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Economy of Nauru vs Venezuela compared: GDP & Debt

Updated on by Georank

Nauru has a GDP of $176M compared to $99.7B for Venezuela, ranking 195/197 and 78/197 by economy size, respectively.

Nauru has $25.8M in government debt (14.6% of GDP), compared to $308B (309% of GDP) in Venezuela.

Nauru vs Venezuela GDP by year

Nauru
Venezuela
1x
Year GDP, current $
Nauru Venezuela
2025 $176,040,044 $99,661,244,156
2024 $167,833,415 $120,566,112,397
2023 $161,531,317 $102,377,501,186
2022 $180,671,357 $89,013,251,021
2021 $149,268,324 $56,615,026,263
2020 $124,685,688 $42,837,965,907
2019 $125,160,116 $73,014,157,108
2018 $130,995,566 $101,987,075,929
2017 $109,355,639 $115,892,475,743
2016 $97,541,943 $112,948,035,495
2015 $84,863,441 $125,249,941,854
2014 $99,149,244 $214,838,755,022
2013 $94,385,015 $258,512,396,298
2012 $101,055,723 $371,846,610,182
2011 $65,071,880 $316,482,190,800
2010 $47,562,845 $393,192,354,511
2009 $44,176,246 $329,787,628,928
2008 $37,602,265 $315,953,388,511
2007 $22,766,972 $230,364,012,576
2006 $29,200,359 $183,477,522,124
2005 $30,070,666 $145,513,489,652
2004 $30,587,566 $112,451,400,425
2003 $24,778,160 $83,620,628,582
2002 $21,017,424 $92,893,587,734
2001 $22,613,288 $122,911,036,747
2000 $26,930,980 $117,146,466,003
1999 $27,328,613 $97,972,842,462
1998 $29,664,451 $91,336,763,255
1997 $37,331,507 $85,837,678,560
1996 $37,458,801 $70,543,211,119
1995 $39,969,706 $77,389,487,770
1994 $39,742,511 $58,418,666,667
1993 $43,542,088 $60,037,460,783
1992 $51,133,123 $60,416,519,620
1991 $52,533,789 $53,453,444,787
1990 $55,572,376 $48,606,952,195
1989 $53,736,786 $43,536,709,104
1988 $45,931,134 $60,226,413,793
1987 $40,118,410 $48,029,034,483
1986 $39,939,391 $60,516,123,711
1985 $41,548,741 $61,965,466,667
1984 $47,363,231 $59,867,743,468
1983 $48,439,093 $67,556,279,070
1982 $52,877,742 $67,736,744,186
1981 $51,689,637 $66,327,441,860
1980 $46,947,124 $59,116,511,628
1979 $44,431,330 $48,310,930,233
1978 $41,754,147 $39,316,279,070
1977 $40,444,702 $36,210,697,674
1976 $40,287,427 $31,419,534,884
1975 $40,106,776 $27,464,651,163
1974 $35,994,511 $26,100,930,233
1973 $26,529,817 $17,035,581,395
1972 $21,734,269 $13,977,727,273
1971 $19,009,433 $12,986,590,909
1970 $17,570,366 $11,561,111,111
1969 - $10,285,111,111
1968 - $10,034,444,444
1967 - $9,250,000,000
1966 - $8,781,333,333
1965 - $8,427,777,778
1964 - $8,192,413,793
1963 - $9,608,717,288
1962 - $8,814,309,884
1961 - $8,067,267,031
1960 - $7,663,938,303

Data sources: World Bank | Economy & Growth (1960–2025, retrieved 2026-07-08).

