← Frontier Markets
NE

Niger Frontier

Africa · Niamey · XOF (West African CFA Franc)

GDP
$19.73B
nominal, USD
GDP growth
6.6%
real, annual
Inflation
7.8%
annual
Market cap
total listed, USD

Economy & industry overview

Niger is a landlocked, low-income West African nation whose economy rests primarily on subsistence agriculture, uranium mining, and petroleum exports. Agriculture employs approximately 87% of the labour force, while uranium has historically been the country's primary hard-currency earner. A 2023 military coup disrupted relations with Western partners and led to the suspension of some foreign aid and development financing, creating near-term fiscal pressure. The country remains one of the world's least-developed economies, with a nominal GDP of approximately $19.7 billion in 2024 and a GDP per capita of around $693. Long-term growth prospects are linked to oil pipeline revenues, uranium demand, and agricultural productivity, though security conditions across the Sahel remain a significant constraint.

Key sectors

Subsistence AgricultureUranium MiningPetroleum & Oil ExtractionLivestock & PastoralismFood ProcessingCement & Construction MaterialsTextilesGold Mining
Learn everything about Niger →

Macro

GDP nominal, USD$19.73B
GDP growth real, annual6.6%
Inflation annual7.8%
Population people27.0M
GDP per capita USD$693
Market cap total listed, USD
Market cap / GDP
Unemployment0.4%
ExchangeBourse Régionale des Valeurs Mobilières (BRVM), Regional exchange serving Niger as a WAEMU member state; Niger has no independent national stock exchange (BRVM)

Data year: 2024. Sources: IMF World Economic Outlook (April 2026), World Bank World Development Indicators (2024), Macrotrends / World Bank GDP data (2024), Wikipedia – Economy of Niger, FocusEconomics – Niger Country Profile, Trading Economics – Niger Unemployment Rate (ILO), BRVM – Bourse Régionale des Valeurs Mobilières (brvm.org), Addleshaw Goddard – Doing Business in Africa: Niger, Worldometer – Niger GDP (IMF April 2026), AMF-UMOA Decision No. 237-2024 – SGI Niger authorisation.

Largest listed companies

The biggest companies on the main local exchange, by market capitalisation.

No companies are listed domestically in Niger. Markets served by a regional exchange list their companies under that exchange rather than a national one, so the funds below are the practical route to this market.

Exchange serving this market: Bourse Régionale des Valeurs Mobilières (BRVM), Regional exchange serving Niger as a WAEMU member state; Niger has no independent national stock exchange (BRVM)

US-traded ETFs

Funds listed in the US that give exposure to this market, the simplest route for many US investors.

ETF Scope Expense ratioannual % Exposure% of fund

Local exchange & access

ExchangeBourse Régionale des Valeurs Mobilières (BRVM), Regional exchange serving Niger as a WAEMU member state; Niger has no independent national stock exchange
CodeBRVM
Websitewww.brvm.org
CurrencyXOF

Local broker access

Niger participates in the regional BRVM exchange as a UEMOA/WAEMU member state. There are no domestically headquartered companies with a meaningful BRVM listing. Investors seeking equity exposure to West Africa's CFA-zone frontier markets may access the BRVM through brokers authorised as Sociétés de Gestion et d'Intermédiation (SGI); SGI Niger received AMF-UMOA authorisation in 2024. Direct retail access from outside the WAEMU zone is limited and typically requires engaging a licensed SGI in-country or a pan-African brokerage with BRVM access.

Global brokers with foreign-market access

Listed for convenience only. Not a recommendation. Available markets, fees and onboarding rules differ by broker and by your country of residence.

Relocation & residency

Investment visa / residency programme

Grants No formal investment-migration programme

Niger has no formally established residency-by-investment or citizenship-by-investment programme. No golden visa or investment-migration scheme exists as of the data year.

Need help applying? Specialist investment-migration advisers such as Henley & Partners.

Foreign-investor access

Niger requires a visa for most nationalities. Following the July 2023 military coup, several Western governments issued travel advisories recommending against travel to Niger. The country has no special investor or retiree residency category. ECOWAS free-movement protocols technically apply to ECOWAS citizens but practical implementation has been affected by regional political tensions.

Theme