Niger in: IMF Staff Country Reports Volume 2004 Issue 191 (2004)

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Niger

Statistical Annex

Author:

International Monetary Fund

International Monetary Fund
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Publication Date:: 08 Jul 2004

eISBN:: 9781451828641

Language:: English

Keywords:: ISCR; CR; Niger; production capacity; long-term credit; factor cost; central bank of West African States; reinsurance company; petroleum product; Centrale des Risques du Niger

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In recent years, the IMF has released a growing number of reports and other documents covering economic and financial developments and trends in member countries. Each report, prepared by a staff team after discussions with government officials, is published at the option of the member country.

Abstract

In recent years, the IMF has released a growing number of reports and other documents covering economic and financial developments and trends in member countries. Each report, prepared by a staff team after discussions with government officials, is published at the option of the member country.

Table 1.

Niger: Gross Domestic Product by Sector of Origin at Constant 1987 Prices, 1997-2003

(Annual change, in percent)

Sources: Ministry of Finance and Economy, and Fund staff estimates

Table 1.

Niger: Gross Domestic Product by Sector of Origin at Constant 1987 Prices, 1997-2003

(Annual change, in percent)

		1997	1998	1999	2000	2001	2002	2003 Est.
Rural sector		2.6	21.1	-5.0	-8.4	13.2	1.9	6.1
	Agriculture	1.4	37.0	-10.0	-15.9	22.0	0.8	8.6
	Livestock	3.6	3.9	1.5	0.4	3.0	2.5	3.0
	Forestry and fishing	5.0	2.8	5.0	3.7	6.7	5.7	3.2
Mining		2.3	2.7	-1.2	0.1	0.7	1.3	1.3
Industry, energy, and handicrafts		3.9	3.2	4.1	2.6	3.1	3.5	5.1
	Manufacturing industries and handicrafts	4.7	3.7	4.3	3.3	3.4	3.4	4.9
	Electricity and water	1.8	2.0	3.5	0.5	2.3	3.7	5.8
Construction and public works		5.6	3.0	5.0	7.3	5.7	6.1	7.2
Commerce, transport, and services		3.1	4.7	3.5	4.8	4.2	4.4	6.0
	Commerce	2.1	5.7	5.1	6.4	4.7	5.0	5.7
	Transport	4.6	3.6	1.9	3.4	5.3	5.3	8.0
	Services	4.1	3.6	1.6	2.6	2.8	2.8	5.6
Government		0.1	0.3	0.0	-0.1	0.8	1.6	1.0
	GDP at factor cost	2.7	10.5	-0.7	-1.6	7.1	2.9	5.3
Import taxes and duties		7.7	7.0	7.1	8.0	8.1	8.1	7.0
GDP at market prices		2.8	10.4	-0.6	-1.4	7.1	3.0	5.3
Modern sector		2.8	2.6	0.4	1.8	2.6	3.2	3.9
Traditional sector		2.7	13.4	-0.9	-2.5	8.7	2.9	5.8

Sources: Ministry of Finance and Economy, and Fund staff estimates

Table 1.

Niger: Gross Domestic Product by Sector of Origin at Constant 1987 Prices, 1997-2003

(Annual change, in percent)

		1997	1998	1999	2000	2001	2002	2003 Est.
Rural sector		2.6	21.1	-5.0	-8.4	13.2	1.9	6.1
	Agriculture	1.4	37.0	-10.0	-15.9	22.0	0.8	8.6
	Livestock	3.6	3.9	1.5	0.4	3.0	2.5	3.0
	Forestry and fishing	5.0	2.8	5.0	3.7	6.7	5.7	3.2
Mining		2.3	2.7	-1.2	0.1	0.7	1.3	1.3
Industry, energy, and handicrafts		3.9	3.2	4.1	2.6	3.1	3.5	5.1
	Manufacturing industries and handicrafts	4.7	3.7	4.3	3.3	3.4	3.4	4.9
	Electricity and water	1.8	2.0	3.5	0.5	2.3	3.7	5.8
Construction and public works		5.6	3.0	5.0	7.3	5.7	6.1	7.2
Commerce, transport, and services		3.1	4.7	3.5	4.8	4.2	4.4	6.0
	Commerce	2.1	5.7	5.1	6.4	4.7	5.0	5.7
	Transport	4.6	3.6	1.9	3.4	5.3	5.3	8.0
	Services	4.1	3.6	1.6	2.6	2.8	2.8	5.6
Government		0.1	0.3	0.0	-0.1	0.8	1.6	1.0
	GDP at factor cost	2.7	10.5	-0.7	-1.6	7.1	2.9	5.3
Import taxes and duties		7.7	7.0	7.1	8.0	8.1	8.1	7.0
GDP at market prices		2.8	10.4	-0.6	-1.4	7.1	3.0	5.3
Modern sector		2.8	2.6	0.4	1.8	2.6	3.2	3.9
Traditional sector		2.7	13.4	-0.9	-2.5	8.7	2.9	5.8

Sources: Ministry of Finance and Economy, and Fund staff estimates

Table 2.

Niger: Gross Domestic Product by Sector at Current Market Prices, 1997-2003

(In billions of CFA francs)

Sources: Ministry of Finance and Economy, and Fund staff estimates

Table 2.

Niger: Gross Domestic Product by Sector at Current Market Prices, 1997-2003

(In billions of CFA francs)

			1997	1998	1999	2000	2001	2002	2003
Rural sector			418.7	522.2	506.1	484.4	570.4	598.6	632.8
	Agriculture		219.2	309.3	283.9	249.5	316.6	328.5	355.5
	Livestock		152.7	163.3	169.1	177.4	190.0	200.6	205.8
	Forestry and fishing		46.8	49.6	53.1	57.6	63.9	69.5	71.5
Mining			78.4	83.0	83.6	87.5	91.6	95.6	96.5
Industry, energy, and handicrafts			95.7	101.8	108.1	115.8	124.2	132.4	138.7
	Manufacturing industries and handicrafts		71.0	75.8	80.7	87.0	93.6	99.7	104.2
	Electricity and water		24.7	26.0	27.4	28.8	30.6	32.7	34.5
Construction and public works			18.9	20.0	21.5	24.1	26.5	29.0	30.9
Commerce, transport, and services			344.2	371.4	392.2	429.4	465.2	500.2	528.3
	Commerce		182.6	198.9	213.2	237.1	258.1	279.1	294.0
	Transport		50.9	54.3	56.4	60.9	66.7	72.4	77.9
	Services		110.7	118.2	122.6	131.4	140.4	148.7	156.5
Government			99.6	102.9	105.0	109.6	114.9	120.2	121.0
		GDP at factor cost	1055.5	1201.3	1216.5	1250.9	1392.9	1476.0	1548.2
Import taxes and duties			21.7	23.9	26.1	29.5	33.1	36.9	39.3
GDP at current market prices			1077.2	1225.2	1242.6	1280.4	1426.0	1512.8	1587.5
	Annual rate of growth (percent)		5.9	13.7	1.4	3.0	11.4	6.1	4.9
Modern sector			294.0	310.7	318.2	338.6	361.1	383.9	397.3
	Annual rate of growth (percent)		6.0	5.7	2.4	6.4	6.7	6.3	3.5
Traditional sector			783.2	914.4	924.4	941.8	1064.9	1129.0	1190.2
	Annual rate of growth (percent)		5.9	16.8	1.1	1.9	13.1	6.0	5.4

Sources: Ministry of Finance and Economy, and Fund staff estimates

Table 2.

Niger: Gross Domestic Product by Sector at Current Market Prices, 1997-2003

(In billions of CFA francs)

			1997	1998	1999	2000	2001	2002	2003
Rural sector			418.7	522.2	506.1	484.4	570.4	598.6	632.8
	Agriculture		219.2	309.3	283.9	249.5	316.6	328.5	355.5
	Livestock		152.7	163.3	169.1	177.4	190.0	200.6	205.8
	Forestry and fishing		46.8	49.6	53.1	57.6	63.9	69.5	71.5
Mining			78.4	83.0	83.6	87.5	91.6	95.6	96.5
Industry, energy, and handicrafts			95.7	101.8	108.1	115.8	124.2	132.4	138.7
	Manufacturing industries and handicrafts		71.0	75.8	80.7	87.0	93.6	99.7	104.2
	Electricity and water		24.7	26.0	27.4	28.8	30.6	32.7	34.5
Construction and public works			18.9	20.0	21.5	24.1	26.5	29.0	30.9
Commerce, transport, and services			344.2	371.4	392.2	429.4	465.2	500.2	528.3
	Commerce		182.6	198.9	213.2	237.1	258.1	279.1	294.0
	Transport		50.9	54.3	56.4	60.9	66.7	72.4	77.9
	Services		110.7	118.2	122.6	131.4	140.4	148.7	156.5
Government			99.6	102.9	105.0	109.6	114.9	120.2	121.0
		GDP at factor cost	1055.5	1201.3	1216.5	1250.9	1392.9	1476.0	1548.2
Import taxes and duties			21.7	23.9	26.1	29.5	33.1	36.9	39.3
GDP at current market prices			1077.2	1225.2	1242.6	1280.4	1426.0	1512.8	1587.5
	Annual rate of growth (percent)		5.9	13.7	1.4	3.0	11.4	6.1	4.9
Modern sector			294.0	310.7	318.2	338.6	361.1	383.9	397.3
	Annual rate of growth (percent)		6.0	5.7	2.4	6.4	6.7	6.3	3.5
Traditional sector			783.2	914.4	924.4	941.8	1064.9	1129.0	1190.2
	Annual rate of growth (percent)		5.9	16.8	1.1	1.9	13.1	6.0	5.4

Sources: Ministry of Finance and Economy, and Fund staff estimates

Table 3.

Niger: Gross Domestic Product of the Modern Sector at Current Market Prices, 1997-2003

(In billions of CFA francs)

Sources: Ministry of Finance and Economy, and Fund staff estimates

Table 3.

Niger: Gross Domestic Product of the Modern Sector at Current Market Prices, 1997-2003

(In billions of CFA francs)

		1997	1998	1999	2000	2001	2002	2003
Mining		69.0	73.0	73.0	75.8	79.3	82.7	83.3
Manufacturing industries		11.4	12.0	12.6	14.5	15.9	17.3	18.4
Electricity and water		24.7	26.0	27.4	28.8	30.6	32.7	34.5
Construction and public works		7.6	8.4	9.0	10.6	11.9	13.4	14.4
Commerce and hotels		20.5	22.4	22.4	23.9	26.2	28.3	30.3
Transport		26.1	27.8	27.8	30.2	32.7	35.0	37.7
Services		13.3	14.3	14.9	15.6	16.5	17.3	18.4
	Total (excluding government)	172.7	183.9	187.1	199.5	213.1	226.7	237.0
Government		99.6	102.9	105.0	109.6	114.9	120.2	121.0
Import taxes and duties		21.7	23.9	26.1	29.5	33.1	36.9	39.3
	Total	294.0	310.7	318.2	338.6	361.1	383.9	397.3

Sources: Ministry of Finance and Economy, and Fund staff estimates

Table 3.

Niger: Gross Domestic Product of the Modern Sector at Current Market Prices, 1997-2003

(In billions of CFA francs)

		1997	1998	1999	2000	2001	2002	2003
Mining		69.0	73.0	73.0	75.8	79.3	82.7	83.3
Manufacturing industries		11.4	12.0	12.6	14.5	15.9	17.3	18.4
Electricity and water		24.7	26.0	27.4	28.8	30.6	32.7	34.5
Construction and public works		7.6	8.4	9.0	10.6	11.9	13.4	14.4
Commerce and hotels		20.5	22.4	22.4	23.9	26.2	28.3	30.3
Transport		26.1	27.8	27.8	30.2	32.7	35.0	37.7
Services		13.3	14.3	14.9	15.6	16.5	17.3	18.4
	Total (excluding government)	172.7	183.9	187.1	199.5	213.1	226.7	237.0
Government		99.6	102.9	105.0	109.6	114.9	120.2	121.0
Import taxes and duties		21.7	23.9	26.1	29.5	33.1	36.9	39.3
	Total	294.0	310.7	318.2	338.6	361.1	383.9	397.3

Sources: Ministry of Finance and Economy, and Fund staff estimates

Table 4.

Niger: Gross Domestic Product of the Traditional Sector at Current Market Prices, 1997-2003

(In billions of CFA francs)

Sources: Ministry of Finance and Economy, and Fund staff estimates

^{^1/}Agriculture, livestock, and forestry and fishing.

Table 4.

Niger: Gross Domestic Product of the Traditional Sector at Current Market Prices, 1997-2003

(In billions of CFA francs)

		1997	1998	1999	2000	2001	2002	2003
Agriculture		219.2	309.3	283.9	249.5	316.6	328.5	355.5
Livestock		152.7	163.3	169.1	177.4	190.0	200.6	205.8
Forestry and fishing		46.8	49.6	53.1	57.6	63.9	69.5	71.5
Mining and quarries		9.4	9.9	10.6	11.7	12.4	12.8	13.2
Artisanal activities		59.6	63.8	68.0	72.5	77.7	82.4	85.8
Construction and public works		11.3	11.7	12.5	13.5	14.5	15.6	16.5
Commerce and hotels		162.1	176.5	190.8	213.2	231.9	250.8	263.6
Transport		24.8	26.4	28.6	30.7	34.0	37.3	40.2
Services		97.4	103.9	107.7	115.8	124.0	131.4	138.1
	Total	783.2	914.4	924.4	941.8	1064.9	1129.0	1190.2
	Total (excluding rural sector)¹	364.6	392.3	418.3	457.4	494.4	530.3	557.4

Sources: Ministry of Finance and Economy, and Fund staff estimates

^{^1/}Agriculture, livestock, and forestry and fishing.

Table 4.

Niger: Gross Domestic Product of the Traditional Sector at Current Market Prices, 1997-2003

(In billions of CFA francs)

		1997	1998	1999	2000	2001	2002	2003
Agriculture		219.2	309.3	283.9	249.5	316.6	328.5	355.5
Livestock		152.7	163.3	169.1	177.4	190.0	200.6	205.8
Forestry and fishing		46.8	49.6	53.1	57.6	63.9	69.5	71.5
Mining and quarries		9.4	9.9	10.6	11.7	12.4	12.8	13.2
Artisanal activities		59.6	63.8	68.0	72.5	77.7	82.4	85.8
Construction and public works		11.3	11.7	12.5	13.5	14.5	15.6	16.5
Commerce and hotels		162.1	176.5	190.8	213.2	231.9	250.8	263.6
Transport		24.8	26.4	28.6	30.7	34.0	37.3	40.2
Services		97.4	103.9	107.7	115.8	124.0	131.4	138.1
	Total	783.2	914.4	924.4	941.8	1064.9	1129.0	1190.2
	Total (excluding rural sector)¹	364.6	392.3	418.3	457.4	494.4	530.3	557.4

Sources: Ministry of Finance and Economy, and Fund staff estimates

^{^1/}Agriculture, livestock, and forestry and fishing.

Table 5.

Niger: Gross Domestic Product at Constant 1987 Prices, 1997-2003

(In billions of CFA francs, unless otherwise indicated)

Sources: Ministry of Finance and Economy, and Fund staff estimates

Table 5.

Niger: Gross Domestic Product at Constant 1987 Prices, 1997-2003

(In billions of CFA francs, unless otherwise indicated)

			1997	1998	1999	2000	2001	2002	2003
Rural sector			306.3	370.8	352.4	322.8	365.5	372.4	395.1
	Agriculture		160.3	219.7	197.7	166.3	202.8	204.4	221.9
	Livestock		111.7	116.0	117.7	118.2	121.7	124.8	128.5
	Forestry and fishing		34.3	35.2	37.0	38.3	40.9	43.2	44.6
Mining			57.4	58.9	58.2	58.3	58.7	59.4	60.2
Industry, energy, and handicrafts			70.0	72.3	75.2	77.2	79.6	82.3	86.6
	Manufacturing industries and handicrafts		51.9	53.8	56.2	58.0	60.0	62.0	65.1
	Electricity, gas, and water		18.1	18.4	19.1	19.2	19.6	20.3	21.5
Construction and public works			13.8	14.2	15.0	16.0	17.0	18.0	19.3
Commerce, transport, and services			251.8	263.8	273.1	286.1	298.1	311.1	329.8
	Commerce		133.6	141.3	148.5	158.0	165.4	173.6	183.5
	Transport		37.2	38.5	39.3	40.6	42.7	45.0	48.6
	Services		81.0	84.0	85.4	87.5	90.0	92.5	97.7
Government			72.9	73.1	73.1	73.0	73.6	74.8	75.5
		GDP at factor cost	772.2	853.2	847.0	833.5	892.4	918.1	966.6
Import taxes and duties			15.9	17.0	18.2	19.6	21.2	22.9	24.5
GDP at constant 1987 market prices			788.0	870.1	865.2	853.1	913.6	941.0	991.1
		Annual rate of growth (percent)	2.8	10.4	-0.6	-1.4	7.1	3.0	5.3
Modern sector			215.1	220.7	221.6	225.6	231.3	238.8	248.0
		Annual rate of growth (percent)	2.8	2.6	0.4	1.8	2.6	3.2	3.9
Traditional sector			572.9	649.5	643.6	627.5	682.3	702.3	743.1
		Annual rate of growth (percent)	2.7	13.4	-0.9	-2.5	8.7	2.9	5.8
GDP deflator (1987=100)			136.7	140.8	143.6	150.1	156.1	160.8	160.2
		Annual rate of growth (percent)	3.1	3.0	2.0	4.5	4.0	3.0	-0.4

Sources: Ministry of Finance and Economy, and Fund staff estimates

Table 5.

Niger: Gross Domestic Product at Constant 1987 Prices, 1997-2003

(In billions of CFA francs, unless otherwise indicated)

			1997	1998	1999	2000	2001	2002	2003
Rural sector			306.3	370.8	352.4	322.8	365.5	372.4	395.1
	Agriculture		160.3	219.7	197.7	166.3	202.8	204.4	221.9
	Livestock		111.7	116.0	117.7	118.2	121.7	124.8	128.5
	Forestry and fishing		34.3	35.2	37.0	38.3	40.9	43.2	44.6
Mining			57.4	58.9	58.2	58.3	58.7	59.4	60.2
Industry, energy, and handicrafts			70.0	72.3	75.2	77.2	79.6	82.3	86.6
	Manufacturing industries and handicrafts		51.9	53.8	56.2	58.0	60.0	62.0	65.1
	Electricity, gas, and water		18.1	18.4	19.1	19.2	19.6	20.3	21.5
Construction and public works			13.8	14.2	15.0	16.0	17.0	18.0	19.3
Commerce, transport, and services			251.8	263.8	273.1	286.1	298.1	311.1	329.8
	Commerce		133.6	141.3	148.5	158.0	165.4	173.6	183.5
	Transport		37.2	38.5	39.3	40.6	42.7	45.0	48.6
	Services		81.0	84.0	85.4	87.5	90.0	92.5	97.7
Government			72.9	73.1	73.1	73.0	73.6	74.8	75.5
		GDP at factor cost	772.2	853.2	847.0	833.5	892.4	918.1	966.6
Import taxes and duties			15.9	17.0	18.2	19.6	21.2	22.9	24.5
GDP at constant 1987 market prices			788.0	870.1	865.2	853.1	913.6	941.0	991.1
		Annual rate of growth (percent)	2.8	10.4	-0.6	-1.4	7.1	3.0	5.3
Modern sector			215.1	220.7	221.6	225.6	231.3	238.8	248.0
		Annual rate of growth (percent)	2.8	2.6	0.4	1.8	2.6	3.2	3.9
Traditional sector			572.9	649.5	643.6	627.5	682.3	702.3	743.1
		Annual rate of growth (percent)	2.7	13.4	-0.9	-2.5	8.7	2.9	5.8
GDP deflator (1987=100)			136.7	140.8	143.6	150.1	156.1	160.8	160.2
		Annual rate of growth (percent)	3.1	3.0	2.0	4.5	4.0	3.0	-0.4

Sources: Ministry of Finance and Economy, and Fund staff estimates

Table 6.

Niger: Supply and Use of Resources at Current Market Prices, 1997-2003

(In billions of CFA francs, unless otherwise indicated)

Sources: Ministry of Finance and Economy; and Fund staff estimates.

Table 6.

Niger: Supply and Use of Resources at Current Market Prices, 1997-2003

(In billions of CFA francs, unless otherwise indicated)

				1997	1998	1999	2000	2001	2002	2003
Supply of resources				1342.7	1547.6	1531.3	1609.3	1776.9	1877.6	1987.4
	Gross domestic product			1077.2	1225.2	1242.6	1280.4	1426.0	1512.8	1587.5
	Imports of goods and nonfactor services			265.4	322.5	288.7	329.0	351.0	364.8	399.9
Use of resources				1342.7	1547.6	1531.3	1609.3	1776.9	1877.6	1987.4
	Consumption			1044.4	1190.6	1194.1	1235.0	1362.8	1433.0	1507.8
		Private		892.8	1023.3	994.9	1068.1	1186.2	1247.9	1328.9
		Public		151.6	167.3	199.3	167.0	176.6	185.1	178.8
	Gross domestic investment			117.0	139.1	139.5	146.4	172.8	214.5	225.2
		Gross fixed investment		114.0	136.1	136.5	143.4	169.8	211.5	222.2
			Private	51.6	56.5	45.0	59.5	68.4	78.7	90.5
			Public	62.4	79.6	91.5	83.9	101.4	132.8	131.7
		Changes in stocks		3.0	3.0	3.0	3.0	3.0	3.0	3.0
	Exports of goods and nonfactor services			181.2	217.9	197.6	227.9	241.3	230.0	254.5
Resource gap (deficit -)				-84.2	-104.6	-91.1	-101.1	-109.6	-134.7	-145.5
	As percent of GDP			-7.8	-8.5	-7.3	-7.9	-7.7	-8.9	-9.2
Domestic savings				1.6	14.2	-7.6	11.9	28.9	52.0	51.5
	As percent of GDP			0.2	1.2	-0.6	0.9	2.0	3.4	3.2
Memorandum items:
	Net factor income from abroad			-16.8	-13.9	-11.81	-14.33	-13.6	-13.6	-7.9
	Current account balance (incl. grants)			-77.9	-89.9	-84.6	-79.1	-67.9	-99.0	-98.7
	Gross national income			1060.4	1211.3	1230.8	1266.0	1412.4	1499.2	1579.6
	Gross national Saving			38.2	54.9	58.7	67.3	104.9	115.5	126.4

Sources: Ministry of Finance and Economy; and Fund staff estimates.

Table 6.

Niger: Supply and Use of Resources at Current Market Prices, 1997-2003

(In billions of CFA francs, unless otherwise indicated)

				1997	1998	1999	2000	2001	2002	2003
Supply of resources				1342.7	1547.6	1531.3	1609.3	1776.9	1877.6	1987.4
	Gross domestic product			1077.2	1225.2	1242.6	1280.4	1426.0	1512.8	1587.5
	Imports of goods and nonfactor services			265.4	322.5	288.7	329.0	351.0	364.8	399.9
Use of resources				1342.7	1547.6	1531.3	1609.3	1776.9	1877.6	1987.4
	Consumption			1044.4	1190.6	1194.1	1235.0	1362.8	1433.0	1507.8
		Private		892.8	1023.3	994.9	1068.1	1186.2	1247.9	1328.9
		Public		151.6	167.3	199.3	167.0	176.6	185.1	178.8
	Gross domestic investment			117.0	139.1	139.5	146.4	172.8	214.5	225.2
		Gross fixed investment		114.0	136.1	136.5	143.4	169.8	211.5	222.2
			Private	51.6	56.5	45.0	59.5	68.4	78.7	90.5
			Public	62.4	79.6	91.5	83.9	101.4	132.8	131.7
		Changes in stocks		3.0	3.0	3.0	3.0	3.0	3.0	3.0
	Exports of goods and nonfactor services			181.2	217.9	197.6	227.9	241.3	230.0	254.5
Resource gap (deficit -)				-84.2	-104.6	-91.1	-101.1	-109.6	-134.7	-145.5
	As percent of GDP			-7.8	-8.5	-7.3	-7.9	-7.7	-8.9	-9.2
Domestic savings				1.6	14.2	-7.6	11.9	28.9	52.0	51.5
	As percent of GDP			0.2	1.2	-0.6	0.9	2.0	3.4	3.2
Memorandum items:
	Net factor income from abroad			-16.8	-13.9	-11.81	-14.33	-13.6	-13.6	-7.9
	Current account balance (incl. grants)			-77.9	-89.9	-84.6	-79.1	-67.9	-99.0	-98.7
	Gross national income			1060.4	1211.3	1230.8	1266.0	1412.4	1499.2	1579.6
	Gross national Saving			38.2	54.9	58.7	67.3	104.9	115.5	126.4

Sources: Ministry of Finance and Economy; and Fund staff estimates.

Table 7.

Niger: Production, Marketing, and Exports of Agricultural Products, 1996/97-2000/2003 ^1/

(In thousands of metric tons)

Sources: Ministry of Agriculture and Livestock (production data); Office des Produits Vivriers du Niger (OPVN); Ministry of Commerce, Transport, and Tourism (export data); and Fund staff estimates.

^{^1/}Crop year: October 1- September 30.

Table 7.

Niger: Production, Marketing, and Exports of Agricultural Products, 1996/97-2000/2003 ^1/

(In thousands of metric tons)

		1996/97	1997/98	1998/99	1999/00	2000/01	2001/02	2002/03
Millet
	Production	1761.1	1351.9	2391.0	2296.2	1679	2358.7	2567.2
Sorghum
	Production	408.3	289.7	501.4	476.1	371	663.6	669.7
Cowpeas
	Production	295.2	192.5	774.6	420.7	263	509.5	654.2
	Exports	35.0	33.0	19.7	20.4	19.9	7.0	14.2
Groundnuts (unshelled)
	Production	196.0	87.9	99.0	103.7	113.2	82.0	153.7
Rice
	Production	60.0	64.4	55.1	60.5	60	75.1	79.9
Cotton (unginned)
	Production	14.0	10.4	13.0		24	2.7	8.3
	Exports (ginned)	…	0.1	2.1	1.3 …….

