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Economy of Niger vs Switzerland compared: GDP & Debt

Updated on by Georank team

Niger has a GDP of $19.9B compared to $937B for Switzerland, ranking 130/197 and 20/197 by economy size, respectively.

Niger has $9.39B in government debt (47.2% of GDP), compared to $351B (37.5% of GDP) in Switzerland.

Niger vs Switzerland GDP by year

Niger
Switzerland
1x
Year GDP, current $
Niger Switzerland
2024 $19,876,128,486 $936,564,198,049
2023 $16,698,786,978 $894,424,821,645
2022 $15,433,852,712 $828,508,926,958
2021 $14,915,002,436 $815,309,330,987
2020 $13,744,653,103 $741,999,406,006
2019 $12,889,555,561 $721,369,112,727
2018 $12,837,307,497 $725,568,717,468
2017 $11,185,104,252 $695,200,833,086
2016 $10,398,861,982 $687,895,460,903
2015 $9,683,867,926 $694,118,186,380
2014 $10,862,943,544 $726,537,808,338
2013 $10,224,897,438 $706,234,937,371
2012 $9,426,912,648 $686,420,221,558
2011 $8,772,950,778 $715,888,126,682
2010 $7,851,192,502 $598,851,028,907
2009 $7,352,131,310 $554,212,916,092
2008 $7,297,600,226 $567,267,767,519
2007 $5,731,485,052 $490,740,715,595
2006 $4,756,361,252 $441,634,672,197
2005 $4,383,315,965 $418,284,865,885
2004 $3,760,443,738 $403,912,891,033
2003 $3,394,084,732 $362,075,086,508
2002 $2,782,192,879 $309,301,422,430
2001 $2,448,714,704 $286,582,672,434
2000 $2,241,753,193 $279,216,033,870
1999 $2,537,789,821 $297,873,643,323
1998 $2,643,363,519 $303,459,014,347
1997 $2,290,318,910 $294,788,198,856
1996 $2,405,686,940 $340,103,959,547
1995 $2,302,537,562 $352,835,806,342
1994 $1,938,058,175 $301,375,055,202
1993 $3,052,673,849 $272,237,527,071
1992 $3,386,232,579 $279,921,425,828
1991 $3,285,796,875 $268,901,693,863
1990 $3,512,356,508 $265,763,573,999
1989 $2,179,567,114 $208,105,846,934
1988 $2,280,356,193 $215,540,625,299
1987 $2,233,006,105 $199,236,370,038
1986 $1,904,096,998 $159,089,921,063
1985 $1,440,581,652 $110,980,314,192
1984 $1,461,243,326 $109,455,312,168
1983 $1,803,099,561 $114,634,358,535
1982 $2,017,612,216 $115,043,365,512
1981 $2,170,893,414 $112,244,805,519
1980 $2,508,524,721 $122,557,843,886
1979 $2,109,277,666 $114,970,094,425
1978 $1,774,365,590 $102,280,472,036
1977 $1,291,458,041 $73,135,771,167
1976 $1,064,517,601 $68,476,524,644
1975 $1,048,690,933 $65,466,081,819
1974 $1,026,137,111 $57,103,011,446
1973 $946,385,105 $49,550,006,320
1972 $742,779,661 $36,844,318,854
1971 $693,573,704 $30,040,171,751
1970 $649,916,621 $24,998,066,773
1969 $625,867,985 $22,442,043,274
1968 $641,214,226 $20,712,102,794
1967 $665,586,872 $19,397,044,714
1966 $702,296,079 $18,019,402,374
1965 $673,383,511 $16,780,226,225
1964 $582,816,396 $15,833,133,858
1963 $586,294,879 $14,283,872,299
1962 $531,736,599 $12,989,649,694
1961 $485,785,231 $11,713,348,834
1960 $449,526,873 $10,412,232,621

Data sources: World Bank | Economy & Growth (1960–2024, retrieved 2026-04-06).

