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Economy of Nauru vs Peru compared: GDP & Debt

Updated on by Georank team

Nauru has a GDP of $163M compared to $289B for Peru, ranking 195/197 and 49/197 by economy size, respectively.

Nauru has $28.3M in government debt (17.4% of GDP), compared to $93B (32.2% of GDP) in Peru.

Nauru vs Peru GDP by year

Nauru
Peru
1x
Year GDP, current $
Nauru Peru
2024 $162,588,621 $289,221,969,063
2023 $151,435,610 $266,958,720,838
2022 $152,373,434 $246,065,570,308
2021 $175,390,281 $226,328,766,460
2020 $124,685,688 $201,409,694,756
2019 $125,160,116 $228,346,006,004
2018 $130,995,566 $222,597,009,739
2017 $109,355,639 $211,007,984,081
2016 $97,541,943 $191,898,104,390
2015 $84,863,441 $189,802,976,286
2014 $99,149,244 $200,786,250,583
2013 $94,385,015 $201,175,543,571
2012 $101,055,723 $192,650,021,649
2011 $65,071,880 $171,761,737,047
2010 $47,562,845 $147,527,631,521
2009 $44,176,246 $120,822,986,521
2008 $37,602,265 $120,550,599,815
2007 $22,766,972 $102,170,981,144
2006 $29,200,359 $88,643,193,062
2005 $30,070,666 $76,060,606,061
2004 $30,587,566 $66,768,703,498
2003 $24,778,160 $58,731,030,122
2002 $21,017,424 $54,777,553,515
2001 $22,613,288 $52,030,158,775
2000 $26,930,980 $51,744,749,133
1999 $27,328,613 $50,187,324,568
1998 $29,664,451 $55,501,467,877
1997 $37,331,507 $58,147,522,523
1996 $37,458,801 $55,252,414,130
1995 $39,969,706 $53,312,793,687
1994 $39,742,511 $44,882,079,767
1993 $43,542,088 $34,832,077,221
1992 $51,133,123 $35,966,302,303
1991 $52,533,789 $34,341,465,998
1990 $55,572,376 $26,410,386,963
1989 $53,736,786 $22,499,558,526
1988 $45,931,134 $15,439,408,447
1987 $40,118,410 $36,889,706,593
1986 $39,939,391 $21,859,448,586
1985 $41,548,741 $15,078,736,875
1984 $47,363,231 $17,600,400,385
1983 $48,439,093 $17,345,260,564
1982 $52,877,742 $21,794,535,621
1981 $51,689,637 $21,648,214,893
1980 $46,947,124 $18,136,838,538
1979 $44,431,330 $15,954,012,439
1978 $41,754,147 $12,491,876,743
1977 $40,444,702 $14,544,913,961
1976 $40,287,427 $16,131,958,851
1975 $40,106,776 $16,931,162,355
1974 $35,994,511 $13,858,441,211
1973 $26,529,817 $10,994,381,895
1972 $21,734,269 $9,189,413,409
1971 $19,009,433 $8,289,582,884
1970 $17,570,366 $7,432,223,177
1969 - $6,420,909,790
1968 - $5,736,083,835
1967 - $6,194,340,080
1966 - $6,109,048,737
1965 - $5,163,008,077
1964 - $4,353,664,867
1963 - $3,598,272,493
1962 - $3,284,322,201
1961 - $2,897,852,693
1960 - $2,571,986,572

Data sources: World Bank | Economy & Growth (1960–2024, retrieved 2026-04-06).

