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Economy of Niger vs Thailand compared: GDP & Debt

Updated on by Georank team

Niger has a GDP of $19.9B compared to $527B for Thailand, ranking 130/197 and 31/197 by economy size, respectively.

Niger has $9.39B in government debt (47.2% of GDP), compared to $333B (63.2% of GDP) in Thailand.

Niger vs Thailand GDP by year

Niger
Thailand
1x
Year GDP, current $
Niger Thailand
2024 $19,876,128,486 $526,517,658,842
2023 $16,698,786,978 $515,906,283,941
2022 $15,433,852,712 $495,644,697,588
2021 $14,915,002,436 $506,194,668,790
2020 $13,744,653,103 $500,461,898,480
2019 $12,889,555,561 $543,976,691,794
2018 $12,837,307,497 $506,754,208,404
2017 $11,185,104,252 $456,356,813,537
2016 $10,398,861,982 $413,366,349,748
2015 $9,683,867,926 $401,296,238,228
2014 $10,862,943,544 $407,339,040,198
2013 $10,224,897,438 $420,333,654,593
2012 $9,426,912,648 $397,558,325,279
2011 $8,772,950,778 $370,818,739,624
2010 $7,851,192,502 $341,104,766,329
2009 $7,352,131,310 $281,710,630,187
2008 $7,297,600,226 $291,382,982,431
2007 $5,731,485,052 $262,942,621,455
2006 $4,756,361,252 $221,758,296,022
2005 $4,383,315,965 $189,318,408,469
2004 $3,760,443,738 $172,895,685,155
2003 $3,394,084,732 $152,280,615,246
2002 $2,782,192,879 $134,300,904,400
2001 $2,448,714,704 $120,296,476,180
2000 $2,241,753,193 $126,392,224,254
1999 $2,537,789,821 $126,669,211,779
1998 $2,643,363,519 $113,675,596,788
1997 $2,290,318,910 $150,180,456,566
1996 $2,405,686,940 $183,035,237,429
1995 $2,302,537,562 $169,278,916,593
1994 $1,938,058,175 $146,683,778,959
1993 $3,052,673,849 $128,889,262,951
1992 $3,386,232,579 $111,452,746,518
1991 $3,285,796,875 $98,234,714,971
1990 $3,512,356,508 $85,343,190,719
1989 $2,179,567,114 $72,250,748,100
1988 $2,280,356,193 $61,667,253,471
1987 $2,233,006,105 $50,535,446,555
1986 $1,904,096,998 $43,096,773,981
1985 $1,440,581,652 $38,900,711,333
1984 $1,461,243,326 $41,797,647,776
1983 $1,803,099,561 $40,042,798,388
1982 $2,017,612,216 $36,589,772,404
1981 $2,170,893,414 $34,846,039,194
1980 $2,508,524,721 $32,353,514,989
1979 $2,109,277,666 $27,371,650,825
1978 $1,774,365,590 $24,006,566,637
1977 $1,291,458,041 $19,779,312,261
1976 $1,064,517,601 $16,985,208,648
1975 $1,048,690,933 $14,882,770,594
1974 $1,026,137,111 $13,702,998,512
1973 $946,385,105 $10,838,587,358
1972 $742,779,661 $8,177,873,151
1971 $693,573,704 $7,375,000,024
1970 $649,916,621 $7,086,538,438
1969 $625,867,985 $6,695,336,567
1968 $641,214,226 $6,081,009,428
1967 $665,586,872 $5,638,461,442
1966 $702,296,079 $5,279,230,817
1965 $673,383,511 $4,388,937,649
1964 $582,816,396 $3,889,129,942
1963 $586,294,879 $3,540,403,457
1962 $531,736,599 $3,308,912,797
1961 $485,785,231 $3,034,037,811
1960 $449,526,873 $2,760,750,861

