Economy of Nauru - Wikipedia
The economy of Nauru is tiny, based on a population in 2019 of only 11,550 people. [12] The economy has historically been based on phosphate mining . With primary phosphate reserves exhausted by the end of the 2010s, Nauru has sought to diversify its sources of income.
Nauru | Land, People, Culture, Economy, Society, & History
Nov 19, 2024 · For decades it was Nauru’s main resource and sole export, dominating the island’s economy, and its quality was the highest in the world. The phosphate industry and government services together provided almost all of the island’s salaried employment.
Nauru - The World Factbook
Nov 14, 2024 · As its economy faltered, Nauru briefly tried to rebrand itself as an offshore banking haven, an initiative that ended in 2005, and the country made a successful bid for Russian humanitarian aid in 2008.
Nauru Country/Economy Profile - Asian Development Bank
The economy recovered slightly, growing by 1.5% in fiscal year 2021 (FY2021, ended 30 June), higher than its 0.8% growth in FY 2020. Pandemic-related restrictions continued to dampen economic growth, even as the economy was supported by COVID-19 response measures.
Nauru | Economy Profile | Prosperity Data360 - World Bank
For Regional and Income Group breakdowns, visit: World Bank Country and Lending Groups. Explore Nauru economic data on Prosperity Data360.
Nov 17, 2023 · Nauru is vulnerable to the negative effects of climate change, as the population inhabit in a narrow coastal area. The health and economic impact of the pandemic has been limited in Nauru, thanks to successful vaccination and containment strategies . Outlook and risks: Growth is expected to moderate over the medium term due to the
GDP (current US$) - Nauru | Data - World Bank Data
World Bank national accounts data, and OECD National Accounts data files.
Nauru: Economy - Asian Development Bank
ADB supports Nauru in the completion of the Aiwo Port and a solar power system; preparing an urban development project; and strengthening reforms in public sector management, state-owned enterprises, and social protection. Nauru's GDP is expected to grow by 1.6% in 2023 and 2024 – ADO September 2023.
Nauru - The World Factbook
Dec 14, 2021 · Few comprehensive statistics on the Nauru economy exist; estimates of Nauru's GDP vary widely. The rehabilitation of mined land and the replacement of income from phosphates are serious long-term problems.
Nauru - The Observatory of Economic Complexity
In 2022, Nauru exported a total of $198M, making it the number 189 exporter in the world. During the last five reported years the exports of Nauru have changed by $173M from $25.2M in 2017 to $198M in 2022. The most recent exports are led by ($143M), ($44.3M), ($1.77M), ($1.45M), and …