Nauru
Description of Nauru
Nauru, a small island country in the Pacific Ocean, may be geographically modest in size, but its impact on the global stage has been significant. Known for its phosphate mining industry and unique history, Nauru has faced various challenges and transformations over the years. By delving into the intricate tapestry of Nauru's economy, culture, and geopolitics, we aim to provide a comprehensive exploration of this fascinating nation and its place in the world.
Population And Age Structure
1. Population, total: Nauru's total population of 12,315 is significantly below the average population of 40,097,746. Nauru is ranked 193 out of 194 countries in terms of population.
2. Population ages 0-14 (% of total population): Nauru has a higher percentage of population aged 0-14 at 38.97%, compared to the average of 27.34%. Nauru ranks 41 out of 194 countries for this demographic.
3. Population ages 0-14, total: With a total of 4,799 children aged 0-14, Nauru is significantly below the average of 10,327,380 children in this age group. The country ranks 190 out of 194 in this category.
4. Population ages 15-64 (% of total population): Nauru's percentage of population aged 15-64 stands at 58.91%, slightly below the average of 63.44%. The country ranks 145 out of 194 countries in this demographic.
5. Population ages 15-64, total: Nauru's total population aged 15-64 is 7,255, significantly lower than the average of 26,003,407. Nauru ranks 193 out of 194 countries for this age group.
6. Population ages 65 and above (% of total population): Nauru's percentage of population aged 65 and above is 2.12%, well below the average of 9.22%. The country ranks 189 out of 194 in this category.
7. Population ages 65 and above, total: Nauru has a total of 261 elderly residents, significantly below the average of 3,766,959. Nauru is ranked 194 out of 194 countries for this age group.
Summary
Nauru has a small population, with a higher percentage of children (0-14 years) and a lower percentage of elderly individuals (65 years and above) compared to the global average. The country also has a smaller working-age population (15-64 years) than average. These demographic indicators are crucial for understanding Nauru's social structure, healthcare needs, education requirements, and potential labor force challenges in the future.
Population Miscellaneous
Analysis of key statistics for the country of Nauru:
1. Urban population: Nauru has a focus country value of 12,315, significantly below the attribute average of 22,425,747. Nauru ranks 192 out of 194 countries in this data set.
2. Urban population (% of total population): Nauru has 100% urban population, which is far above the attribute average of 59.69%. Nauru ranks 3 out of 194 countries in this category.
3. Age dependency ratio (% of working-age population): Nauru's ratio of 69.75% is higher than the attribute average of 59.22%. Nauru ranks 50 out of 194 countries in this data set.
4. Birth rate, crude (per 1,000 people): Nauru's crude birth rate of 28.364 per 1,000 people is higher than the average of 19.38. Nauru ranks 42 out of 192 countries in this category.
5. Death rate, crude (per 1,000 people): Nauru's crude death rate of 6.602 per 1,000 people is below the average of 8.21. Nauru ranks 131 out of 192 countries in this data set.
6. Fertility rate, total (births per woman): Nauru has a fertility rate of 3.571 births per woman, higher than the average of 2.60. Nauru ranks 42 out of 190 countries in this category.
Summary
The analysis of key statistics for Nauru reveals several important trends. Nauru stands out for its 100% urban population and high age dependency ratio, indicating a unique demographic profile. The country also has elevated crude birth and fertility rates, which suggest potential challenges in healthcare and social services provision. Conversely, Nauru's low crude death rate may indicate a relatively healthy population. These indicators are crucial for understanding Nauru's population dynamics, social welfare needs, and healthcare demands, which are vital for policymakers and stakeholders in the country's development planning.
Natural Resources
Analysis of key statistics for Nauru:
1. Land area (sq. km): Nauru has a land area of 20 sq. km. This is significantly below the average land area of 665,166.51 sq. km, ranking Nauru 193rd out of 194 countries in the dataset.
2. Surface area (sq. km): Nauru's surface area of 20 sq. km is well below the average of 689,779.56 sq. km, placing Nauru at the 194th position out of 194 countries.
3. Renewable internal freshwater resources, total (billion cubic meters): Nauru's freshwater resources of 0.01 billion cubic meters are far lower than the average of 240.41 billion cubic meters. This places Nauru at the 177th rank out of 178 countries.