GeoRank.org/economy/niger/switzerland | CC BY

GDP per capita in Niger vs Switzerland by year

Niger
GDP per capita

GDP per capita, PPP
Switzerland
GDP per capita

GDP per capita, PPP
1x
Year Current $
Niger Switzerland
GDP per capita GDP per capita, PPP GDP per capita GDP per capita, PPP
2024 $735 $2,050 $103,998 $96,498
2023 $638 $1,875 $100,624 $95,142
2022 $610 $1,840 $94,395 $94,421
2021 $609 $1,586 $93,665 $81,001
2020 $580 $1,497 $85,898 $72,998
2019 $562 $1,419 $84,122 $73,732
2018 $579 $1,276 $85,217 $70,689
2017 $522 $1,208 $82,254 $68,194
2016 $503 $1,189 $82,153 $67,351
2015 $486 $1,172 $83,806 $65,265
2014 $565 $1,161 $88,725 $63,417
2013 $552 $1,138 $87,304 $61,656
2012 $529 $1,162 $85,836 $59,441
2011 $511 $1,064 $90,477 $57,494
2010 $474 $1,058 $76,531 $54,426
2009 $461 $999 $71,568 $52,999
2008 $475 $1,010 $74,175 $53,809
2007 $387 $955 $64,989 $50,928
2006 $333 $935 $59,011 $46,266
2005 $319 $888 $56,243 $41,525
2004 $283.5 $832 $54,659 $40,171
2003 $265.2 $837 $49,336 $38,732
2002 $225.3 $832 $42,459 $38,705
2001 $205.4 $809 $39,639 $37,819
2000 $194.8 $764 $38,865 $36,703
1999 $228.3 $783 $41,696 $34,743
1998 $246.1 $801 $42,681 $33,860
1997 $220.6 $745 $41,584 $32,736
1996 $239.5 $746 $48,093 $31,509
1995 $237 $757 $50,114 $30,842
1994 $206.2 $748 $43,092 $30,265
1993 $335 $742 $39,237 $29,495
1992 $384 $746 $40,714 $29,113
1991 $384 $738 $39,544 $28,792
1990 $424 $739 $39,575 $28,461
1989 $271.3 - $31,309 -
1988 $292.6 - $32,690 -
1987 $295.3 - $30,441 -
1986 $259.6 - $24,460 -
1985 $202.4 - $17,152 -
1984 $211.5 - $16,991 -
1983 $268.8 - $17,859 -
1982 $310 - $18,000 -
1981 $343 - $17,665 -
1980 $409 - $19,394 -
1979 $354 - $18,266 -
1978 $307 - $16,282 -
1977 $229.8 - $11,644 -
1976 $194.8 - $10,865 -
1975 $197.2 - $10,328 -
1974 $198.3 - $9,005 -
1973 $187.9 - $7,856 -
1972 $151.4 - $5,885 -
1971 $145.2 - $4,835 -
1970 $139.8 - $4,044 -
1969 $138.3 - $3,657 -
1968 $145.6 - $3,413 -
1967 $155.4 - $3,237 -
1966 $168.6 - $3,045 -
1965 $166.3 - $2,865 -
1964 $148.1 - $2,735 -
1963 $153.3 - $2,508 -
1962 $143.2 - $2,330 -
1961 $134.6 - $2,155 -
1960 $128.3 - $1,954 -

Data sources: World Bank | Economy & Growth (1960–2024, retrieved 2026-04-06).

GeoRank.org/economy/niger/switzerland | CC BY

Niger's GDP per capita is $735, ranking 187/197, compared to $103,998 in Switzerland, ranking 5/197. Adjusted for purchasing power (GDP per capita PPP), Niger ranks 186th at $2,050, while Switzerland ranks 8th at $96,498.

Economic indicators

Niger Switzerland
Gross domestic product
$19.9B
2024
$937B
2024
GDP rank
130/197
2024
20/197
2024
GDP growth
10.3%
2023-2024
1.3%
2023-2024
GDP per capita
$735
2024
$103,998
2024
GDP per capita rank
187/197
2024
5/197
2024
GDP per capita, PPP
$2,050
2024
$96,498
2024
GDP per capita PPP rank
186/197
2024
8/197
2024
Government debt
$9.39B
2024
$351B
2024
Debt-to-GDP ratio
47.2%
2024
37.5%
2024
Government debt per person
$347
2024
$39,021
2024
Government debt per person rank
173/185
2024
15/185
2024
Average annual personal income after taxes
$1,163
2026
$85,867
2026
Market capitalization of domestic companies n/a
$1.97T
2024
Number of millionaires n/a
1,119,000
2025
Number of billionaires n/a
42
2025
Income share by richest 10%
27.8%
2021
26.6%
2022
Income share by poorest 10%
3.8%
2021
2.9%
2022
Government expenditure, % of GDP
13.4%
2024
31.9%
2024
Consumer prices inflation
9.07%
2023-2024
1.06%
2023-2024
Central bank interest rate n/a
0%
2025
Unemployment rate
0.4%
2022
4.34%
2024
Population
29080898
9107866

