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Financial Sector Overview

Niger officially the Republic of the Niger, is a landlocked country in West Africa named after the Niger River. Niger is bordered by Libya to the northeast, Chad to the east, Nigeria to the south, Benin to the southwest, Burkina Faso and Mali to the west, and Algeria to the northwest. Niger covers a land area of almost 1,270,000 km2 (490,000 sq mi), making it the largest country in West Africa. Over 80% of its land area lies in the Sahara Desert. The country's predominantly Islamic population of about 21 million live mostly in clusters in the far south and west of the country. The capital city is Niamey, located in Niger’s southwest corner.

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At a Glance

Population in thousands (2017): 21,477.35
GDP per capita (current US$) 2017 - World Average 10,721.61: 378.06
Account (%) age 15+) - (2014 vs 2017): 7% | 16%
Agriculture Orientation Index - Credit ( Agriculture, Forestry and Fisheries share of GDP) (2015 vs 2016): 0.01 (2015)
Financial Inclusion Strategies: • Stratégie Nationale de la Finance Inclusive (SNFI) 2018-2020 (published Feb 2018) FR• La Stratégie régionale d’inclusion financière dans l’UEMOA (published 2016) FR
Domestic credit provided by financial sector (% of GDP) 2017: 21.43
Made or received digital payments in the past year (% age 15+) (2014 vs 2017): 5% | 13%
Remittances % of GDP for 2017: 0.024
Mortgage Interest Rate / Mortgage Term (years): 10.50% | 9

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Latest News & Events

May 31, 2019 | Ecofin Agency
The ECOWAS Bank for Investment and Development (EBID) has just launched a bond issuance operation.

Latest Publications

Dec 31, 2018 | F. Haile, L.C. Moller | The World Bank
Jun 30, 2018 | UNHCR, UNCDF | UNHCR
Sep 30, 2016 | T. Vasudevan, E. Lahaye, C. Riquet et al. | CGAP
Aug 31, 2014 | M.S. Martinez Peria, S. Singh | The World Bank
Dec 31, 2013 | C. Riquet, C. Poursat | CGAP