Summary
Nauru's small land area and limited freshwater resources place it at a significant disadvantage compared to other countries in the dataset. With challenges in land availability and freshwater supply, Nauru may face constraints in physical development, agricultural productivity, and overall sustainability. Addressing these limitations through innovative solutions and efficient resource management will be crucial for Nauru's long-term growth and resilience.
Commodities
Aquaculture production in Nauru is significantly below the average, with the country producing only 0.5 metric tons compared to the average of 679,642.9 metric tons. Nauru is ranked 179 out of 180 countries in this attribute.
Capture fisheries production in Nauru is also below average, with 92,388 metric tons compared to the average of 467,453.1 metric tons. Nauru is ranked 78 out of 190 countries in this attribute.
Total fisheries production in Nauru falls below the average, with 92,388.5 metric tons compared to the average of 1,153,914.9 metric tons. Nauru is ranked 83 out of 182 countries in this attribute.
Summary
Nauru's aquaculture production, capture fisheries production, and total fisheries production are all significantly below global averages, ranking poorly in comparison to other countries. These low production levels may indicate challenges in the country's fishing industry, potentially impacting food security, economic growth, and international trade opportunities. Addressing these issues could be crucial for Nauru's sustainable development and competitiveness in the global market.
Intellectual Property
Scientific and technical journal articles in Nauru account for 0.9% of the country's output. This is significantly below the average of 15103.76%. Nauru ranks 191 out of 192 countries in this dataset.
Summary
Scientific and technical journal articles in Nauru contribute only 0.9% to the country's output, which is remarkably lower than the global average of 15103.76%. This places Nauru at the 191st position out of 192 countries in the dataset, highlighting a considerable gap in research and innovation efforts compared to other nations.
These findings are crucial as they indicate Nauru's limited investment and focus on scientific research and technological advancements. Such low output in this key area could hinder the country's ability to compete on a global scale, innovate, and drive economic growth through knowledge-based industries in the long run.
Broad Economy Attributes
- Nauru's GDP (current US$) is 124,685,688.16, significantly below the average of 442,870,224,838.68,
ranking 188 out of 189 countries.
- Nauru's GDP, PPP (current international $) is 140,619,558.33, well below the average of
734,141,122,350.78, ranking 180 out of 181 countries.
- Nauru's GDP per capita (current US$) is 10,124.70, notably less than the average of 15,462.11, ranking
67 out of 190 countries.
- Nauru's GDP per capita, PPP (current international $) is 11,418.56, significantly lower than the average
of 21,251.89, ranking 104 out of 181 countries.
- Nauru's GNI (current US$) is 187,363,708.82, considerably below the average of 452,040,815,370.70,
ranking 184 out of 185 countries.
- Nauru's GNI, PPP (current international $) is 211,307,347.06, well below the average of
730,698,223,823.47, ranking 180 out of 181 countries.
- Nauru's GNI per capita, PPP (current international $) is 17,160, lower compared to the average of
20,615.75, ranking 71 out of 181 countries.
Summary
Nauru's macroeconomic indicators, including GDP, GDP per capita, and GNI, are all significantly below global averages, placing the country at very low rankings compared to other nations. These low figures indicate economic challenges and a relatively low standard of living for the population. Addressing these indicators are crucial for Nauru's economic development and improving the well-being of its people.
Money
1. Inflation, GDP deflator (annual %): In Nauru, the inflation rate based on the GDP deflator is 1.97%, which is lower than the average of 6.90%. Nauru ranks 95th out of 188 countries for this indicator.
Summary
Nauru's inflation rate, based on the GDP deflator, is relatively low at 1.97%, compared to the global average of 6.90%. This places Nauru in the 95th position out of 188 countries. A lower inflation rate indicates stable price levels and can signal a healthy and controlled economic environment. This can attract foreign investment, promote economic growth, and enhance the standard of living for the country's residents.
Broad Trade Attributes
Trade (% of GDP): Nauru's trade accounts for 134.95% of its GDP, surpassing the average of 82.34%. This places Nauru at rank 21 out of 163 countries.
Merchandise trade (% of GDP): Nauru's merchandise trade is at 56.94% of its GDP, below the average of 60.01%. This puts Nauru at rank 76 out of 186 countries.
External balance on goods and services (current US$): Nauru has an external balance of -59,661,431.43 USD, a figure significantly lower than the average of 3,405,509,011.13 USD. Nauru ranks 66 out of 163 countries.
External balance on goods and services (% of GDP): Nauru's external balance accounts for -47.85% of its GDP, greatly exceeding the average of -5.97%. This places Nauru at rank 160 out of 163 countries.
