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Economy of Nauru vs Zimbabwe compared: GDP & Debt

Updated on by Georank team

Nauru has a GDP of $163M compared to $41.5B for Zimbabwe, ranking 195/197 and 102/197 by economy size, respectively.

Nauru has $28.3M in government debt (17.4% of GDP), compared to $30.3B (73% of GDP) in Zimbabwe.

Nauru vs Zimbabwe GDP by year

Nauru
Zimbabwe
1x
Year GDP, current $
Nauru Zimbabwe
2024 $162,588,621 $41,539,411,516
2023 $151,435,610 $35,871,779,681
2022 $152,373,434 $40,757,561,709
2021 $175,390,281 $41,287,673,690
2020 $124,685,688 $31,980,334,561
2019 $125,160,116 $33,357,695,635
2018 $130,995,566 $34,141,666,667
2017 $109,355,639 $51,035,657,371
2016 $97,541,943 $20,559,250,000
2015 $84,863,441 $19,973,250,000
2014 $99,149,244 $19,505,500,000
2013 $94,385,015 $19,100,750,000
2012 $101,055,723 $17,123,500,000
2011 $65,071,880 $14,109,000,000
2010 $47,562,845 $12,047,750,000
2009 $44,176,246 $9,670,750,000
2008 $37,602,265 $4,418,000,000
2007 $22,766,972 $5,294,750,000
2006 $29,200,359 $5,446,750,000
2005 $30,070,666 $5,758,250,000
2004 $30,587,566 $5,808,500,000
2003 $24,778,160 $5,730,500,000
2002 $21,017,424 $6,345,250,000
2001 $22,613,288 $6,780,750,000
2000 $26,930,980 $6,693,250,000
1999 $27,328,613 $6,861,500,000
1998 $29,664,451 $6,405,250,000
1997 $37,331,507 $8,534,000,000
1996 $37,458,801 $8,557,500,000
1995 $39,969,706 $7,115,000,000
1994 $39,742,511 $6,894,250,000
1993 $43,542,088 $6,567,250,000
1992 $51,133,123 $6,755,000,000
1991 $52,533,789 $8,646,000,000
1990 $55,572,376 $8,788,301,546
1989 $53,736,786 $8,290,553,535
1988 $45,931,134 $7,818,774,177
1987 $40,118,410 $6,744,657,033
1986 $39,939,391 $6,220,698,247
1985 $41,548,741 $5,640,137,575
1984 $47,363,231 $6,355,369,172
1983 $48,439,093 $7,768,031,182
1982 $52,877,742 $8,544,060,905
1981 $51,689,637 $8,015,464,252
1980 $46,947,124 $6,682,278,300
1979 $44,431,330 $5,180,102,910
1978 $41,754,147 $4,353,822,343
1977 $40,444,702 $4,366,610,469
1976 $40,287,427 $4,320,576,877
1975 $40,106,776 $4,373,532,601
1974 $35,994,511 $3,984,194,614
1973 $26,529,817 $3,311,043,292
1972 $21,734,269 $2,679,096,597
1971 $19,009,433 $2,179,828,710
1970 $17,570,366 $1,885,168,339
1969 - $1,748,891,294
1968 - $1,480,355,355
1967 - $1,397,715,282
1966 - $1,282,403,936
1965 - $1,312,105,394
1964 - $1,217,759,447
1963 - $1,160,103,724
1962 - $1,118,172,226
1961 - $1,097,206,526
1960 - $1,053,528,036

Data sources: World Bank | Economy & Growth (1960–2024, retrieved 2026-04-06).

