AO, Intelsat (nonsignatory user), Interpol, ITU, Sparteca,
SPC, SPF, UPU, WHO
Diplomatic representation in US: Nauru does not have an embassy in
the US
US diplomatic representation: the US does not have an embassy in
Nauru; the US Ambassador to Fiji is accredited to Nauru
Flag: blue with a narrow, horizontal, yellow stripe across the
center and a large white 12-pointed star below the stripe on the
hoist side; the star indicates the country's location in relation to
the Equator (the yellow stripe) and the 12 points symbolize the 12
original tribes of Nauru
Economy
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Economic overview: Revenues come from the export of phosphates,
the reserves of which are expected to be exhausted by the year 2000.
Phosphates have given Nauruans one of the highest per capita incomes
in the Third World. Few other resources exist, so most necessities
must be imported, including fresh water from Australia. The
rehabilitation of mined land and the replacement of income from
phosphates are serious long-term problems. Substantial amounts of
phosphate income are invested in trust funds to help cushion the
transition. However, dividends from the trusts have declined sharply
since 1990 and the government has been borrowing from the trusts to
finance fiscal deficits.
GDP: purchasing power parity - $100 million (1993 est.)
GDP real growth rate: NA%
GDP per capita: $10,000 (1993 est.)
GDP composition by sector:
agriculture: NA%
industry: NA%
services: NA%
Inflation rate (consumer prices): -3.6% (1993)
Labor force:
by occupation: NA
Unemployment rate: 0%
Budget:
revenues: $23.8 million
expenditures: $69.2 million, including capital expenditures of $NA
(FY92/93)
Industries: phosphate mining, financial services, coconut products
Industrial production growth rate: NA%
Electricity:
capacity: 14,000 kW
production: 30 million kWh
consumption per capita: 3,036 kWh (1993)
Agriculture: coconuts predominate
Exports: $25.3 million (f.o.b., 1991)
commodities: phosphates
partners: Australia, NZ
Imports: $21.1 million (c.i.f., 1991)
commodities: food, fuel, manufactures, building materials, machinery
partners: Australia, UK, NZ, Japan
External debt: $33.3 million
Economic aid:
recipient: ODA, $NA
Currency: 1 Australian dollar ($A) = 100 cents
Exchange rates: Australian dollars ($A) per US$1 - 1.3477 (January
1996), 1.3486 (1
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