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

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

GDP per capita in Niger vs Thailand by year

Niger
GDP per capita

GDP per capita, PPP
Thailand
GDP per capita

GDP per capita, PPP
1x
Year Current $
Niger Thailand
GDP per capita GDP per capita, PPP GDP per capita GDP per capita, PPP
2024 $735 $2,050 $7,347 $24,712
2023 $638 $1,875 $7,195 $23,519
2022 $610 $1,840 $6,909 $22,243
2021 $609 $1,586 $7,057 $20,243
2020 $580 $1,497 $6,986 $19,164
2019 $562 $1,419 $7,606 $19,963
2018 $579 $1,276 $7,100 $18,876
2017 $522 $1,208 $6,413 $17,573
2016 $503 $1,189 $5,834 $16,671
2015 $486 $1,172 $5,689 $15,791
2014 $565 $1,161 $5,801 $15,365
2013 $552 $1,138 $6,018 $15,216
2012 $529 $1,162 $5,726 $14,617
2011 $511 $1,064 $5,374 $13,227
2010 $474 $1,058 $4,974 $12,932
2009 $461 $999 $4,135 $11,964
2008 $475 $1,010 $4,309 $12,062
2007 $387 $955 $3,919 $11,723
2006 $333 $935 $3,331 $10,912
2005 $319 $888 $2,868 $10,169
2004 $283.5 $832 $2,642 $9,545
2003 $265.2 $837 $2,348 $8,824
2002 $225.3 $832 $2,090 $8,148
2001 $205.4 $809 $1,890 $7,632
2000 $194.8 $764 $2,006 $7,289
1999 $228.3 $783 $2,033 $6,901
1998 $246.1 $801 $1,848 $6,590
1997 $220.6 $745 $2,473 $7,148
1996 $239.5 $746 $3,055 $7,322
1995 $237 $757 $2,864 $6,901
1994 $206.2 $748 $2,518 $6,341
1993 $335 $742 $2,245 $5,834
1992 $384 $746 $1,972 $5,347
1991 $384 $738 $1,766 $4,914
1990 $424 $739 $1,559 $4,451
1989 $271.3 - $1,342 -
1988 $292.6 - $1,164 -
1987 $295.3 - $970 -
1986 $259.6 - $842 -
1985 $202.4 - $774 -
1984 $211.5 - $847 -
1983 $268.8 - $827 -
1982 $310 - $770 -
1981 $343 - $748 -
1980 $409 - $709 -
1979 $354 - $612 -
1978 $307 - $548 -
1977 $229.8 - $462 -
1976 $194.8 - $405 -
1975 $197.2 - $364 -
1974 $198.3 - $343 -
1973 $187.9 - $278.3 -
1972 $151.4 - $215.6 -
1971 $145.2 - $199.7 -
1970 $139.8 - $197.1 -
1969 $138.3 - $191.4 -
1968 $145.6 - $178.8 -
1967 $155.4 - $170.7 -
1966 $168.6 - $164.5 -
1965 $166.3 - $140.9 -
1964 $148.1 - $128.6 -
1963 $153.3 - $120.7 -
1962 $143.2 - $116.2 -
1961 $134.6 - $109.7 -
1960 $128.3 - $102.8 -

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

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

Niger's GDP per capita is $735, ranking 187/197, compared to $7,347 in Thailand, ranking 100/197. Adjusted for purchasing power (GDP per capita PPP), Niger ranks 186th at $2,050, while Thailand ranks 85th at $24,712.

Economic indicators

Niger Thailand
Gross domestic product
$19.9B
2024
$527B
2024
GDP rank
130/197
2024
31/197
2024
GDP growth
10.3%
2023-2024
2.54%
2023-2024
GDP per capita
$735
2024
$7,347
2024
GDP per capita rank
187/197
2024
100/197
2024
GDP per capita, PPP
$2,050
2024
$24,712
2024
GDP per capita PPP rank
186/197
2024
85/197
2024
Government debt
$9.39B
2024
$333B
2024
Debt-to-GDP ratio
47.2%
2024
63.2%
2024
Government debt per person
$347
2024
$4,643
2024
Government debt per person rank
173/185
2024
84/185
2024
Average annual personal income after taxes
$1,163
2026
$6,733
2026
Market capitalization of domestic companies n/a
$520B
2024
Number of millionaires n/a
100,001
2025
Number of billionaires n/a
25
2025
Income share by richest 10%
27.8%
2021
26.1%
2023
Income share by poorest 10%
3.8%
2021
3.4%
2023
Government expenditure, % of GDP
13.4%
2024
22.7%
2024
Consumer prices inflation
9.07%
2023-2024
1.37%
2023-2024
Central bank interest rate n/a
1.5%
2025
Unemployment rate
0.4%
2022
0.78%
2024
Population
29080898
71571743