Spending and national debt comparison by year

Niger
Spending

Debt
Switzerland
Spending

Debt
1x
Year % of GDP
Niger Switzerland
Government spending Government debt Government spending Government debt
2024 13.4% 47.2% 31.9% 37.5%
2023 15.8% 51.8% 32.1% 38.7%
2022 21.6% 50.6% 31.6% 37.2%
2021 24.3% 51.3% 34.4% 41%
2020 22.4% 45% 37% 43.2%
2019 21.6% 39.8% 32% 39.6%
2018 21.2% 37% 31.7% 39.8%
2017 19.5% 36.5% 32.4% 41.8%
2016 19.4% 32.8% 32.4% 40.9%
2015 24.2% 29.9% 32.5% 42.2%
2014 23.6% 22.1% 32.2% 42.1%
2013 20.4% 19.6% 32.5% 41.9%
2012 16.6% 18.1% 31.7% 42.6%
2011 15.3% 14.7% 31.4% 41.9%
2010 14.3% 15.1% 31.4% 41.5%
2009 17.7% 15.9% 31.8% 43.1%
2008 16.9% 14.2% 30% 44.8%
2007 17.4% 17.8% 29.4% 44.8%
2006 15.2% 18.3% 30.5% 48.5%
2005 15.6% 49.5% 32.4% 54.9%
2004 16.1% 55% 33.1% 57.8%
2003 14% 60.6% 33.2% 56.9%
2002 14.4% 69% 34.1% 57.7%
2001 13.7% 74% 31.6% 51.1%
2000 13.5% 82.1% 32.2% 52.2%
1999 15% 63.3% 33.2% 52.7%
1998 13.6% 61.3% 32.7% 55.9%
1997 12.9% 69.1% 32.9% 53.7%
1996 10.9% 63.5% 33% 51.3%
1995 12.5% 69.4% 32.4% 50%
1994 - - 32.5% 47.1%
1993 - - 32.5% 44.4%
1992 - - 31.3% 39.5%
1991 - - 29.5% 35.1%
1990 - - 27.6% 33.3%
1989 - - 30% 32.5%
1988 - - 30.3% 35%
1987 - - 29.8% 36.5%
1986 - - 29.8% 37.6%
1985 - - 30.1% 39.1%
1984 - - 30.4% 39.8%
1983 - - 31.2% 40.2%
1982 - - 30.5% 40%
1981 - - 29.4% 40.8%
1980 - - 29.9% 43.9%
1979 - - 30.5% 44.6%
1978 - - 30.4% 46.6%
1977 - - 31% 46.9%
1976 - - 31.6% 46.7%
1975 - - 29.3% 42.3%
1974 - - 27.5% 38.4%
1973 - - 26.5% 37%
1972 - - 25.7% 38%
1971 - - 25.4% 38.7%
1970 - - 25.8% 38.9%
1969 - - 9.45% 7.08%
1968 - - 8.87% 6.99%
1967 - - 8.68% 7.26%
1966 - - 8.95% 7.62%
1965 - - 8.33% 8.28%
1964 - - 8.85% 9.43%
1963 - - 8.2% 10.8%
1962 - - 8.1% 12%
1961 - - 7.97% 14%
1960 - - 7.11% 16.2%

Data sources: International Monetary Fund (IMF) | Fiscal Monitor (1990–2024, retrieved 2026-02-20); International Monetary Fund (IMF) | Public Finances in Modern History (1960–1989, retrieved 2026-02-20).

GeoRank.org/economy/niger/switzerland | CC BY

In 2024, Niger's government spending was $2.67B, accounting for 13.4% of its GDP, while Switzerland spent $299B, or 31.9% of GDP.

