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Economy of Costa Rica vs Fiji compared: GDP & Debt

Updated on by Georank team

Costa Rica has a GDP of $95.4B compared to $5.97B for Fiji, ranking 73/197 and 161/197 by economy size, respectively.

Costa Rica has $57B in government debt (59.8% of GDP), compared to $4.54B (76.2% of GDP) in Fiji.

Costa Rica vs Fiji GDP by year

Costa Rica
Fiji
1x
Year GDP, current $
Costa Rica Fiji
2024 $95,350,423,177 $5,968,125,909
2023 $86,497,941,439 $5,476,673,518
2022 $69,243,626,029 $4,977,861,886
2021 $64,960,725,734 $4,158,873,156
2020 $62,395,610,760 $4,227,719,873
2019 $64,417,670,521 $5,344,907,153
2018 $62,420,164,992 $5,581,425,327
2017 $60,516,044,657 $5,353,469,174
2016 $58,847,019,610 $4,930,213,644
2015 $56,441,920,821 $4,682,479,894
2014 $52,016,408,854 $4,857,104,769
2013 $50,949,668,842 $4,189,967,999
2012 $47,231,655,432 $3,972,028,104
2011 $42,762,613,699 $3,779,411,899
2010 $37,658,616,952 $3,140,166,713
2009 $30,745,714,313 $2,870,624,636
2008 $30,801,745,700 $3,523,185,920
2007 $26,884,700,709 $3,378,314,600
2006 $22,715,540,324 $3,076,305,453
2005 $20,040,642,477 $2,980,403,845
2004 $18,610,594,846 $2,708,078,477
2003 $17,271,760,507 $2,300,492,465
2002 $16,578,820,687 $1,833,279,985
2001 $15,976,174,337 $1,652,462,023
2000 $15,013,629,662 $1,678,219,508
1999 $14,254,866,285 $1,936,459,986
1998 $13,684,255,947 $1,653,146,717
1997 $12,614,602,382 $2,090,221,137
1996 $11,678,424,507 $2,128,696,644
1995 $11,578,594,260 $1,970,301,486
1994 $10,489,903,725 $1,825,732,093
1993 $9,564,815,975 $1,636,101,247
1992 $8,579,754,758 $1,532,411,039
1991 $7,215,725,487 $1,383,883,250
1990 $5,711,687,787 $1,337,017,559
1989 $5,251,025,767 $1,182,660,266
1988 $4,614,629,898 $1,110,009,523
1987 $4,532,952,047 $1,177,947,965
1986 $4,418,983,871 $1,290,267,340
1985 $3,919,203,960 $1,141,168,944
1984 $3,660,477,856 $1,178,000,678
1983 $3,146,772,631 $1,123,085,190
1982 $2,606,623,555 $1,194,059,943
1981 $2,623,803,096 $1,235,626,771
1980 $4,831,447,001 $1,202,618,816
1979 $4,035,519,323 $1,019,691,460
1978 $3,523,208,810 $829,267,889
1977 $3,072,427,013 $719,501,766
1976 $2,412,555,426 $694,540,806
1975 $1,960,863,466 $684,282,434
1974 $1,666,544,754 $558,587,097
1973 $1,528,925,846 $425,950,488
1972 $1,238,251,696 $316,656,649
1971 $1,077,147,538 $247,749,328
1970 $984,830,158 $219,878,482
1969 $853,630,204 $182,182,068
1968 $773,841,494 $166,952,937
1967 $699,456,619 $162,625,886
1966 $647,305,630 $150,603,926
1965 $592,981,162 $147,084,750
1964 $542,578,367 $140,032,741
1963 $511,902,137 $129,454,729
1962 $479,180,824 $122,906,435
1961 $490,325,182 $116,987,785
1960 $507,513,830 $112,328,422

