Gross Domestic Product — Value Standard Local Currency, annual growth in Nauru
Nauru: Gross Domestic Product — Value Standard Local Currency, annual growth was 8.69 % change on previous year in 2024. ◆ Volatile
Gross Domestic Product — Value Standard Local Currency, annual growth in Nauru, 1971–2024
Source: Statizoid (derived). Measured in % change on previous year.
Analysis
In 2024, gross domestic product — value standard local currency, annual growth in Nauru stood at 8.69 % change on previous year.
Compared with earlier readings it is up 8.4% on the previous year and down 57.3% over ten years.
Over the whole period, gross domestic product — value standard local currency, annual growth in Nauru peaked at 79.33 % change on previous year in 2008 and was at its lowest, -18.09 % change on previous year, in 2007.
That places Nauru 78th out of 218 countries with data for 2024, putting it in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Gross Domestic Product — Value Standard Local Currency, annual growth in Nauru, year by year
| Year | % change on previous year | Change |
|---|---|---|
| 1971 | 8.19 % change on previous year | — |
| 1972 | 9.61 % change on previous year | +17.3% |
| 1973 | 11.3 % change on previous year | +17.6% |
| 1974 | 17.95 % change on previous year | +58.8% |
| 1975 | 20.26 % change on previous year | +12.9% |
| 1976 | 8.82 % change on previous year | -56.5% |
| 1977 | 10.32 % change on previous year | +17.1% |
| 1978 | 4.99 % change on previous year | -51.7% |
| 1979 | 5.66 % change on previous year | +13.3% |
| 1980 | 7.73 % change on previous year | +36.6% |
| 1981 | 5.66 % change on previous year | -26.7% |
| 1982 | 7.64 % change on previous year | +35.0% |
| 1983 | 8 % change on previous year | +4.7% |
| 1984 | 1.05 % change on previous year | -86.9% |
| 1985 | 3.57 % change on previous year | +241.6% |
| 1986 | 5.41 % change on previous year | +51.4% |
| 1987 | 6.18 % change on previous year | +14.3% |
| 1988 | 4.13 % change on previous year | -33.3% |
| 1989 | 4.54 % change on previous year | +10.1% |
| 1990 | 9.43 % change on previous year | +107.7% |
| 1991 | -7.32 % change on previous year | -177.6% |
| 1992 | -0.6647 % change on previous year | -90.9% |
| 1993 | -6.8 % change on previous year | +922.6% |
| 1994 | -7.3 % change on previous year | +7.3% |
| 1995 | -6.3 % change on previous year | -13.7% |
| 1996 | -8.29 % change on previous year | +31.6% |
| 1997 | -3.38 % change on previous year | -59.2% |
| 1998 | -8.32 % change on previous year | +146.1% |
| 1999 | -0.2819 % change on previous year | -96.6% |
| 2000 | -1.67 % change on previous year | +492.8% |
| 2001 | -1.74 % change on previous year | +3.9% |
| 2002 | -4.67 % change on previous year | +169.1% |
| 2003 | 5.91 % change on previous year | -226.6% |
| 2004 | 1.07 % change on previous year | -81.9% |
| 2005 | -8.33 % change on previous year | -877.7% |
| 2006 | -2.06 % change on previous year | -75.3% |
| 2007 | -18.09 % change on previous year | +777.2% |
| 2008 | 79.33 % change on previous year | -538.5% |
| 2009 | 40.42 % change on previous year | -49.0% |
| 2010 | -7.09 % change on previous year | -117.5% |
| 2011 | 31.88 % change on previous year | -549.9% |
| 2012 | 36.6 % change on previous year | +14.8% |
| 2013 | 5.15 % change on previous year | -85.9% |
| 2014 | 20.37 % change on previous year | +295.3% |
| 2015 | -5.73 % change on previous year | -128.1% |
| 2016 | 11.53 % change on previous year | -301.0% |
| 2017 | 8.21 % change on previous year | -28.8% |
| 2018 | 16.55 % change on previous year | +101.6% |
| 2019 | 3.55 % change on previous year | -78.5% |
| 2020 | 6.29 % change on previous year | +77.0% |
| 2021 | 26.34 % change on previous year | +319.1% |
| 2022 | -9.79 % change on previous year | -137.2% |
| 2023 | 8.02 % change on previous year | -181.9% |
| 2024 | 8.69 % change on previous year | +8.4% |
Biggest year-on-year movements
Years where Gross Domestic Product — Value Standard Local Currency, annual growth in Nauru changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 1993 | -922.6% | -0.6647 % change on previous year | -6.8 % change on previous year |
