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Economy of Niger vs Turkey compared: GDP & Debt

Updated on by Georank team

Niger has a GDP of $19.9B compared to $1.36T for Turkey, ranking 130/197 and 17/197 by economy size, respectively.

Niger has $9.39B in government debt (47.2% of GDP), compared to $327B (24% of GDP) in Turkey.

Niger vs Turkey GDP by year

Niger
Turkey
1x
Year GDP, current $
Niger Turkey
2024 $19,876,128,486 $1,359,123,768,774
2023 $16,698,786,978 $1,141,242,864,657
2022 $15,433,852,712 $926,097,476,914
2021 $14,915,002,436 $839,938,668,172
2020 $13,744,653,103 $733,628,247,119
2019 $12,889,555,561 $775,853,144,223
2018 $12,837,307,497 $788,356,985,774
2017 $11,185,104,252 $863,874,522,365
2016 $10,398,861,982 $870,818,016,910
2015 $9,683,867,926 $865,460,050,684
2014 $10,862,943,544 $942,343,431,929
2013 $10,224,897,438 $962,167,643,589
2012 $9,426,912,648 $885,327,622,479
2011 $8,772,950,778 $844,192,507,381
2010 $7,851,192,502 $782,545,664,268
2009 $7,352,131,310 $653,894,449,921
2008 $7,297,600,226 $775,415,944,333
2007 $5,731,485,052 $685,228,481,017
2006 $4,756,361,252 $559,668,118,237
2005 $4,383,315,965 $508,314,210,213
2004 $3,760,443,738 $410,156,784,496
2003 $3,394,084,732 $315,392,899,922
2002 $2,782,192,879 $240,778,008,474
2001 $2,448,714,704 $202,195,080,239
2000 $2,241,753,193 $274,748,463,179
1999 $2,537,789,821 $256,673,939,248
1998 $2,643,363,519 $276,035,372,655
1997 $2,290,318,910 $263,817,553,748
1996 $2,405,686,940 $250,366,965,174
1995 $2,302,537,562 $234,699,627,004
1994 $1,938,058,175 $130,650,447,499
1993 $3,052,673,849 $180,415,757,852
1992 $3,386,232,579 $159,104,772,992
1991 $3,285,796,875 $151,034,731,544
1990 $3,512,356,508 $150,655,500,192
1989 $2,179,567,114 $107,127,191,329
1988 $2,280,356,193 $90,875,175,809
1987 $2,233,006,105 $87,190,081,680
1986 $1,904,096,998 $75,673,037,037
1985 $1,440,581,652 $67,232,758,621
1984 $1,461,243,326 $59,937,602,180
1983 $1,803,099,561 $61,803,555,556
1982 $2,017,612,216 $64,369,325,153
1981 $2,170,893,414 $71,180,180,180
1980 $2,508,524,721 $68,823,684,211
1979 $2,109,277,666 $89,616,129,032
1978 $1,774,365,590 $65,912,500,000
1977 $1,291,458,041 $58,683,333,333
1976 $1,064,517,601 $51,450,000,000
1975 $1,048,690,933 $46,042,857,143
1974 $1,026,137,111 $35,414,285,714
1973 $946,385,105 $26,000,000,000
1972 $742,779,661 $20,650,000,000
1971 $693,573,704 $16,166,666,667
1970 $649,916,621 $17,863,636,364
1969 $625,867,985 $19,466,666,667
1968 $641,214,226 $17,500,000,000
1967 $665,586,872 $15,644,444,444
1966 $702,296,079 $14,100,000,000
1965 $673,383,511 $11,966,666,667
1964 $582,816,396 $11,177,777,778
1963 $586,294,879 $10,355,555,556
1962 $531,736,599 $8,922,222,222
1961 $485,785,231 $7,988,888,889
1960 $449,526,873 $7,566,666,667

