GDP per capita, Purchasing Power Parity: For that indicator, the World Bank provides data for Niger from 1980 to 2011. The average value for Niger during that period was 682.21 U.S. dollars with a minumum of 597.06 U.S. dollars in 2000 and a maximum of 940.95 U.S. dollars in 1980. Below we provide more information about: GDP per capita, PPP in Niger.
From: To:
Niger198019831986198919921995199820012004200720105006257508751,000
739.42
GDP per capita in Niger and other countries is calculated as the Gross Domestic Product (GDP) divided by the population.
We show the GDP per capita in Purchasing Power Parity (PPP) terms, i.e. we calculate the GDP per capita in different countries using U.S. prices. The PPP measure is useful to compare income across countries. It allows us to answer the following question: 'What can the average person in some country buy if they paid U.S. prices?'
Moreover, we use constant 2005 U.S. prices. Using the prices from only one year allows us to compare GDP per capita over time as the effect of inflation is eliminated. Otherwise, we are not sure if the increase in GDP is due to price increases or to a growth in production.
GDP per capita varies considerably across countries. In advanced economies, it exceeds 35,000 dollars per year. In some very poor countries, it is less than 1000 dollars per year.
For insight into the factors that explain economic growth and development in Niger and other countries, visit the economic growth section of our global economy guide.
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Niger:Inflation
Inflation: percent change in the Consumer Price Index: For that indicator, the World Bank provides data for Niger from 1964 to 2011. The average value for Niger during that period was 5 percent with a minumum of -7.8 percent in 1991 and a maximum of 36 percent in 1994. Below we provide more