Spending and national debt comparison by year

Niger
Spending

Debt
Thailand
Spending

Debt
1x
Year % of GDP
Niger Thailand
Government spending Government debt Government spending Government debt
2024 13.4% 47.2% 22.7% 63.2%
2023 15.8% 51.8% 22.8% 62.3%
2022 21.6% 50.6% 24.7% 60.5%
2021 24.3% 51.3% 26.8% 58.3%
2020 22.4% 45% 24.9% 49.4%
2019 21.6% 39.8% 20.6% 41.1%
2018 21.2% 37% 21.2% 41.9%
2017 19.5% 36.5% 21.5% 41.8%
2016 19.4% 32.8% 21.4% 41.7%
2015 24.2% 29.9% 22.3% 42.6%
2014 23.6% 22.1% 22.2% 43.3%
2013 20.4% 19.6% 21.6% 42.2%
2012 16.6% 18.1% 22.3% 41.9%
2011 15.3% 14.7% 21.1% 39.1%
2010 14.3% 15.1% 22% 39.8%
2009 17.7% 15.9% 21.7% 42.4%
2008 16.9% 14.2% 19.2% 34.9%
2007 17.4% 17.8% 20% 36%
2006 15.2% 18.3% 18.7% 39.2%
2005 15.6% 49.5% 19.6% 45.5%
2004 16.1% 55% 19.3% 46.3%
2003 14% 60.6% 18.3% 47.5%
2002 14.4% 69% 25.7% 54.9%
2001 13.7% 74% 20.8% 57.5%
2000 13.5% 82.1% 19.3% 57.8%
1999 15% 63.3% 26.5% 56.6%
1998 13.6% 61.3% 23.9% 49.9%
1997 12.9% 69.1% 21.6% 40.5%
1996 10.9% 63.5% 18% 15.2%
1995 12.5% 69.4% 17.2% 5.12%
1994 - - 16% 6.69%
1993 - - 18.8% 9.14%
1992 - - 17.8% 11.4%
1991 - - 17% 14.1%
1990 - - 16.6% 18%
1989 - - 16.5% 23.7%
1988 - - 15.1% 30.3%
1987 - - 17.5% 38.8%
1986 - - 19.5% 40.1%
1985 - - 20.5% 36.8%
1984 - - 19.3% 30.6%
1983 - - 19.5% 28.9%
1982 - - 20.2% 27.1%
1981 - - 19.1% 24.4%
1980 - - 18.7% 22.1%
1979 - - 16.9% 23.7%
1978 - - 16.6% 22.8%
1977 - - 16.1% 22.4%
1976 - - 15.6% 22%
1975 - - 14.2% 15.8%
1974 - - 13.2% 16.3%
1973 - - 15.9% 21.2%
1972 - - 18.5% 26.8%
1971 - - 18.8% 21.5%
1970 - - 17.6% 18.5%
1969 - - 15.9% 17.7%
1968 - - 16% 15.5%
1967 - - 15.5% 15%
1966 - - 14.7% 14.4%
1965 - - 14.7% 14.8%
1964 - - 13.3% 13.3%
1963 - - 12% 12.6%
1962 - - 11.9% 13.4%
1961 - - 9.58% 12.9%
1960 - - 12.1% 14.3%

Data sources: International Monetary Fund (IMF) | Fiscal Monitor (1995–2024, retrieved 2026-02-20); International Monetary Fund (IMF) | Public Finances in Modern History (1960–1995, retrieved 2026-02-20).

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

In 2024, Niger's government spending was $2.67B, accounting for 13.4% of its GDP, while Thailand spent $120B, or 22.7% of GDP.

Debt-to-GDP ratio is 47.2% in Niger and 63.2% in Thailand, ranking 114/185 and 74/185, respectively.

