Naoero—Fiscal Balance (% of GDP)
Category: Fiscal & MonetarySource: IMF World Economic Outlook ↗Global Rank: #2 of 192Updated August 2026
Latest Value
15.5%
2031
YoY Change
+3.3%
2030 → 2031
Global Rank
#2
of 192 countries
Maximum
52.4%
2021
Minimum
0.1%
2010
CAGR
+18.1%
23 years
Last
15.5%
Previous
15.0%
Highest
52.4%
Lowest
0.1%
Unit
Percent of GDP
Source
IMF World Economic Outlook
Naoero's fiscal balance (% of GDP) was 13.1% in 2026, ranking #2 out of 192 countries. This represents a +3.3% change from 2030. Over the past 18 years, the highest recorded value was 52.4% (2021) and the lowest was 0.1% (2010). The IMF WEO projects 15.5% by 2031. Data sourced from the IMF World Economic Outlook.
Nauru's fiscal balance was 9.5% of GDP in 2026, ranking 3rd globally, unchanged from the previous year.
Actual
IMF Forecast
Source: IMF World Economic Outlook
Historical Data
| Year | Value | Change |
|---|---|---|
| 2031 | 15.5% | +3.3% |
| 2030 | 15.0% | +7.9% |
| 2029 | 13.9% | +3.7% |
| 2028 | 13.4% | +30.1% |
| 2027 | 10.3% | -21.4% |
| 2026 | 13.1% | +274.3% |
| 2025 | 3.5% | -87.9% |
| 2024 | 28.9% | +58.8% |
| 2023 | 18.2% | -11.2% |
| 2022 | 20.5% | -60.9% |
| 2021 | 52.4% | +22.4% |
| 2020 | 42.8% | +38.1% |
| 2019 | 31.0% | +4.7% |
| 2018 | 29.6% | +82.7% |
| 2017 | 16.2% | -14.3% |
| 2016 | 18.9% | +76.6% |
| 2015 | 10.7% | -63.9% |
| 2014 | 29.6% | +1641.2% |
| 2013 | 1.7% | -79.0% |
| 2012 | 8.1% | +200.0% |
| 2011 | 2.7% | +2600.0% |
| 2010 | 0.1% | -75.0% |
| 2009 | 0.4% |
IMF Forecast
Projections from the IMF World Economic Outlook. These are staff estimates, not guarantees.
| Year | Projected Value | Change from Previous |
|---|---|---|
| 2026Forecast | 13.1% | +274.3% |
| 2027Forecast | 10.3% | -21.4% |
| 2028Forecast | 13.4% | +30.1% |
| 2029Forecast | 13.9% | +3.7% |
| 2030Forecast | 15.0% | +7.9% |
| 2031Forecast | 15.5% | +3.3% |
Top Countries — Fiscal Balance (% of GDP)
| # | Country | Value | Year |
|---|---|---|---|
| 1 | Kuwait | 27.6% | 2026 |
| 2 | Naoero | 13.1% | 2026 |
| 3 | Norway | 10.2% | 2026 |
| 4 | Oman | 5.2% | 2026 |
| 5 | United Arab Emirates | 4.9% | 2026 |
| 6 | Macao SAR, China | 4.2% | 2026 |
| 7 | Lesotho | 4.2% | 2026 |
| 8 | Singapore | 3.3% | 2026 |
| 9 | Lebanon | 3.3% | 2025 |
| 10 | Liechtenstein | 3.0% | 2026 |
About This Indicator
Definition
General government net lending/borrowing as a percentage of GDP. A positive value indicates a fiscal surplus; negative indicates a deficit.
Methodology
Revenue minus expenditure minus net acquisition of nonfinancial assets, as a percentage of GDP. A comprehensive measure of the fiscal balance.
Unit
Percent of GDP