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ECON FACTBOOK

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Economy of Nauru

Population: 10,084 in 20111

GDP: $121 million in 20122

GDP per capita: $12,021 nominal in 20123

GDP growth rate: 20.2% in 20124

Industries

GDP by Industry 20125

Industry sectorValue added ($ millions) 2012Percent of total
Other activities2326.8%
Mining and utilities1720.1%
Wholesale, retail trade, restaurants and hotels1517.0%
Manufacturing1517.5%
Transport, storage and communication89.4%
Agriculture, hunting, forestry, fishing45.2%
Construction34.0%
Total value added86100%

Employment

Unemployment rate: 23% in 20116

Employment by Industry

N/A

Corporations

Top 10 Corporations by Revenue 20137

N/A

Households

Household Wealth: N/A

Household Wealth per Adult: N/A

Gini Coefficient: N/A

Government

Central Government

Central Government Revenue: $13.5 million (11% of GDP) in 20138

Central Government Expenditure: $13.5 million (11% of GDP) in 20138

Central Government Budget Balance: $0 million (0% of GDP) in 20138

Central Government Public Debt: $6.7 million (5% of GDP) in 2012* 9

Central Government 10 Year Bond Interest Rate: N/A

* Public debt calculated using the exchange rate 1.28 AUD = 1 USD

Government Funds

N/A

Tax Structure

Individual Income Tax Rates and Thresholds: N/A

Corporate Tax Rate: N/A

Monetary Policy

Money Supply (M1, Australia): $244 billion in Nov 2014* 10

Benchmark Interest Rate (Australia): Cash Rate = 2.5% in 201411

Total Reserves: N/A

Exchange Rate: 1.28 Australian Dollars = 1 U.S. Dollar on Feb 26, 201512

Inflation: -2.08% in 201313

Financial Institutions

Top 10 Financial Institutions by Assets 201314

N/A (data not available at Relbanks.com)

International Accounts

Exports: $49 million (41% of GDP) in 201315

Imports: $146 million (121% of GDP) in 201315

Trade Balance: -$97 million (-80% of GDP) in 201315

Foreign Direct Investment Inflow: N/A

Foreign Direct Investment Outflow: N/A

Foreign Aid Inflow: N/A

Foreign Aid Outflow: N/A

References

1. Source: Nauru Bureau of Statistics, Stats at Glance (Population) Go back
2. Source: United Nations Statistics Division (GDP) Go back
3. Source: United Nations Statistics Division (GDP per capita) Go back
4. Source: World Bank Indicators (GDP growth rate) Go back
5. Source: United Nations Statistics Division (GDP by industry) Go back
6. Source: Nauru Bureau of Statistics (Unemployment rate) Go back
7. Source: Annual reports (Corporate data) Go back
8. Source: CIA World Factbook (Government budget) Go back
9. Source: Nauru Bureau of Statistics, Government Finance (Public debt) Go back
10. Source: Reserve Bank of Australia, Money and Credit Statistics (Money supply) Go back
11. Source: Reserve Bank of Australia (Benchmark interest rate) Go back
12. Source: Yahoo Finance (Exchange rate) Go back
13. Source: Nauru Bureau of Statistics (Inflation rate) Go back
14. Source: Relbanks.com (Financial institutions by assets) Go back
15. Source: Nauru Bureau of Statistics (Trade data) Go back