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

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

GDP per capita in Niger vs Turkey by year

Niger
GDP per capita

GDP per capita, PPP
Turkey
GDP per capita

GDP per capita, PPP
1x
Year Current $
Niger Turkey
GDP per capita GDP per capita, PPP GDP per capita GDP per capita, PPP
2024 $735 $2,050 $15,893 $45,639
2023 $638 $1,875 $13,375 $42,786
2022 $610 $1,840 $10,898 $39,564
2021 $609 $1,586 $9,982 $32,106
2020 $580 $1,497 $8,798 $29,209
2019 $562 $1,419 $9,395 $29,016
2018 $579 $1,276 $9,684 $28,640
2017 $522 $1,208 $10,756 $28,354
2016 $503 $1,189 $10,984 $26,731
2015 $486 $1,172 $11,065 $25,890
2014 $565 $1,161 $12,209 $24,193
2013 $552 $1,138 $12,636 $22,475
2012 $529 $1,162 $11,777 $20,739
2011 $511 $1,064 $11,374 $19,717
2010 $474 $1,058 $10,699 $17,466
2009 $461 $999 $9,077 $15,560
2008 $475 $1,010 $10,913 $16,142
2007 $387 $955 $9,767 $14,951
2006 $333 $935 $7,990 $13,555
2005 $319 $888 $7,332 $11,803
2004 $283.5 $832 $5,980 $10,759
2003 $265.2 $837 $4,650 $9,474
2002 $225.3 $832 $3,591 $9,154
2001 $205.4 $809 $3,052 $9,014
2000 $194.8 $764 $4,199 $9,326
1999 $228.3 $783 $3,974 $8,470
1998 $246.1 $801 $4,331 $8,763
1997 $220.6 $745 $4,197 $11,514
1996 $239.5 $746 $4,041 $10,624
1995 $237 $757 $3,846 $9,962
1994 $206.2 $748 $2,176 $9,253
1993 $335 $742 $3,058 $9,751
1992 $384 $746 $2,744 $8,969
1991 $384 $738 $2,649 $8,418
1990 $424 $739 $2,690 $8,208
1989 $271.3 - $1,949 -
1988 $292.6 - $1,686 -
1987 $295.3 - $1,650 -
1986 $259.6 - $1,461 -
1985 $202.4 - $1,326 -
1984 $211.5 - $1,209 -
1983 $268.8 - $1,276 -
1982 $310 - $1,360 -
1981 $343 - $1,537 -
1980 $409 - $1,516 -
1979 $354 - $2,013 -
1978 $307 - $1,510 -
1977 $229.8 - $1,372 -
1976 $194.8 - $1,228 -
1975 $197.2 - $1,122 -
1974 $198.3 - $881 -
1973 $187.9 - $661 -
1972 $151.4 - $537 -
1971 $145.2 - $431 -
1970 $139.8 - $488 -
1969 $138.3 - $544 -
1968 $145.6 - $501 -
1967 $155.4 - $459 -
1966 $168.6 - $425 -
1965 $166.3 - $370 -
1964 $148.1 - $354 -
1963 $153.3 - $337 -
1962 $143.2 - $298.2 -
1961 $134.6 - $274.4 -
1960 $128.3 - $267.1 -

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

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

Niger's GDP per capita is $735, ranking 187/197, compared to $15,893 in Turkey, ranking 66/197. Adjusted for purchasing power (GDP per capita PPP), Niger ranks 186th at $2,050, while Turkey ranks 51st at $45,639.

Economic indicators

Niger Turkey
Gross domestic product
$19.9B
2024
$1.36T
2024
GDP rank
130/197
2024
17/197
2024
GDP growth
10.3%
2023-2024
3.33%
2023-2024
GDP per capita
$735
2024
$15,893
2024
GDP per capita rank
187/197
2024
66/197
2024
GDP per capita, PPP
$2,050
2024
$45,639
2024
GDP per capita PPP rank
186/197
2024
51/197
2024
Government debt
$9.39B
2024
$327B
2024
Debt-to-GDP ratio
47.2%
2024
24%
2024
Government debt per person
$347
2024
$3,820
2024
Government debt per person rank
173/185
2024
92/185
2024
Average annual personal income after taxes
$1,163
2026
$10,928
2026
Market capitalization of domestic companies n/a
$379B
2024
Number of millionaires n/a
60,787
2025
Number of billionaires n/a
32
2025
Income share by richest 10%
27.8%
2021
35.2%
2022
Income share by poorest 10%
3.8%
2021
2.1%
2022
Government expenditure, % of GDP
13.4%
2024
32.6%
2024
Consumer prices inflation
9.07%
2023-2024
58.5%
2023-2024
Central bank interest rate n/a
38%
2025
Unemployment rate
0.4%
2022
8.71%
2024
Population
29080898
86002379

