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Economy of Nauru vs Slovakia compared: GDP & Debt

Updated on by Georank

Nauru has a GDP of $176M compared to $155B for Slovakia, ranking 195/197 and 60/197 by economy size, respectively.

Nauru has $25.8M in government debt (14.6% of GDP), compared to $95.3B (61.6% of GDP) in Slovakia.

Nauru vs Slovakia GDP by year

Nauru
Slovakia
1x
Year GDP, current $
Nauru Slovakia
2025 $176,040,044 $154,530,066,507
2024 $167,833,415 $140,934,076,532
2023 $161,531,317 $133,578,518,424
2022 $180,671,357 $115,792,972,358
2021 $149,268,324 $120,511,265,913
2020 $124,685,688 $107,732,602,896
2019 $125,160,116 $105,843,498,304
2018 $130,995,566 $106,611,673,365
2017 $109,355,639 $95,978,130,735
2016 $97,541,943 $90,347,173,229
2015 $84,863,441 $89,178,548,717
2014 $99,149,244 $101,713,075,599
2013 $94,385,015 $99,134,277,850
2012 $101,055,723 $94,724,394,278
2011 $65,071,880 $99,705,104,723
2010 $47,562,845 $91,112,160,801
2009 $44,176,246 $89,342,984,698
2008 $37,602,265 $96,685,492,864
2007 $22,766,972 $77,019,443,089
2006 $29,200,359 $57,111,148,619
2005 $30,070,666 $48,823,790,951
2004 $30,587,566 $42,960,730,480
2003 $24,778,160 $33,761,723,946
2002 $21,017,424 $24,768,142,566
2001 $22,613,288 $21,377,597,035
2000 $26,930,980 $20,626,538,612
1999 $27,328,613 $20,813,421,086
1998 $29,664,451 $22,911,708,405
1997 $37,331,507 $22,026,728,498
1996 $37,458,801 $21,864,845,214
1995 $39,969,706 $20,306,095,054
1994 $39,742,511 $16,187,735,322
1993 $43,542,088 $13,991,963,247
1992 $51,133,123 $12,932,972,789
1991 $52,533,789 $11,952,983,608
1990 $55,572,376 $17,068,924,602
1989 $53,736,786 -
1988 $45,931,134 -
1987 $40,118,410 -
1986 $39,939,391 -
1985 $41,548,741 -
1984 $47,363,231 -
1983 $48,439,093 -
1982 $52,877,742 -
1981 $51,689,637 -
1980 $46,947,124 -
1979 $44,431,330 -
1978 $41,754,147 -
1977 $40,444,702 -
1976 $40,287,427 -
1975 $40,106,776 -
1974 $35,994,511 -
1973 $26,529,817 -
1972 $21,734,269 -
1971 $19,009,433 -
1970 $17,570,366 -

Data sources: World Bank | Economy & Growth (1970–2025, retrieved 2026-07-08).

