Nauru

The exact origins of the Nauruans are unclear, since their language does not resemble any other in the Pacific. The island was annexed by Germany in 1888 and its phosphate deposits began to be mined early in the 20th century by a German-British consortium. Nauru was occupied by Australian forces in World War I and subsequently became a League of Nations mandate. After the Second World War - and a brutal occupation by Japan - Nauru became a UN trust territory. It achieved its independence in 1968 and joined the UN in 1999 as the world's smallest independent republic.

Main Airports

Nauru International Airport (INU)

U.S. Embassy

31 Loftus Street, Suva (Fiji)
tel: 679-331-4466
http://suva.usembassy.gov/

Statistics

GDP: purchasing power parity:

$60 million (2005 est.)

GDP - real growth rate:

NA%

GDP - per capita: purchasing power parity:

5,000 (2005 est.)

Inflation rate (consumer prices):

-3.6% (1993)

Labor force:

NA

Exports:

$64,000 f.o.b. (2005 est.)

Exports - partners:

South Africa 56.4%, India 15.3%, South Korea 6.7%, Canada 5.8% (2005)

Imports:

$20 million c.i.f. (2004 est.)

Imports - partners:

South Korea 43.4%, Australia 35.8%, US 5.9%, Germany 4.3% (2005)

Population:

13,287 (July 2006 est.)

Population growth rate:

1.81% (2006 est.)

Population Below Poverty Line:

NA

Major Industries:

phosphate mining, offshore banking, coconut products

Employing Workers: *

Registering Property: *

Enforcing Contracts: *

Closing a Business: *

*2006 World Bank rank out of 175 countries

Starting a Business

The table below shows the number of steps and the amount of time needed to start a business, on average

Indicator

Nauru

Region

• Agriculture
• Apparel
• Arts & Crafts
• Automobile
• Bags, Cases & Boxes
• Chemicals
• Computer Hardware & Software
• Construction & Real Estate
• Consumer Electronics
• Electrical & Electronics
• Energy & Environment
• Food & Beverage
• Furniture & Furnishing
• Health & Medicine
• Home Supplies
• Industrial Supplies
• Lights & Lighting
• Machinery
• Mineral & Materials
• Office Supplies
• Security & Protection
• Service
• Sports & Entertainment
• Telecommunications
• Textile
• Toys
• Transportation