GeoRank.org/economy/nauru/peru | CC BY

GDP per capita in Nauru vs Peru by year

Nauru
GDP per capita

GDP per capita, PPP
Peru
GDP per capita

GDP per capita, PPP
1x
Year Current $
Nauru Peru
GDP per capita GDP per capita, PPP GDP per capita GDP per capita, PPP
2024 $13,609 $14,173 $8,452 $17,802
2023 $12,752 $13,732 $7,888 $17,011
2022 $12,912 $13,245 $7,351 $16,669
2021 $14,979 $12,112 $6,826 $15,281
2020 $10,709 $10,811 $6,133 $12,563
2019 $10,802 $10,555 $7,037 $13,564
2018 $11,414 $9,657 $6,978 $13,078
2017 $9,657 $9,650 $6,736 $12,592
2016 $8,748 $10,281 $6,217 $12,067
2015 $7,747 $9,955 $6,232 $11,600
2014 $9,230 $9,726 $6,667 $11,518
2013 $8,975 $8,429 $6,747 $11,291
2012 $9,843 $8,153 $6,519 $10,757
2011 $6,444 $6,544 $5,861 $10,463
2010 $4,736 $5,620 $5,072 $9,713
2009 $4,411 $5,568 $4,181 $8,917
2008 $3,757 $5,863 $4,198 $8,820
2007 $2,272 $4,789 $3,581 $7,982
2006 $2,910 $5,975 $3,130 $7,214
2005 $2,992 $5,336 $2,707 $6,560
2004 $3,041 $5,169 $2,397 $6,038
2003 $2,463 $5,261 $2,129 $5,657
2002 $2,085 $5,132 $2,007 $5,383
2001 $2,232 $5,587 $1,930 $5,086
2000 $2,649 $5,838 $1,945 $5,012
1999 $2,683 $6,118 $1,917 $4,847
1998 $2,909 $6,450 $2,156 $4,791
1997 $3,661 $7,231 $2,301 $4,844
1996 $3,679 $7,818 $2,227 $4,556
1995 $3,932 $8,726 $2,190 $4,435
1994 $3,921 $9,308 $1,879 $4,123
1993 $4,310 $9,513 $1,488 $3,666
1992 $5,103 $11,167 $1,567 $3,472
1991 $5,333 $13,265 $1,527 $3,484
1990 $5,776 $16,215 $1,200 $3,367
1989 $5,723 - $1,045 -
1988 $5,012 - $733 -
1987 $4,485 - $1,792 -
1986 $4,569 - $1,087 -
1985 $4,859 - $767 -
1984 $5,654 - $918 -
1983 $5,896 - $927 -
1982 $6,577 - $1,194 -
1981 $6,594 - $1,216 -
1980 $6,138 - $1,045 -
1979 $5,950 - $942 -
1978 $5,721 - $756 -
1977 $5,646 - $903 -
1976 $5,703 - $1,026 -
1975 $5,740 - $1,104 -
1974 $5,199 - $927 -
1973 $3,864 - $754 -
1972 $3,191 - $647 -
1971 $2,811 - $599 -
1970 $2,619 - $550 -
1969 - - $488 -
1968 - - $448 -
1967 - - $498 -
1966 - - $505 -
1965 - - $439 -
1964 - - $381 -
1963 - - $324 -
1962 - - $305 -
1961 - - $276.6 -
1960 - - $252.8 -

Data sources: World Bank | Economy & Growth (1960–2024, retrieved 2026-04-06).

GeoRank.org/economy/nauru/peru | CC BY

Nauru's GDP per capita is $13,609, ranking 74/197, compared to $8,452 in Peru, ranking 91/197. Adjusted for purchasing power (GDP per capita PPP), Nauru ranks 119th at $14,173, while Peru ranks 104th at $17,802.

Economic indicators

Nauru Peru
Gross domestic product
$163M
2024
$289B
2024
GDP rank
195/197
2024
49/197
2024
GDP growth
1.39%
2023-2024
3.3%
2023-2024
GDP per capita
$13,609
2024
$8,452
2024
GDP per capita rank
74/197
2024
91/197
2024
GDP per capita, PPP
$14,173
2024
$17,802
2024
GDP per capita PPP rank
119/197
2024
104/197
2024
Government debt
$28.3M
2024
$93B
2024
Debt-to-GDP ratio
17.4%
2024
32.2%
2024
Government debt per person
$2,367
2024
$2,717
2024
Government debt per person rank
113/185
2024
108/185
2024
Average annual personal income after taxes
$8,783
2026
$7,290
2026
Market capitalization of domestic companies n/a
$82.2B
2024
Income share by richest 10%
25.3%
2012
30.3%
2024
Income share by poorest 10%
3.4%
2012
2%
2024
Government expenditure, % of GDP
122.1%
2024
22.3%
2024
Consumer prices inflation
9.3%
2023-2024
2.01%
2023-2024
Central bank interest rate n/a
4.25%
2025
Unemployment rate
5.06%
2021
4.86%
2024
Population
12125
35031596

