Gross Fixed Capital Formation — Value Standard Local Currency in Niger
Niger: Gross Fixed Capital Formation — Value Standard Local Currency was 2.77 million million SLC in 2024. ◆ Volatile
Gross Fixed Capital Formation — Value Standard Local Currency in Niger, 1970–2024
Source: Food and Agriculture Organization of the United Nations. Measured in million SLC.
Analysis
Niger recorded 2.77 million million SLC for gross fixed capital formation — value standard local currency in 2024.
The figure is up 2.7% on the previous year and up 70.1% over ten years.
Over the whole period, gross fixed capital formation — value standard local currency in Niger peaked at 2.85 million million SLC in 2022 and was at its lowest, 8,829 million SLC, in 1970.
Niger ranks 54th of 230 countries on this measure, in the top quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Gross Fixed Capital Formation — Value Standard Local Currency in Niger, year by year
| Year | million SLC | Change |
|---|---|---|
| 1970 | 8,829 million SLC | — |
| 1971 | 9,888 million SLC | +12.0% |
| 1972 | 10,359 million SLC | +4.8% |
| 1973 | 17,658 million SLC | +70.5% |
| 1974 | 21,189 million SLC | +20.0% |
| 1975 | 43,202 million SLC | +103.9% |
| 1976 | 51,325 million SLC | +18.8% |
| 1977 | 77,521 million SLC | +51.0% |
| 1978 | 106,709 million SLC | +37.7% |
| 1979 | 132,740 million SLC | +24.4% |
| 1980 | 160,938 million SLC | +21.2% |
| 1981 | 192,885 million SLC | +19.9% |
| 1982 | 182,716 million SLC | -5.3% |
| 1983 | 140,512 million SLC | -23.1% |
| 1984 | 64,745 million SLC | -53.9% |
| 1985 | 108,771 million SLC | +68.0% |
| 1986 | 97,117 million SLC | -10.7% |
| 1987 | 108,779 million SLC | +12.0% |
| 1988 | 105,174 million SLC | -3.3% |
| 1989 | 112,773 million SLC | +7.2% |
| 1990 | 102,767 million SLC | -8.9% |
| 1991 | 83,344 million SLC | -18.9% |
| 1992 | 74,162 million SLC | -11.0% |
| 1993 | 88,524 million SLC | +19.4% |
| 1994 | 120,425 million SLC | +36.0% |
| 1995 | 120,543 million SLC | +0.1% |
| 1996 | 146,495 million SLC | +21.5% |
| 1997 | 152,178 million SLC | +3.9% |
| 1998 | 172,341 million SLC | +13.2% |
| 1999 | 168,530 million SLC | -2.2% |
| 2000 | 207,601 million SLC | +23.2% |
| 2001 | 234,713 million SLC | +13.1% |
| 2002 | 256,395 million SLC | +9.2% |
| 2003 | 258,517 million SLC | +0.8% |
| 2004 | 287,895 million SLC | +11.4% |
| 2005 | 428,954 million SLC | +49.0% |
| 2006 | 479,992 million SLC | +11.9% |
| 2007 | 507,982 million SLC | +5.8% |
| 2008 | 818,846 million SLC | +61.2% |
| 2009 | 954,544 million SLC | +16.6% |
| 2010 | 1.20 million million SLC | +25.8% |
| 2011 | 1.26 million million SLC | +4.9% |
| 2012 | 1.41 million million SLC | +11.7% |
| 2013 | 1.47 million million SLC | +4.6% |
| 2014 | 1.63 million million SLC | +10.7% |
| 2015 | 1.87 million million SLC | +14.6% |
| 2016 | 1.66 million million SLC | -10.8% |
| 2017 | 1.68 million million SLC | +0.6% |
| 2018 | 2.01 million million SLC | +20.2% |
| 2019 | 2.33 million million SLC | +15.6% |
| 2020 | 2.24 million million SLC | -3.7% |
| 2021 | 2.36 million million SLC | +5.3% |
| 2022 | 2.85 million million SLC | +20.8% |
| 2023 | 2.70 million million SLC | -5.4% |
| 2024 | 2.77 million million SLC | +2.7% |
Niger compared with similar countries
- Niger's 2.77 million million SLC is above the median for low income countries, which is 2.25 million million SLC, 1.2× the median. (23 countries reporting)
- Niger's 2.77 million million SLC is above the median for Sub-Saharan Africa, which is 1.26 million million SLC, 2.2× the median. (45 countries reporting)
Biggest year-on-year movements
Years where Gross Fixed Capital Formation — Value Standard Local Currency in Niger changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 1975 | +103.9% | 21,189 million SLC | 43,202 million SLC |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 47,942 million SLC | 8,829 million SLC | 132,740 million SLC | 10 |
| 1980s | 127,441 million SLC | 64,745 million SLC | 192,885 million SLC | 10 |
| 1990s | 122,931 million SLC | 74,162 million SLC | 172,341 million SLC | 10 |
| 2000s | 443,544 million SLC | 207,601 million SLC | 954,544 million SLC | 10 |
| 2010s | 1.65 million million SLC | 1.20 million million SLC | 2.33 million million SLC | 10 |
| 2020s | 2.58 million million SLC | 2.24 million million SLC | 2.85 million million SLC | 5 |
Countries ranked near Niger
More economy & growth data for Niger
- Africa's Development Dynamics (AfDD) Table 04 - Annual real GDP 2.18 Percent per annum (2029)
