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Economic Freedom of the World

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Niger<br />

Chapter 2: Country Data Tables • 137<br />

1980 1990 2000 2005 2010 2013 2014<br />

Rating (Rank) Rating (Rank) Rating (Rank) Rating (Rank) Rating (Rank) Rating (Rank) Rating (Rank)<br />

Summary Ratings (Rank) 4.95 (61) 5.04 (73) 5.44 (106) 5.38 (130) 6.02 (129) 6.40 (118) 6.05 (129)<br />

Rating (Data) Rating (Data) Rating (Data) Rating (Data) Rating (Data) Rating (Data) Rating (Data)<br />

Area 1. Size <strong>of</strong> Government 5.88 3.81 3.96 7.35 9.00 6.36 6.39<br />

A. Government consumption 8.19 (12.15) 7.63 (14.06) 7.91 (13.10) 8.04 (12.65) 7.15 (15.70) 6.62 (17.50) 6.72 (17.15)<br />

B. Transfers and subsidies 9.46 (2.50) 10.00 (0.38) 9.84 (1.09) 9.84 (1.09) 9.84 (1.09)<br />

C. Government enterprises and investment 0.00 (79.90) 0.00 (64.80) 0.00 (58.50) 4.00 (33.80) 10.00 (14.98) 4.00 (33.60) 4.00 (30.49)<br />

D. Top marginal tax rate 5.00 5.00<br />

(i) Top marginal income tax rate 7.00 (35) 7.00 (35)<br />

(ii) Top marginal income and payroll tax rate 3.00 (48) 3.00 (46)<br />

Area 2. Legal System and Property Rights 4.67 5.30 4.50 4.11 3.95 5.72 4.11<br />

A. Judicial independence<br />

B. Impartial courts 3.49 4.10 4.60 4.20 4.34<br />

C. Protection <strong>of</strong> property rights 8.23<br />

D. Military interference in rule <strong>of</strong> law and politics 6.67 5.00 3.33 3.33 3.33<br />

E. Integrity <strong>of</strong> <strong>the</strong> legal system 3.33 3.33 3.33 3.33 3.33<br />

F. Legal enforcement <strong>of</strong> contracts 2.74 2.74 3.16 3.16<br />

G. Regulatory costs <strong>of</strong> <strong>the</strong> sale <strong>of</strong> real property 5.36 5.72 6.38 6.38<br />

H. Reliability <strong>of</strong> police 9.06<br />

I. Business costs <strong>of</strong> crime 8.06<br />

Area 3. Sound Money 4.90 7.08 8.25 6.47 6.61 6.72 6.79<br />

A. Money growth 5.92 (20.42) 9.78 (-1.10) 9.04 (-4.78) 8.98 (-5.11) 7.82 (10.88) 8.06 (9.72) 8.04 (9.80)<br />

B. Standard deviation <strong>of</strong> inflation 7.86 (5.35) 8.86 (2.85) 9.54 (1.14) 8.46 (3.85) 8.77 (3.07) 9.28 (1.81) 9.26 (1.84)<br />

C. Inflation: most recent year 5.84 (20.82) 9.68 (-1.60) 9.42 (2.90) 8.44 (7.80) 9.84 (0.80) 9.54 (2.30) 9.84 (-0.79)<br />

D. <strong>Freedom</strong> to own foreign currency bank accounts 0.00 0.00 5.00 0.00 0.00 0.00 0.00<br />

Area 4. <strong>Freedom</strong> to Trade Internationally 4.67 4.22 5.87 4.10 4.37 6.03 5.67<br />

A. Tariffs 4.40 3.47 7.60 5.19 6.24 6.24 6.24<br />

(i) Revenue from trade taxes (% <strong>of</strong> trade sector) 4.40 (8.40) 3.47 (9.80) 0.86 (13.71) 3.82 (9.27) 3.82 (9.27) 3.82 (9.27)<br />

(ii) Mean tariff rate 7.46 (12.70) 7.62 (11.90) 7.62 (11.90) 7.62 (11.90)<br />

(iii) Standard deviation <strong>of</strong> tariff rates 7.26 (6.84) 7.29 (6.78) 7.29 (6.78) 7.29 (6.78)<br />

B. Regulatory trade barriers 1.22 1.22 4.75 3.31<br />

(i) Non-tariff trade barriers 7.83<br />

(ii) Compliance cost <strong>of</strong> importing and exporting 1.22 1.22 1.66 3.31<br />

C. Black-market exchange rates 9.60 9.20 10.00 10.00 10.00 10.00 10.00<br />

D. Controls <strong>of</strong> <strong>the</strong> movement <strong>of</strong> capital and people 0.00 0.00 0.00 0.00 0.00 3.11 3.11<br />

(i) Foreign ownership/investment restrictions 6.98 6.98<br />

(ii) Capital controls 0.00 0.00 0.00 0.00 0.00 0.77 0.77<br />

(iii) <strong>Freedom</strong> <strong>of</strong> foreigners to visit 0.00 0.00 1.59 1.59<br />

Area 5. Regulation 4.64 4.79 4.61 4.88 6.17 7.15 7.29<br />

A. Credit Market regulations 4.30 6.13 5.67 7.54 9.69 9.64 9.38<br />

(i) Ownership <strong>of</strong> banks 2.00 2.00 5.00 10.00 10.00 10.00 10.00<br />

(ii) Private sector credit 8.91 8.38 8.01 8.63 9.37 9.28 8.76<br />

(iii) Interest rate controls (negative real interest rates) 2.00 8.00 4.00 4.00<br />

B. Labor Market regulations 3.14 3.85 4.72 4.26<br />

(i) Hiring regulations and minimum wage 1.10 0.00 1.67 1.67<br />

(ii) Hiring and firing regulations 5.17<br />

(iii) Centralized collective bargaining 8.08<br />

(iv) Hours regulations 4.70 6.00 6.00 8.00<br />

(v) Mandated cost <strong>of</strong> worker dismissal 6.76 9.40 7.38 7.38<br />

(vi) Conscription 0.00 0.00 0.00 0.00 0.00 0.00<br />

C. Business regulations 3.97 4.97 7.09 8.23<br />

(i) Administrative requirements 5.49<br />

(ii) Bureaucracy costs<br />

(iii) Starting a business 3.35 6.34 7.10 8.66<br />

(iv) Extra payments/bribes/favoritism<br />

(v) Licensing restrictions 1.60 1.59 8.78 9.06<br />

(vi) Cost <strong>of</strong> tax compliance 6.97 6.97 6.97 6.97<br />

www.free<strong>the</strong>world.com • www.fraserinstitute.org • Fraser Institute ©2016

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