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TOOL · GROSS COST

How much would a basic income cost in Niger?

Calculate the gross annual cost of paying a monthly amount to the country’s adult and child population.

Adult population 13,873,697child population 12,286,170year 2023World Bank WDI

GROSS ANNUAL COST

192,161 million

in XOFF CFA 192,161,107,200

Equal to 1.9% of reference GDP

Population covered: 26,159,867 people

Adults: 13,873,697 × F CFA 800 × 12 = F CFA 133,187,491,200

Children: 12,286,170 × F CFA 400 × 12 = F CFA 58,973,616,000

F CFA 133,187,491,200 + F CFA 58,973,616,000 = F CFA 192,161,107,200

Offset benefits, recovered tax, administrative savings and later economic effects are not deducted. This is a gross cost, not a net cost.

Sources and method

Population 2023 · World Bank WDI

GDP 2023 · $16,949,765,464 · World Bank WDI

Currency XOF · exchange rate 606.5698 XOF/USD (2023)

Converted cost $316,799,687 for the GDP share.