Grenada vs Nauru: Economic Indicators Comparison

Grenada with a GDP of $1.2B ranked the 183rd largest economy in the world, while Nauru ranked 195th with $125.6M. By GDP per capita, Grenada and Nauru ranked 70th vs 74th, respectively.

Gross Domestic Product & Income

Stat	Grenada	Nauru
GDP	$1.2B	$125.6M
GDP growth, 1 year	4.18%	5.7%
GDP growth, 5-years average	N/A	N/A
Population	108k	14k
GDP per capita	$11k	$9.9k
GDP per capita growth	3.64%	7.13%
Purchasing Power Parity conversion factor	1.85	0.77
Price level ratio of PPP conversion factor GDP to market exchange rate	0.68	0.6
GDP per capita, PPP adjusted	$16k	$17k
GNI, Atlas method	$1.1B	$153.2M
GNI per capita	$9.7k	$12k
GNI, PPP adjusted	$1.6B	$266.1M
GNI per capita, PPP adjusted	$14k	$21k

Financial system and Human development

Stat	Grenada	Nauru
Income Tax Rate	N/A	N/A
Corporate Tax Rate	N/A	N/A
Inflation, consumer prices	0.8%	N/A
Inflation, GDP deflator	1%	1.5%
Unemployment	22.9%	13.3%
Economic Freedom Index	63	60
Personal Freedom Index	6	6.3
Human Freedom Index	6	6.2
Property Rights Index	N/A	N/A
Judical Effectiveness Index	N/A	N/A
Business Freedom Index	N/A	N/A
Fiscal Health Index	N/A	N/A
Labor Freedom Index	N/A	N/A
Investment Freedom Index	N/A	N/A
Financial Freedom Index	N/A	N/A
Trade Freedom Index	N/A	N/A
Monetary Freedom Index	N/A	N/A
Government Spending Index	N/A	N/A
Tax Burden Index	N/A	N/A
Government Integrity Index	N/A	N/A
Corruption Perceptions Index	52	56
Life expectancy at birth, years	72.4	59.7
Suicide mortality rate, per 100,000 people	1.7	0.2
Mortality caused by road traffic injury, per 100,000 people	9.3	1
Intentional homicides, per 100,000 people	11.1	0
International tourism, number of arrivals	185k	N/A

Government debt & reserves

Stat	Grenada	Nauru
Central government debt, % of GDP	N/A	N/A
External debt stocks, % of GNI	58.8%	N/A
External debt stocks	$644.9M	N/A
Short-term debt, % of total reserves	50.4%	N/A
Total debt service, % of exports and primary income	8.4%	N/A
Adjusted net savings including particulate emission damage, % of GNI	N/A	N/A
Gross savings, % of GDP	N/A	N/A
Gross capital formation, % of GDP	N/A	N/A
Total reserves including gold	$233.8M	N/A
Foreign direct investment net inflows	$153.7M	$0

Exports, imports and economic structure

Stat	Grenada	Nauru
Exports of goods and services, % of GDP	54.2%	48.8%
Imports of goods and services, % of GDP	55.2%	101.7%
Current account balance (balance of payments)	-$116.3M	$8.4M
Revenue excluding grants, % of GDP	N/A	96.8%
Grants excluding technical cooperation, BoP	$250k	$23.7M
Personal remittances received	$48.5M	$6.5M
Industry including construction value added, % of GDP	13.3%	5.5%
Agriculture, forestry and fishing value added, % of GDP	5.2%	3.6%
Charges for the use of intellectual property, payments BoP	$9.3M	N/A
Charges for the use of intellectual property, receipts BoP	$56k	N/A
Expense, % of GDP	N/A	85%
Government Expenditure, % of GDP	N/A	N/A