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

GDP per capita in Nauru vs Venezuela by year

Nauru
GDP per capita

GDP per capita, PPP
Venezuela
GDP per capita

GDP per capita, PPP
1x
Year Current $
Nauru Venezuela
GDP per capita GDP per capita, PPP GDP per capita GDP per capita, PPP
2025 $14,640 - $3,495 -
2024 $14,048 $14,173 $4,244 -
2023 $13,603 $13,732 $3,617 -
2022 $15,310 $13,245 $3,155 -
2021 $12,748 $12,112 $2,005 -
2020 $10,709 $10,811 $1,506 -
2019 $10,802 $10,555 $2,523 -
2018 $11,414 $9,657 $3,422 -
2017 $9,657 $9,650 $3,792 -
2016 $8,748 $10,281 $3,671 -
2015 $7,747 $9,955 $4,097 -
2014 $9,230 $9,726 $7,101 -
2013 $8,975 $8,429 $8,642 -
2012 $9,843 $8,153 $12,582 -
2011 $6,444 $6,544 $10,844 $21,241
2010 $4,736 $5,620 $13,646 $20,236
2009 $4,411 $5,568 $11,597 $20,562
2008 $3,757 $5,863 $11,262 $21,402
2007 $2,272 $4,789 $8,332 $20,236
2006 $2,910 $5,975 $6,739 $18,399
2005 $2,992 $5,336 $5,432 $16,511
2004 $3,041 $5,169 $4,269 $14,757
2003 $2,463 $5,261 $3,230 $12,359
2002 $2,085 $5,132 $3,652 $13,375
2001 $2,232 $5,587 $4,920 $14,714
2000 $2,649 $5,838 $4,776 $14,174
1999 $2,683 $6,118 $4,071 $13,623
1998 $2,909 $6,450 $3,870 $14,568
1997 $3,661 $7,231 $3,711 $14,655
1996 $3,679 $7,818 $3,113 $13,824
1995 $3,932 $8,726 $3,487 $13,890
1994 $3,921 $9,308 $2,689 $13,370
1993 $4,310 $9,513 $2,825 $13,702
1992 $5,103 $11,167 $2,907 $13,652
1991 $5,333 $13,265 $2,633 $12,880
1990 $5,776 $16,215 $2,452 $11,628
1989 $5,723 - $2,250 -
1988 $5,012 - $3,191 -
1987 $4,485 - $2,611 -
1986 $4,569 - $3,376 -
1985 $4,859 - $3,549 -
1984 $5,654 - $3,520 -
1983 $5,896 - $4,079 -
1982 $6,577 - $4,202 -
1981 $6,594 - $4,228 -
1980 $6,138 - $3,874 -
1979 $5,950 - $3,257 -
1978 $5,721 - $2,727 -
1977 $5,646 - $2,585 -
1976 $5,703 - $2,309 -
1975 $5,740 - $2,078 -
1974 $5,199 - $2,034 -
1973 $3,864 - $1,367 -
1972 $3,191 - $1,155 -
1971 $2,811 - $1,106 -
1970 $2,619 - $1,015 -
1969 - - $932 -
1968 - - $938 -
1967 - - $893 -
1966 - - $876 -
1965 - - $869 -
1964 - - $874 -
1963 - - $1,060 -
1962 - - $1,007 -
1961 - - $954 -
1960 - - $939 -

Data sources: World Bank | Economy & Growth (1960–2025, retrieved 2026-07-08).

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

Nauru's GDP per capita is $14,640, ranking 74/197, compared to $3,495 in Venezuela, ranking 138/197. Adjusted for purchasing power (GDP per capita PPP), Nauru ranks 119th at $14,173, while Venezuela ranks 93rd at $21,241.