Sources: Ministry of Agriculture and Livestock (production data); Office des Produits Vivriers du Niger (OPVN); Ministry of Commerce, Transport, and Tourism (export data); and Fund staff estimates.

^{^1/}Crop year: October 1- September 30.

Table 7.

Niger: Production, Marketing, and Exports of Agricultural Products, 1996/97-2000/2003 ^1/

(In thousands of metric tons)

		1996/97	1997/98	1998/99	1999/00	2000/01	2001/02	2002/03
Millet
	Production	1761.1	1351.9	2391.0	2296.2	1679	2358.7	2567.2
Sorghum
	Production	408.3	289.7	501.4	476.1	371	663.6	669.7
Cowpeas
	Production	295.2	192.5	774.6	420.7	263	509.5	654.2
	Exports	35.0	33.0	19.7	20.4	19.9	7.0	14.2
Groundnuts (unshelled)
	Production	196.0	87.9	99.0	103.7	113.2	82.0	153.7
Rice
	Production	60.0	64.4	55.1	60.5	60	75.1	79.9
Cotton (unginned)
	Production	14.0	10.4	13.0		24	2.7	8.3
	Exports (ginned)	…	0.1	2.1	1.3 …….

Sources: Ministry of Agriculture and Livestock (production data); Office des Produits Vivriers du Niger (OPVN); Ministry of Commerce, Transport, and Tourism (export data); and Fund staff estimates.

^{^1/}Crop year: October 1- September 30.

Table 8.

Niger: Area under Cultivation and Yield of Principal Crops, 1997/98-2002/2003 ^1/

Sources: Ministry of Agriculture and Livestock; and Fund staff estimates.

^{^1/}Crop year: October 1-September 30.

Table 8.

Niger: Area under Cultivation and Yield of Principal Crops, 1997/98-2002/2003 ^1/

			1997/98	1998/99	1999/00	2000/01	2001/02	2002/03
			(In thousands of hectares)
Area under cultivation
	Principal food crops
		Millet	4,504	5,361	5,351	5,151	5,212	5,576
		Sorghum	1,833	2,241	2,099	2,156	2,604	2,240
		Rice	14	13	15	18	25	24
	Principal cash crops
		Cowpeas	3,296	3,636	3,794	3,846	3,512	3,845
		Groundnuts (unshelled)	233.0	230.0	250	360	192	335
		Cotton (unginned)	12.0	12.0	3	6	3.9	5.1
			(in Kilograms, per hectare)
Average yields
	Principal food crops
		Millet	300	446	429	326	455	460
		Sorghum	158	224	227	172	255	299
		Rice	4,568	4295	4,111	3,313	3,049	3,352
Principal cash crops
		Cowpeas	58	213	111	68	145	170
		Groundnuts (unshelled)	378	431	415	314	426	460
		Cotton (unginned)	904	1,111	1,050	435	697	1,607

Sources: Ministry of Agriculture and Livestock; and Fund staff estimates.

^{^1/}Crop year: October 1-September 30.

Table 8.

Niger: Area under Cultivation and Yield of Principal Crops, 1997/98-2002/2003 ^1/

			1997/98	1998/99	1999/00	2000/01	2001/02	2002/03
			(In thousands of hectares)
Area under cultivation
	Principal food crops
		Millet	4,504	5,361	5,351	5,151	5,212	5,576
		Sorghum	1,833	2,241	2,099	2,156	2,604	2,240
		Rice	14	13	15	18	25	24
	Principal cash crops
		Cowpeas	3,296	3,636	3,794	3,846	3,512	3,845
		Groundnuts (unshelled)	233.0	230.0	250	360	192	335
		Cotton (unginned)	12.0	12.0	3	6	3.9	5.1
			(in Kilograms, per hectare)
Average yields
	Principal food crops
		Millet	300	446	429	326	455	460
		Sorghum	158	224	227	172	255	299
		Rice	4,568	4295	4,111	3,313	3,049	3,352
Principal cash crops
		Cowpeas	58	213	111	68	145	170
		Groundnuts (unshelled)	378	431	415	314	426	460
		Cotton (unginned)	904	1,111	1,050	435	697	1,607

Sources: Ministry of Agriculture and Livestock; and Fund staff estimates.

^{^1/}Crop year: October 1-September 30.

Table 9.

Niger: Cereal Production, Imports, and Consumption, 1997-2003 ¹

(In thousands of metric tons)

Sources: Ministry of Finance and Economy, Ministry of Agriculture and Livestock; Office des Produits Viviriers du Niger (OPVN); and Fund staff estimates.

^{^1/}Crop year: October 1 September 30.

Table 9.

Niger: Cereal Production, Imports, and Consumption, 1997-2003 ¹

(In thousands of metric tons)

			1997	1998	1999	2000	2001	2002	2003
Production			1,721	3,045	2,832	2319	3,110	3,338	3,575
Available supply from domestic production			1,451	2,570	2,474	1959	2,627	2,821	3,026
Initial stocks			8	26	258	389	19	35	126
Imports			601	204	209	353	303	320	268
Total supply			2,060	2,800	2,941	2701	2,949	3,176	3,421
Consumption			2,034	2,542	2,552	2507	2,695	2,786	2,993
Overall balance			26	258	389	194	254	390	427
	Of which: domestic balance		-583	28	-78	-548	-48	69	159
Final stocks			26	258	389	194	147	170	163
Memorandum items:
	Imports by OPVN		107.5	91.0	109.0	8.0	302.9	320.5	268.0
		Grants	49.0	45.0	14.0	8.0	7.9	0.5	8.0
		Commercial imports	58.5	46.0	95.0	0.0	295.0	320.0	260.0

Sources: Ministry of Finance and Economy, Ministry of Agriculture and Livestock; Office des Produits Viviriers du Niger (OPVN); and Fund staff estimates.

^{^1/}Crop year: October 1 September 30.

Table 9.

Niger: Cereal Production, Imports, and Consumption, 1997-2003 ¹

(In thousands of metric tons)

			1997	1998	1999	2000	2001	2002	2003
Production			1,721	3,045	2,832	2319	3,110	3,338	3,575
Available supply from domestic production			1,451	2,570	2,474	1959	2,627	2,821	3,026
Initial stocks			8	26	258	389	19	35	126
Imports			601	204	209	353	303	320	268
Total supply			2,060	2,800	2,941	2701	2,949	3,176	3,421
Consumption			2,034	2,542	2,552	2507	2,695	2,786	2,993
Overall balance			26	258	389	194	254	390	427
	Of which: domestic balance		-583	28	-78	-548	-48	69	159
Final stocks			26	258	389	194	147	170	163
Memorandum items:
	Imports by OPVN		107.5	91.0	109.0	8.0	302.9	320.5	268.0
		Grants	49.0	45.0	14.0	8.0	7.9	0.5	8.0
		Commercial imports	58.5	46.0	95.0	0.0	295.0	320.0	260.0

Sources: Ministry of Finance and Economy, Ministry of Agriculture and Livestock; Office des Produits Viviriers du Niger (OPVN); and Fund staff estimates.

^{^1/}Crop year: October 1 September 30.

Table 10.

Niger: Size and Value of the Herd, 1997-2003

Sources: Ministry of Finance and Economy; and Fund staff estimates.

^{^1/}Mainly horses.

Table 10.

Niger: Size and Value of the Herd, 1997-2003

	1997	1998	1999	2000	2001	2002	2003
(In thousands of heads)
Cattle	3,210	3,274	3,339	3,406	3,474	3,544	3,615
Sheep	6,064	6,246	6,433	6,626	6,825	7,029	7,240
Goats	7,948	8,147	8,351	8,559	8,773	8,993	9,218
Camels	1,035	1,050	1,066	1,082	1,098	1,143	1,160
Other ¹	916	928	941	953	966	979	992
(In millions of CFA francs)
Cattle	239,273	225,191	258,917	327,595	334,147	405,635	413,748
Sheep	79,743	85,395	87,513	108,088	111,331	133,100	137,093
Goats	58,507	56,442	64,651	79,663	81,654	95,861	98,257
Camels	88,678	94,745	106,218	133,593	135,597	170,306	172,861
Other ¹	36,009	34,865	36,846	44,369	44,865	49,676	50,236

Sources: Ministry of Finance and Economy; and Fund staff estimates.

^{^1/}Mainly horses.

Table 10.

Niger: Size and Value of the Herd, 1997-2003

	1997	1998	1999	2000	2001	2002	2003
(In thousands of heads)
Cattle	3,210	3,274	3,339	3,406	3,474	3,544	3,615
Sheep	6,064	6,246	6,433	6,626	6,825	7,029	7,240
Goats	7,948	8,147	8,351	8,559	8,773	8,993	9,218
Camels	1,035	1,050	1,066	1,082	1,098	1,143	1,160
Other ¹	916	928	941	953	966	979	992
(In millions of CFA francs)
Cattle	239,273	225,191	258,917	327,595	334,147	405,635	413,748
Sheep	79,743	85,395	87,513	108,088	111,331	133,100	137,093
Goats	58,507	56,442	64,651	79,663	81,654	95,861	98,257
Camels	88,678	94,745	106,218	133,593	135,597	170,306	172,861
Other ¹	36,009	34,865	36,846	44,369	44,865	49,676	50,236

Sources: Ministry of Finance and Economy; and Fund staff estimates.

^{^1/}Mainly horses.

Table 11.

Niger: Production and Exports of the Uranium Sector, 1997-2003

Sources: Nigerien authorities; and Fund staff estimates.

^¹Data on the value of exports differ from those provided on the balance of payments series owing to differences in the timing of the recording of exports.

^²Value of stocks estimated on the basis of the unit value of exports during the year.

Table 11.

Niger: Production and Exports of the Uranium Sector, 1997-2003

		1997	1998	1999	2000	2001	2002	2003
		(In metric tons)
Production		3,492	3,713	2,916	2,898	2920	3072	3143
	SOMAIR (Société Minière de l’Air)	1,358	1,510	1,010	978	1008	1066	1126
	COMINAK (Companie Minière d’Akouta)	2,134	2,203	1,906	1,920	1912	2006	2017
Exports		3,321	3,399	2,960	2,950	2960	2960	3120
	SOMAIR	1,358	1,415	1,000	990	1000	1000	1160
	COMINAK	1,963	1,984	1,960	1,960	1,960	1,960	1,960
Change in stocks during the year (-decrease)		171	314	-44	-52	-40	112	23
Level of stocks at end of year		900	1,214	1,170	1,118	694	806	829
		(In millions of CFA francs, unless otherwise specified)
Prices (in CFA francs per kilogram)
	Minegate price	23,008	23,100	21,666	21328	21009	20820	20728
	Unit value of exports	23,000	22,500	22,000	21700	21300	21100	21000
Value of exports ¹
	Total	76,383	76,478	65,100	64015	63048	62456	65360
	Total (millions of U.S. dollars)	131.1	129.6	105.7	88.9	86.0	89.6	112.5
	Total (millions of SDRs)	95.2	95.6	72.6	69.7	67.6	69.2	80.4
Value of stocks ^1, ²
	Total	20,703	28,039	23,131	17680	13447	15081	16292
	Total (millions of U.S. dollars)	35.5	47.5	37.6	24.8	18.3	21.6	28.0
	Total (millions of SDRs)	25.8	35.1	25.8	19.3	14.4	16.7	20.0
Memorandum items:
	Average exchange rate (CFA francs per U.S. dollar)	582.4	590.0	615.7	712.0	733.0	697.0	581.2
	Average exchange rate (CFA francs per SDR)	802.0	800.0	896.2	918.5	933.2	902.5	813.0

Sources: Nigerien authorities; and Fund staff estimates.

^¹Data on the value of exports differ from those provided on the balance of payments series owing to differences in the timing of the recording of exports.

^²Value of stocks estimated on the basis of the unit value of exports during the year.

Table 11.

Niger: Production and Exports of the Uranium Sector, 1997-2003

		1997	1998	1999	2000	2001	2002	2003
		(In metric tons)
Production		3,492	3,713	2,916	2,898	2920	3072	3143
	SOMAIR (Société Minière de l’Air)	1,358	1,510	1,010	978	1008	1066	1126
	COMINAK (Companie Minière d’Akouta)	2,134	2,203	1,906	1,920	1912	2006	2017
Exports		3,321	3,399	2,960	2,950	2960	2960	3120
	SOMAIR	1,358	1,415	1,000	990	1000	1000	1160
	COMINAK	1,963	1,984	1,960	1,960	1,960	1,960	1,960
Change in stocks during the year (-decrease)		171	314	-44	-52	-40	112	23
Level of stocks at end of year		900	1,214	1,170	1,118	694	806	829
		(In millions of CFA francs, unless otherwise specified)
Prices (in CFA francs per kilogram)
	Minegate price	23,008	23,100	21,666	21328	21009	20820	20728
	Unit value of exports	23,000	22,500	22,000	21700	21300	21100	21000
Value of exports ¹
	Total	76,383	76,478	65,100	64015	63048	62456	65360
	Total (millions of U.S. dollars)	131.1	129.6	105.7	88.9	86.0	89.6	112.5
	Total (millions of SDRs)	95.2	95.6	72.6	69.7	67.6	69.2	80.4
Value of stocks ^1, ²
	Total	20,703	28,039	23,131	17680	13447	15081	16292
	Total (millions of U.S. dollars)	35.5	47.5	37.6	24.8	18.3	21.6	28.0
	Total (millions of SDRs)	25.8	35.1	25.8	19.3	14.4	16.7	20.0
Memorandum items:
	Average exchange rate (CFA francs per U.S. dollar)	582.4	590.0	615.7	712.0	733.0	697.0	581.2
	Average exchange rate (CFA francs per SDR)	802.0	800.0	896.2	918.5	933.2	902.5	813.0

Sources: Nigerien authorities; and Fund staff estimates.

^¹Data on the value of exports differ from those provided on the balance of payments series owing to differences in the timing of the recording of exports.

^²Value of stocks estimated on the basis of the unit value of exports during the year.

Table 12.

Niger: Turnover, Output and Value Added (VA) by the Industrial Sector, 1998-2002

(In percent of total)

Source: Ministry of Finance and Economy.

Table 12.

Niger: Turnover, Output and Value Added (VA) by the Industrial Sector, 1998-2002

(In percent of total)

	1998			1999			2000			2001			2002
	Turnover	Production	Value Added	Turnover	Production	Value Added	Turnover	Production	Value Added	Turnover	Production	Value Added	Turnover	Production	Value Added
Mining	21.1	32.3	24.8	16.2	27.4	18.3	15.3	25.8	21.9	10.9	19.6	18.8	11.0	17.5	17.6
Manufacturing industries	7.4	8.2	5.3	7.8	10.6	6.7	7.1	9.8	7.6	5.4	9.5	6.7	5.4	9.2	6.5
Electricity, gas, and water	9.0	10.2	13.1	9.5	10.8	12.5	9.2	10.5	10.5	6.5	11.8	11.8	6.0	13.1	11.3
Construction and public works	12.1	14.0	9.7	12.6	14.7	11.4	12.4	14.4	10.3	8.3	14.9	9.9	9.3	16.0	10.3
Wholesale and retail trade	36.6	14.1	16.2	39.4	15.1	18.1	39.4	15.6	17.7	53.2	17.3	16.4	53.7	17.4	16.4
Hotels and restaurants	1.2	1.8	1.8	1.4	2.1	2.0	1.1	1.5	1.6	1.3	2.0	2.4	1.3	1.9	2.4
Transport and communications	8.3	8.1	11.5	8.5	8.3	12.8	10.6	10.3	12.3	6.6	11.5	14.3	5.2	11.6	15.3
Banking, insurance and services	3.7	4.4	7.4	4.0	4.7	7.7	4.2	5	7.7	3.2	5.7	8.4	3.4	5.8	8.4
Services to community	0.7	6.9	10.2	0.7	6.4	10.5	0.7	7.1	10.4	4.6	7.7	11.4	4.7	7.6	11.8
Total	100.0	100.0	100.0	100.0	100.0	100.0	100.0	100.0	100.0	100.0	100.0	100.0	100.0	100.0	100.0

Source: Ministry of Finance and Economy.

Table 12.

Niger: Turnover, Output and Value Added (VA) by the Industrial Sector, 1998-2002

(In percent of total)

	1998			1999			2000			2001			2002
	Turnover	Production	Value Added	Turnover	Production	Value Added	Turnover	Production	Value Added	Turnover	Production	Value Added	Turnover	Production	Value Added
Mining	21.1	32.3	24.8	16.2	27.4	18.3	15.3	25.8	21.9	10.9	19.6	18.8	11.0	17.5	17.6
Manufacturing industries	7.4	8.2	5.3	7.8	10.6	6.7	7.1	9.8	7.6	5.4	9.5	6.7	5.4	9.2	6.5
Electricity, gas, and water	9.0	10.2	13.1	9.5	10.8	12.5	9.2	10.5	10.5	6.5	11.8	11.8	6.0	13.1	11.3
Construction and public works	12.1	14.0	9.7	12.6	14.7	11.4	12.4	14.4	10.3	8.3	14.9	9.9	9.3	16.0	10.3
Wholesale and retail trade	36.6	14.1	16.2	39.4	15.1	18.1	39.4	15.6	17.7	53.2	17.3	16.4	53.7	17.4	16.4
Hotels and restaurants	1.2	1.8	1.8	1.4	2.1	2.0	1.1	1.5	1.6	1.3	2.0	2.4	1.3	1.9	2.4
Transport and communications	8.3	8.1	11.5	8.5	8.3	12.8	10.6	10.3	12.3	6.6	11.5	14.3	5.2	11.6	15.3
Banking, insurance and services	3.7	4.4	7.4	4.0	4.7	7.7	4.2	5	7.7	3.2	5.7	8.4	3.4	5.8	8.4
Services to community	0.7	6.9	10.2	0.7	6.4	10.5	0.7	7.1	10.4	4.6	7.7	11.4	4.7	7.6	11.8
Total	100.0	100.0	100.0	100.0	100.0	100.0	100.0	100.0	100.0	100.0	100.0	100.0	100.0	100.0	100.0

Source: Ministry of Finance and Economy.

Table 13.

Niger: Production Capacity and Output of the Industrial Sector, 1997-2003

Source: Ministry of Finance and Economy

Table 13.

Niger: Production Capacity and Output of the Industrial Sector, 1997-2003

		1997	1998	1999	2000	2001	2002	2003
		(In thousands of metric tons)
Flour mills
	Production capacity	30	30	30	30	30	30	30
	Output	10	8.5	0	0	0	0	0
Rice processing mills
	Production capacity	25	29	29	29	29	35	35
	Rice processed	3.4	2.9	5.4	4.7	4.2	6.7	4.5
Cotton ginning
	Production capacity (unginned cotton)	12	12	24	24	24	24	24
	Unginned cotton processed	4.2	5.2	3	3.7	1.4	6.6
Cement
	Production capacity	40	40	40	40	40	60	60
	Output	36.2	32.8	33.5	33.1	47	54.7	63.7
Soap, manufacturing
	Production capacity	13	13	13	13	13	17	17
	Output	6.4	5.6	7.9	8.1	7.5	8.7	10.4
		(In millions of meters)
Textiles
	Production capacity	25	25	25	25	25	25	25
	Output	5.2	5.6	6.1	5.8	6.7	7	5.6
		(In thousands of bottles)
Brewery
	Production capacity	350	350	350	350	350	350	350
	Output	138.1	124.5	126.4	129.7	124.4	120.4	116.5

Source: Ministry of Finance and Economy

Table 13.

Niger: Production Capacity and Output of the Industrial Sector, 1997-2003

		1997	1998	1999	2000	2001	2002	2003
		(In thousands of metric tons)
Flour mills
	Production capacity	30	30	30	30	30	30	30
	Output	10	8.5	0	0	0	0	0
Rice processing mills
	Production capacity	25	29	29	29	29	35	35
	Rice processed	3.4	2.9	5.4	4.7	4.2	6.7	4.5
Cotton ginning
	Production capacity (unginned cotton)	12	12	24	24	24	24	24
	Unginned cotton processed	4.2	5.2	3	3.7	1.4	6.6
Cement
	Production capacity	40	40	40	40	40	60	60
	Output	36.2	32.8	33.5	33.1	47	54.7	63.7
Soap, manufacturing
	Production capacity	13	13	13	13	13	17	17
	Output	6.4	5.6	7.9	8.1	7.5	8.7	10.4
		(In millions of meters)
Textiles
	Production capacity	25	25	25	25	25	25	25
	Output	5.2	5.6	6.1	5.8	6.7	7	5.6
		(In thousands of bottles)
Brewery
	Production capacity	350	350	350	350	350	350	350
	Output	138.1	124.5	126.4	129.7	124.4	120.4	116.5

Source: Ministry of Finance and Economy

Table 14.

Niger: Production, Imports, Sales, and Prices of Electricity, 1997-2002

Sources: NIGELEC; and Fund staff estimates.

^{^1/}Unit prices are derived from the NIGELEC rate schedules and may not correspond to value and volume data.

Table 14.

Niger: Production, Imports, Sales, and Prices of Electricity, 1997-2002

				1997	1998	1999	2000	2001	2002
				(In millions of kilowatt-hours)
Volume
	Domestic production			186.3	185.8	195.9	199.2	39.6	45.8
		Of which: SONICHAR		152.5	158.9	138.7	134.9	12.24	13.62
	Imports			209.4	225.6	232.4	187.9	219.8	234.76
	Transmission losses			-25.3	-20.7	-23.4	-15.9	-22.6	-32.1
	Electricity sales			316.3	330.1	329.4	326.6	259.18	276.75
		Household usage		104.2	116.7	129.7	132.1	134.6	146.74
		Other low voltage		3.9	3.8	5.3	5.9	4.8	5.2
		Medium voltage		208.2	209.6	194.4	188.7	102.7	110.4
			Of which: mining sector	100.1	111.6	95.8	90.9
				(In millions of CFA francs)
Value
	Electricity sales			24639	25530	26789	19186	20501.7	22046
		Household usage		9054	10035	11189	11348	12513.4	13456
		Other low voltage		373	473	456	549	445.6	479
		Medium voltage		15212	15022	15144	7289	7572.7	8111
				(In CFA francs per kilowatt–hour)
Average unit prices ¹
	Low voltage			87	86	86.3	86.3	86	86
	Medium voltage			76.2	77.9	75.1	75.4	73.4	73.4

Sources: NIGELEC; and Fund staff estimates.

^{^1/}Unit prices are derived from the NIGELEC rate schedules and may not correspond to value and volume data.

Table 14.

Niger: Production, Imports, Sales, and Prices of Electricity, 1997-2002

				1997	1998	1999	2000	2001	2002
				(In millions of kilowatt-hours)
Volume
	Domestic production			186.3	185.8	195.9	199.2	39.6	45.8
		Of which: SONICHAR		152.5	158.9	138.7	134.9	12.24	13.62
	Imports			209.4	225.6	232.4	187.9	219.8	234.76
	Transmission losses			-25.3	-20.7	-23.4	-15.9	-22.6	-32.1
	Electricity sales			316.3	330.1	329.4	326.6	259.18	276.75
		Household usage		104.2	116.7	129.7	132.1	134.6	146.74
		Other low voltage		3.9	3.8	5.3	5.9	4.8	5.2
		Medium voltage		208.2	209.6	194.4	188.7	102.7	110.4
			Of which: mining sector	100.1	111.6	95.8	90.9
				(In millions of CFA francs)
Value
	Electricity sales			24639	25530	26789	19186	20501.7	22046
		Household usage		9054	10035	11189	11348	12513.4	13456
		Other low voltage		373	473	456	549	445.6	479
		Medium voltage		15212	15022	15144	7289	7572.7	8111
				(In CFA francs per kilowatt–hour)
Average unit prices ¹
	Low voltage			87	86	86.3	86.3	86	86
	Medium voltage			76.2	77.9	75.1	75.4	73.4	73.4

Sources: NIGELEC; and Fund staff estimates.

^{^1/}Unit prices are derived from the NIGELEC rate schedules and may not correspond to value and volume data.

Table 15.

Niger: Prices of Petroleum Products in Niamey, 1997-2003

Sources: Ministry of Trade and Private Sector; and Ministry of Transport and Communications.

^1/1 U.S. gallon = 3.785 liters.

Table 15.

Niger: Prices of Petroleum Products in Niamey, 1997-2003

		1997	1998	1999	2000	2001	2002	2003
		(In CFA francs per liter)
Gasoline
	Super	385	410	425	515	508	498	511.6
	Regular	310	340	340	425	420	416	427
Kerosene		130	200	200	240	240	240	240
Diesel		265	290	290	365	361	337	351
		(In dollars per US gallon, unless otherwise indicated)
Gasoline
	Super	2.50	2.63	2.61	2.74	2.56	2.66	3.33
	Regular	2.01	2.18	2.09	2.26	2.11	2.22	2.78
Kerosene		0.84	1.28	1.23	1.28	1.21	1.28	1.56
Diesel		1.72	1.86	1.78	1.94	1.82	1.8	2.29
Memorandum item:
	Average period exchange rate (CFA francs per U.S. dollar)	583.67	589.95	615.70	711.98	733.04	696.99	581.20

Sources: Ministry of Trade and Private Sector; and Ministry of Transport and Communications.

^1/1 U.S. gallon = 3.785 liters.

Table 15.

