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Economy of Brunei vs Fiji compared: GDP & Debt

Updated on by Georank team

Brunei has a GDP of $15.3B compared to $5.97B for Fiji, ranking 142/197 and 161/197 by economy size, respectively.

Brunei has $351M in government debt (2.29% of GDP), compared to $4.54B (76.2% of GDP) in Fiji.

Brunei vs Fiji GDP by year

Brunei
Fiji
1x
Year GDP, current $
Brunei Fiji
2024 $15,340,808,592 $5,968,125,909
2023 $15,095,084,656 $5,476,673,518
2022 $16,681,536,467 $4,977,861,886
2021 $14,006,496,617 $4,158,873,156
2020 $12,005,799,654 $4,227,719,873
2019 $13,469,235,365 $5,344,907,153
2018 $13,566,908,391 $5,581,425,327
2017 $12,128,168,045 $5,353,469,174
2016 $11,400,266,045 $4,930,213,644
2015 $12,930,296,870 $4,682,479,894
2014 $17,097,797,386 $4,857,104,769
2013 $18,094,148,099 $4,189,967,999
2012 $19,048,443,341 $3,972,028,104
2011 $18,524,791,063 $3,779,411,899
2010 $13,707,121,038 $3,140,166,713
2009 $11,912,904,510 $2,870,624,636
2008 $15,926,456,515 $3,523,185,920
2007 $13,432,029,484 $3,378,314,600
2006 $12,644,616,419 $3,076,305,453
2005 $10,547,202,621 $2,980,403,845
2004 $8,619,178,774 $2,708,078,477
2003 $7,167,725,262 $2,300,492,465
2002 $6,333,082,876 $1,833,279,985
2001 $6,096,155,767 $1,652,462,023
2000 $6,570,999,088 $1,678,219,508
1999 $6,309,070,378 $1,936,459,986
1998 $5,550,846,020 $1,653,146,717
1997 $7,793,034,376 $2,090,221,137
1996 $7,663,377,306 $2,128,696,644
1995 $7,700,144,069 $1,970,301,486
1994 $6,467,782,518 $1,825,732,093
1993 $6,203,339,912 $1,636,101,247
1992 $6,327,966,435 $1,532,411,039
1991 $6,284,497,294 $1,383,883,250
1990 $6,039,881,087 $1,337,017,559
1989 $4,983,622,881 $1,182,660,266
1988 $4,535,130,305 $1,110,009,523
1987 $4,918,010,080 $1,177,947,965
1986 $4,190,280,003 $1,290,267,340
1985 $6,967,623,884 $1,141,168,944
1984 $7,632,788,075 $1,178,000,678
1983 $7,927,590,750 $1,123,085,190
1982 $8,932,198,186 $1,194,059,943
1981 $9,367,218,664 $1,235,626,771
1980 $10,795,432,294 $1,202,618,816
1979 $6,044,367,628 $1,019,691,460
1978 $4,100,423,674 $829,267,889
1977 $3,681,242,528 $719,501,766
1976 $3,054,765,590 $694,540,806
1975 $2,496,420,258 $684,282,434
1974 $2,319,576,214 $558,587,097
1973 $433,095,527 $425,950,488
1972 $270,822,782 $316,656,649
1971 $197,525,768 $247,749,328
1970 $179,078,929 $219,878,482
1969 $161,210,236 $182,182,068
1968 $160,818,236 $166,952,937
1967 $139,029,537 $162,625,886
1966 $132,757,528 $150,603,926
1965 $114,039,501 $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/brunei/fiji | CC BY

