GDP growth rate: 4.1% in 20135

Industries

GDP by Industry 20126

Industry sectorValue added ($ millions) 2012Percent of total
Agriculture, hunting, forestry, fishing2,45241.4%
Other activities1,10418.7%
Wholesale, retail trade, restaurants and hotels92315.6%
Mining and utilities5659.5%
Transport, storage and communication4096.9%
Manufacturing3055.2%
Construction1612.7%
Total value added5,920100%

Employment

Unemployment rate: 5.1% in 20137

Employment by Industry 19958

Employment sectorPercent of total
Agriculture90%
Industry6%
Services4%
Total100%

Corporations

Top 10 Corporations by Revenue 20139

N/A

Households

Household Wealth: $5 billion (68% of GDP) in 201410

Household Wealth per Adult: $148 in 201410

Gini Coefficient: .346 in 201311

Government

Central Government

Central Government Revenue:$1.9 billion (26% of GDP) in 201312

Central Government Expenditure: $2.1 billion (28% of GDP) in 201312

Central Government Budget Balance: -$0.2 billion (-2% of GDP) in 201312

Central Government Public Debt: N/A

Central Government 10 Year Bond Interest Rate: N/A

Government Funds

N/A

Tax Structure

Individual Income Tax Rates and Thresholds in 201313

Corporate Tax Rate: 30% in 201314

Monetary Policy

Money Supply (M0, West Africa Currency Union): N/A

Benchmark Interest Rate (West Africa Currency Union): 2.50% in Sept 201415

Total Reserves: $1.2 billion (16% of GDP) in 201316

Exchange Rate: 579 West African CFA Francs = 1 U.S. Dollar on Feb 18, 201517

Inflation: 2.3% in 201318

Financial Institutions

Top 10 Financial Institutions by Assets 201319

N/A (data not available at Relbanks.com)

International Accounts

Exports: $1.5 billion (20% of GDP) in 201320

Imports: $2.3 billion (31% of GDP) in 201320

Trade Balance: -$0.8 billion (-11% of GDP) in 201320

Foreign Direct Investment Inflow: $0.6 billion (8% of GDP) in 201321

Foreign Direct Investment Outflow: N/A

Foreign Aid Inflow: $0.9 billion (12% of GDP) in 201222

Foreign Aid Outflow: N/A

References

1. Source: World Bank Indicators (Population) Go back
2. Source: World Bank Indicators (GDP) Go back
3. Source: World Bank Indicators (GDP per capita) Go back
4. Source: World Bank Indicators (GDP per capita PPP) Go back
5. Source: World Bank Indicators (GDP growth rate) Go back
6. Source: United Nations Statistics Division (GDP by industry) Go back
7. Source: World Bank Indicators (Unemployment rate) Go back
8. Source: CIA World Factbook (Employment by economic activity) Go back
9. Source: Annual reports (Corporate data) Go back
10. Source: Credit Suisse Global Wealth Databook (Household wealth) Go back
11. Source: UN Human Development Report (Gini coefficient) Go back
12. Source: CIA World Factbook (Government budget) Go back
13. Source: Deloitte Niger Highlights (Individual tax rates) Go back
14. Source: Deloitte Niger Highlights (Corporate tax rate) Go back
15. Source: Reuters (Benchmark interest rate) Go back
16. Source: World Bank Indicators (Total reserves) Go back
17. Source: xe.com (Exchange rate) Go back
18. Source: World Bank Indicators (Inflation rate) Go back
19. Source: Relbanks.com (Financial institutions by assets) Go back
20. Source: CIA World Factbook (Trade data) Go back
21. Source: World Bank Indicators (FDI data) Go back
22. Source: World Bank Indicators (Aid data) Go back