Niger: Prices of Petroleum Products in Niamey, 1997-2003

		1997	1998	1999	2000	2001	2002	2003
		(In CFA francs per liter)
Gasoline
	Super	385	410	425	515	508	498	511.6
	Regular	310	340	340	425	420	416	427
Kerosene		130	200	200	240	240	240	240
Diesel		265	290	290	365	361	337	351
		(In dollars per US gallon, unless otherwise indicated)
Gasoline
	Super	2.50	2.63	2.61	2.74	2.56	2.66	3.33
	Regular	2.01	2.18	2.09	2.26	2.11	2.22	2.78
Kerosene		0.84	1.28	1.23	1.28	1.21	1.28	1.56
Diesel		1.72	1.86	1.78	1.94	1.82	1.8	2.29
Memorandum item:
	Average period exchange rate (CFA francs per U.S. dollar)	583.67	589.95	615.70	711.98	733.04	696.99	581.20

Sources: Ministry of Trade and Private Sector; and Ministry of Transport and Communications.

^1/1 U.S. gallon = 3.785 liters.

Table 16.

Niger: Consumption of Petroleum Products, 1997-2001¹

(In thousands of cubic meters)

Source: Ministry of Trade and Private Sector

^{^1/}Evolution of petroleum product consumption may vary from imports because of stock adjustments.

Table 16.

Niger: Consumption of Petroleum Products, 1997-2001¹

(In thousands of cubic meters)

		1997	1998	1999	2000	2001
Diesel fuel		38.4	50.6	58.9	66.3	37.4
Gasoline		67.0	74.1	72.5	70	62.8
		14.7	13.8	13.2	17.5	14.6
	Jet fuel	14.4	13.6	13.0	17.5	14.6
	Other	0.3	0.2	0.2	0	6.3
Kerosene		10.1	8.1	11.2	11.9	2.6
	Total	130.2	146.6	155.8	165.7	138.3

Source: Ministry of Trade and Private Sector

^{^1/}Evolution of petroleum product consumption may vary from imports because of stock adjustments.

Table 16.

Niger: Consumption of Petroleum Products, 1997-2001¹

(In thousands of cubic meters)

		1997	1998	1999	2000	2001
Diesel fuel		38.4	50.6	58.9	66.3	37.4
Gasoline		67.0	74.1	72.5	70	62.8
		14.7	13.8	13.2	17.5	14.6
	Jet fuel	14.4	13.6	13.0	17.5	14.6
	Other	0.3	0.2	0.2	0	6.3
Kerosene		10.1	8.1	11.2	11.9	2.6
	Total	130.2	146.6	155.8	165.7	138.3

Source: Ministry of Trade and Private Sector

^{^1/}Evolution of petroleum product consumption may vary from imports because of stock adjustments.

Table 17.

Niger: Indices of Consumer Prices in Niamey, 2001-2003

Source: Directorate of Statistics and National Accounts, Ministry of Economy and Finance.

Table 17.

Niger: Indices of Consumer Prices in Niamey, 2001-2003

	2001				2002				2003
	Weights	Sep	Dec	Ave	Jun	Sept.	Dec	Ave	Mar	Jun	Sept.	Dec	Ave
	(Base 100 = 1996)
General index	10,000	115.8	113.8	113.1	119.5	116.4	114.5	116.1	114.3	116.5	113.6	112.8	114.3
Food, beverage, tobacco	4,513	124.8	120.6	118.4	130.9	124.1	118.6	114.7	117.4	124.2	116.0	114.1	117.9
Clothing and footwear	582	104.7	104.6	104.5	106.1	106.5	106.3	106.2	106.9	104.8	105.5	107.1	106.0
Housing, water, electricity, gas and fuels	1,389	102.3	104.2	102.9	104.7	106.5	107.9	105.0	107.7	106.2	108.1	108.0	107.4
Furniture, households fittings, house upkeep	767	103.0	103.0	102.8	104.7	105.7	106.5	105.4	105.8	106.2	106.4	105.7	106.2
Health	165	100.4	102.6	102.7	101.8	97.9	95.6	100.2	94.7	98.8	97.9	97.1	97.8
Transportation	1,205	120.7	116.6	121.1	121.7	119.8	120.1	119.5	122.6	117.6	121.7	120.0	120.3
Leisure, entertainment, and culture	218	98.3	98.3	98.8	98.7	98.7	98.7	98.5	103.1	102.2	101.4	102.0	102.2
Education	155	124.2	127.5	124.1	126.2	126.2	132.5	127.6	132.6	132.8	132.6	137.1	133.8
Hotels, cafés, restaurants	475	115.9	115.9	114.5	116.0	116.0	116.0	116.0	119.4	119.3	119.3	119.3	119.2
Other goods and services	531	104.5	104.7	104.5	106.6	106.6	110.2	107.3	108.0	108.2	108.7	109.9	108.9

Source: Directorate of Statistics and National Accounts, Ministry of Economy and Finance.

Table 17.

Niger: Indices of Consumer Prices in Niamey, 2001-2003

	2001				2002				2003
	Weights	Sep	Dec	Ave	Jun	Sept.	Dec	Ave	Mar	Jun	Sept.	Dec	Ave
	(Base 100 = 1996)
General index	10,000	115.8	113.8	113.1	119.5	116.4	114.5	116.1	114.3	116.5	113.6	112.8	114.3
Food, beverage, tobacco	4,513	124.8	120.6	118.4	130.9	124.1	118.6	114.7	117.4	124.2	116.0	114.1	117.9
Clothing and footwear	582	104.7	104.6	104.5	106.1	106.5	106.3	106.2	106.9	104.8	105.5	107.1	106.0
Housing, water, electricity, gas and fuels	1,389	102.3	104.2	102.9	104.7	106.5	107.9	105.0	107.7	106.2	108.1	108.0	107.4
Furniture, households fittings, house upkeep	767	103.0	103.0	102.8	104.7	105.7	106.5	105.4	105.8	106.2	106.4	105.7	106.2
Health	165	100.4	102.6	102.7	101.8	97.9	95.6	100.2	94.7	98.8	97.9	97.1	97.8
Transportation	1,205	120.7	116.6	121.1	121.7	119.8	120.1	119.5	122.6	117.6	121.7	120.0	120.3
Leisure, entertainment, and culture	218	98.3	98.3	98.8	98.7	98.7	98.7	98.5	103.1	102.2	101.4	102.0	102.2
Education	155	124.2	127.5	124.1	126.2	126.2	132.5	127.6	132.6	132.8	132.6	137.1	133.8
Hotels, cafés, restaurants	475	115.9	115.9	114.5	116.0	116.0	116.0	116.0	119.4	119.3	119.3	119.3	119.2
Other goods and services	531	104.5	104.7	104.5	106.6	106.6	110.2	107.3	108.0	108.2	108.7	109.9	108.9

Source: Directorate of Statistics and National Accounts, Ministry of Economy and Finance.

Table 18.

Niger: Financial Operations of the Central Government, 1997-2003

Sources: Nigerien authorities and IMF staff estimates.

Table 18.

Niger: Financial Operations of the Central Government, 1997-2003

					1997	1998	1999	2000	2001	2002	2003
					(In billions of CFA francs)
Total revenue					90.8	111.8	109.6	110.1	132.8	160.9	156.7
	Tax revenue				78.1	97.0	100.6	102.8	125.5	144.6	152.1
	Nontax revenue				7.4	10.1	3.9	3.8	4.1	3.8	1.2
	Settlement of reciprocal debts				…	…	…	0.0	0.0	8.4	0.0
	Annexed budgets/special accounts				5.3	4.7	5.1	3.5	3.2	4.1	3.4
Total expenditure and net lending					171.8	211.9	233.0	214.3	245.6	278.1	276.0
	Total current expenditure				120.1	142.5	154.1	143.8	157.4	161.8	160.5
		Budgetary expenditure			115.8	134.4	147.1	138.5	147.1	153.7	151.9
			Wages and salaries		44.2	45.1	50.6	51.8	50.4	55.3	57.1
			Goods and services		40.8	45.3	59.6	41.1	43.2	45.5	39.5
				Of which: HIPC resources			…	0.0	0.0	0.0	0.0
			Subsidies and transfers		14.4	24.8	17.1	24.0	28.1	30.3	37.9
				Of which: HIPC resources			…	0.0	0.3	1.9	1.7
			Interest, scheduled		16.5	19.2	19.7	21.6	25.4	22.6	17.4
				External debt	15.9	17.8	18.5	19.6	24.1	21.2	16.1
				Domestic debt	0.7	1.4	1.3	2.0	1.3	1.5	1.3
		Annexed budget/special accounts			4.3	8.1	7.0	5.3	10.3	8.1	8.6
	Capital expenditure and net lending				51.7	69.5	78.9	70.5	88.1	116.3	115.5
		Capital expenditure			54.7	69.9	80.3	73.6	89.0	116.5	115.5
			Domestically financed		5.7	9.7	17.1	8.1	25.1	27.1	28.5
			Externally financed		49.0	60.1	63.2	65.5	63.9	89.4	87.0
				Of which: HIPC resources			…	0.0	7.9	9.8	12.0
		Net lending			-3.0	-0.4	-1.4	-3.1	-0.8	-0.2	0.0
Overall balance (commitment basis excl. grants					-81.0	-100.1	-123.4	-104.2	-112.8	-117.2	-119.3
Basic fiscal balance (excl. HIPC expenditures)								-38.7	-48.6	-25.9	-30.6
Change in payments arrears					-11.9	-4.6	49.1	-112.0	-17.0	-33.4	-12.2
	Domestic arrears (net)				-13.8	-19.3	23.6	3.6	-17.0	-33.4	-12.2
	External arrears (net)				1.9	14.7	25.6	-115.6	0.0	0.0	0.0
Overall balance (cash, excl. grants)					-92.9	-104.7	-74.3	-216.2	-129.8	-150.6	-131.5
Financing					92.9	104.7	74.3	216.2	129.8	150.6	131.5
	External financing				87.0	118.4	67.0	236.3	120.5	139.9	134.2
		Grants			49.2	65.4	56.8	59.3	66.5	74.6	76.0
			Budget financing		18.1	26.7	12.1	22.2	25.7	18.6	25.1
			Project financing		31.1	38.7	44.7	37.1	32.7	45.8	39.4
			HIPC Initiative assistance				…	0.1	8.1	10.3	11.5
		Loans			42.1	52.0	26.6	54.7	53.7	78.0	68.4
			Budget financing		24.2	30.5	8.1	26.3	30.4	44.2	32.8
			Project financing		17.9	21.4	18.5	28.4	23.3	33.8	35.6
		Amortization			-18.5	-25.7	-23.8	-35.4	-41.3	-46.2	-38.6
		Debt relief obtained			14.1	26.8	7.5	157.7	25.0	18.8	20.3
			Current debt		14.1	14.0	7.5	4.6	25.0	18.8	16.6
			Arrears		0.0	12.7	0.0	153.1	0.0	0.0	0.0
			HIPC Initiative assistance			0.0	0.0	0.0	0.0	0.0	3.7
		Debt under discussion					…	…	16.6	14.7	8.1
	Domestic financing				5.9	-13.7	7.2	-20.2	9.3	10.7	-2.7
		Banking sector			9.4	-11.0	7.8	-28.6	5.0	5.1	4.2
				Of which: IMF (net)			-3.7	6.7	6.9	12.9	8.2
		Nonbanking sector			-3.5	-4.0	-0.6	0.0	-0.7	8.6	-4.3
		Privatization receipts (net)			0.0	1.3	0.0	8.5	5.0	-3.0	-2.5
	Financing gap (+)				0.0	0.0	0.0	0.0	0.0	0.0	0.0

Sources: Nigerien authorities and IMF staff estimates.

Table 18.

Niger: Financial Operations of the Central Government, 1997-2003

					1997	1998	1999	2000	2001	2002	2003
					(In billions of CFA francs)
Total revenue					90.8	111.8	109.6	110.1	132.8	160.9	156.7
	Tax revenue				78.1	97.0	100.6	102.8	125.5	144.6	152.1
	Nontax revenue				7.4	10.1	3.9	3.8	4.1	3.8	1.2
	Settlement of reciprocal debts				…	…	…	0.0	0.0	8.4	0.0
	Annexed budgets/special accounts				5.3	4.7	5.1	3.5	3.2	4.1	3.4
Total expenditure and net lending					171.8	211.9	233.0	214.3	245.6	278.1	276.0
	Total current expenditure				120.1	142.5	154.1	143.8	157.4	161.8	160.5
		Budgetary expenditure			115.8	134.4	147.1	138.5	147.1	153.7	151.9
			Wages and salaries		44.2	45.1	50.6	51.8	50.4	55.3	57.1
			Goods and services		40.8	45.3	59.6	41.1	43.2	45.5	39.5
				Of which: HIPC resources			…	0.0	0.0	0.0	0.0
			Subsidies and transfers		14.4	24.8	17.1	24.0	28.1	30.3	37.9
				Of which: HIPC resources			…	0.0	0.3	1.9	1.7
			Interest, scheduled		16.5	19.2	19.7	21.6	25.4	22.6	17.4
				External debt	15.9	17.8	18.5	19.6	24.1	21.2	16.1
				Domestic debt	0.7	1.4	1.3	2.0	1.3	1.5	1.3
		Annexed budget/special accounts			4.3	8.1	7.0	5.3	10.3	8.1	8.6
	Capital expenditure and net lending				51.7	69.5	78.9	70.5	88.1	116.3	115.5
		Capital expenditure			54.7	69.9	80.3	73.6	89.0	116.5	115.5
			Domestically financed		5.7	9.7	17.1	8.1	25.1	27.1	28.5
			Externally financed		49.0	60.1	63.2	65.5	63.9	89.4	87.0
				Of which: HIPC resources			…	0.0	7.9	9.8	12.0
		Net lending			-3.0	-0.4	-1.4	-3.1	-0.8	-0.2	0.0
Overall balance (commitment basis excl. grants					-81.0	-100.1	-123.4	-104.2	-112.8	-117.2	-119.3
Basic fiscal balance (excl. HIPC expenditures)								-38.7	-48.6	-25.9	-30.6
Change in payments arrears					-11.9	-4.6	49.1	-112.0	-17.0	-33.4	-12.2
	Domestic arrears (net)				-13.8	-19.3	23.6	3.6	-17.0	-33.4	-12.2
	External arrears (net)				1.9	14.7	25.6	-115.6	0.0	0.0	0.0
Overall balance (cash, excl. grants)					-92.9	-104.7	-74.3	-216.2	-129.8	-150.6	-131.5
Financing					92.9	104.7	74.3	216.2	129.8	150.6	131.5
	External financing				87.0	118.4	67.0	236.3	120.5	139.9	134.2
		Grants			49.2	65.4	56.8	59.3	66.5	74.6	76.0
			Budget financing		18.1	26.7	12.1	22.2	25.7	18.6	25.1
			Project financing		31.1	38.7	44.7	37.1	32.7	45.8	39.4
			HIPC Initiative assistance				…	0.1	8.1	10.3	11.5
		Loans			42.1	52.0	26.6	54.7	53.7	78.0	68.4
			Budget financing		24.2	30.5	8.1	26.3	30.4	44.2	32.8
			Project financing		17.9	21.4	18.5	28.4	23.3	33.8	35.6
		Amortization			-18.5	-25.7	-23.8	-35.4	-41.3	-46.2	-38.6
		Debt relief obtained			14.1	26.8	7.5	157.7	25.0	18.8	20.3
			Current debt		14.1	14.0	7.5	4.6	25.0	18.8	16.6
			Arrears		0.0	12.7	0.0	153.1	0.0	0.0	0.0
			HIPC Initiative assistance			0.0	0.0	0.0	0.0	0.0	3.7
		Debt under discussion					…	…	16.6	14.7	8.1
	Domestic financing				5.9	-13.7	7.2	-20.2	9.3	10.7	-2.7
		Banking sector			9.4	-11.0	7.8	-28.6	5.0	5.1	4.2
				Of which: IMF (net)			-3.7	6.7	6.9	12.9	8.2
		Nonbanking sector			-3.5	-4.0	-0.6	0.0	-0.7	8.6	-4.3
		Privatization receipts (net)			0.0	1.3	0.0	8.5	5.0	-3.0	-2.5
	Financing gap (+)				0.0	0.0	0.0	0.0	0.0	0.0	0.0

Sources: Nigerien authorities and IMF staff estimates.

Table 19.

Niger: Implementation of the Public Investment Program, 2001-2003

(In billions of CFA francs)

Source: Ministry of Finance and Planning

Table 19.

Niger: Implementation of the Public Investment Program, 2001-2003

(In billions of CFA francs)

			Budgetary Allocation	Actual Expenditure		Actual Expenditure		Total Expenditure	Implementation Rate (%)
			Budgetary Allocation	Treasury	Loans	Grants	HIPC	Total Expenditure	Implementation Rate (%)
2001
Directly productive sectors			32.95	0.85	10.24	12.58		23.67	71.80
	Rural sector		30.32	0.81	10.24	10.69		21.74	71.70
	Other		2.63	0.04	0.00	1.89		1.93	73.40
Economic infrastructure			24.25	0.21	2.37	1.73		4.31	17.80
Social infrastructure			32.58	2.52	9.68	14.79		26.99	82.80
	Of which: education		4.32	1.44	2.90	1.46		5.80	134.30
		health	15.94	0.62	5.28	7.59		13.49	84.60
Other investment			26.17	23.17	0.87	3.61		27.65	105.70
	Research and studies		0.11	0.08	0.00	0.13		0.21	190.90
	Administration support		14.76	6.24	0.87	3.48		10.59	71.70
	Other 1/		11.30	16.85	0.00	0.00		16.85	63.80
			115.95	26.75	23.16	32.71		82.62	71.30
2002
Directly productive sectors			37.60	1.22	10.27	15.25		26.74	71.10
	Rural sector		37.28	1.21	10.27	14.87		26.35	70.70
	Other		0.32	0.01	0.00	0.38		0.39	121.90
Economic infrastructure			29.32	0.08	7.61	7.95		15.64	53.30
Social infrastructure			42.25	2.33	14.27	20.78		37.38	88.50
	Of which: education		14.06	1.32	4.70	20.78		10.60	75.40
		health	16.00	0.66	7.10	4.58		14.44	90.30
Other investment			24.50	20.86	1.60	1.77		24.23	98.90
	Research and studies		0.10	0.03	0.00	0.00		0.03	30.00
	Administration support		7.36	3.43	1.60	1.77		6.80	92.40
	Other 1/		17.04	17.40	0.00	0.00		17.40	69.70
			133.67	24.49	33.75	45.75		103.99	77.80
2003
Directly productive sectors			34.87	0.57	9.21	9.64	0.40	19.82	56.80
	Rural sector		32.40	0.57	9.01	9.60	0.40	19.58	60.40
	Other		2.47	0.00	0.20	0.04	0.00	0.24	9.80
Economic infrastructure			20.00	0.95	6.50	8.22	0.00	15.67	78.40
Social infrastructure			101.33	3.46	19.49	19.32	12.13	54.40	53.70
	Of which: education		20.14	1.59	4.19	3.86	2.42	12.06	59.90
		health	33.78	1.44	6.26	8.61	3.07	19.38	57.40
Other investment			28.69	14.86	0.33	2.09	0.00	17.28	60.20
	Research and studies		0.10	0.09	0.00	0.07	0.00	0.16	160.00
	Administration support		12.19	4.05	0.33	1.77	0.00	6.15	50.50
	Other 1/		16.40	10.72	0.00	0.25	0.00	10.97	68.50
Total			184.89	19.84	- 35.53	39.27	12.53	107.17	58.00

Source: Ministry of Finance and Planning

Table 19.

Niger: Implementation of the Public Investment Program, 2001-2003

(In billions of CFA francs)

			Budgetary Allocation	Actual Expenditure		Actual Expenditure		Total Expenditure	Implementation Rate (%)
			Budgetary Allocation	Treasury	Loans	Grants	HIPC	Total Expenditure	Implementation Rate (%)
2001
Directly productive sectors			32.95	0.85	10.24	12.58		23.67	71.80
	Rural sector		30.32	0.81	10.24	10.69		21.74	71.70
	Other		2.63	0.04	0.00	1.89		1.93	73.40
Economic infrastructure			24.25	0.21	2.37	1.73		4.31	17.80
Social infrastructure			32.58	2.52	9.68	14.79		26.99	82.80
	Of which: education		4.32	1.44	2.90	1.46		5.80	134.30
		health	15.94	0.62	5.28	7.59		13.49	84.60
Other investment			26.17	23.17	0.87	3.61		27.65	105.70
	Research and studies		0.11	0.08	0.00	0.13		0.21	190.90
	Administration support		14.76	6.24	0.87	3.48		10.59	71.70
	Other 1/		11.30	16.85	0.00	0.00		16.85	63.80
			115.95	26.75	23.16	32.71		82.62	71.30
2002
Directly productive sectors			37.60	1.22	10.27	15.25		26.74	71.10
	Rural sector		37.28	1.21	10.27	14.87		26.35	70.70
	Other		0.32	0.01	0.00	0.38		0.39	121.90
Economic infrastructure			29.32	0.08	7.61	7.95		15.64	53.30
Social infrastructure			42.25	2.33	14.27	20.78		37.38	88.50
	Of which: education		14.06	1.32	4.70	20.78		10.60	75.40
		health	16.00	0.66	7.10	4.58		14.44	90.30
Other investment			24.50	20.86	1.60	1.77		24.23	98.90
	Research and studies		0.10	0.03	0.00	0.00		0.03	30.00
	Administration support		7.36	3.43	1.60	1.77		6.80	92.40
	Other 1/		17.04	17.40	0.00	0.00		17.40	69.70
			133.67	24.49	33.75	45.75		103.99	77.80
2003
Directly productive sectors			34.87	0.57	9.21	9.64	0.40	19.82	56.80
	Rural sector		32.40	0.57	9.01	9.60	0.40	19.58	60.40
	Other		2.47	0.00	0.20	0.04	0.00	0.24	9.80
Economic infrastructure			20.00	0.95	6.50	8.22	0.00	15.67	78.40
Social infrastructure			101.33	3.46	19.49	19.32	12.13	54.40	53.70
	Of which: education		20.14	1.59	4.19	3.86	2.42	12.06	59.90
		health	33.78	1.44	6.26	8.61	3.07	19.38	57.40
Other investment			28.69	14.86	0.33	2.09	0.00	17.28	60.20
	Research and studies		0.10	0.09	0.00	0.07	0.00	0.16	160.00
	Administration support		12.19	4.05	0.33	1.77	0.00	6.15	50.50
	Other 1/		16.40	10.72	0.00	0.25	0.00	10.97	68.50
Total			184.89	19.84	- 35.53	39.27	12.53	107.17	58.00

Source: Ministry of Finance and Planning

Table 20.

Niger: Government Revenue and Grants, 1997-2003

(In millions of CFA francs)

Source: Ministry of Finance and Economy; and Fund staff estimates

Table 20.

Niger: Government Revenue and Grants, 1997-2003

(In millions of CFA francs)

								1997	1998	1999	2000	2001	2002	2003
Total revenue and grants								139,958	177,105	157,354	162,165	192,289	219,271	221,281
	Total revenue							90,758	111,785	109,604	110,125	132,989	160,871	156,748
		Total budgetary revenue						85,545	107,062	104,504	106,631	129,779	148,421	153,299
			Tax Revenue					78,154	96,942	100,624	102,842	125,627	144,587	152,080
				Taxes on income, profits, payroll, and work				15,543	18,922	19,341	18,014	22,573	23,146	28,306
					Corporate profits			5,889	7,297	9751	7114	10,371	11,886	17,029
						Individual income		4,848	6,821	6366	9131	7,856	8,859	1,147
						Taxes on payroll and workforce		1,096	202	149	238	323	371	10,129
						Other		3,710	4,602	3,075	1531	4,023	2,032	0
				Taxes on goods and services				15,609	15,613	23,008	20,604	30,357	30,632	34,089
				Turnover taxes				6,900	7,529	15665	12521	19,746	20,019	17,800
					Exise taxes			8,167	7,500	6,904	7722	7,942	7,569	7,462
							Alcoholic beverages	597	461	552	714	725	684	655
							Tobacco and cigarettes	948	1,122	1353	2300	2,420	2,519	2,806
							Uranium production	5,400	5,150	4243	3824	3,737	3,336	3,396
							Motor vehicles	436	427	439	520	544	572	605
							Road toll	786	340	317	365	75	0	0
				Taxes on insurance contracts				542	584	439	361	441	458	631
				Taxes on international trade and transaction				43,354	56,900	51,307	58,537	64,750	82,869	79,867
					Import duties			32,986	44,714	42,214	46,234	58,132	65,851	63,437
							Customs duties	12,880	15,916	14071	14722	20,209	19,650	20,339
						Fiscal duties on imports		0	0	1008	0	8
							Statistical tax on imports	5,065	6,760	7191	1652	1,358	1,653	1,793
							Regional cooperation tax	1,040	2,520	1307	5429	4,236	7,749	3,168
							Production tax on imports	11,833	15,969	13076	18991	22,289	27,119
							Special tax on petroleum products	2154	3508	4723	4313	5,620	6,612	7,561
							Other	14	41	838	1127	2,403	3,063
					Export duties			1,380	2,668	3856	2306	1,521	1,329	15,241
						Fiscal duties on exports		0	486	979	633	1,521		13,992
							Statistical tax on exports	1,380	2,668	3856	2306			1,249
						Other taxes		8,988	9,518	5237	9997	9,784	14,657
				Nontax revenue				7,391	10,120	3880	3789	4,152	3,833	1,219
		Revenue of annexed budgets and special accounts						5,213	4,723	5,100	3,494	3,210	4,101	3,449
	Grants							49,200	65,320	47,750	52,040	59,300	58,400	64,533
		Budget financing						18,100	38,690	12100	22200	22,200	25,700	25,100
		Project financing						31,100	26,630	35650	29840	37,100	32,700	39,433
Memorandum items:
	Contribution of uranium sector							7,888	7,320	5,101	4,850	5,453	5,391	6,533
		Income tax						2,585	2,619	1279	1218	1,204	1,238	1,331
		Export duty						802	835	641	633	621	646	669
		Royalties						3,556	3,706	2843	2782	2,759	2,883	2,990
		Other						254	160	157	217	869	624	1,157
		Exceptional dividend and budget contribution						691		181				386

Source: Ministry of Finance and Economy; and Fund staff estimates

Table 20.

