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Economy of Niger vs Zimbabwe compared: GDP & Debt

Updated on by Georank team

Niger has a GDP of $19.9B compared to $41.5B for Zimbabwe, ranking 130/197 and 102/197 by economy size, respectively.

Niger has $9.39B in government debt (47.2% of GDP), compared to $30.3B (73% of GDP) in Zimbabwe.

Niger vs Zimbabwe GDP by year

Niger
Zimbabwe
1x
Year GDP, current $
Niger Zimbabwe
2024 $19,876,128,486 $41,539,411,516
2023 $16,698,786,978 $35,871,779,681
2022 $15,433,852,712 $40,757,561,709
2021 $14,915,002,436 $41,287,673,690
2020 $13,744,653,103 $31,980,334,561
2019 $12,889,555,561 $33,357,695,635
2018 $12,837,307,497 $34,141,666,667
2017 $11,185,104,252 $51,035,657,371
2016 $10,398,861,982 $20,559,250,000
2015 $9,683,867,926 $19,973,250,000
2014 $10,862,943,544 $19,505,500,000
2013 $10,224,897,438 $19,100,750,000
2012 $9,426,912,648 $17,123,500,000
2011 $8,772,950,778 $14,109,000,000
2010 $7,851,192,502 $12,047,750,000
2009 $7,352,131,310 $9,670,750,000
2008 $7,297,600,226 $4,418,000,000
2007 $5,731,485,052 $5,294,750,000
2006 $4,756,361,252 $5,446,750,000
2005 $4,383,315,965 $5,758,250,000
2004 $3,760,443,738 $5,808,500,000
2003 $3,394,084,732 $5,730,500,000
2002 $2,782,192,879 $6,345,250,000
2001 $2,448,714,704 $6,780,750,000
2000 $2,241,753,193 $6,693,250,000
1999 $2,537,789,821 $6,861,500,000
1998 $2,643,363,519 $6,405,250,000
1997 $2,290,318,910 $8,534,000,000
1996 $2,405,686,940 $8,557,500,000
1995 $2,302,537,562 $7,115,000,000
1994 $1,938,058,175 $6,894,250,000
1993 $3,052,673,849 $6,567,250,000
1992 $3,386,232,579 $6,755,000,000
1991 $3,285,796,875 $8,646,000,000
1990 $3,512,356,508 $8,788,301,546
1989 $2,179,567,114 $8,290,553,535
1988 $2,280,356,193 $7,818,774,177
1987 $2,233,006,105 $6,744,657,033
1986 $1,904,096,998 $6,220,698,247
1985 $1,440,581,652 $5,640,137,575
1984 $1,461,243,326 $6,355,369,172
1983 $1,803,099,561 $7,768,031,182
1982 $2,017,612,216 $8,544,060,905
1981 $2,170,893,414 $8,015,464,252
1980 $2,508,524,721 $6,682,278,300
1979 $2,109,277,666 $5,180,102,910
1978 $1,774,365,590 $4,353,822,343
1977 $1,291,458,041 $4,366,610,469
1976 $1,064,517,601 $4,320,576,877
1975 $1,048,690,933 $4,373,532,601
1974 $1,026,137,111 $3,984,194,614
1973 $946,385,105 $3,311,043,292
1972 $742,779,661 $2,679,096,597
1971 $693,573,704 $2,179,828,710
1970 $649,916,621 $1,885,168,339
1969 $625,867,985 $1,748,891,294
1968 $641,214,226 $1,480,355,355
1967 $665,586,872 $1,397,715,282
1966 $702,296,079 $1,282,403,936
1965 $673,383,511 $1,312,105,394
1964 $582,816,396 $1,217,759,447
1963 $586,294,879 $1,160,103,724
1962 $531,736,599 $1,118,172,226
1961 $485,785,231 $1,097,206,526
1960 $449,526,873 $1,053,528,036