Government deficit by year

Deficit/surplus
Niger

Thailand
1x
Year Deficit/surplus, % of GDP
Niger Thailand
2024 -4.27% -1.29%
2023 -5.37% -1.98%
2022 -6.77% -4.61%
2021 -6.1% -6.74%
2020 -4.82% -4.47%
2019 -3.56% 0.43%
2018 -3.01% 0.2%
2017 -4.12% -0.42%
2016 -4.46% 0.41%
2015 -6.75% 0.19%
2014 -6.12% -0.7%
2013 -1.93% 0.6%
2012 -0.83% -0.86%
2011 -2.19% 0.09%
2010 -0.99% -1.07%
2009 -3.93% -2.21%
2008 1.11% 0.8%
2007 -0.75% 0.22%
2006 31% 1.87%
2005 -1.53% 2.17%
2004 -2.76% 1.11%
2003 -2.17% 1.98%
2002 -2.21% -6.72%
2001 -2.59% -1.77%
2000 -2.83% -1.79%
1999 -4.27% -9.02%
1998 -2.23% -6.29%
1997 -2.39% -1.68%
1996 -0.36% 2.75%
1995 -3.19% 3.05%
1994 - 2.78%
1993 - 6.67%
1992 - -0.18%
1991 - 1.6%
1990 - 1.41%
1989 - 0.16%
1988 - 0.58%
1987 - -2.38%
1986 - -4.32%
1985 - -5.11%
1984 - -3.85%
1983 - -4.02%
1982 - -6.18%
1981 - -4.07%
1980 - -4.41%
1979 - -3.62%
1978 - -3.31%
1977 - -2.91%
1976 - -3.35%
1975 - -1.73%
1974 - 1.29%
1973 - -2.7%
1972 - -4.81%
1971 - -5.47%
1970 - -3.73%
1969 - -2.53%
1968 - -2.79%
1967 - -2.1%
1966 - -1.13%
1965 - -1.05%
1964 - -1.01%
1963 - -0.81%
1962 - -0.27%
1961 - 0.05%
1960 - 0.48%
1959 - -1.15%
1958 - -0.91%
1957 - -1.31%
1956 - -1.38%
1955 - -1.65%
1954 - -3.46%
1953 - -3.56%
1952 - -2.4%
1951 - -3.54%
1950 - -0.7%
1949 - 0.7%
1948 - -0.1%

Data sources: International Monetary Fund (IMF) | Fiscal Monitor (1995–2024, retrieved 2026-02-20); International Monetary Fund (IMF) | Public Finances in Modern History (1948–1994, retrieved 2026-02-20).

GeoRank.org/economy/niger/thailand | 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 Thailand's deficit of $6.81B, or 1.29% of GDP.

Over the past 30 years, Niger recorded a fiscal deficit in 28 of those years, while Thailand ran a deficit in 16 years. On average, Niger posted an annual deficit equal to 2.01% of GDP, compared to deficit of 1.19% of GDP for Thailand.

Inflation comparison by year

Inflation
Niger

Thailand
1x
Year Consumer prices inflation
Niger Thailand
2024 9.07% 1.37%
2023 3.7% 8.48%
2022 4.23% -1.61%
2021 3.84% 1.23%
2020 2.9% -0.85%
2019 -2.49% 0.71%
2018 2.97% 1.06%
2017 2.8% 0.67%
2016 1.65% 0.19%
2015 -0.58% -0.9%
2014 -0.93% 1.9%
2013 2.3% 2.18%
2012 0.46% 3.01%
2011 2.94% 3.81%
2010 0.8% 3.25%
2009 0.58% -0.85%
2008 11.3% 5.47%
2007 0.05% 2.24%
2006 0.04% 4.64%
2005 7.8% 4.54%
2004 0.26% 2.76%
2003 -1.61% 1.8%
2002 2.63% 0.7%
2001 4.01% 1.63%
2000 2.9% 1.59%
1999 -2.3% 0.28%
1998 4.55% 7.99%
1997 2.93% 5.63%

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

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

Over the past 28 years, Niger has recorded an average annual inflation rate of 2.39%, compared with 2.25% in Thailand. In 2024, inflation was 9.07% in Niger and 1.37% in Thailand.