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

GDP per capita in Nauru vs Slovakia by year

Nauru
GDP per capita

GDP per capita, PPP
Slovakia
GDP per capita

GDP per capita, PPP
1x
Year Current $
Nauru Slovakia
GDP per capita GDP per capita, PPP GDP per capita GDP per capita, PPP
2025 $14,640 - $28,544 -
2024 $14,048 $14,173 $25,993 $48,132
2023 $13,603 $13,732 $24,615 $45,974
2022 $15,310 $13,245 $21,318 $41,562
2021 $12,748 $12,112 $22,123 $38,346
2020 $10,709 $10,811 $19,735 $35,328
2019 $10,802 $10,555 $19,406 $33,986
2018 $11,414 $9,657 $19,573 $31,510
2017 $9,657 $9,650 $17,646 $30,246
2016 $8,748 $10,281 $16,636 $29,868
2015 $7,747 $9,955 $16,442 $30,148
2014 $9,230 $9,726 $18,771 $29,108
2013 $8,975 $8,429 $18,313 $28,075
2012 $9,843 $8,153 $17,517 $27,023
2011 $6,444 $6,544 $18,469 $26,202
2010 $4,736 $5,620 $16,899 $25,382
2009 $4,411 $5,568 $16,587 $23,077
2008 $3,757 $5,863 $17,974 $23,714
2007 $2,272 $4,789 $14,330 $21,232
2006 $2,910 $5,975 $10,629 $18,906
2005 $2,992 $5,336 $9,087 $16,570
2004 $3,041 $5,169 $7,997 $15,166
2003 $2,463 $5,261 $6,283 $14,088
2002 $2,085 $5,132 $4,606 $13,292
2001 $2,232 $5,587 $3,974 $12,367
2000 $2,649 $5,838 $3,828 $11,370
1999 $2,683 $6,118 $3,857 $10,726
1998 $2,909 $6,450 $4,250 $10,666
1997 $3,661 $7,231 $4,092 $10,137
1996 $3,679 $7,818 $4,069 $9,500
1995 $3,932 $8,726 $3,787 $8,812
1994 $3,921 $9,308 $3,028 $8,178
1993 $4,310 $9,513 $2,627 $7,569
1992 $5,103 $11,167 $2,438 $7,270
1991 $5,333 $13,265 $2,254 $7,623
1990 $5,776 $16,215 $3,221 $8,638
1989 $5,723 - - -
1988 $5,012 - - -
1987 $4,485 - - -
1986 $4,569 - - -
1985 $4,859 - - -
1984 $5,654 - - -
1983 $5,896 - - -
1982 $6,577 - - -
1981 $6,594 - - -
1980 $6,138 - - -
1979 $5,950 - - -
1978 $5,721 - - -
1977 $5,646 - - -
1976 $5,703 - - -
1975 $5,740 - - -
1974 $5,199 - - -
1973 $3,864 - - -
1972 $3,191 - - -
1971 $2,811 - - -
1970 $2,619 - - -

Data sources: World Bank | Economy & Growth (1970–2025, retrieved 2026-07-08).

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

Nauru's GDP per capita is $14,640, ranking 74/197, compared to $28,544 in Slovakia, ranking 46/197. Adjusted for purchasing power (GDP per capita PPP), Nauru ranks 119th at $14,173, while Slovakia ranks 49th at $48,132.

Economic indicators

Nauru Slovakia
Gross domestic product
$176M
2025
$155B
2025
GDP rank
195/197
2025
60/197
2025
GDP growth
2.14%
2024-2025
0.81%
2024-2025
GDP per capita
$14,640
2025
$28,544
2025
GDP per capita rank
74/197
2025
46/197
2025
GDP per capita, PPP
$14,173
2024
$48,132
2024
GDP per capita PPP rank
119/197
2024
49/197
2024
Government debt
$25.8M
2025
$95.3B
2025
Debt-to-GDP ratio
14.6%
2025
61.6%
2025
Government debt per person
$2,145
2025
$17,597
2025
Government debt per person rank
118/185
2025
36/185
2025
Average annual personal income after taxes
$9,187
2026
$17,518
2026
Market capitalization of domestic companies n/a
$5.38B
2014
Number of billionaires n/a
2
2026
Income share by richest 10%
25.3%
2012
18.8%
2023
Income share by poorest 10%
3.4%
2012
3.3%
2023
Government expenditure, % of GDP
128.7%
2025
48.7%
2025
Consumer prices inflation
6.1%
2024-2025
4%
2024-2025
Unemployment rate
5.06%
2021
5.4%
2025
Population
12139
5376239

