Tag Archives: Nauru

Nauru is a small island nation located in the central Pacific Ocean with a population of around 11,000 people. The country has a mixed economy and its GDP per capita is among the highest in the region. Services account for around 50% of GDP, industry contributes around 38%, and agriculture makes up the remaining 12%. Nauru’s economy is heavily reliant on natural resources such as phosphate, which is mined in large quantities and exported to other countries. Tourism is also an important source of income for Nauru which accounts for up to 10% of GDP annually due to its stunning beaches, wildlife and unique culture. Manufacturing also plays an important role in the Nauruan economy with food processing, beverages production, textiles manufacturing and metalworking being some of the most important sectors. Agriculture is also an important sector in Nauru although it only accounts for less than 5% of GDP annually due to its limited arable land. Livestock production is the main agricultural activity with cattle, goats and pigs being the most widely produced followed by poultry, sheep and horses. The majority of agricultural produce is consumed domestically while some products are exported to other countries for sale on international markets. Additionally, Nauru’s economy benefits from low taxes which attract foreign investors who choose to invest in or do business in Nauru due to its favorable tax environment. Agriculture has been a part of the Nauruan culture for centuries. The country has a long history of subsistence farming, with small-scale farmers cultivating crops such as bananas, coconuts, yams, and taro. In addition to these crops, the country also produces a variety of fruits and vegetables. In recent decades, new technologies have been introduced in Nauru that have allowed farmers to increase their yields significantly. These include modern irrigation techniques, improved fertilizers and pesticides as well as mechanized farming equipment. Additionally, greenhouses have been constructed in various parts of the country that allow farmers to grow crops year-round even in colder climates. The government provides subsidies for farmers to purchase equipment and supplies needed for agricultural production; this has allowed many farmers to expand their operations and increase their yields significantly. Additionally, new technologies such as hydroponics have been introduced in recent years that allow farmers to grow crops indoors year-round even in hotter climates. This has led to increased food security for many Nauruan families who can now access a variety of fresh produce throughout the year despite varying weather conditions across different regions in Nauru. See smber for Nauru Agriculture and Fishing.