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

GeoRank.org/economy/costa-rica/fiji | CC BY

GDP per capita in Costa Rica vs Fiji by year

Costa Rica
GDP per capita

GDP per capita, PPP
Fiji
GDP per capita

GDP per capita, PPP
1x
Year Current $
Costa Rica Fiji
GDP per capita GDP per capita, PPP GDP per capita GDP per capita, PPP
2024 $18,587 $31,107 $6,426 $15,450
2023 $16,942 $28,909 $5,926 $14,644
2022 $13,626 $26,226 $5,414 $12,982
2021 $12,838 $23,853 $4,537 $10,322
2020 $12,394 $22,100 $4,621 $10,716
2019 $12,885 $23,340 $5,842 $12,978
2018 $12,590 $21,498 $6,085 $12,984
2017 $12,317 $20,499 $5,827 $12,585
2016 $12,091 $19,202 $5,364 $11,766
2015 $11,715 $17,525 $5,098 $11,519
2014 $10,911 $16,394 $5,293 $10,516
2013 $10,803 $15,232 $4,572 $8,842
2012 $10,127 $14,464 $4,341 $8,204
2011 $9,276 $13,614 $4,140 $7,672
2010 $8,266 $12,928 $3,449 $7,339
2009 $6,833 $12,274 $3,164 $7,068
2008 $6,937 $12,472 $3,900 $7,154
2007 $6,138 $11,842 $3,763 $6,990
2006 $5,257 $10,800 $3,455 $6,921
2005 $4,703 $9,899 $3,378 $6,652
2004 $4,431 $9,365 $3,097 $6,463
2003 $4,173 $8,863 $2,656 $6,033
2002 $4,068 $8,461 $2,137 $5,914
2001 $3,985 $8,190 $1,945 $5,699
2000 $3,813 $7,879 $1,996 $5,521
1999 $3,691 $7,563 $2,328 $5,552
1998 $3,617 $7,306 $2,010 $5,090
1997 $3,408 $6,890 $2,574 $5,031
1996 $3,227 $6,568 $2,648 $5,109
1995 $3,275 $6,515 $2,467 $4,818
1994 $3,040 $6,276 $2,297 $4,627
1993 $2,840 $6,025 $2,070 $4,334
1992 $2,612 $5,635 $1,951 $4,172
1991 $2,253 $5,175 $1,775 $3,873
1990 $1,830 $5,021 $1,729 $3,882
1989 $1,725 - $1,543 -
1988 $1,555 - $1,463 -
1987 $1,567 - $1,569 -
1986 $1,569 - $1,745 -
1985 $1,429 - $1,577 -
1984 $1,372 - $1,667 -
1983 $1,213 - $1,628 -
1982 $1,032 - $1,773 -
1981 $1,068 - $1,879 -
1980 $2,021 - $1,873 -
1979 $1,735 - $1,627 -
1978 $1,556 - $1,355 -
1977 $1,393 - $1,204 -
1976 $1,123 - $1,186 -
1975 $937 - $1,188 -
1974 $817 - $984 -
1973 $769 - $762 -
1972 $639 - $575 -
1971 $570 - $458 -
1970 $536 - $414 -
1969 $477 - $350 -
1968 $445 - $327 -
1967 $414 - $326 -
1966 $395 - $310 -
1965 $374 - $311 -
1964 $354 - $306 -
1963 $346 - $291.4 -
1962 $335 - $285.5 -
1961 $356 - $280.3 -
1960 $382 - $277.4 -

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

GeoRank.org/economy/costa-rica/fiji | CC BY

Costa Rica's GDP per capita is $18,587, ranking 62/197, compared to $6,426 in Fiji, ranking 108/197. Adjusted for purchasing power (GDP per capita PPP), Costa Rica ranks 72nd at $31,107, while Fiji ranks 113th at $15,450.

Economic indicators

Costa Rica Fiji
Gross domestic product
$95.4B
2024
$5.97B
2024
GDP rank
73/197
2024
161/197
2024
GDP growth
4.32%
2023-2024
3.53%
2023-2024
GDP per capita
$18,587
2024
$6,426
2024
GDP per capita rank
62/197
2024
108/197
2024
GDP per capita, PPP
$31,107
2024
$15,450
2024
GDP per capita PPP rank
72/197
2024
113/197
2024
Government debt
$57B
2024
$4.54B
2024
Debt-to-GDP ratio
59.8%
2024
76.2%
2024
Government debt per person
$11,106
2024
$4,893
2024
Government debt per person rank
50/185
2024
80/185
2024
Average annual personal income after taxes
$12,150
2026
$6,964
2026
Market capitalization of domestic companies
$2.23B
2022
n/a
Income share by richest 10%
34.2%
2024
24.2%
2019
Income share by poorest 10%
1.7%
2024
3.5%
2019
Government expenditure, % of GDP
18.9%
2024
29.7%
2024
Consumer prices inflation
-0.41%
2023-2024
4.51%
2023-2024
Central bank interest rate
3.5%
2025
0.25%
2020
Unemployment rate
6.94%
2024
5.36%
2024
Population
5181862
938628

