Net investment in nonfinancial assets in Naoero
Naoero: Net investment in nonfinancial assets was 9.2% in 2024. ◆ Volatile
Net investment in nonfinancial assets in Naoero, 2014–2024
Source: Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in % of GDP.
Analysis
The most recent figure for net investment in nonfinancial assets in Naoero is 9.2%, measured in 2024.
Compared with earlier readings it is up 43.6% on the previous year and up 85.1% over ten years.
Over the whole period, net investment in nonfinancial assets in Naoero peaked at 19.7% in 2020 and was at its lowest, 3.4%, in 2016.
Naoero ranks 4th of 156 countries on this measure, in the top 10%.
The series is highly variable year to year, so single readings are best treated with caution.
Net investment in nonfinancial assets in Naoero, year by year
| Year | % of GDP | Change |
|---|---|---|
| 2014 | 4.9% | — |
| 2015 | 5.6% | +13.0% |
| 2016 | 3.4% | -38.4% |
| 2017 | 5.1% | +48.0% |
| 2018 | 8.2% | +61.7% |
| 2019 | 17.9% | +117.5% |
| 2020 | 19.7% | +10.0% |
| 2021 | 15.0% | -24.2% |
| 2022 | 14.3% | -4.2% |
| 2023 | 6.4% | -55.5% |
| 2024 | 9.2% | +43.6% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2010s | 7.5% | 3.4% | 17.9% | 6 |
| 2020s | 12.9% | 6.4% | 19.7% | 5 |
Countries ranked near Naoero
- 1 Tajikistan 11.4% compare
- 2 Burkina Faso 10.6% compare
- 3 Micronesia, Federated States of 10.5% compare
- 5 Rwanda 9.0% compare
- 6 Iraq 9.0% compare
- 7 Marshall Islands 8.8% compare
More public sector data for Naoero
- 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)
- Capital stock, General government, Constant prices, Purchasing power 0 (2019)
- Taxes on goods and services 2.7% (2024)
- Capital stock, General government, Current prices, Domestic currency 0 units per person (2019)
- Capital stock, General government, Current prices, Domestic currency 0 units per US$ of GDP (2019)
- Net lending (+) / net borrowing (-) 15.1% (2024)
- Capital stock, General government, Current prices, Domestic currency 0 units per square kilometre (2019)
Frequently asked questions
- What is net investment in nonfinancial assets in Naoero?
- Net investment in nonfinancial assets in Naoero was 9.2% in 2024, according to Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF).
- What is the highest net investment in nonfinancial assets recorded in Naoero?
- The highest recorded value was 19.7% in 2020.
- What is the lowest net investment in nonfinancial assets recorded in Naoero?
- The lowest recorded value was 3.4% in 2016.
- How does Naoero rank for net investment in nonfinancial assets?
- Naoero ranks 4th out of 156 countries with data for 2024.
- Is net investment in nonfinancial assets rising or falling in Naoero?
- Over the last ten years it is up 85.1%. The long-run trend across the full record is volatile.
- Where does this Naoero data come from?
- The figures come from Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF), published as part of Net investment in nonfinancial assets (% of GDP). Statizoid updates them automatically from the source API.
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About this data
Net investment in government nonfinancial assets includes fixed assets, inventories, valuables, and nonproduced assets. Nonfinancial assets are stores of value and provide benefits either through their use in the production of goods and services or in the form of property income and holding gains. Net investment in nonfinancial assets also includes consumption of fixed capital. 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.