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

GDP per capita in Nauru vs Zimbabwe by year

Nauru
GDP per capita

GDP per capita, PPP
Zimbabwe
GDP per capita

GDP per capita, PPP
1x
Year Current $
Nauru Zimbabwe
GDP per capita GDP per capita, PPP GDP per capita GDP per capita, PPP
2024 $13,609 $14,173 $2,497 $5,928
2023 $12,752 $13,732 $2,195 $5,791
2022 $12,912 $13,245 $2,536 $5,396
2021 $14,979 $12,112 $2,614 $4,827
2020 $10,709 $10,811 $2,060 $4,179
2019 $10,802 $10,555 $2,184 $4,166
2018 $11,414 $9,657 $2,271 $3,993
2017 $9,657 $9,650 $3,445 $10,756
2016 $8,748 $10,281 $1,408 $4,275
2015 $7,747 $9,955 $1,387 $4,046
2014 $9,230 $9,726 $1,373 $3,903
2013 $8,975 $8,429 $1,363 $3,784
2012 $9,843 $8,153 $1,239 $3,472
2011 $6,444 $6,544 $1,038 $3,047
2010 $4,736 $5,620 $902 $2,661
2009 $4,411 $5,568 $736 $2,233
2008 $3,757 $5,863 $341 $1,987
2007 $2,272 $4,789 $414 $2,396
2006 $2,910 $5,975 $431 $2,454
2005 $2,992 $5,336 $461 $2,496
2004 $3,041 $5,169 $470 $2,591
2003 $2,463 $5,261 $468 $2,708
2002 $2,085 $5,132 $525 $3,238
2001 $2,232 $5,587 $566 $3,533
2000 $2,649 $5,838 $563 $3,429
1999 $2,683 $6,118 $582 $3,491
1998 $2,909 $6,450 $552 $3,527
1997 $3,661 $7,231 $751 $3,457
1996 $3,679 $7,818 $767 $3,372
1995 $3,932 $8,726 $648 $3,051
1994 $3,921 $9,308 $634 $3,012
1993 $4,310 $9,513 $605 $2,703
1992 $5,103 $11,167 $631 $2,651
1991 $5,333 $13,265 $831 $2,930
1990 $5,776 $16,215 $867 $2,757
1989 $5,723 - $840 -
1988 $5,012 - $816 -
1987 $4,485 - $726 -
1986 $4,569 - $693 -
1985 $4,859 - $649 -
1984 $5,654 - $757 -
1983 $5,896 - $959 -
1982 $6,577 - $1,096 -
1981 $6,594 - $1,069 -
1980 $6,138 - $949 -
1979 $5,950 - $779 -
1978 $5,721 - $665 -
1977 $5,646 - $677 -
1976 $5,703 - $687 -
1975 $5,740 - $717 -
1974 $5,199 - $674 -
1973 $3,864 - $579 -
1972 $3,191 - $483 -
1971 $2,811 - $406 -
1970 $2,619 - $361 -
1969 - - $346 -
1968 - - $302 -
1967 - - $294.4 -
1966 - - $278.7 -
1965 - - $294.3 -
1964 - - $281.9 -
1963 - - $277.1 -
1962 - - $275.7 -
1961 - - $279.2 -
1960 - - $276.6 -

Data sources: World Bank | Economy & Growth (1960–2024, retrieved 2026-04-06).

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

Nauru's GDP per capita is $13,609, ranking 74/197, compared to $2,497 in Zimbabwe, ranking 148/197. Adjusted for purchasing power (GDP per capita PPP), Nauru ranks 119th at $14,173, while Zimbabwe ranks 154th at $5,928.

Economic indicators

Nauru Zimbabwe
Gross domestic product
$163M
2024
$41.5B
2024
GDP rank
195/197
2024
102/197
2024
GDP growth
1.39%
2023-2024
1.74%
2023-2024
GDP per capita
$13,609
2024
$2,497
2024
GDP per capita rank
74/197
2024
148/197
2024
GDP per capita, PPP
$14,173
2024
$5,928
2024
GDP per capita PPP rank
119/197
2024
154/197
2024
Government debt
$28.3M
2024
$30.3B
2024
Debt-to-GDP ratio
17.4%
2024
73%
2024
Government debt per person
$2,367
2024
$1,824
2024
Government debt per person rank
113/185
2024
121/185
2024
Average annual personal income after taxes
$8,783
2026
$2,897
2026
Market capitalization of domestic companies n/a
$2.46B
1999
Number of billionaires n/a
1
2025
Income share by richest 10%
25.3%
2012
40.5%
2019
Income share by poorest 10%
3.4%
2012
1.9%
2019
Government expenditure, % of GDP
122.1%
2024
12.9%
2024
Consumer prices inflation
9.3%
2023-2024
736%
2023-2024
Central bank interest rate n/a
35%
2024
Unemployment rate
5.06%
2021
12.1%
2024
Population
12125
17361868

Spending and national debt comparison by year

Nauru
Spending

Debt
Zimbabwe
Spending

Debt
1x
Year % of GDP
Nauru Zimbabwe
Government spending Government debt Government spending Government debt
2024 122.1% 17.4% 12.9% 73%
2023 118.1% 20.5% 15.5% 76.1%
2022 134.8% 22.4% 14.4% 66.8%
2021 93% 20.5% 12.8% 39.9%
2020 109.4% 56.3% 9.27% 56.8%
2019 106% 59.6% 9.36% 53.9%
2018 90.8% 71.1% 13.9% 33%
2017 102.3% 78% 19.8% 49%
2016 96% 86.3% 16.6% 35.1%
2015 85.4% 113% 14.7% 34.1%
2014 61.3% 147.7% 14.1% 29.2%
2013 66% 166.9% 14.7% 26.4%
2012 46% 157.3% 14.6% 27.2%
2011 44.7% 236.8% 16.2% 30%
2010 73.8% 298.9% 12.8% 33.2%
2009 68% 295.6% 7.93% 39.7%
2008 - - 2.54% 41.3%
2007 - - 3.43% 30.2%
2006 - - 5.72% 26.7%
2005 - - 10.5% 22.4%

Data sources: International Monetary Fund (IMF) | Fiscal Monitor (2005–2024, retrieved 2026-02-20).

