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Find all the economic and financial information on our Orishas Direct application to download on Play StoreNiger's GDP growth is expected at 5.6% in 2021. According to the International Monetary Fund (IMF), the economic outlook for the current year "remains favorable", as well as in the medium term.
Niger's real GDP growth is expected to rebound to 5.6% in 2021 as the economy recovers from the Covid-19 pandemic according to the IMF. According to the institution, growth is expected to accelerate in 2022 and reach double-digit levels in 2023, boosted by the operationalization of the new pipeline to Benin. The external current account is expected to deteriorate in the short term due to the implementation of large-scale projects with a high content of imported capital goods and intermediate goods, before improving significantly with oil exports from 2023. From 7.2% in 2018 and 5.9% in 2019, Niger's economic growth rate stood at 1.2% in 2020 under the effect of the crisis. Until then, the country was considered the most dynamic economy in West Africa.
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