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Economy of Niger vs Togo compared: GDP & Debt

Updated on by Georank team

Niger has a GDP of $19.9B compared to $10.7B for Togo, ranking 130/197 and 154/197 by economy size, respectively.

Niger has $9.39B in government debt (47.2% of GDP), compared to $7.68B (72.1% of GDP) in Togo.

Niger vs Togo GDP by year

Niger
Togo
1x
Year GDP, current $
Niger Togo
2024 $19,876,128,486 $10,651,180,147
2023 $16,698,786,978 $9,816,236,303
2022 $15,433,852,712 $8,646,453,099
2021 $14,915,002,436 $8,541,668,141
2020 $13,744,653,103 $7,486,031,562
2019 $12,889,555,561 $6,992,654,019
2018 $12,837,307,497 $7,029,215,766
2017 $11,185,104,252 $6,387,424,240
2016 $10,398,861,982 $6,071,167,584
2015 $9,683,867,926 $5,755,457,836
2014 $10,862,943,544 $6,393,314,708
2013 $10,224,897,438 $6,021,729,630
2012 $9,426,912,648 $5,413,541,649
2011 $8,772,950,778 $5,422,439,152
2010 $7,851,192,502 $4,746,386,893
2009 $7,352,131,310 $4,721,888,275
2008 $7,297,600,226 $4,578,847,113
2007 $5,731,485,052 $3,759,962,853
2006 $4,756,361,252 $3,320,907,722
2005 $4,383,315,965 $3,221,910,408
2004 $3,760,443,738 $3,191,561,509
2003 $3,394,084,732 $2,987,984,051
2002 $2,782,192,879 $2,410,199,032
2001 $2,448,714,704 $2,093,498,674
2000 $2,241,753,193 $2,106,848,752
1999 $2,537,789,821 $2,226,577,204
1998 $2,643,363,519 $2,241,650,112
1997 $2,290,318,910 $2,116,818,623
1996 $2,405,686,940 $2,069,506,014
1995 $2,302,537,562 $1,849,110,468
1994 $1,938,058,175 $1,387,662,121
1993 $3,052,673,849 $1,741,944,426
1992 $3,386,232,579 $2,390,796,916
1991 $3,285,796,875 $2,262,767,860
1990 $3,512,356,508 $2,299,665,506
1989 $2,179,567,114 $1,910,635,575
1988 $2,280,356,193 $1,947,208,354
1987 $2,233,006,105 $1,763,978,066
1986 $1,904,096,998 $1,498,219,579
1985 $1,440,581,652 $1,076,604,520
1984 $1,461,243,326 $1,014,170,069
1983 $1,803,099,561 $1,081,387,265
1982 $2,017,612,216 $1,160,337,039
1981 $2,170,893,414 $1,359,026,709
1980 $2,508,524,721 $1,604,836,916
1979 $2,109,277,666 $1,259,365,712
1978 $1,774,365,590 $1,164,025,637
1977 $1,291,458,041 $1,097,893,826
1976 $1,064,517,601 $874,681,612
1975 $1,048,690,933 $871,781,687
1974 $1,026,137,111 $791,450,308
1973 $946,385,105 $574,030,984
1972 $742,779,661 $474,043,922
1971 $693,573,704 $404,648,368
1970 $649,916,621 $358,665,754
1969 $625,867,985 $378,091,810
1968 $641,214,226 $341,691,567
1967 $665,586,872 $327,215,844
1966 $702,296,079 $305,227,595
1965 $673,383,511 $264,505,506
1964 $582,816,396 $234,572,186
1963 $586,294,879 $202,305,865
1962 $531,736,599 $186,745,758
1961 $485,785,231 $178,497,098
1960 $449,526,873 $171,057,069

