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CompareEconomy.com Comparison of world economies

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Economy power of Nauru & Palau

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Nauru vs Palau

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Nauru Palau
World map with selected countries highlighted.
World Rank 138 1.53 World Rank 153 1.38
The Republic of Nauru was formerly known as Pleasant Island. It is a microstate and an island country in one. Located in Oceania, in the Central Pacific, its nearest neighbour is Banaba Island, which is approximately 300 kilometers away.  More about Nauru The Republic of Palau is an island with approximately 340 smaller islands that combined give the area of 466 square kilometers. Located in the western Pacific Ocean, it is the part of the western chain of the Caroline Islands. The most populous island is Koror, but its capital is located on the nearby island of Babeldaob.  More about Palau

Gross domestic product (GDP, GDP PPP)

Gross domestic product (GDP)

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(United States of America (USA))

Nauru Palau
Position in the ranking of countries 178 (2023) 175 (2023)
GDP [US$] 154,170,289 281,849,062
Percentage of the other 54.7 % 182.8 %

Gross domestic product growth rate

Gross domestic product per capita

Gross domestic product (PPP)

Gross domestic product (PPP) per capita

Gross national income (GNI, Inflation)

Gross national income

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(United States of America (USA))

Nauru Palau
Position in the ranking of countries 176 (2023) 175 (2023)
GNI [US$] 262,445,000 266,049,062
Percentage of the other 98.6 % 101.4 %

Gross national income per capita

Inflation consumer prices (annual %)

International trade (Export, Import)

External balance on goods and services

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(China)

Nauru Palau
Position in the ranking of countries 63 (2023) 66 (2022)
External balance [US$] -86,376,199 -155,427,800
Percentage of the other 55.6 % 179.9 %

External balance on goods and services (% of GDP)

Exports of goods and services (current US$)

Exports of goods and services (% of GDP)

Imports of goods and services (current US$)

Imports of goods and services (% of GDP)

Employment by sector, Unemployment

Unemployment (% of total labor force)

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(Eswatini)

Nauru Palau
Position in the ranking of countries 63 (2023) 66 (2022)
Unemployment [%] - -
Percentage of the other - -

Employment in agriculture (% of total employment)

Employment in industry (% of total employment)

Employment in services (% of total employment)

Vulnerable employment (% of total employment)

Population (total, growth, density, demgraphy)

Total population

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(India)

Nauru Palau
Position in the ranking of countries 190 (2023) 189 (2023)
Population 11,875 17,727
Percentage of the other 67 % 149.3 %

Population growth (annual %)

Density

Gender

Demography