Debt-to-GDP ratio is 47.2% in Niger and 37.5% in Switzerland, ranking 114/185 and 141/185, respectively.

Government deficit by year

Deficit/surplus
Niger

Switzerland
1x
Year Deficit/surplus, % of GDP
Niger Switzerland
2024 -4.27% 0.58%
2023 -5.37% 0.12%
2022 -6.77% 1.19%
2021 -6.1% -0.29%
2020 -4.82% -3.01%
2019 -3.56% 1.34%
2018 -3.01% 1.29%
2017 -4.12% 1.13%
2016 -4.46% 0.24%
2015 -6.75% 0.55%
2014 -6.12% -0.25%
2013 -1.93% -0.43%
2012 -0.83% 0.24%
2011 -2.19% 0.68%
2010 -0.99% 0.35%
2009 -3.93% 0.5%
2008 1.11% 1.93%
2007 -0.75% 1.57%
2006 31% 0.85%
2005 -1.53% -0.65%
2004 -2.76% -1.39%
2003 -2.17% -1.36%
2002 -2.21% -1.75%
2001 -2.59% 0.21%
2000 -2.83% 0.28%
1999 -4.27% -1.57%
1998 -2.23% -1.31%
1997 -2.39% -2.33%
1996 -0.36% -2.01%
1995 -3.19% -1.86%
1994 - -2.59%
1993 - -3.15%
1992 - -2.96%
1991 - -1.85%
1990 - -0.05%
1989 - 0.2%
1988 - 0.42%
1987 - 0.78%
1986 - 0.93%
1985 - -0.25%
1984 - -0.52%
1983 - -1.23%
1982 - -1.21%
1981 - -0.54%
1980 - -1.34%
1979 - -1.79%
1978 - -1.12%
1977 - -1.64%
1976 - -1.89%
1975 - -0.93%
1974 - -1.01%
1973 - -0.93%
1972 - -1.39%
1971 - -1.41%
1970 - -1.44%
1969 - -0.98%
1968 - -0.73%
1967 - -1.07%
1966 - -0.87%
1965 - 0.05%
1964 - 0.77%
1963 - 0.25%
1962 - 0.95%
1961 - 0.34%
1960 - 1.95%
1959 - 0.72%
1958 - 0.59%
1957 - 0.66%
1956 - 2.24%
1955 - 1.1%
1954 - 1.44%
1953 - 0.38%
1952 - -1.17%
1951 - -0.36%
1950 - 1.49%
1949 - 0.04%
1948 - 1.37%
1947 - 1.27%
1946 - 0.52%
1945 - -7.57%
1944 - -9.37%
1943 - -8.55%
1942 - -7.28%
1941 - -8.78%
1940 - -10%
1939 - -5.05%
1938 - -1.53%
1937 - -0.17%
1936 - -0.33%
1935 - -0.23%
1934 - -0.33%
1933 - -0.88%
1932 - -0.3%
1931 - 0.03%
1930 - 0.07%
1929 - 0.22%
1928 - -
1927 - -
1926 - -
1925 - -
1924 - -
1923 - -
1922 - -
1921 - -
1920 - -
1919 - -
1918 - -
1917 - -
1916 - -
1915 - -
1914 - -
1913 - -0.12%
1912 - 0.03%
1911 - -0.006%
1910 - -0.14%
1909 - -0.78%
1908 - -0.1%
1907 - -0.02%
1906 - 0.15%
1905 - 0.41%
1904 - 0.002%
1903 - 0.09%
1902 - 0.02%
1901 - -0.14%
1900 - -0.07%
1899 - 0.1%

Data sources: International Monetary Fund (IMF) | Public Finances in Modern History (1899–1989, retrieved 2026-02-20); International Monetary Fund (IMF) | Fiscal Monitor (1990–2024, retrieved 2026-02-20).

GeoRank.org/economy/niger/switzerland | CC BY

In 2024, Niger's government deficit, the difference between spending and revenue, was $848M, equivalent to 4.27% of GDP. This compares to Switzerland's surplus of $5.4B, or 0.58% of GDP.

Over the past 30 years, Niger recorded a fiscal deficit in 28 of those years, while Switzerland ran a deficit in 13 years. On average, Niger posted an annual deficit equal to 2.01% of GDP, compared to deficit of 0.17% of GDP for Switzerland.

