Real GDP growth in Africa 2024, by country
In 2024, Niger's real GDP is estimated to grow by 10.4 percent compared to the previous year. During 2023, Niger's GDP increased by only 1.4 percent, nevertheless a positive trend. The GDPs of Senegal, Libya, and Rwanda might increase by around 8.3 percent, 7.8 percent, and 6.9 percent during 2024, respectively.
Niger's economy is very much dependent on agriculture. In Niger, agriculture normally account for roughly 40 percent of the GDP. Such dependence could mean that any disruptions in the agricultural products market could have significant effects on the country's GDP.