Spending and national debt comparison by year

Costa Rica
Spending

Debt
Fiji
Spending

Debt
1x
Year % of GDP
Costa Rica Fiji
Government spending Government debt Government spending Government debt
2024 18.9% 59.8% 29.7% 76.2%
2023 18.5% 61.1% 28.8% 79.1%
2022 19.2% 63% 30.9% 83.3%
2021 20.8% 67.6% 36.7% 89%
2020 22.3% 66.9% 36.2% 72.9%
2019 21.7% 56.4% 30.8% 49.7%
2018 18.9% 51.8% 31.8% 44.8%
2017 19.2% 47.1% 27.3% 42.2%
2016 18.8% 44.1% 31.4% 43.6%
2015 18.8% 39.8% 29.8% 43%
2014 18.4% 37.4% 29.1% 44.5%
2013 18.5% 35.1% 25.1% 45.8%
2012 17.3% 33.7% 25.5% 47.7%
2011 17.2% 29.5% 25.3% 48.6%
2010 18% 28.1% 24.8% 51.8%
2009 16.7% 26% 26.2% 51.5%
2008 15.2% 24% 22.6% 47.5%
2007 14.6% 27% 23.3% 46%
2006 15.2% 33% 24.8% 49.2%
2005 15.9% 37.3% 23.3% 44%
2004 17% 41% 24% 44.5%
2003 17.6% 40.6% 25.8% 44.9%
2002 18.6% 41.4% 27.4% 43.4%
2001 17.3% 39.6% 26.4% 41%
2000 16.9% 38.9% 24.8% 36.9%
1999 16.7% 39% 23.2% 32.7%
1998 16% 40.7% 26.8% 36.6%
1997 16.3% 30.6% 29.1% 54.1%
1996 17.3% 33.7% 26.4% 48.8%
1995 16.4% 29.1% 23.2% 48.4%
1994 17.4% 27% 24.3% 47.6%
1993 13.8% 24.4% 25.7% 44.3%
1992 13.7% 23.3% 25.8% 42.2%
1991 14% 28.4% - -
1990 18.9% 18.5% - -
1989 26.1% 19.3% - -
1988 24.5% 18.2% - -
1987 27.2% 21.2% - -
1986 26.4% 26.1% - -
1985 21.8% 22.8% - -
1984 22.8% 25.2% - -
1983 23.6% 29.8% - -
1982 18.4% 31.8% - -
1981 21% 32.3% - -
1980 25% 37.7% - -
1979 24.9% 39.5% - -
1978 23.2% 41.7% - -
1977 19.3% 27.8% - -
1976 20.1% 29.5% - -
1975 19.1% 26.1% - -
1974 18.3% 30.3% - -
1973 18.4% 32.8% - -
1972 17.2% 31.8% - -
1971 17.5% 30.4% - -
1970 14.9% 28.6% - -
1969 14.5% 26.1% - -
1968 13.8% 27.7% - -
1967 14.7% 26.7% - -
1966 14.3% 24.8% - -
1965 13.8% 24.1% - -
1964 13.5% 22.7% - -
1963 13.3% 21.8% - -
1962 14% 19.7% - -
1961 13.2% 20.3% - -
1960 12.5% 16.1% - -

Data sources: International Monetary Fund (IMF) | Fiscal Monitor (1990–2024, retrieved 2026-02-20); International Monetary Fund (IMF) | Public Finances in Modern History (1960–1995, retrieved 2026-02-20).

GeoRank.org/economy/costa-rica/fiji | CC BY

In 2024, Costa Rica's government spending was $18B, accounting for 18.9% of its GDP, while Fiji spent $1.77B, or 29.7% of GDP.

Debt-to-GDP ratio is 59.8% in Costa Rica and 76.2% in Fiji, ranking 79/185 and 47/185, respectively.