Niger: Government Revenue and Grants, 1997-2003

(In millions of CFA francs)

								1997	1998	1999	2000	2001	2002	2003
Total revenue and grants								139,958	177,105	157,354	162,165	192,289	219,271	221,281
	Total revenue							90,758	111,785	109,604	110,125	132,989	160,871	156,748
		Total budgetary revenue						85,545	107,062	104,504	106,631	129,779	148,421	153,299
			Tax Revenue					78,154	96,942	100,624	102,842	125,627	144,587	152,080
				Taxes on income, profits, payroll, and work				15,543	18,922	19,341	18,014	22,573	23,146	28,306
					Corporate profits			5,889	7,297	9751	7114	10,371	11,886	17,029
						Individual income		4,848	6,821	6366	9131	7,856	8,859	1,147
						Taxes on payroll and workforce		1,096	202	149	238	323	371	10,129
						Other		3,710	4,602	3,075	1531	4,023	2,032	0
				Taxes on goods and services				15,609	15,613	23,008	20,604	30,357	30,632	34,089
				Turnover taxes				6,900	7,529	15665	12521	19,746	20,019	17,800
					Exise taxes			8,167	7,500	6,904	7722	7,942	7,569	7,462
							Alcoholic beverages	597	461	552	714	725	684	655
							Tobacco and cigarettes	948	1,122	1353	2300	2,420	2,519	2,806
							Uranium production	5,400	5,150	4243	3824	3,737	3,336	3,396
							Motor vehicles	436	427	439	520	544	572	605
							Road toll	786	340	317	365	75	0	0
				Taxes on insurance contracts				542	584	439	361	441	458	631
				Taxes on international trade and transaction				43,354	56,900	51,307	58,537	64,750	82,869	79,867
					Import duties			32,986	44,714	42,214	46,234	58,132	65,851	63,437
							Customs duties	12,880	15,916	14071	14722	20,209	19,650	20,339
						Fiscal duties on imports		0	0	1008	0	8
							Statistical tax on imports	5,065	6,760	7191	1652	1,358	1,653	1,793
							Regional cooperation tax	1,040	2,520	1307	5429	4,236	7,749	3,168
							Production tax on imports	11,833	15,969	13076	18991	22,289	27,119
							Special tax on petroleum products	2154	3508	4723	4313	5,620	6,612	7,561
							Other	14	41	838	1127	2,403	3,063
					Export duties			1,380	2,668	3856	2306	1,521	1,329	15,241
						Fiscal duties on exports		0	486	979	633	1,521		13,992
							Statistical tax on exports	1,380	2,668	3856	2306			1,249
						Other taxes		8,988	9,518	5237	9997	9,784	14,657
				Nontax revenue				7,391	10,120	3880	3789	4,152	3,833	1,219
		Revenue of annexed budgets and special accounts						5,213	4,723	5,100	3,494	3,210	4,101	3,449
	Grants							49,200	65,320	47,750	52,040	59,300	58,400	64,533
		Budget financing						18,100	38,690	12100	22200	22,200	25,700	25,100
		Project financing						31,100	26,630	35650	29840	37,100	32,700	39,433
Memorandum items:
	Contribution of uranium sector							7,888	7,320	5,101	4,850	5,453	5,391	6,533
		Income tax						2,585	2,619	1279	1218	1,204	1,238	1,331
		Export duty						802	835	641	633	621	646	669
		Royalties						3,556	3,706	2843	2782	2,759	2,883	2,990
		Other						254	160	157	217	869	624	1,157
		Exceptional dividend and budget contribution						691		181				386

Source: Ministry of Finance and Economy; and Fund staff estimates

Table 21.

Niger: Contribution of the Uranium Sector to Budgetary Receipts, 1998-2003

Sources: Compagnie Minière d’Akouta (COMINAK); and Société Minière de l’Aïr (SOMAIR).

Table 21.

Niger: Contribution of the Uranium Sector to Budgetary Receipts, 1998-2003

		1998	1999	2000	2001	2002	2003
(In millions of CFA francs)
Royalties		3,706	2,843	2782	2759	2883	2990
	COMINAK	2,200	1858	1,840	1806	1883	1864
	SOMAIR	1,506	985	942	953	1000	1126
Export duty		835	641	633	621	646	669
	COMINAK	497	420	420	407	422	419
	SOMAIR	338	221	213	214	224	250
Tax on general revenue		680	1279	1218	1204	1238	1201
	COMINAK	400	746	746	715	730	746
	SOMAIR	280	533	472	489	508	455
Tax on wages		1,104	…	…	…	…	…
	COMINAK	620	…	…	…	…	…
	SOMAIR	484	…	…	…	…	…
				…	…	…	…
Tax on corporate profits		835	…	…	…	…	…
	COMINAK	496	…	…	…	…	…
	SOMAIR	340	…	…	…	…	…
Dividends		…	119	…	…	…	386
	COMINAK	…					549
	SOMAIR	…	119	…	…	…	137
Tax on distributed dividends		…	62	…	…	…	130
	COMINAK						89
	SOMAIR	…	62	…	…	…	41
Other		1,950	907	799	869	624	1157
	COMINAK	879	720	617	560	462	492
	SOMAIR	1071	187	182	219	162	665
Total contribution		9,110	5,851	5,432	5,453	5,391	6,533
	COMINAK	5,092	3,744	3,623	3,488	3,497	4,159
	SOMAIR	4,019	2,107	1,809	1,875	1,894	2,674
Memorandum items:		(In percent unless otherwise indicated)
	Total production (in metric tons)	3,713	2916	2,898	2960	3072	3143
	Price (In CFA francs per kilogram)	22,500	22,000	21,700	21300	21100	21000
	Contribution/total budgetary revenue	8.1	5.0	4.0	4.2	3.6	4.3
	COMINAK/total contribution	59	64	63	64	65	64
	SOMAIR/total contribution	41	36	37	36	35	36

Sources: Compagnie Minière d’Akouta (COMINAK); and Société Minière de l’Aïr (SOMAIR).

Table 21.

Niger: Contribution of the Uranium Sector to Budgetary Receipts, 1998-2003

		1998	1999	2000	2001	2002	2003
(In millions of CFA francs)
Royalties		3,706	2,843	2782	2759	2883	2990
	COMINAK	2,200	1858	1,840	1806	1883	1864
	SOMAIR	1,506	985	942	953	1000	1126
Export duty		835	641	633	621	646	669
	COMINAK	497	420	420	407	422	419
	SOMAIR	338	221	213	214	224	250
Tax on general revenue		680	1279	1218	1204	1238	1201
	COMINAK	400	746	746	715	730	746
	SOMAIR	280	533	472	489	508	455
Tax on wages		1,104	…	…	…	…	…
	COMINAK	620	…	…	…	…	…
	SOMAIR	484	…	…	…	…	…
				…	…	…	…
Tax on corporate profits		835	…	…	…	…	…
	COMINAK	496	…	…	…	…	…
	SOMAIR	340	…	…	…	…	…
Dividends		…	119	…	…	…	386
	COMINAK	…					549
	SOMAIR	…	119	…	…	…	137
Tax on distributed dividends		…	62	…	…	…	130
	COMINAK						89
	SOMAIR	…	62	…	…	…	41
Other		1,950	907	799	869	624	1157
	COMINAK	879	720	617	560	462	492
	SOMAIR	1071	187	182	219	162	665
Total contribution		9,110	5,851	5,432	5,453	5,391	6,533
	COMINAK	5,092	3,744	3,623	3,488	3,497	4,159
	SOMAIR	4,019	2,107	1,809	1,875	1,894	2,674
Memorandum items:		(In percent unless otherwise indicated)
	Total production (in metric tons)	3,713	2916	2,898	2960	3072	3143
	Price (In CFA francs per kilogram)	22,500	22,000	21,700	21300	21100	21000
	Contribution/total budgetary revenue	8.1	5.0	4.0	4.2	3.6	4.3
	COMINAK/total contribution	59	64	63	64	65	64
	SOMAIR/total contribution	41	36	37	36	35	36

Sources: Compagnie Minière d’Akouta (COMINAK); and Société Minière de l’Aïr (SOMAIR).

Table 22.

Niger: Functional Classification of Budgetary Expenditure, 1997-2003

(In billions of CFA francs)

Sources: Ministry of Finance and Economy.

Table 22.

Niger: Functional Classification of Budgetary Expenditure, 1997-2003

(In billions of CFA francs)

			1997	1998	1999	2000	2001	2002	2003
Current expenditure			112.8	134.4	154.1	143.9	157.5	161.7	156.7
	General services		44.1	51.8	61.0	65.1	63.8	64.6	63.1
		Defense	10.1	13.0	14.5	14.3	18.2	14.4	14.3
		Security	5.9	8.0	8.7	9.7	10.9	8.6	8.5
		Education	20.9	21.0	26.2	31.0	24.2	31.0	29.6
		Health	6.9	9.4	10.3	9.7	10.2	10.2	10.3
		Social affairs	0.4	0.4	1.3	0.4	0.3	0.4	0.4
	Economic services		6.5	7.1	8.6	3.9	10.6	7.0	3.9
		Agriculture	2.1	2.3	2.8	2.6	3.9	3.1	2.9
		Mining	0.3	0.3	0.3	0.3	0.4	0.4	0.3
		Road infrastructure	3.1	3.6	5.2	0.0	5.6	3.5	0.6
		Transport and communications	1.0	0.8	0.2	0.5	0.7	0.0	0.1
		Other economic services	0.1	0.1	0.1	0.5	0.0	0.0	0.0
	Miscellaneous		62.2	75.5	84.5	74.9	83.1	90.1	89.7
		Of which: interest payments	16.5	19.2	19.0	21.6	25.4	22.6	17.4
Capital expenditure			54.7	65.8	69.7	73.9	89.0	116.5	115.5
	General services		20.6	22.5	27.1	24.2	22.8	33.2	31.4
		Education	3.8	5.3	7.3	4.5	4.3	12.5	11.3
		Health	7.0	9.1	16.8	16.4	15.6	16.8	20.0
		Social affairs	9.8	8.1	3.0	3.3	2.9	3.9	0.0
	Economic services		27.4	39.5	28.3	31.8	31.8	55.1	46.8
		Agriculture	19.8	25.3	17.5	12.3	18.6	26.3	16.3
		Mining and industry	0.5	1.0	1.5	1.2	1.4	0.0	0.0
		Energy	0.5	1.3	0.1	0.9	0.5	0.0	0.0
		Water	2.0	5.8	4.2	3.9	7.1	13.1	18.4
		Road infrastructure	3.9	5.6	4.7	13.3	4.2	15.4	12.1
		Other economic services	0.7	0.5	0.3	0.2	0.0	0.3	0.0
	Miscellaneous		6.7	3.8	14.3	17.9	34.4	28.2	37.3

Sources: Ministry of Finance and Economy.

Table 22.

Niger: Functional Classification of Budgetary Expenditure, 1997-2003

(In billions of CFA francs)

			1997	1998	1999	2000	2001	2002	2003
Current expenditure			112.8	134.4	154.1	143.9	157.5	161.7	156.7
	General services		44.1	51.8	61.0	65.1	63.8	64.6	63.1
		Defense	10.1	13.0	14.5	14.3	18.2	14.4	14.3
		Security	5.9	8.0	8.7	9.7	10.9	8.6	8.5
		Education	20.9	21.0	26.2	31.0	24.2	31.0	29.6
		Health	6.9	9.4	10.3	9.7	10.2	10.2	10.3
		Social affairs	0.4	0.4	1.3	0.4	0.3	0.4	0.4
	Economic services		6.5	7.1	8.6	3.9	10.6	7.0	3.9
		Agriculture	2.1	2.3	2.8	2.6	3.9	3.1	2.9
		Mining	0.3	0.3	0.3	0.3	0.4	0.4	0.3
		Road infrastructure	3.1	3.6	5.2	0.0	5.6	3.5	0.6
		Transport and communications	1.0	0.8	0.2	0.5	0.7	0.0	0.1
		Other economic services	0.1	0.1	0.1	0.5	0.0	0.0	0.0
	Miscellaneous		62.2	75.5	84.5	74.9	83.1	90.1	89.7
		Of which: interest payments	16.5	19.2	19.0	21.6	25.4	22.6	17.4
Capital expenditure			54.7	65.8	69.7	73.9	89.0	116.5	115.5
	General services		20.6	22.5	27.1	24.2	22.8	33.2	31.4
		Education	3.8	5.3	7.3	4.5	4.3	12.5	11.3
		Health	7.0	9.1	16.8	16.4	15.6	16.8	20.0
		Social affairs	9.8	8.1	3.0	3.3	2.9	3.9	0.0
	Economic services		27.4	39.5	28.3	31.8	31.8	55.1	46.8
		Agriculture	19.8	25.3	17.5	12.3	18.6	26.3	16.3
		Mining and industry	0.5	1.0	1.5	1.2	1.4	0.0	0.0
		Energy	0.5	1.3	0.1	0.9	0.5	0.0	0.0
		Water	2.0	5.8	4.2	3.9	7.1	13.1	18.4
		Road infrastructure	3.9	5.6	4.7	13.3	4.2	15.4	12.1
		Other economic services	0.7	0.5	0.3	0.2	0.0	0.3	0.0
	Miscellaneous		6.7	3.8	14.3	17.9	34.4	28.2	37.3

Sources: Ministry of Finance and Economy.

Table 23.

Niger: Monetary Survey, 1997 - 2001

Sources: Central Bank of West African States (BCEAO); and staff estimates.

Table 23.

Niger: Monetary Survey, 1997 - 2001

						1997	1998	1999	2000	2001	2002	2003
						(In billions of CFA francs)
Net foreign assets						0.8	-0.2	-14.9	-1.3	33.1	24.4	3.4
		BCEAO				-4.0	-4.4	-18.0	2.5	19.7	10.2	-4.6
		Commercial banks				4.7	4.2	3.1	-3.7	13.4	14.2	8.0
Net domestic assets						98.8	100.5	109.7	104.4	103.9	112.0	114.7
	Domestic credit					113.0	112.9	119.2	111.6	114.0	128.9	140.3
		Net bank claims on the government				74.7	63.7	71.5	43.0	48.0	53.1	57.2
			BCEAO			59.2	57.9	65.4	41.8	47.6	54.5	56.8
				Of which: statutory advances		32.1	31.7	30.4	25.8	32.2	33.1	33.1
					IMF resources	35.5	42.6	39.0	45.8	53.0	66.2	74.4
			Commercial banks			12.9	3.1	3.3	-0.3	-1.3	-3.1	-2.0
			Other			2.7	2.7	2.9	1.6	1.6	1.7	2.4
		Credit to the economy				38.3	49.2	47.7	68.6	66.0	75.8	83.0
	Other items, net					-14.2	-12.4	-9.6	-7.2	-10.1	-16.9	-25.5
				Of which: revaluation account		-7.9	-8.0	-8.0	-8.0	0.0	-8.0	0.0
Money and quasi money						99.6	100.3	94.8	103.2	137.0	136.4	118.2
	Currency outside banks					41.7	44.9	34.1	32.2	49.8	39.3	9.1
	Private deposits with ONPE					2.7	2.5	2.9	1.6	1.6	1.7	2.4
	Deposits with banks					55.3	52.9	57.7	69.5	85.5	95.4	106.6
		Private sector				51.1	49.0	54.4	65.1	82.2	92.6	104.0
		Public institutions				4.1	3.9	3.4	4.3	3.4	2.8	2.6
						(Annual change, in percent of beginning-of-period broad money)
Net foreign assets						-12.1	-1.0	-14.6	14.4	33.3	-6.3	-15.4
		BCEAO				-16.5	-0.4	-13.5	21.5	16.7	-6.9	-10.9
		Commercial banks				4.4	-0.6	-1.1	-7.2	16.6	0.6	-4.5

Net domestic assets						11.1	1.7	9.1	-5.5	-0.5	5.9	2.0
	Domestic credit					10.1	-0.1	6.3	-8.1	2.3	10.9	8.3
		Net bank claims on the government				6.9	-11.1	7.8	-30.1	4.9	3.7	3.0
			BCEAO			3.8	-1.3	7.4	-24.9	5.7	5.0	1.7
				Of which: statutory advances		0.2	-0.4	-1.3	-4.9	6.2	0.7	0.0
			Commercial banks			3.0	-9.9	0.2	-3.8	-0.9	-1.3	0.8
			Other			0.1	0.0	0.2	-1.4	0.1	0.1	0.5
		Credit to the economy				3.2	10.9	-1.5	22.1	-2.5	7.1	5.3
		Other items, net				1.0	1.8	2.8	2.6	-2.8	-4.9	-6.3
Money and quasi money						-1.0	0.7	-5.5	8.9	32.8	-0.4	-13.4
Memorandum items:
		Credit to the economy (annual change)				9.1	28.5	-3.0	43.8	-3.8	14.8	9.5
		Velocity of circulation				10.9	12.2	13.1	12.6	10.4	11.1	13.4

Sources: Central Bank of West African States (BCEAO); and staff estimates.

Table 23.

Niger: Monetary Survey, 1997 - 2001

						1997	1998	1999	2000	2001	2002	2003
						(In billions of CFA francs)
Net foreign assets						0.8	-0.2	-14.9	-1.3	33.1	24.4	3.4
		BCEAO				-4.0	-4.4	-18.0	2.5	19.7	10.2	-4.6
		Commercial banks				4.7	4.2	3.1	-3.7	13.4	14.2	8.0
Net domestic assets						98.8	100.5	109.7	104.4	103.9	112.0	114.7
	Domestic credit					113.0	112.9	119.2	111.6	114.0	128.9	140.3
		Net bank claims on the government				74.7	63.7	71.5	43.0	48.0	53.1	57.2
			BCEAO			59.2	57.9	65.4	41.8	47.6	54.5	56.8
				Of which: statutory advances		32.1	31.7	30.4	25.8	32.2	33.1	33.1
					IMF resources	35.5	42.6	39.0	45.8	53.0	66.2	74.4
			Commercial banks			12.9	3.1	3.3	-0.3	-1.3	-3.1	-2.0
			Other			2.7	2.7	2.9	1.6	1.6	1.7	2.4
		Credit to the economy				38.3	49.2	47.7	68.6	66.0	75.8	83.0
	Other items, net					-14.2	-12.4	-9.6	-7.2	-10.1	-16.9	-25.5
				Of which: revaluation account		-7.9	-8.0	-8.0	-8.0	0.0	-8.0	0.0
Money and quasi money						99.6	100.3	94.8	103.2	137.0	136.4	118.2
	Currency outside banks					41.7	44.9	34.1	32.2	49.8	39.3	9.1
	Private deposits with ONPE					2.7	2.5	2.9	1.6	1.6	1.7	2.4
	Deposits with banks					55.3	52.9	57.7	69.5	85.5	95.4	106.6
		Private sector				51.1	49.0	54.4	65.1	82.2	92.6	104.0
		Public institutions				4.1	3.9	3.4	4.3	3.4	2.8	2.6
						(Annual change, in percent of beginning-of-period broad money)
Net foreign assets						-12.1	-1.0	-14.6	14.4	33.3	-6.3	-15.4
		BCEAO				-16.5	-0.4	-13.5	21.5	16.7	-6.9	-10.9
		Commercial banks				4.4	-0.6	-1.1	-7.2	16.6	0.6	-4.5

Net domestic assets						11.1	1.7	9.1	-5.5	-0.5	5.9	2.0
	Domestic credit					10.1	-0.1	6.3	-8.1	2.3	10.9	8.3
		Net bank claims on the government				6.9	-11.1	7.8	-30.1	4.9	3.7	3.0
			BCEAO			3.8	-1.3	7.4	-24.9	5.7	5.0	1.7
				Of which: statutory advances		0.2	-0.4	-1.3	-4.9	6.2	0.7	0.0
			Commercial banks			3.0	-9.9	0.2	-3.8	-0.9	-1.3	0.8
			Other			0.1	0.0	0.2	-1.4	0.1	0.1	0.5
		Credit to the economy				3.2	10.9	-1.5	22.1	-2.5	7.1	5.3
		Other items, net				1.0	1.8	2.8	2.6	-2.8	-4.9	-6.3
Money and quasi money						-1.0	0.7	-5.5	8.9	32.8	-0.4	-13.4
Memorandum items:
		Credit to the economy (annual change)				9.1	28.5	-3.0	43.8	-3.8	14.8	9.5
		Velocity of circulation				10.9	12.2	13.1	12.6	10.4	11.1	13.4

Sources: Central Bank of West African States (BCEAO); and staff estimates.

Table 24.

Niger: Factors Affecting Changes in Broad Money, 1997-2003

(Annual changes in percent of broad money at beginning of period)

Sources: Central Bank of West African States (BCEAO); and Nigerien authorities.

Table 24.

Niger: Factors Affecting Changes in Broad Money, 1997-2003

(Annual changes in percent of broad money at beginning of period)

				1997	1998	1999	2000	2001	2002	2003
Net foreign assets				-12.1	-1.0	-14.6	14.4	33.3	-6.3	-15.4
Domestic credit				10.1	-0.1	6.3	-8.1	2.3	10.9	8.3
	Net bank claims on the government			6.9	-11.1	7.8	-30.1	4.9	3.7	3.0
		Of which: financed by central bank		3.8	-1.3	7.4	-24.9	5.7	5.0	1.7
	Credit to the economy			3.2	10.9	-1.5	22.1	-2.5	7.1	5.3
			Performing credit	1.0	-1.0	0.1	0.9
			Nonperforming credit	2.1	11.9	-2.0	4.7	-2.6	9.8	7.2
Money and quasi money				-1.0	0.7	-5.5	8.9	32.8	-0.4	-13.4
				1.0	1.8	2.8	2.6	-2.8	-4.9	-6.3
Memorandum item:
		Velocity of circulation		10.9	12.2	13.1	12.6	10.4	11.1	13.4

Sources: Central Bank of West African States (BCEAO); and Nigerien authorities.

Table 24.

Niger: Factors Affecting Changes in Broad Money, 1997-2003

(Annual changes in percent of broad money at beginning of period)

				1997	1998	1999	2000	2001	2002	2003
Net foreign assets				-12.1	-1.0	-14.6	14.4	33.3	-6.3	-15.4
Domestic credit				10.1	-0.1	6.3	-8.1	2.3	10.9	8.3
	Net bank claims on the government			6.9	-11.1	7.8	-30.1	4.9	3.7	3.0
		Of which: financed by central bank		3.8	-1.3	7.4	-24.9	5.7	5.0	1.7
	Credit to the economy			3.2	10.9	-1.5	22.1	-2.5	7.1	5.3
			Performing credit	1.0	-1.0	0.1	0.9
			Nonperforming credit	2.1	11.9	-2.0	4.7	-2.6	9.8	7.2
Money and quasi money				-1.0	0.7	-5.5	8.9	32.8	-0.4	-13.4
				1.0	1.8	2.8	2.6	-2.8	-4.9	-6.3
Memorandum item:
		Velocity of circulation		10.9	12.2	13.1	12.6	10.4	11.1	13.4

Sources: Central Bank of West African States (BCEAO); and Nigerien authorities.

Table 25.

Niger: Net Foreign Assets, 1997 - 2003

(In billions of CFA francs; end of period)

Sources: Central Bank of West African States (BCEAO); and Nigerien authorities.

Table 25.

Niger: Net Foreign Assets, 1997 - 2003

(In billions of CFA francs; end of period)

			1997	1998	1999	2000	2001	2002	2003
Central Bank
	Foreign assets		32.1	40.1	25.1	57.7	80.8	84.5	73.9
		Of which: operations account	20.8	22.3	15.1	46.1	63.2	76.1	65.2
	Foreign liabilities		36.1	44.4	43.0	55.2	61.1	74.3	78.5
		Use of Fund resources	35.8	43.8	41.5	54.1	53.0	66.2	74.4
		Other	0.3	0.6	1.5	1.1	8.1	8.1	4.1
	Net foreign assets		-4.0	-4.4	-18.0	2.5	19.7	10.2	-4.6
Commercial Banks
	Foreign assets		24.5	21.3	28.9	26.4	40.0	30.6	34.2
	Foreign liabilities		19.8	17.1	25.8	30.2	26.6	16.4	26.2
	Net foreign assets		4.7	4.2	3.1	-3.7	13.4	14.2	8.0
Banking System
	Foreign assets		56.6	61.4	54.0	84.1	120.8	115.1	108.1
	Foreign liabilities		55.9	61.5	68.8	85.4	87.7	90.7	104.7
	Net foreign assets		0.7	-0.2	-14.9	-1.2	33.1	24.4	3.4

Sources: Central Bank of West African States (BCEAO); and Nigerien authorities.

Table 25.

Niger: Net Foreign Assets, 1997 - 2003

(In billions of CFA francs; end of period)

			1997	1998	1999	2000	2001	2002	2003
Central Bank
	Foreign assets		32.1	40.1	25.1	57.7	80.8	84.5	73.9
		Of which: operations account	20.8	22.3	15.1	46.1	63.2	76.1	65.2
	Foreign liabilities		36.1	44.4	43.0	55.2	61.1	74.3	78.5
		Use of Fund resources	35.8	43.8	41.5	54.1	53.0	66.2	74.4
		Other	0.3	0.6	1.5	1.1	8.1	8.1	4.1
	Net foreign assets		-4.0	-4.4	-18.0	2.5	19.7	10.2	-4.6
Commercial Banks
	Foreign assets		24.5	21.3	28.9	26.4	40.0	30.6	34.2
	Foreign liabilities		19.8	17.1	25.8	30.2	26.6	16.4	26.2
	Net foreign assets		4.7	4.2	3.1	-3.7	13.4	14.2	8.0
Banking System
	Foreign assets		56.6	61.4	54.0	84.1	120.8	115.1	108.1
	Foreign liabilities		55.9	61.5	68.8	85.4	87.7	90.7	104.7
	Net foreign assets		0.7	-0.2	-14.9	-1.2	33.1	24.4	3.4

Sources: Central Bank of West African States (BCEAO); and Nigerien authorities.

