US diplomatic representation: chief of mission: Ambassador John S. DAVISON embassy: Rue Des Ambassades, Niamey mailing address: B. P. 11201, Niamey telephone: [227] 72 26 61 through 72 26 64 FAX: [227] 73 31 67
Flag: three equal horizontal bands of orange (top), white, and green with a small orange disk (representing the sun) centered in the white band; similar to the flag of India, which has a blue spoked wheel centered in the white band
@Niger:Economy
Overview: Niger is one of the world's poorest countries, with GDP growth lagging behind the rapid growth of population. The economy is centered on subsistence agriculture, animal husbandry, and reexport trade, and increasingly less on uranium, its major export throughout the 1970s and 1980s. Uranium revenues dropped by almost 50% between 1983 and 1990 with the end of the uranium boom. Terms of trade with Nigeria, Niger's largest regional trade partner, have improved dramatically since the 50% devaluation of the African franc in January 1994; this devaluation boosted exports of livestock, peas, onions, and the products of Niger's small cotton industry. The government relies on bilateral and multilateral aid for operating expenses and public investment and is strongly induced to adhere to structural adjustment programs designed by the IMF and the World Bank.
National product: GDP - purchasing power parity - $4.6 billion (1993 est.)
National product real growth rate: 1.4% (1993 est.)
National product per capita: $550 (1994 est.)
Inflation rate (consumer prices): NA%
Unemployment rate: NA%
Budget:
revenues: $188 million
expenditures: $400 million, including capital expenditures of $125
million (1993 est.)