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

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

GDP per capita in Niger vs Togo by year

Niger
GDP per capita

GDP per capita, PPP
Togo
GDP per capita

GDP per capita, PPP
1x
Year Current $
Niger Togo
GDP per capita GDP per capita, PPP GDP per capita GDP per capita, PPP
2024 $735 $2,050 $1,119 $3,365
2023 $638 $1,875 $1,055 $3,154
2022 $610 $1,840 $951 $2,935
2021 $609 $1,586 $962 $2,639
2020 $580 $1,497 $863 $2,384
2019 $562 $1,419 $826 $2,215
2018 $579 $1,276 $851 $2,067
2017 $522 $1,208 $793 $1,986
2016 $503 $1,189 $773 $1,933
2015 $486 $1,172 $751 $1,880
2014 $565 $1,161 $856 $1,803
2013 $552 $1,138 $827 $1,715
2012 $529 $1,162 $762 $1,645
2011 $511 $1,064 $784 $1,616
2010 $474 $1,058 $705 $1,537
2009 $461 $999 $721 $1,474
2008 $475 $1,010 $719 $1,429
2007 $387 $955 $608 $1,387
2006 $333 $935 $553 $1,407
2005 $319 $888 $551 $1,368
2004 $283.5 $832 $560 $1,427
2003 $265.2 $837 $538 $1,440
2002 $225.3 $832 $445 $1,357
2001 $205.4 $809 $397 $1,320
2000 $194.8 $764 $410 $1,315
1999 $228.3 $783 $445 $1,332
1998 $246.1 $801 $461 $1,318
1997 $220.6 $745 $448 $1,373
1996 $239.5 $746 $452 $1,218
1995 $237 $757 $419 $1,140
1994 $206.2 $748 $329 $1,082
1993 $335 $742 $414 $925
1992 $384 $746 $565 $1,057
1991 $384 $738 $550 $1,107
1990 $424 $739 $575 $1,110
1989 $271.3 - $492 -
1988 $292.6 - $517 -
1987 $295.3 - $482 -
1986 $259.6 - $422 -
1985 $202.4 - $313 -
1984 $211.5 - $304 -
1983 $268.8 - $336 -
1982 $310 - $372 -
1981 $343 - $451 -
1980 $409 - $549 -
1979 $354 - $443 -
1978 $307 - $421 -
1977 $229.8 - $406 -
1976 $194.8 - $332 -
1975 $197.2 - $339 -
1974 $198.3 - $315 -
1973 $187.9 - $234.4 -
1972 $151.4 - $198.8 -
1971 $145.2 - $174.6 -
1970 $139.8 - $159.8 -
1969 $138.3 - $174.7 -
1968 $145.6 - $164.3 -
1967 $155.4 - $163.9 -
1966 $168.6 - $159.1 -
1965 $166.3 - $142.7 -
1964 $148.1 - $130.1 -
1963 $153.3 - $114.6 -
1962 $143.2 - $107.8 -
1961 $134.6 - $104.8 -
1960 $128.3 - $102.2 -

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

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

Niger's GDP per capita is $735, ranking 187/197, compared to $1,119 in Togo, ranking 172/197. Adjusted for purchasing power (GDP per capita PPP), Niger ranks 186th at $2,050, while Togo ranks 173rd at $3,365.

Economic indicators

Niger Togo
Gross domestic product
$19.9B
2024
$10.7B
2024
GDP rank
130/197
2024
154/197
2024
GDP growth
10.3%
2023-2024
6.53%
2023-2024
GDP per capita
$735
2024
$1,119
2024
GDP per capita rank
187/197
2024
172/197
2024
GDP per capita, PPP
$2,050
2024
$3,365
2024
GDP per capita PPP rank
186/197
2024
173/197
2024
Government debt
$9.39B
2024
$7.68B
2024
Debt-to-GDP ratio
47.2%
2024
72.1%
2024
Government debt per person
$347
2024
$807
2024
Government debt per person rank
173/185
2024
149/185
2024
Average annual personal income after taxes
$1,163
2026
$1,661
2026
Income share by richest 10%
27.8%
2021
29.6%
2021
Income share by poorest 10%
3.8%
2021
2.8%
2021
Government expenditure, % of GDP
13.4%
2024
26.4%
2024
Consumer prices inflation
9.07%
2023-2024
2.86%
2023-2024
Unemployment rate
0.4%
2022
1.97%
2022
Population
29080898
9990340

