Niger GDP

The Gross Domestic Product (GDP) in Niger was worth 6.57 billion US dollars in 2012. The GDP value of Niger represents 0.01 percent of the world economy. GDP in Niger is reported by the World Bank. From 1960 until 2012, Niger GDP averaged 2.1 USD Billion reaching an all time high of 6.6 USD Billion in December of 2012 and a record low of 0.5 USD Billion in December of 1960. The gross domestic product (GDP) measures of national income and output for a given country's economy. 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. This page provides - Niger GDP - actual values, historical data, forecast, chart, statistics, economic calendar and news. 2014-04-24

Actual Previous Highest Lowest Forecast Dates Unit Frequency
6.57 6.02 6.57 0.45 7.47 | 2014/06 1960 - 2012 USD Billion Yearly

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Niger GDP
LIST BY COUNTRY

GDP Last Previous Highest Lowest Forecast Unit
GDP 6.57 2012-12-31 6.02 6.57 0.45 7.47 2014-06-30 USD Billion [+]
GDP Annual Growth Rate 3.60 2013-12-31 11.10 13.48 -17.06 13.24 2014-06-30 Percent [+]
GDP per capita 246.23 2012-12-31 230.09 559.70 230.09 262.11 2014-06-30 USD [+]
GDP per capita PPP 573.01 2012-12-31 535.44 946.89 535.44 609.97 2014-06-30 USD [+]
[+]


GDP | Notes
The gross domestic product (GDP) or gross domestic income (GDI) is one of the measures of national income and output. GDP can be defined in three ways, which should give identical results. First, it is equal to the total expenditures for all final goods and services produced within the country in a specified period of time (usually a 365-day year). Second, it is equal to the sum of the value added at every stage of production by all the industries, plus taxes and minus subsidies on products. Third, it is equal to the sum of the income generated by production like compensation of employees, taxes on production and imports less subsidies, and gross operating surplus.


RELATED NEWS

Niger Inflation Rate at -0.40 Percent  
The inflation rate in Niger was recorded at -0.40 percent in March of 2014. Inflation Rate in Niger is reported by the Institut National de la Statistique du Niger.
Niger Balance of Trade at -34372.70 FCFA Million  
Niger recorded a trade deficit of 34372.70 FCFA Million in the third quarter of 2013. Balance of Trade in Niger is reported by the Institut National de la Statistique du Niger.
Niger Exports at 139556.10 FCFA Million  
Exports in Niger increased to 139556.10 FCFA Million in the third quarter of 2013 from 127393.56 FCFA Million in the second quarter of 2013. Exports in Niger is reported by the Institut National de la Statistique du Niger.
Niger Imports at 173928.80 FCFA Million  
Imports in Niger decreased to 173928.80 FCFA Million in the third quarter of 2013 from 185523.50 FCFA Million in the second quarter of 2013. Imports in Niger is reported by the Institut National de la Statistique du Niger.
Niger Sales Tax Rate | VAT at 18.00 Percent  
The Sales Tax Rate in Niger stands at 18 percent. Sales Tax Rate in Niger is reported by the Ministry of Finance.
Niger Interest Rate at 3.50 Percent  
The benchmark interest rate in Niger was last recorded at 3.50 percent. Interest Rate in Niger is reported by the Central Bank of West African States (BCEAO).
Niger Current Account at -576.00 FCFA Million  
Niger recorded a Current Account deficit of 576 FCFA Million in 2013. Current Account in Niger is reported by the Institut National de la Statistique du Niger.
Niger Current Account to GDP at -28.20 Percent  
Niger is expected to record a Current Account deficit of 28.20 percent of the country's Gross Domestic Product in 2013. Current Account to GDP in Niger is reported by the Institut National de la Statistique du Niger.
Niger Government Budget at 0.10 Percent of GDP  
Niger is expected to record a Government Budget surplus equal to 0.10 percent of the country's Gross Domestic Product in 2013. Government Budget in Niger is reported by the Institut National de la Statistique du Niger.
Niger GDP Annual Growth Rate at 3.60 Percent  
The Gross Domestic Product (GDP) in Niger is expected to expand 3.60 percent in 2013 from the previous year. GDP Annual Growth Rate in Niger is reported by the Institut National de la Statistique du Niger.
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