Spending and national debt comparison by year

Nauru
Spending

Debt
Peru
Spending

Debt
1x
Year % of GDP
Nauru Peru
Government spending Government debt Government spending Government debt
2024 122.1% 17.4% 22.3% 32.2%
2023 118.1% 20.5% 22.1% 32.4%
2022 134.8% 22.4% 23.1% 33.5%
2021 93% 20.5% 23.1% 35.5%
2020 109.4% 56.3% 25.6% 34.3%
2019 106% 59.6% 20.8% 26.5%
2018 90.8% 71.1% 21% 25.7%
2017 102.3% 78% 20.6% 24.8%
2016 96% 86.3% 20.5% 23.9%
2015 85.4% 113% 22% 23.7%
2014 61.3% 147.7% 22.4% 20.5%
2013 66% 166.9% 21.5% 19.9%
2012 46% 157.3% 20.3% 20.7%
2011 44.7% 236.8% 19.8% 23.1%
2010 73.8% 298.9% 21% 25.1%
2009 68% 295.6% 21.3% 28.2%
2008 - - 19.9% 28.1%
2007 - - 18.6% 31.9%
2006 - - 19.2% 34.9%
2005 - - 20.4% 40.4%
2004 - - 19.6% 46.7%
2003 - - 20.1% 49.4%
2002 - - 19.6% 45.5%
2001 - - 20.9% 43.8%
2000 - - 21.7% 44.9%
1999 - - 17.8% 41.1%
1998 - - 16.3% 36.8%
1997 - - 15.6% 34.5%
1996 - - 16.5% 37.4%
1995 - - 17.5% 36.8%
1994 - - 16.9% 41.9%
1993 - - 18.2% 49.9%
1992 - - 19.1% 46.8%
1991 - - 15.7% 48.3%
1990 - - 20.4% 56.3%
1989 - - 12.1% 34.9%
1988 - - 12.8% 42.8%
1987 - - 15.5% 39.1%
1986 - - 16.6% 48.6%
1985 - - 17.2% 63.4%
1984 - - 18.3% 56.7%
1983 - - 19.4% 56.2%
1982 - - 17.6% 34.2%
1981 - - 18.4% 30.6%
1980 - - 19.3% 36.3%
1979 - - 16.4% 45.9%
1978 - - 19% 56%
1977 - - 19.4% 44.8%
1976 - - 21.1% 34.5%
1975 - - 19.8% 27%
1974 - - 17.7% 24%
1973 - - 19.5% 22.6%
1972 - - 15.3% 20.6%
1971 - - 15% 19%
1970 - - 14.3% 20%
1969 - - 16.4% -
1968 - - 18.4% 15.2%
1967 - - 19.1% 12.1%
1966 - - 18.6% 17%
1965 - - 18.7% 14.5%
1964 - - 16.9% 14.1%
1963 - - 16.2% -
1962 - - 14.6% -
1961 - - 14.8% 16%
1960 - - 13.3% -

Data sources: International Monetary Fund (IMF) | Fiscal Monitor (2000–2024, retrieved 2026-02-20); International Monetary Fund (IMF) | Public Finances in Modern History (1960–1999, retrieved 2026-02-20).

GeoRank.org/economy/nauru/peru | CC BY

In 2024, Nauru's government spending was $199M, accounting for 122.1% of its GDP, while Peru spent $64.4B, or 22.3% of GDP.

Debt-to-GDP ratio is 17.4% in Nauru and 32.2% in Peru, ranking 176/185 and 154/185, respectively.

