Nauru Economic Statistics and Indicators

17, Jul 2018, EDT. Welcome to the Nauru economic statistics pages provided by the beta version of EconomyWatch.com's Econ Stats database.

Economic Indicators For: Nauru › Change country
National or Regional Currency: Australian Dollar, AUD
Year of data: 2015 › Change year
Number of Indicators Listed:
Full Dataset: From Year 1980 to 2019
Date of Last Update: 17th March 2015
Population: 9,488 (July 2014 est.)
Area: total: 21 sq km ; land: 21 sq km ; water: 0 sq km
Natural Resources: phosphates, fish
Capital: no official capital; government offices in Yaren District ; time difference: UTC+12 (17 hours ahead of Washington, DC, during Standard Time)

Revenues of this tiny island traditionally have come from exports of phosphates. Few other resources exist, with most necessities being imported, mainly from Australia, its former occupier and later major source of support. In 2005 an Australian company entered into an agreement to exploit remaining supplies. Primary reserves of phosphates were exhausted and mining ceased in 2006, but mining of a deeper layer of "secondary phosphate" in the interior of the island began the following year. The secondary phosphate deposits may last another 30 years. The rehabilitation of mined land and the replacement of income from phosphates are serious long-term problems. In anticipation of the exhaustion of Nauru's phosphate deposits, substantial amounts of phosphate income were invested in trust funds to help cushion the transition and provide for Nauru's economic future. As a result of heavy spending from the trust funds, the government faced virtual bankruptcy. To cut costs the government has frozen wages and reduced overstaffed public service departments. Nauru lost further revenue in 2008 with the closure of Australia's refugee processing center, making it almost totally dependent on food imports and foreign aid. Housing, hospitals, and other capital plant are deteriorating. The cost to Australia of keeping the government and economy afloat continues to climb. Few comprehensive statistics on the Nauru economy exist with estimates of Nauru's GDP varying widely.

Economic Indicators for Nauru 2015

Not Available
* Source: IMF
Aggregate Indicators for Nauru
Indicators
  Geography (Location, geographic coordinates, map references, area, terrain, elevation extremes, borders, coastline and maritime claims) for Nauru
  Climate and Environment (climate, environmental issues, environmental agreements, natural hazards) for Nauru
  Natural Resources, Agricultural Products, Land Use and Water Use for Nauru
  Nationality, Ethnic Groups, Languages and Religions for Nauru
  Telephone Statistics: Number of Fixed Lines, Mobile Phone Penetration Rate for Nauru
  Age Structure, Median Age, Gender and Urbanization for Nauru
  Population Growth Rate, Birth Rate, Death Rate, Net Migration Rate for Nauru
  Life Expectancy Rate, Infant Mortality Rate and Total Fertility Rate for Nauru
  HIV, AIDS and Other Major Infectious Disease Rates for Nauru
  Literacy Rate, Educational Expenditure and School Life Expectancy for Nauru
  Gross Domestic Product (PPP, Official Exchange Rate, Real Growth Rate and Per Capita) for Nauru
  Industries and Industrial Growth Production Rate for Nauru
  Labor Force by Occupation for Nauru
  Poverty Line, Gini Index, Household Income and Consumption for Nauru
  National Budget and Public Debt for Nauru
  Bank Rates (Commercial Bank Prime Lending Rate, Central Bank Discount Rate) for Nauru
  Stock of Money, Stock of Quasi Money, Stock of Domestic Credit for Nauru
  Stock Market Capitalization: Market Value of Publicly Traded Shares for Nauru
  Trade Statistics, Export Statistics, Export Partners and Products, Import Statistics, Import Partners and Products for Nauru
  Foreign Exchange Reserves and Gold Reserves for Nauru
  FDI Statistics (Foreign Direct Investment at Home/ Inbound FDI, Foreign Direct Investment Abroad/ Outbound FDI) for Nauru
  Exchange Rate Statistics for Nauru
  Electricity Production, Electricity Consumption, Electricity Exports and Electricity Imports for Nauru
  Oil Production, Proven Oil Reserves, Oil Consumption, Oil Exports and Oil Imports for Nauru
  Natural Gas Production, Proven Natural Gas Reserves, Natural Gas Consumption, Natural Gas Exports and Natural Gas Imports for Nauru
  Television and Radio Statistics (TV Stats, Radio Stats) for Nauru
  Internet Statistics (Internet Users, Internet Hosts, Country TLD) for Nauru
  Airport Statistics (Paved Runway Airports, Unpaved Runway Airports, Heliports) for Nauru
  Transport Statistics (Railways, Roadways, Waterways, Ports and Terminals, Airports, Merchant Marine) for Nauru
  Military Statistics (Military Expenditure, Military Branches, Service Age and Obligation, Manpower Available and Fit for Military Service) for Nauru
  Disputes, Refugees, Human Trafficking and Illicit Drug Production for Nauru
* Source: CIA
Internet Indicators for Nauru
Indicators
  Number of Internet Users for Nauru
  Internet Penetration Rate for Nauru
  Number of Facebook Accounts for Nauru
  Facebook Penetration Rate for Nauru
* Source: IWS