Economic indicators

Nauru Venezuela
Gross domestic product
$176M
2025
$99.7B
2025
GDP rank
195/197
2025
78/197
2025
GDP growth
2.14%
2024-2025
1.57%
2024-2025
GDP per capita
$14,640
2025
$3,495
2025
GDP per capita rank
74/197
2025
138/197
2025
GDP per capita, PPP
$14,173
2024
$21,241
2011
GDP per capita PPP rank
119/197
2024
93/197
2011
Government debt
$25.8M
2025
$308B
2025
Debt-to-GDP ratio
14.6%
2025
309%
2025
Government debt per person
$2,145
2025
$10,790
2025
Government debt per person rank
118/185
2025
58/185
2025
Average annual personal income after taxes
$9,187
2026
$2,659
2026
Market capitalization of domestic companies n/a
$3.98B
2002
Number of billionaires n/a
1
2026
Income share by richest 10%
25.3%
2012
33.2%
2006
Income share by poorest 10%
3.4%
2012
1.2%
2006
Government expenditure, % of GDP
128.7%
2025
20.3%
2025
Consumer prices inflation
6.1%
2024-2025
252%
2024-2025
Central bank interest rate n/a
58.9%
2026
Unemployment rate
5.06%
2021
7.53%
2020
Population
12139
28692435

Spending and national debt comparison by year

Nauru
Spending

Debt
Venezuela
Spending

Debt
1x
Year % of GDP
Nauru Venezuela
Government spending Government debt Government spending Government debt
2025 128.7% 14.6% 20.3% 309%
2024 118.4% 16.9% 17.5% 169.1%
2023 111% 19.2% 13.1% 138.5%
2022 113.8% 18.9% 15.1% 164.4%
2021 109.5% 24.2% 13.1% 254.2%
2020 109.4% 56.3% 11.2% 337%
2019 106% 59.6% 21% 206%
2018 90.8% 71.1% 37.9% 175.3%
2017 102.3% 78% 21.8% 133.6%
2016 96% 86.3% 19.7% 138.4%
2015 85.4% 113% 22.9% 129.8%
2014 61.3% 147.7% 31.6% 84.9%
2013 66% 166.9% 36.5% 85.4%
2012 46% 157.3% 38% 58.4%
2011 44.7% 236.8% 39.4% 52.5%
2010 73.8% 298.9% 31.1% 37.7%
2009 68% 295.6% 33.3% 27.6%
2008 - - 34.9% 20.3%
2007 - - 35.9% 26.4%
2006 - - 39.3% 25.7%
2005 - - 33.5% 34.9%
2004 - - 31.9% 41.8%
2003 - - 32.2% 56%
2002 - - 31% 48.2%
2001 - - 31.9% 30.7%
2000 - - 28.3% 27.7%
1999 - - 26.1% 29.6%
1998 - - 28.8% 30.7%
1997 - - 31% 34.8%
1996 - - 27.7% 45.9%
1995 - - 32.9% 45.9%
1994 - - 42.2% 63.9%
1993 - - 27.7% 57.7%
1992 - - 30.6% 54.8%
1991 - - 33.9% 62.2%
1990 - - 31.9% 63.3%
1989 - - 32.5% 61.8%
1988 - - 33.2% 46.3%
1987 - - 25.1% 58.3%
1986 - - 21.5% 45.9%
1985 - - 20.3% 34.1%
1984 - - 19.7% 36.4%
1983 - - 25.3% 21.4%
1982 - - 29% 18.6%
1981 - - 29.6% 18.9%
1980 - - 22% 16.6%
1979 - - 22.3% 19.2%
1978 - - 29.2% 16.6%
1977 - - 30.6% 12.7%
1976 - - 26.6% 9.64%
1975 - - 33.8% 8.31%
1974 - - 35.3% 7.72%
1973 - - 20% 9.78%
1972 - - 21.3% 10.6%
1971 - - 19.6% 9.64%
1970 - - 19.5% 10.6%
1969 - - 21% 9.91%
1968 - - 19.8% 7.84%
1967 - - 19.8% 6.74%
1966 - - 19.1% 5.84%
1965 - - 18.7% 5.46%
1964 - - 17.9% 4.95%
1963 - - 18.7% 6.3%
1962 - - 17.6% 7.24%
1961 - - 11.8% 8.79%
1960 - - 23.7% 8.28%

Data sources: International Monetary Fund (IMF) | Fiscal Monitor (1990–2025, retrieved 2026-07-08); International Monetary Fund (IMF) | Public Finances in Modern History (1960–1997, retrieved 2026-07-08).

