Nauru GDP Per Capita 2024

[ Nominal GDP Per Capita in USD ]

Year -

$13,609.16

Source: world bank Nominal/PPP
Summary:

Nauru GDP Per Capita expanded from 1970 to 2024, increasing from $2,618.53 to $13,609.16 .The compound annual growth rate (CAGR) averaged 3.1% over the period. The economy recorded its peak level in 2021 and its lowest level in 2002. Growth volatility remained high. The maximum drawdown reached 68.39%, indicating the largest cyclical decline from peak levels. The country experienced 9 recession episode(s) during the observed period.

Latest GDP Per Capita of Nauru 2024 – Nominal vs PPP

MetricNominal GDP (Current USD)GDP (PPP, Int$)
Latest Year20242024
Latest GDP Per Capita$ 13,609.16 dollars$ 14,173.01 Int dollars
Growth (YoY)6.718%3.215%
Net Change vs Previous Year$ 856.69 dollars$ 441.44 Int dollars
% of World GDP Per Capita12.26%7.10%
MeaningNominal GDP Per Capita (Current USD, exchange-rate based)GDP (PPP, cost-of-living adjusted)
Nauru GDP | Nauru GDP Growth

Nauru Annual GDP Per Capita From 1960 to 2024

Source: Worldbank Nominal PPP

NominalPPP
YearDollar $Net Chg $% ChgInt $Net Chg $% Chg
1960------
1961------
1962------
1963------
1964------
1965------
1966------
1967------
1968------
1969------
19702618.53-----
19712811.21192.687.358 %---
19723190.59379.3713.495 %---
19733863.94673.3621.104 %---
19745199.261335.3234.559 %---
19755740.2540.9310.404 %---
19765703.2-37-0.645 %---
19775646.34-56.87-0.997 %---
19785721.3174.981.328 %---
19795949.56228.253.989 %---
19806137.68188.123.162 %---
19816593.91456.237.433 %---
19826576.83-17.07-0.259 %---
19835895.7-681.13-10.357 %---
19845653.96-241.74-4.1 %---
19854858.93-795.03-14.061 %---
19864568.68-290.25-5.974 %---
19874484.51-84.17-1.842 %---
19885011.58527.0711.753 %---
19895722.77711.1914.191 %---
19905775.5552.790.922 %16215.16--
19915333.38-442.17-7.656 %13265.17-2949.99-18.193 %
19925102.6-230.78-4.327 %11167.48-2097.69-15.814 %
19934310.24-792.35-15.528 %9512.73-1654.75-14.818 %
19943920.54-389.7-9.041 %9307.97-204.76-2.152 %
19953932.0911.550.295 %8726.05-581.92-6.252 %
19963678.56-253.53-6.448 %7818.15-907.9-10.405 %
19973661.03-17.53-0.477 %7230.95-587.2-7.511 %
19982908.85-752.18-20.546 %6449.62-781.33-10.805 %
19992682.69-226.15-7.775 %6117.87-331.75-5.144 %
20002648.6-34.09-1.271 %5838.38-279.48-4.568 %
20012232.31-416.29-15.717 %5587.1-251.28-4.304 %
20022084.65-147.66-6.615 %5132.47-454.63-8.137 %
20032463.28378.6318.163 %5260.71128.232.498 %
20043040.51577.2323.433 %5168.56-92.14-1.752 %
20052992.4-48.11-1.582 %5336.46167.893.248 %
20062910.14-82.26-2.749 %5974.82638.3611.962 %
20072272.15-637.99-21.923 %4788.52-1186.3-19.855 %
20083756.851484.6965.343 %5863.371074.8522.446 %
20094410.57653.7217.401 %5567.89-295.48-5.039 %
20104735.92325.357.377 %5620.452.510.943 %
20116444.041708.1236.067 %6544.1923.716.435 %
20129842.773398.7352.742 %8153.271609.1724.59 %
20138974.52-868.25-8.821 %8428.73275.463.379 %
20149230.05255.542.847 %9725.951297.2215.39 %
20157747.26-1482.8-16.065 %9955.34229.382.358 %
20168748.161000.912.919 %10281.27325.933.274 %
20179656.98908.8210.389 %9650.32-630.95-6.137 %
201811413.751756.7718.192 %9657.266.940.072 %
201910801.77-611.98-5.362 %10554.52897.269.291 %
202010709.07-92.7-0.858 %10810.95256.422.43 %
202114979.14270.0339.873 %12112.241301.2912.037 %
202212911.91-2067.19-13.801 %13245.111132.879.353 %
202312752.47-159.44-1.235 %13731.57486.463.673 %
202413609.16856.696.718 %14173.01441.443.215 %

Nauru Economic Phases (1970 - 2024)

From 1970 to 2024, Nauru economy moved through multiple cyclical phases marked by alternating periods of rapid expansion and contraction.

  • High Growth (1971–1975) indicating robust economic expansion
  • Contraction (1976–1977) indicating temporary slowdown
  • Expansion (1978–1980) indicating steady moderate growth
  • Contraction (1986–1987) indicating temporary slowdown
  • High Growth (1988–1989) indicating robust economic expansion
  • Contraction (1991–1992) indicating temporary slowdown
  • Contraction (1996–1997) indicating temporary slowdown
  • Contraction (1999–2000) indicating temporary slowdown
  • High Growth (2003–2004) indicating robust economic expansion
  • Contraction (2005–2006) indicating temporary slowdown
  • High Growth (2008–2012) indicating robust economic expansion
  • High Growth (2016–2018) indicating robust economic expansion
  • Contraction (2019–2020) indicating temporary slowdown
  • High Growth (2024–2024) indicating robust economic expansion

The most remarkable growth occurred in 2008 with an increase of 65.343%, while the largest decline was in 2007 at -21.923%.