Laos vs Nauru: Economic Indicators Comparison

Laos with a GDP of $18B ranked the 118th largest economy in the world, while Nauru ranked 195th with $125.6M. By GDP per capita, Laos and Nauru ranked 140th vs 74th, respectively.

Gross Domestic Product & Income

Stat	Laos	Nauru
GDP	$18B	$125.6M
GDP growth, 1 year	6.5%	5.7%
GDP growth, 5-years average	7%	N/A
Population	6.9M	14k
GDP per capita	$2.5k	$9.9k
GDP per capita growth	4.62%	7.13%
Purchasing Power Parity conversion factor	2901.2	0.77
Price level ratio of PPP conversion factor GDP to market exchange rate	0.34	0.6
GDP per capita, PPP adjusted	$7.9k	$17k
GNI, Atlas method	$17.3B	$153.2M
GNI per capita	$2.5k	$12k
GNI, PPP adjusted	$50.1B	$266.1M
GNI per capita, PPP adjusted	$7.1k	$21k

Financial system and Human development

Stat	Laos	Nauru
Income Tax Rate	24%	N/A
Corporate Tax Rate	24%	N/A
Inflation, consumer prices	2%	N/A
Inflation, GDP deflator	1.9%	1.5%
Unemployment	0.6%	13.3%
Economic Freedom Index	55.5	60
Personal Freedom Index	5.8	6.3
Human Freedom Index	6.2	6.2
Property Rights Index	42.5	N/A
Judical Effectiveness Index	37.3	N/A
Business Freedom Index	54.3	N/A
Fiscal Health Index	53.3	N/A
Labor Freedom Index	58.6	N/A
Investment Freedom Index	35	N/A
Financial Freedom Index	20	N/A
Trade Freedom Index	82	N/A
Monetary Freedom Index	76.8	N/A
Government Spending Index	86.6	N/A
Tax Burden Index	87	N/A
Government Integrity Index	32	N/A
Corruption Perceptions Index	29	56
Life expectancy at birth, years	67.3	59.7
Suicide mortality rate, per 100,000 people	8.6	0.2
Mortality caused by road traffic injury, per 100,000 people	16.6	1
Intentional homicides, per 100,000 people	7	0
International tourism, number of arrivals	3.8M	N/A

Government debt & reserves

Stat	Laos	Nauru
Central government debt, % of GDP	63%	N/A
External debt stocks, % of GNI	90.2%	N/A
External debt stocks	$15.6B	N/A
Short-term debt, % of total reserves	41.2%	N/A
Total debt service, % of exports and primary income	14.6%	N/A
Adjusted net savings including particulate emission damage, % of GNI	-1.2%	N/A
Gross savings, % of GDP	17.6%	N/A
Gross capital formation, % of GDP	29%	N/A
Total reserves including gold	$980.4M	N/A
Foreign direct investment net inflows	$1.3B	$0

Exports, imports and economic structure

Stat	Laos	Nauru
Exports of goods and services, % of GDP	33.2%	48.8%
Imports of goods and services, % of GDP	41.9%	101.7%
Current account balance (balance of payments)	-$1.4B	$8.4M
Revenue excluding grants, % of GDP	N/A	96.8%
Grants excluding technical cooperation, BoP	$337.3M	$23.7M
Personal remittances received	$238.7M	$6.5M
Industry including construction value added, % of GDP	31.5%	5.5%
Agriculture, forestry and fishing value added, % of GDP	15.7%	3.6%
Charges for the use of intellectual property, payments BoP	N/A	N/A
Charges for the use of intellectual property, receipts BoP	N/A	N/A
Expense, % of GDP	N/A	85%
Government Expenditure, % of GDP	21.1%	N/A