Table 26.

Niger: Banking System Claims on the Government, 1997-2003

(In billions of CFA francs; end of period)

Sources: Central Bank of West African States (BCEAO); and Nigerien authorities.

Table 26.

Niger: Banking System Claims on the Government, 1997-2003

(In billions of CFA francs; end of period)

			1997	1998	1999	2000	2001	2002	2003
Central bank			59.2	57.9	65.4	41.8	47.6	54.5	56.7
	Claims		67.7	74.3	69.4	72.2	85.6	99.7	109.2
		Statutory advances	32.1	31.7	30.4	25.8	32.2	33.1	33.1
		IMF on-lending	35.5	42.6	39.0	45.8	53.0	66.2	74.4
		Consolidated advances	0.0	0.0	0.0	0.6	0.5	0.4	1.7
	Liabilities		8.5	16.4	4.2	30.4	38.0	45.2	52.6
		Post office deposits	0.0	0.0	0.0	0.0	0.0	0.0	0.3
		Treasury deposits	0.0	0.0	0.8	0.0	0.0	0.0	1.5
		Other government deposit	8.1	16.0	3.0	30.0	37.6	44.8	49.6
		Treasury currency holding	0.4	0.4	0.4	0.4	0.4	0.4	1.2
Commercial banks			12.8	3.0	3.4	-0.3	-1.3	-3.1	-2.0
	Claims		16.8	12.8	12.2	11.4	10.7	10.4	10.9
		Postal checking system	0.4	0.7	0.9	0.4	0.2	0.5	0.5
		Government paper	8.4	6.1	5.6	5.3	5.7	4.7	4.7
		Other	8.0	6.2	5.7	5.7	4.9	5.3	5.6
	Liabilities		4.0	9.8	8.8	11.6	12.0	13.6	12.9
		Demand deposits	3.2	8.7	7.2	10.0	11.3	9.9	9.0
		Time deposits	0.8	1.1	1.6	1.6	0.7	3.6	3.8
		Other	0.0	0.0	0.0	0.0	0.0	0.0	0.1
Private deposits with postal checking system			2.8	2.5	2.9	1.6	1.6	1.7	2.4
	Customs duty bills		0.0	0.0	0.0	0.0	0.0	0.0	0.0
Net banking system claims on the government			74.8	63.4	71.7	43.1	48.0	53.1	57.1

Sources: Central Bank of West African States (BCEAO); and Nigerien authorities.

Table 26.

Niger: Banking System Claims on the Government, 1997-2003

(In billions of CFA francs; end of period)

			1997	1998	1999	2000	2001	2002	2003
Central bank			59.2	57.9	65.4	41.8	47.6	54.5	56.7
	Claims		67.7	74.3	69.4	72.2	85.6	99.7	109.2
		Statutory advances	32.1	31.7	30.4	25.8	32.2	33.1	33.1
		IMF on-lending	35.5	42.6	39.0	45.8	53.0	66.2	74.4
		Consolidated advances	0.0	0.0	0.0	0.6	0.5	0.4	1.7
	Liabilities		8.5	16.4	4.2	30.4	38.0	45.2	52.6
		Post office deposits	0.0	0.0	0.0	0.0	0.0	0.0	0.3
		Treasury deposits	0.0	0.0	0.8	0.0	0.0	0.0	1.5
		Other government deposit	8.1	16.0	3.0	30.0	37.6	44.8	49.6
		Treasury currency holding	0.4	0.4	0.4	0.4	0.4	0.4	1.2
Commercial banks			12.8	3.0	3.4	-0.3	-1.3	-3.1	-2.0
	Claims		16.8	12.8	12.2	11.4	10.7	10.4	10.9
		Postal checking system	0.4	0.7	0.9	0.4	0.2	0.5	0.5
		Government paper	8.4	6.1	5.6	5.3	5.7	4.7	4.7
		Other	8.0	6.2	5.7	5.7	4.9	5.3	5.6
	Liabilities		4.0	9.8	8.8	11.6	12.0	13.6	12.9
		Demand deposits	3.2	8.7	7.2	10.0	11.3	9.9	9.0
		Time deposits	0.8	1.1	1.6	1.6	0.7	3.6	3.8
		Other	0.0	0.0	0.0	0.0	0.0	0.0	0.1
Private deposits with postal checking system			2.8	2.5	2.9	1.6	1.6	1.7	2.4
	Customs duty bills		0.0	0.0	0.0	0.0	0.0	0.0	0.0
Net banking system claims on the government			74.8	63.4	71.7	43.1	48.0	53.1	57.1

Sources: Central Bank of West African States (BCEAO); and Nigerien authorities.

Table 27.

Niger: Summary Accounts of the Central Bank, 1997 - 2003

(In billions of CFA francs; end of period)

Table 27.

Niger: Summary Accounts of the Central Bank, 1997 - 2003

(In billions of CFA francs; end of period)

			1997	1998	1999	2000	2001	2002	2003
Net foreign assets			-4.0	-14.5	-17.9	2.5	19.7	10.2	-4.6
	Assets		32.1	29.9	25.1	57.7	80.8	84.5	73.9
	Liabilities		36.1	44.4	43.0	55.2	61.1	74.3	78.3
Net claims on the government			59.2	57.9	65.4	41.8	47.6	54.5	56.8
	Claims		67.6	74.3	69.5	72.2	85.6	99.7	109.4
	Liabilities		8.5	16.4	4.1	30.4	38.0	45.2	52.6
Net claims on banks			-5.6	-3.8	-7.1	-11	-15.4	-22.3	-29.5
	Claims		3.2	3.9	1.2	1.2	1.2	1.2	1.2
		Advances, money market	3.2	3.9	1.2	1.2	0.0	0.0	0.0
		Other advances	0.0	0.0	0.0	0.0	0.0	0.0	30.7
	Liabilities		8.8	7.7	8.3	12.2	16.6	23.5	30.7
		Deposits, money market	0.0	0.0	0.0	0.0	0.0	0.0	0.0
		Other deposits	6.6	4.5	6.2	10.0	12.3	18.6	23.2
		Currency held by banks	2.2	3.2	2.1	2.3	4.4	4.9	7.6
Net claims on other financial institutions			0.0	0.0	0.0	0.0	0.0	0.0	0.0
Currency outside banks			41.7	24.5	34.1	32.2	49.8	39.3	15.3
SDR counterpart			7.5	7.6	7.9	9.0	8.8	8.7	7.7
Other items, net			0.3	7.1	-2.2	-8.2	-7.1	-6.0	2.5

Table 27.

Niger: Summary Accounts of the Central Bank, 1997 - 2003

(In billions of CFA francs; end of period)

			1997	1998	1999	2000	2001	2002	2003
Net foreign assets			-4.0	-14.5	-17.9	2.5	19.7	10.2	-4.6
	Assets		32.1	29.9	25.1	57.7	80.8	84.5	73.9
	Liabilities		36.1	44.4	43.0	55.2	61.1	74.3	78.3
Net claims on the government			59.2	57.9	65.4	41.8	47.6	54.5	56.8
	Claims		67.6	74.3	69.5	72.2	85.6	99.7	109.4
	Liabilities		8.5	16.4	4.1	30.4	38.0	45.2	52.6
Net claims on banks			-5.6	-3.8	-7.1	-11	-15.4	-22.3	-29.5
	Claims		3.2	3.9	1.2	1.2	1.2	1.2	1.2
		Advances, money market	3.2	3.9	1.2	1.2	0.0	0.0	0.0
		Other advances	0.0	0.0	0.0	0.0	0.0	0.0	30.7
	Liabilities		8.8	7.7	8.3	12.2	16.6	23.5	30.7
		Deposits, money market	0.0	0.0	0.0	0.0	0.0	0.0	0.0
		Other deposits	6.6	4.5	6.2	10.0	12.3	18.6	23.2
		Currency held by banks	2.2	3.2	2.1	2.3	4.4	4.9	7.6
Net claims on other financial institutions			0.0	0.0	0.0	0.0	0.0	0.0	0.0
Currency outside banks			41.7	24.5	34.1	32.2	49.8	39.3	15.3
SDR counterpart			7.5	7.6	7.9	9.0	8.8	8.7	7.7
Other items, net			0.3	7.1	-2.2	-8.2	-7.1	-6.0	2.5

Table 28.

Niger: Summary Accounts of the Commercial Banks, 1997 - 2003

(In billions of CFA francs; end of period)

Sources: Central Bank of West African States (BCEAO); and Nigerien authorities.

Table 28.

Niger: Summary Accounts of the Commercial Banks, 1997 - 2003

(In billions of CFA francs; end of period)

			1997	1998	1999	2000	2001	2002	2003
Net foreign assets			4.7	4.2	3.1	-3.8	13.4	14.2	8.0
	Assets		24.5	21.3	28.9	26.4	14.0	30.3	34.0
	Liabilities, short term		19.8	17.1	25.8	30.2	26.6	16.1	26.0
Net money market			0.0	0.0	0.0	0.0	0.0	0.0	0.0
	Deposits		0.0	0.0	0.0	0.0	0.0	0.0	0.0
	Advances		0.0	0.0	0.0	0.0	0.0	0.0	0.0
Other reserves			8.2	7.7	8.8	10.5	15.2	22.1	30.1
	Currency holdings		2.3	3.2	2.1	2.3	4.4	4.9	7.6
	Deposits at central bank		5.9	4.5	6.7	8.3	10.9	17.1	22.5
Net bank claims on the government			12.9	3.1	3.3	-0.3	-1.3	-3.1	-2.0
	Claims		16.8	12.8	12.1	11.3	10.7	10.4	10.9
	Deposits		3.9	9.8	8.8	11.6	12.0	13.5	12.9
Credit to the private sector			38.3	49.2	47.7	68.6	66.0	75.8	83.0
	Short term		27.5	35.7	35.1	56.2	54.0	62.7	64.1
	Medium- and long term		10.9	13.5	12.7	12.5	12.1	13.1	18.9
		Performing credit	7.7	12.1	11.2	11.0	10.4	12.3	14.5
		Nonperforming credit	3.2	1.3	1.5	1.5	1.7	0.8	4.4
Deposits			55.3	52.7	57.7	69.5	85.5	95.4	106.6
	Demand		30.0	32.1	34.0	42.2	52.4	54.5	61.8
		Of which: public enterprises	1.9	1.7	2.1	2.3	2.0	1.7	1.4
	Time		25.3	20.6	23.8	27.0	32.7	40.5	44.4
		Of which: public enterprises	2.3	2.2	1.3	2.0	1.3	1.1	1.2
Central bank rediscounts			3.2	3.9	1.2	1.2	1.2	1.2	1.2
Long-term foreign liabilities			0.0	0.0	0.0	0.0	0.0	0.3	0.3
Other items, net			5.6	7.5	4.0	4.7	7.0	12.4	11.5

Sources: Central Bank of West African States (BCEAO); and Nigerien authorities.

Table 28.

Niger: Summary Accounts of the Commercial Banks, 1997 - 2003

(In billions of CFA francs; end of period)

			1997	1998	1999	2000	2001	2002	2003
Net foreign assets			4.7	4.2	3.1	-3.8	13.4	14.2	8.0
	Assets		24.5	21.3	28.9	26.4	14.0	30.3	34.0
	Liabilities, short term		19.8	17.1	25.8	30.2	26.6	16.1	26.0
Net money market			0.0	0.0	0.0	0.0	0.0	0.0	0.0
	Deposits		0.0	0.0	0.0	0.0	0.0	0.0	0.0
	Advances		0.0	0.0	0.0	0.0	0.0	0.0	0.0
Other reserves			8.2	7.7	8.8	10.5	15.2	22.1	30.1
	Currency holdings		2.3	3.2	2.1	2.3	4.4	4.9	7.6
	Deposits at central bank		5.9	4.5	6.7	8.3	10.9	17.1	22.5
Net bank claims on the government			12.9	3.1	3.3	-0.3	-1.3	-3.1	-2.0
	Claims		16.8	12.8	12.1	11.3	10.7	10.4	10.9
	Deposits		3.9	9.8	8.8	11.6	12.0	13.5	12.9
Credit to the private sector			38.3	49.2	47.7	68.6	66.0	75.8	83.0
	Short term		27.5	35.7	35.1	56.2	54.0	62.7	64.1
	Medium- and long term		10.9	13.5	12.7	12.5	12.1	13.1	18.9
		Performing credit	7.7	12.1	11.2	11.0	10.4	12.3	14.5
		Nonperforming credit	3.2	1.3	1.5	1.5	1.7	0.8	4.4
Deposits			55.3	52.7	57.7	69.5	85.5	95.4	106.6
	Demand		30.0	32.1	34.0	42.2	52.4	54.5	61.8
		Of which: public enterprises	1.9	1.7	2.1	2.3	2.0	1.7	1.4
	Time		25.3	20.6	23.8	27.0	32.7	40.5	44.4
		Of which: public enterprises	2.3	2.2	1.3	2.0	1.3	1.1	1.2
Central bank rediscounts			3.2	3.9	1.2	1.2	1.2	1.2	1.2
Long-term foreign liabilities			0.0	0.0	0.0	0.0	0.0	0.3	0.3
Other items, net			5.6	7.5	4.0	4.7	7.0	12.4	11.5

Sources: Central Bank of West African States (BCEAO); and Nigerien authorities.

Table 29.

Niger: Distribution of Credit to the Public and Private Sectors, 1997- 2003 ^1/ ^2/

(In millions of CFA francs; end of period)

Sources: Central Bank of West African States (BCEAO); and Nigerien authorities.

^¹Excluding central government.

^²As declared to the Centrale des Risques du Niger; totals may differ from those in Table 28.

Table 29.

Niger: Distribution of Credit to the Public and Private Sectors, 1997- 2003 ^1/ ^2/

(In millions of CFA francs; end of period)

		1997	1998	1999	2000	2001	2002	2003
Short term
	Agriculture	1,032	1,326	1,169	1,105	1,040	410	516
	Mining	4,662	4,450	1,278	1,476	626	1,178	1,212
	Industry	5,898	6,650	8,702	7,698	8,196	9,468	4,703
	Construction	6,010	7,720	7,797	5,214	5,944	5,963	6,838
	Transport	2,685	3,450	3,674	3,391	2,589	2,456	3,845
	Commerce	22,395	29,500	35,116	41,720	40,099	34,136	40,743
	Other	7,914	8,541	9,033	11,770	15,920	17,370	19,713
Total		50,596	61,637	66,769	72,374	74,414	70,981	77,570
	Of which: public and semipublic enterprises	6,640	6,851	13,181	21,497	16,985	15,741	13,490
Medium term
	Agriculture	44	56	0	0	38	35	47
	Mining	0	0	0	0	0	0	0
	Industry	270	280	421	772	613	431	493
	Construction	50	64	60	309	377	574	410
	Transport	438	562	705	1,099	804	998	1,012
	Commerce	864	1,109	2,716	2,303	2,342	1,808	2,131
	Other	919	989	2,338	2,940	4,266	6,670	5,345
Total		2,583	3,061	6,240	7,423	8,440	10,516	9,438
	Of which: public and semipublic enterprises	6	7	532	910	1,575	1,288	1,010
Long term
	Agriculture	0	0	0	0	0	0	0
	Mining	0	0	0	0	0	0	0
	Industry	0	21	9	7	0	0	0
	Construction	0	0	0	0	36	0	0
	Transport	0	0	16	14	45	17	0
	Commerce	0	37	42	33	0	14	24
	Other	263	295	2,238	1,947	1,879	1,658	1,128
Total		263	353	2,305	2,001	1,960	1,689	1,152
	Of which: public and semipublic enterprises	0	0	750	577	554	554	554
Total		53,443	65,051	75,314	81,798	84,814	83,186	88,160
	Of which: public and semipublic enterprises	6,646	6,858	14,463	22,984	19,114	17,583	15,054

Sources: Central Bank of West African States (BCEAO); and Nigerien authorities.

^¹Excluding central government.

^²As declared to the Centrale des Risques du Niger; totals may differ from those in Table 28.

Table 29.

Niger: Distribution of Credit to the Public and Private Sectors, 1997- 2003 ^1/ ^2/

(In millions of CFA francs; end of period)

		1997	1998	1999	2000	2001	2002	2003
Short term
	Agriculture	1,032	1,326	1,169	1,105	1,040	410	516
	Mining	4,662	4,450	1,278	1,476	626	1,178	1,212
	Industry	5,898	6,650	8,702	7,698	8,196	9,468	4,703
	Construction	6,010	7,720	7,797	5,214	5,944	5,963	6,838
	Transport	2,685	3,450	3,674	3,391	2,589	2,456	3,845
	Commerce	22,395	29,500	35,116	41,720	40,099	34,136	40,743
	Other	7,914	8,541	9,033	11,770	15,920	17,370	19,713
Total		50,596	61,637	66,769	72,374	74,414	70,981	77,570
	Of which: public and semipublic enterprises	6,640	6,851	13,181	21,497	16,985	15,741	13,490
Medium term
	Agriculture	44	56	0	0	38	35	47
	Mining	0	0	0	0	0	0	0
	Industry	270	280	421	772	613	431	493
	Construction	50	64	60	309	377	574	410
	Transport	438	562	705	1,099	804	998	1,012
	Commerce	864	1,109	2,716	2,303	2,342	1,808	2,131
	Other	919	989	2,338	2,940	4,266	6,670	5,345
Total		2,583	3,061	6,240	7,423	8,440	10,516	9,438
	Of which: public and semipublic enterprises	6	7	532	910	1,575	1,288	1,010
Long term
	Agriculture	0	0	0	0	0	0	0
	Mining	0	0	0	0	0	0	0
	Industry	0	21	9	7	0	0	0
	Construction	0	0	0	0	36	0	0
	Transport	0	0	16	14	45	17	0
	Commerce	0	37	42	33	0	14	24
	Other	263	295	2,238	1,947	1,879	1,658	1,128
Total		263	353	2,305	2,001	1,960	1,689	1,152
	Of which: public and semipublic enterprises	0	0	750	577	554	554	554
Total		53,443	65,051	75,314	81,798	84,814	83,186	88,160
	Of which: public and semipublic enterprises	6,646	6,858	14,463	22,984	19,114	17,583	15,054

Sources: Central Bank of West African States (BCEAO); and Nigerien authorities.

^¹Excluding central government.

^²As declared to the Centrale des Risques du Niger; totals may differ from those in Table 28.

Table 30.

Niger: Distribution of Credit to the Public and Private Sectors, 1997-2003 ¹

(In percent; end of period)

Source: Table 29.

^¹Excluding central government.

Table 30.

Niger: Distribution of Credit to the Public and Private Sectors, 1997-2003 ¹

(In percent; end of period)

	1997	1998	1999	2000	2001	2002	2003
Short term
	Agriculture	2.0	2.2	1.8	1.5	1.4	0.6	0.7
	Mining	9.2	7.2	1.9	2	0.8	1.7	1.6
	Industry	11.7	10.8	13.0	10.6	11	13.3	6.1
	Construction	11.9	12.5	11.7	7.2	8	8.4	8.8
	Transport	5.3	5.6	5.5	4.7	3.5	3.5	5
	Commerce	44.3	47.9	52.6	57.6	53.9	48.1	52.5
	Other	15.6	13.9	13.5	16.3	31.4	24.5	25.4

Total		100.0	100.0	100.0	99.9	100	100	100
	Of which: public and semipublic enterprises	13.1	11.1	19.7	29.7	22.8	22.2	17.4
Medium and long term
	Agriculture	1.7	1.8	0.0	0	0.5	0.3	0.5
	Mining	0.0	0.0	0.0	0	0	0	0
	Industry	10.4	9.1	6.7	10.4	7.3	4.1	5.2
	Construction	1.9	2.1	1.0	4.2	4.5	5.5	4.3
	Transport	16.9	18.4	11.3	14.8	9.5	9.5	10.7
	Commerce	33.4	36.2	43.5	31	27.7	17.2	22.6
	Other	35.6	32.3	37.5	39.6	50.5	63.4	56.6
Total		100.0	100.0	100.0	100.0	100.0	100.0	99.9
	Of which: public and semipublic enterprises	0.2	0.2	8.5	12.3	18.7	12.2	10.7
Short, medium, and long term
	Agriculture	0.0	0.0	0.0	0	0	0	0
	Mining	0.0	0.0	0.0	0	0	0	0
	Industry	0.0	5.9	0.4	0.3	0	0	0
	Construction	0.0	0.0	0.0	0	1.8	0	0
	Transport	0.0	0.0	0.7	0.7	2.3	1	0
	Commerce	0.0	10.5	1.8	1.6	0	0.8	2.1
	Other	100.0	83.6	97.1	97.3	95.9	98.2	97.9
		100.0	100.0	100.0	100.0	100.0	100.0	100.0
Total		100.0	100.0	100.0	100	100	100	100
	Of which: public and semipublic enterprises	12.4	10.5	19.2	28.1	22.5	21.1	17.1

Source: Table 29.

^¹Excluding central government.

Table 30.

Niger: Distribution of Credit to the Public and Private Sectors, 1997-2003 ¹

(In percent; end of period)

	1997	1998	1999	2000	2001	2002	2003
Short term
	Agriculture	2.0	2.2	1.8	1.5	1.4	0.6	0.7
	Mining	9.2	7.2	1.9	2	0.8	1.7	1.6
	Industry	11.7	10.8	13.0	10.6	11	13.3	6.1
	Construction	11.9	12.5	11.7	7.2	8	8.4	8.8
	Transport	5.3	5.6	5.5	4.7	3.5	3.5	5
	Commerce	44.3	47.9	52.6	57.6	53.9	48.1	52.5
	Other	15.6	13.9	13.5	16.3	31.4	24.5	25.4

Total		100.0	100.0	100.0	99.9	100	100	100
	Of which: public and semipublic enterprises	13.1	11.1	19.7	29.7	22.8	22.2	17.4
Medium and long term
	Agriculture	1.7	1.8	0.0	0	0.5	0.3	0.5
	Mining	0.0	0.0	0.0	0	0	0	0
	Industry	10.4	9.1	6.7	10.4	7.3	4.1	5.2
	Construction	1.9	2.1	1.0	4.2	4.5	5.5	4.3
	Transport	16.9	18.4	11.3	14.8	9.5	9.5	10.7
	Commerce	33.4	36.2	43.5	31	27.7	17.2	22.6
	Other	35.6	32.3	37.5	39.6	50.5	63.4	56.6
Total		100.0	100.0	100.0	100.0	100.0	100.0	99.9
	Of which: public and semipublic enterprises	0.2	0.2	8.5	12.3	18.7	12.2	10.7
Short, medium, and long term
	Agriculture	0.0	0.0	0.0	0	0	0	0
	Mining	0.0	0.0	0.0	0	0	0	0
	Industry	0.0	5.9	0.4	0.3	0	0	0
	Construction	0.0	0.0	0.0	0	1.8	0	0
	Transport	0.0	0.0	0.7	0.7	2.3	1	0
	Commerce	0.0	10.5	1.8	1.6	0	0.8	2.1
	Other	100.0	83.6	97.1	97.3	95.9	98.2	97.9
		100.0	100.0	100.0	100.0	100.0	100.0	100.0
Total		100.0	100.0	100.0	100	100	100	100
	Of which: public and semipublic enterprises	12.4	10.5	19.2	28.1	22.5	21.1	17.1

Source: Table 29.

^¹Excluding central government.

Table 31.

Niger: Rediscount Rates Applied by the Central Bank, 1989-2003 ¹

(In percent per year)

Source: Central Bank of West African States (BCEAO).

^¹Rates applied to short-term credit of 1 year or less and to medium-term credit of up to 10 years, and 15 years since October 1, 1989. The BCEAO also rediscounts long-term credit that, at the time of rediscounting, has no more than 10 years to maturity.

^²The unified discount rate is applicable to all advances except those to the treasury.

Table 31.

Niger: Rediscount Rates Applied by the Central Bank, 1989-2003 ¹

(In percent per year)

	Normal	Preferentiel	Unified Discount Rate ^/2	Advance to Treasury Special Rate
October 2, 1989	abolished	abolished	10.50	9.60
November 27, 1989			11.00	9.60
August 20, 1992			13.00	9.70
November 9, 1992			12.50	8.90
December 20, 1993			10.50	9.70
January 18, 1994			14.50	7.70
June 27, 1994			12.00	7.70
August 1, 1994			11.00	5.20
August 29, 1994			10.00	5.20
January 23, 1995			9.00	5.20
June 5, 1995			8.50	4.50
December 26, 1996			7.50	6.50
August 19, 1996			7.00	4.50
October 21, 1996			6.50	4.50
February 17, 1997			6.25	4.51
September 8, 1997			6.00	5.20
August 31, 1998			6.25	4.95
January 4, 1999			5.75	4.95
December 31, 1999			5.75	4.95
June 19, 2000			6.50	5.20
July 7, 2003			5.50	4.95
October 20, 2003			5.00	4.50
December 31, 2003			5.00	4.50

Source: Central Bank of West African States (BCEAO).

^¹Rates applied to short-term credit of 1 year or less and to medium-term credit of up to 10 years, and 15 years since October 1, 1989. The BCEAO also rediscounts long-term credit that, at the time of rediscounting, has no more than 10 years to maturity.

^²The unified discount rate is applicable to all advances except those to the treasury.

Table 31.