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

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

GDP per capita in Niger vs Zimbabwe by year

Niger
GDP per capita

GDP per capita, PPP
Zimbabwe
GDP per capita

GDP per capita, PPP
1x
Year Current $
Niger Zimbabwe
GDP per capita GDP per capita, PPP GDP per capita GDP per capita, PPP
2024 $735 $2,050 $2,497 $5,928
2023 $638 $1,875 $2,195 $5,791
2022 $610 $1,840 $2,536 $5,396
2021 $609 $1,586 $2,614 $4,827
2020 $580 $1,497 $2,060 $4,179
2019 $562 $1,419 $2,184 $4,166
2018 $579 $1,276 $2,271 $3,993
2017 $522 $1,208 $3,445 $10,756
2016 $503 $1,189 $1,408 $4,275
2015 $486 $1,172 $1,387 $4,046
2014 $565 $1,161 $1,373 $3,903
2013 $552 $1,138 $1,363 $3,784
2012 $529 $1,162 $1,239 $3,472
2011 $511 $1,064 $1,038 $3,047
2010 $474 $1,058 $902 $2,661
2009 $461 $999 $736 $2,233
2008 $475 $1,010 $341 $1,987
2007 $387 $955 $414 $2,396
2006 $333 $935 $431 $2,454
2005 $319 $888 $461 $2,496
2004 $283.5 $832 $470 $2,591
2003 $265.2 $837 $468 $2,708
2002 $225.3 $832 $525 $3,238
2001 $205.4 $809 $566 $3,533
2000 $194.8 $764 $563 $3,429
1999 $228.3 $783 $582 $3,491
1998 $246.1 $801 $552 $3,527
1997 $220.6 $745 $751 $3,457
1996 $239.5 $746 $767 $3,372
1995 $237 $757 $648 $3,051
1994 $206.2 $748 $634 $3,012
1993 $335 $742 $605 $2,703
1992 $384 $746 $631 $2,651
1991 $384 $738 $831 $2,930
1990 $424 $739 $867 $2,757
1989 $271.3 - $840 -
1988 $292.6 - $816 -
1987 $295.3 - $726 -
1986 $259.6 - $693 -
1985 $202.4 - $649 -
1984 $211.5 - $757 -
1983 $268.8 - $959 -
1982 $310 - $1,096 -
1981 $343 - $1,069 -
1980 $409 - $949 -
1979 $354 - $779 -
1978 $307 - $665 -
1977 $229.8 - $677 -
1976 $194.8 - $687 -
1975 $197.2 - $717 -
1974 $198.3 - $674 -
1973 $187.9 - $579 -
1972 $151.4 - $483 -
1971 $145.2 - $406 -
1970 $139.8 - $361 -
1969 $138.3 - $346 -
1968 $145.6 - $302 -
1967 $155.4 - $294.4 -
1966 $168.6 - $278.7 -
1965 $166.3 - $294.3 -
1964 $148.1 - $281.9 -
1963 $153.3 - $277.1 -
1962 $143.2 - $275.7 -
1961 $134.6 - $279.2 -
1960 $128.3 - $276.6 -

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

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

Niger's GDP per capita is $735, ranking 187/197, compared to $2,497 in Zimbabwe, ranking 148/197. Adjusted for purchasing power (GDP per capita PPP), Niger ranks 186th at $2,050, while Zimbabwe ranks 154th at $5,928.

Economic indicators

Niger Zimbabwe
Gross domestic product
$19.9B
2024
$41.5B
2024
GDP rank
130/197
2024
102/197
2024
GDP growth
10.3%
2023-2024
1.74%
2023-2024
GDP per capita
$735
2024
$2,497
2024
GDP per capita rank
187/197
2024
148/197
2024
GDP per capita, PPP
$2,050
2024
$5,928
2024
GDP per capita PPP rank
186/197
2024
154/197
2024
Government debt
$9.39B
2024
$30.3B
2024
Debt-to-GDP ratio
47.2%
2024
73%
2024
Government debt per person
$347
2024
$1,824
2024
Government debt per person rank
173/185
2024
121/185
2024
Average annual personal income after taxes
$1,163
2026
$2,897
2026
Market capitalization of domestic companies n/a
$2.46B
1999
Number of billionaires n/a
1
2025
Income share by richest 10%
27.8%
2021
40.5%
2019
Income share by poorest 10%
3.8%
2021
1.9%
2019
Government expenditure, % of GDP
13.4%
2024
12.9%
2024
Consumer prices inflation
9.07%
2023-2024
736%
2023-2024
Central bank interest rate n/a
35%
2024
Unemployment rate
0.4%
2022
12.1%
2024
Population
29080898
17361868

