Gross Domestic Product — Value Standard Local Currency in Nauru
Nauru: Gross Domestic Product — Value Standard Local Currency was 287.75 million SLC in 2024. ◆ Volatile
Gross Domestic Product — Value Standard Local Currency in Nauru, 1970–2024
Source: Food and Agriculture Organization of the United Nations. Measured in million SLC.
Analysis
In 2024, gross domestic product — value standard local currency in Nauru stood at 287.75 million SLC. That is the highest value across all 55 years on record.
Compared with earlier readings it is up 8.7% on the previous year and up 95.3% over ten years.
Over the whole period, gross domestic product — value standard local currency in Nauru peaked at 287.75 million SLC in 2024 and was at its lowest, 13.7 million SLC, in 1970.
Nauru ranks 216th of 218 countries on this measure, in the bottom quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Gross Domestic Product — Value Standard Local Currency in Nauru, year by year
| Year | million SLC | Change |
|---|---|---|
| 1970 | 13.7 million SLC | — |
| 1971 | 14.83 million SLC | +8.2% |
| 1972 | 16.25 million SLC | +9.6% |
| 1973 | 18.09 million SLC | +11.3% |
| 1974 | 21.33 million SLC | +17.9% |
| 1975 | 25.65 million SLC | +20.3% |
| 1976 | 27.92 million SLC | +8.8% |
| 1977 | 30.8 million SLC | +10.3% |
| 1978 | 32.34 million SLC | +5.0% |
| 1979 | 34.16 million SLC | +5.7% |
| 1980 | 36.8 million SLC | +7.7% |
| 1981 | 38.89 million SLC | +5.7% |
| 1982 | 41.86 million SLC | +7.6% |
| 1983 | 45.21 million SLC | +8.0% |
| 1984 | 45.68 million SLC | +1.0% |
| 1985 | 47.31 million SLC | +3.6% |
| 1986 | 49.87 million SLC | +5.4% |
| 1987 | 52.96 million SLC | +6.2% |
| 1988 | 55.14 million SLC | +4.1% |
| 1989 | 57.65 million SLC | +4.5% |
| 1990 | 63.08 million SLC | +9.4% |
| 1991 | 58.47 million SLC | -7.3% |
| 1992 | 58.08 million SLC | -0.7% |
| 1993 | 54.13 million SLC | -6.8% |
| 1994 | 50.18 million SLC | -7.3% |
| 1995 | 47.02 million SLC | -6.3% |
| 1996 | 43.12 million SLC | -8.3% |
| 1997 | 41.67 million SLC | -3.4% |
| 1998 | 38.2 million SLC | -8.3% |
| 1999 | 38.09 million SLC | -0.3% |
| 2000 | 37.46 million SLC | -1.7% |
| 2001 | 36.81 million SLC | -1.7% |
| 2002 | 35.09 million SLC | -4.7% |
| 2003 | 37.16 million SLC | +5.9% |
| 2004 | 37.56 million SLC | +1.1% |
| 2005 | 34.43 million SLC | -8.3% |
| 2006 | 33.72 million SLC | -2.1% |
| 2007 | 27.62 million SLC | -18.1% |
| 2008 | 49.53 million SLC | +79.3% |
| 2009 | 69.55 million SLC | +40.4% |
| 2010 | 64.62 million SLC | -7.1% |
| 2011 | 85.23 million SLC | +31.9% |
| 2012 | 116.42 million SLC | +36.6% |
| 2013 | 122.41 million SLC | +5.2% |
| 2014 | 147.35 million SLC | +20.4% |
| 2015 | 138.9 million SLC | -5.7% |
| 2016 | 154.91 million SLC | +11.5% |
| 2017 | 167.63 million SLC | +8.2% |
| 2018 | 195.38 million SLC | +16.6% |
| 2019 | 202.31 million SLC | +3.6% |
| 2020 | 215.03 million SLC | +6.3% |
| 2021 | 271.68 million SLC | +26.3% |
| 2022 | 245.09 million SLC | -9.8% |
| 2023 | 264.74 million SLC | +8.0% |
| 2024 | 287.75 million SLC | +8.7% |
Biggest year-on-year movements
Years where Gross Domestic Product — Value Standard Local Currency 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 |
|---|---|---|---|
| 2008 | +79.3% | 27.62 million SLC | 49.53 million SLC |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 23.51 million SLC | 13.7 million SLC | 34.16 million SLC | 10 |
| 1980s | 47.14 million SLC | 36.8 million SLC | 57.65 million SLC | 10 |
| 1990s | 49.2 million SLC | 38.09 million SLC | 63.08 million SLC | 10 |
| 2000s | 39.89 million SLC | 27.62 million SLC | 69.55 million SLC | 10 |
| 2010s | 139.52 million SLC | 64.62 million SLC | 202.31 million SLC | 10 |
| 2020s | 256.86 million SLC | 215.03 million SLC | 287.75 million SLC | 5 |
Countries ranked near Nauru
- 213 Yemen Dem 372.01 million SLC compare
- 214 Palau 313.62 million SLC compare
- 215 Marshall Islands 291.85 million SLC compare
- 217 Montserrat 225.56 million SLC compare
- 218 Tuvalu 105.98 million SLC compare
More economy & growth data for Nauru
- Gross Fixed Capital Formation — Share of GDP Standard Local Currency 24.63 % (2024)
- Gross Fixed Capital Formation — Value US$ 46.77 million USD (2024)
