Nauru: Trade (% of GDP)
In , Nauru's Trade (% of GDP) was 165.85.
That's up 15.2% from 2023, the highest value since .
The global average for this indicator in 2024 was 92.19 . Nauru ranks #11 globally out of 160 reporting countries. Within East Asia & Pacific, it ranks #4 of 24.
Source: World Bank Open Data (NE.TRD.GNFS.ZS) • Data as of 2024
Trend (2008–2024)
- 2008 · Global financial crisis
- 2020 · COVID-19 pandemic
- 2014 · Oil price collapse
- 2022 · Russia–Ukraine war begins
Highlights
- Peak
- 200.00
- Trough
- 100.00
- 1-year change
- +15.2%
- 5-year change
- +6.4%
- +1.2% / yr
- 10-year change
- -15.9%
- -1.7% / yr
Historical Data — Last 10 Years
| Year | Trade (% of GDP) |
|---|---|
| 165.8468 | |
| 143.9556 | |
| 167.3388 | |
| 110.7963 | |
| 134.9801 | |
| 155.9067 | |
| 140.6401 | |
| 142.0690 | |
| 170.1493 | |
| 200.0000 |
About Trade (% of GDP)
Trade is the sum of exports and imports of goods and services. This indicator is expressed as a percentage of Gross Domestic Product (GDP) which is the total income earned through the production of goods and services in an economic territory during an accounting period.
Indicator code: NE.TRD.GNFS.ZS • Category: Economy
Frequently asked questions
- What was Nauru's Trade (% of GDP) in 2024?
- In 2024, Nauru's Trade (% of GDP) was 165.85, according to World Bank Open Data.
- Is Nauru's Trade (% of GDP) rising or falling?
- Nauru's Trade (% of GDP) rose 15.2% from 2023 to 2024.
- How does Nauru rank globally on Trade (% of GDP)?
- In 2024, Nauru ranked #11 out of 160 countries reporting Trade (% of GDP).
- How does Nauru's Trade (% of GDP) compare to the world average?
- The global average for Trade (% of GDP) in 2024 was 92.19, so Nauru is above the world average. Within East Asia & Pacific, it ranks #4 of 24.
- What is Trade (% of GDP) and how is it measured?
- Trade is the sum of exports and imports of goods and services. This indicator is expressed as a percentage of Gross Domestic Product (GDP) which is the total income earned through the production of goods and services in an economic territory during an accounting period.
Source: World Bank Open Data (NE.TRD.GNFS.ZS), CC BY 4.0.