NAURU

Country risk rating

D4

HIGH RISK for enterprise

  • Economic risk

  • Business environment risk

  • Political risk

  • Commercial risk

  • Financing risk

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GDP USD0.115bn (World ranking 204, World Bank 2018)
Population 0.013mn (World ranking 215, World Bank 2018)
Form of state Parliamentary Republic
Head of government Lionel AINGIMEA (President)
Next elections 2022, presidential and legislative
  • Close relationship with Australia, which pays Nauru to receive migrants
  • An isolated island country with a very small population
  • Natural resources (mainly phosphate), which that made the island very rich in the 1970s, are now exhausted
  • Arable land is too polluted to be exploited
  • Unemployment rate of 90%
  • Huge problem with obesity (about 71% of the population)
  • Weak business environment, including feeble rule of law and a high level of perceived corruption

Contact

Contact Euler Hermes

Economic Research Team

research@eulerhermes.com

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