Nauru vs Taiwan: Economic Indicators Comparison

Taiwan with a GDP of $585.8B ranked the 21st largest economy in the world, while Nauru ranked 195th with $125.6M. By GDP per capita, Taiwan and Nauru ranked 38th vs 74th, respectively.

Gross Domestic Product & Income

StatNauruTaiwan
GDP$125.6M$585.8B
GDP growth, 1 year5.7%2.6%
GDP growth, 5-years averageN/A2.4%
Population14k23.6M
GDP per capita$9.9k$25k
GDP per capita growth7.13%N/A
Purchasing Power Parity conversion factor0.77N/A
Price level ratio of PPP conversion factor GDP to market exchange rate0.6N/A
GDP per capita, PPP adjusted$17k$53k
GNI, Atlas method$153.2MN/A
GNI per capita$12kN/A
GNI, PPP adjusted$266.1MN/A
GNI per capita, PPP adjusted$21kN/A

Financial system and Human development

StatNauruTaiwan
Income Tax RateN/A45%
Corporate Tax RateN/A20%
Inflation, consumer pricesN/A1.5%
Inflation, GDP deflator1.5%N/A
Unemployment13.3%3.7%
Economic Freedom Index6077.1
Personal Freedom Index6.38.09
Human Freedom Index6.27.79
Property Rights IndexN/A86.9
Judical Effectiveness IndexN/A70.1
Business Freedom IndexN/A93.9
Fiscal Health IndexN/A91
Labor Freedom IndexN/A60.3
Investment Freedom IndexN/A60
Financial Freedom IndexN/A60
Trade Freedom IndexN/A86
Monetary Freedom IndexN/A82.7
Government Spending IndexN/A90.5
Tax Burden IndexN/A75
Government Integrity IndexN/A68.9
Corruption Perceptions Index5663
Life expectancy at birth, years59.780.2
Suicide mortality rate, per 100,000 people0.212.5
Mortality caused by road traffic injury, per 100,000 people16.3
Intentional homicides, per 100,000 people00.8
International tourism, number of arrivalsN/AN/A

Government debt & reserves

StatNauruTaiwan
Central government debt, % of GDPN/A35%
External debt stocks, % of GNIN/AN/A
External debt stocksN/AN/A
Short-term debt, % of total reservesN/AN/A
Total debt service, % of exports and primary incomeN/AN/A
Adjusted net savings including particulate emission damage, % of GNIN/AN/A
Gross savings, % of GDPN/AN/A
Gross capital formation, % of GDPN/AN/A
Total reserves including goldN/AN/A
Foreign direct investment net inflows$0N/A

Exports, imports and economic structure

StatNauruTaiwan
Exports of goods and services, % of GDP48.8%N/A
Imports of goods and services, % of GDP101.7%N/A
Current account balance (balance of payments)$8.4MN/A
Revenue excluding grants, % of GDP96.8%N/A
Grants excluding technical cooperation, BoP$23.7MN/A
Personal remittances received$6.5MN/A
Industry including construction value added, % of GDP5.5%N/A
Agriculture, forestry and fishing value added, % of GDP3.6%N/A
Charges for the use of intellectual property, payments BoPN/AN/A
Charges for the use of intellectual property, receipts BoPN/AN/A
Expense, % of GDP85%N/A
Government Expenditure, % of GDPN/A17.8%

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

Taiwan vs

CountryGDP
per capita
Population
United Kingdom
$43k
66M
Andorra
$42k
76.2k
New Zealand
$42k
4.94M
Israel
$42k
9.09M
France
$41k
66.6M
Japan
$39k
127M
Italy
$34k
60.3M
Kuwait
$34k
4.6M
Bahamas
$32k
395k
Brunei
$32k
429k
South Korea
$31k
51.5M
Spain
$30k
46.7M
Malta
$30k
465k
Cyprus
$28k
1.14M
Slovenia
$26k
2.07M
Bahrain
$24k
1.49M
Portugal
$23k
10.6M
Saudi Arabia
$23k
33M
Estonia
$23k
1.32M
Czech Republic
$23k
10.7M
Vatican City
$21k
1k
Greece
$20k
10.8M
Curacao
$20k
160k
Slovakia
$19k
5.4M
Saint Kitts and Nevis
$19k
55.3k
Lithuania
$19k
2.79M
Barbados
$18k
286k
Latvia
$18k
1.91M
Uruguay
$17k
3.46M
Trinidad and Tobago
$17k
1.37M