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 description: 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
Economy - overview: Niger is a poor, landlocked Sub-Saharan nation, whose economy centers on subsistence agriculture, animal husbandry, reexport trade, and increasingly less on uranium, because of declining world demand. The 50% devaluation of the West African franc in January 1994 boosted exports of livestock, cowpeas, onions, and the products of Niger's small cotton industry. The government relies on bilateral and multilateral aid - which was suspended following the April 1999 coup d'etat - for operating expenses and public investment. In 2000, the World Bank approved a structural adjustment loan of $35 million to help support fiscal reforms. However, reforms could prove difficult given the government's bleak financial situation.
GDP: purchasing power parity - $10 billion (2000 est.)
GDP - real growth rate: 3.5% (2000 est.)
GDP - per capita: purchasing power parity - $1,000 (2000 est.)