World Factbook

Nauru

Republic of Nauru

Last updated: 2026-03-28 (today)

Budget

note

note: central government revenues (excluding grants) and expenditures converted to US dollars at average official exchange rate for year indicated

revenues

$199.74 million (2020 est.)

expenditures

$157.86 million (2020 est.)

Exports

note

note: balance of payments - exports of goods and services in current dollars

Exports 2021

$54.403 million (2021 est.)

Exports 2022

$78.383 million (2022 est.)

Exports 2023

$64.931 million (2023 est.)

Imports

note

note: balance of payments - imports of goods and services in current dollars

Imports 2021

$141.185 million (2021 est.)

Imports 2022

$165.371 million (2022 est.)

Imports 2023

$150.193 million (2023 est.)

Industries

phosphate mining, offshore banking, coconut products

Public debt

Public debt 2016

65% of GDP (2016 est.)

Remittances

note

note: personal transfers and compensation between resident and non-resident individuals/households/entities

Remittances 2021

0.7% of GDP (2021 est.)

Remittances 2022

0.6% of GDP (2022 est.)

Remittances 2023

0.6% of GDP (2023 est.)

Exchange rates

Currency

Australian dollars (AUD) per US dollar -

Exchange rates 2020

1.453 (2020 est.)

Exchange rates 2021

1.331 (2021 est.)

Exchange rates 2022

1.442 (2022 est.)

Exchange rates 2023

1.505 (2023 est.)

Exchange rates 2024

1.515 (2024 est.)

Economic overview

upper-middle-income Pacific island country; phosphate resource exhaustion made island interior uninhabitable; licenses fishing rights; houses Australia’s Regional Processing Centre; former tax haven; largely dependent on foreign subsidies

Exports - partners

Thailand 78%, Philippines 11%, NZ 5%, Japan 1%, Canada 1% (2023)

note: top five export partners based on percentage share of exports

Imports - partners

Australia 50%, Japan 11%, Fiji 9%, Senegal 9%, China 9% (2023)

note: top five import partners based on percentage share of imports

Real GDP per capita

note

note: data in 2021 dollars

Real GDP per capita 2022

$12,500 (2022 est.)

Real GDP per capita 2023

$12,500 (2023 est.)

Real GDP per capita 2024

$12,600 (2024 est.)

Real GDP growth rate

note

note: annual GDP % growth based on constant local currency

Real GDP growth rate 2022

3% (2022 est.)

Real GDP growth rate 2023

0.6% (2023 est.)

Real GDP growth rate 2024

1.8% (2024 est.)

Agricultural products

coconuts, tropical fruits, pork, eggs, pork offal, pork fat, chicken, papayas, vegetables, cabbages (2023)

note: top ten agricultural products based on tonnage

Exports - commodities

fish, phosphates (2023)

note: top export commodities based on value in dollars over $500,000

Imports - commodities

ships, titanium ore, refined petroleum, plastic products, other foods (2023)

note: top five import commodities based on value in dollars

Current account balance

note

note: balance of payments - net trade and primary/secondary income in current dollars

Current account balance 2021

$6.597 million (2021 est.)

Current account balance 2022

$2.966 million (2022 est.)

Current account balance 2023

$1.923 million (2023 est.)

Taxes and other revenues

44.4% (of GDP) (2020 est.)

note: central government tax revenue as a % of GDP

GDP (official exchange rate)

$160.351 million (2024 est.)

note: data in current dollars at official exchange rate

Inflation rate (consumer prices)

note

note: annual % change based on consumer prices

Inflation rate (consumer prices) 2020

1.8% (2020 est.)

Inflation rate (consumer prices) 2021

2.4% (2021 est.)

Inflation rate (consumer prices) 2022

2.6% (2022 est.)

Real GDP (purchasing power parity)

note

note: data in 2021 dollars

Real GDP (purchasing power parity) 2022

$147.026 million (2022 est.)

Real GDP (purchasing power parity) 2023

$147.976 million (2023 est.)

Real GDP (purchasing power parity) 2024

$150.581 million (2024 est.)