Spending and national debt comparison by year

Niger
Spending

Debt
Turkey
Spending

Debt
1x
Year % of GDP
Niger Turkey
Government spending Government debt Government spending Government debt
2024 13.4% 47.2% 32.6% 24%
2023 15.8% 51.8% 32.5% 28.7%
2022 21.6% 50.6% 26.8% 30.2%
2021 24.3% 51.3% 30.5% 39.4%
2020 22.4% 45% 34% 38.7%
2019 21.6% 39.8% 34.8% 31.8%
2018 21.2% 37% 33.9% 29.5%
2017 19.5% 36.5% 32.4% 27.6%
2016 19.4% 32.8% 33.8% 27.7%
2015 24.2% 29.9% 32.4% 27.1%
2014 23.6% 22.1% 32.5% 28.2%
2013 20.4% 19.6% 33.5% 30.8%
2012 16.6% 18.1% 34% 32.1%
2011 15.3% 14.7% 32.6% 35.7%
2010 14.3% 15.1% 35.2% 39.2%
2009 17.7% 15.9% 37% 42.9%
2008 16.9% 14.2% 33.5% 37.5%
2007 17.4% 17.8% 32.7% 37.5%
2006 15.2% 18.3% 33.4% 44%
2005 15.6% 49.5% 32% 50%
2004 16.1% 55% 34.5% 57%
2003 14% 60.6% 38.3% 65%
2002 14.4% 69% 40.9% 71.3%
2001 13.7% 74% 43.9% 75.3%
2000 13.5% 82.1% 39.4% 51.2%
1999 15% 63.3% 32.7% 52.1%
1998 13.6% 61.3% 27.9% 36.5%
1997 12.9% 69.1% 26.4% 32.5%
1996 10.9% 63.5% 24.5% 35.5%
1995 12.5% 69.4% 19.4% 34.6%
1994 - - 20.5% 39.2%
1993 - - 22% 29.1%
1992 - - 18.6% 29.2%
1991 - - 18.2% 28.4%
1990 - - 14.1% 25.8%
1989 - - 13.8% 33.5%
1988 - - 12.9% 38.6%
1987 - - 13.3% 40.3%
1986 - - 12.1% 38.2%
1985 - - 18% 44.3%
1984 - - 14.1% 42.6%
1983 - - 14.9% 32.7%
1982 - - 19.2% 33.4%
1981 - - 24% 32%
1980 - - 25.5% 22.4%
1979 - - 28.3% 23.6%
1978 - - 27.6% 25.8%
1977 - - 27.8% 24%
1976 - - 23.3% 20.4%
1975 - - 22% 20.2%
1974 - - 19% 19%
1973 - - 21.8% 23.1%
1972 - - 21.9% 30.1%
1971 - - 24.8% 34.4%
1970 - - 22.7% 39.8%
1969 - - 20.5% 33.2%
1968 - - 19% 33.2%
1967 - - 20.1% 33.3%
1966 - - 18.9% 33.4%
1965 - - 19% 33.4%
1964 - - 18.9% 25.7%
1963 - - 17.5% 27.6%
1962 - - 15.7% 28.8%
1961 - - 22.9% 28.9%
1960 - - 15.6% 19.9%

Data sources: International Monetary Fund (IMF) | Fiscal Monitor (1995–2024, retrieved 2026-02-20); International Monetary Fund (IMF) | Public Finances in Modern History (1960–1999, retrieved 2026-02-20).

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

In 2024, Niger's government spending was $2.67B, accounting for 13.4% of its GDP, while Turkey spent $444B, or 32.6% of GDP.

Debt-to-GDP ratio is 47.2% in Niger and 24% in Turkey, ranking 114/185 and 170/185, respectively.

