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Economy of Belarus vs Fiji compared: GDP & Debt

Updated on by Georank team

Belarus has a GDP of $76B compared to $5.97B for Fiji, ranking 83/197 and 161/197 by economy size, respectively.

Belarus has $30.3B in government debt (39.9% of GDP), compared to $4.54B (76.2% of GDP) in Fiji.

Belarus vs Fiji GDP by year

Belarus
Fiji
1x
Year GDP, current $
Belarus Fiji
2024 $75,961,865,472 $5,968,125,909
2023 $72,478,760,370 $5,476,673,518
2022 $73,775,179,925 $4,977,861,886
2021 $69,673,747,132 $4,158,873,156
2020 $61,371,673,345 $4,227,719,873
2019 $64,410,170,653 $5,344,907,153
2018 $60,031,026,576 $5,581,425,327
2017 $54,725,405,751 $5,353,469,174
2016 $47,723,545,321 $4,930,213,644
2015 $56,454,769,845 $4,682,479,894
2014 $78,813,069,121 $4,857,104,769
2013 $75,527,558,966 $4,189,967,999
2012 $65,685,890,439 $3,972,028,104
2011 $61,762,382,328 $3,779,411,899
2010 $57,231,904,543 $3,140,166,713
2009 $50,873,167,326 $2,870,624,636
2008 $60,752,106,347 $3,523,185,920
2007 $45,275,711,996 $3,378,314,600
2006 $36,961,894,281 $3,076,305,453
2005 $30,210,091,837 $2,980,403,845
2004 $23,141,566,293 $2,708,078,477
2003 $17,825,444,724 $2,300,492,465
2002 $14,594,900,945 $1,833,279,985
2001 $12,354,820,144 $1,652,462,023
2000 $12,736,856,828 $1,678,219,508
1999 $12,138,486,532 $1,936,459,986
1998 $15,222,012,660 $1,653,146,717
1997 $14,128,408,566 $2,090,221,137
1996 $14,500,437,520 $2,128,696,644
1995 $13,972,683,274 $1,970,301,486
1994 $14,931,435,232 $1,825,732,093
1993 $16,275,073,527 $1,636,101,247
1992 $16,939,790,094 $1,532,411,039
1991 $18,404,907,975 $1,383,883,250
1990 $17,389,558,233 $1,337,017,559
1989 - $1,182,660,266
1988 - $1,110,009,523
1987 - $1,177,947,965
1986 - $1,290,267,340
1985 - $1,141,168,944
1984 - $1,178,000,678
1983 - $1,123,085,190
1982 - $1,194,059,943
1981 - $1,235,626,771
1980 - $1,202,618,816
1979 - $1,019,691,460
1978 - $829,267,889
1977 - $719,501,766
1976 - $694,540,806
1975 - $684,282,434
1974 - $558,587,097
1973 - $425,950,488
1972 - $316,656,649
1971 - $247,749,328
1970 - $219,878,482
1969 - $182,182,068
1968 - $166,952,937
1967 - $162,625,886
1966 - $150,603,926
1965 - $147,084,750
1964 - $140,032,741
1963 - $129,454,729
1962 - $122,906,435
1961 - $116,987,785
1960 - $112,328,422

Data sources: World Bank | Economy & Growth (1960–2024, retrieved 2026-04-06).

