Net incurrence of liabilities, total (% of GDP) in Nauru
Nauru: Net incurrence of liabilities, total (% of GDP) was -2.0% in 2020. ◆ Volatile
Net incurrence of liabilities, total in Nauru, 2014–2020
Source: Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in % of GDP.
Analysis
The most recent figure for net incurrence of liabilities, total in Nauru is -2.0%, measured in 2020.
Compared with earlier readings it is down 227.8% on the previous year and up 82.8% over ten years.
That places Nauru 134th out of 136 countries with data for 2020, putting it in the bottom quarter.
Net incurrence of liabilities, total (% of GDP) in Nauru, year by year
| Year | % of GDP | Change |
|---|---|---|
| 2014 | -11.7% | — |
| 2015 | 23.0% | -295.9% |
| 2016 | 1.7% | -92.8% |
| 2017 | 8.3% | +401.9% |
| 2018 | 0.3% | -96.4% |
| 2019 | 1.6% | +433.3% |
| 2020 | -2.0% | -227.7% |
Nauru compared with similar countries
- Nauru's -2.0% is below the median for high income countries, which is 3.5%. (41 countries reporting)
- Nauru's -2.0% is below the median for East Asia & Pacific, which is 2.0%. (24 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2010s | 3.8% | -11.7% | 23.0% | 6 |
| 2020s | -2.0% | -2.0% | -2.0% | 1 |
Countries ranked near Nauru
- 131 Seychelles -1.2%
- 132 Luxembourg -1.3%
- 133 East Timor -1.9% compare
- 135 Samoa -2.4% compare
- 136 Kiribati -2.9% compare
More public sector data for Nauru
- Democracy, annual growth rate 0 % change on previous year (2025)
- Chief executive of the government is elected, annual growth rate 0 % change on previous year (2025)
- Elected parliament, annual growth rate 0 % change on previous year (2025)
- Men's universal right to vote, annual growth rate 0 % change on previous year (2025)
- Universal right to vote, annual growth rate 0 % change on previous year (2025)
- Universal right to vote in practice, annual growth rate 0 % change on previous year (2025)
- Tax revenue 21.4% (2024)
- Capital stock, General government, Current prices, Domestic currency 0 (2019)
- Taxes on income, profits and capital gains 8.7% (2024)
- Capital stock, General government, Constant prices, Percent of GDP 0 (2019)
Frequently asked questions
- What is net incurrence of liabilities, total in Nauru?
- Net incurrence of liabilities, total in Nauru was -2.0% in 2020, according to Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF).
- What is the highest net incurrence of liabilities, total recorded in Nauru?
- The highest recorded value was 23.0% in 2015.
- What is the lowest net incurrence of liabilities, total recorded in Nauru?
- The lowest recorded value was -11.7% in 2014.
- How does Nauru rank for net incurrence of liabilities, total?
- Nauru ranks 134th out of 136 countries with data for 2020.
- Is net incurrence of liabilities, total rising or falling in Nauru?
- Over the last ten years it is up 82.8%. The long-run trend across the full record is volatile.
- Where does this Nauru data come from?
- The figures come from Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF), published as part of Net incurrence of liabilities, total (% of GDP). Statizoid updates them automatically from the source API.
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About this data
Net incurrence of government liabilities includes foreign financing (obtained from nonresidents) and domestic financing (obtained from residents), or the means by which a government provides financial resources to cover a budget deficit or allocates financial resources arising from a budget surplus. The net incurrence of liabilities should be offset by the net acquisition of financial assets. 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.