Naoero's service imports (current US$, BoP) was US$88.22 million in 2024, the latest year in the World Bank's World Development Indicators. That is up 111.95% from US$41.62 million in 2014 (7.8% a year on average, compounded).
Key figures
| Value | Year | |
|---|---|---|
| Latest | US$88.22 million | 2024 |
| Five years earlier | US$44.15 million | 2019 |
| Ten years earlier | US$41.62 million | 2014 |
| Highest | US$88.22 million | 2024 |
| Lowest | US$6.13 million | 2008 |
| Average since 2015 | US$49.73 million | 2015–2024 |
| First recorded | US$6.13 million |
What the numbers say
In 2024, Naoero's service imports (current US$, BoP) rose 44.2% on 2023 (from US$61.18 million to US$88.22 million).
Across the 15 yearly changes before that (2009 to 2023), the average change was +20.8% and a typical year strayed about 37.6% from that (the standard deviation). This year's change was 0.6 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 126.7% in 2011 and the biggest yearly fall was 11.5% in 2015. 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 the straight-line trend is upward, about US$4.63 million a year. A straight line explains 72% of the movement over 10 observed years.
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 29th highest value of the 29 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.
| Value | Year | |
|---|---|---|
| Naoero | US$88.22 million | 2024 |
| World | US$8.75 trillion | 2025 |
| East Asia & Pacific | US$2.09 trillion | 2025 |
| High income | US$6.82 trillion | 2025 |
Closest to Naoero in the 2024 ranking
- Solomon Islands — 25th of 29: US$248.42 million
- Bhutan — 26th of 29: US$227.83 million
- Guinea-Bissau — 27th of 29: US$198.43 million
- Marshall Islands — 29th of 29: US$64.21 million
What this measures
Imports of services are services provided by non-residents to residents. This indicator is expressed in current prices, meaning no adjustment has been made to account for price changes over time. This indicator is expressed in United States dollars.
Regional and income-group figures are computed by the World Bank as a gap-filled total.
All 17 values
| Year | Service imports (current US$, BoP) |
|---|---|
| 2024 | 88,220,959 |
| 2023 | 61,176,205 |
| 2022 | 63,290,438 |
| 2021 | 47,018,178 |
| 2020 | 41,526,317 |
| 2019 | 44,151,543 |
| 2018 | 36,999,495 |
| 2017 | 37,894,999 |
| 2016 | 40,156,906 |
| 2015 | 36,819,994 |
| 2014 |
Service imports (current US$, BoP) in nearby economies
- Australia — US$116.08 billion (2025)
- Brunei Darussalam — US$1.54 billion (2025)
- Cambodia — US$3.22 billion (2025)
- China — US$622.79 billion (2025)
- Fiji — US$995.84 million (2024)
- French Polynesia — US$384.04 million (2016)
- Hong Kong SAR, China — US$93.42 billion (2025)
- Indonesia — US$62.78 billion (2025)
- Japan — US$269.16 billion (2025)
- Kiribati — US$101.87 million (2025)
- Korea, Rep.
More economic policy & debt data for Naoero
- GDP (current US$) — 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$250.47 million (2025)
- GNI (current LCU) — 387 million (2025)
- GNI per capita (current LCU) — 32,183 (2025)
Reading data like this
Questions people ask
- What is Naoero's service imports (current US$, BoP)?
- US$88.22 million in 2024, according to the World Bank (World Development Indicators).
- How has it changed since 2008?
- It is up 1,340% from US$6.13 million in 2008 (18.14% a year on average, compounded). The highest value was US$88.22 million in 2024 and the lowest US$6.13 million in 2008.
- How does Naoero rank?
- 29th highest of 29 economies with data for 2024.
- Is the latest change in service imports (current US$, BoP) unusual for Naoero?
- In 2024, Naoero's service imports (current US$, BoP) rose 44.2% on 2023 (from US$61.18 million to US$88.22 million). Across the 15 yearly changes before that (2009 to 2023), the average change was +20.8% and a typical year strayed about 37.6% from that (the standard deviation). This year's change was 0.6 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 BM.GSR.NFSV.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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