Spending and national debt comparison by year

Niger
Spending

Debt
Zimbabwe
Spending

Debt
1x
Year % of GDP
Niger Zimbabwe
Government spending Government debt Government spending Government debt
2024 13.4% 47.2% 12.9% 73%
2023 15.8% 51.8% 15.5% 76.1%
2022 21.6% 50.6% 14.4% 66.8%
2021 24.3% 51.3% 12.8% 39.9%
2020 22.4% 45% 9.27% 56.8%
2019 21.6% 39.8% 9.36% 53.9%
2018 21.2% 37% 13.9% 33%
2017 19.5% 36.5% 19.8% 49%
2016 19.4% 32.8% 16.6% 35.1%
2015 24.2% 29.9% 14.7% 34.1%
2014 23.6% 22.1% 14.1% 29.2%
2013 20.4% 19.6% 14.7% 26.4%
2012 16.6% 18.1% 14.6% 27.2%
2011 15.3% 14.7% 16.2% 30%
2010 14.3% 15.1% 12.8% 33.2%
2009 17.7% 15.9% 7.93% 39.7%
2008 16.9% 14.2% 2.54% 41.3%
2007 17.4% 17.8% 3.43% 30.2%
2006 15.2% 18.3% 5.72% 26.7%
2005 15.6% 49.5% 10.5% 22.4%
2004 16.1% 55% - -
2003 14% 60.6% - -
2002 14.4% 69% - -
2001 13.7% 74% - -
2000 13.5% 82.1% - -
1999 15% 63.3% - -
1998 13.6% 61.3% - -
1997 12.9% 69.1% - -
1996 10.9% 63.5% - -
1995 12.5% 69.4% - -

Data sources: International Monetary Fund (IMF) | Fiscal Monitor (1995–2024, retrieved 2026-02-20).

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

In 2024, Niger's government spending was $2.67B, accounting for 13.4% of its GDP, while Zimbabwe spent $5.37B, or 12.9% of GDP.

Debt-to-GDP ratio is 47.2% in Niger and 73% in Zimbabwe, ranking 114/185 and 50/185, respectively.

Government deficit by year

Deficit/surplus
Niger

Zimbabwe
1x
Year Deficit/surplus, % of GDP
Niger Zimbabwe
2024 -4.27% -1.06%
2023 -5.37% -3.9%
2022 -6.77% -3.3%
2021 -6.1% -2.24%
2020 -4.82% -0.34%
2019 -3.56% -1.72%
2018 -3.01% -3.81%
2017 -4.12% -7.37%
2016 -4.46% -4.63%
2015 -6.75% -1.45%
2014 -6.12% -0.71%
2013 -1.93% -0.69%
2012 -0.83% -0.13%
2011 -2.19% -1.72%
2010 -0.99% -0.11%
2009 -3.93% -1.39%
2008 1.11% -1.2%
2007 -0.75% -1.67%
2006 31% -1.4%
2005 -1.53% -3.46%
2004 -2.76% -
2003 -2.17% -
2002 -2.21% -
2001 -2.59% -
2000 -2.83% -
1999 -4.27% -
1998 -2.23% -
1997 -2.39% -
1996 -0.36% -
1995 -3.19% -

Data sources: International Monetary Fund (IMF) | Fiscal Monitor (1995–2024, retrieved 2026-02-20).

GeoRank.org/economy/niger/zimbabwe | 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 Zimbabwe's deficit of $438M, or 1.06% of GDP.

Over the past 20 years, Niger recorded a fiscal deficit in 18 of those years, while Zimbabwe ran a deficit in 20 years. On average, Niger posted an annual deficit equal to 1.77% of GDP, compared to deficit of 2.11% of GDP for Zimbabwe.

Inflation comparison by year

Inflation
Niger

Zimbabwe
1x
Year Consumer prices inflation
Niger Zimbabwe
2024 9.07% 736%
2023 3.7% 667%
2022 4.23% 193.4%
2021 3.84% 98.5%
2020 2.9% 557%
2019 -2.49% 255.3%
2018 2.97% 10.6%
2017 2.8% 0.9%
2016 1.65% -1.6%
2015 -0.58% -2.4%
2014 -0.93% -0.2%
2013 2.3% 1.6%
2012 0.46% 3.7%
2011 2.94% 3.5%
2010 0.8% 3%
2009 0.58% 6.2%
2008 11.3% 157%
2007 0.05% -72.7%
2006 0.04% 33%
2005 7.8% -31.5%
2004 0.26% 113.6%
2003 -1.61% -8.6%
2002 2.63% -34.4%
2001 4.01% -37.2%
2000 2.9% 4.5%
1999 -2.3% -13.4%
1998 4.55% -28%
1997 2.93% -1%

Data sources: International Monetary Fund (IMF) | World Economic Outlook (1997–2024, retrieved 2026-02-20); World Bank | Economy & Growth (1997–2024, retrieved 2026-04-06).

