Libya vs Nauru: Economic Indicators Comparison

Libya with a GDP of $48.4B ranked the 86th largest economy in the world, while Nauru ranked 195th with $125.6M. By GDP per capita, Libya and Nauru ranked 91st vs 74th, respectively.

Gross Domestic Product & Income

Stat	Libya	Nauru
GDP	$48.4B	$125.6M
GDP growth, 1 year	17.9%	5.7%
GDP growth, 5-years average	1.7%	N/A
Population	6.7M	14k
GDP per capita	$7.2k	$9.9k
GDP per capita growth	6.37%	7.13%
Purchasing Power Parity conversion factor	0.48	0.77
Price level ratio of PPP conversion factor GDP to market exchange rate	0.35	0.6
GDP per capita, PPP adjusted	$11k	$17k
GNI, Atlas method	$42.8B	$153.2M
GNI per capita	$6.4k	$12k
GNI, PPP adjusted	$142.5B	$266.1M
GNI per capita, PPP adjusted	$21k	$21k

Financial system and Human development

Stat	Libya	Nauru
Income Tax Rate	10%	N/A
Corporate Tax Rate	N/A	N/A
Inflation, consumer prices	23.1%	N/A
Inflation, GDP deflator	15.8%	1.5%
Unemployment	17.3%	13.3%
Economic Freedom Index	47	60
Personal Freedom Index	5.17	6.3
Human Freedom Index	4.98	6.2
Property Rights Index	30.1	N/A
Judical Effectiveness Index	20.8	N/A
Business Freedom Index	40.7	N/A
Fiscal Health Index	N/A	N/A
Labor Freedom Index	53.9	N/A
Investment Freedom Index	5	N/A
Financial Freedom Index	N/A	N/A
Trade Freedom Index	N/A	N/A
Monetary Freedom Index	53.6	N/A
Government Spending Index	0	N/A
Tax Burden Index	N/A	N/A
Government Integrity Index	18.9	N/A
Corruption Perceptions Index	17	56
Life expectancy at birth, years	72.5	59.7
Suicide mortality rate, per 100,000 people	5.2	0.2
Mortality caused by road traffic injury, per 100,000 people	26.1	1
Intentional homicides, per 100,000 people	2.5	0
International tourism, number of arrivals	142k	N/A

Government debt & reserves

Stat	Libya	Nauru
Central government debt, % of GDP	4.9%	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	35%	N/A
Gross savings, % of GDP	67.3%	N/A
Gross capital formation, % of GDP	29.8%	N/A
Total reserves including gold	$85.3B	N/A
Foreign direct investment net inflows	$0	$0

Exports, imports and economic structure

Stat	Libya	Nauru
Exports of goods and services, % of GDP	62.2%	48.8%
Imports of goods and services, % of GDP	40.1%	101.7%
Current account balance (balance of payments)	-$4.7B	$8.4M
Revenue excluding grants, % of GDP	N/A	96.8%
Grants excluding technical cooperation, BoP	$268.9M	$23.7M
Personal remittances received	$16M	$6.5M
Industry including construction value added, % of GDP	77.5%	5.5%
Agriculture, forestry and fishing value added, % of GDP	1.8%	3.6%
Charges for the use of intellectual property, payments BoP	N/A	N/A
Charges for the use of intellectual property, receipts BoP	$10M	N/A
Expense, % of GDP	N/A	85%
Government Expenditure, % of GDP	105.8%	N/A