GDP per capita in Brunei vs Fiji by year

Brunei
GDP per capita

GDP per capita, PPP
Fiji
GDP per capita

GDP per capita, PPP
1x
Year Current $
Brunei Fiji
GDP per capita GDP per capita, PPP GDP per capita GDP per capita, PPP
2024 $33,153 $89,879 $6,426 $15,450
2023 $32,891 $85,033 $5,926 $14,644
2022 $36,633 $81,802 $5,414 $12,982
2021 $31,007 $78,249 $4,537 $10,322
2020 $26,834 $69,788 $4,621 $10,716
2019 $30,427 $69,354 $5,842 $12,978
2018 $30,988 $65,149 $6,085 $12,984
2017 $28,024 $61,658 $5,827 $12,585
2016 $26,663 $56,680 $5,364 $11,766
2015 $30,625 $62,708 $5,098 $11,519
2014 $41,027 $81,226 $5,293 $10,516
2013 $44,003 $83,237 $4,572 $8,842
2012 $46,969 $87,256 $4,341 $8,204
2011 $46,383 $82,735 $4,140 $7,672
2010 $34,938 $79,543 $3,449 $7,339
2009 $30,946 $77,957 $3,164 $7,068
2008 $42,157 $80,477 $3,900 $7,154
2007 $36,217 $83,693 $3,763 $6,990
2006 $34,675 $86,114 $3,455 $6,921
2005 $29,386 $81,534 $3,378 $6,652
2004 $24,423 $80,404 $3,097 $6,463
2003 $20,678 $79,632 $2,656 $6,033
2002 $18,621 $76,838 $2,137 $5,914
2001 $18,288 $74,254 $1,945 $5,699
2000 $20,130 $73,087 $1,996 $5,521
1999 $19,752 $70,585 $2,328 $5,552
1998 $17,769 $68,257 $2,010 $5,090
1997 $25,522 $73,980 $2,574 $5,031
1996 $25,692 $70,008 $2,648 $5,109
1995 $26,443 $70,440 $2,467 $4,818
1994 $22,767 $69,779 $2,297 $4,627
1993 $22,397 $69,387 $2,070 $4,334
1992 $23,451 $70,016 $1,951 $4,172
1991 $23,932 $72,610 $1,775 $3,873
1990 $23,659 $70,201 $1,729 $3,882
1989 $20,090 - $1,543 -
1988 $18,825 - $1,463 -
1987 $21,030 - $1,569 -
1986 $18,501 - $1,745 -
1985 $31,827 - $1,577 -
1984 $36,061 - $1,667 -
1983 $38,720 - $1,628 -
1982 $45,075 - $1,773 -
1981 $48,793 - $1,879 -
1980 $58,005 - $1,873 -
1979 $33,501 - $1,627 -
1978 $23,447 - $1,355 -
1977 $21,747 - $1,204 -
1976 $18,671 - $1,186 -
1975 $15,793 - $1,188 -
1974 $15,195 - $984 -
1973 $2,939 - $762 -
1972 $1,905 - $575 -
1971 $1,432 - $458 -
1970 $1,325 - $414 -
1969 $1,226 - $350 -
1968 $1,274 - $327 -
1967 $1,149 - $326 -
1966 $1,146 - $310 -
1965 $1,029 - $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/brunei/fiji | CC BY

Brunei's GDP per capita is $33,153, ranking 36/197, compared to $6,426 in Fiji, ranking 108/197. Adjusted for purchasing power (GDP per capita PPP), Brunei ranks 9th at $89,879, while Fiji ranks 113th at $15,450.

Economic indicators

Brunei Fiji
Gross domestic product
$15.3B
2024
$5.97B
2024
GDP rank
142/197
2024
161/197
2024
GDP growth
4.05%
2023-2024
3.53%
2023-2024
GDP per capita
$33,153
2024
$6,426
2024
GDP per capita rank
36/197
2024
108/197
2024
GDP per capita, PPP
$89,879
2024
$15,450
2024
GDP per capita PPP rank
9/197
2024
113/197
2024
Government debt
$351M
2024
$4.54B
2024
Debt-to-GDP ratio
2.29%
2024
76.2%
2024
Government debt per person
$759
2024
$4,893
2024
Government debt per person rank
153/185
2024
80/185
2024
Average annual personal income after taxes
$24,405
2026
$6,964
2026
Income share by richest 10% n/a
24.2%
2019
Income share by poorest 10% n/a
3.5%
2019
Government expenditure, % of GDP
29.8%
2024
29.7%
2024
Consumer prices inflation
-0.39%
2023-2024
4.51%
2023-2024
Central bank interest rate n/a
0.25%
2020
Unemployment rate
4.87%
2024
5.36%
2024
Population
470884
938628