Government deficit by year

Deficit/surplus
Nauru

Peru
1x
Year Deficit/surplus, % of GDP
Nauru Peru
2024 29.8% -3.54%
2023 19.4% -2.78%
2022 24.3% -1.38%
2021 44.5% -2.49%
2020 42.8% -8.16%
2019 31% -1.37%
2018 29.6% -1.94%
2017 16.2% -2.79%
2016 18.9% -2.12%
2015 10.7% -2.02%
2014 29.6% -0.19%
2013 1.71% 0.75%
2012 8.12% 2.07%
2011 2.73% 2.05%
2010 0.09% -0.02%
2009 0.37% -1.48%
2008 - 2.48%
2007 - 3.35%
2006 - 2.03%
2005 - -0.44%
2004 - -1.03%
2003 - -1.62%
2002 - -1.4%
2001 - -2.15%
2000 - -2.12%
1999 - -2.93%
1998 - -0.2%
1997 - 0.47%
1996 - -0.25%
1995 - -2.05%
1994 - -1.9%
1993 - -2.82%
1992 - -3.55%
1991 - -1.98%
1990 - -7.99%
1989 - -1.3%
1988 - -3.57%
1987 - -6.26%
1986 - -4.08%
1985 - -2.41%
1984 - -4.45%
1983 - -7.52%
1982 - -3.22%
1981 - -3.98%
1980 - -2.36%
1979 - -0.54%
1978 - -5.07%
1977 - -6.52%
1976 - -8.37%
1975 - -6.54%
1974 - -4.47%
1973 - -6.68%
1972 - -2.04%
1971 - -1.89%
1970 - -0.42%
1969 - -1.1%
1968 - -3.28%
1967 - -3.76%
1966 - -5.41%
1965 - -4.79%
1964 - -3.37%
1963 - -1.86%
1962 - 2.16%
1961 - 2.46%
1960 - 3.32%
1959 - -1.46%
1958 - -2.63%
1957 - -2.23%
1956 - -0.93%
1955 - 0.06%
1954 - -0.66%
1953 - -2.35%
1952 - 0.04%
1951 - 0.61%
1950 - 0.08%
1949 - 0.26%
1948 - -0.84%
1947 - -0.54%
1946 - -1.39%
1945 - 0%
1944 - 0%
1943 - 0.18%
1942 - -2.38%
1941 - -1.76%
1940 - 0.27%
1939 - -1.01%
1938 - -1.57%
1937 - 0.18%
1936 - 0.18%
1935 - 0.09%
1934 - 0.11%
1933 - 0.02%
1932 - -0.57%
1931 - -0.28%
1930 - -0.67%
1929 - 0.008%
1928 - -1.88%
1927 - 0%
1926 - -1.84%
1925 - -1.69%
1924 - -1.31%
1923 - -0.85%
1922 - -1.24%
1921 - -1.53%
1920 - -0.4%
1919 - -0.26%
1918 - -0.34%
1917 - -0.25%
1916 - 0.27%
1915 - -0.74%
1914 - -1.59%
1913 - -3.04%
1912 - -0.45%
1911 - 0.32%
1910 - 0.16%
1909 - -0.33%
1908 - -0.18%
1907 - 0.18%
1906 - 0.38%
1905 - 0.2%
1904 - 0.22%
1903 - 0.24%
1902 - 0.26%
1901 - 0.26%
1900 - 0%

Data sources: International Monetary Fund (IMF) | Public Finances in Modern History (1900–1999, retrieved 2026-02-20); International Monetary Fund (IMF) | Fiscal Monitor (2000–2024, retrieved 2026-02-20).

GeoRank.org/economy/nauru/peru | CC BY

In 2024, Nauru's government surplus, the difference between spending and revenue, was $48.4M, equivalent to 29.8% of GDP. This compares to Peru's deficit of $10.2B, or 3.54% of GDP.

Over the past 16 years, Nauru recorded a fiscal deficit in 0 of those years, while Peru ran a deficit in 13 years. On average, Nauru posted an annual surplus equal to 19.4% of GDP, compared to deficit of 1.59% of GDP for Peru.

Inflation comparison by year

Inflation
Nauru

Peru
1x
Year Consumer prices inflation
Nauru Peru
2024 9.3% 2.01%
2023 4.8% 6.46%
2022 1.1% 8.33%
2021 2% 4.27%
2020 0.9% 2%
2019 4.1% 2.25%
2018 1.1% 1.51%
2017 4.5% 2.99%
2016 8.1% 3.56%
2015 9.8% 3.4%
2014 0.3% 3.41%
2013 -1.1% 2.77%
2012 0.3% 3.61%
2011 -3.4% 3.37%
2010 -2% 1.53%
2009 22.4% 2.94%
2008 1% 5.79%
2007 5.6% 1.78%
2006 19.3% 2%
2005 8.7% 1.62%
2004 - 3.66%
2003 - 2.26%
2002 - 0.19%
2001 - 1.98%
2000 - 3.76%
1999 - 3.47%
1998 - 7.25%
1997 - 8.56%

Data sources: World Bank | Economy & Growth (1997–2024, retrieved 2026-04-06); International Monetary Fund (IMF) | World Economic Outlook (2005–2024, retrieved 2026-02-20).

GeoRank.org/economy/nauru/peru | CC BY

Over the past 20 years, Nauru has recorded an average annual inflation rate of 4.84%, compared with 3.28% in Peru. In 2024, inflation was 9.3% in Nauru and 2.01% in Peru.

Top exports between countries

Nauru
Export category Export value
Chemicals & pharma $1K
Peru
Export category Export value

Balance of trade

Nauru Peru
Current account balance
$9.73M
2024
$6.39B
2024
Current account balance ranking
75/190
2024
29/190
2024
Current account balance, % of GDP
+5.98%
2024
+2.21%
2024
Goods imports
$92.7M
2024
$52.1B
2024
Goods exports
$25.5M
2024
$76.2B
2024
Service imports
$88.2M
2024
$15.1B
2024
Service exports
$64.6M
2024
$7.15B
2024
Imports of goods and services, % of GDP
110.5%
2024
22.9%
2024
Exports of goods and services, % of GDP
55.3%
2024
28.5%
2024

Economic freedom indices

The indices of economic freedom below are issued by the Heritage Foundation. Higher scores indicate stronger economic health.