Niger: Rediscount Rates Applied by the Central Bank, 1989-2003 ¹

(In percent per year)

	Normal	Preferentiel	Unified Discount Rate ^/2	Advance to Treasury Special Rate
October 2, 1989	abolished	abolished	10.50	9.60
November 27, 1989			11.00	9.60
August 20, 1992			13.00	9.70
November 9, 1992			12.50	8.90
December 20, 1993			10.50	9.70
January 18, 1994			14.50	7.70
June 27, 1994			12.00	7.70
August 1, 1994			11.00	5.20
August 29, 1994			10.00	5.20
January 23, 1995			9.00	5.20
June 5, 1995			8.50	4.50
December 26, 1996			7.50	6.50
August 19, 1996			7.00	4.50
October 21, 1996			6.50	4.50
February 17, 1997			6.25	4.51
September 8, 1997			6.00	5.20
August 31, 1998			6.25	4.95
January 4, 1999			5.75	4.95
December 31, 1999			5.75	4.95
June 19, 2000			6.50	5.20
July 7, 2003			5.50	4.95
October 20, 2003			5.00	4.50
December 31, 2003			5.00	4.50

Source: Central Bank of West African States (BCEAO).

^¹Rates applied to short-term credit of 1 year or less and to medium-term credit of up to 10 years, and 15 years since October 1, 1989. The BCEAO also rediscounts long-term credit that, at the time of rediscounting, has no more than 10 years to maturity.

^²The unified discount rate is applicable to all advances except those to the treasury.

Table 32.

Niger: Lending Rates Applied by Commercial Banks, 1988 - 2001

(In percent per year)

Source: Central Bank of West African States (BCEAO).

^¹Originally not exceeding CFAF 20 million; since May 1, 1979, not exceeding CFAF 30 million.

^²Of any member state of West African Monetary Union (WAMU).

^³Originally, with maturity of more than 2 years and less than 10 years, and less than 15 years since October 2, 1989.

⁴Minimum abolished on October 2, 1989.

⁵Cannot exceed the legal usury rate, set at twice the prevailing discount rate. Since 1998, it has been set at 18 percent.

Table 32.

Niger: Lending Rates Applied by Commercial Banks, 1988 - 2001

(In percent per year)

			Dec. 23		March 30		Oct 2	Nov 27	Aug 20	Nov 9	Oct 1
			1988		1989		1989	1989	1992	1992	1993
			Min.	Max.	Min.	Max.	Max.	Max.	Max.	Max.
Rates
	Short- and medium-term credit
		Crop financing and export credit	8.5	9.5	10.0	11.0	15.5	16.0	18.0	17.5	Free
		Financing of storage of agricultural products	8.5	9.5	10.0	11.0	15.5	16.0	18.0	17.5	Free
		Credit to small and medium-sized national enterprises ¹	8.5	10.5	10.0	12.0	15.5	16.0	18.0	17.5	Free
		Credit to nationals ² for construction of first primary residence	8.5	10.5	10.0	12.0	15.5	16.0	18.0	17.5	Free
		Other credits	9.5	14.5	10.0	15.0	15.5	16.0	18.0	17.5	Free
	Long-term credit ³
		Credit to small and medium-sized national enterprises ¹	8.5	10.5	10.0	12.0	15.5	16.0	18.0	17.5	Free
		Credit to nationals ² for construction of first primary residence	8.5	10.5	10.0	12.0	15.5	16.0	18.0	17.5	Free
		Other credits	9.5	14.5	10.0	15.0	15.5	16.0	18.0	17.5	Free

Source: Central Bank of West African States (BCEAO).

^¹Originally not exceeding CFAF 20 million; since May 1, 1979, not exceeding CFAF 30 million.

^²Of any member state of West African Monetary Union (WAMU).

^³Originally, with maturity of more than 2 years and less than 10 years, and less than 15 years since October 2, 1989.

⁴Minimum abolished on October 2, 1989.

⁵Cannot exceed the legal usury rate, set at twice the prevailing discount rate. Since 1998, it has been set at 18 percent.

Table 32.

Niger: Lending Rates Applied by Commercial Banks, 1988 - 2001

(In percent per year)

			Dec. 23		March 30		Oct 2	Nov 27	Aug 20	Nov 9	Oct 1
			1988		1989		1989	1989	1992	1992	1993
			Min.	Max.	Min.	Max.	Max.	Max.	Max.	Max.
Rates
	Short- and medium-term credit
		Crop financing and export credit	8.5	9.5	10.0	11.0	15.5	16.0	18.0	17.5	Free
		Financing of storage of agricultural products	8.5	9.5	10.0	11.0	15.5	16.0	18.0	17.5	Free
		Credit to small and medium-sized national enterprises ¹	8.5	10.5	10.0	12.0	15.5	16.0	18.0	17.5	Free
		Credit to nationals ² for construction of first primary residence	8.5	10.5	10.0	12.0	15.5	16.0	18.0	17.5	Free
		Other credits	9.5	14.5	10.0	15.0	15.5	16.0	18.0	17.5	Free
	Long-term credit ³
		Credit to small and medium-sized national enterprises ¹	8.5	10.5	10.0	12.0	15.5	16.0	18.0	17.5	Free
		Credit to nationals ² for construction of first primary residence	8.5	10.5	10.0	12.0	15.5	16.0	18.0	17.5	Free
		Other credits	9.5	14.5	10.0	15.0	15.5	16.0	18.0	17.5	Free

Source: Central Bank of West African States (BCEAO).

^¹Originally not exceeding CFAF 20 million; since May 1, 1979, not exceeding CFAF 30 million.

^²Of any member state of West African Monetary Union (WAMU).

^³Originally, with maturity of more than 2 years and less than 10 years, and less than 15 years since October 2, 1989.

⁴Minimum abolished on October 2, 1989.

⁵Cannot exceed the legal usury rate, set at twice the prevailing discount rate. Since 1998, it has been set at 18 percent.

Table 33.

Niger: Deposit Rates Applied by Commercial Banks, 1989-2003 ¹

(In percent per year)

Source: Central Bank of West African States (BCEAO).

^¹Fixed rates, unless marked with an asterisks (^*), in which case they are minimum rates.

^²Includes deposits of the treasury, Post Office Savings Bank, and other government agencies, public and mixed enterprises, and special private sector deposits resulting from legal requirements, such as reserves of insurance.

³Deposit rates no longer fixed by the BCEAO.

^⁴Average monthly money market rate published by the BCEAO minus 2 percent.

^⁵Applicable to savings deposits of less than CFAF 5 million.

^⁶The requirement that banks pay interest on demand deposits was suspended beginning January1, 1985

Table 33.

Niger: Deposit Rates Applied by Commercial Banks, 1989-2003 ¹

(In percent per year)

			March 1989 - October 1989					November 1989 - October 1993				January 1994 - Present
			30 Mar. 1989	22 Sept. 1989	23 Dec. 1988	30 Mar. 1989	2 Oct. 1989	27 Nov. 1989	20-Aug 1992	9 Nov. 1992	1 Oct. 1993	18 Jan. 1994	8 Juil 1994	26 Sep. 1994	1er Avril 1996
						(Up to CFAF 500 000)				(Up to CFAF 5 million)		(Up to CFAF 5 millions)
Public deposits ²			Determined by agreement									Free
Other deposits
	Demand deposits		--	--⁴	--⁴	--⁴	--⁵	--⁵	--⁵	--⁵	--⁵	--⁵	--⁵	--⁵	--⁵
	Time deposits
		Less than six months	5.00	4.75	5.50	6.00	--⁵	--⁵	--⁵	--⁵	TMM-2 ⁶	TMM-2 ⁶	TMM-2 ⁶	TMM-2 ⁶	TMM-2 ⁶
		Six months -- less than one year	6.50	5.75	6.50	7.00	--⁵	--⁵	--⁵	--⁵	TMM-2 ⁶	TMM-2 ⁶	TMM-2 ⁶	TMM-2 ⁶	TMM-2 ⁶
		One year and more	7.75^*	7.00^*	8.00^*	8.50^*	--⁵	--⁵	--⁵	--⁵	--⁵	--⁵	--⁵	--⁵	--⁵
	Certificates of deposit
		Six months -- less than one year	6.50	5.75	6.50	7.00	--⁵	--⁵	--⁵	--⁵	TMM-2 ⁶	TMM-2 ⁶	TMM-2 ⁶	TMM-2 ⁶	TMM-2 ⁶
		One year and more	7.75^*	7.00^*	8.00^*	8.50^*	--⁵	--⁵	--⁵	--⁵	--⁵	--⁵	--⁵	--⁵	--⁵
Savings deposits ⁵			7.50	6.50	7.00	7.50	6.50	7.00	9.00	8.50	4.50	8.00	5.00	4.50	3.50
			(Above CFAF 500 000)							(Above CFAF 5 million)		(Plus de 5 millions de FCFA)
			Determined by agreement								Free			Free
Public deposits ²
Other deposits			--⁴	--⁴	--⁴	--⁴	--⁵	--⁵	--⁵	--⁵	--⁵	--⁵	--⁵	--⁵	--⁵
	Demand deposits
	Time deposits
		Less than six months	6.50	5.75^*	6.50^*	7.00	6.50^*	7.00^*	9.00^*	8.50^*	--⁵	--⁵	--⁵	--⁵	--⁵
		Six months -- less than one year	7.75	7.00^*	7.75^*	8.25	7.50^*	8.00^*	10.00^*	9.50^*	--⁵	--⁵	--⁵	--⁵	--⁵
		One year and more	9.00^*	8.00^*	9.00^*	9.50^*	8.50^*	9.00^*	11.00^*	10.50^*	--⁵	--⁵	--⁵	--⁵	--⁵
	Certificates of deposit
		Six months -- less than one year	7.75	7.00^*	7.75	8.25^*	7.50^*	8.00^*	10.00^*	9.50^*	--⁵	--⁵	--⁵	--⁵	--⁵
		One year and more	9.00^*	8.00^*	9.00^*	9.50^*	8.50^*	9.00^*	11.00^*	10.50^*	--⁵	--⁵	--⁵	--⁵	--⁵
	Savings deposits ⁵		7.50	6.50	7.00	7.50	6.50	7.00	9.00	8.50	4.50	8.00	5.00	4.50	Libre

Source: Central Bank of West African States (BCEAO).

^¹Fixed rates, unless marked with an asterisks (^*), in which case they are minimum rates.

^²Includes deposits of the treasury, Post Office Savings Bank, and other government agencies, public and mixed enterprises, and special private sector deposits resulting from legal requirements, such as reserves of insurance.

³Deposit rates no longer fixed by the BCEAO.

^⁴Average monthly money market rate published by the BCEAO minus 2 percent.

^⁵Applicable to savings deposits of less than CFAF 5 million.

^⁶The requirement that banks pay interest on demand deposits was suspended beginning January1, 1985

Table 33.

Niger: Deposit Rates Applied by Commercial Banks, 1989-2003 ¹

(In percent per year)

			March 1989 - October 1989					November 1989 - October 1993				January 1994 - Present
			30 Mar. 1989	22 Sept. 1989	23 Dec. 1988	30 Mar. 1989	2 Oct. 1989	27 Nov. 1989	20-Aug 1992	9 Nov. 1992	1 Oct. 1993	18 Jan. 1994	8 Juil 1994	26 Sep. 1994	1er Avril 1996
						(Up to CFAF 500 000)				(Up to CFAF 5 million)		(Up to CFAF 5 millions)
Public deposits ²			Determined by agreement									Free
Other deposits
	Demand deposits		--	--⁴	--⁴	--⁴	--⁵	--⁵	--⁵	--⁵	--⁵	--⁵	--⁵	--⁵	--⁵
	Time deposits
		Less than six months	5.00	4.75	5.50	6.00	--⁵	--⁵	--⁵	--⁵	TMM-2 ⁶	TMM-2 ⁶	TMM-2 ⁶	TMM-2 ⁶	TMM-2 ⁶
		Six months -- less than one year	6.50	5.75	6.50	7.00	--⁵	--⁵	--⁵	--⁵	TMM-2 ⁶	TMM-2 ⁶	TMM-2 ⁶	TMM-2 ⁶	TMM-2 ⁶
		One year and more	7.75^*	7.00^*	8.00^*	8.50^*	--⁵	--⁵	--⁵	--⁵	--⁵	--⁵	--⁵	--⁵	--⁵
	Certificates of deposit
		Six months -- less than one year	6.50	5.75	6.50	7.00	--⁵	--⁵	--⁵	--⁵	TMM-2 ⁶	TMM-2 ⁶	TMM-2 ⁶	TMM-2 ⁶	TMM-2 ⁶
		One year and more	7.75^*	7.00^*	8.00^*	8.50^*	--⁵	--⁵	--⁵	--⁵	--⁵	--⁵	--⁵	--⁵	--⁵
Savings deposits ⁵			7.50	6.50	7.00	7.50	6.50	7.00	9.00	8.50	4.50	8.00	5.00	4.50	3.50
			(Above CFAF 500 000)							(Above CFAF 5 million)		(Plus de 5 millions de FCFA)
			Determined by agreement								Free			Free
Public deposits ²
Other deposits			--⁴	--⁴	--⁴	--⁴	--⁵	--⁵	--⁵	--⁵	--⁵	--⁵	--⁵	--⁵	--⁵
	Demand deposits
	Time deposits
		Less than six months	6.50	5.75^*	6.50^*	7.00	6.50^*	7.00^*	9.00^*	8.50^*	--⁵	--⁵	--⁵	--⁵	--⁵
		Six months -- less than one year	7.75	7.00^*	7.75^*	8.25	7.50^*	8.00^*	10.00^*	9.50^*	--⁵	--⁵	--⁵	--⁵	--⁵
		One year and more	9.00^*	8.00^*	9.00^*	9.50^*	8.50^*	9.00^*	11.00^*	10.50^*	--⁵	--⁵	--⁵	--⁵	--⁵
	Certificates of deposit
		Six months -- less than one year	7.75	7.00^*	7.75	8.25^*	7.50^*	8.00^*	10.00^*	9.50^*	--⁵	--⁵	--⁵	--⁵	--⁵
		One year and more	9.00^*	8.00^*	9.00^*	9.50^*	8.50^*	9.00^*	11.00^*	10.50^*	--⁵	--⁵	--⁵	--⁵	--⁵
	Savings deposits ⁵		7.50	6.50	7.00	7.50	6.50	7.00	9.00	8.50	4.50	8.00	5.00	4.50	Libre

Source: Central Bank of West African States (BCEAO).

^¹Fixed rates, unless marked with an asterisks (^*), in which case they are minimum rates.

^²Includes deposits of the treasury, Post Office Savings Bank, and other government agencies, public and mixed enterprises, and special private sector deposits resulting from legal requirements, such as reserves of insurance.

³Deposit rates no longer fixed by the BCEAO.

^⁴Average monthly money market rate published by the BCEAO minus 2 percent.

^⁵Applicable to savings deposits of less than CFAF 5 million.

^⁶The requirement that banks pay interest on demand deposits was suspended beginning January1, 1985

Table 34.

Niger: Interest Rates on the Money Market, 1997-2003

(In percent per year)

Source: Central Bank of West African States (BCEAO).

Table 34.

Niger: Interest Rates on the Money Market, 1997-2003

(In percent per year)

	1997	1998	1999	2000	2001	2002	2003
January	0.00	4.50	5.00	4.95	4.95	4.95	4.95
February	0.00	5.50	5.00	4.95	4.95	4.95	4.95
March	5.04	4.50	5.00	4.95	4.95	4.95	4.95
April	5.11	4.60	5.00	4.95	4.95	4.95	4.95
May	5.00	4.80	5.00	4.95	4.95	4.95	4.95
June	5.00	4.95	5.00	4.95	4.95	4.95	4.95
July	5.00	4.95	5.00	4.95	4.95	4.95	4.95
August	5.02	4.95	5.00	4.95	4.95	4.95	4.95
September	5.02	4.95	5.00	4.95	4.95	4.95	4.95
October	5.02	4.95	5.00	4.95	4.95	4.95	4.95
November	5.02	4.95	5.00	4.95	4.95	4.95	4.95
December	5.02	4.95	5.00	4.95	4.95	4.95	4.95

Source: Central Bank of West African States (BCEAO).

Table 34.

Niger: Interest Rates on the Money Market, 1997-2003

(In percent per year)

	1997	1998	1999	2000	2001	2002	2003
January	0.00	4.50	5.00	4.95	4.95	4.95	4.95
February	0.00	5.50	5.00	4.95	4.95	4.95	4.95
March	5.04	4.50	5.00	4.95	4.95	4.95	4.95
April	5.11	4.60	5.00	4.95	4.95	4.95	4.95
May	5.00	4.80	5.00	4.95	4.95	4.95	4.95
June	5.00	4.95	5.00	4.95	4.95	4.95	4.95
July	5.00	4.95	5.00	4.95	4.95	4.95	4.95
August	5.02	4.95	5.00	4.95	4.95	4.95	4.95
September	5.02	4.95	5.00	4.95	4.95	4.95	4.95
October	5.02	4.95	5.00	4.95	4.95	4.95	4.95
November	5.02	4.95	5.00	4.95	4.95	4.95	4.95
December	5.02	4.95	5.00	4.95	4.95	4.95	4.95

Source: Central Bank of West African States (BCEAO).

Table 35.

Niger: Balance of Payments, 1997 - 2003

(In billions of CFA francs, unless otherwise indicated)

Sources: Nigerien authorities; and staff estimates and projections.

Table 35.

Niger: Balance of Payments, 1997 - 2003

(In billions of CFA francs, unless otherwise indicated)

						1997	1998	1999	2000	2001	2002	2003
Current account balance
	Incl. grants for budgetary assistance					-78.8	-84.2	-80.9	-79.1	-67.9	-99.0	-98.7
	Excl. grants for budgetary assistance					-96.9	-110.9	-93.0	-101.3	-93.6	-117.5	-123.8
	Balance on goods					-17.4	-35.5	-26.2	-33.9	-43.3	-63.8	-72.3
		Exports, f.o.b				158.5	197.0	176.6	201.2	199.7	194.8	203.3
			Uranium			76.4	76.5	65.1	64.0	63.0	62.5	65.5
			Cattle			20.4	24.0	26.4	37.0	40.3	38.9	35.5
			Cowpeas			5.5	12.8	11.9	13.4	6.9	7.6	10.8
			Onions			14.2	16.8	15.3	11.8	10.8	13.8	15.6
			Gold					0.0	0.0	0.0	0.0	0.0
			Other exports			42.0	66.9	57.9	74.9	78.7	72.2	75.9
				Of which: reexports		23.9	17.3	11.6	26.1	36.7	24.0	36.3
		Imports, f.o.b				175.9	232.5	202.8	235.1	243.1	258.7	275.7
			Food products			54.7	76.5	59.9	64.1	76.9	83.0	78.9
			Petroleum products			24.1	33.0	33.8	47.3	25.8	28.4	31.7
			Intermediate goods			9.6	15.2	14.7	15.2	16.1	14.4	18.5
			Capital goods			42.3	52.1	51.5	44.2	45.2	64.9	72.6
			Other products			40.8	49.9	42.9	64.2	79.1	68.0	73.9
	Services and income (net)					-83.6	-83.0	-76.7	-78.9	-77.3	-87.7	-85.2
			Services (net)			-66.8	-69.1	-64.9	-67.2	-66.3	-70.9	-77.3
			Income (net)			-16.8	-13.9	-11.8	-11.8	-11.0	-16.8	-7.9
				Of which: interest on external public debt		-15.9	-17.8	-18.5	-19.6	-24.1	-21.2	-16.1
	Unrequited current transfers (net)					22.2	34.3	22.1	33.7	52.7	52.5	58.8
			Private (net)			-3.8	-3.4	2.1	2.7	10.5	8.6	7.0
			Public (net)			26.0	37.8	20.0	31.0	42.2	43.9	51.8
				Of which: grants for budgetary assistance		18.1	26.7	12.1	22.2	25.7	18.6	25.1
					HIPC assistance initiative				0.1	8.1	10.3	11.5
Capital and financial account						41.8	42.9	34.3	57.4	43.6	56.0	59.2
	Capital account					37.3	41.1	47.3	46.9	34.2	53.8	42.6
		Private capital transfers				1.0	2.4	2.6	1.3	1.5	8.0	3.2
		Project grants				31.1	38.7	44.7	37.1	32.7	45.8	39.4
	Financial account					4.6	1.8	-13.0	10.5	9.4	2.2	16.6
		Direct investment				9.7	-0.7	0.3	6.4	19.4	2.9	1.5
		Portfolio investment				-0.5	-0.5	-0.1	6.5	2.7	1.0	1.0
		Other investment				15.0	-9.7	-1.1	14.1	-3.5	19.9	21.5
			Public sector (net)			23.7	26.3	2.7	19.3	12.4	31.8	29.8
			Disbursements			42.1	52.0	26.6	54.7	53.7	78.0	68.4
			Loans for budgetary assistance			24.2	30.5	8.1	26.3	30.4	44.2	32.8
			Project loans			17.9	21.4	18.5	28.4	23.3	33.8	35.6
			Amortization			18.5	25.7	23.8	35.4	41.3	46.2	38.6
		Other (net)						-3.8	-5.2	-16.0	-11.9	-8.3
		Errors and omissions				-15.2	12.2	-12.1	-16.6	-9.2	-21.6	-7.4
Overall balance						-37.0	-41.3	-46.6	-21.7	-24.3	-43.0	-39.5
Financing						32.6	41.9	46.6	21.7	24.3	43.0	39.5
	Net foreign assets (Central Bank of West African States)					16.6	0.4	13.6	-20.4	-17.3	9.5	14.8
	Rescheduling obtained					14.1	26.8	7.5	157.7	41.6	33.5	24.7
	Change in arrears					1.9	14.7	25.6	-115.6	0.0	0.0	0.0
	Financing gap					0.0	0.0	0.0	0.0	0.0	0.0	0.0

Sources: Nigerien authorities; and staff estimates and projections.

Table 35.

Niger: Balance of Payments, 1997 - 2003

(In billions of CFA francs, unless otherwise indicated)

						1997	1998	1999	2000	2001	2002	2003
Current account balance
	Incl. grants for budgetary assistance					-78.8	-84.2	-80.9	-79.1	-67.9	-99.0	-98.7
	Excl. grants for budgetary assistance					-96.9	-110.9	-93.0	-101.3	-93.6	-117.5	-123.8
	Balance on goods					-17.4	-35.5	-26.2	-33.9	-43.3	-63.8	-72.3
		Exports, f.o.b				158.5	197.0	176.6	201.2	199.7	194.8	203.3
			Uranium			76.4	76.5	65.1	64.0	63.0	62.5	65.5
			Cattle			20.4	24.0	26.4	37.0	40.3	38.9	35.5
			Cowpeas			5.5	12.8	11.9	13.4	6.9	7.6	10.8
			Onions			14.2	16.8	15.3	11.8	10.8	13.8	15.6
			Gold					0.0	0.0	0.0	0.0	0.0
			Other exports			42.0	66.9	57.9	74.9	78.7	72.2	75.9
				Of which: reexports		23.9	17.3	11.6	26.1	36.7	24.0	36.3
		Imports, f.o.b				175.9	232.5	202.8	235.1	243.1	258.7	275.7
			Food products			54.7	76.5	59.9	64.1	76.9	83.0	78.9
			Petroleum products			24.1	33.0	33.8	47.3	25.8	28.4	31.7
			Intermediate goods			9.6	15.2	14.7	15.2	16.1	14.4	18.5
			Capital goods			42.3	52.1	51.5	44.2	45.2	64.9	72.6
			Other products			40.8	49.9	42.9	64.2	79.1	68.0	73.9
	Services and income (net)					-83.6	-83.0	-76.7	-78.9	-77.3	-87.7	-85.2
			Services (net)			-66.8	-69.1	-64.9	-67.2	-66.3	-70.9	-77.3
			Income (net)			-16.8	-13.9	-11.8	-11.8	-11.0	-16.8	-7.9
				Of which: interest on external public debt		-15.9	-17.8	-18.5	-19.6	-24.1	-21.2	-16.1
	Unrequited current transfers (net)					22.2	34.3	22.1	33.7	52.7	52.5	58.8
			Private (net)			-3.8	-3.4	2.1	2.7	10.5	8.6	7.0
			Public (net)			26.0	37.8	20.0	31.0	42.2	43.9	51.8
				Of which: grants for budgetary assistance		18.1	26.7	12.1	22.2	25.7	18.6	25.1
					HIPC assistance initiative				0.1	8.1	10.3	11.5
Capital and financial account						41.8	42.9	34.3	57.4	43.6	56.0	59.2
	Capital account					37.3	41.1	47.3	46.9	34.2	53.8	42.6
		Private capital transfers				1.0	2.4	2.6	1.3	1.5	8.0	3.2
		Project grants				31.1	38.7	44.7	37.1	32.7	45.8	39.4
	Financial account					4.6	1.8	-13.0	10.5	9.4	2.2	16.6
		Direct investment				9.7	-0.7	0.3	6.4	19.4	2.9	1.5
		Portfolio investment				-0.5	-0.5	-0.1	6.5	2.7	1.0	1.0
		Other investment				15.0	-9.7	-1.1	14.1	-3.5	19.9	21.5
			Public sector (net)			23.7	26.3	2.7	19.3	12.4	31.8	29.8
			Disbursements			42.1	52.0	26.6	54.7	53.7	78.0	68.4
			Loans for budgetary assistance			24.2	30.5	8.1	26.3	30.4	44.2	32.8
			Project loans			17.9	21.4	18.5	28.4	23.3	33.8	35.6
			Amortization			18.5	25.7	23.8	35.4	41.3	46.2	38.6
		Other (net)						-3.8	-5.2	-16.0	-11.9	-8.3
		Errors and omissions				-15.2	12.2	-12.1	-16.6	-9.2	-21.6	-7.4
Overall balance						-37.0	-41.3	-46.6	-21.7	-24.3	-43.0	-39.5
Financing						32.6	41.9	46.6	21.7	24.3	43.0	39.5
	Net foreign assets (Central Bank of West African States)					16.6	0.4	13.6	-20.4	-17.3	9.5	14.8
	Rescheduling obtained					14.1	26.8	7.5	157.7	41.6	33.5	24.7
	Change in arrears					1.9	14.7	25.6	-115.6	0.0	0.0	0.0
	Financing gap					0.0	0.0	0.0	0.0	0.0	0.0	0.0

Sources: Nigerien authorities; and staff estimates and projections.

