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Economy of Bosnia and Herzegovina vs Fiji compared: GDP & Debt

Updated on by Georank team

Bosnia and Herzegovina has a GDP of $29.6B compared to $5.97B for Fiji, ranking 111/197 and 161/197 by economy size, respectively.

Bosnia and Herzegovina has $8.74B in government debt (29.5% of GDP), compared to $4.54B (76.2% of GDP) in Fiji.

Bosnia and Herzegovina vs Fiji GDP by year

Bosnia and Herzegovina
Fiji
1x
Year GDP, current $
Bosnia Fiji
2024 $29,613,572,023 $5,968,125,909
2023 $27,592,361,498 $5,476,673,518
2022 $24,534,663,636 $4,977,861,886
2021 $23,672,712,121 $4,158,873,156
2020 $20,226,038,370 $4,227,719,873
2019 $20,482,608,984 $5,344,907,153
2018 $20,484,058,033 $5,581,425,327
2017 $18,326,373,136 $5,353,469,174
2016 $17,116,926,554 $4,930,213,644
2015 $16,404,348,361 $4,682,479,894
2014 $18,558,734,107 $4,857,104,769
2013 $18,179,109,209 $4,189,967,999
2012 $17,226,735,996 $3,972,028,104
2011 $18,644,233,537 $3,779,411,899
2010 $17,176,315,804 $3,140,166,713
2009 $17,613,949,091 $2,870,624,636
2008 $19,112,796,623 $3,523,185,920
2007 $15,778,734,264 $3,378,314,600
2006 $12,864,841,906 $3,076,305,453
2005 $11,222,796,337 $2,980,403,845
2004 $10,156,541,221 $2,708,078,477
2003 $8,498,894,359 $2,300,492,465
2002 $6,728,220,983 $1,833,279,985
2001 $5,800,615,375 $1,652,462,023
2000 $5,567,772,769 $1,678,219,508
1999 $4,686,256,363 $1,936,459,986
1998 $4,116,774,301 $1,653,146,717
1997 $3,671,909,673 $2,090,221,137
1996 $2,786,045,322 $2,128,696,644
1995 $1,866,572,954 $1,970,301,486
1994 $1,255,802,469 $1,825,732,093
1993 $3,630,668,950 $1,636,101,247
1992 $4,735,044,707 $1,532,411,039
1991 $6,122,959,184 $1,383,883,250
1990 $7,753,478,261 $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/bosnia-and-herzegovina/fiji | CC BY

GDP per capita in Bosnia and Herzegovina vs Fiji by year

Bosnia and Herzegovina
GDP per capita

GDP per capita, PPP
Fiji
GDP per capita

GDP per capita, PPP
1x
Year Current $
Bosnia Fiji
GDP per capita GDP per capita, PPP GDP per capita GDP per capita, PPP
2024 $9,359 $25,043 $6,426 $15,450
2023 $8,663 $23,376 $5,926 $14,644
2022 $7,656 $21,651 $5,414 $12,982
2021 $7,295 $18,287 $4,537 $10,322
2020 $6,130 $16,370 $4,621 $10,716
2019 $6,122 $16,429 $5,842 $12,978
2018 $6,048 $14,859 $6,085 $12,984
2017 $5,345 $13,627 $5,827 $12,585
2016 $4,929 $12,899 $5,364 $11,766
2015 $4,662 $11,845 $5,098 $11,519
2014 $5,206 $11,168 $5,293 $10,516
2013 $5,035 $10,808 $4,572 $8,842
2012 $4,694 $10,121 $4,341 $8,204
2011 $4,983 $9,761 $4,140 $7,672
2010 $4,506 $9,086 $3,449 $7,339
2009 $4,540 $8,698 $3,164 $7,068
2008 $4,842 $8,587 $3,900 $7,154
2007 $3,931 $7,686 $3,763 $6,990
2006 $3,166 $6,869 $3,455 $6,921
2005 $2,740 $5,956 $3,378 $6,652
2004 $2,453 $5,407 $3,097 $6,463
2003 $2,034 $4,917 $2,656 $6,033
2002 $1,607 $4,665 $2,137 $5,914
2001 $1,388 $4,307 $1,945 $5,699
2000 $1,338 $4,148 $1,996 $5,521
1999 $1,135 $3,875 $2,328 $5,552
1998 $1,007 $3,524 $2,010 $5,090
1997 $914 $3,041 $2,574 $5,031
1996 $719 $2,269 $2,648 $5,109
1995 $502 $1,507 $2,467 $4,818
1994 $337 $1,269 $2,297 $4,627
1993 $930 $1,067 $2,070 $4,334
1992 $1,118 $982 $1,951 $4,172
1991 $1,373 $975 $1,775 $3,873
1990 $1,743 $1,043 $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/bosnia-and-herzegovina/fiji | CC BY

Bosnia and Herzegovina's GDP per capita is $9,359, ranking 87/197, compared to $6,426 in Fiji, ranking 108/197. Adjusted for purchasing power (GDP per capita PPP), Bosnia and Herzegovina ranks 83rd at $25,043, while Fiji ranks 113th at $15,450.

