Niger GDP Trends from 1980 to 2024: A overall increase with some decline Flow

Niger's GDP changed from approximately $3B 531M in 1980 to $18B 816M in 2024, showing an overall 432.9% sharply increased during the period.
The lowest GDP was recorded in 1994 at $1B 935M, and the highest in 2024 at $18B 816M.
Over the 44-year span, the GDP showed a overall increase with some decline trend, with an average annual growth rate of 3.9%.
For comparison, the average annual growth rate of Burkina Faso was 5.2%, and that of Mali was 5.5%.

Overview of Niger's GDP (1980–2024)

The Gross Domestic Product (GDP) of Niger recorded a 432.9% sharply increased from 1980 to 2024.
The average GDP during this period was $6B 286M, and the median was $3B 491M.
GDP fluctuated within a range of $16B 881M, with a standard deviation of $4B 738M.
The average annual change was $315M 434K.


Niger GDP from 1980 to 2024

The total market value of goods and services produced annually in Niger.

Change Chart

    Highest and Lowest GDP Records

    • Lowest GDP: 1994, $1B 935M
    • Highest GDP: 2024, $18B 816M
    • Most Recent GDP: 2024, $18B 816M

    Notable Annual GDP Changes

    • 2024: Significant increase in GDP
    • 2015: Noticeable drop in GDP

    Overall pattern: overall increase with some decline


    Global Economic Events and Niger's GDP

    COVID-19 Pandemic (2020)

    • Period: From 2019 to 2020
    • GDP Change: $12B 917M → $13B 764M
    • Outcome: increased

    2008 Global Financial Crisis

    • Period: From 2007 to 2009
    • GDP Change: $5B 716M → $7B 324M
    • Outcome: sharply increased

    2001 Dot-com Bubble Burst

    • Period: From 2000 to 2001
    • GDP Change: $2B 235M → $2B 442M
    • Outcome: increased

    1998 Asian Financial Crisis

    • Period: From 1997 to 1998
    • GDP Change: $2B 285M → $2B 639M
    • Outcome: sharply increased

    Key Economic Indicators of Niger (1980–2024)

    yearNominal GDPGDP per CapitaPPP per CapitaPPP GDPGDP GrowthCurrent AccountSavingsFiscal BalancePopulation
    1980
    $ 3B 531M
    $ 609.43
    $ 703.20
    $ 4B 74M
    4.886 %
    -7.808 %
    12.12 %
    0 %
    5M 794K people
    1981
    $ 3B 56M
    $ 510.03
    $ 743.04
    $ 4B 452M
    -0.178 %
    -5.94 %
    8.11 %
    0 %
    5M 991K people
    1982
    $ 2B 840M
    $ 458.11
    $ 779.08
    $ 4B 830M
    2.174 %
    -8.198 %
    6.42 %
    0 %
    6M 199K people
    1983
    $ 2B 538M
    $ 395.66
    $ 752.15
    $ 4B 825M
    -3.864 %
    -2.436 %
    6.40 %
    0 %
    6M 415K people
    1984
    $ 2B 56M
    $ 310
    $ 626.82
    $ 4B 158M
    -16.82 %
    0.058 %
    1.92 %
    0 %
    6M 634K people
    1985
    $ 2B 27M
    $ 295.81
    $ 674.18
    $ 4B 621M
    7.718 %
    -3.156 %
    5.67 %
    0 %
    6M 854K people
    1986
    $ 2B 680M
    $ 378.69
    $ 708.43
    $ 5B 13M
    6.352 %
    -5.819 %
    9.84 %
    0 %
    7M 76K people
    1987
    $ 3B 143M
    $ 430.39
    $ 704.10
    $ 5B 142M
    0.088 %
    -5.624 %
    5.41 %
    0 %
    7M 303K people
    1988
    $ 3B 210M
    $ 426.03
    $ 755.10
    $ 5B 689M
    6.871 %
    -7.181 %
    10.94 %
    0 %
    7M 534K people
    1989
    $ 3B 68M
    $ 394.73
    $ 767.97
    $ 5B 969M
    0.957 %
    -8.373 %
    6.10 %
    0 %
    7M 772K people
    1990
    $ 3B 491M
    $ 435.34
    $ 762.11
    $ 6B 111M
    -1.308 %
    -6.757 %
    11.36 %
    0 %
    8M 19K people
    1991
    $ 3B 271M
    $ 394.90
    $ 759.44
    $ 6B 290M
    -0.44 %
    -5.387 %
    12.15 %
    0 %
    8M 282K people
    1992
    $ 3B 372M
    $ 393.72
    $ 766.21
    $ 6B 562M
    2.001 %
    -4.721 %
    8.54 %
    0 %
    8M 564K people
    1993
    $ 3B 41M
    $ 343.18
    $ 760.52
    $ 6B 739M
    0.323 %
    -3.196 %
    6.56 %
    0 %
    8M 861K people
    1994
    $ 1B 935M
    $ 211.02
    $ 764.48
    $ 7B 11M
    1.858 %
    -6.519 %
    13.03 %
    0 %
    9M 171K people
    1995
    $ 2B 296M
    $ 241.95
    $ 772.75
    $ 7B 334M
    2.454 %
    -6.605 %
    5.69 %
    -1.266 %
    9M 490K people
    1996
    $ 2B 397M
    $ 243.97
    $ 760.73
    $ 7B 475M
    0.1 %
    -4.538 %
    10.26 %
    1.012 %
    9M 827K people
    1997
    $ 2B 285M
    $ 224.47
    $ 758.52
    $ 7B 720M
    1.527 %
    -5.818 %
    7.96 %
    -1.146 %
    10M 178K people
    1998
    $ 2B 639M
    $ 250.23
    $ 814.16
    $ 8B 586M
    9.975 %
    -5.774 %
    8.88 %
    -0.995 %
    10M 546K people
    1999
    $ 2B 532M
    $ 231.66
    $ 794.88
    $ 8B 688M
    -0.222 %
    -5.419 %
    5.81 %
    -3.007 %
    10M 930K people