Spending and national debt comparison by year

Nauru
Spending

Debt
Slovakia
Spending

Debt
1x
Year % of GDP
Nauru Slovakia
Government spending Government debt Government spending Government debt
2025 128.7% 14.6% 48.7% 61.6%
2024 118.4% 16.9% 47.5% 59.7%
2023 111% 19.2% 48.2% 55.8%
2022 113.8% 18.9% 43.1% 57.8%
2021 109.5% 24.2% 44.8% 60.2%
2020 109.4% 56.3% 44.5% 58.4%
2019 106% 59.6% 40.6% 48%
2018 90.8% 71.1% 39.7% 49.3%
2017 102.3% 78% 39.8% 51.4%
2016 96% 86.3% 40.9% 52.1%
2015 85.4% 113% 44.1% 51.6%
2014 61.3% 147.7% 42% 53.4%
2013 66% 166.9% 41.1% 54.6%
2012 46% 157.3% 40% 51.7%
2011 44.7% 236.8% 40.8% 43.3%
2010 73.8% 298.9% 41% 40.7%
2009 68% 295.6% 43.2% 36.4%
2008 - - 36.5% 28.6%
2007 - - 35.9% 30.4%
2006 - - 38.2% 31.5%
2005 - - 39.1% 35%
2004 - - 38.4% 42%
2003 - - 40% 43.6%
2002 - - 46% 45.6%
2001 - - 46.2% 51.4%
2000 - - 53.2% 50.6%
1999 - - 48.4% 47.1%
1998 - - 46.2% 33.9%
1997 - - 48.6% 32.8%
1996 - - 52.8% 30.3%
1995 - - 47.8% 21.3%

Data sources: International Monetary Fund (IMF) | Fiscal Monitor (1995–2025, retrieved 2026-07-08).

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

In 2025, Nauru's government spending was $227M, accounting for 128.7% of its GDP, while Slovakia spent $75.3B, or 48.7% of GDP.

Debt-to-GDP ratio is 14.6% in Nauru and 61.6% in Slovakia, ranking 176/185 and 74/185, respectively.

Government deficit by year

Deficit/surplus
Nauru

Slovakia
1x
Year Deficit/surplus, % of GDP
Nauru Slovakia
2025 3.51% -5.02%
2024 28.9% -5.5%
2023 18.2% -5.3%
2022 20.5% -1.56%
2021 52.4% -5.09%
2020 42.8% -5.3%
2019 31% -1.21%
2018 29.6% -1.01%
2017 16.2% -0.98%
2016 18.9% -2.59%
2015 10.7% -2.78%
2014 29.6% -3.25%
2013 1.71% -2.86%
2012 8.12% -4.37%
2011 2.73% -4.36%
2010 0.09% -7.44%
2009 0.37% -8.18%
2008 - -2.54%
2007 - -2.26%
2006 - -3.57%
2005 - -2.86%
2004 - -2.36%
2003 - -2.28%
2002 - -8.35%
2001 - -7.74%
2000 - -12.7%
1999 - -7.25%
1998 - -5.37%
1997 - -6.24%
1996 - -9.72%
1995 - -3.43%

Data sources: International Monetary Fund (IMF) | Fiscal Monitor (1995–2025, retrieved 2026-07-08).

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

In 2025, Nauru's government surplus, the difference between spending and revenue, was $6.19M, equivalent to 3.51% of GDP. This compares to Slovakia's deficit of $7.75B, or 5.02% of GDP.

Over the past 17 years, Nauru recorded a fiscal deficit in 0 of those years, while Slovakia ran a deficit in 17 years. On average, Nauru posted an annual surplus equal to 18.5% of GDP, compared to deficit of 3.93% of GDP for Slovakia.