GeoRank.org/economy/belarus/fiji | CC BY

GDP per capita in Belarus vs Fiji by year

Belarus
GDP per capita

GDP per capita, PPP
Fiji
GDP per capita

GDP per capita, PPP
1x
Year Current $
Belarus Fiji
GDP per capita GDP per capita, PPP GDP per capita GDP per capita, PPP
2024 $8,318 $33,010 $6,426 $15,450
2023 $7,897 $30,834 $5,926 $14,644
2022 $7,995 $28,429 $5,414 $12,982
2021 $7,490 $27,611 $4,537 $10,322
2020 $6,543 $24,872 $4,621 $10,716
2019 $6,838 $22,302 $5,842 $12,978
2018 $6,360 $20,026 $6,085 $12,984
2017 $5,786 $18,414 $5,827 $12,585
2016 $5,040 $17,832 $5,364 $11,766
2015 $5,967 $18,134 $5,098 $11,519
2014 $8,341 $19,038 $5,293 $10,516
2013 $7,998 $19,014 $4,572 $8,842
2012 $6,953 $18,115 $4,341 $8,204
2011 $6,528 $16,563 $4,140 $7,672
2010 $6,035 $15,339 $3,449 $7,339
2009 $5,352 $14,034 $3,164 $7,068
2008 $6,376 $13,886 $3,900 $7,154
2007 $4,735 $12,320 $3,763 $6,990
2006 $3,848 $10,995 $3,455 $6,921
2005 $3,126 $9,637 $3,378 $6,652
2004 $2,378 $8,483 $3,097 $6,463
2003 $1,820 $7,362 $2,656 $6,033
2002 $1,479 $6,697 $2,137 $5,914
2001 $1,244 $6,238 $1,945 $5,699
2000 $1,276 $5,796 $1,996 $5,521
1999 $1,211 $5,331 $2,328 $5,552
1998 $1,511 $5,061 $2,010 $5,090
1997 $1,396 $4,596 $2,574 $5,031
1996 $1,427 $4,039 $2,648 $5,109
1995 $1,371 $3,846 $2,467 $4,818
1994 $1,460 $4,190 $2,297 $4,627
1993 $1,590 $4,641 $2,070 $4,334
1992 $1,658 $4,917 $1,951 $4,172
1991 $1,805 $5,330 $1,775 $3,873
1990 $1,707 $5,220 $1,729 $3,882
1989 - - $1,543 -
1988 - - $1,463 -
1987 - - $1,569 -
1986 - - $1,745 -
1985 - - $1,577 -
1984 - - $1,667 -
1983 - - $1,628 -
1982 - - $1,773 -
1981 - - $1,879 -
1980 - - $1,873 -
1979 - - $1,627 -
1978 - - $1,355 -
1977 - - $1,204 -
1976 - - $1,186 -
1975 - - $1,188 -
1974 - - $984 -
1973 - - $762 -
1972 - - $575 -
1971 - - $458 -
1970 - - $414 -
1969 - - $350 -
1968 - - $327 -
1967 - - $326 -
1966 - - $310 -
1965 - - $311 -
1964 - - $306 -
1963 - - $291.4 -
1962 - - $285.5 -
1961 - - $280.3 -
1960 - - $277.4 -

Data sources: World Bank | Economy & Growth (1960–2024, retrieved 2026-04-06).

GeoRank.org/economy/belarus/fiji | CC BY

Belarus' GDP per capita is $8,318, ranking 92/197, compared to $6,426 in Fiji, ranking 108/197. Adjusted for purchasing power (GDP per capita PPP), Belarus ranks 68th at $33,010, while Fiji ranks 113th at $15,450.

Economic indicators

Belarus Fiji
Gross domestic product
$76B
2024
$5.97B
2024
GDP rank
83/197
2024
161/197
2024
GDP growth
4.01%
2023-2024
3.53%
2023-2024
GDP per capita
$8,318
2024
$6,426
2024
GDP per capita rank
92/197
2024
108/197
2024
GDP per capita, PPP
$33,010
2024
$15,450
2024
GDP per capita PPP rank
68/197
2024
113/197
2024
Government debt
$30.3B
2024
$4.54B
2024
Debt-to-GDP ratio
39.9%
2024
76.2%
2024
Government debt per person
$3,318
2024
$4,893
2024
Government debt per person rank
97/185
2024
80/185
2024
Average annual personal income after taxes
$7,345
2026
$6,964
2026
Market capitalization of domestic companies
$6.01B
2024
n/a
Income share by richest 10%
20.7%
2020
24.2%
2019
Income share by poorest 10%
4.5%
2020
3.5%
2019
Government expenditure, % of GDP
40.9%
2024
29.7%
2024
Consumer prices inflation
5.7%
2023-2024
4.51%
2023-2024
Central bank interest rate
9.75%
2025
0.25%
2020
Unemployment rate
3.04%
2024
5.36%
2024
Population
9013835
938628

