GDP (purchasing power parity): $450.5 billion
GDP real growth rate: 7.1%
GDP per capita (PPP): $2,700
GDP composition by sector 2012
Agriculture: 30.9%
Industry: 43%
Services: 26%
Inflation: 8.4%
Currency: West African CFA Franc
Business Languages
The commercial languages include the following;
- English
- Hausa
Transport
Transport in Niger is crucial to the economy as the country relies heavily on road which covers 10,100 kilometres The other transportation infrastructure include 26 airports and airfields, railway line 300 kilometres and water transport on River Niger.
Energy
The major sources of energy in Niger include; biomass sources particularly wood fuels and charcoal and hydroelectricity
Challenges in Niger
- High transport costs because the country is landlocked
- High rates of poverty
- Niger faces several natural challenges such as drought, desertification and most recently, floods
- Drinking water and water for domestic purposes is another major challenge
- Limited access to electricity reaching only 7% of households
