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How the World's Richest Country Lost 90% of its GDP
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Manage episode 350655103 series 2780780
In the 1980s Nauru was the richest country in the world on a per capita basis. Nauru's wealth can be entirely attributed to its deposits on Phosphate, a substance used in fertilizers. However, by the early 2000s they had completely run out of Phosphate the country's GDP declined by more than 90%.
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282 에피소드
Fetch error
Hmmm there seems to be a problem fetching this series right now. Last successful fetch was on October 11, 2025 15:03 ()
What now? This series will be checked again in the next day. If you believe it should be working, please verify the publisher's feed link below is valid and includes actual episode links. You can contact support to request the feed be immediately fetched.
Manage episode 350655103 series 2780780
In the 1980s Nauru was the richest country in the world on a per capita basis. Nauru's wealth can be entirely attributed to its deposits on Phosphate, a substance used in fertilizers. However, by the early 2000s they had completely run out of Phosphate the country's GDP declined by more than 90%.
Learn more about your ad choices. Visit megaphone.fm/adchoices
282 에피소드
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