Eritrea vs Nauru: Economic Indicators Comparison

Eritrea with a GDP of $2.6B ranked the 170th largest economy in the world, while Nauru ranked 195th with $125.6M. By GDP per capita, Eritrea and Nauru ranked 178th vs 74th, respectively.

Gross Domestic Product & Income

Stat	Eritrea	Nauru
GDP	$2.6B	$125.6M
GDP growth, 1 year	4.2%	5.7%
GDP growth, 5-years average	3.3%	N/A
Population	3.5M	14k
GDP per capita	$811	$9.9k
GDP per capita growth	7.21%	7.13%
Purchasing Power Parity conversion factor	5.93	0.77
Price level ratio of PPP conversion factor GDP to market exchange rate	0.39	0.6
GDP per capita, PPP adjusted	$1.7k	$17k
GNI, Atlas method	$2.3B	$153.2M
GNI per capita	$720	$12k
GNI, PPP adjusted	$6.7B	$266.1M
GNI per capita, PPP adjusted	$2.1k	$21k

Financial system and Human development

Stat	Eritrea	Nauru
Income Tax Rate	30%	N/A
Corporate Tax Rate	30%	N/A
Inflation, consumer prices	9%	N/A
Inflation, GDP deflator	13.3%	1.5%
Unemployment	6.5%	13.3%
Economic Freedom Index	38.5	60
Personal Freedom Index	4.8	6.3
Human Freedom Index	4.8	6.2
Property Rights Index	32.5	N/A
Judical Effectiveness Index	14.3	N/A
Business Freedom Index	18.2	N/A
Fiscal Health Index	0	N/A
Labor Freedom Index	69.7	N/A
Investment Freedom Index	0	N/A
Financial Freedom Index	20	N/A
Trade Freedom Index	69.2	N/A
Monetary Freedom Index	61	N/A
Government Spending Index	74.7	N/A
Tax Burden Index	81.4	N/A
Government Integrity Index	21.4	N/A
Corruption Perceptions Index	24	56
Life expectancy at birth, years	65.5	59.7
Suicide mortality rate, per 100,000 people	7.9	0.2
Mortality caused by road traffic injury, per 100,000 people	25.3	1
Intentional homicides, per 100,000 people	8	0
International tourism, number of arrivals	142k	N/A

Government debt & reserves

Stat	Eritrea	Nauru
Central government debt, % of GDP	129.4%	N/A
External debt stocks, % of GNI	40.8%	N/A
External debt stocks	$791.2M	N/A
Short-term debt, % of total reserves	16%	N/A
Total debt service, % of exports and primary income	4.3%	N/A
Adjusted net savings including particulate emission damage, % of GNI	0.5%	N/A
Gross savings, % of GDP	15.8%	N/A
Gross capital formation, % of GDP	10%	N/A
Total reserves including gold	$114.8M	N/A
Foreign direct investment net inflows	$61M	$0

Exports, imports and economic structure

Stat	Eritrea	Nauru
Exports of goods and services, % of GDP	14.4%	48.8%
Imports of goods and services, % of GDP	23.2%	101.7%
Current account balance (balance of payments)	-$104.7M	$8.4M
Revenue excluding grants, % of GDP	N/A	96.8%
Grants excluding technical cooperation, BoP	$82M	$23.7M
Personal remittances received	$3.3M	$6.5M
Industry including construction value added, % of GDP	21.8%	5.5%
Agriculture, forestry and fishing value added, % of GDP	14.1%	3.6%
Charges for the use of intellectual property, payments BoP	$281k	N/A
Charges for the use of intellectual property, receipts BoP	$94k	N/A
Expense, % of GDP	N/A	85%
Government Expenditure, % of GDP	29.1%	N/A