Inflation comparison by year

Inflation
Niger

Switzerland
1x
Year Consumer prices inflation
Niger Switzerland
2024 9.07% 1.06%
2023 3.7% 2.14%
2022 4.23% 2.84%
2021 3.84% 0.58%
2020 2.9% -0.73%
2019 -2.49% 0.36%
2018 2.97% 0.94%
2017 2.8% 0.53%
2016 1.65% -0.43%
2015 -0.58% -1.14%
2014 -0.93% -0.01%
2013 2.3% -0.22%
2012 0.46% -0.69%
2011 2.94% 0.23%
2010 0.8% 0.69%
2009 0.58% -0.48%
2008 11.3% 2.43%
2007 0.05% 0.73%
2006 0.04% 1.06%
2005 7.8% 1.17%
2004 0.26% 0.8%
2003 -1.61% 0.64%
2002 2.63% 0.64%
2001 4.01% 0.99%
2000 2.9% 1.56%
1999 -2.3% 0.81%
1998 4.55% 0.02%
1997 2.93% 0.52%

Data sources: World Bank | Economy & Growth (1997–2024, retrieved 2026-04-06).

GeoRank.org/economy/niger/switzerland | CC BY

Over the past 28 years, Niger has recorded an average annual inflation rate of 2.39%, compared with 0.61% in Switzerland. In 2024, inflation was 9.07% in Niger and 1.06% in Switzerland.

Top exports between countries

Niger
Export category Export value
Machinery & equipment $386K
Chemicals & pharma $177K
Raw materials & minerals $19K
Textiles & consumer goods $7K
Miscellaneous $2K
Switzerland
Export category Export value
Machinery & equipment $2.5M
Chemicals & pharma $1.2M
Textiles & consumer goods $211K
Raw materials & minerals $76K
Wood & paper products $10K
Precious metals & jewellery $5K
Miscellaneous $1K
Processed food, beverages & tobacco $1K

Balance of trade

Niger Switzerland
Current account balance
-$2.33B
2023
$72B
2024
Current account balance ranking
146/190
2023
10/190
2024
Current account balance, % of GDP
-14%
2023
+7.69%
2024
Goods imports
$2.59B
2023
$371B
2024
Goods exports
$992M
2023
$502B
2024
Service imports
$1.22B
2023
$203B
2024
Service exports
$231M
2023
$186B
2024
Imports of goods and services, % of GDP
22.7%
2024
61.9%
2024
Exports of goods and services, % of GDP
27.3%
2024
72.2%
2024

Economic freedom indices

The indices of economic freedom below are issued by the Heritage Foundation. Higher scores indicate stronger economic health.

Niger Switzerland
Economic freedom 51 83.7
Economic freedom ranking 156/197 2/197
Property rights 16.6 94.4
Government integrity 33.9 93.3
Judicial effectiveness 28 98.3
Tax burden 78.2 70.9
Government spending 91.4 69.5
Fiscal health 47.6 97.2
Business freedom 32.4 86.3
Labor freedom 54.7 60
Monetary freedom 67.9 82.3
Trade freedom 65.8 87
Investment freedom 55 85
Financial freedom 40 80

Economic freedom comparison by year

Niger
Switzerland
1x
Year Economic freedom index
Niger Switzerland
2026 51 83.7
2025 51.5 83.7
2024 52.3 83
2023 53.7 83.8
2022 54.9 84.2
2021 57.3 81.9
2020 54.7 82
2019 51.6 81.9
2018 49.5 81.7
2017 50.8 81.5
2016 54.3 81
2015 54.6 80.5
2014 55.1 81.6
2013 53.9 81
2012 54.3 81.1
2011 54.3 81.9
2010 52.9 81.1
2009 53.8 79.4
2008 52.9 79.5
2007 53.2 78
2006 52.5 78.9
2005 54.1 79.3
2004 54.6 79.5
2003 54.2 79
2002 48.2 79.3
2001 48.9 76
2000 45.9 76.8
1999 48.6 79.1
1998 47.5 79
1997 46.6 78.6
1996 45.8 76.8

Data sources: The Heritage Foundation | Economic Freedom Index (1996–2026, retrieved 2026-03-09).