Government deficit by year

Deficit/surplus
Costa Rica

Fiji
1x
Year Deficit/surplus, % of GDP
Costa Rica Fiji
2024 -3.78% -3.36%
2023 -3.25% -6.82%
2022 -2.81% -11.2%
2021 -5.09% -14.6%
2020 -8.38% -9.24%
2019 -6.68% -3.67%
2018 -5.66% -4.72%
2017 -5.88% -2.22%
2016 -5.09% -5.58%
2015 -5.52% -3.8%
2014 -5.45% -3.36%
2013 -5.25% -0.08%
2012 -4.22% -0.67%
2011 -3.91% -0.69%
2010 -4.96% -1.26%
2009 -3.25% -2.76%
2008 0.18% 1.54%
2007 0.56% 0.35%
2006 -1.04% -0.74%
2005 -2.09% -1.14%
2004 -3.42% -0.95%
2003 -3.43% -3.34%
2002 -4.99% -3.58%
2001 -3.47% -4.4%
2000 -3.68% -1.37%
1999 -2.88% 1.1%
1998 -2.96% 5.21%
1997 -3.39% -4.48%
1996 -4.32% -3.35%
1995 -3.68% 0.77%
1994 -5.46% -0.19%
1993 -1.52% -1.83%
1992 -1.51% -2.14%
1991 -2.41% -
1990 -4.4% -
1989 -1.55% -
1988 0.57% -
1987 -2.57% -
1986 -4.26% -
1985 -1.06% -
1984 -0.5% -
1983 -1.84% -
1982 -0.94% -
1981 -3.14% -
1980 -7.24% -
1979 -6.6% -
1978 -4.12% -
1977 -2.63% -
1976 -2.42% -
1975 -1.13% -
1974 0.26% -
1973 -2.41% -
1972 -4.54% -
1971 -4.72% -
1970 -1.41% -
1969 -1.61% -
1968 -1.72% -
1967 -3.03% -
1966 -2.12% -
1965 -1.71% -
1964 -1.51% -
1963 -2.01% -
1962 -1.99% -
1961 -0.71% -
1960 -0.19% -
1959 0.49% -
1958 0% -
1957 0.3% -
1956 0.05% -

Data sources: International Monetary Fund (IMF) | Fiscal Monitor (1990–2024, retrieved 2026-02-20); International Monetary Fund (IMF) | Public Finances in Modern History (1956–1989, retrieved 2026-02-20).

GeoRank.org/economy/costa-rica/fiji | CC BY

In 2024, Costa Rica's government deficit, the difference between spending and revenue, was $3.61B, equivalent to 3.78% of GDP. This compares to Fiji's deficit of $201M, or 3.36% of GDP.

Over the past 33 years, Costa Rica recorded a fiscal deficit in 31 of those years, while Fiji ran a deficit in 28 years. On average, Costa Rica posted an annual deficit equal to 3.83% of GDP, compared to deficit of 2.81% of GDP for Fiji.

Inflation comparison by year

Inflation
Costa Rica

Fiji
1x
Year Consumer prices inflation
Costa Rica Fiji
2024 -0.41% 4.51%
2023 0.53% 2.34%
2022 8.27% 4.32%
2021 1.73% 0.16%
2020 0.72% -2.6%
2019 2.1% 1.77%
2018 2.22% 4.08%
2017 1.63% 3.35%
2016 -0.02% 3.86%
2015 0.8% 1.37%
2014 4.52% 0.52%
2013 5.23% 2.91%
2012 4.5% 3.42%
2011 4.88% 7.28%
2010 5.66% 3.69%
2009 7.84% 3.13%
2008 13.4% 7.73%
2007 9.36% 4.8%
2006 11.5% 2.49%
2005 13.8% 2.37%
2004 12.3% 2.83%
2003 9.45% 4.17%
2002 9.17% 0.76%
2001 11.3% 4.27%
2000 11% 1.09%
1999 10% 1.97%
1998 11.7% 5.71%
1997 13.2% 3.37%

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

GeoRank.org/economy/costa-rica/fiji | CC BY

Over the past 28 years, Costa Rica has recorded an average annual inflation rate of 6.66%, compared with 3.06% in Fiji. In 2024, inflation was -0.41% in Costa Rica and 4.51% in Fiji.

