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Agriculture in Niger

  • 5 min read
  • 6 chapters

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Through Agriculture, Human Development Index and Gross domestic product

The agricultural economy is based largely upon internal markets, subsistence agriculture, and the export of raw commodities: food stuffs and cattle to neighbors. Niger, a landlocked Sub-Sahara African nation, over the past two decades has consistently been ranked near or at the bottom of worldwide indexes of the Human development index, GDP, and per capita income. Economic activity centres on subsistence agriculture, animal husbandry, re-export trade, and export of uranium. The 50% devaluation of the West African CFA franc in January 1994 boosted exports of livestock, cowpeas, onions, and the products of Niger's small cotton industry. Exports of cattle to neighboring Nigeria, as well as groundnuts and their oil remain the primary non-mineral exports.

Overall economy

Niger's economy is based largely on subsistence crops, livestock, and some of the world's largest uranium deposits. Drought cycles, desertification, a 3.4% population growth rate and the drop in world demand for uranium have undercut an already marginal economy. Traditional subsistence farming, herding, small trading, and informal markets dominate an economy that generates few formal sector jobs. Between 1988 and 1995 28% to 30% of the total economy of Niger was in the unregulated Informal sector, including small and even large scale rural and urban production, transport and services. Current GDP per capita is very low by world standards, in part explained through the involvement of a majority of the population in very small-scale agriculture, which generates little monetary exchange.

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