Government deficit by year

Deficit/surplus
Niger

Turkey
1x
Year Deficit/surplus, % of GDP
Niger Turkey
2024 -4.27% -4.57%
2023 -5.37% -5.22%
2022 -6.77% -1.1%
2021 -6.1% -2.98%
2020 -4.82% -4.64%
2019 -3.56% -4.69%
2018 -3.01% -3.1%
2017 -4.12% -1.87%
2016 -4.46% -1.68%
2015 -6.75% -0.51%
2014 -6.12% -0.96%
2013 -1.93% -1.21%
2012 -0.83% -1.78%
2011 -2.19% -0.35%
2010 -0.99% -2.99%
2009 -3.93% -5.14%
2008 1.11% -2.13%
2007 -0.75% -1.37%
2006 31% -0.22%
2005 -1.53% -0.75%
2004 -2.76% -4.11%
2003 -2.17% -7.55%
2002 -2.21% -11.3%
2001 -2.59% -11.6%
2000 -2.83% -8.36%
1999 -4.27% -13.8%
1998 -2.23% -9.84%
1997 -2.39% -10.1%
1996 -0.36% -10.7%
1995 -3.19% -5.95%
1994 - -6.04%
1993 - -8.84%
1992 - -6.73%
1991 - -6.86%
1990 - -3.65%
1989 - -3.87%
1988 - -3.2%
1987 - -3.47%
1986 - -2.43%
1985 - -5.84%
1984 - -3.77%
1983 - -1.45%
1982 - -1.61%
1981 - -1.5%
1980 - -3.67%
1979 - -3.06%
1978 - -1.83%
1977 - -5.1%
1976 - -0.6%
1975 - -0.19%
1974 - -1.02%
1973 - -0.98%
1972 - -0.13%
1971 - -3.05%
1970 - 0.14%
1969 - -1.45%
1968 - -0.62%
1967 - 0.1%
1966 - -0.66%
1965 - -1.18%
1964 - -0.84%
1963 - 0%
1962 - -0.16%
1961 - -1%
1960 - -0.83%
1959 - -0.78%
1958 - -0.45%
1957 - -0.66%
1956 - -0.84%
1955 - -0.85%
1954 - -1.12%
1953 - -0.12%
1952 - -0.1%
1951 - 0.48%
1950 - -0.53%
1949 - 0.81%
1948 - 0.84%
1947 - -
1946 - -
1945 - 1.01%
1944 - -
1943 - 0.22%
1942 - -
1941 - -
1940 - -
1939 - -
1938 - 1.18%
1937 - -
1936 - 1.43%

Data sources: International Monetary Fund (IMF) | Public Finances in Modern History (1936–1999, retrieved 2026-02-20); International Monetary Fund (IMF) | Fiscal Monitor (1995–2024, retrieved 2026-02-20).

GeoRank.org/economy/niger/turkey | 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 Turkey's deficit of $62.1B, or 4.57% of GDP.

Over the past 30 years, Niger recorded a fiscal deficit in 28 of those years, while Turkey ran a deficit in 30 years. On average, Niger posted an annual deficit equal to 2.01% of GDP, compared to deficit of 4.69% of GDP for Turkey.

Inflation comparison by year

Inflation
Niger

Turkey
1x
Year Consumer prices inflation
Niger Turkey
2024 9.07% 58.5%
2023 3.7% 53.9%
2022 4.23% 72.3%
2021 3.84% 19.6%
2020 2.9% 12.3%
2019 -2.49% 15.2%
2018 2.97% 16.3%
2017 2.8% 11.1%
2016 1.65% 7.78%
2015 -0.58% 7.67%
2014 -0.93% 8.85%
2013 2.3% 7.49%
2012 0.46% 8.89%
2011 2.94% 6.47%
2010 0.8% 8.57%
2009 0.58% 6.25%
2008 11.3% 10.4%
2007 0.05% 8.76%
2006 0.04% 9.6%
2005 7.8% 8.18%
2004 0.26% 8.6%
2003 -1.61% 21.6%
2002 2.63% 45%
2001 4.01% 54.4%
2000 2.9% 54.9%
1999 -2.3% 64.9%
1998 4.55% 84.6%
1997 2.93% 85.7%

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

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

Over the past 28 years, Niger has recorded an average annual inflation rate of 2.39%, compared with 27.8% in Turkey. In 2024, inflation was 9.07% in Niger and 58.5% in Turkey.