Top exports between countries

Costa Rica
Export category Export value
Machinery & equipment $15K
Chemicals & pharma $12K
Processed food, beverages & tobacco $2K
Wood & paper products $1K
Fiji
Export category Export value
Processed food, beverages & tobacco $17K

Balance of trade

Costa Rica Fiji
Current account balance
-$1.25B
2024
-$866M
2022
Current account balance ranking
129/190
2024
120/190
2022
Current account balance, % of GDP
-1.31%
2024
-17.4%
2022
Goods imports
$23.1B
2024
$2.68B
2022
Goods exports
$20.6B
2024
$1.05B
2022
Service imports
$7.58B
2024
$754M
2022
Service exports
$16.3B
2024
$1.33B
2022
Imports of goods and services, % of GDP
32.8%
2024
69.2%
2023
Exports of goods and services, % of GDP
38.5%
2024
57%
2023

Economic freedom indices

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

Costa Rica Fiji
Economic freedom 69.1 59.5
Economic freedom ranking 43/197 103/197
Property rights 66 59.9
Government integrity 64.1 55.4
Judicial effectiveness 76.9 53.2
Tax burden 78.6 87.8
Government spending 89.3 70
Fiscal health 75.6 7.5
Business freedom 79.9 69.5
Labor freedom 55.9 66.9
Monetary freedom 78.2 72.4
Trade freedom 75 66.6
Investment freedom 50 55
Financial freedom 40 50

Economic freedom comparison by year

Costa Rica
Fiji
1x
Year Economic freedom index
Costa Rica Fiji
2026 69.1 59.5
2025 68.6 59.1
2024 67.7 58
2023 66.5 58
2022 65.4 56.4
2021 64.2 62.2
2020 65.8 63.4
2019 65.3 62.2
2018 65.6 62
2017 65 63.4
2016 67.4 58.8
2015 67.2 59
2014 66.9 58.7
2013 67 57.2
2012 68 57.3
2011 67.3 60.4
2010 65.9 60.3
2009 66.4 61
2008 64.2 61.8
2007 64 60.8
2006 65.9 58.4
2005 66.1 58.2
2004 66.4 58
2003 67 54.7
2002 67.5 53.9
2001 67.6 53.7
2000 68.4 57.8
1999 67.4 58.4
1998 65.6 58.2
1997 65.6 58
1996 66.4 57.4
1995 68 54.7

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

GeoRank.org/economy/costa-rica/fiji | CC BY

The Economic Freedom Index for Costa Rica is 69.1, ranking 43/197, 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

Costa Rica Fiji
Services, % of GDP
68.8%
2024
54.6%
2024
Industry, % of GDP
19.7%
2024
16.5%
2024
Agriculture, forestry, and fishing, % of GDP
3.56%
2024
13.2%
2024
GNI, Atlas method
$80.2B
2024
$5.4B
2024
GNI per capita, PPP
$28,840
2024
$14,490
2024
Total reserves including gold
$14.2B
2024
$1.6B
2024
Total reserves ranking
70/177
2024
133/177
2024
Net foreign direct investment
-$4.96B
2024
-$86.9M
2022
Net inflows of foreign direct investment
$5.3B
2024
$204M
2024
Net outflows of foreign direct investment
$337M
2024
$25.6M
2024
Servicing debt to the IMF, % of GNI
6.31%
2023
4.36%
2024
Poverty at national poverty lines
20.3%
2024
31%
2020
Gross capital formation, % of GDP
15.7%
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/costa-rica/fiji | CC BY

Compare countries by 7 more topics

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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. International Monetary Fund (IMF) | Public Finances in Modern History (1956–1995, retrieved 2026-02-20)
  4. The Heritage Foundation | Economic Freedom Index (1995–2026, retrieved 2026-03-09)
  5. U.S. Census Bureau (1985–2024, retrieved 2026-02-08)
  6. TradeMap (2020–2024, retrieved 2026-02-08)
  7. United Nations | World Population Prospects (2026, retrieved 2026-03-10)
  8. LivingCost (2026, retrieved 2025-10-14)
  9. 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.