Nauru Peru
Economic freedom 60 66.3
Economic freedom ranking 97/197 62/197
Property rights n/a 44
Government integrity n/a 35
Judicial effectiveness n/a 47.8
Tax burden n/a 79.4
Government spending n/a 84.8
Fiscal health n/a 87.4
Business freedom n/a 73.1
Labor freedom n/a 64.7
Monetary freedom n/a 77.6
Trade freedom n/a 81.6
Investment freedom n/a 60
Financial freedom n/a 60

Other economic metrics

Nauru Peru
Services, % of GDP n/a
51.3%
2024
Industry, % of GDP n/a
34%
2024
Agriculture, forestry, and fishing, % of GDP n/a
7.34%
2024
GNI, Atlas method
$244M
2024
$257B
2024
GNI per capita, PPP
$21,970
2024
$16,780
2024
Total reserves including gold n/a
$79.2B
2024
Total reserves ranking n/a
33/177
2024
Net foreign direct investment
$4.51M
2024
-$5.63B
2024
Net inflows of foreign direct investment
-$5.85M
2024
$6.8B
2024
Net outflows of foreign direct investment
-$1.34M
2024
$1.17B
2024
Servicing debt to the IMF, % of GNI n/a
5.58%
2024
Poverty at national poverty lines n/a
27.6%
2024
Gross capital formation, % of GDP n/a
19.4%
2024

GDP per capita map

1x

Data sources: World Bank | Economy & Growth (1985–2024, retrieved 2026-04-06); U.S. Census Bureau (1985–2024, retrieved 2026-02-08).

GeoRank.org/economy/nauru/peru | CC BY

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Data sources:

  1. World Bank | Economy & Growth (1960–2024, retrieved 2026-04-06)
  2. International Monetary Fund (IMF) | Public Finances in Modern History (1900–1999, retrieved 2026-02-20)
  3. International Monetary Fund (IMF) | Fiscal Monitor (2000–2024, retrieved 2026-02-20)
  4. U.S. Census Bureau (1985–2024, retrieved 2026-02-08)
  5. The Heritage Foundation | Economic Freedom Index (2026, retrieved 2026-03-09)
  6. United Nations | World Population Prospects (2026, retrieved 2026-03-10)
  7. LivingCost (2026, retrieved 2025-10-14)
  8. TradeMap (2024, retrieved 2026-02-08)

Creative Commons Attribution (CC BY) — you’re free to copy, share, remix, adapt, and use even commercially as long as you give appropriate credit and clearly indicate if you made changes. Other sources may be subject to different license terms.

The current account balance is the sum of net trade in goods and services, net earnings from cross-border investments, and net transfer payments. It reflects a country's economic transactions with the rest of the world and is a fundamental component of the balance of payments. A surplus indicates that a country exports more than it imports, while a deficit shows the opposite.

Gross National Income (GNI) measures a country's total income. It encompasses income earned by residents, businesses, and foreign sources, defined as employee compensation and investment profits. GNI adds product taxes not included elsewhere and subtracts subsidies. It accounts for income from residents working abroad but excludes earnings from foreigners within the country.

A negative value for Net Foreign Direct Investment indicates a country is a net receiver of investments, as foreign inflows exceed outflows after Balance of Payments adjustments. A positive value indicates a net provider, with outflows exceeding inflows. Inflows are credits (increasing foreign claims on domestic assets), while outflows are debits (increasing domestic assets abroad).

Foreign direct investment (FDI, net inflows) shows how much capital foreign investors bring into a country after accounting for any funds that flow back in the opposite direction. It represents the net value of overseas companies establishing, expanding, or financing businesses in the reporting country. A positive number means more capital entered the country than was withdrawn, while a negative number means foreign investors pulled out more than they invested.

Foreign direct investment (FDI, net outflows) shows how much capital residents of a country invest abroad after accounting for any funds that flow back in the opposite direction. It represents the net value of domestic companies establishing, expanding, or financing businesses in other countries. A positive number means more capital was invested abroad than withdrawn, while a negative number means residents pulled back more than they invested.

Principal and interest payments to the IMF in currency, goods, or services on long-term debt expressed as a share of GNI.

Formerly gross domestic investment, gross capital formation measures the share of a country’s economic output invested in fixed assets, including buildings, machinery, and infrastructure. It indicates how much of the economy is devoted to building productive capacity.