- Gross Fixed Capital Formation — Value Standard Local Currency, 2015 40.86 million SLC (2024)
- Gross Fixed Capital Formation — Value US$, 2015 prices 30.7 million USD (2024)
- Gross Fixed Capital Formation — Share of GDP US$ 24.63 % (2024)
- Gross Fixed Capital Formation — Share of GDP US$, 2015 prices 24.31 % (2024)
- Gross Fixed Capital Formation — Annual growth Standard Local -2.65 % (2024)
- Gross Fixed Capital Formation — Annual growth US$, 2015 prices -2.65 % (2024)
- Gross Fixed Capital Formation — Annual growth US$ 4.64 % (2024)
- Gross Domestic Product — Value US$ per capita 15,895 USD (2024)
Frequently asked questions
- What is gross domestic product — value standard local currency in Nauru?
- Gross domestic product — value standard local currency in Nauru was 287.75 million SLC in 2024, according to Food and Agriculture Organization of the United Nations.
- What is the highest gross domestic product — value standard local currency recorded in Nauru?
- The highest recorded value was 287.75 million SLC in 2024.
- What is the lowest gross domestic product — value standard local currency recorded in Nauru?
- The lowest recorded value was 13.7 million SLC in 1970.
- How does Nauru rank for gross domestic product — value standard local currency?
- Nauru ranks 216th out of 218 countries with data for 2024.
- Is gross domestic product — value standard local currency rising or falling in Nauru?
- Over the last ten years it is up 95.3%. The long-run trend across the full record is volatile.
- Where does this Nauru data come from?
- The figures come from Food and Agriculture Organization of the United Nations, published as part of Gross Domestic Product — Value Standard Local Currency. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 55 observations, free to reuse under CC BY-NC-SA 3.0 IGO (FAO).
About this data
The FAOSTAT Macro Indicators database provides a selection of country-level macro indicators relating to total economy (Gross Domestic Product, Gross Fixed Capital Formation); agriculture activity; agriculture, forestry and fishing activity; total manufacturing activity; manufacturing of food products and beverages activity; manufacturing activity of tobacco products; and manufacturing activity of food, beverage and tobacco products.It releases time series for a selection of National Accounts variables, including gross domestic product, gross fixed capital formation, industry-level value added and gross output. The database also proposes additional indicators such as gross domestic product per capita, year-on-year growth rates and measures of industry contribution to gross domestic product. All data relating to Gross Domestic Product, Gross Fixed Capital Formation, agriculture, forestry and fishing activity, and to total manufacturing activity originates from the United Nations Statistics Division (UNSD) National Accounts Estimates of Main Aggregates database, which consists of a complete and consistent set of time series of the main National Accounts aggregates of all UN Members States and other territories in the world for which National Accounts information is available. The UNSD database's content is based on the countries' official National Accounts data reported to UNSD through the annual National Accounts Questionnaire, supplemented with data estimates for any years and countries with incomplete or inconsistent information (See http://unstats.un.org/unsd/snaama/Introduction.asp). Data series relating to the sub-industry Agriculture activity are obtained from the UNSD national accounts Official Country Data databases while series on the Manufacturing activity of food and beverages products, manufacturing activity of tobacco products and manufacturing activity of food, beverages and tobacco products originates from the United Nations Industrial Development Organization (UNIDO) INDSTAT2 database. In order to ensure that sub-industry series are consistent in levels with National Accounts based series, which is needed to support comparability across industries (agriculture vs. agro-industry and sub-industries), UNIDO originating series are rescaled on UNSD National Accounts Estimates of Main Aggregates data series (See Section 17.5 for a more detailed description of the data processing steps).