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

In 2024, Nauru's government spending was $199M, accounting for 122.1% of its GDP, while Zimbabwe spent $5.37B, or 12.9% of GDP.

Debt-to-GDP ratio is 17.4% in Nauru and 73% in Zimbabwe, ranking 176/185 and 50/185, respectively.

Government deficit by year

Deficit/surplus
Nauru

Zimbabwe
1x
Year Deficit/surplus, % of GDP
Nauru Zimbabwe
2024 29.8% -1.06%
2023 19.4% -3.9%
2022 24.3% -3.3%
2021 44.5% -2.24%
2020 42.8% -0.34%
2019 31% -1.72%
2018 29.6% -3.81%
2017 16.2% -7.37%
2016 18.9% -4.63%
2015 10.7% -1.45%
2014 29.6% -0.71%
2013 1.71% -0.69%
2012 8.12% -0.13%
2011 2.73% -1.72%
2010 0.09% -0.11%
2009 0.37% -1.39%
2008 - -1.2%
2007 - -1.67%
2006 - -1.4%
2005 - -3.46%

Data sources: International Monetary Fund (IMF) | Fiscal Monitor (2005–2024, retrieved 2026-02-20).

GeoRank.org/economy/nauru/zimbabwe | 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 Zimbabwe's deficit of $438M, or 1.06% of GDP.

Over the past 16 years, Nauru recorded a fiscal deficit in 0 of those years, while Zimbabwe ran a deficit in 16 years. On average, Nauru posted an annual surplus equal to 19.4% of GDP, compared to deficit of 2.16% of GDP for Zimbabwe.

Inflation comparison by year

Inflation
Nauru

Zimbabwe
1x
Year Consumer prices inflation
Nauru Zimbabwe
2024 9.3% 736%
2023 4.8% 667%
2022 1.1% 193.4%
2021 2% 98.5%
2020 0.9% 557%
2019 4.1% 255.3%
2018 1.1% 10.6%
2017 4.5% 0.9%
2016 8.1% -1.6%
2015 9.8% -2.4%
2014 0.3% -0.2%
2013 -1.1% 1.6%
2012 0.3% 3.7%
2011 -3.4% 3.5%
2010 -2% 3%
2009 22.4% 6.2%
2008 1% 157%
2007 5.6% -72.7%
2006 19.3% 33%
2005 8.7% -31.5%
2004 - 113.6%
2003 - -8.6%
2002 - -34.4%
2001 - -37.2%
2000 - 4.5%
1999 - -13.4%
1998 - -28%
1997 - -1%

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

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

Over the past 20 years, Nauru has recorded an average annual inflation rate of 4.84%, compared with 131% in Zimbabwe. In 2024, inflation was 9.3% in Nauru and 736% in Zimbabwe.

Balance of trade

Nauru Zimbabwe
Current account balance
$9.73M
2024
$501M
2024
Current account balance ranking
75/190
2024
62/190
2024
Current account balance, % of GDP
+5.98%
2024
+1.21%
2024
Goods imports
$92.7M
2024
$9.06B
2024
Goods exports
$25.5M
2024
$7.79B
2024
Service imports
$88.2M
2024
$1.66B
2024
Service exports
$64.6M
2024
$457M
2024
Imports of goods and services, % of GDP
110.5%
2024
23.4%
2024
Exports of goods and services, % of GDP
55.3%
2024
18%
2024

Economic freedom indices

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

Nauru Zimbabwe
Economic freedom 60 35.2
Economic freedom ranking 97/197 190/197
Property rights n/a 19.4
Government integrity n/a 20.7
Judicial effectiveness n/a 16.8
Tax burden n/a 73.6
Government spending n/a 93.9
Fiscal health n/a 52.4
Business freedom n/a 42
Labor freedom n/a 33.3
Monetary freedom n/a 0
Trade freedom n/a 50.4
Investment freedom n/a 10
Financial freedom n/a 10

Other economic metrics

Nauru Zimbabwe
Services, % of GDP n/a
50.6%
2024
Industry, % of GDP n/a
35%
2024
Agriculture, forestry, and fishing, % of GDP n/a
8.69%
2024
GNI, Atlas method
$244M
2024
$39.9B
2024
GNI per capita, PPP
$21,970
2024
$5,870
2024
Total reserves including gold n/a
$485M
2024
Total reserves ranking n/a
157/177
2024
Net foreign direct investment
$4.51M
2024
-$465M
2024
Net inflows of foreign direct investment
-$5.85M
2024
$465M
2024
Net outflows of foreign direct investment
-$1.34M
2024
$131M
2024
Servicing debt to the IMF, % of GNI n/a
3.44%
2024
Poverty at national poverty lines n/a
38.3%
2019
Gross capital formation, % of GDP n/a
8.85%
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/zimbabwe | CC BY

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Data sources:

  1. World Bank | Economy & Growth (1960–2024, retrieved 2026-04-06)
  2. International Monetary Fund (IMF) | Fiscal Monitor (2005–2024, 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.