Spending and national debt comparison by year

Brunei
Spending

Debt
Fiji
Spending

Debt
1x
Year % of GDP
Brunei Fiji
Government spending Government debt Government spending Government debt
2024 29.8% 2.29% 29.7% 76.2%
2023 29.4% 2.33% 28.8% 79.1%
2022 26.4% 2.06% 30.9% 83.3%
2021 29.3% 2.51% 36.7% 89%
2020 33.2% 2.86% 36.2% 72.9%
2019 32.4% 2.58% 30.8% 49.7%
2018 32.2% 2.59% 31.8% 44.8%
2017 36.6% 2.83% 27.3% 42.2%
2016 39.4% 3% 31.4% 43.6%
2015 38.7% 2.95% 29.8% 43%
2014 34.1% 3.23% 29.1% 44.5%
2013 33.6% 2.21% 25.1% 45.8%
2012 31% 2.1% 25.5% 47.7%
2011 29.7% 2.13% 25.3% 48.6%
2010 36.2% 1.11% 24.8% 51.8%
2009 34.8% 1.11% 26.2% 51.5%
2008 27.2% 0.94% 22.6% 47.5%
2007 29.3% 0.68% 23.3% 46%
2006 28% 0.59% 24.8% 49.2%
2005 29.1% 0% 23.3% 44%
2004 33.2% 0% 24% 44.5%
2003 30.9% 0% 25.8% 44.9%
2002 41.4% 0% 27.4% 43.4%
2001 35.5% 0% 26.4% 41%
2000 37.5% 0% 24.8% 36.9%
1999 44.1% 0% 23.2% 32.7%
1998 45.4% 0% 26.8% 36.6%
1997 39% 0% 29.1% 54.1%
1996 36.9% 0% 26.4% 48.8%
1995 44% 0% 23.2% 48.4%
1994 47.1% 0% 24.3% 47.6%
1993 38% 0% 25.7% 44.3%
1992 34.1% 0% 25.8% 42.2%
1991 30.6% 0% - -
1990 32% 0% - -

Data sources: International Monetary Fund (IMF) | Fiscal Monitor (1990–2024, retrieved 2026-02-20).

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

In 2024, Brunei's government spending was $4.57B, accounting for 29.8% of its GDP, while Fiji spent $1.77B, or 29.7% of GDP.

Debt-to-GDP ratio is 2.29% in Brunei and 76.2% in Fiji, ranking 185/185 and 47/185, respectively.

Government deficit by year

Deficit/surplus
Brunei

Fiji
1x
Year Deficit/surplus, % of GDP
Brunei Fiji
2024 -10.2% -3.36%
2023 -10.9% -6.82%
2022 2.53% -11.2%
2021 -8.16% -14.6%
2020 -15.8% -9.24%
2019 -3.69% -3.67%
2018 -3.59% -4.72%
2017 -10.4% -2.22%
2016 -21.7% -5.58%
2015 -14.5% -3.8%
2014 3.58% -3.36%
2013 13% -0.08%
2012 15.8% -0.67%
2011 25.6% -0.69%
2010 7.61% -1.26%
2009 3.61% -2.76%
2008 36.1% 1.54%
2007 3.12% 0.35%
2006 19.8% -0.74%
2005 16% -1.14%
2004 8.57% -0.95%
2003 8.06% -3.34%
2002 -4.61% -3.58%
2001 2.59% -4.4%
2000 6.86% -1.37%
1999 -18.3% 1.1%
1998 -24% 5.21%
1997 -11.8% -4.48%
1996 -8.7% -3.35%
1995 -19.8% 0.77%
1994 -22.6% -0.19%
1993 -12.8% -1.83%
1992 -8.28% -2.14%
1991 -1.06% -
1990 -1.63% -

Data sources: International Monetary Fund (IMF) | Fiscal Monitor (1990–2024, retrieved 2026-02-20).

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

In 2024, Brunei's government deficit, the difference between spending and revenue, was $1.56B, equivalent to 10.2% of GDP. This compares to Fiji's deficit of $201M, or 3.36% of GDP.

Over the past 33 years, Brunei recorded a fiscal deficit in 18 of those years, while Fiji ran a deficit in 28 years. On average, Brunei posted an annual deficit equal to 1.72% of GDP, compared to deficit of 2.81% of GDP for Fiji.

