Nauru vs Nigeria: Economic Indicators Comparison

Nigeria with a GDP of $397.3B ranked the 32nd largest economy in the world, while Nauru ranked 195th with $125.6M. By GDP per capita, Nigeria and Nauru ranked 149th vs 74th, respectively.

Gross Domestic Product & Income

StatNauruNigeria
GDP$125.6M$397.3B
GDP growth, 1 year5.7%1.9%
GDP growth, 5-years averageN/A2%
Population14k190.9M
GDP per capita$9.9k$2k
GDP per capita growth7.13%-0.67%
Purchasing Power Parity conversion factor0.77110.03
Price level ratio of PPP conversion factor GDP to market exchange rate0.60.34
GDP per capita, PPP adjusted$17k$6k
GNI, Atlas method$153.2M$384.8B
GNI per capita$12k$2k
GNI, PPP adjusted$266.1M$1.1T
GNI per capita, PPP adjusted$21k$5.7k

Financial system and Human development

StatNauruNigeria
Income Tax RateN/A24%
Corporate Tax RateN/A30%
Inflation, consumer pricesN/A12.1%
Inflation, GDP deflator1.5%10.2%
Unemployment13.3%6%
Economic Freedom Index6057.2
Personal Freedom Index6.36.01
Human Freedom Index6.26.1
Property Rights IndexN/A38.1
Judical Effectiveness IndexN/A32.2
Business Freedom IndexN/A54.7
Fiscal Health IndexN/A64.1
Labor Freedom IndexN/A84
Investment Freedom IndexN/A45
Financial Freedom IndexN/A40
Trade Freedom IndexN/A62.4
Monetary Freedom IndexN/A61.7
Government Spending IndexN/A96.2
Tax Burden IndexN/A85.1
Government Integrity IndexN/A22.3
Corruption Perceptions Index5627
Life expectancy at birth, years59.754
Suicide mortality rate, per 100,000 people0.29.5
Mortality caused by road traffic injury, per 100,000 people121.4
Intentional homicides, per 100,000 people09.9
International tourism, number of arrivalsN/A5.3M

Government debt & reserves

StatNauruNigeria
Central government debt, % of GDPN/A28.4%
External debt stocks, % of GNIN/A12.4%
External debt stocksN/A$47B
Short-term debt, % of total reservesN/A0%
Total debt service, % of exports and primary incomeN/A8.3%
Adjusted net savings including particulate emission damage, % of GNIN/A1.4%
Gross savings, % of GDPN/A19.3%
Gross capital formation, % of GDPN/A19.8%
Total reserves including goldN/A$42.8B
Foreign direct investment net inflows$0$2B

Exports, imports and economic structure

StatNauruNigeria
Exports of goods and services, % of GDP48.8%15.5%
Imports of goods and services, % of GDP101.7%17.5%
Current account balance (balance of payments)$8.4M$5.3B
Revenue excluding grants, % of GDP96.8%N/A
Grants excluding technical cooperation, BoP$23.7M$2B
Personal remittances received$6.5M$24.3B
Industry including construction value added, % of GDP5.5%25.7%
Agriculture, forestry and fishing value added, % of GDP3.6%21.2%
Charges for the use of intellectual property, payments BoPN/A$252.8M
Charges for the use of intellectual property, receipts BoPN/A$7.8M
Expense, % of GDP85%N/A
Government Expenditure, % of GDPN/A11.2%

Compare with countries close by GDP per capita

Nauru vs

CountryGDP
per capita
Population
Chile
$16k
18.1M
Palau
$16k
21.7k
Panama
$16k
4.1M
Poland
$15k
38.4M
Croatia
$15k
4.11M
Romania
$12k
19.6M
Costa Rica
$12k
4.91M
Argentina
$12k
44.9M
Malaysia
$11k
31.6M
Russia
$11k
147M
Mauritius
$11k
1.26M
Grenada
$11k
108k
Saint Lucia
$11k
179k
Maldives
$10k
436k
Equatorial Guinea
$10k
1.27M
Kazakhstan
$9.8k
18.3M
China
$9.8k
1.41B
Mexico
$9.7k
131M
Turkey
$9.4k
82M
Bulgaria
$9.3k
7M
Brazil
$8.9k
210M
Montenegro
$8.8k
622k
Cuba
$8.8k
11.5M
Lebanon
$8.3k
6.1M
Botswana
$8.3k
2.29M
Dominican Republic
$8.1k
10.4M
Gabon
$8k
2.03M
Dominica
$7.7k
73.9k
Saint Vincent
$7.4k
110k
Thailand
$7.3k
65.9M

Nigeria vs

CountryGDP
per capita
Population
Philippines
$3.1k
105M
Ukraine
$3.1k
42.6M
Djibouti
$3.1k
957k
Papua New Guinea
$2.7k
8.25M
Vietnam
$2.6k
94.7M
Egypt
$2.5k
94.8M
Laos
$2.5k
6.86M
Honduras
$2.5k
9.27M
Ghana
$2.2k
26.9M
Congo
$2.1k
5.26M
Zimbabwe
$2.1k
16.5M
Solomon Islands
$2.1k
611k
East Timor
$2k
1.3M
Syria
$2k
18.3M
Nicaragua
$2k
6.22M
India
$2k
1.33B
Sao Tome and Principe
$2k
204k
Ivory Coast
$1.7k
24.3M
Kenya
$1.7k
48.5M
North Korea
$1.7k
25.5M
Bangladesh
$1.7k
165M
Kiribati
$1.6k
116k
Zambia
$1.5k
17.1M
Cameroon
$1.5k
24.1M
Uzbekistan
$1.5k
32.4M
Senegal
$1.5k
15.9M
Cambodia
$1.5k
16M
Pakistan
$1.5k
197M
Comoros
$1.4k
824k
Myanmar
$1.3k
53.4M