Naoero: Portfolio investment, net (current US$, BoP)

Key figures

What the numbers say

In 2024, Naoero's portfolio investment, net (current US$, BoP) rose US$5.58 million on 2023 (from US$23.6 million to US$29.18 million).

Across the 15 yearly changes before that (2009 to 2023), the average change was +US$2.94 million and a typical year strayed about US$19.04 million from that (the standard deviation). This year's change was 0.1 standard deviations above that average, so it was an ordinary year: it sits within the range of normal year-to-year movement.

On record, the biggest yearly rise was US$53.35 million in 2021 and the biggest yearly fall was US$40.75 million in 2022. The numbers show how large and when, not why; for the cause, look at what happened in that country in those years.

From 2015 to 2024 there is no clear straight-line trend: a straight line explains 27% of the movement over 10 observed years, so the value is moving around more than it is heading anywhere.

Worked out from the yearly values above. How the checks work: standard deviation, z-scores and straight-line trends.

How it compares

In 2024, Naoero had the 6th highest value of the 23 economies reporting that year. Higher is not always better: for some indicators the lowest value is the one to aim for. See the full ranking.

Closest to Naoero in the 2024 ranking

• Jordan — 3rd of 23: US$212.39 million
• Namibia — 4th of 23: US$73.91 million
• Fiji — 5th of 23: US$61.56 million
• Zimbabwe — 7th of 23: US$22.6 million
• Rwanda — 8th of 23: US$18.57 million
• Papua New Guinea — 9th of 23: US$8.04 million

What this measures

Portfolio investment includes cross-border flows and positions involving debt or equity securities, other than those included in direct investment or reserve assets. This indicator is expressed in current prices, meaning no adjustment has been made to account for price changes over time. This indicator is expressed in United States dollars.

All 17 values

Portfolio investment, net (current US$, BoP) in nearby economies

• Australia — −US$20.11 billion (2025)
• Brunei Darussalam — −US$599.11 million (2025)
• Cambodia — −US$146.84 million (2025)
• China — US$425.59 billion (2025)
• Fiji — US$61.56 million (2024)
• French Polynesia — US$7.32 million (2016)
• Hong Kong SAR, China — US$62.54 billion (2025)
• Indonesia — US$9.2 billion (2025)
• Japan — −US$105.45 billion (2025)
• Kiribati

More economic policy & debt data for Naoero

• GDP (current US$) — US$176.04 million (2025)
• GDP (current LCU) — 272 million (2025)
• GDP (constant 2015 US$) — US$100.29 million (2025)
• GDP (constant LCU) — 130.26 million (2025)
• GDP per capita (current US$) — US$14,640 (2025)
• GDP per capita (current LCU) — 22,620 (2025)
• GDP per capita (constant 2015 US$) — US$8,340 (2025)
• GDP per capita (constant LCU) — 10,832 (2025)
• GNI (current US$) — US$250.47 million (2025)
• GNI (current LCU) — 387 million (2025)
• GNI per capita (current LCU) — 32,183 (2025)

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Questions people ask

What is Naoero's portfolio investment, net (current US$, BoP)?

US$29.18 million in 2024, according to the World Bank (World Development Indicators).

How has it changed since 2008?

It is up 242.58% from −US$20.46 million in 2008. The highest value was US$74.34 million in 2021 and the lowest −US$20.46 million in 2008.

How does Naoero rank?

6th highest of 23 economies with data for 2024.

Is the latest change in portfolio investment, net (current US$, BoP) unusual for Naoero?

In 2024, Naoero's portfolio investment, net (current US$, BoP) rose US$5.58 million on 2023 (from US$23.6 million to US$29.18 million). Across the 15 yearly changes before that (2009 to 2023), the average change was +US$2.94 million and a typical year strayed about US$19.04 million from that (the standard deviation). This year's change was 0.1 standard deviations above that average, so it was an ordinary year: it sits within the range of normal year-to-year movement.

Source

World Bank, World Development Indicators, indicator BN.KLT.PTXL.CD, licensed CC BY 4.0. Original source: Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF) Figures are fetched from the World Bank API and refreshed monthly; see the series on data.worldbank.org. The full definition and method are in the World Bank's metadata glossary. Comparisons use the same World Bank release.

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