GDP per capita in Niger averaged 601.20 USD from 1960 until 2019, reaching an all time high of 962.40 USD in 1965 and a record low of 426.70 USD in 2004. Niger's economy is based largely on subsistence crops, livestock, and some of the world's largest uranium deposits. World … Niger GDP (Gross Domestic Product) was INT$22.74billion for 2019 in PPP terms. Despite criticism from the opposition over his government's growing authoritarianism, the president, Mahamadou Issoufou, will maintain his grip on power until a new president (who is likely to be from Mr Issoufou's ruling party) is elected in late 2020 or early 2021. It is estimated that the application of the latest standard would add US$824 billion.Most American countries use a national income accounting standard that fails to record the informal economy. 10Y 25Y Traditional subsistence farming, herding, small trading, and informal markets dominate an economy that generates few formal sector jobs. Missing data, out of date base years, disputed population data and the size of the unrecorded informal economy means that international rankings of countries in terms of GDP and GDP per capita are meaningless.The quality of economic data across Asia-Pacific region varies considerably across countries, mainly as a result of lack of statistical capacity.The use of different national income standards across Europe has an impact on cross-country comparability and in some cases leads to an underestimation of GDP. Niger gdp per capita for 2019 was $555, a 2.96% decline … The GDP value of Niger represents 0.01 percent of the world economy. The Gross Domestic Product per capita in Niger was last recorded at 558.40 US dollars in 2019.
The Gross Domestic Product (GDP) in Niger was worth 12.93 billion US dollars in 2019, according to official data from the World Bank and projections from Trading Economics.
1960-2019 Data | 2020-2022 Forecast | Historical | Chart | NewsDownload historical data for 20 million indicators using your browser.Direct access to our calendar releases and historical data. Economic activity was also driven by the construction of infrastructure for the hosting of the African Union Summit in July 2019 and by major donor-supported projects. Between 1988 and 1995 28% to 30% of the total economy of Niger was in the unregulated Informal sector, includi… Current USD Its overall score has increased by 3.1 points due to an improvement in the fiscal health score. Trading Economics members can view, download and compare data from nearly 200 countries, including more than 20 million economic indicators, exchange rates, government bond yields, stock indexes and commodity prices. Niger’s economic growth remained robust at 6.3% in 2019, driven by agriculture, which benefited from favorable weather conditions and investments aimed at boosting agricultural productivity. The statistic shows gross domestic product (GDP) in Niger from 1984 to 2018, with projections up until 2021. The gross domestic product (GDP) measures of national income and output for a given country's economy. Economy - overview: Niger is a landlocked, Sub-Saharan nation, whose economy centers on subsistence crops, livestock, and some of the world's largest uranium deposits. The Trading Economics Application Programming Interface (API) provides direct access to our data. The most unreliable economic data is produced in Argentina which has manipulated inflation and GDP statistics since 2007. The gross domestic product (GDP) is equal to the total expenditures for all final goods and services produced within the country in a stipulated period of time. Niger’s economic freedom score is 54.7, making its economy the 137th freest in the 2020 Index. Gross domestic product (GDP) denotes the … Agriculture contributes approximately 40% of GDP and provides livelihood for over 80% of the population.
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