| 2005 | -877.7% | 1.07 % change on previous year | -8.33 % change on previous year |
| 2007 | -777.2% | -2.06 % change on previous year | -18.09 % change on previous year |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 10.79 % change on previous year | 4.99 % change on previous year | 20.26 % change on previous year | 9 |
| 1980s | 5.39 % change on previous year | 1.05 % change on previous year | 8 % change on previous year | 10 |
| 1990s | -3.92 % change on previous year | -8.32 % change on previous year | 9.43 % change on previous year | 10 |
| 2000s | 9.02 % change on previous year | -18.09 % change on previous year | 79.33 % change on previous year | 10 |
| 2010s | 12.1 % change on previous year | -7.09 % change on previous year | 36.6 % change on previous year | 10 |
| 2020s | 7.91 % change on previous year | -9.79 % change on previous year | 26.34 % change on previous year | 5 |
Countries ranked near Nauru
- 75 Philippines 8.77 % change on previous year compare
- 76 United Republic of Tanzania 8.76 % change on previous year compare
- 77 Mauritius 8.73 % change on previous year compare
- 79 Cote d'Ivoire 8.65 % change on previous year compare
- 80 Peru 8.63 % change on previous year compare
- 81 Cuba 8.51 % change on previous year compare
More economy & growth data for Nauru
- Gross Fixed Capital Formation — Annual growth US$, 2015 prices -2.65 % (2024)
- Gross Fixed Capital Formation — Share of GDP US$ 24.63 % (2024)
- Gross Fixed Capital Formation — Share of GDP US$, 2015 prices 24.31 % (2024)
- Gross Fixed Capital Formation — Share of GDP Standard Local Currency 24.63 % (2024)
- Gross Fixed Capital Formation — Share of GDP Standard Local Currency 24.31 % (2024)
- Gross Fixed Capital Formation — Annual growth Standard Local Currency 5.34 % (2024)
- Gross Fixed Capital Formation — Annual growth Standard Local -2.65 % (2024)
- Gross Fixed Capital Formation — Annual growth US$ 4.64 % (2024)
- Gross Domestic Product — Value Standard Local Currency, 2015 prices 1.76 % change on previous year (2024)
- Gross Domestic Product — Value US$, 2015 prices, annual growth rate 1.76 % change on previous year (2024)
Frequently asked questions
- What is gross domestic product — value standard local currency, annual growth in Nauru?
- Gross domestic product — value standard local currency, annual growth in Nauru was 8.69 % change on previous year in 2024, according to Statizoid (derived).
- What is the highest gross domestic product — value standard local currency, annual growth recorded in Nauru?
- The highest recorded value was 79.33 % change on previous year in 2008.
- What is the lowest gross domestic product — value standard local currency, annual growth recorded in Nauru?
- The lowest recorded value was -18.09 % change on previous year in 2007.
- How does Nauru rank for gross domestic product — value standard local currency, annual growth?
- Nauru ranks 78th out of 218 countries with data for 2024.
- Is gross domestic product — value standard local currency, annual growth rising or falling in Nauru?
- Over the last ten years it is down 57.3%. The long-run trend across the full record is volatile.
- Where does this Nauru data come from?
- The figures come from Statizoid (derived), published as part of Gross Domestic Product — Value Standard Local Currency, annual growth rate. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 54 observations, free to reuse under Derived by Statizoid from the sources named on the page.
How this figure is calculated
The year-on-year percentage change in Gross Domestic Product — Value Standard Local Currency. Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.
Computed from
- Gross Domestic Product — Value Standard Local Currency Food and Agriculture Organization of the United Nations
Statizoid computes this series; the underlying measurements belong to the publishers named above. The arithmetic is applied to every country and year where both inputs report, and nothing is estimated unless the page says so.
About this data
The year-on-year percentage change in Gross Domestic Product — Value Standard Local Currency. Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.