Spending and national debt comparison by year

Belarus
Spending

Debt
Fiji
Spending

Debt
1x
Year % of GDP
Belarus Fiji
Government spending Government debt Government spending Government debt
2024 40.9% 39.9% 29.7% 76.2%
2023 40.3% 40.7% 28.8% 79.1%
2022 38% 40.8% 30.9% 83.3%
2021 36.7% 41.2% 36.7% 89%
2020 38% 47.5% 36.2% 72.9%
2019 37.4% 41% 30.8% 49.7%
2018 37.8% 47.5% 31.8% 44.8%
2017 39% 53.2% 27.3% 42.2%
2016 40.7% 53.5% 31.4% 43.6%
2015 41.8% 53% 29.8% 43%
2014 38.8% 38.8% 29.1% 44.5%
2013 40.8% 36.9% 25.1% 45.8%
2012 38.9% 36.9% 25.5% 47.7%
2011 40.3% 58.2% 25.3% 48.6%
2010 44.3% 36.8% 24.8% 51.8%
2009 51.7% 32.5% 26.2% 51.5%
2008 60% 20.3% 22.6% 47.5%
2007 49.2% 15.8% 23.3% 46%
2006 47.2% 12.3% 24.8% 49.2%
2005 45% 8.12% 23.3% 44%
2004 44% 9.22% 24% 44.5%
2003 43.5% - 25.8% 44.9%
2002 43.8% - 27.4% 43.4%
2001 42.4% - 26.4% 41%
2000 - - 24.8% 36.9%
1999 - - 23.2% 32.7%
1998 - - 26.8% 36.6%
1997 - - 29.1% 54.1%
1996 - - 26.4% 48.8%
1995 - - 23.2% 48.4%
1994 - - 24.3% 47.6%
1993 - - 25.7% 44.3%
1992 - - 25.8% 42.2%

Data sources: International Monetary Fund (IMF) | Fiscal Monitor (1992–2024, retrieved 2026-02-20).

GeoRank.org/economy/belarus/fiji | CC BY

In 2024, Belarus' government spending was $31.1B, accounting for 40.9% of its GDP, while Fiji spent $1.77B, or 29.7% of GDP.

Debt-to-GDP ratio is 39.9% in Belarus and 76.2% in Fiji, ranking 133/185 and 47/185, respectively.

Government deficit by year

Deficit/surplus
Belarus

Fiji
1x
Year Deficit/surplus, % of GDP
Belarus Fiji
2024 1.05% -3.36%
2023 0.76% -6.82%
2022 -1.98% -11.2%
2021 -0.22% -14.6%
2020 -2.87% -9.24%
2019 0.91% -3.67%
2018 1.8% -4.72%
2017 -0.34% -2.22%
2016 -1.66% -5.58%
2015 -2.96% -3.8%
2014 0.09% -3.36%
2013 -0.98% -0.08%
2012 0.36% -0.67%
2011 -2.81% -0.69%
2010 -4.19% -1.26%
2009 -7.23% -2.76%
2008 -10.9% 1.54%
2007 -7.82% 0.35%
2006 -7.71% -0.74%
2005 -6.71% -1.14%
2004 -7.06% -0.95%
2003 -6.74% -3.34%
2002 -7.81% -3.58%
2001 -4.74% -4.4%
2000 - -1.37%
1999 - 1.1%
1998 - 5.21%
1997 - -4.48%
1996 - -3.35%
1995 - 0.77%
1994 - -0.19%
1993 - -1.83%
1992 - -2.14%

Data sources: International Monetary Fund (IMF) | Fiscal Monitor (1992–2024, retrieved 2026-02-20).

GeoRank.org/economy/belarus/fiji | CC BY

In 2024, Belarus' government surplus, the difference between spending and revenue, was $796M, equivalent to 1.05% of GDP. This compares to Fiji's deficit of $201M, or 3.36% of GDP.

Over the past 24 years, Belarus recorded a fiscal deficit in 18 of those years, while Fiji ran a deficit in 22 years. On average, Belarus posted an annual deficit equal to 3.32% of GDP, compared to deficit of 3.6% of GDP for Fiji.

