Gross savings in Niger
Niger: Gross savings was 17.5% in 2024. ▲ Rising
Gross savings in Niger, 1974–2024
Source: Country official statistics, National Statistical Offices (NSOs). Measured in % of GDP.
Analysis
The most recent figure for gross savings in Niger is 17.5%, measured in 2024.
Compared with earlier readings it is up 0.5% on the previous year and down 30.1% over ten years.
Over the whole period, gross savings in Niger peaked at 28.9% in 2019 and was at its lowest, 2.4%, in 1984.
Niger ranks 118th of 177 countries on this measure, in the middle of the range.
The long-run direction has been consistently rising across the 51 years of available data.
Gross savings in Niger, year by year
| Year | % of GDP | Change |
|---|---|---|
| 1974 | 5.4% | — |
| 1975 | 7.7% | +43.5% |
| 1976 | 10.3% | +33.1% |
| 1977 | 14.0% | +36.0% |
| 1978 | 20.7% | +47.8% |
| 1979 | 19.1% | -7.8% |
| 1980 | 17.1% | -10.4% |
| 1981 | 10.1% | -41.3% |
| 1982 | 6.7% | -33.3% |
| 1983 | 9.0% | +34.1% |
| 1984 | 2.4% | -73.5% |
| 1985 | 8.3% | +248.5% |
| 1986 | 9.9% | +19.2% |
| 1987 | 4.4% | -56.0% |
| 1988 | 13.3% | +205.2% |
| 1989 | 6.8% | -48.8% |
| 1990 | 6.9% | +0.9% |
| 1991 | 8.2% | +19.8% |
| 1992 | 6.1% | -26.0% |
| 1993 | 5.5% | -10.6% |
| 1994 | 9.5% | +74.9% |
| 1995 | 8.5% | -10.8% |
| 1996 | 13.6% | +59.3% |
| 1997 | 11.5% | -14.9% |
| 1998 | 13.4% | +16.5% |
| 1999 | 10.6% | -21.4% |
| 2000 | 13.4% | +27.3% |
| 2001 | 15.3% | +13.4% |
| 2002 | 14.6% | -4.3% |
| 2003 | 14.0% | -4.0% |
| 2004 | 13.0% | -7.4% |
| 2005 | 20.2% | +55.9% |
| 2006 | 20.7% | +2.2% |
| 2007 | 18.6% | -9.8% |
| 2008 | 21.7% | +16.4% |
| 2009 | 16.5% | -24.1% |
| 2010 | 24.3% | +47.5% |
| 2011 | 22.2% | -8.7% |
| 2012 | 23.3% | +5.1% |
| 2013 | 24.2% | +3.8% |
| 2014 | 25.0% | +3.2% |
| 2015 | 24.2% | -3.2% |
| 2016 | 23.5% | -2.8% |
| 2017 | 23.9% | +1.6% |
| 2018 | 26.8% | +12.1% |
| 2019 | 28.9% | +8.1% |
| 2020 | 19.8% | -31.5% |
| 2021 | 18.8% | -5.3% |
| 2022 | 19.0% | +1.0% |
| 2023 | 17.4% | -8.3% |
| 2024 | 17.5% | +0.5% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 12.9% | 5.4% | 20.7% | 6 |
| 1980s | 8.8% | 2.4% | 17.1% | 10 |
| 1990s | 9.4% | 5.5% | 13.6% | 10 |
| 2000s | 16.8% | 13.0% | 21.7% | 10 |
| 2010s | 24.6% | 22.2% | 28.9% | 10 |
| 2020s | 18.5% | 17.4% | 19.8% | 5 |
Countries ranked near Niger
- 115 Lao People's Democratic Republic 17.6% compare
- 116 Madagascar 17.5% compare
- 117 Guyana 17.5% compare
- 119 United Kingdom of Great Britain and Northern Ireland 17.2% compare
- 120 Côte d'Ivoire 17.2% compare
- 121 Poland 17.1% compare
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)
- Services, value added (current US$), annual growth rate 5.79 % change on previous year (2025)
- Services, value added (current US$), per unit of GDP 0.3109 current US$ per US$ of GDP (2025)
- Services, value added (current US$), per capita 241.09 current US$ per person (2025)
- Services, value added (current LCU), annual growth rate 1.53 % change on previous year (2025)
- Services, value added (current LCU), per unit of GDP 180.94 current LCU per US$ of GDP (2025)
- Services, value added (current LCU), per capita 140,296 current LCU per person (2025)
- Services, value added (constant 2015 US$), annual growth rate 8.86 % change on previous year (2025)
- Services, value added (constant 2015 US$), per unit of GDP 0.2625 constant 2015 US$ per US$ of GDP (2025)
Frequently asked questions
- What is gross savings in Niger?
- Gross savings in Niger was 17.5% in 2024, according to Country official statistics, National Statistical Offices (NSOs).
- What is the highest gross savings recorded in Niger?
- The highest recorded value was 28.9% in 2019.
- What is the lowest gross savings recorded in Niger?
- The lowest recorded value was 2.4% in 1984.
- How does Niger rank for gross savings?
- Niger ranks 118th out of 177 countries with data for 2024.
- Is gross savings rising or falling in Niger?
- Over the last ten years it is down 30.1%. The long-run trend across the full record is rising.
- Where does this Niger data come from?
- The figures come from Country official statistics, National Statistical Offices (NSOs), published as part of Gross savings (% of GDP). Statizoid updates them automatically from the source API.
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About this data
Savings is an amount that represents the part of disposable income (adjusted for the change in pension entitlements) that is not spent on final consumption. Gross savings are calculated as gross national income less total consumption, plus net transfers. This indicator is expressed as a percentage of Gross Domestic Product (GDP) which is the total income earned through the production of goods and services in an economic territory during an accounting period.