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Business images of Niger

Economy of Niger

The gross domestic product (GDP) of Niger was $16.617 billion US dollars in 2023, according to official data from the World Bank. This data is based largely on internal markets, subsistence agriculture, and the export of raw commodities: foodstuffs to neighbors and raw minerals to world markets. Economic activity centers on subsistence agriculture, animal husbandry, re-export trade, and export of uranium.

Top Sectors in Niger

Agriculture in Niger

The agricultural economy is based largely upon internal markets, subsistence agriculture, and the export of raw commodities: foodstuffs and cattle to neighbors. Foreign exchange earnings from livestock, although difficult to quantify, are considered the second source of export revenue behind mining and oil exports. Niger's agricultural and livestock sectors are the mainstay of all but 18% of the population. Fourteen percent of Niger's GDP is generated by livestock production (camels, goats, sheep, and cattle), which supports 29% of the population. Thus, 53% of the population is actively involved in crop production. The 15% of Niger's land that is arable is found mainly along its southern border with Nigeria.

Mining in Niger

The Niger mining industry is the main source of national exports, with uranium being the largest export. However, the persistent uranium price slump has led to lower revenues for Niger's uranium sector, though it still provides 72% of national export proceeds. As of 2007, many licenses have been sold to other companies from countries such as India, China, Canada, and Australia to exploit new deposits. In 2013, the government of Niger sought to increase its uranium revenue by subjecting the two mining companies to a 2006 Mining Law. In addition to uranium, exploitable deposits of gold are known to exist in Niger in the region between the Niger River and the border with Burkina Faso. The reserves at the location were estimated at 10,073,626 tons at an average grade of 2.21 grams per ton, from which 19,200 kilograms will be recovered over a six-year mine life.

Transportation infrastructure in Niger

Transport is crucial to the economy and culture of this vast landlocked nation, with cities separated by huge uninhabited deserts, mountain ranges, and other natural features. Primary or paved road systems are limited to bigger cities or connections between major cities. In 2012, there was a 19,675-kilometer (12,225 mi) road network throughout Niger, of which 4,225 kilometers (2,625 mi) were paved. Air transport is mainly concentrated in Niamey. Niger's only international airport is Diori Hamani International Airport, located in the capital, Niamey. Other airports in Niger include the Mano Dayak International Airport in Agadez city and Zinder Airport in Zinder city, but as of January 2015, they were not regularly serviced by any carriers. In 2014, construction for the railway extension connecting Niamey (Niger) to Cotonou via Parakou (Benin) began and was expected to be completed by 2016. It includes the construction of 574 kilometers (357 mi) of new railway from Niamey to connect to the existing line in Parakou (Benin).

Sustainable and Renewable Energy in Niger

Niger also gets partial access to hydroelectric power from dams created alongside the Niger River. Hydroelectric power contributes about 280 megawatts (MW) to Niger's energy collectively from several hydropower sources, including 130 MW from the Kandadji Dam, 122.5 MW from the River Niger in Gambou, and 26 MW from Dyondyonga in Mekrou. Getting renewable energy via hydropower has proven controversial due to the reliance on rainfall. Additionally, these hydroelectric power dams generate energy for Niger via Nigeria. Solar energy has also been used to provide energy access. Niger has the potential to provide sustainable and renewable energy access within the country, which would help increase its energy intake and cope with the growing demands of the population. Several projects have been discussed to make use of clean energy sources such as solar power, hydropower, grid power, and wind power. Many NGOs are working on funding projects to provide sustainable and renewable energy in parts of Africa.


Niger - Key Economic Indicators

Exports & Imports

Niger primarily exports uranium, raw materials, and livestock, while importing food, fuel, and manufactured goods.

Balance of Trade

Niger struggles with a chronic trade deficit, meaning the value of imports consistently exceeds exports. This gap is often financed through foreign aid and investment.

Infrastructure Development

Niger faces challenges in infrastructure development. Road networks are limited, and other infrastructure projects are ongoing.

Fiscal Policy

The Nigerien government is attempting to diversify the economy and reduce poverty through increased spending. However, tax collection remains a hurdle.

Monetary Policy

Niger belongs to the West African Economic and Monetary Union (WAEMU), which sets a common monetary policy for member countries.

Trade Agreements

Niger participates in regional trade agreements like ECOWAS (Economic Community of West African States) to improve trade relations with neighboring countries.

Environmental Regulations

Niger is susceptible to desertification and climate change. Environmental regulations are being developed to address these challenges and promote sustainable practices.

Tax System in Niger

Capital gains tax: No separate capital gains tax exists in Niger. Profits from most investments are generally taxed as regular income under the income tax bracket applicable to your total income.
Corporate tax rate: The corporate tax rate in Niger is a flat 28%.
Sales tax (VAT): Niger utilizes a Value Added Tax (VAT) system with a standard rate of 19% applied to most goods and services. However, some basic necessities like bread and medicine might be exempt.
Property tax: Property tax applies to both residential and commercial properties in Niger. Rates vary depending on location, property type, and value.
Payroll tax: Yes, Niger has a payroll tax system that includes contributions to social security. The employer typically withholds these taxes from employee salaries.
Tax deductions and credits: Tax deductions and credits in Niger are limited compared to developed countries. Some deductions exist for business expenses and specific investments. Recent information on any changes or updates might be limited due to the timeframe.
Tax burden: The overall tax burden in Niger is considered moderate for individuals due to progressive income tax brackets. Businesses face a higher tax burden due to the flat corporate tax rate of 28%.