Inflation comparison by year

Inflation
Belarus

Fiji
1x
Year Consumer prices inflation
Belarus Fiji
2024 5.7% 4.51%
2023 5% 2.34%
2022 15.2% 4.32%
2021 9.5% 0.16%
2020 5.5% -2.6%
2019 5.6% 1.77%
2018 4.9% 4.08%
2017 6% 3.35%
2016 11.8% 3.86%
2015 13.5% 1.37%
2014 18.1% 0.52%
2013 18.3% 2.91%
2012 59.2% 3.42%
2011 53.2% 7.28%
2010 7.7% 3.69%
2009 13% 3.13%
2008 14.8% 7.73%
2007 8.4% 4.8%
2006 7% 2.49%
2005 10.3% 2.37%
2004 18.1% 2.83%
2003 28.4% 4.17%
2002 42.6% 0.76%
2001 61.1% 4.27%
2000 168.6% 1.09%
1999 293.7% 1.97%
1998 73% 5.71%
1997 63.8% 3.37%

Data sources: International Monetary Fund (IMF) | World Economic Outlook (1997–2024, retrieved 2026-02-20); World Bank | Economy & Growth (1997–2024, retrieved 2026-04-06).

GeoRank.org/economy/belarus/fiji | CC BY

Over the past 28 years, Belarus has recorded an average annual inflation rate of 37.2%, compared with 3.06% in Fiji. In 2024, inflation was 5.7% in Belarus and 4.51% in Fiji.

Top exports between countries

Belarus
Export category Export value
Raw materials & minerals $554K
Transport & tourism services $163K
Fiji
Export category Export value

Balance of trade

Belarus Fiji
Current account balance
-$1.94B
2024
-$866M
2022
Current account balance ranking
142/190
2024
120/190
2022
Current account balance, % of GDP
-2.56%
2024
-17.4%
2022
Goods imports
$44.2B
2024
$2.68B
2022
Goods exports
$39.5B
2024
$1.05B
2022
Service imports
$6.82B
2024
$754M
2022
Service exports
$10.1B
2024
$1.33B
2022
Imports of goods and services, % of GDP
66.9%
2024
69.2%
2023
Exports of goods and services, % of GDP
65.1%
2024
57%
2023

Economic freedom indices

The indices of economic freedom below are issued by the Heritage Foundation. Higher scores indicate stronger economic health.

Belarus Fiji
Economic freedom 49.1 59.5
Economic freedom ranking 166/197 103/197
Property rights 20 59.9
Government integrity 28.3 55.4
Judicial effectiveness 11.5 53.2
Tax burden 93.5 87.8
Government spending 52.6 70
Fiscal health 96.8 7.5
Business freedom 50.3 69.5
Labor freedom 48 66.9
Monetary freedom 69 72.4
Trade freedom 69.2 66.6
Investment freedom 30 55
Financial freedom 20 50

Economic freedom comparison by year

Belarus
Fiji
1x
Year Economic freedom index
Belarus Fiji
2026 49.1 59.5
2025 48.9 59.1
2024 48.4 58
2023 51 58
2022 53 56.4
2021 61 62.2
2020 61.7 63.4
2019 57.9 62.2
2018 58.1 62
2017 58.6 63.4
2016 48.8 58.8
2015 49.8 59
2014 50.1 58.7
2013 48 57.2
2012 49 57.3
2011 47.9 60.4
2010 48.7 60.3
2009 45 61
2008 45.3 61.8
2007 47 60.8
2006 47.5 58.4
2005 46.7 58.2
2004 43.1 58
2003 39.7 54.7
2002 39 53.9
2001 38 53.7
2000 41.3 57.8
1999 35.4 58.4
1998 38 58.2
1997 39.8 58
1996 38.7 57.4
1995 40.4 54.7

Data sources: The Heritage Foundation | Economic Freedom Index (1995–2026, retrieved 2026-03-09).

