Iraq vs Nauru: Economic Indicators Comparison

Iraq with a GDP of $224.2B ranked the 50th largest economy in the world, while Nauru ranked 195th with $125.6M. By GDP per capita, Iraq and Nauru ranked 103rd vs 74th, respectively.

Gross Domestic Product & Income

Stat	Iraq	Nauru
GDP	$224.2B	$125.6M
GDP growth, 1 year	0.6%	5.7%
GDP growth, 5-years average	3.1%	N/A
Population	38.3M	14k
GDP per capita	$5.8k	$9.9k
GDP per capita growth	-2.84%	7.13%
Purchasing Power Parity conversion factor	395.51	0.77
Price level ratio of PPP conversion factor GDP to market exchange rate	0.33	0.6
GDP per capita, PPP adjusted	$18k	$17k
GNI, Atlas method	$193.6B	$153.2M
GNI per capita	$5k	$12k
GNI, PPP adjusted	$661.5B	$266.1M
GNI per capita, PPP adjusted	$17k	$21k

Financial system and Human development

Stat	Iraq	Nauru
Income Tax Rate	15%	N/A
Corporate Tax Rate	15%	N/A
Inflation, consumer prices	0.4%	N/A
Inflation, GDP deflator	15.4%	1.5%
Unemployment	7.9%	13.3%
Economic Freedom Index	21	60
Personal Freedom Index	3.21	6.3
Human Freedom Index	4.28	6.2
Property Rights Index	43.9	N/A
Judical Effectiveness Index	11.2	N/A
Business Freedom Index	52.6	N/A
Fiscal Health Index	76.6	N/A
Labor Freedom Index	44.8	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	76.4	N/A
Government Spending Index	59.5	N/A
Tax Burden Index	N/A	N/A
Government Integrity Index	20.8	N/A
Corruption Perceptions Index	18	56
Life expectancy at birth, years	70.3	59.7
Suicide mortality rate, per 100,000 people	3	0.2
Mortality caused by road traffic injury, per 100,000 people	20.7	1
Intentional homicides, per 100,000 people	9.9	0
International tourism, number of arrivals	892k	N/A

Government debt & reserves

Stat	Iraq	Nauru
Central government debt, % of GDP	48.4%	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	-7%	N/A
Gross savings, % of GDP	20.1%	N/A
Gross capital formation, % of GDP	12.9%	N/A
Total reserves including gold	$64.7B	N/A
Foreign direct investment net inflows	-$4.9B	$0

Exports, imports and economic structure

Stat	Iraq	Nauru
Exports of goods and services, % of GDP	44%	48.8%
Imports of goods and services, % of GDP	35.9%	101.7%
Current account balance (balance of payments)	$34.4B	$8.4M
Revenue excluding grants, % of GDP	26.3%	96.8%
Grants excluding technical cooperation, BoP	$1.7B	$23.7M
Personal remittances received	$741.7M	$6.5M
Industry including construction value added, % of GDP	56.1%	5.5%
Agriculture, forestry and fishing value added, % of GDP	2%	3.6%
Charges for the use of intellectual property, payments BoP	$7.8M	N/A
Charges for the use of intellectual property, receipts BoP	$100k	N/A
Expense, % of GDP	25.3%	85%
Government Expenditure, % of GDP	36.7%	N/A