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Economy of Nauru vs Vietnam compared: GDP & Debt

Updated on by Georank team

Nauru has a GDP of $163M compared to $476B for Vietnam, ranking 195/197 and 33/197 by economy size, respectively.

Nauru has $28.3M in government debt (17.4% of GDP), compared to $149B (31.3% of GDP) in Vietnam.

Nauru vs Vietnam GDP by year

Nauru
Vietnam
1x
Year GDP, current $
Nauru Vietnam
2024 $162,588,621 $476,388,230,307
2023 $151,435,610 $433,857,681,378
2022 $152,373,434 $413,445,230,669
2021 $175,390,281 $366,474,752,771
2020 $124,685,688 $346,615,738,538
2019 $125,160,116 $334,365,270,497
2018 $130,995,566 $310,106,478,395
2017 $109,355,639 $281,353,605,987
2016 $97,541,943 $257,096,001,178
2015 $84,863,441 $239,258,328,382
2014 $99,149,244 $233,451,469,643
2013 $94,385,015 $213,708,811,665
2012 $101,055,723 $195,590,661,129
2011 $65,071,880 $172,595,049,184
2010 $47,562,845 $147,201,173,197
2009 $44,176,246 $106,014,659,565
2008 $37,602,265 $99,130,304,099
2007 $22,766,972 $77,414,425,532
2006 $29,200,359 $66,371,664,817
2005 $30,070,666 $57,633,255,738
2004 $30,587,566 $45,427,854,693
2003 $24,778,160 $39,552,513,232
2002 $21,017,424 $35,064,105,501
2001 $22,613,288 $32,685,198,809
2000 $26,930,980 $31,172,518,403
1999 $27,328,613 $28,683,659,007
1998 $29,664,451 $27,209,602,050
1997 $37,331,507 $26,843,700,442
1996 $37,458,801 $24,657,470,575
1995 $39,969,706 $20,736,164,459
1994 $39,742,511 $16,286,433,533
1993 $43,542,088 $13,180,953,598
1992 $51,133,123 $9,866,990,236
1991 $52,533,789 $9,613,369,520
1990 $55,572,376 $6,471,740,806
1989 $53,736,786 $6,293,304,975
1988 $45,931,134 $25,423,812,649
1987 $40,118,410 $36,658,108,850
1986 $39,939,391 $26,336,616,250
1985 $41,548,741 $14,094,687,821
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 (1970–2024, retrieved 2026-04-06).

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

GDP per capita in Nauru vs Vietnam by year

Nauru
GDP per capita

GDP per capita, PPP
Vietnam
GDP per capita

GDP per capita, PPP
1x
Year Current $
Nauru Vietnam
GDP per capita GDP per capita, PPP GDP per capita GDP per capita, PPP
2024 $13,609 $14,173 $4,717 $16,386
2023 $12,752 $13,732 $4,323 $15,034
2022 $12,912 $13,245 $4,148 $13,905
2021 $14,979 $12,112 $3,704 $12,049
2020 $10,709 $10,811 $3,534 $11,609
2019 $10,802 $10,555 $3,441 $11,029
2018 $11,414 $9,657 $3,222 $10,010
2017 $9,657 $9,650 $2,956 $9,170
2016 $8,748 $10,281 $2,735 $8,375
2015 $7,747 $9,955 $2,578 $7,672
2014 $9,230 $9,726 $2,546 $7,297
2013 $8,975 $8,429 $2,360 $6,758
2012 $9,843 $8,153 $2,185 $6,377
2011 $6,444 $6,544 $1,951 $5,786
2010 $4,736 $5,620 $1,683 $5,389
2009 $4,411 $5,568 $1,226 $5,061
2008 $3,757 $5,863 $1,164 $4,844
2007 $2,272 $4,789 $926 $4,581
2006 $2,910 $5,975 $808 $4,237
2005 $2,992 $5,336 $711 $3,894
2004 $3,041 $5,169 $565 $3,543
2003 $2,463 $5,261 $497 $3,240
2002 $2,085 $5,132 $445 $3,002
2001 $2,232 $5,587 $419 $2,809
2000 $2,649 $5,838 $404 $2,614
1999 $2,683 $6,118 $376 $2,421
1998 $2,909 $6,450 $361 $2,308
1997 $3,661 $7,231 $362 $2,189
1996 $3,679 $7,818 $337 $2,019
1995 $3,932 $8,726 $287.8 $1,841
1994 $3,921 $9,308 $229.9 $1,674
1993 $4,310 $9,513 $189.4 $1,534
1992 $5,103 $11,167 $144.5 $1,413
1991 $5,333 $13,265 $143.7 $1,298
1990 $5,776 $16,215 $98.8 $1,210
1989 $5,723 - $98.1 -
1988 $5,012 - $405 -
1987 $4,485 - $595 -
1986 $4,569 - $436 -
1985 $4,859 - $238.6 -
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 (1970–2024, retrieved 2026-04-06).