Top exports between countries

Niger
Export category Export value
Thailand
Export category Export value
Raw agricultural goods $9.96M
Machinery & equipment $1.81M
Chemicals & pharma $1.62M
Raw materials & minerals $1.19M
Wood & paper products $719K
Processed food, beverages & tobacco $129K
Textiles & consumer goods $96K
Metals $40K

Balance of trade

Niger Thailand
Current account balance
-$2.33B
2023
$11.6B
2024
Current account balance ranking
146/190
2023
23/190
2024
Current account balance, % of GDP
-14%
2023
+2.21%
2024
Goods imports
$2.59B
2023
$276B
2024
Goods exports
$992M
2023
$297B
2024
Service imports
$1.22B
2023
$74B
2024
Service exports
$231M
2023
$71.9B
2024
Imports of goods and services, % of GDP
22.7%
2024
66.7%
2024
Exports of goods and services, % of GDP
27.3%
2024
70%
2024

Economic freedom indices

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

Niger Thailand
Economic freedom 51 62.2
Economic freedom ranking 156/197 88/197
Property rights 16.6 41.8
Government integrity 33.9 38.9
Judicial effectiveness 28 35
Tax burden 78.2 80.8
Government spending 91.4 83.6
Fiscal health 47.6 81
Business freedom 32.4 69.9
Labor freedom 54.7 56.4
Monetary freedom 67.9 73.3
Trade freedom 65.8 70.2
Investment freedom 55 55
Financial freedom 40 60

Economic freedom comparison by year

Niger
Thailand
1x
Year Economic freedom index
Niger Thailand
2026 51 62.2
2025 51.5 60.6
2024 52.3 59
2023 53.7 60.6
2022 54.9 63.2
2021 57.3 69.7
2020 54.7 69.4
2019 51.6 68.3
2018 49.5 67.1
2017 50.8 66.2
2016 54.3 63.9
2015 54.6 62.4
2014 55.1 63.3
2013 53.9 64.1
2012 54.3 64.9
2011 54.3 64.7
2010 52.9 64.1
2009 53.8 63
2008 52.9 62.3
2007 53.2 63.5
2006 52.5 63.3
2005 54.1 62.5
2004 54.6 63.7
2003 54.2 65.8
2002 48.2 69.1
2001 48.9 68.9
2000 45.9 66.6
1999 48.6 66.9
1998 47.5 67.3
1997 46.6 66.1
1996 45.8 71
1995 - 71.3

Data sources: The Heritage Foundation | Economic Freedom Index (1995–2026, retrieved 2026-03-09).

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

The Economic Freedom Index for Niger is 51, ranking 156/197, compared to 62.2 for Thailand, ranking 88/197. The chart above displays a comparison of annual changes in economic freedom indexes.

Other economic metrics

Niger Thailand
Services, % of GDP
45%
2024
59.2%
2024
Industry, % of GDP
17.6%
2024
32.1%
2024
Agriculture, forestry, and fishing, % of GDP
34.5%
2024
8.71%
2024
GNI, Atlas method
$18.3B
2024
$509B
2024
GNI per capita, PPP
$2,030
2024
$23,960
2024
Total reserves including gold n/a
$237B
2024
Total reserves ranking n/a
15/177
2024
Net foreign direct investment
-$1.02B
2023
-$6.95B
2024
Net inflows of foreign direct investment
$358M
2024
$14.3B
2024
Net outflows of foreign direct investment
$20.7M
2024
$7.36B
2024
Servicing debt to the IMF, % of GNI
1.94%
2024
3.52%
2024
Poverty at national poverty lines
41.2%
2021
5.4%
2022
Gross capital formation, % of GDP
22.1%
2024
21.6%
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/thailand | 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 (1995–2024, retrieved 2026-02-20)
  3. International Monetary Fund (IMF) | Public Finances in Modern History (1948–1995, retrieved 2026-02-20)
  4. The Heritage Foundation | Economic Freedom Index (1995–2026, retrieved 2026-03-09)
  5. U.S. Census Bureau (1985–2024, retrieved 2026-02-08)
  6. TradeMap (2023–2024, 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.