Economic indicators

Bosnia Fiji
Gross domestic product
$29.6B
2024
$5.97B
2024
GDP rank
111/197
2024
161/197
2024
GDP growth
2.97%
2023-2024
3.53%
2023-2024
GDP per capita
$9,359
2024
$6,426
2024
GDP per capita rank
87/197
2024
108/197
2024
GDP per capita, PPP
$25,043
2024
$15,450
2024
GDP per capita PPP rank
83/197
2024
113/197
2024
Government debt
$8.74B
2024
$4.54B
2024
Debt-to-GDP ratio
29.5%
2024
76.2%
2024
Government debt per person
$2,763
2024
$4,893
2024
Government debt per person rank
107/185
2024
80/185
2024
Average annual personal income after taxes
$8,501
2026
$6,964
2026
Income share by richest 10%
25.1%
2011
24.2%
2019
Income share by poorest 10%
2.9%
2011
3.5%
2019
Government expenditure, % of GDP
43.3%
2024
29.7%
2024
Consumer prices inflation
1.7%
2023-2024
4.51%
2023-2024
Central bank interest rate n/a
0.25%
2020
Unemployment rate
10.7%
2024
5.36%
2024
Population
3116111
938628

Spending and national debt comparison by year

Bosnia and Herzegovina
Spending

Debt
Fiji
Spending

Debt
1x
Year % of GDP
Bosnia Fiji
Government spending Government debt Government spending Government debt
2024 43.3% 29.5% 29.7% 76.2%
2023 41.7% 29% 28.8% 79.1%
2022 39.4% 31.2% 30.9% 83.3%
2021 40.6% 35.8% 36.7% 89%
2020 45.4% 37.2% 36.2% 72.9%
2019 39.9% 32.8% 30.8% 49.7%
2018 40.4% 34.5% 31.8% 44.8%
2017 40% 38.6% 27.3% 42.2%
2016 41.5% 44.9% 31.4% 43.6%
2015 42.7% 46.4% 29.8% 43%
2014 46.2% 47.1% 29.1% 44.5%
2013 44.5% 43.8% 25.1% 45.8%
2012 46.9% 43.6% 25.5% 47.7%
2011 46.4% 40.9% 25.3% 48.6%
2010 48.7% 42.2% 24.8% 51.8%
2009 49% 36.4% 26.2% 51.5%
2008 48.4% 30.3% 22.6% 47.5%
2007 45.2% 18.2% 23.3% 46%
2006 44.2% 20.6% 24.8% 49.2%
2005 44.5% 24.9% 23.3% 44%
2004 45.6% 25.5% 24% 44.5%
2003 47.3% 27.6% 25.8% 44.9%
2002 47.4% 31.1% 27.4% 43.4%
2001 50.2% 35.1% 26.4% 41%
2000 56.2% 34.6% 24.8% 36.9%
1999 57.5% 56% 23.2% 32.7%
1998 54.4% 54.4% 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/bosnia-and-herzegovina/fiji | CC BY

In 2024, Bosnia and Herzegovina's government spending was $12.8B, accounting for 43.3% of its GDP, while Fiji spent $1.77B, or 29.7% of GDP.

Debt-to-GDP ratio is 29.5% in Bosnia and Herzegovina and 76.2% in Fiji, ranking 159/185 and 47/185, respectively.

Government deficit by year

Deficit/surplus
Bosnia and Herzegovina

Fiji
1x
Year Deficit/surplus, % of GDP
Bosnia Fiji
2024 -1.88% -3.36%
2023 -1.67% -6.82%
2022 0.15% -11.2%
2021 -0.18% -14.6%
2020 -4.5% -9.24%
2019 1.37% -3.67%
2018 1.63% -4.72%
2017 1.79% -2.22%
2016 0.34% -5.58%
2015 -0.19% -3.8%
2014 -2.87% -3.36%
2013 -1.28% -0.08%
2012 -2.68% -0.67%
2011 -2.73% -0.69%
2010 -4.06% -1.26%
2009 -5.34% -2.76%
2008 -3.82% 1.54%
2007 0.17% 0.35%
2006 2.08% -0.74%
2005 0.74% -1.14%
2004 -0.18% -0.95%
2003 -0.44% -3.34%
2002 -2.99% -3.58%
2001 -3.44% -4.4%
2000 -4.63% -1.37%
1999 -2.78% 1.1%
1998 -0.98% 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/bosnia-and-herzegovina/fiji | CC BY

In 2024, Bosnia and Herzegovina's government deficit, the difference between spending and revenue, was $557M, equivalent to 1.88% of GDP. This compares to Fiji's deficit of $201M, or 3.36% of GDP.