- Africa's Development Dynamics (AfDD) Table 02 - Annual real GDP 5.97 Percent per annum (2029)
- SDRs holdings, US dollar, annual growth rate 18.74 % change on previous year (2025)
- SDRs holdings, US dollar, per unit of GDP 0.0158 units per US$ of GDP (2025)
- SDRs holdings, US dollar, per capita 12.21 units per person (2025)
- SDRs holdings, SDR, annual growth rate 13.08 % change on previous year (2025)
- SDRs holdings, SDR, per unit of GDP 0.0115 units per US$ of GDP (2025)
- SDRs holdings, SDR, per capita 8.92 units per person (2025)
- IMF holdings of currency, US dollar, annual growth rate 4.99 % change on previous year (2025)
- IMF holdings of currency, US dollar, per unit of GDP 0.0067 units per US$ of GDP (2025)
Frequently asked questions
- What is gross fixed capital formation — value standard local currency in Niger?
- Gross fixed capital formation — value standard local currency in Niger was 2.77 million million SLC in 2024, according to Food and Agriculture Organization of the United Nations.
- What is the highest gross fixed capital formation — value standard local currency recorded in Niger?
- The highest recorded value was 2.85 million million SLC in 2022.
- What is the lowest gross fixed capital formation — value standard local currency recorded in Niger?
- The lowest recorded value was 8,829 million SLC in 1970.
- How does Niger rank for gross fixed capital formation — value standard local currency?
- Niger ranks 54th out of 230 countries with data for 2024.
- Is gross fixed capital formation — value standard local currency rising or falling in Niger?
- Over the last ten years it is up 70.1%. The long-run trend across the full record is volatile.
- Where does this Niger data come from?
- The figures come from Food and Agriculture Organization of the United Nations, published as part of Gross Fixed Capital Formation — Value Standard Local Currency. Statizoid updates them automatically from the source API.
Download this data
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About this data
The FAOSTAT Macro Indicators database provides a selection of country-level macro indicators relating to total economy (Gross Domestic Product, Gross Fixed Capital Formation); agriculture activity; agriculture, forestry and fishing activity; total manufacturing activity; manufacturing of food products and beverages activity; manufacturing activity of tobacco products; and manufacturing activity of food, beverage and tobacco products.It releases time series for a selection of National Accounts variables, including gross domestic product, gross fixed capital formation, industry-level value added and gross output. The database also proposes additional indicators such as gross domestic product per capita, year-on-year growth rates and measures of industry contribution to gross domestic product. All data relating to Gross Domestic Product, Gross Fixed Capital Formation, agriculture, forestry and fishing activity, and to total manufacturing activity originates from the United Nations Statistics Division (UNSD) National Accounts Estimates of Main Aggregates database, which consists of a complete and consistent set of time series of the main National Accounts aggregates of all UN Members States and other territories in the world for which National Accounts information is available. The UNSD database's content is based on the countries' official National Accounts data reported to UNSD through the annual National Accounts Questionnaire, supplemented with data estimates for any years and countries with incomplete or inconsistent information (See http://unstats.un.org/unsd/snaama/Introduction.asp). Data series relating to the sub-industry Agriculture activity are obtained from the UNSD national accounts Official Country Data databases while series on the Manufacturing activity of food and beverages products, manufacturing activity of tobacco products and manufacturing activity of food, beverages and tobacco products originates from the United Nations Industrial Development Organization (UNIDO) INDSTAT2 database. In order to ensure that sub-industry series are consistent in levels with National Accounts based series, which is needed to support comparability across industries (agriculture vs. agro-industry and sub-industries), UNIDO originating series are rescaled on UNSD National Accounts Estimates of Main Aggregates data series (See Section 17.5 for a more detailed description of the data processing steps).