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

Over the past 28 years, Niger has recorded an average annual inflation rate of 2.39%, compared with 93.4% in Zimbabwe. In 2024, inflation was 9.07% in Niger and 736% in Zimbabwe.

Balance of trade

Niger Zimbabwe
Current account balance
-$2.33B
2023
$501M
2024
Current account balance ranking
146/190
2023
62/190
2024
Current account balance, % of GDP
-14%
2023
+1.21%
2024
Goods imports
$2.59B
2023
$9.06B
2024
Goods exports
$992M
2023
$7.79B
2024
Service imports
$1.22B
2023
$1.66B
2024
Service exports
$231M
2023
$457M
2024
Imports of goods and services, % of GDP
22.7%
2024
23.4%
2024
Exports of goods and services, % of GDP
27.3%
2024
18%
2024

Economic freedom indices

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

Niger Zimbabwe
Economic freedom 51 35.2
Economic freedom ranking 156/197 190/197
Property rights 16.6 19.4
Government integrity 33.9 20.7
Judicial effectiveness 28 16.8
Tax burden 78.2 73.6
Government spending 91.4 93.9
Fiscal health 47.6 52.4
Business freedom 32.4 42
Labor freedom 54.7 33.3
Monetary freedom 67.9 0
Trade freedom 65.8 50.4
Investment freedom 55 10
Financial freedom 40 10

Economic freedom comparison by year

Niger
Zimbabwe
1x
Year Economic freedom index
Niger Zimbabwe
2026 51 35.2
2025 51.5 35.1
2024 52.3 38.2
2023 53.7 39
2022 54.9 33.1
2021 57.3 39.5
2020 54.7 43.1
2019 51.6 40.4
2018 49.5 44
2017 50.8 44
2016 54.3 38.2
2015 54.6 37.6
2014 55.1 35.5
2013 53.9 28.6
2012 54.3 26.3
2011 54.3 22.1
2010 52.9 21.4
2009 53.8 22.7
2008 52.9 29.5
2007 53.2 32
2006 52.5 33.5
2005 54.1 35.2
2004 54.6 34.4
2003 54.2 36.7
2002 48.2 36.7
2001 48.9 38.8
2000 45.9 48.7
1999 48.6 47.2
1998 47.5 44.6
1997 46.6 48
1996 45.8 46.7
1995 - 48.5

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

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

The Economic Freedom Index for Niger is 51, ranking 156/197, compared to 35.2 for Zimbabwe, ranking 190/197. The chart above displays a comparison of annual changes in economic freedom indexes.

Other economic metrics

Niger Zimbabwe
Services, % of GDP
45%
2024
50.6%
2024
Industry, % of GDP
17.6%
2024
35%
2024
Agriculture, forestry, and fishing, % of GDP
34.5%
2024
8.69%
2024
GNI, Atlas method
$18.3B
2024
$39.9B
2024
GNI per capita, PPP
$2,030
2024
$5,870
2024
Total reserves including gold n/a
$485M
2024
Total reserves ranking n/a
157/177
2024
Net foreign direct investment
-$1.02B
2023
-$465M
2024
Net inflows of foreign direct investment
$358M
2024
$465M
2024
Net outflows of foreign direct investment
$20.7M
2024
$131M
2024
Servicing debt to the IMF, % of GNI
1.94%
2024
3.44%
2024
Poverty at national poverty lines
41.2%
2021
38.3%
2019
Gross capital formation, % of GDP
22.1%
2024
8.85%
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/zimbabwe | 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. The Heritage Foundation | Economic Freedom Index (1995–2026, retrieved 2026-03-09)
  4. U.S. Census Bureau (1985–2024, retrieved 2026-02-08)
  5. United Nations | World Population Prospects (2026, retrieved 2026-03-10)
  6. 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.