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

Nauru's GDP per capita is $13,609, ranking 74/197, compared to $4,717 in Vietnam, ranking 122/197. Adjusted for purchasing power (GDP per capita PPP), Nauru ranks 119th at $14,173, while Vietnam ranks 108th at $16,386.

Economic indicators

Nauru Vietnam
Gross domestic product
$163M
2024
$476B
2024
GDP rank
195/197
2024
33/197
2024
GDP growth
1.39%
2023-2024
7.09%
2023-2024
GDP per capita
$13,609
2024
$4,717
2024
GDP per capita rank
74/197
2024
122/197
2024
GDP per capita, PPP
$14,173
2024
$16,386
2024
GDP per capita PPP rank
119/197
2024
108/197
2024
Government debt
$28.3M
2024
$149B
2024
Debt-to-GDP ratio
17.4%
2024
31.3%
2024
Government debt per person
$2,367
2024
$1,475
2024
Government debt per person rank
113/185
2024
132/185
2024
Average annual personal income after taxes
$8,783
2026
$4,020
2026
Market capitalization of domestic companies n/a
$205B
2024
Number of billionaires n/a
5
2025
Income share by richest 10%
25.3%
2012
28.1%
2022
Income share by poorest 10%
3.4%
2012
2.6%
2022
Government expenditure, % of GDP
122.1%
2024
19.1%
2024
Consumer prices inflation
9.3%
2023-2024
3.6%
2023-2024
Central bank interest rate n/a
4.5%
2023
Unemployment rate
5.06%
2021
1.53%
2024
Population
12125
102365351

Spending and national debt comparison by year

Nauru
Spending

Debt
Vietnam
Spending

Debt
1x
Year % of GDP
Nauru Vietnam
Government spending Government debt Government spending Government debt
2024 122.1% 17.4% 19.1% 31.3%
2023 118.1% 20.5% 18.8% 34.3%
2022 134.8% 22.4% 18.2% 34.9%
2021 93% 20.5% 20.1% 39.2%
2020 109.4% 56.3% 21.3% 41.3%
2019 106% 59.6% 19.8% 41%
2018 90.8% 71.1% 20.5% 43.8%
2017 102.3% 78% 21.5% 46.6%
2016 96% 86.3% 22.2% 47.9%
2015 85.4% 113% 24.2% 46.1%
2014 61.3% 147.7% 22.8% 43.6%
2013 66% 166.9% 24.5% 41.4%
2012 46% 157.3% 23.5% 38.3%
2011 44.7% 236.8% 21.2% 36.2%
2010 73.8% 298.9% 23.7% 37.3%
2009 68% 295.6% 25% 36.2%
2008 - - 21.4% 31%
2007 - - 22.3% 32.2%
2006 - - 20.5% 30.2%
2005 - - 20.6% 28.7%
2004 - - 19.4% 29.4%
2003 - - 22.2% 29.8%
2002 - - 19.7% 27.7%
2001 - - 19.2% 25.4%
2000 - - 17.8% 24.8%
1999 - - 16.7% -
1998 - - 16% -

Data sources: International Monetary Fund (IMF) | Fiscal Monitor (1998–2024, retrieved 2026-02-20).

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

In 2024, Nauru's government spending was $199M, accounting for 122.1% of its GDP, while Vietnam spent $91.1B, or 19.1% of GDP.

Debt-to-GDP ratio is 17.4% in Nauru and 31.3% in Vietnam, ranking 176/185 and 156/185, respectively.

Government deficit by year

Deficit/surplus
Nauru

Vietnam
1x
Year Deficit/surplus, % of GDP
Nauru Vietnam
2024 29.8% -1.54%
2023 19.4% -1.72%
2022 24.3% 0.67%
2021 44.5% -1.43%
2020 42.8% -2.86%
2019 31% -0.4%
2018 29.6% -1.02%
2017 16.2% -1.96%
2016 18.9% -3.16%
2015 10.7% -4.98%
2014 29.6% -5.02%
2013 1.71% -5.96%
2012 8.12% -5.46%
2011 2.73% -0.9%
2010 0.09% -2.25%
2009 0.37% -4.82%
2008 - -0.45%
2007 - -1.74%
2006 - 0.2%
2005 - -0.95%
2004 - -0.15%
2003 - -2.56%
2002 - -1.85%
2001 - -2.19%
2000 - -1.61%
1999 - -1.25%
1998 - -0.1%

Data sources: International Monetary Fund (IMF) | Fiscal Monitor (1998–2024, retrieved 2026-02-20).

