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Nauru Trade (% GDP)

Nauru's trade (% GDP) rose to 158.19% in 2024, up from 143.89% in 2023, according to World Bank. This represents an increase of 14.3% from the previous year. Nauru has the 16th highest trade (% GDP). Within Oceania, it ranks 1st out of 17 countries.

Yearly Historical Data (2008-2024)

(in %)
Year Trade (% GDP)
2024 158.19%
2023 143.89%
2022 167.54%
2021 110.72%
2020 135.15%
2019 156.27%
2018 140.7%
2017 142.71%
2016 170.61%
2015 201.14%
2014 198.02%
2013 179.35%
2012 120.72%
2011 129.56%
2010 100.25%
2009 145.5%
2008 166.13%
Nauru Trade (% GDP) : Definition
Trade (% GDP) measures the sum of exports and imports for Nauru divided by its total economic output, shown as a percentage.
Indicator Last Value Prior Value Period
Exports (% GDP) 39.48% 43.43% 2024
Imports (% GDP) 118.72% 100.46% 2024
Net Trade (Goods & Services, BoP) -$85.26M -$86.99M 2023
Tariff Rate 16.27% 17.59% 2021