Top exports between countries

Niger
Export category Export value
Raw materials & minerals $1.16M
Precious metals & jewellery $49K
Machinery & equipment $41K
Metals $37K
Processed food, beverages & tobacco $21K
Raw agricultural goods $8K
Textiles & consumer goods $2K
Turkey
Export category Export value
Machinery & equipment $61M
Processed food, beverages & tobacco $26M
Weapons & explosives $8.08M
Textiles & consumer goods $3.04M
Metals $1.93M
Chemicals & pharma $928K
Raw materials & minerals $598K
Raw agricultural goods $370K
Wood & paper products $199K
Animal & marine products $47K

Balance of trade

Niger Turkey
Current account balance
-$2.33B
2023
-$10.2B
2024
Current account balance ranking
146/190
2023
176/190
2024
Current account balance, % of GDP
-14%
2023
-0.75%
2024
Goods imports
$2.59B
2023
$314B
2024
Goods exports
$992M
2023
$257B
2024
Service imports
$1.22B
2023
$53.3B
2024
Service exports
$231M
2023
$115B
2024
Imports of goods and services, % of GDP
22.7%
2024
27%
2024
Exports of goods and services, % of GDP
27.3%
2024
27.6%
2024

Economic freedom indices

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

Niger Turkey
Economic freedom 51 55
Economic freedom ranking 156/197 129/197
Property rights 16.6 36.4
Government integrity 33.9 35.3
Judicial effectiveness 28 23.5
Tax burden 78.2 72
Government spending 91.4 71.8
Fiscal health 47.6 77.8
Business freedom 32.4 61.6
Labor freedom 54.7 44.3
Monetary freedom 67.9 36.5
Trade freedom 65.8 71
Investment freedom 55 70
Financial freedom 40 60

Economic freedom comparison by year

Niger
Turkey
1x
Year Economic freedom index
Niger Turkey
2026 51 55
2025 51.5 56.1
2024 52.3 56.2
2023 53.7 56.9
2022 54.9 56.9
2021 57.3 64
2020 54.7 64.4
2019 51.6 64.6
2018 49.5 65.4
2017 50.8 65.2
2016 54.3 62.1
2015 54.6 63.2
2014 55.1 64.9
2013 53.9 62.9
2012 54.3 62.5
2011 54.3 64.2
2010 52.9 63.8
2009 53.8 61.6
2008 52.9 59.9
2007 53.2 57.4
2006 52.5 57
2005 54.1 50.6
2004 54.6 52.8
2003 54.2 51.9
2002 48.2 54.2
2001 48.9 60.6
2000 45.9 63.4
1999 48.6 59.2
1998 47.5 60.9
1997 46.6 60.8
1996 45.8 56.7
1995 - 58.4

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

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

The Economic Freedom Index for Niger is 51, ranking 156/197, compared to 55 for Turkey, ranking 129/197. The chart above displays a comparison of annual changes in economic freedom indexes.

Other economic metrics

Niger Turkey
Services, % of GDP
45%
2024
57.5%
2024
Industry, % of GDP
17.6%
2024
25.5%
2024
Agriculture, forestry, and fishing, % of GDP
34.5%
2024
5.82%
2024
GNI, Atlas method
$18.3B
2024
$1.15T
2024
GNI per capita, PPP
$2,030
2024
$45,110
2024
Total reserves including gold n/a
$155B
2024
Total reserves ranking n/a
21/177
2024
Net foreign direct investment
-$1.02B
2023
-$5.13B
2024
Net inflows of foreign direct investment
$358M
2024
$11.7B
2024
Net outflows of foreign direct investment
$20.7M
2024
$6.61B
2024
Servicing debt to the IMF, % of GNI
1.94%
2024
6.67%
2024
Poverty at national poverty lines
41.2%
2021
13.6%
2023
Gross capital formation, % of GDP
22.1%
2024
30.7%
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/turkey | 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 (1936–1999, 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 (2020–2024, 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.