Finland vs Nauru: Economic Indicators Comparison

Finland with a GDP of $276.7B ranked the 43rd largest economy in the world, while Nauru ranked 195th with $125.6M. By GDP per capita, Finland and Nauru ranked 17th vs 74th, respectively.

Gross Domestic Product & Income

Stat	Finland	Nauru
GDP	$276.7B	$125.6M
GDP growth, 1 year	2.4%	5.7%
GDP growth, 5-years average	1.4%	N/A
Population	5.5M	14k
GDP per capita	$50k	$9.9k
GDP per capita growth	1.49%	7.13%
Purchasing Power Parity conversion factor	0.88	0.77
Price level ratio of PPP conversion factor GDP to market exchange rate	1.04	0.6
GDP per capita, PPP adjusted	$46k	$17k
GNI, Atlas method	$266.4B	$153.2M
GNI per capita	$48k	$12k
GNI, PPP adjusted	$268.1B	$266.1M
GNI per capita, PPP adjusted	$49k	$21k

Financial system and Human development

Stat	Finland	Nauru
Income Tax Rate	31.3%	N/A
Corporate Tax Rate	20%	N/A
Inflation, consumer prices	1.2%	N/A
Inflation, GDP deflator	2.1%	1.5%
Unemployment	7.8%	13.3%
Economic Freedom Index	75.7	60
Personal Freedom Index	9.5	6.3
Human Freedom Index	8.7	6.2
Property Rights Index	92.3	N/A
Judical Effectiveness Index	80.5	N/A
Business Freedom Index	84.8	N/A
Fiscal Health Index	90.7	N/A
Labor Freedom Index	50.3	N/A
Investment Freedom Index	85	N/A
Financial Freedom Index	80	N/A
Trade Freedom Index	86.4	N/A
Monetary Freedom Index	83.6	N/A
Government Spending Index	11.2	N/A
Tax Burden Index	67.5	N/A
Government Integrity Index	96.1	N/A
Corruption Perceptions Index	85	56
Life expectancy at birth, years	81.4	59.7
Suicide mortality rate, per 100,000 people	15.9	0.2
Mortality caused by road traffic injury, per 100,000 people	4.7	1
Intentional homicides, per 100,000 people	1.2	0
International tourism, number of arrivals	3.2M	N/A

Government debt & reserves

Stat	Finland	Nauru
Central government debt, % of GDP	60.5%	N/A
External debt stocks, % of GNI	N/A	N/A
External debt stocks	N/A	N/A
Short-term debt, % of total reserves	N/A	N/A
Total debt service, % of exports and primary income	N/A	N/A
Adjusted net savings including particulate emission damage, % of GNI	10.2%	N/A
Gross savings, % of GDP	23.9%	N/A
Gross capital formation, % of GDP	24.9%	N/A
Total reserves including gold	$10.3B	N/A
Foreign direct investment net inflows	-$4.9B	$0

Exports, imports and economic structure

Stat	Finland	Nauru
Exports of goods and services, % of GDP	38.6%	48.8%
Imports of goods and services, % of GDP	39.3%	101.7%
Current account balance (balance of payments)	-$4.5B	$8.4M
Revenue excluding grants, % of GDP	36.6%	96.8%
Grants excluding technical cooperation, BoP	N/A	$23.7M
Personal remittances received	$949.7M	$6.5M
Industry including construction value added, % of GDP	24.5%	5.5%
Agriculture, forestry and fishing value added, % of GDP	2.5%	3.6%
Charges for the use of intellectual property, payments BoP	$1.1B	N/A
Charges for the use of intellectual property, receipts BoP	$3.4B	N/A
Expense, % of GDP	37.9%	85%
Government Expenditure, % of GDP	54.4%	N/A