Over the past 27 years, Bosnia and Herzegovina recorded a fiscal deficit in 19 of those years, while Fiji ran a deficit in 23 years. On average, Bosnia and Herzegovina posted an annual deficit equal to 1.42% of GDP, compared to deficit of 3.01% of GDP for Fiji.

Inflation comparison by year

Inflation
Bosnia and Herzegovina

Fiji
1x
Year Consumer prices inflation
Bosnia Fiji
2024 1.7% 4.51%
2023 6.1% 2.34%
2022 14% 4.32%
2021 2% 0.16%
2020 -1.1% -2.6%
2019 0.6% 1.77%
2018 1.4% 4.08%
2017 0.8% 3.35%
2016 -1.6% 3.86%
2015 -1% 1.37%
2014 -0.9% 0.52%
2013 -0.1% 2.91%
2012 2.1% 3.42%
2011 4% 7.28%
2010 2.1% 3.69%
2009 -0.4% 3.13%
2008 7.4% 7.73%
2007 1.5% 4.8%
2006 6.1% 2.49%
2005 3.6% 2.37%
2004 0.3% 2.83%
2003 0.5% 4.17%
2002 0.3% 0.76%
2001 3.2% 4.27%
2000 5% 1.09%
1999 2.8% 1.97%
1998 -0.3% 5.71%
1997 5.7% 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/bosnia-and-herzegovina/fiji | CC BY

Over the past 28 years, Bosnia and Herzegovina has recorded an average annual inflation rate of 2.35%, compared with 3.06% in Fiji. In 2024, inflation was 1.7% in Bosnia and Herzegovina and 4.51% in Fiji.

Top exports between countries

Bosnia
Export category Export value
Fiji
Export category Export value
Processed food, beverages & tobacco $32K
Raw agricultural goods $1K

Balance of trade

Bosnia Fiji
Current account balance
-$1.03B
2024
-$866M
2022
Current account balance ranking
123/190
2024
120/190
2022
Current account balance, % of GDP
-3.47%
2024
-17.4%
2022
Goods imports
$14.8B
2024
$2.68B
2022
Goods exports
$8.36B
2024
$1.05B
2022
Service imports
$1.27B
2024
$754M
2022
Service exports
$3.74B
2024
$1.33B
2022
Imports of goods and services, % of GDP
54.3%
2024
69.2%
2023
Exports of goods and services, % of GDP
40.9%
2024
57%
2023

Economic freedom indices

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

Bosnia Fiji
Economic freedom 63.1 59.5
Economic freedom ranking 83/197 103/197
Property rights 46.9 59.9
Government integrity 36.8 55.4
Judicial effectiveness 36.1 53.2
Tax burden 93.9 87.8
Government spending 48.4 70
Fiscal health 96.2 7.5
Business freedom 65.1 69.5
Labor freedom 62.7 66.9
Monetary freedom 77.5 72.4
Trade freedom 69 66.6
Investment freedom 65 55
Financial freedom 60 50

Economic freedom comparison by year

Bosnia and Herzegovina
Fiji
1x
Year Economic freedom index
Bosnia Fiji
2026 63.1 59.5
2025 63.5 59.1
2024 62 58
2023 62.9 58
2022 63.4 56.4
2021 62.9 62.2
2020 62.6 63.4
2019 61.9 62.2
2018 61.4 62
2017 60.2 63.4
2016 58.6 58.8
2015 59 59
2014 58.4 58.7
2013 57.3 57.2
2012 57.3 57.3
2011 57.5 60.4
2010 56.2 60.3
2009 53.1 61
2008 53.9 61.8
2007 54.4 60.8
2006 55.6 58.4
2005 48.8 58.2
2004 44.7 58
2003 40.6 54.7
2002 37.4 53.9
2001 36.6 53.7
2000 45.1 57.8
1999 29.4 58.4
1998 29.4 58.2
1997 - 58
1996 - 57.4
1995 - 54.7

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

GeoRank.org/economy/bosnia-and-herzegovina/fiji | CC BY

The Economic Freedom Index for Bosnia and Herzegovina is 63.1, ranking 83/197, 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

Bosnia Fiji
Services, % of GDP
56.6%
2024
54.6%
2024
Industry, % of GDP
22.4%
2024
16.5%
2024
Agriculture, forestry, and fishing, % of GDP
4.53%
2024
13.2%
2024
GNI, Atlas method
$27.8B
2024
$5.4B
2024
GNI per capita, PPP
$24,990
2024
$14,490
2024
Total reserves including gold
$9.42B
2024
$1.6B
2024
Total reserves ranking
79/177
2024
133/177
2024
Net foreign direct investment
-$885M
2024
-$86.9M
2022
Net inflows of foreign direct investment
$1B
2024
$204M
2024
Net outflows of foreign direct investment
$119M
2024
$25.6M
2024
Servicing debt to the IMF, % of GNI
4.93%
2024
4.36%
2024
Poverty at national poverty lines
16.9%
2015
31%
2020
Gross capital formation, % of GDP
27.5%
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/bosnia-and-herzegovina/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 (2024, 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.