Summary
Nauru has a high trade dependency with trade accounting for 134.95% of its GDP, surpassing the global average. However, its merchandise trade percentage is slightly below average. Nauru's negative external balance, significantly lower than the average, indicates a trade deficit impacting its economy. The imbalance in external goods and services as a percentage of its GDP places Nauru at a disadvantage compared to other countries.
These statistics are crucial as they highlight Nauru's heavy reliance on trade and its concerning trade deficit. The negative external balance could signify challenges in achieving economic stability and sustainability, potentially requiring policy interventions to address the trade imbalance and strengthen the country's economic resilience.
Broad Export Attributes
Regarding Exports of goods and services (current US$), Nauru's value of $54,298,606.13 is significantly below the attribute average of $129,596,864,610.19. Nauru ranks 162 out of 163 countries in this data set.
On the other hand, for Exports of goods and services (% of GDP), Nauru's value of 43.55% is above the attribute average of 38.19%. Nauru ranks 44 out of 163 countries in this dataset.
Summary
Nauru has a relatively low value of exports of goods and services in terms of current US dollars compared to the average of the countries in the dataset, indicating potential challenges in generating income from exports. However, Nauru's high percentage of exports of goods and services compared to its GDP suggests that export activities play a significant role in its economy, which could be crucial for driving economic growth and stability.
Merchandise Exports
Merchandise exports for Nauru amount to $12,000,000, significantly below the average of $89,542,711,229.95. Nauru ranks 185th out of 187 countries in this attribute.
Summary
Nauru's merchandise exports totaling $12,000,000 are considerably lower than the global average of $89,542,711,229.95. This places Nauru at 185th out of 187 countries in terms of merchandise exports, indicating a significant challenge in competing in international trade. This low level of exports could hinder Nauru's economic growth and development, highlighting the need for diversification of its economy and the promotion of trade relationships to boost export figures.
Broad Import Attributes
Imports of goods and services (current US$): In Nauru, the value of imports of goods and services is $113,960,037.57. This is significantly below the average value of $126,191,355,599.06. Nauru ranks 163 out of 163 countries in this attribute data.
Imports of goods and services (% of GDP): Nauru's imports of goods and services account for 91.40% of its GDP. This is notably above the average of 44.15%. Nauru is ranked 10 out of 163 countries in this attribute data.
Summary
Nauru's imports of goods and services are considerably lower than the global average, standing at $113,960,037.57 compared to $126,191,355,599.06. However, the proportion of imports to GDP in Nauru is significantly high at 91.40%, surpassing the average of 44.15%. These indicators suggest that while Nauru's total import volume is small, it heavily impacts its economy, indicating a high dependency on foreign goods and services which can pose risks in terms of trade imbalances and economic stability.
Merchandise Imports
1. Nauru's Merchandise imports amount to $59,000,000, which is significantly below the attribute average of $89,385,605,263. Nauru ranks 189th out of 190 countries in this category.
Summary
Nauru's merchandise imports are notably low at $59,000,000, well below the global average of $89,385,605,263. This places Nauru in the 189th position out of 190 countries, highlighting its minimal participation in international trade. This indicator is crucial as it signifies the country's limited access to external goods, potential impact on domestic prices and availability of products, and its level of integration into the global economy.
Infrastructure
1. Air transport, freight (million ton-km): Nauru has a value of 2.72839 million ton-km, which is significantly below the attribute average of 1384.36544 million ton-km. This places Nauru at a rank of 91 out of 126 countries in the dataset.
2. Air transport, registered carrier departures worldwide: Nauru records 335 departures, much lower than the attribute average of 134365.60536 departures. This positions Nauru at a rank of 145 out of 149 countries.
3. Air transport, passengers carried: Nauru transports 9356 passengers, a notable difference from the attribute average of 11848242.70037 passengers. Nauru ranks 142 out of 149 countries in this aspect.
Summary
Nauru lags behind global averages in key air transport indicators, with significantly lower freight ton-km, registered carrier departures, and passengers carried. These statistics indicate that Nauru's air transport sector is underdeveloped compared to other countries, potentially limiting its connectivity, trade capabilities, and tourist influx. Addressing these inefficiencies and investing in air transport infrastructure could boost Nauru's economic growth and international integration.
Information Technology Infrastructure
1. Secure Internet servers: Nauru has 4 secure internet servers, significantly below the average of 458,294. Nauru ranks 190th out of 193 countries for this attribute.