GeoRank.org/economy/niger/switzerland | CC BY

The Economic Freedom Index for Niger is 51, ranking 156/197, compared to 83.7 for Switzerland, ranking 2/197. The chart above displays a comparison of annual changes in economic freedom indexes.

Other economic metrics

Niger Switzerland
Services, % of GDP
45%
2024
72%
2024
Industry, % of GDP
17.6%
2024
24.7%
2024
Agriculture, forestry, and fishing, % of GDP
34.5%
2024
0.63%
2024
GNI, Atlas method
$18.3B
2024
$857B
2024
GNI per capita, PPP
$2,030
2024
$93,420
2024
Total reserves including gold n/a
$909B
2024
Total reserves ranking n/a
4/177
2024
Net foreign direct investment
-$1.02B
2023
$59.7B
2024
Net inflows of foreign direct investment
$358M
2024
-$108B
2024
Net outflows of foreign direct investment
$20.7M
2024
-$27.9B
2024
Servicing debt to the IMF, % of GNI
1.94%
2024
n/a
Poverty at national poverty lines
41.2%
2021
15.8%
2021
Gross capital formation, % of GDP
22.1%
2024
27%
2024

GDP per capita map

1x

Data sources: World Bank | Economy & Growth (1985–2024, retrieved 2026-04-06); U.S. Census Bureau (1985–2024, retrieved 2026-02-08).

GeoRank.org/economy/niger/switzerland | CC BY

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Data sources:

  1. World Bank | Economy & Growth (1960–2024, retrieved 2026-04-06)
  2. International Monetary Fund (IMF) | Fiscal Monitor (1990–2024, retrieved 2026-02-20)
  3. International Monetary Fund (IMF) | Public Finances in Modern History (1899–1989, retrieved 2026-02-20)
  4. The Heritage Foundation | Economic Freedom Index (1996–2026, retrieved 2026-03-09)
  5. U.S. Census Bureau (1985–2024, retrieved 2026-02-08)
  6. TradeMap (2021–2024, retrieved 2026-02-08)
  7. United Nations | World Population Prospects (2026, retrieved 2026-03-10)
  8. LivingCost (2026, retrieved 2025-10-14)

Creative Commons Attribution (CC BY) — you’re free to copy, share, remix, adapt, and use even commercially as long as you give appropriate credit and clearly indicate if you made changes. Other sources may be subject to different license terms.

The current account balance is the sum of net trade in goods and services, net earnings from cross-border investments, and net transfer payments. It reflects a country's economic transactions with the rest of the world and is a fundamental component of the balance of payments. A surplus indicates that a country exports more than it imports, while a deficit shows the opposite.

Gross National Income (GNI) measures a country's total income. It encompasses income earned by residents, businesses, and foreign sources, defined as employee compensation and investment profits. GNI adds product taxes not included elsewhere and subtracts subsidies. It accounts for income from residents working abroad but excludes earnings from foreigners within the country.

A negative value for Net Foreign Direct Investment indicates a country is a net receiver of investments, as foreign inflows exceed outflows after Balance of Payments adjustments. A positive value indicates a net provider, with outflows exceeding inflows. Inflows are credits (increasing foreign claims on domestic assets), while outflows are debits (increasing domestic assets abroad).

Foreign direct investment (FDI, net inflows) shows how much capital foreign investors bring into a country after accounting for any funds that flow back in the opposite direction. It represents the net value of overseas companies establishing, expanding, or financing businesses in the reporting country. A positive number means more capital entered the country than was withdrawn, while a negative number means foreign investors pulled out more than they invested.

Foreign direct investment (FDI, net outflows) shows how much capital residents of a country invest abroad after accounting for any funds that flow back in the opposite direction. It represents the net value of domestic companies establishing, expanding, or financing businesses in other countries. A positive number means more capital was invested abroad than withdrawn, while a negative number means residents pulled back more than they invested.

Principal and interest payments to the IMF in currency, goods, or services on long-term debt expressed as a share of GNI.

Formerly gross domestic investment, gross capital formation measures the share of a country’s economic output invested in fixed assets, including buildings, machinery, and infrastructure. It indicates how much of the economy is devoted to building productive capacity.