Niger - Economy

Изображение-2: 

GDP per capita – 411 US dollars (2018, at current prices, UNCTAD).
GDP – 9,2 bln US dollars (2018, at current prices, UNCTAD).
GDP - gross domestic product

Exports (marchandise) – 1,3 bln US Dollars (2018, at current prices, UNCTAD).
Imports (marchandise) – 2,2 bln US Dollars (2018, at current prices, UNCTAD).

Exports (services) – 254 mln US Dollars (2018, at current prices, UNCTAD).
Imports (services) – 1,1 bln US Dollars (2018, at current prices, UNCTAD).

Main export commodities - uranium ore, livestock, cowpeas, onions.
Main import commodities - foodstuffs, machinery, vehicles and parts, petroleum, cereals

Economy overview
Niger's most important export is uranium, accounting for some 30% of the country's exports by value. Since 2004 prices have soared. In 2006 Niger licensed three Chinese companies to prospect for further uranium. A small gold mine has opened and exports began in 2005, although its contribution to the economy is likely to be modest. The Malaysian state oil company, Petronas, struck oil in January 2005 on its Agadem concession but it is not yet clear if reserves will be sufficient to justify commercial production.
Apart from the mining sector, Niger is essentially an agricultural and pastoral economy http://www.fco.gov.uk/en/travel-and-living-abroad/travel-advice-by-count...
The agricultural economy is based largely upon internal markets, subsistence agriculture, and the export of raw commodities: food stuffs and cattle to neighbors http://en.wikipedia.org/wiki/Niger#Economy

Cyclical drought (worst in 1969, 1973/4, 1985 and 2004/5) and locust infestation (as in 2004), can have devastating effects on food production, animal husbandry and cash crops. The recent harvests have been good however. A main cash crop, cotton, suffers erratic production levels partly due to recurring drought and partly to depressed world prices. Niger, along with other countries in the Sahel, suffers persistent food insecurity. Niger's strategic cereal reserves had been wiped out by the prolonged drought in 2004/5. This had caused a major crisis by the middle of 2005, although the situation has now improved due to the international response and due to the improved harvest in the latter half of 2005.

President Tandja's government has embarked on an economic reform programme, supported by the IMF with whom he signed second a 3-year programme in February 2005, for some US$10 million, to support the country’s poverty reduction and growth strategy.
http://www.fco.gov.uk/en/travel-and-living-abroad/travel-advice-by-count...

The currency is CFA franc.
CFA - "Communaute Financiere Africaine" (African financial community). Frank CFA has been used since 1945.
Frank CFA (currency code XOF) is the single currency of the regional integration association – the West African Economic and Monetary Union (WAEMU, fr. – L’Union économique et monétaire ouest-africaine UEMOA).
WAEMU members - 8 countries, 7 French-speaking: Benin, Burkina Faso, Côte d'Ivoire, Mali, Niger, Senegal, Togo, 1 Portuguese-speaking: Guinea-Bissau.
The monetary policy of WAEMU is controlled by a regional bank – the Central Bank of the West African States (fr. Banque Centrale des États de l'Afrique de l'Ouest – BCEAO), headquartered in Dakar (Senegal); the franc CFA guarantor is the French treasury.
Frank CFA has a fixed exchange rate to the euro:
1 euro = 655,957 CFA francs.
Frank CFA exists in two variants, each with the same parity to the euro: the CFA franc for the countries of the West African Economic and Monetary Union (currency code XOF) and the CFA franc (currency code XAF) for the countries of the Central African Economic and Monetary Community (CEMAC), which consists of 6 members: Cameroon, Central African Republic, Chad, Republic of Congo, Equatorial Guinea, Gabon.
Although Central African CFA francs and West African CFA francs have the same monetary value against euro, West African CFA coins and banknotes are not accepted in countries using Central African CFA francs, and vice versa.