Spending and national debt comparison by year

Niger
Spending

Debt
Togo
Spending

Debt
1x
Year % of GDP
Niger Togo
Government spending Government debt Government spending Government debt
2024 13.4% 47.2% 26.4% 72.1%
2023 15.8% 51.8% 26.6% 68.6%
2022 21.6% 50.6% 26% 67%
2021 24.3% 51.3% 21.8% 64.9%
2020 22.4% 45% 23.7% 62.2%
2019 21.6% 39.8% 16.6% 54.9%
2018 21.2% 37% 18.8% 58%
2017 19.5% 36.5% 16.3% 57.1%
2016 19.4% 32.8% 22.9% 59.9%
2015 24.2% 29.9% 22.9% 52.4%
2014 23.6% 22.1% 21.9% 44.9%
2013 20.4% 19.6% 20.5% 41.1%
2012 16.6% 18.1% 19.1% 34.3%
2011 15.3% 14.7% 18.2% 37%
2010 14.3% 15.1% 15.1% 33.5%
2009 17.7% 15.9% 14.3% 57.6%
2008 16.9% 14.2% 12.4% 67.3%
2007 17.4% 17.8% 13.7% 70.5%
2006 15.2% 18.3% 14.7% 67.7%
2005 15.6% 49.5% 13.3% 63.1%
2004 16.1% 55% 10.6% 48.7%
2003 14% 60.6% 8.88% 50%
2002 14.4% 69% 8.42% 54.8%
2001 13.7% 74% 10.9% 68.5%
2000 13.5% 82.1% 11.9% 66.5%
1999 15% 63.3% 11.9% 59.9%
1998 13.6% 61.3% 12.8% 62.8%
1997 12.9% 69.1% 10.6% 54.4%
1996 10.9% 63.5% 12.4% 60.4%
1995 12.5% 69.4% 12.7% 64.8%
1994 - - 13.2% 79%
1993 - - 14.8% 58.3%
1992 - - 12.6% 45%
1991 - - 14.6% 46.9%
1990 - - 16.8% 44.7%
1989 - - 16.9% 46.3%

Data sources: International Monetary Fund (IMF) | Fiscal Monitor (1990–2024, retrieved 2026-02-20); International Monetary Fund (IMF) | Public Finances in Modern History (1989–2004, retrieved 2026-02-20).

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

In 2024, Niger's government spending was $2.67B, accounting for 13.4% of its GDP, while Togo spent $2.81B, or 26.4% of GDP.

Debt-to-GDP ratio is 47.2% in Niger and 72.1% in Togo, ranking 114/185 and 54/185, respectively.

Government deficit by year

Deficit/surplus
Niger

Togo
1x
Year Deficit/surplus, % of GDP
Niger Togo
2024 -4.27% -7.43%
2023 -5.37% -6.73%
2022 -6.77% -8.33%
2021 -6.1% -4.65%
2020 -4.82% -7.05%
2019 -3.56% 1.67%
2018 -3.01% -0.59%
2017 -4.12% -0.21%
2016 -4.46% -7.02%
2015 -6.75% -7.04%
2014 -6.12% -7.11%
2013 -1.93% -5.08%
2012 -0.83% -4.63%
2011 -2.19% -4.48%
2010 -0.99% -1.66%
2009 -3.93% -2.63%
2008 1.11% -0.59%
2007 -0.75% -1.83%
2006 31% -1.94%
2005 -1.53% -1.67%
2004 -2.76% 0.61%
2003 -2.17% 1.43%
2002 -2.21% -0.28%
2001 -2.59% -0.72%
2000 -2.83% -3.45%
1999 -4.27% -1.76%
1998 -2.23% -3.25%
1997 -2.39% -0.98%
1996 -0.36% -3.26%
1995 -3.19% -2.97%
1994 - -5.37%
1993 - -8.46%
1992 - -2.27%
1991 - -3.52%
1990 - -1.65%
1989 - -2.18%

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

GeoRank.org/economy/niger/togo | 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 Togo's deficit of $791M, or 7.43% of GDP.

Over the past 30 years, Niger recorded a fiscal deficit in 28 of those years, while Togo ran a deficit in 27 years. On average, Niger posted an annual deficit equal to 2.01% of GDP, compared to deficit of 3.12% of GDP for Togo.

Inflation comparison by year

Inflation
Niger

Togo
1x
Year Consumer prices inflation
Niger Togo
2024 9.07% 2.86%
2023 3.7% 5.49%
2022 4.23% 7.97%
2021 3.84% 4.19%
2020 2.9% 1.7%
2019 -2.49% 0.67%
2018 2.97% 0.93%
2017 2.8% -0.98%
2016 1.65% 1.29%
2015 -0.58% 2.59%
2014 -0.93% 0.19%
2013 2.3% 1.83%
2012 0.46% 2.58%
2011 2.94% 3.56%
2010 0.8% 1.45%
2009 0.58% 3.71%
2008 11.3% 8.69%
2007 0.05% 0.95%
2006 0.04% 2.23%
2005 7.8% 6.78%
2004 0.26% 0.39%
2003 -1.61% -0.93%
2002 2.63% 3.06%
2001 4.01% 3.92%
2000 2.9% 1.86%
1999 -2.3% -0.05%
1998 4.55% 0.98%
1997 2.93% 8.25%

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

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

Over the past 28 years, Niger has recorded an average annual inflation rate of 2.39%, compared with 2.72% in Togo. In 2024, inflation was 9.07% in Niger and 2.86% in Togo.