2. Secure Internet servers (per 1 million people): Nauru has 324.81 secure internet servers per 1 million people, well below the average of 14,067.17. Nauru ranks 107th out of 193 countries for this attribute.
3. Individuals using the Internet (% of population): In Nauru, 76.68% of the population uses the internet, which is above the average of 64.77%. Nauru ranks 78th out of 180 countries for this attribute.
4. Mobile cellular subscriptions: Nauru has 10,000 mobile cellular subscriptions, significantly below the average of 42,526,463.87. Nauru ranks 192nd out of 193 countries for this attribute.
Summary
Nauru lags behind global averages in key internet and mobile technology metrics. With significantly fewer secure internet servers and mobile cellular subscriptions per capita, Nauru ranks near the bottom globally. However, there is a relatively high percentage of the population using the internet compared to the global average. These indicators are crucial as they reflect Nauru's connectivity and technological advancement, impacting areas such as education, communication, business efficiency, and overall development in an increasingly digital world.
Energy Consumption
Regarding Renewable energy consumption (% of total final energy consumption), Nauru's value of 1.4% is significantly lower than the average of 32.18%. This places Nauru at a rank of 171 out of 191 countries in the dataset.
As for CO2 emissions (kt), Nauru's emissions of 41.4 kt are substantially lower than the average of 171895.94 kt. Nauru ranks 187th out of 188 countries in terms of CO2 emissions among the dataset.
Summary
Nauru demonstrates a significantly low utilization of renewable energy compared to the global average, ranking 171st out of 191 countries. Additionally, Nauru's CO2 emissions are notably lower than the worldwide average, positioning the country at 187th out of 188 countries for CO2 emissions. These statistics indicate Nauru's limited environmental impact but also suggest an opportunity for the nation to further develop sustainable energy practices to align with global climate goals.
Government Balance Sheet
For the attribute Net acquisition of financial assets (% of GDP), Nauru has a value of 30.70%, which is significantly higher than the average of 2.45%. Nauru is ranked 1st out of 87 countries in this dataset.
Regarding the attribute Net incurrence of liabilities, total (% of GDP), Nauru's value is -2.02%, below the average of 7.43%. Nauru is ranked 92nd out of 92 countries for this indicator.
Summary
Nauru has a remarkably high percentage of net acquisition of financial assets compared to the global average, positioning it as a leader in this aspect. However, its low ranking in the net incurrence of liabilities indicates a conservative approach to borrowing and potential limitations in capital accumulation. These indicators are crucial as they reflect Nauru's financial stability, investment strategies, and overall economic resilience in the global market.
Government Revenue
Revenue, excluding grants (% of GDP): Nauru's value of 138.82% is significantly above the average of 27.02%. This places Nauru at the top rank out of 122 countries in this dataset.
Grants and other revenue (% of revenue): Nauru's value of 71.58% is notably above the average of 23.54%. Nauru ranks 7th out of 108 countries in this attribute data.
Taxes on goods and services (% of revenue): Nauru's value of 0.89% is considerably below the average of 31.82%. This places Nauru at the bottom rank out of 122 countries.
Taxes on international trade (% of revenue): Nauru's value of 6.15% is slightly below the average of 6.24%. Nauru ranks 35th out of 101 countries in this dataset.
Taxes on income, profits and capital gains (% of revenue): Nauru's value of 21.38% is slightly below the average of 24.66%. Nauru ranks 67th out of 119 countries in this dataset.
Summary
Nauru stands out in terms of its revenue composition compared to other countries, with exceptionally high revenue excluding grants and a significant reliance on grants and other revenue sources. However, Nauru's low contribution from taxes on goods and services places it at the bottom rank globally in this aspect. These statistics are crucial as they indicate Nauru's heavy dependence on external assistance and grants, potentially highlighting vulnerabilities in its revenue generation capabilities and the need for diversification and strengthening of domestic tax systems.
Taxes
1. Tax revenue (% of GDP): Nauru's tax revenue accounts for 44.35% of its GDP, significantly higher than the average of 16.72%. This places Nauru at the top rank out of 123 countries in the dataset for this attribute.
2. Customs and other import duties (% of tax revenue): Nauru's value for this attribute is 21.63%, which is notably above the average of 9.01%. This places Nauru at the 11th rank out of 99 countries in the dataset.
