Nauru is an island country located in the Central Pacific Ocean. It is the third smallest country by land area and is considered the world's smallest independent republic. With a population of approximately 10,800, Nauru is known for its small and close-knit community.
Nauru's economy heavily relies on phosphate mining, which is its main source of revenue due to the country's abundance in phosphate deposits. However, these resources have significantly depleted over time. Nauru is also a popular offshore financial center due to its advantageous tax policies.
Geographically, Nauru is located northeast of Australia, northwest of Fiji, and southeast of the Marshall Islands. Nauru consists of a 21 square kilometer raised coral atoll, with a central plateau surrounded by a narrow coastal plain. Its climate is tropical, with high temperatures and humidity throughout the year.
Nauru gained independence from a trusteeship under the United Nations in 1968. Since then, it has experienced political stability, maintaining a parliamentary system with a unicameral legislature. The country is a member of several international organizations, including the United Nations and the Commonwealth of Nations.
Due to limited land area and environmental challenges such as soil erosion and limited freshwater sources, Nauru faces significant social and economic challenges. The government is actively working towards diversifying the economy by promoting tourism and sustainable development projects.
