Nauru vs Venezuela: Economic Indicators Comparison

Venezuela with a GDP of $482.4B ranked the 27th largest economy in the world, while Nauru ranked 195th with $125.6M. By GDP per capita, Venezuela and Nauru ranked 58th vs 74th, respectively.

Gross Domestic Product & Income

StatNauruVenezuela
GDP$125.6M$482.4B
GDP growth, 1 year5.7%-18%
GDP growth, 5-years averageN/A-12.2%
Population14k28.5M
GDP per capita$9.9k$16k
GDP per capita growth7.13%-18.17%
Purchasing Power Parity conversion factor0.775.57
Price level ratio of PPP conversion factor GDP to market exchange rate0.60.89
GDP per capita, PPP adjusted$17k$8.8k
GNI, Atlas method$153.2M$392.9B
GNI per capita$12k$13k
GNI, PPP adjusted$266.1M$352.8B
GNI per capita, PPP adjusted$21k$12k

Financial system and Human development

StatNauruVenezuela
Income Tax RateN/A34%
Corporate Tax RateN/A34%
Inflation, consumer pricesN/A929789.5%
Inflation, GDP deflator1.5%748.1%
Unemployment13.3%8.4%
Economic Freedom Index6025.2
Personal Freedom Index6.36.33
Human Freedom Index6.25.27
Property Rights IndexN/A10.1
Judical Effectiveness IndexN/A12.6
Business Freedom IndexN/A30.8
Fiscal Health IndexN/A0
Labor Freedom IndexN/A27.7
Investment Freedom IndexN/A0
Financial Freedom IndexN/A10
Trade Freedom IndexN/A58
Monetary Freedom IndexN/A0
Government Spending IndexN/A66.3
Tax Burden IndexN/A72.8
Government Integrity IndexN/A14.6
Corruption Perceptions Index5618
Life expectancy at birth, years59.772.2
Suicide mortality rate, per 100,000 people0.23.7
Mortality caused by road traffic injury, per 100,000 people133.7
Intentional homicides, per 100,000 people056.3
International tourism, number of arrivalsN/A427k

Government debt & reserves

StatNauruVenezuela
Central government debt, % of GDPN/A175.6%
External debt stocks, % of GNIN/A33.9%
External debt stocksN/A$154.9B
Short-term debt, % of total reservesN/A421.1%
Total debt service, % of exports and primary incomeN/A69%
Adjusted net savings including particulate emission damage, % of GNIN/A7.2%
Gross savings, % of GDPN/A8.9%
Gross capital formation, % of GDPN/A-3.7%
Total reserves including goldN/A$9.8B
Foreign direct investment net inflows$0$956M

Exports, imports and economic structure

StatNauruVenezuela
Exports of goods and services, % of GDP48.8%30.7%
Imports of goods and services, % of GDP101.7%36.4%
Current account balance (balance of payments)$8.4M-$3.9B
Revenue excluding grants, % of GDP96.8%N/A
Grants excluding technical cooperation, BoP$23.7M$125.8M
Personal remittances received$6.5M$297.1M
Industry including construction value added, % of GDP5.5%37.2%
Agriculture, forestry and fishing value added, % of GDP3.6%5%
Charges for the use of intellectual property, payments BoPN/A$258M
Charges for the use of intellectual property, receipts BoPN/AN/A
Expense, % of GDP85%N/A
Government Expenditure, % of GDPN/A33.5%

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

Venezuela vs

CountryGDP
per capita
Population
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
Antigua and Barbuda
$17k
102k
Seychelles
$16k
95.8k
Oman
$16k
4.83M
Hungary
$16k
9.94M
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