Inflation comparison by year

Inflation
Nauru

Slovakia
1x
Year Consumer prices inflation
Nauru Slovakia
2025 6.1% 4%
2024 9.3% 2.76%
2023 4.8% 10.5%
2022 1.1% 12.8%
2021 2% 3.15%
2020 0.9% 1.94%
2019 4.1% 2.66%
2018 1.1% 2.51%
2017 4.5% 1.31%
2016 8.1% -0.52%
2015 9.8% -0.33%
2014 0.3% -0.08%
2013 -1.1% 1.4%
2012 0.3% 3.61%
2011 -3.4% 3.92%
2010 -2% 0.96%
2009 22.4% 1.62%
2008 1% 4.6%
2007 5.6% 2.76%
2006 19.3% 4.48%
2005 8.7% 2.71%
2004 - 7.55%
2003 - 8.55%
2002 - 3.13%
2001 - 7.33%
2000 - 12%
1999 - 10.6%
1998 - 6.67%
1997 - 6.14%

Data sources: World Bank | Economy & Growth (1997–2025, retrieved 2026-07-08); International Monetary Fund (IMF) | World Economic Outlook (2005–2025, retrieved 2026-07-08).

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

Over the past 21 years, Nauru has recorded an average annual inflation rate of 4.9%, compared with 3.18% in Slovakia. In 2025, inflation was 6.1% in Nauru and 4% in Slovakia.

Top exports between countries

Nauru
Export category Export value
Slovakia
Export category Export value
Machinery & equipment $3K

Balance of trade

Nauru Slovakia
Current account balance
$9.73M
2024
-$5.6B
2025
Current account balance ranking
69/190
2024
165/190
2025
Current account balance, % of GDP
+5.8%
2024
-3.63%
2025
Goods imports
$92.7M
2024
$117B
2025
Goods exports
$25.5M
2024
$117B
2025
Service imports
$88.2M
2024
$14.3B
2025
Service exports
$64.6M
2024
$14.7B
2025
Imports of goods and services, % of GDP
103.7%
2025
85.2%
2025
Exports of goods and services, % of GDP
61.8%
2025
85.1%
2025

Economic freedom indices

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

Nauru Slovakia
Economic freedom 60 67.7
Economic freedom ranking 97/197 54/197
Property rights n/a 82.6
Government integrity n/a 57.2
Judicial effectiveness n/a 70.5
Tax burden n/a 75.4
Government spending n/a 36.4
Fiscal health n/a 69.6
Business freedom n/a 71.1
Labor freedom n/a 55.1
Monetary freedom n/a 69.7
Trade freedom n/a 79.4
Investment freedom n/a 75
Financial freedom n/a 70

Other economic metrics

Nauru Slovakia
Services, % of GDP n/a
59.8%
2025
Industry, % of GDP n/a
28.1%
2025
Agriculture, forestry, and fishing, % of GDP n/a
1.59%
2025
GNI, Atlas method
$249M
2025
$143B
2025
GNI per capita, PPP
$20,200
2025
$47,920
2025
Total reserves including gold n/a
$18.2B
2025
Total reserves ranking n/a
69/177
2025
Net foreign direct investment
$4.51M
2024
-$198M
2025
Net inflows of foreign direct investment
-$5.85M
2024
$5.01B
2024
Net outflows of foreign direct investment
-$1.34M
2024
$2.24B
2024
Poverty at national poverty lines n/a
13.7%
2021
Gross capital formation, % of GDP n/a
20.1%
2025

GDP per capita map

1x

Data sources: World Bank | Economy & Growth (1985–2025, retrieved 2026-07-08); U.S. Census Bureau (1985–2025, retrieved 2026-07-08).

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

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Data sources:

  1. World Bank | Economy & Growth (1970–2025, retrieved 2026-07-08)
  2. International Monetary Fund (IMF) | Fiscal Monitor (1995–2025, retrieved 2026-07-08)
  3. U.S. Census Bureau (1985–2025, retrieved 2026-07-08)
  4. The Heritage Foundation | Economic Freedom Index (2026, retrieved 2026-07-08)
  5. United Nations | World Population Prospects (2026, retrieved 2026-07-08)
  6. LivingCost (2026, retrieved 2026-07-08)
  7. TradeMap (2025, retrieved 2026-07-08)

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.

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.