Table 36.

Niger: Composition of Exports, 1997-2003

(Value in billions of CFA francs; volumes in tons, and prices in CFA francs per kilogram, unless otherwise indicated)

Sources: Central Bank of West African States (BCEAO); and Fund staff estimates

Table 36.

Niger: Composition of Exports, 1997-2003

(Value in billions of CFA francs; volumes in tons, and prices in CFA francs per kilogram, unless otherwise indicated)

		1997	1998	1999	2000	2001	2002	2003
Total exports (billions of CFA francs)		158.5	197.0	176.58	201.19	112.8	109.0	101.3
Uranium
	Value	76.4	76.5	65.12	64.02	63.05	62.46	62.41
	Volume	3,320.6	3,399.0	2960	2950	2960	2960	2960
	Price (In thousands of CFA francs per kil	23.0	22.5	22	21.7	21.3	21.1	21.09
Cattle
	Value	20.4	24.2	26.44	37.01	11.73	8.98	9.69
	Volume	62,500.0	54,483.0	42724	74699	33253	22061	15027
	Price	327.2	441.1	618.76	495.46	353	407	645
Cowpeas
	Value	5.5	12.8	11.92	13.42	0.41	0.399	0.42
	Volume	19,520.0	1,950.0	40526	56640	733.00	547.00	525.00
	Price	282.0	2.1	294.06	237.01	559	729	800
Onions
	Value	14.2	16.6	15.25	11.82	3.51	2.04	1.42
	Volume	42,591.0	56,055.0	49825	57121	11.47	7.26	5.02
	Price	333.0	299.0	306.09	207	306	281	282
Other Exports
	Value	42.0	66.9	57.85	74.92	15.718	17.359	13.405

Sources: Central Bank of West African States (BCEAO); and Fund staff estimates

Table 36.

Niger: Composition of Exports, 1997-2003

(Value in billions of CFA francs; volumes in tons, and prices in CFA francs per kilogram, unless otherwise indicated)

		1997	1998	1999	2000	2001	2002	2003
Total exports (billions of CFA francs)		158.5	197.0	176.58	201.19	112.8	109.0	101.3
Uranium
	Value	76.4	76.5	65.12	64.02	63.05	62.46	62.41
	Volume	3,320.6	3,399.0	2960	2950	2960	2960	2960
	Price (In thousands of CFA francs per kil	23.0	22.5	22	21.7	21.3	21.1	21.09
Cattle
	Value	20.4	24.2	26.44	37.01	11.73	8.98	9.69
	Volume	62,500.0	54,483.0	42724	74699	33253	22061	15027
	Price	327.2	441.1	618.76	495.46	353	407	645
Cowpeas
	Value	5.5	12.8	11.92	13.42	0.41	0.399	0.42
	Volume	19,520.0	1,950.0	40526	56640	733.00	547.00	525.00
	Price	282.0	2.1	294.06	237.01	559	729	800
Onions
	Value	14.2	16.6	15.25	11.82	3.51	2.04	1.42
	Volume	42,591.0	56,055.0	49825	57121	11.47	7.26	5.02
	Price	333.0	299.0	306.09	207	306	281	282
Other Exports
	Value	42.0	66.9	57.85	74.92	15.718	17.359	13.405

Sources: Central Bank of West African States (BCEAO); and Fund staff estimates

Table 37.

Niger: Composition of Imports, 1997-2003

(Values in billions of CFA francs, volumes in tons)

Sources: Central Bank of West African States (BCEAO); and Fund staff estimates.

Table 37.

Niger: Composition of Imports, 1997-2003

(Values in billions of CFA francs, volumes in tons)

		1997	1998	1999	2000	2001	2002	2003
Total imports, c.i.f		218.1	200.7	194.0	199.9	238.1	275.4	285.6
Petroleum products		16.3	14.7	40.0	54.8	31.1	38.7	43.5
Rice
	Value	15.7	21.5	17.86	20.30	33.56	36.17	22.30
	Volume	154.9	211.8	117.20	208.31	245.69	273.09	184.54
	Price (per ton)	101.2	101.5	152.0	97.0	137.0	132.0	121.0
Consumption goods		75.6	83.4	79.18	84.27	96.50	100.47	107.88
Intermediate goods		65.7	81.1	56.96	40.58	76.87	100.12	111.91
		(In percent of total imports)
Petroleum products		7.5	7.3	20.6	27.4	13.1	14.0	15.2
Rice		7.2	10.7	9.2	10.2	14.1	13.1	7.8
Consumption goods		34.7	41.2	40.8	42.1	40.5	36.5	37.8
Intermediate goods		30.1	40.4	29.4	20.3	32.3	36.4	39.2

Sources: Central Bank of West African States (BCEAO); and Fund staff estimates.

Table 37.

Niger: Composition of Imports, 1997-2003

(Values in billions of CFA francs, volumes in tons)

		1997	1998	1999	2000	2001	2002	2003
Total imports, c.i.f		218.1	200.7	194.0	199.9	238.1	275.4	285.6
Petroleum products		16.3	14.7	40.0	54.8	31.1	38.7	43.5
Rice
	Value	15.7	21.5	17.86	20.30	33.56	36.17	22.30
	Volume	154.9	211.8	117.20	208.31	245.69	273.09	184.54
	Price (per ton)	101.2	101.5	152.0	97.0	137.0	132.0	121.0
Consumption goods		75.6	83.4	79.18	84.27	96.50	100.47	107.88
Intermediate goods		65.7	81.1	56.96	40.58	76.87	100.12	111.91
		(In percent of total imports)
Petroleum products		7.5	7.3	20.6	27.4	13.1	14.0	15.2
Rice		7.2	10.7	9.2	10.2	14.1	13.1	7.8
Consumption goods		34.7	41.2	40.8	42.1	40.5	36.5	37.8
Intermediate goods		30.1	40.4	29.4	20.3	32.3	36.4	39.2

Sources: Central Bank of West African States (BCEAO); and Fund staff estimates.

Table 38.

Niger: Direction of Trade, 1997 - 2003

Sources: IMF, Direction of Trade Statistics Yearbook, and staff estimates

^¹Regional data do not add up to world totals.

²Estimates based in part on partner country trade data may diverge from data provided by the authorities.

Table 38.

Niger: Direction of Trade, 1997 - 2003

				1997	1998	1999	2000	2001	2002	2003
				(In millions of U.S dollars)
Exports, f.o.b. ¹				192.3	206.1	178.7	195.7	162.3	156.3	164.8
	Industrial countries			136.8	140.2	108.3	99.9	88.2	94.0	89.3
		Of which: France		93.3	96.7	69.2	60.0	56.1	60.9	61.2
			Spain	7.8	7.5	7.2	6.2	5.8	6.0	6.3
			Japan	33.7	32.8	31.0	27.3	25.3	26.7	28.4
	Developing countries			55.4	65.9	70.4	95.8	74.0	62.4	68.3
		Of which: Côte d’Ivoire		7.8	10.0	8.8	5.4	4.3	1.5	2.6
			Nigeria	36.3	42.5	50.9	78.0	61.4	51.9	55.3
				(In percent of total exports)
	Industrial countries			71.1	68.0	60.6	51.0	54.3	60.1	54.2
		Of which: France		48.5	46.9	38.7	30.7	34.5	39.0	37.1
			Spain	4.1	3.6	4.0	3.2	3.6	3.8	3.8
			Japan	17.5	15.9	17.3	13.9	15.6	17.1	17.2
	Developing countries			28.8	32.0	39.4	49.0	45.6	39.9	41.4
		Of which: Côte d’Ivoire		4.1	4.9	4.9	2.8	2.6	1.0	1.6
			Nigeria	18.9	20.6	28.5	39.9	37.8	33.2	33.6
				(In millions of U.S dollars)
Imports, c.i.f. ¹				293.9	362	315.1	280.8	324.8	395.2	401.6
	Industrial countries			161.1	191.8	141.6	121.5	129.5	150.4	142.5
		Of which: France		83.9	95.1	70.7	55.0	62.1	66.5	68.5
			Spain	6.7	8.2	7.8	5.8	4.3	5.7	6.1
			Japan	7.3	17.0	19.7	16.6	15.6	18.3	18.6
	Developing countries			132.3	162.6	168.3	155.4	192.0	244.7	253.6
		Of which: Côte d’Ivoire		32.4	39.4	47.5	39.8	47.4	58.9	60.0
			Nigeria	29.9	32.2	25.2	28.3	33.4	29.1	32.5
				(In percent of total imports)
	Industrial countries			54.8	53.0	44.9	43.3	39.9	38.1	35.5
		Of which: France		28.5	26.3	22.4	19.6	19.1	16.8	17.1
			Spain	2.3	2.3	2.5	2.1	1.3	1.4	1.5
			Japan	2.5	4.7	6.3	5.9	4.8	4.6	4.6
	Developing countries			45.0	44.9	53.4	55.3	59.1	61.9	63.1
		Of which: Côte d’Ivoire		11.0	10.9	15.1	14.2	14.6	14.9	14.9
			Nigeria	10.2	8.9	8.0	10.1	10.3	7.4	8.1
				(In percent of total trade)
	Industrial countries			61.3	58.4	50.6	46.5	44.7	44.3	40.9
		Of which: France		36.4	33.8	28.3	24.1	24.3	23.1	22.9
			Spain	3.0	2.8	3.0	2.5	2.1	2.1	2.2
			Japan	1.5	3.0	4.0	3.5	3.2	3.3	3.3

	Developing countries			28.8	30.4	35.9	33.7	40.3	44.6	45.2
		Of which: Côte d’Ivoire		14.1	14.4	19.9	24.7	22.3	20.1	20.4
			Nigeria	6.1	5.7	5.1	5.9	6.9	5.3	5.7

Sources: IMF, Direction of Trade Statistics Yearbook, and staff estimates

^¹Regional data do not add up to world totals.

²Estimates based in part on partner country trade data may diverge from data provided by the authorities.

Table 38.

Niger: Direction of Trade, 1997 - 2003

				1997	1998	1999	2000	2001	2002	2003
				(In millions of U.S dollars)
Exports, f.o.b. ¹				192.3	206.1	178.7	195.7	162.3	156.3	164.8
	Industrial countries			136.8	140.2	108.3	99.9	88.2	94.0	89.3
		Of which: France		93.3	96.7	69.2	60.0	56.1	60.9	61.2
			Spain	7.8	7.5	7.2	6.2	5.8	6.0	6.3
			Japan	33.7	32.8	31.0	27.3	25.3	26.7	28.4
	Developing countries			55.4	65.9	70.4	95.8	74.0	62.4	68.3
		Of which: Côte d’Ivoire		7.8	10.0	8.8	5.4	4.3	1.5	2.6
			Nigeria	36.3	42.5	50.9	78.0	61.4	51.9	55.3
				(In percent of total exports)
	Industrial countries			71.1	68.0	60.6	51.0	54.3	60.1	54.2
		Of which: France		48.5	46.9	38.7	30.7	34.5	39.0	37.1
			Spain	4.1	3.6	4.0	3.2	3.6	3.8	3.8
			Japan	17.5	15.9	17.3	13.9	15.6	17.1	17.2
	Developing countries			28.8	32.0	39.4	49.0	45.6	39.9	41.4
		Of which: Côte d’Ivoire		4.1	4.9	4.9	2.8	2.6	1.0	1.6
			Nigeria	18.9	20.6	28.5	39.9	37.8	33.2	33.6
				(In millions of U.S dollars)
Imports, c.i.f. ¹				293.9	362	315.1	280.8	324.8	395.2	401.6
	Industrial countries			161.1	191.8	141.6	121.5	129.5	150.4	142.5
		Of which: France		83.9	95.1	70.7	55.0	62.1	66.5	68.5
			Spain	6.7	8.2	7.8	5.8	4.3	5.7	6.1
			Japan	7.3	17.0	19.7	16.6	15.6	18.3	18.6
	Developing countries			132.3	162.6	168.3	155.4	192.0	244.7	253.6
		Of which: Côte d’Ivoire		32.4	39.4	47.5	39.8	47.4	58.9	60.0
			Nigeria	29.9	32.2	25.2	28.3	33.4	29.1	32.5
				(In percent of total imports)
	Industrial countries			54.8	53.0	44.9	43.3	39.9	38.1	35.5
		Of which: France		28.5	26.3	22.4	19.6	19.1	16.8	17.1
			Spain	2.3	2.3	2.5	2.1	1.3	1.4	1.5
			Japan	2.5	4.7	6.3	5.9	4.8	4.6	4.6
	Developing countries			45.0	44.9	53.4	55.3	59.1	61.9	63.1
		Of which: Côte d’Ivoire		11.0	10.9	15.1	14.2	14.6	14.9	14.9
			Nigeria	10.2	8.9	8.0	10.1	10.3	7.4	8.1
				(In percent of total trade)
	Industrial countries			61.3	58.4	50.6	46.5	44.7	44.3	40.9
		Of which: France		36.4	33.8	28.3	24.1	24.3	23.1	22.9
			Spain	3.0	2.8	3.0	2.5	2.1	2.1	2.2
			Japan	1.5	3.0	4.0	3.5	3.2	3.3	3.3

	Developing countries			28.8	30.4	35.9	33.7	40.3	44.6	45.2
		Of which: Côte d’Ivoire		14.1	14.4	19.9	24.7	22.3	20.1	20.4
			Nigeria	6.1	5.7	5.1	5.9	6.9	5.3	5.7

Sources: IMF, Direction of Trade Statistics Yearbook, and staff estimates

^¹Regional data do not add up to world totals.

²Estimates based in part on partner country trade data may diverge from data provided by the authorities.

Table 39.

Niger: Medium- and Long-Term External Public Debt by Creditor, 1997-2003 ¹

(In billions of CFA francs; unless otherwise indicated; end of period)

Sources: Nigerien authorities; and Fund staff estimates.

^¹Disbursed and outstanding; data may not add up due to rounding.

^²Arab Bank for Economic Development in Africa.

^³Economic community of West African States.

Table 39.

Niger: Medium- and Long-Term External Public Debt by Creditor, 1997-2003 ¹

(In billions of CFA francs; unless otherwise indicated; end of period)

				1997	1998	1999	2000	2001	2002	2003
Supplier’s credits				0.0	0.0	0.0	0.0	0.0	0.0	0.0
Financial institutions				0.0	0.0	0.0	0.0	0.0	0.0	0.0
	France			0.0	0.0	0.0	0.0	0.0	0.0	0.0
	United States			0.0	0.0	0.0	0.0	0.0	0.0	0.0
Multilateral loans				517.0	550.7	606.0	704.50	790.70	828.04	869.28
	African Development Bank (AFDB)			1.2	1.6	0.1
	African Development Fund (AFDF)			60.8	71.6	77.3	90.00	105.30	98.14	104.92
	ABEDA²			10.2	16.8	6.8	0.90	19.80	19.52	19.18
	Conseil de L’Entente			0.8	0.4	0.8	0.90	1.00	2.44	2.39
	ECOWAS Fund ³			0.5	0.5	0.5	0.60	0.60	0.94	0.94
	WAEMU								8.19	8.19
	European Union			4.1	4.0	4.0	4.0	4.0	25.7	24.56
	European Investment Bank			20.0	19.5	19.5	19.40	19.40
	International Fund for Agricultural Dev.			15.8	16.2	14.8	38.00	53.00	89.82	100.58
	IDA			372.4	387.7	448.5	490.00	522.00	545.44	570.36
	Islamic Development Bank			20.1	24.1	23.5	27.70	26.80	27.08	25.29
	OPEC Fund for International
		Development		7.2	4.4	6.8	5.30	10.20	8.13	8.82
	West African Development Bank			3.9	3.9	3.9		1.20	2.63	4.04
Bilateral loans				262.7	257.9	266.6	312.50	269.40	274.97	253.63
	Algeria			9.3	8.9	11.8	11.90	12.40	14.32	12.96
	China			8.6	7.7	7.7	9.50	7.00	1.69	0.33
	France			107.9	109.8	110.8	115.50	93.30	89.57	80.76
	Iraq			1.1	1.1	1.1	1.50	1.40	1.19	1.19
	Japan			14.4	13.7	12.7	18.20	17.60	14.39	13.38
	Kuwait			24.6	20.0	24.1	37.80	42.40	26.27	24.76
	Libya			5.3	11.0	14.1	17.80	17.90	18.20	17.10
	Saudi Arabia			23.5	21.0	21.1	26.00	8.50	26.27	24.93
	Spain			12.4	11.9	10.8	12.50	12.40	11.45	10.54
	United Arab Emirates			1.8	1.6	1.6			3.07	3.06
	United Kingdom			11.3	10.8	10.3	11.80	10.40	8.69	7.73
	United States			6.6	6.2	6.3	7.70	7.80	6.69	6.40
	Taiwan Province of China			35.9	34.2	34.2	42.30	35.40	53.17	50.49
Use of Fund resources				35.6	42.6	43.9	52.10	57.80	70.40	71.70
Total disbursed debt outstanding				815.3	851.1	916.5	1069.1	1117.9	1173.4	1194.6
Memorandum items:
		Supplier’s credits		0.0	0.0	0.0	0.0	0.0	0.0	0.0
		Financial institutions		0.0	0.0	0.0	0.0	0.0	0.0	0.0
		Multilateral loans		67.8	69.7	71.8	65.9	70.7	70.6	72.8
			Of which: IMF, IDA, AFDB/AFDF	57.6	59.1	61.1	59.1	61.3	60.8	62.5
		Bilateral loans		32.2	30.3	28.2	34.1	29.3	29.4	27.2
			Of which: France	13.2	12.9	12.1	10.8	8.3	7.6	6.8

Sources: Nigerien authorities; and Fund staff estimates.

^¹Disbursed and outstanding; data may not add up due to rounding.

^²Arab Bank for Economic Development in Africa.

^³Economic community of West African States.

Table 39.

Niger: Medium- and Long-Term External Public Debt by Creditor, 1997-2003 ¹

(In billions of CFA francs; unless otherwise indicated; end of period)

				1997	1998	1999	2000	2001	2002	2003
Supplier’s credits				0.0	0.0	0.0	0.0	0.0	0.0	0.0
Financial institutions				0.0	0.0	0.0	0.0	0.0	0.0	0.0
	France			0.0	0.0	0.0	0.0	0.0	0.0	0.0
	United States			0.0	0.0	0.0	0.0	0.0	0.0	0.0
Multilateral loans				517.0	550.7	606.0	704.50	790.70	828.04	869.28
	African Development Bank (AFDB)			1.2	1.6	0.1
	African Development Fund (AFDF)			60.8	71.6	77.3	90.00	105.30	98.14	104.92
	ABEDA²			10.2	16.8	6.8	0.90	19.80	19.52	19.18
	Conseil de L’Entente			0.8	0.4	0.8	0.90	1.00	2.44	2.39
	ECOWAS Fund ³			0.5	0.5	0.5	0.60	0.60	0.94	0.94
	WAEMU								8.19	8.19
	European Union			4.1	4.0	4.0	4.0	4.0	25.7	24.56
	European Investment Bank			20.0	19.5	19.5	19.40	19.40
	International Fund for Agricultural Dev.			15.8	16.2	14.8	38.00	53.00	89.82	100.58
	IDA			372.4	387.7	448.5	490.00	522.00	545.44	570.36
	Islamic Development Bank			20.1	24.1	23.5	27.70	26.80	27.08	25.29
	OPEC Fund for International
		Development		7.2	4.4	6.8	5.30	10.20	8.13	8.82
	West African Development Bank			3.9	3.9	3.9		1.20	2.63	4.04
Bilateral loans				262.7	257.9	266.6	312.50	269.40	274.97	253.63
	Algeria			9.3	8.9	11.8	11.90	12.40	14.32	12.96
	China			8.6	7.7	7.7	9.50	7.00	1.69	0.33
	France			107.9	109.8	110.8	115.50	93.30	89.57	80.76
	Iraq			1.1	1.1	1.1	1.50	1.40	1.19	1.19
	Japan			14.4	13.7	12.7	18.20	17.60	14.39	13.38
	Kuwait			24.6	20.0	24.1	37.80	42.40	26.27	24.76
	Libya			5.3	11.0	14.1	17.80	17.90	18.20	17.10
	Saudi Arabia			23.5	21.0	21.1	26.00	8.50	26.27	24.93
	Spain			12.4	11.9	10.8	12.50	12.40	11.45	10.54
	United Arab Emirates			1.8	1.6	1.6			3.07	3.06
	United Kingdom			11.3	10.8	10.3	11.80	10.40	8.69	7.73
	United States			6.6	6.2	6.3	7.70	7.80	6.69	6.40
	Taiwan Province of China			35.9	34.2	34.2	42.30	35.40	53.17	50.49
Use of Fund resources				35.6	42.6	43.9	52.10	57.80	70.40	71.70
Total disbursed debt outstanding				815.3	851.1	916.5	1069.1	1117.9	1173.4	1194.6
Memorandum items:
		Supplier’s credits		0.0	0.0	0.0	0.0	0.0	0.0	0.0
		Financial institutions		0.0	0.0	0.0	0.0	0.0	0.0	0.0
		Multilateral loans		67.8	69.7	71.8	65.9	70.7	70.6	72.8
			Of which: IMF, IDA, AFDB/AFDF	57.6	59.1	61.1	59.1	61.3	60.8	62.5
		Bilateral loans		32.2	30.3	28.2	34.1	29.3	29.4	27.2
			Of which: France	13.2	12.9	12.1	10.8	8.3	7.6	6.8

Sources: Nigerien authorities; and Fund staff estimates.

^¹Disbursed and outstanding; data may not add up due to rounding.

^²Arab Bank for Economic Development in Africa.

^³Economic community of West African States.

Table 40.

Niger: Medium- and Long-Term External Public Debt by Creditor, 1995-2000 ¹

(In millions of U.S. dollars; end of period)

Sources: Nigerien authorities; and Fund staff estimates.

^¹Disbursed and outstanding; data may not add up due to rounding.

^²Arab Bank for Economic Development in Africa.

^³Economic community of West African States.

Table 40.

Niger: Medium- and Long-Term External Public Debt by Creditor, 1995-2000 ¹

(In millions of U.S. dollars; end of period)

				1997	1998	1999	2000	2001	2002	2003
Supplier’s credits				0.0	0.0	0.0	0.0	0.0	0.0	0.0
Financial institutions				0.0	0.0	0.0	0.0	0.0	0.0	0.0
	France			0.0	0.0	0.0	0.0	0.0	0.0	0.0
	United States			0.0	0.0	0.0	0.0	0.0	0.0	0.0
Multilateral loans				887.7	933.4	933.5	999.5	1078.7	1323.8	1673.713538
	African Development Bank (AFDB)			2.1	2.7	0.2		0		0
	African Development Fund (AFDF)			104.4	121.3	119.0	127.7	143.7	156.9	202.0043514
	ABEDA²			17.5	28.5	10.4	1.3	27	31.2	36.9
	Conseil de L’Entente			1.4	0.7	1.2	1.3	1.3	3.9	4.6
	ECOWAS Fund³			0.9	0.9	0.8	0.9	0.8	1.5	1.8
	WAEMU								13.1	15.8
	European Union			7.0	6.8	6.2	5.7	5.4	41.1	47.3
	European Investment Bank			34.3	33.0	30.0	11.6	26.5	0.00	0.0
	International Fund for Agricultural Dev.			27.1	27.5	22.8	27.5	72.3	143.6	193.7
	IDA			639.4	657.2	690.4	695.1	712.2	872	1098.2
	Islamic Development Bank			34.5	40.9	36.1	53.9	36.6	43.3	48.7
	OPEC Fund for International Development			12.4	7.5	10.5	39.3	13.9	13	17.0
	West African Development Bank			6.7	6.7	6.1	7.5	1.6	4.2	7.8
Bilateral loans				451.1	437.1	410.2	444.1	367.7	439.6	488.3
	Algeria			16.0	15.1	18.2	16.9	16.9	22.9	25.0
	China			14.8	13.1	11.9	13.5	9.6	2.7	0.6
	France			185.3	186.1	170.5	163.8	127.3	143.2	155.5
	Iraq			1.9	1.8	1.7	2.1	1.9	1.9	2.3
	Japan			24.7	23.2	19.6	25,,8	24	23	25.8
	Kuwait			42.2	33.8	37.1	53.6	57.9	42	47.7
	Libya			9.1	18.7	21.7	25.3	24.4	29.1	32.9
	Saudi Arabia			40.4	35.5	32.4	36.9	11.6	42	48.0
	Spain			21.3	20.2	16.6	17.7	16.9	18.3	20.3
	United Arab Emirates			3.1	2.8	2.5		0	4.9	5.9
	United Kingdom			19.4	18.3	15.8	16.7	14.2	13.9	14.9
	United States			11.3	10.5	9.6	10.9	10.6	10.7	12.3
	Taiwan Province of China			61.6	58.0	52.7	60.9	48.3	85	97.2
Use of Fund resources				61.1	72.1	48.0	73.2	78.9	112.5	121.5
Total disbursed debt outstanding				1,399.9	1,442.7	1391.8	1442.7	1446.4	1763.4	1894.9
Memorandum items:
		Supplier’s credits		0.0	0.0	0.0	0.0	0.0	0.0	0.0
		Financial institutions		0.0	0.0	0.0	0.0	0.0	0.0	0.0
		Multilateral loans		4.4	5.0	71.8	65.9	70.7	70.6	72.8
			Of which: IMF, IDA, AFDB/AFDF	69.9	71.8	61.1	59.1	61.3	60.8	62.5
		Bilateral loans		0.0	0.0	28.2	34.1	29.3	29.4	27.2
			Of which: France	1.1	0.9	12.1	10.8	8.3	7.6	6.8

Sources: Nigerien authorities; and Fund staff estimates.

^¹Disbursed and outstanding; data may not add up due to rounding.

