Nauru's Macroeconomic Analysis:
Nominal GDP of USD 101252.0 billion in 2023.
Nominal GDP of USD 116696.0 billion in 2023.
GDP per capita of USD 7,788,618,219 compared to the global average of USD 10,589.
GDP per capita of USD 8,976,619,086 compared to the global average of USD 10,589.
Average real GDP growth of 6.2% over the last decade.
Average real GDP growth of 8.2% over the last decade.
Main Economic Indicators
Economic growthThe economy recorded average annual growth of 8.2% in the decade to 2023. To read more about GDP growth in Nauru, go to our dedicated page.
Fiscal policy
Nauru's fiscal surplus averaged 24.3% of GDP in the decade to 2023. Find out more on our dedicated page.
Inflation
Inflation averaged 3.2% in the decade to 2023. Go to our Nauru inflation page for extra insight.
Exchange Rate
From end-2014 to end-2024 the Australian dollar weakened by 25% vs the U.S. dollar. For more info on the Australian dollar, click here.
Nauru Economic Forecasts
Projections out to 2029.20 indicators covered including both annual and quarterly frequencies.
Consensus Forecasts based on a panel of 2 expert analysts.
Want to get insight on the economic outlook for Nauru in the coming years? FocusEconomics collects projections out to 2029 on 20 economic indicators for Nauru from a panel of 2 analysts at the leading national, regional and global forecast institutions. These projections are then validated by our in-house team of economists and data analysts, and averaged to provide one Consensus Forecast you can rely on for each indicator. This means you avoid the risk of relying on out of date, biased or outlier forecasts. Our Consensus Forecasts can be visualized in whichever way best suits your needs, including via interactive online dashboards , direct data delivery and executive-style reports which combine analysts' projections with timely written analysis from our in-house team of economists on the latest developments in the Nauru economy. To download a sample report on the Nauru's economy, click here. To get in touch with our team for more information, fill in the form at the bottom of this page.