Niger Economy Gains Momentum, Household Savings Lag Behind

The economy of Niger has recorded its strongest growth since nearly a decade in 2025, but behind the progress of 4.9% GDP growth appears an important divergence: investment surged by 16.3%, while household consumption only increased by 1.2%

The growth of the Nigerien economy is largely driven by large investments, much less by daily expenses of households. This is one of the conclusions of the latest Economic Situation Report in Niger published by the World Bank.

Large Projects Drive Growth

Investment grew by 16.3% in 2025, after a significant increase already in 2024 of 14%. This acceleration is mainly linked to large public infrastructure projects, particularly those undertaken within the framework of the preparation of the 2030 World Cup.

The construction sector recorded a growth rate of 6.7%. The World Bank also notes a progressive recovery of private investments. Since the pandemic, investments and household consumption have systematically progressed more rapidly than nominal GDP.

Household Spending Slows Down

Household spending follows a very different trajectory. Its growth had reached 4.7% in 2023, before slowing down to 3% in 2024 and only 1.2% in 2025.

Households did not reduce their expenses, but these have progressed less quickly than investments and the overall economy. This slowdown occurs despite a decrease in inflation to 0.8% in 2025 and an improvement in household confidence.

A Turning Point Expected

The World Bank expects a progressive rebalancing. The current investment cycle should mature in the coming years, leaving more room for household consumption and private sector activity.