GeoRank.org/economy/belarus/fiji | CC BY

The Economic Freedom Index for Belarus is 49.1, ranking 166/197, compared to 59.5 for Fiji, ranking 103/197. The chart above displays a comparison of annual changes in economic freedom indexes.

Other economic metrics

Belarus Fiji
Services, % of GDP
49.7%
2024
54.6%
2024
Industry, % of GDP
30.7%
2024
16.5%
2024
Agriculture, forestry, and fishing, % of GDP
6.87%
2024
13.2%
2024
GNI, Atlas method
$75.4B
2024
$5.4B
2024
GNI per capita, PPP
$32,300
2024
$14,490
2024
Total reserves including gold
$8.91B
2024
$1.6B
2024
Total reserves ranking
82/177
2024
133/177
2024
Net foreign direct investment
-$1.57B
2024
-$86.9M
2022
Net inflows of foreign direct investment
$1.74B
2024
$204M
2024
Net outflows of foreign direct investment
$170M
2024
$25.6M
2024
Servicing debt to the IMF, % of GNI
7.19%
2024
4.36%
2024
Poverty at national poverty lines
3.9%
2022
31%
2020
Gross capital formation, % of GDP
25.8%
2024
19.7%
2023

GDP per capita map

1x

Data sources: World Bank | Economy & Growth (1985–2024, retrieved 2026-04-06); U.S. Census Bureau (1985–2024, retrieved 2026-02-08).

GeoRank.org/economy/belarus/fiji | CC BY

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Data sources:

  1. World Bank | Economy & Growth (1960–2024, retrieved 2026-04-06)
  2. International Monetary Fund (IMF) | Fiscal Monitor (1992–2024, retrieved 2026-02-20)
  3. The Heritage Foundation | Economic Freedom Index (1995–2026, retrieved 2026-03-09)
  4. U.S. Census Bureau (1985–2024, retrieved 2026-02-08)
  5. TradeMap (2020–2021, retrieved 2026-02-08)
  6. United Nations | World Population Prospects (2026, retrieved 2026-03-10)
  7. LivingCost (2026, retrieved 2025-10-14)
  8. Central Intelligence Agency (CIA) (2020, retrieved 2026-02-20)

Creative Commons Attribution (CC BY) — you’re free to copy, share, remix, adapt, and use even commercially as long as you give appropriate credit and clearly indicate if you made changes. Other sources may be subject to different license terms.

The current account balance is the sum of net trade in goods and services, net earnings from cross-border investments, and net transfer payments. It reflects a country's economic transactions with the rest of the world and is a fundamental component of the balance of payments. A surplus indicates that a country exports more than it imports, while a deficit shows the opposite.

Gross National Income (GNI) measures a country's total income. It encompasses income earned by residents, businesses, and foreign sources, defined as employee compensation and investment profits. GNI adds product taxes not included elsewhere and subtracts subsidies. It accounts for income from residents working abroad but excludes earnings from foreigners within the country.

A negative value for Net Foreign Direct Investment indicates a country is a net receiver of investments, as foreign inflows exceed outflows after Balance of Payments adjustments. A positive value indicates a net provider, with outflows exceeding inflows. Inflows are credits (increasing foreign claims on domestic assets), while outflows are debits (increasing domestic assets abroad).

Foreign direct investment (FDI, net inflows) shows how much capital foreign investors bring into a country after accounting for any funds that flow back in the opposite direction. It represents the net value of overseas companies establishing, expanding, or financing businesses in the reporting country. A positive number means more capital entered the country than was withdrawn, while a negative number means foreign investors pulled out more than they invested.

Foreign direct investment (FDI, net outflows) shows how much capital residents of a country invest abroad after accounting for any funds that flow back in the opposite direction. It represents the net value of domestic companies establishing, expanding, or financing businesses in other countries. A positive number means more capital was invested abroad than withdrawn, while a negative number means residents pulled back more than they invested.

Principal and interest payments to the IMF in currency, goods, or services on long-term debt expressed as a share of GNI.

Formerly gross domestic investment, gross capital formation measures the share of a country’s economic output invested in fixed assets, including buildings, machinery, and infrastructure. It indicates how much of the economy is devoted to building productive capacity.