GeoRank.org/economy/nauru/vietnam | 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 Vietnam's deficit of $7.32B, or 1.54% of GDP.

Over the past 16 years, Nauru recorded a fiscal deficit in 0 of those years, while Vietnam ran a deficit in 15 years. On average, Nauru posted an annual surplus equal to 19.4% of GDP, compared to deficit of 2.68% of GDP for Vietnam.

Inflation comparison by year

Inflation
Nauru

Vietnam
1x
Year Consumer prices inflation
Nauru Vietnam
2024 9.3% 3.6%
2023 4.8% 3.3%
2022 1.1% 3.2%
2021 2% 1.8%
2020 0.9% 3.2%
2019 4.1% 2.8%
2018 1.1% 3.5%
2017 4.5% 3.5%
2016 8.1% 2.7%
2015 9.8% 0.6%
2014 0.3% 4.1%
2013 -1.1% 6.6%
2012 0.3% 9.1%
2011 -3.4% 18.7%
2010 -2% 9.1%
2009 22.4% 6.7%
2008 1% 23.3%
2007 5.6% 8.4%
2006 19.3% 7.7%
2005 8.7% 8.3%
2004 - 7.8%
2003 - 3.1%
2002 - 3.8%
2001 - -0.4%
2000 - -1.8%
1999 - 4.1%
1998 - 8.1%
1997 - 3.1%

Data sources: International Monetary Fund (IMF) | World Economic Outlook (1997–2024, retrieved 2026-02-20).

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

Over the past 20 years, Nauru has recorded an average annual inflation rate of 4.84%, compared with 6.51% in Vietnam. In 2024, inflation was 9.3% in Nauru and 3.6% in Vietnam.

Balance of trade

Nauru Vietnam
Current account balance
$9.73M
2024
$28B
2024
Current account balance ranking
75/190
2024
18/190
2024
Current account balance, % of GDP
+5.98%
2024
+5.89%
2024
Goods imports
$92.7M
2024
$362B
2024
Goods exports
$25.5M
2024
$406B
2024
Service imports
$88.2M
2024
$36.2B
2024
Service exports
$64.6M
2024
$23.9B
2024
Imports of goods and services, % of GDP
110.5%
2024
83.7%
2024
Exports of goods and services, % of GDP
55.3%
2024
90.2%
2024

Economic freedom indices

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

Nauru Vietnam
Economic freedom 60 64.4
Economic freedom ranking 97/197 73/197
Property rights n/a 47.3
Government integrity n/a 39.2
Judicial effectiveness n/a 31.3
Tax burden n/a 80.9
Government spending n/a 89.5
Fiscal health n/a 96.9
Business freedom n/a 70
Labor freedom n/a 54.7
Monetary freedom n/a 73.2
Trade freedom n/a 79.8
Investment freedom n/a 60
Financial freedom n/a 50

Other economic metrics

Nauru Vietnam
Services, % of GDP n/a
42.4%
2024
Industry, % of GDP n/a
37.6%
2024
Agriculture, forestry, and fishing, % of GDP n/a
11.9%
2024
GNI, Atlas method
$244M
2024
$454B
2024
GNI per capita, PPP
$21,970
2024
$15,850
2024
Total reserves including gold n/a
$83.1B
2024
Total reserves ranking n/a
30/177
2024
Net foreign direct investment
$4.51M
2024
-$19.6B
2024
Net inflows of foreign direct investment
-$5.85M
2024
$20.2B
2024
Net outflows of foreign direct investment
-$1.34M
2024
$600M
2024
Servicing debt to the IMF, % of GNI n/a
7.29%
2024
Poverty at national poverty lines n/a
4.2%
2022
Gross capital formation, % of GDP n/a
30.6%
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/vietnam | CC BY

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Data sources:

  1. World Bank | Economy & Growth (1970–2024, retrieved 2026-04-06)
  2. International Monetary Fund (IMF) | Fiscal Monitor (1998–2024, retrieved 2026-02-20)
  3. U.S. Census Bureau (1985–2024, retrieved 2026-02-08)
  4. The Heritage Foundation | Economic Freedom Index (2026, retrieved 2026-03-09)
  5. United Nations | World Population Prospects (2026, retrieved 2026-03-10)
  6. LivingCost (2026, retrieved 2025-10-14)

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.