National Debt (% of GDP): Nauru

Analysis# Nauru National Debt (% of GDP) Nauru's national debt currently stands at 13% of GDP in 2026, marking the lowest point in the available data range. This represents a dramatic recovery from the all-time peak of 298.9% in 2010, when the island nation faced severe fiscal distress. Since 2009, Nauru has achieved a total debt reduction of 95.6 percentage points, fundamentally transforming its fiscal position over roughly fifteen years. The most significant turning point occurred between 2020 and 2021, when debt plummeted from 56.3% to 20.5%—a drop of approximately 36 percentage points in a single year. From 2017 through 2026, Nauru maintained a consistent downward trajectory, declining from 78% to 13%. The projected continued decrease through 2026 suggests the nation has stabilized on a sustainable fiscal path after decades of debt vulnerability.