Economic Trivia

Nauru's is rich in phosphates, and their export provides the majority of the country's revenues.

Trade Source: United Nations Comtrade
Note: Top 3 trade partners are calculated by imports + exports.

Data unavailable

Top Industries Source: CIA World Factbook

Phosphate Mining; Offshore Banking; Coconut Products

Gross Domestic Product (GDP) [1]

GDP, PPP (current international) $166,178,753 (2022)
GDP Growth Rate (annual %) 2.362% (2022)
GDP Per Capita, PPP (current international) $13,118 (2022)
Click on a row to display its 5-year graph on the right.

GDP Country Rank 196/197 (2022)

GDP Composition %

Note: GDP composition percentage may exceed 100. Manufacturing is included in the Industry figures and is also reported separately because it plays a critical role in many economies.

Economic Indicators [1]

Inflation, consumer prices (annual %) -0.125% (2012)
External debt stocks, total (DOD, current US$) Data unavailable
Total tax rate (% of commercial profits) Data unavailable
Real Interest Rate (5 year average %) Data unavailable
Manufacturing, value added (% of GDP) 0% (2015)
Current Account Balance (BoP, current US$) $8,406,408 (2018)
Click on a row to display its 5-year graph on the right.

Labor and Employment [1]

Labor Force, Total Data unavailable
Employment in Agriculture (% of total employment) Data unavailable
Employment in Industry (% of total employment) Data unavailable
Employment in Services (% of total employment) Data unavailable
Unemployment Rate Data unavailable
Click on a row to display its 5-year graph on the right.

Trade [1]

Imports of goods and services (current US$) $174,141,013 (2022)
Exports of goods and services (current US$) $84,168,156 (2022)
Total Merchandise Trade (% of GDP) 100.714% (2022)
FDI, net inflows (BoP, current US$) $0 (2018)
Commercial Service Exports (current US$) $19,125,966 (2018)
Click on a row to display its 5-year graph on the right.

Economic Snapshot [1]

Note: Percentile ranks are calculated using the latest available data for all countries within the last 5 years.

How to interpret the graph: The purpose of this graph is to take a snapshot of a country’s economy in comparison to other economies. For example, Nauru’s Exports rank is higher than (please wait...) of the countries in the dataset. For Exports, FDI and GDP measures, a higher rank (closer to 100%) indicates a stronger economy. Conversely, for Unemployment and Inflation, a lower rank (closer to 0%) indicates a stronger economy.

Due to unavailable data the following indicators have been omitted:
  • Exports
  • FDI, net inflows
  • GDP Growth Rate
  • GDP Per Capita
  • Inflation
  • Unemployment

Sources

  1. The World Bank