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

In 2025, Nauru's government spending was $227M, accounting for 128.7% of its GDP, while Venezuela spent $20.2B, or 20.3% of GDP.

Debt-to-GDP ratio is 14.6% in Nauru and 309% in Venezuela, ranking 176/185 and 1/185, respectively.

Government deficit by year

Deficit/surplus
Nauru

Venezuela
1x
Year Deficit/surplus, % of GDP
Nauru Venezuela
2025 3.51% -5.84%
2024 28.9% -3.67%
2023 18.2% -1.25%
2022 20.5% -5.29%
2021 52.4% -5.85%
2020 42.8% -6.63%
2019 31% -10.9%
2018 29.6% -31%
2017 16.2% -13.3%
2016 18.9% -8.46%
2015 10.7% -8.06%
2014 29.6% -9.81%
2013 1.71% -10.4%
2012 8.12% -9.86%
2011 2.73% -8.24%
2010 0.09% -4.74%
2009 0.37% -8.69%
2008 - -3.46%
2007 - -2.82%
2006 - -1.6%
2005 - 4.09%
2004 - 2.47%
2003 - 0.17%
2002 - -1.48%
2001 - -4.59%
2000 - 4.45%
1999 - 0.74%
1998 - -4.49%
1997 - 2.58%
1996 - 7.94%
1995 - -5.86%
1994 - -11.2%
1993 - -2.92%
1992 - -6.37%
1991 - -2.28%
1990 - 3.84%
1989 - -0.91%
1988 - -9.24%
1987 - -7.47%
1986 - 0.82%
1985 - 6.97%
1984 - 5.33%
1983 - 1.24%
1982 - -0.17%
1981 - 4.74%
1980 - 4.41%
1979 - -3.07%
1978 - -5.44%
1977 - -4.69%
1976 - 1.65%
1975 - 0.88%
1974 - 2.76%
1973 - 1.98%
1972 - 0.42%
1971 - 0.78%
1970 - -1.22%
1969 - -2.17%
1968 - -0.32%
1967 - 0.51%
1966 - 0.23%
1965 - 0.39%
1964 - 1.91%
1963 - 1.92%
1962 - 2.14%
1961 - -1.91%
1960 - -4.08%
1959 - -4.98%
1958 - -4.86%
1957 - 6.7%
1956 - 0.76%
1955 - 0.38%
1954 - 1.84%
1953 - 0.03%
1952 - -0.5%
1951 - -0.24%
1950 - -0.23%
1949 - 0.15%
1948 - 1.27%
1947 - 0.09%
1946 - -0.9%
1945 - 2.9%
1944 - 1.85%
1943 - -0.27%
1942 - 0.2%
1941 - 0.01%
1940 - -1.07%
1939 - -0.78%
1938 - 0.68%
1937 - 0.73%
1936 - -0.52%
1935 - -2.23%
1934 - 1.34%
1933 - 1.03%
1932 - 0.51%
1931 - 1.02%
1930 - -2.03%
1929 - -0.34%
1928 - -0.68%
1927 - 1.55%
1926 - 0.14%
1925 - 0.54%
1924 - 0.37%
1923 - 1.32%
1922 - 1.57%
1921 - -0.97%
1920 - -1.75%

Data sources: International Monetary Fund (IMF) | Public Finances in Modern History (1920–1989, retrieved 2026-07-08); International Monetary Fund (IMF) | Fiscal Monitor (1990–2025, retrieved 2026-07-08).

GeoRank.org/economy/nauru/venezuela | 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 Venezuela's deficit of $5.82B, or 5.84% of GDP.

Over the past 17 years, Nauru recorded a fiscal deficit in 0 of those years, while Venezuela ran a deficit in 17 years. On average, Nauru posted an annual surplus equal to 18.5% of GDP, compared to deficit of 8.94% of GDP for Venezuela.