Inflation comparison by year

Inflation
Brunei

Fiji
1x
Year Consumer prices inflation
Brunei Fiji
2024 -0.39% 4.51%
2023 0.36% 2.34%
2022 3.68% 4.32%
2021 1.73% 0.16%
2020 1.94% -2.6%
2019 -0.39% 1.77%
2018 1.03% 4.08%
2017 -1.26% 3.35%
2016 -0.28% 3.86%
2015 -0.49% 1.37%
2014 -0.21% 0.52%
2013 0.39% 2.91%
2012 0.11% 3.42%
2011 0.14% 7.28%
2010 0.36% 3.69%
2009 1.04% 3.13%
2008 2.08% 7.73%
2007 0.97% 4.8%
2006 0.16% 2.49%
2005 1.24% 2.37%
2004 0.81% 2.83%
2003 0.3% 4.17%
2002 -2.31% 0.76%
2001 0.6% 4.27%
2000 1.56% 1.09%
1999 -0.42% 1.97%
1998 -0.44% 5.71%
1997 1.71% 3.37%

Data sources: World Bank | Economy & Growth (1997–2024, retrieved 2026-04-06).

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

Over the past 28 years, Brunei has recorded an average annual inflation rate of 0.5%, compared with 3.06% in Fiji. In 2024, inflation was -0.39% in Brunei and 4.51% in Fiji.

Top exports between countries

Brunei
Export category Export value
Machinery & equipment $21K
Textiles & consumer goods $3K
Fiji
Export category Export value
Chemicals & pharma $21K

Balance of trade

Brunei Fiji
Current account balance
$2.23B
2024
-$866M
2022
Current account balance ranking
45/190
2024
120/190
2022
Current account balance, % of GDP
+14.5%
2024
-17.4%
2022
Goods imports
$7.36B
2024
$2.68B
2022
Goods exports
$11.1B
2024
$1.05B
2022
Service imports
$1.75B
2024
$754M
2022
Service exports
$410M
2024
$1.33B
2022
Imports of goods and services, % of GDP
58.3%
2024
69.2%
2023
Exports of goods and services, % of GDP
74.3%
2024
57%
2023

Economic freedom indices

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

Brunei Fiji
Economic freedom 67.5 59.5
Economic freedom ranking 55/197 103/197
Property rights 66.1 59.9
Government integrity 60.4 55.4
Judicial effectiveness 48.6 53.2
Tax burden 95 87.8
Government spending 75.6 70
Fiscal health 39 7.5
Business freedom 75.3 69.5
Labor freedom 75.1 66.9
Monetary freedom 74.8 72.4
Trade freedom 84.6 66.6
Investment freedom 65 55
Financial freedom 50 50

Economic freedom comparison by year

Brunei
Fiji
1x
Year Economic freedom index
Brunei Fiji
2026 67.5 59.5
2025 67 59.1
2024 65.9 58
2023 65.7 58
2022 64.8 56.4
2021 66.6 62.2
2020 66.6 63.4
2019 65.1 62.2
2018 64.2 62
2017 69.8 63.4
2016 67.3 58.8
2015 68.9 59
2014 69 58.7
2013 - 57.2
2012 - 57.3
2011 - 60.4
2010 - 60.3
2009 - 61
2008 - 61.8
2007 - 60.8
2006 - 58.4
2005 - 58.2
2004 - 58
2003 - 54.7
2002 - 53.9
2001 - 53.7
2000 - 57.8
1999 - 58.4
1998 - 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/brunei/fiji | CC BY

The Economic Freedom Index for Brunei is 67.5, ranking 55/197, 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

Brunei Fiji
Services, % of GDP
39%
2024
54.6%
2024
Industry, % of GDP
61.7%
2024
16.5%
2024
Agriculture, forestry, and fishing, % of GDP
1.17%
2024
13.2%
2024
GNI, Atlas method
$16.7B
2024
$5.4B
2024
GNI per capita, PPP
$92,750
2024
$14,490
2024
Total reserves including gold
$4.41B
2024
$1.6B
2024
Total reserves ranking
105/177
2024
133/177
2024
Net foreign direct investment
-$29.1M
2024
-$86.9M
2022
Net inflows of foreign direct investment
$29.1M
2024
$204M
2024
Net outflows of foreign direct investment
$0
2024
$25.6M
2024
Servicing debt to the IMF, % of GNI n/a
4.36%
2024
Poverty at national poverty lines n/a
31%
2020
Gross capital formation, % of GDP
27.9%
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/brunei/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 (1990–2024, 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 (2020–2023, 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.