121 Live Notices for Niger ....

Showing 1 to 20

Consultant National, Chef D'Équipe, Spécialiste En Gouvernance.
country Niger
posting date03 Jun 2025
deadline10 Jun 2025
Rehabilitation Of Forty (40) Latrine Blocs Vip Inclusive In Final Materials By Taking Into Account The Climate Of Which Sixteen (16) Blocks In The Urban Commune Of Tchintabaraden, Twenty-One (21) In The Department Of Abalak And Three (03) Other Blocks In The Town Of Tillia And Construction Of One Hundred (100) Family Latrines In The Town Tchintabaraden, Thirty (30) Commune Of Tillia And Thirty (30) In The Department Of Abalak.
country Niger
posting date03 Jun 2025
deadline26 Jun 2025
Catholic Relief Services (Crs) Is Launching A Call For Manifestation Of Interest In The Technical Pre-Qualification Of Hydraulic Construction Companies, Niger
country Niger
posting date02 Jun 2025
deadline17 Jun 2025
Supply, Installation, Training And Commissioning Of Solar Water Pumps In Niger
country Niger
posting date30 May 2025
deadline13 Jun 2025
Supply, Installation, Training And Commissioning Of Solar Water Pumps In Niger
country Niger
posting date29 May 2025
deadline13 Jun 2025
Oxfam Is Launching A Regional Call For Tenders For The Supply Of Food For The Tillabéry Region, Niger
country Niger
posting date29 May 2025
deadline13 Jun 2025
Provision of an accelerator to support the winning fintechs of the SFC competition
country Niger
posting date29 May 2025
deadline05 Jun 2025
Provision for supporting the revitalization of the Mobile Money agent network
country Niger
posting date29 May 2025
deadline11 Jun 2025
Recruitment Of A National Technical Advisor (Ctn) Responsible For Supporting Ins In The Coordination Of The National Statistical System (Ssn)
country Niger
posting date28 May 2025
deadline13 Jun 2025
Lrfp-2025-9197552-Etude Sur Le Cas D'Investissement Sur La Jeune Fille
country Niger
posting date28 May 2025
deadline19 Jun 2025
Unicef Is Launching A Call For Tenders For The Recruitment Of A Company Of Various Supplies Of Non -Food Articles (Non -Food Items) (Nfi) Intended For People Affected By Crises, Trips Or Other Emergency Situations, Niger
country Niger
posting date27 May 2025
deadline06 Jun 2025
Acquisitions Of Devices (Bulldozer, Hydraulic Tractors, Leveling, Loader On Tires, Hydraulic Shovels) And Sanitation Equipment (Garbage Bins) For The Benefit Of Several Municipalities In The Pidurem Intervention Area
country Niger
posting date27 May 2025
deadline20 Jun 2025
Provision of suppliers and service providers for the purpose of updating the database of approved suppliers/service providers for the year 2025
country Niger
posting date27 May 2025
deadline04 Jun 2025
Ppm - Niger - Development And Asphalting Project Of Tamaske -Tahoua And Tamaske -Mararraba (Simplified) Roads - Parttm
country Niger
posting date27 May 2025
deadline10 Jun 2025
Opinion To Manifestation Of Interest Recruitment Of A Firm Responsible For The Revitalization Of The Network Of Mobile Money Agents
country Niger
posting date26 May 2025
deadline11 Jun 2025
The Ngo Good Neighbors Is Launching A Call For Tenders For The Realization Of Rehabilitation And Construction Of Training Rooms, Administrative Block, Store And Caretaker'S Housing At The Cfm Of Ouallam, Niger
country Niger
posting date24 May 2025
deadline08 Jun 2025
Entreprise De Fournitures Diverses Des Articles Non Alimentaires (Non Food Items) (Nfi) Destinés Aux Personnes Touchées Par Des Crises, Des Déplacements Ou D'Autres Situations D'Urgence
country Niger
posting date23 May 2025
deadline06 Jun 2025
The Danish Council For Refugees (Drc) Is Launching A Call For Tenders For The Supply Of Hotel Service As Well As The Rental Of Conference Rooms Of Different Capacities, Niger
country Niger
posting date22 May 2025
deadline06 Jun 2025
The Danish Council For Refugees (Drc) Is Launching A Call For Tenders For The Supply Of Rental Trucks For The Transport Of Goods From Niamey And Diffa, Niger
country Niger
posting date22 May 2025
deadline06 Jun 2025
The Danish Council For Refugees (Drc) Is Launching A Call For Tenders For Fuel Supply For Its Programs In Niamey, Maradi, Tillabéri, Téra And Diffa, Niger
country Niger
posting date22 May 2025
deadline06 Jun 2025