Inflation comparison by year

Inflation
Nauru

Venezuela
1x
Year Consumer prices inflation
Nauru Venezuela
2025 6.1% 252%
2024 9.3% 49.4%
2023 4.8% 338%
2022 1.1% 186.5%
2021 2% 1,589%
2020 0.9% 2,355%
2019 4.1% 19,906%
2018 1.1% 65,374%
2017 4.5% 438%
2016 8.1% 254.9%
2015 9.8% 121.7%
2014 0.3% 62.2%
2013 -1.1% 40.6%
2012 0.3% 21.1%
2011 -3.4% 26.1%
2010 -2% 28.2%
2009 22.4% 26%
2008 1% 31.4%
2007 5.6% 18.7%
2006 19.3% 13.7%
2005 8.7% 16%
2004 - 21.7%
2003 - 31.1%
2002 - 22.4%
2001 - 12.5%
2000 - 16.2%
1999 - 23.6%
1998 - 35.8%
1997 - 50%

Data sources: International Monetary Fund (IMF) | World Economic Outlook (1997–2025, retrieved 2026-07-08).

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

Over the past 21 years, Nauru has recorded an average annual inflation rate of 4.9%, compared with 4,340% in Venezuela. In 2025, inflation was 6.1% in Nauru and 252% in Venezuela.

Top exports between countries

Nauru
Export category Export value
Machinery & equipment $9K
Venezuela
Export category Export value

Balance of trade

Nauru Venezuela
Current account balance
$9.73M
2024
-$3.87B
2016
Current account balance ranking
69/190
2024
155/190
2016
Current account balance, % of GDP
+5.8%
2024
-3.43%
2016
Goods imports
$92.7M
2024
$16.3B
2016
Goods exports
$25.5M
2024
$27.4B
2016
Service imports
$88.2M
2024
$9.47B
2016
Service exports
$64.6M
2024
$1.28B
2016
Imports of goods and services, % of GDP
103.7%
2025
10.1%
2025
Exports of goods and services, % of GDP
61.8%
2025
14.9%
2025

Economic freedom indices

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

Nauru Venezuela
Economic freedom 60 27.3
Economic freedom ranking 97/197 194/197
Property rights n/a 0
Government integrity n/a 6.9
Judicial effectiveness n/a 5.1
Tax burden n/a 73.4
Government spending n/a 93
Fiscal health n/a 29.1
Business freedom n/a 31.1
Labor freedom n/a 35.5
Monetary freedom n/a 0
Trade freedom n/a 43.2
Investment freedom n/a 0
Financial freedom n/a 10

Other economic metrics

Nauru Venezuela
Services, % of GDP n/a
51.7%
2014
Industry, % of GDP n/a
37.2%
2014
Agriculture, forestry, and fishing, % of GDP n/a
5.03%
2014
GNI, Atlas method
$249M
2025
$110B
2025
GNI per capita, PPP
$20,200
2025
$20,840
2011
Total reserves including gold n/a
$9.79B
2017
Total reserves ranking n/a
80/177
2017
Net foreign direct investment
$4.51M
2024
-$27M
2016
Net inflows of foreign direct investment
-$5.85M
2024
$1.63B
2024
Net outflows of foreign direct investment
-$1.34M
2024
$2.6B
2024
Poverty at national poverty lines n/a
33.1%
2015
Gross capital formation, % of GDP n/a
5.93%
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/venezuela | CC BY

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Data sources:

  1. World Bank | Economy & Growth (1960–2025, retrieved 2026-07-08)
  2. International Monetary Fund (IMF) | Fiscal Monitor (1990–2025, retrieved 2026-07-08)
  3. International Monetary Fund (IMF) | Public Finances in Modern History (1920–1997, retrieved 2026-07-08)
  4. U.S. Census Bureau (1985–2025, retrieved 2026-07-08)
  5. The Heritage Foundation | Economic Freedom Index (2026, retrieved 2026-07-08)
  6. United Nations | World Population Prospects (2026, retrieved 2026-07-08)
  7. LivingCost (2026, retrieved 2026-07-08)
  8. TradeMap (2013, 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.