Top exports between countries

Niger
Export category Export value
Raw materials & minerals $75.8M
Machinery & equipment $11.5M
Wood & paper products $6.41M
Raw agricultural goods $992K
Textiles & consumer goods $167K
Metals $54K
Processed food, beverages & tobacco $33K
Chemicals & pharma $30K
Animal & marine products $1K
Precious metals & jewellery $1K
Togo
Export category Export value
Processed food, beverages & tobacco $48.2M
Raw materials & minerals $4.46M
Animal & marine products $3.57M
Chemicals & pharma $3.44M
Raw agricultural goods $2.91M
Metals $1.81M
Machinery & equipment $1.71M
Wood & paper products $464K
Textiles & consumer goods $243K
Weapons & explosives $231K

Balance of trade

Niger Togo
Current account balance
-$2.33B
2023
-$20.7M
2020
Current account balance ranking
146/190
2023
79/190
2020
Current account balance, % of GDP
-14%
2023
-0.28%
2020
Goods imports
$2.59B
2023
$1.95B
2020
Goods exports
$992M
2023
$1.21B
2020
Service imports
$1.22B
2023
$438M
2020
Service exports
$231M
2023
$514M
2020
Imports of goods and services, % of GDP
22.7%
2024
38.1%
2024
Exports of goods and services, % of GDP
27.3%
2024
24.4%
2024

Economic freedom indices

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

Niger Togo
Economic freedom 51 51.6
Economic freedom ranking 156/197 153/197
Property rights 16.6 43.6
Government integrity 33.9 33.3
Judicial effectiveness 28 34
Tax burden 78.2 68.9
Government spending 91.4 79.2
Fiscal health 47.6 9.6
Business freedom 32.4 60.1
Labor freedom 54.7 51.9
Monetary freedom 67.9 72.5
Trade freedom 65.8 65.8
Investment freedom 55 60
Financial freedom 40 40

Economic freedom comparison by year

Niger
Togo
1x
Year Economic freedom index
Niger Togo
2026 51 51.6
2025 51.5 52.3
2024 52.3 50.9
2023 53.7 55.3
2022 54.9 57.2
2021 57.3 57.5
2020 54.7 54.1
2019 51.6 50.3
2018 49.5 47.8
2017 50.8 53.2
2016 54.3 53.6
2015 54.6 53
2014 55.1 49.9
2013 53.9 48.8
2012 54.3 48.3
2011 54.3 49.1
2010 52.9 47.1
2009 53.8 48.7
2008 52.9 48.9
2007 53.2 49.7
2006 52.5 47.3
2005 54.1 48.2
2004 54.6 47
2003 54.2 46.8
2002 48.2 45.2
2001 48.9 45.3
2000 45.9 46.4
1999 48.6 48.2
1998 47.5 -
1997 46.6 -
1996 45.8 -

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

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

The Economic Freedom Index for Niger is 51, ranking 156/197, compared to 51.6 for Togo, ranking 153/197. The chart above displays a comparison of annual changes in economic freedom indexes.

Other economic metrics

Niger Togo
Services, % of GDP
45%
2024
49.2%
2024
Industry, % of GDP
17.6%
2024
20.4%
2024
Agriculture, forestry, and fishing, % of GDP
34.5%
2024
21.3%
2024
GNI, Atlas method
$18.3B
2024
$10.3B
2024
GNI per capita, PPP
$2,030
2024
$3,380
2024
Net foreign direct investment
-$1.02B
2023
-$53.1M
2020
Net inflows of foreign direct investment
$358M
2024
$83.8M
2024
Net outflows of foreign direct investment
$20.7M
2024
-$73.4M
2024
Servicing debt to the IMF, % of GNI
1.94%
2024
3.21%
2024
Poverty at national poverty lines
41.2%
2021
43.8%
2021
Gross capital formation, % of GDP
22.1%
2024
20.8%
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/togo | 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. The Heritage Foundation | Economic Freedom Index (1996–2026, retrieved 2026-03-09)
  4. U.S. Census Bureau (1985–2024, retrieved 2026-02-08)
  5. TradeMap (2021–2024, retrieved 2026-02-08)
  6. International Monetary Fund (IMF) | Public Finances in Modern History (1989–2004, retrieved 2026-02-20)
  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.