[ Nominal GDP in billions of USD ]
Year -
$19.88 billions
Niger GDP expanded from 1960 to 2024, increasing from $0.45 billion to $19.88 billion.The compound annual growth rate (CAGR) averaged 6.1% over the period. The economy recorded its peak level in 2024 and its lowest level in 1960. Growth volatility remained high. The maximum drawdown reached 44.73%, indicating the largest cyclical decline from peak levels. The country experienced 9 recession episode(s) during the observed period.
| Metric | Nominal GDP (Current USD) | GDP (PPP, Int$) |
|---|---|---|
| Latest Year | 2024 | 2024 |
| Latest GDP | $ 19.88 Billions | $ 55.41 Int Billions |
| Growth (YoY) | 19.027% | 12.967% |
| Net Change vs Previous Year | $ 3.18 Billion | $ 6.36 Int Billion |
| % of World GDP | 0.02% | 0.03% |
| Meaning | Nominal GDP (Current USD, exchange-rate based) | GDP (PPP, cost-of-living adjusted) |
| Nominal | PPP | |||||
|---|---|---|---|---|---|---|
| Year | Bil $ | Net Chg | % Chg | Int Bil $ | Net Chg | % Chg |
| 1960 | 0.45 | - | - | - | - | - |
| 1961 | 0.49 | 0.04 | 8.066 % | - | - | - |
| 1962 | 0.53 | 0.05 | 9.459 % | - | - | - |
| 1963 | 0.59 | 0.05 | 10.26 % | - | - | - |
| 1964 | 0.58 | 0 | -0.593 % | - | - | - |
| 1965 | 0.67 | 0.09 | 15.54 % | - | - | - |
| 1966 | 0.7 | 0.03 | 4.294 % | - | - | - |
| 1967 | 0.67 | -0.04 | -5.227 % | - | - | - |
| 1968 | 0.64 | -0.02 | -3.662 % | - | - | - |
| 1969 | 0.63 | -0.02 | -2.393 % | - | - | - |
| 1970 | 0.65 | 0.02 | 3.842 % | - | - | - |
| 1971 | 0.69 | 0.04 | 6.717 % | - | - | - |
| 1972 | 0.74 | 0.05 | 7.095 % | - | - | - |
| 1973 | 0.95 | 0.2 | 27.411 % | - | - | - |
| 1974 | 1.03 | 0.08 | 8.427 % | - | - | - |
| 1975 | 1.05 | 0.02 | 2.198 % | - | - | - |
| 1976 | 1.06 | 0.02 | 1.509 % | - | - | - |
| 1977 | 1.29 | 0.23 | 21.319 % | - | - | - |
| 1978 | 1.77 | 0.48 | 37.392 % | - | - | - |
| 1979 | 2.11 | 0.33 | 18.875 % | - | - | - |
| 1980 | 2.51 | 0.4 | 18.928 % | - | - | - |
| 1981 | 2.17 | -0.34 | -13.459 % | - | - | - |
| 1982 | 2.02 | -0.15 | -7.061 % | - | - | - |
| 1983 | 1.8 | -0.21 | -10.632 % | - | - | - |
| 1984 | 1.46 | -0.34 | -18.959 % | - | - | - |
| 1985 | 1.44 | -0.02 | -1.414 % | - | - | - |
| 1986 | 1.9 | 0.46 | 32.176 % | - | - | - |
| 1987 | 2.23 | 0.33 | 17.274 % | - | - | - |
| 1988 | 2.28 | 0.05 | 2.12 % | - | - | - |
| 1989 | 2.18 | -0.1 | -4.42 % | - | - | - |
| 1990 | 3.51 | 1.33 | 61.149 % | 6.12 | - | - |
| 1991 | 3.29 | -0.23 | -6.45 % | 6.3 | 0.18 | 2.927 % |
| 1992 | 3.39 | 0.1 | 3.057 % | 6.58 | 0.27 | 4.325 % |
| 1993 | 3.05 | -0.33 | -9.85 % | 6.75 | 0.18 | 2.7 % |
| 1994 | 1.94 | -1.11 | -36.513 % | 7.03 | 0.27 | 4.03 % |
| 1995 | 2.3 | 0.36 | 18.806 % | 7.35 | 0.32 | 4.605 % |
| 1996 | 2.41 | 0.1 | 4.48 % | 7.49 | 0.14 | 1.933 % |
| 1997 | 2.29 | -0.12 | -4.796 % | 7.74 | 0.25 | 3.278 % |
| 1998 | 2.64 | 0.35 | 15.415 % | 8.6 | 0.87 | 11.209 % |
| 1999 | 2.54 | -0.11 | -3.994 % | 8.71 | 0.1 | 1.192 % |
| 2000 | 2.24 | -0.3 | -11.665 % | 8.8 | 0.09 | 1.029 % |
| 2001 | 2.45 | 0.21 | 9.232 % | 9.65 | 0.85 | 9.683 % |
| 2002 | 2.78 | 0.33 | 13.618 % | 10.28 | 0.63 | 6.549 % |
| 2003 | 3.39 | 0.61 | 21.993 % | 10.71 | 0.43 | 4.188 % |
| 2004 | 3.76 | 0.37 | 10.794 % | 11.04 | 0.33 | 3.063 % |
| 2005 | 4.38 | 0.62 | 16.564 % | 12.22 | 1.18 | 10.697 % |
| 2006 | 4.76 | 0.37 | 8.511 % | 13.34 | 1.12 | 9.198 % |
| 2007 | 5.73 | 0.98 | 20.501 % | 14.14 | 0.79 | 5.937 % |
| 2008 | 7.3 | 1.57 | 27.325 % | 15.52 | 1.39 | 9.807 % |
| 2009 | 7.35 | 0.05 | 0.747 % | 15.92 | 0.4 | 2.591 % |
| 2010 | 7.85 | 0.5 | 6.788 % | 17.5 | 1.58 | 9.898 % |
| 2011 | 8.77 | 0.92 | 11.74 % | 18.28 | 0.78 | 4.47 % |
| 2012 | 9.43 | 0.65 | 7.454 % | 20.72 | 2.44 | 13.345 % |
| 2013 | 10.22 | 0.8 | 8.465 % | 21.07 | 0.35 | 1.683 % |
| 2014 | 10.86 | 0.64 | 6.24 % | 22.32 | 1.24 | 5.906 % |
| 2015 | 9.68 | -1.18 | -10.854 % | 23.37 | 1.06 | 4.737 % |
| 2016 | 10.4 | 0.71 | 7.383 % | 24.59 | 1.21 | 5.191 % |
| 2017 | 11.19 | 0.79 | 7.561 % | 25.9 | 1.31 | 5.332 % |
| 2018 | 12.84 | 1.65 | 14.771 % | 28.31 | 2.41 | 9.324 % |
| 2019 | 12.89 | 0.05 | 0.407 % | 32.57 | 4.25 | 15.028 % |
| 2020 | 13.74 | 0.86 | 6.634 % | 35.5 | 2.93 | 9.011 % |
| 2021 | 14.92 | 1.17 | 8.515 % | 38.85 | 3.35 | 9.434 % |
| 2022 | 15.43 | 0.52 | 3.479 % | 46.57 | 7.72 | 19.878 % |
| 2023 | 16.7 | 1.26 | 8.196 % | 49.05 | 2.48 | 5.326 % |
| 2024 | 19.88 | 3.18 | 19.027 % | 55.41 | 6.36 | 12.967 % |
Between 1960 to 2024, Niger experienced the following economic phases:
The most remarkable growth occurred in 1990 with an increase of 61.149%, while the largest decline was in 1994 at -36.513%.