3. Taxes on income, profits and capital gains (% of total taxes): Nauru relies heavily on these taxes, with a percentage of 75.23%, much higher than the average of 38.40%. Nauru ranks 4th out of 120 countries in this category.
4. Tariff rate, applied, weighted mean, all products (%): Nauru's tariff rate is 14.39%, which is higher than the average of 5.21%. This places Nauru at the 4th rank out of 153 countries in the dataset for this attribute.
Summary
Nauru stands out in its tax revenue generation, customs and import duties collection, reliance on taxes related to income, profits, and capital gains, and tariff rates compared to global averages. Its high tax revenue, customs duties, and tariff rates indicate a significant contribution to government coffers and suggest a protective stance on international trade. The heavy reliance on income-related taxes showcases a preference for direct taxation on individuals and businesses, potentially impacting investment and economic decision-making within the country.
Government Expenses
1. Expense (% of GDP): Nauru's expense as a percentage of GDP is 103.60%, significantly higher than the average of 31.69%. This places Nauru at rank 1 out of 123 countries in the dataset.
2. Compensation of employees (% of expense): Nauru's compensation of employees is 33.94% of its expenses, which is higher than the average of 24.70%. Nauru ranks 30 out of 123 countries for this attribute.
3. Goods and services expense (% of expense): Nauru's expenditure on goods and services accounts for 35.60% of its expenses, well above the average of 14.77%. This places Nauru at rank 6 out of 122 countries.
4. Other expense (% of expense): Nauru's other expenses make up 4.48% of its total expenses, below the average of 8.29%. Nauru ranks 80 out of 120 countries in this category.
5. Subsidies and other transfers (% of expense): Nauru allocates 25.98% of its expenses to subsidies and transfers, lower than the average of 43.29%. This places Nauru at rank 97 out of 121 countries included in the dataset.
Summary
Nauru exhibits high levels of expense as a percentage of GDP, primarily driven by significant allocations towards compensation of employees and goods/services expenses. Despite comparatively lower spending on other expenses and subsidies/transfers, Nauru's allocation patterns contribute to its top-ranking position in terms of total expenses. These indicators highlight Nauru's fiscal priorities and resource allocation strategies, shedding light on its economic structure and government spending patterns.
Top Stats
Ranks in Top Decile For:
| Attribute | Rank/Total |
|---|---|
| Urban population (% of total population) | 3/194 |
| Imports of goods and services (% of GDP) | 10/163 |
| Net acquisition of financial assets (% of GDP) | 1/87 |
| Revenue, excluding grants (% of GDP) | 1/122 |
| Grants and other revenue (% of revenue) | 7/108 |
| Tax revenue (% of GDP) | 1/123 |
| Taxes on income, profits and capital gains (% of total taxes) | 4/120 |
| Tariff rate, applied, weighted mean, all products (%) | 4/153 |
| Expense (% of GDP) | 1/123 |
| Goods and services expense (% of expense) | 6/122 |
Ranks in Bottom Decile For:
| Attribute | Rank/Total |
|---|---|
| Population, total | 193/194 |
| Population ages 0-14, total | 190/194 |
| Population ages 15-64, total | 193/194 |
| Population ages 65 and above (% of total population) | 189/194 |
| Population ages 65 and above, total | 194/194 |
| Urban population | 192/194 |
| Land area (sq. km) | 193/194 |
| Surface area (sq. km) | 194/194 |
| Renewable internal freshwater resources, total (billion cubic meters) | 177/178 |
| Aquaculture production (metric tons) | 179/180 |
| Scientific and technical journal articles | 191/192 |
| GDP (current US$) | 188/189 |
| GDP, PPP (current international $) | 180/181 |
| GNI (current US$) | 184/185 |
| GNI, PPP (current international $) | 180/181 |
| External balance on goods and services (% of GDP) | 160/163 |
| Exports of goods and services (current US$) | 162/163 |
| Merchandise exports (current US$) | 185/187 |
| Imports of goods and services (current US$) | 163/163 |
| Merchandise imports (current US$) | 189/190 |
| Air transport, registered carrier departures worldwide | 145/149 |
| Air transport, passengers carried | 142/149 |
| Secure Internet servers | 190/193 |
| Mobile cellular subscriptions | 192/193 |
| CO2 emissions (kt) | 187/188 |
| Net incurrence of liabilities, total (% of GDP) | 92/92 |
| Taxes on goods and services (% of revenue) | 122/122 |