^²Arab Bank for Economic Development in Africa.

^³Economic community of West African States.

Table 40.

Niger: Medium- and Long-Term External Public Debt by Creditor, 1995-2000 ¹

(In millions of U.S. dollars; end of period)

				1997	1998	1999	2000	2001	2002	2003
Supplier’s credits				0.0	0.0	0.0	0.0	0.0	0.0	0.0
Financial institutions				0.0	0.0	0.0	0.0	0.0	0.0	0.0
	France			0.0	0.0	0.0	0.0	0.0	0.0	0.0
	United States			0.0	0.0	0.0	0.0	0.0	0.0	0.0
Multilateral loans				887.7	933.4	933.5	999.5	1078.7	1323.8	1673.713538
	African Development Bank (AFDB)			2.1	2.7	0.2		0		0
	African Development Fund (AFDF)			104.4	121.3	119.0	127.7	143.7	156.9	202.0043514
	ABEDA²			17.5	28.5	10.4	1.3	27	31.2	36.9
	Conseil de L’Entente			1.4	0.7	1.2	1.3	1.3	3.9	4.6
	ECOWAS Fund³			0.9	0.9	0.8	0.9	0.8	1.5	1.8
	WAEMU								13.1	15.8
	European Union			7.0	6.8	6.2	5.7	5.4	41.1	47.3
	European Investment Bank			34.3	33.0	30.0	11.6	26.5	0.00	0.0
	International Fund for Agricultural Dev.			27.1	27.5	22.8	27.5	72.3	143.6	193.7
	IDA			639.4	657.2	690.4	695.1	712.2	872	1098.2
	Islamic Development Bank			34.5	40.9	36.1	53.9	36.6	43.3	48.7
	OPEC Fund for International Development			12.4	7.5	10.5	39.3	13.9	13	17.0
	West African Development Bank			6.7	6.7	6.1	7.5	1.6	4.2	7.8
Bilateral loans				451.1	437.1	410.2	444.1	367.7	439.6	488.3
	Algeria			16.0	15.1	18.2	16.9	16.9	22.9	25.0
	China			14.8	13.1	11.9	13.5	9.6	2.7	0.6
	France			185.3	186.1	170.5	163.8	127.3	143.2	155.5
	Iraq			1.9	1.8	1.7	2.1	1.9	1.9	2.3
	Japan			24.7	23.2	19.6	25,,8	24	23	25.8
	Kuwait			42.2	33.8	37.1	53.6	57.9	42	47.7
	Libya			9.1	18.7	21.7	25.3	24.4	29.1	32.9
	Saudi Arabia			40.4	35.5	32.4	36.9	11.6	42	48.0
	Spain			21.3	20.2	16.6	17.7	16.9	18.3	20.3
	United Arab Emirates			3.1	2.8	2.5		0	4.9	5.9
	United Kingdom			19.4	18.3	15.8	16.7	14.2	13.9	14.9
	United States			11.3	10.5	9.6	10.9	10.6	10.7	12.3
	Taiwan Province of China			61.6	58.0	52.7	60.9	48.3	85	97.2
Use of Fund resources				61.1	72.1	48.0	73.2	78.9	112.5	121.5
Total disbursed debt outstanding				1,399.9	1,442.7	1391.8	1442.7	1446.4	1763.4	1894.9
Memorandum items:
		Supplier’s credits		0.0	0.0	0.0	0.0	0.0	0.0	0.0
		Financial institutions		0.0	0.0	0.0	0.0	0.0	0.0	0.0
		Multilateral loans		4.4	5.0	71.8	65.9	70.7	70.6	72.8
			Of which: IMF, IDA, AFDB/AFDF	69.9	71.8	61.1	59.1	61.3	60.8	62.5
		Bilateral loans		0.0	0.0	28.2	34.1	29.3	29.4	27.2
			Of which: France	1.1	0.9	12.1	10.8	8.3	7.6	6.8

Sources: Nigerien authorities; and Fund staff estimates.

^¹Disbursed and outstanding; data may not add up due to rounding.

^²Arab Bank for Economic Development in Africa.

^³Economic community of West African States.

Niger: Summary of the Tax System, January 1, 2004

Niger: Summary of the Tax System, January 1, 2004

Tax	Nature and Scope of Tax	Exemptions and Deductions	Rates
1. Taxes on income and profits
1.1. Tax on industrial and commercial profits (Impôt sur les bénéfices industriels et commerciaux – BIC).	Levied on the net income of incorporated and unincorporated enterprises engaging in commercial, industrial, agricultural, or artisanal business in Niger.	Exempt: cooperatives and their unions not operating retail outlets, mutual aid companies, credit unions, and other agricultural bodies, and cultural centers.	Limited companies: 35 percent. Individual enterprises: 35 percent.
	The BIC is also applicable to cooperatives and unions operating a store, vendors of lots for development, real estate companies, and commercial public institutions.	Five-year exemption for enterprises that have adopted the Investment Code.	Mining companies: 40.5 percent.
	Limited companies are required to pay the BIC. Individuals are liable for the BIC only if their sales/resales exceed CFAF 30 million or if they provide more than CFAF 15 million worth of services.
1.2. Tax on noncommercial profits (Impôt sur les bénéfices des professions non commerciales – BNC)	Levied on net income from noncommercial professions. Affects primarily the liberal professions and the use of office space.	No exemption.	35 percent In cases of partnership operations, the tax is payable by the partners.
1.3 Minimum lump-sum tax (Impôt minimum forfaitaire -- IMF)	Levied on enterprises liable for the BIC and the BNC.	Two-year exemption for new enterprises.	1 percent on annual turnover.
1.4. Property tax (Impôt sur les revenus fonciers)	Land tax (Taxe foncière) borne by individuals owning landed property.	Exempt: principal residences of households, religious sites, school buildings, farms, and adobe brick buildings not producing income.	Secondary residences: 7 percent Premises vacant or occupied free of charge: 12 percent Leased premises: 20 percent
1.5. Single tax on wages and salaries (Impôt unique sur les traitements et salaires – IUTS)	Real property tax (Taxe immobilière) borne by corporations on their real property.	Exempt: non-revenue producing government buildings, buildings used as schools, works for the distribution of energy belonging to central and local governments, etc.	2.5 percent of the value recorded in the balance sheet before amortization
	Withheld at source annually by employers on wages, salaries, and pensions	Exempt: family allowances, military and civilian disability pensions, veterans’ pensions, remuneration collected by the staff of diplomatic missions and international organizations, etc. Application of a system of reductions for family obligations: 5 percent for each dependent, up to 30 percent for seven dependents.	Progressive tax: CFAF 0-25,000: 2 percent 25,001-50,000: 3 percent 50,001-100,000: 7 percent 100,001-150,000: 15 percent 150,001-300,000: 32 percent 300,001-400,000: 38 percent 400,001 and higher 45 percent
1.6. General income tax (Impôt general sur le revenue – IGR)	Paid by French and Libyan technical assistance experts, on a basis determined by the conventions signed between these countries.		Progressive schedule of 0-45 percent.
1.7. General business license (Patente synthétique – PS)	Borne by all individual taxpayers with a turnover of less than CFAF 30 million in sales/resales or CFAF 15 million in provision of services.	Corporations and liberal professions must pay the BIC or the BNC.	CFAF 35,000-90,000, depending on the activity and the turnover.
1.8. Tax on interest and dividend income (Impôt sur le revenu des valeurs mobilières - - IRVM)	Levied on the payment of distributions by limited companies to their shareholders and on interest income. Withheld at source by distributing companies.	Exempt: savings banks, operations on current account, capital amortization operations, Crédit du Niger, cooperatives, Crédit municipal, etc.
			Obligations	13 percent and 15% percent
			Dividends	10 percent
			Other	25 percent
			(attendance vouchers)
1.9. Overheads tax (Taxe sur les frais généraux - - TSFG)	Levied on gifts, charges for the receipt and maintenance of vehicles exceeding certain ceilings (e.g., CFAF 10,000 a year and per recipient of the gifts in question).	Exempt: enterprises covered by the Petroleum, Mining, and Investment Codes.	30 percent of any amount exceeding the established ceilings.
1.10. Apprenticeship tax (Taxe d’apprentissage - - TAP)	Borne by enterprises liable for the BIC or the BNC.	Exemptions granted in consideration of expenditures made by the enterprise within the framework of professional training for their employees.	1.10. Apprenticeship tax (Taxe d’apprentissage - - TAP)
1.11. BIC partial payment	Minimum payable against total BIC owed	Exemptions: enterprises subject to the actual accounts systems (régime reel) holding a certificate of exemption	5 percent of turnover
2. Taxes on goods and services
2.1. Value-added tax (VAT)	Levied on imports and sales operations as well as on the provision of services within Niger.	Exempt: exports, certain essential goods (flour, vegetable oil, rice, etc.), unprocessed local products, pharmaceuticals, agricultural entrants, road transportation of merchandise and travelers, insurance operations, etc.	Single rate of 19 percent.
2.2. Excise taxes (Droits d’accises)	Levied on certain goods imported or manufactured in Niger (tobacco, beverages, cola nuts, oils, etc.)
			Tobacco	30 percent
			Beer	25 percent
			Other alcoholic beverages 45 percent
			Cola, oils, cosmetics and perfumes	15 percent
			Tea	12 percent
2.3. Mining royalty (Redevance minière)	Paid by corporations mining uranium, when they are exporting the mineral.	2.3. Mining royalty (Redevance minière)	Paid by corporations mining uranium, when they are exporting the mineral.
3. Stamp and registration duties
3.1. Registration duties on real estate transactions	Levied on real estate transactions (rentals, sales, donations)		Duty set at proportional or progressive rates, depending on the type of property and the transaction concerned.
3.2. Single tax on insurance	Levied on insurance conventions and contracts	Exempt: life insurance and reinsurance companies	1.2-36 percent, depending on the risk.
3.3. Differential motor vehicle tax (Taxe différentielle sur les véhicules à moteur -- TDVM)	Levied on motor vehicles registered in Niger.	Exempt: vehicles of central and local governments, diplomats and similar persons, disabled persons, etc.	CFAF 5,000-50,000, depending on the capacity of the vehicle, expressed in hp.
3.4. Stamp duty	Levied on legal documents, correspondence to the government, certain invoices, and most official documents. Payment by revenue stamp.		Variable, depending on the document in question.
4. Duty and taxes on foreign trade
4.1. Customs duty on imports	Levied on the value, c.i.f., of imports.	Class 1 products (zero rate) in the Common External Tariff (CET).	0 percent, 5 percent, 10 percent, and 20 percent, depending on the CET class.
4.2. Statistical fee	Levied on the value, c.i.f., of imports from all sources.		1 percent.
4.3. Petroleum tax	Levied on the marketing of petroleum products. The tax base is the value, c.i.f., of the products, which varies, depending on changes in prices and the dollar exchange rate.	Exempt: petroleum products under conditional relief arrangements and those intended for international air transport.	Rate per liter variable, depending on the type of product.
4.4. Community levy	Charged on the value of the imports concerned.	Exempt: petroleum products and merchandise from WAEMU countries.	1 percent levied on the value cif of all goods imported from outside the region..
4.5. Statistical fee on exports	Levied on the value of the exports concerned.		3 percent.
4.6. Special re-export tax	Levied on re-exported merchandise.		Variable, depending on the destination and the type of product.

Niger: Summary of the Tax System, January 1, 2004

Tax	Nature and Scope of Tax	Exemptions and Deductions	Rates
1. Taxes on income and profits
1.1. Tax on industrial and commercial profits (Impôt sur les bénéfices industriels et commerciaux – BIC).	Levied on the net income of incorporated and unincorporated enterprises engaging in commercial, industrial, agricultural, or artisanal business in Niger.	Exempt: cooperatives and their unions not operating retail outlets, mutual aid companies, credit unions, and other agricultural bodies, and cultural centers.	Limited companies: 35 percent. Individual enterprises: 35 percent.
	The BIC is also applicable to cooperatives and unions operating a store, vendors of lots for development, real estate companies, and commercial public institutions.	Five-year exemption for enterprises that have adopted the Investment Code.	Mining companies: 40.5 percent.
	Limited companies are required to pay the BIC. Individuals are liable for the BIC only if their sales/resales exceed CFAF 30 million or if they provide more than CFAF 15 million worth of services.
1.2. Tax on noncommercial profits (Impôt sur les bénéfices des professions non commerciales – BNC)	Levied on net income from noncommercial professions. Affects primarily the liberal professions and the use of office space.	No exemption.	35 percent In cases of partnership operations, the tax is payable by the partners.
1.3 Minimum lump-sum tax (Impôt minimum forfaitaire -- IMF)	Levied on enterprises liable for the BIC and the BNC.	Two-year exemption for new enterprises.	1 percent on annual turnover.
1.4. Property tax (Impôt sur les revenus fonciers)	Land tax (Taxe foncière) borne by individuals owning landed property.	Exempt: principal residences of households, religious sites, school buildings, farms, and adobe brick buildings not producing income.	Secondary residences: 7 percent Premises vacant or occupied free of charge: 12 percent Leased premises: 20 percent
1.5. Single tax on wages and salaries (Impôt unique sur les traitements et salaires – IUTS)	Real property tax (Taxe immobilière) borne by corporations on their real property.	Exempt: non-revenue producing government buildings, buildings used as schools, works for the distribution of energy belonging to central and local governments, etc.	2.5 percent of the value recorded in the balance sheet before amortization
	Withheld at source annually by employers on wages, salaries, and pensions	Exempt: family allowances, military and civilian disability pensions, veterans’ pensions, remuneration collected by the staff of diplomatic missions and international organizations, etc. Application of a system of reductions for family obligations: 5 percent for each dependent, up to 30 percent for seven dependents.	Progressive tax: CFAF 0-25,000: 2 percent 25,001-50,000: 3 percent 50,001-100,000: 7 percent 100,001-150,000: 15 percent 150,001-300,000: 32 percent 300,001-400,000: 38 percent 400,001 and higher 45 percent
1.6. General income tax (Impôt general sur le revenue – IGR)	Paid by French and Libyan technical assistance experts, on a basis determined by the conventions signed between these countries.		Progressive schedule of 0-45 percent.
1.7. General business license (Patente synthétique – PS)	Borne by all individual taxpayers with a turnover of less than CFAF 30 million in sales/resales or CFAF 15 million in provision of services.	Corporations and liberal professions must pay the BIC or the BNC.	CFAF 35,000-90,000, depending on the activity and the turnover.
1.8. Tax on interest and dividend income (Impôt sur le revenu des valeurs mobilières - - IRVM)	Levied on the payment of distributions by limited companies to their shareholders and on interest income. Withheld at source by distributing companies.	Exempt: savings banks, operations on current account, capital amortization operations, Crédit du Niger, cooperatives, Crédit municipal, etc.
			Obligations	13 percent and 15% percent
			Dividends	10 percent
			Other	25 percent
			(attendance vouchers)
1.9. Overheads tax (Taxe sur les frais généraux - - TSFG)	Levied on gifts, charges for the receipt and maintenance of vehicles exceeding certain ceilings (e.g., CFAF 10,000 a year and per recipient of the gifts in question).	Exempt: enterprises covered by the Petroleum, Mining, and Investment Codes.	30 percent of any amount exceeding the established ceilings.
1.10. Apprenticeship tax (Taxe d’apprentissage - - TAP)	Borne by enterprises liable for the BIC or the BNC.	Exemptions granted in consideration of expenditures made by the enterprise within the framework of professional training for their employees.	1.10. Apprenticeship tax (Taxe d’apprentissage - - TAP)
1.11. BIC partial payment	Minimum payable against total BIC owed	Exemptions: enterprises subject to the actual accounts systems (régime reel) holding a certificate of exemption	5 percent of turnover
2. Taxes on goods and services
2.1. Value-added tax (VAT)	Levied on imports and sales operations as well as on the provision of services within Niger.	Exempt: exports, certain essential goods (flour, vegetable oil, rice, etc.), unprocessed local products, pharmaceuticals, agricultural entrants, road transportation of merchandise and travelers, insurance operations, etc.	Single rate of 19 percent.
2.2. Excise taxes (Droits d’accises)	Levied on certain goods imported or manufactured in Niger (tobacco, beverages, cola nuts, oils, etc.)
			Tobacco	30 percent
			Beer	25 percent
			Other alcoholic beverages 45 percent
			Cola, oils, cosmetics and perfumes	15 percent
			Tea	12 percent
2.3. Mining royalty (Redevance minière)	Paid by corporations mining uranium, when they are exporting the mineral.	2.3. Mining royalty (Redevance minière)	Paid by corporations mining uranium, when they are exporting the mineral.
3. Stamp and registration duties
3.1. Registration duties on real estate transactions	Levied on real estate transactions (rentals, sales, donations)		Duty set at proportional or progressive rates, depending on the type of property and the transaction concerned.
3.2. Single tax on insurance	Levied on insurance conventions and contracts	Exempt: life insurance and reinsurance companies	1.2-36 percent, depending on the risk.
3.3. Differential motor vehicle tax (Taxe différentielle sur les véhicules à moteur -- TDVM)	Levied on motor vehicles registered in Niger.	Exempt: vehicles of central and local governments, diplomats and similar persons, disabled persons, etc.	CFAF 5,000-50,000, depending on the capacity of the vehicle, expressed in hp.
3.4. Stamp duty	Levied on legal documents, correspondence to the government, certain invoices, and most official documents. Payment by revenue stamp.		Variable, depending on the document in question.
4. Duty and taxes on foreign trade
4.1. Customs duty on imports	Levied on the value, c.i.f., of imports.	Class 1 products (zero rate) in the Common External Tariff (CET).	0 percent, 5 percent, 10 percent, and 20 percent, depending on the CET class.
4.2. Statistical fee	Levied on the value, c.i.f., of imports from all sources.		1 percent.
4.3. Petroleum tax	Levied on the marketing of petroleum products. The tax base is the value, c.i.f., of the products, which varies, depending on changes in prices and the dollar exchange rate.	Exempt: petroleum products under conditional relief arrangements and those intended for international air transport.	Rate per liter variable, depending on the type of product.
4.4. Community levy	Charged on the value of the imports concerned.	Exempt: petroleum products and merchandise from WAEMU countries.	1 percent levied on the value cif of all goods imported from outside the region..
4.5. Statistical fee on exports	Levied on the value of the exports concerned.		3 percent.
4.6. Special re-export tax	Levied on re-exported merchandise.		Variable, depending on the destination and the type of product.

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Cover IMF Staff Country Reports

Niger: Statistical Annex

Author:

International Monetary Fund

Volume/Issue:: Volume 2004: Issue 191

Publisher:: International Monetary Fund

ISBN:: 9781451828641

ISSN:: 1934-7685

Pages:: 53

DOI:: https://doi.org/10.5089/9781451828641.002

Keywords

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Niger: Summary of the Tax System, January 1, 2004

Tax	Nature and Scope of Tax	Exemptions and Deductions	Rates
1. Taxes on income and profits
1.1. Tax on industrial and commercial profits (Impôt sur les bénéfices industriels et commerciaux – BIC).	Levied on the net income of incorporated and unincorporated enterprises engaging in commercial, industrial, agricultural, or artisanal business in Niger.	Exempt: cooperatives and their unions not operating retail outlets, mutual aid companies, credit unions, and other agricultural bodies, and cultural centers.	Limited companies: 35 percent. Individual enterprises: 35 percent.
	The BIC is also applicable to cooperatives and unions operating a store, vendors of lots for development, real estate companies, and commercial public institutions.	Five-year exemption for enterprises that have adopted the Investment Code.	Mining companies: 40.5 percent.
	Limited companies are required to pay the BIC. Individuals are liable for the BIC only if their sales/resales exceed CFAF 30 million or if they provide more than CFAF 15 million worth of services.
1.2. Tax on noncommercial profits (Impôt sur les bénéfices des professions non commerciales – BNC)	Levied on net income from noncommercial professions. Affects primarily the liberal professions and the use of office space.	No exemption.	35 percent In cases of partnership operations, the tax is payable by the partners.
1.3 Minimum lump-sum tax (Impôt minimum forfaitaire -- IMF)	Levied on enterprises liable for the BIC and the BNC.	Two-year exemption for new enterprises.	1 percent on annual turnover.
1.4. Property tax (Impôt sur les revenus fonciers)	Land tax (Taxe foncière) borne by individuals owning landed property.	Exempt: principal residences of households, religious sites, school buildings, farms, and adobe brick buildings not producing income.	Secondary residences: 7 percent Premises vacant or occupied free of charge: 12 percent Leased premises: 20 percent
1.5. Single tax on wages and salaries (Impôt unique sur les traitements et salaires – IUTS)	Real property tax (Taxe immobilière) borne by corporations on their real property.	Exempt: non-revenue producing government buildings, buildings used as schools, works for the distribution of energy belonging to central and local governments, etc.	2.5 percent of the value recorded in the balance sheet before amortization
	Withheld at source annually by employers on wages, salaries, and pensions	Exempt: family allowances, military and civilian disability pensions, veterans’ pensions, remuneration collected by the staff of diplomatic missions and international organizations, etc. Application of a system of reductions for family obligations: 5 percent for each dependent, up to 30 percent for seven dependents.	Progressive tax: CFAF 0-25,000: 2 percent 25,001-50,000: 3 percent 50,001-100,000: 7 percent 100,001-150,000: 15 percent 150,001-300,000: 32 percent 300,001-400,000: 38 percent 400,001 and higher 45 percent
1.6. General income tax (Impôt general sur le revenue – IGR)	Paid by French and Libyan technical assistance experts, on a basis determined by the conventions signed between these countries.		Progressive schedule of 0-45 percent.
1.7. General business license (Patente synthétique – PS)	Borne by all individual taxpayers with a turnover of less than CFAF 30 million in sales/resales or CFAF 15 million in provision of services.	Corporations and liberal professions must pay the BIC or the BNC.	CFAF 35,000-90,000, depending on the activity and the turnover.
1.8. Tax on interest and dividend income (Impôt sur le revenu des valeurs mobilières - - IRVM)	Levied on the payment of distributions by limited companies to their shareholders and on interest income. Withheld at source by distributing companies.	Exempt: savings banks, operations on current account, capital amortization operations, Crédit du Niger, cooperatives, Crédit municipal, etc.
			Obligations	13 percent and 15% percent
			Dividends	10 percent
			Other	25 percent
			(attendance vouchers)
1.9. Overheads tax (Taxe sur les frais généraux - - TSFG)	Levied on gifts, charges for the receipt and maintenance of vehicles exceeding certain ceilings (e.g., CFAF 10,000 a year and per recipient of the gifts in question).	Exempt: enterprises covered by the Petroleum, Mining, and Investment Codes.	30 percent of any amount exceeding the established ceilings.
1.10. Apprenticeship tax (Taxe d’apprentissage - - TAP)	Borne by enterprises liable for the BIC or the BNC.	Exemptions granted in consideration of expenditures made by the enterprise within the framework of professional training for their employees.	1.10. Apprenticeship tax (Taxe d’apprentissage - - TAP)
1.11. BIC partial payment	Minimum payable against total BIC owed	Exemptions: enterprises subject to the actual accounts systems (régime reel) holding a certificate of exemption	5 percent of turnover
2. Taxes on goods and services
2.1. Value-added tax (VAT)	Levied on imports and sales operations as well as on the provision of services within Niger.	Exempt: exports, certain essential goods (flour, vegetable oil, rice, etc.), unprocessed local products, pharmaceuticals, agricultural entrants, road transportation of merchandise and travelers, insurance operations, etc.	Single rate of 19 percent.
2.2. Excise taxes (Droits d’accises)	Levied on certain goods imported or manufactured in Niger (tobacco, beverages, cola nuts, oils, etc.)
			Tobacco	30 percent
			Beer	25 percent
			Other alcoholic beverages 45 percent
			Cola, oils, cosmetics and perfumes	15 percent
			Tea	12 percent
2.3. Mining royalty (Redevance minière)	Paid by corporations mining uranium, when they are exporting the mineral.	2.3. Mining royalty (Redevance minière)	Paid by corporations mining uranium, when they are exporting the mineral.
3. Stamp and registration duties
3.1. Registration duties on real estate transactions	Levied on real estate transactions (rentals, sales, donations)		Duty set at proportional or progressive rates, depending on the type of property and the transaction concerned.
3.2. Single tax on insurance	Levied on insurance conventions and contracts	Exempt: life insurance and reinsurance companies	1.2-36 percent, depending on the risk.
3.3. Differential motor vehicle tax (Taxe différentielle sur les véhicules à moteur -- TDVM)	Levied on motor vehicles registered in Niger.	Exempt: vehicles of central and local governments, diplomats and similar persons, disabled persons, etc.	CFAF 5,000-50,000, depending on the capacity of the vehicle, expressed in hp.
3.4. Stamp duty	Levied on legal documents, correspondence to the government, certain invoices, and most official documents. Payment by revenue stamp.		Variable, depending on the document in question.
4. Duty and taxes on foreign trade
4.1. Customs duty on imports	Levied on the value, c.i.f., of imports.	Class 1 products (zero rate) in the Common External Tariff (CET).	0 percent, 5 percent, 10 percent, and 20 percent, depending on the CET class.
4.2. Statistical fee	Levied on the value, c.i.f., of imports from all sources.		1 percent.
4.3. Petroleum tax	Levied on the marketing of petroleum products. The tax base is the value, c.i.f., of the products, which varies, depending on changes in prices and the dollar exchange rate.	Exempt: petroleum products under conditional relief arrangements and those intended for international air transport.	Rate per liter variable, depending on the type of product.
4.4. Community levy	Charged on the value of the imports concerned.	Exempt: petroleum products and merchandise from WAEMU countries.	1 percent levied on the value cif of all goods imported from outside the region..
4.5. Statistical fee on exports	Levied on the value of the exports concerned.		3 percent.
4.6. Special re-export tax	Levied on re-exported merchandise.		Variable, depending on the destination and the type of product.