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Economy of Fiji vs Gambia compared: GDP & Debt

Updated on by Georank team

Fiji has a GDP of $5.97B compared to $2.4B for the Gambia, ranking 161/197 and 174/197 by economy size, respectively.

Fiji has $4.54B in government debt (76.2% of GDP), compared to $1.92B (80% of GDP) in the Gambia.

Fiji vs Gambia GDP by year

Fiji
Gambia
1x
Year GDP, current $
Fiji Gambia
2024 $5,968,125,909 $2,404,888,749
2023 $5,476,673,518 $2,382,262,185
2022 $4,977,861,886 $2,204,734,528
2021 $4,158,873,156 $2,014,158,842
2020 $4,227,719,873 $1,812,170,891
2019 $5,344,907,153 $1,813,609,692
2018 $5,581,425,327 $1,670,671,328
2017 $5,353,469,174 $1,504,909,463
2016 $4,930,213,644 $1,484,578,886
2015 $4,682,479,894 $1,378,176,609
2014 $4,857,104,769 $1,229,461,721
2013 $4,189,967,999 $1,375,609,453
2012 $3,972,028,104 $1,415,004,738
2011 $3,779,411,899 $1,409,693,597
2010 $3,140,166,713 $1,543,294,927
2009 $2,870,624,636 $1,450,142,509
2008 $3,523,185,920 $1,561,766,956
2007 $3,378,314,600 $1,279,703,047
2006 $3,076,305,453 $1,054,112,488
2005 $2,980,403,845 $1,027,701,068
2004 $2,708,078,477 $961,900,651
2003 $2,300,492,465 $487,038,685
2002 $1,833,279,985 $578,235,309
2001 $1,652,462,023 $687,410,645
2000 $1,678,219,508 $782,913,872
1999 $1,936,459,986 $814,724,032
1998 $1,653,146,717 $840,285,265
1997 $2,090,221,137 $803,633,342
1996 $2,128,696,644 $848,239,446
1995 $1,970,301,486 $785,999,865
1994 $1,825,732,093 $746,493,952
1993 $1,636,101,247 $755,040,974
1992 $1,532,411,039 $714,254,256
1991 $1,383,883,250 $690,311,081
1990 $1,337,017,559 $317,083,695
1989 $1,182,660,266 $284,120,329
1988 $1,110,009,523 $266,672,212
1987 $1,177,947,965 $220,626,484
1986 $1,290,267,340 $185,646,987
1985 $1,141,168,944 $225,726,359
1984 $1,178,000,678 $177,340,880
1983 $1,123,085,190 $213,448,585
1982 $1,194,059,943 $216,050,552
1981 $1,235,626,771 $218,767,743
1980 $1,202,618,816 $241,083,090
1979 $1,019,691,460 $207,112,628
1978 $829,267,889 $171,833,086
1977 $719,501,766 $138,093,099
1976 $694,540,806 $112,190,829
1975 $684,282,434 $115,179,719
1974 $558,587,097 $95,796,022
1973 $425,950,488 $75,187,749
1972 $316,656,649 $59,160,569
1971 $247,749,328 $55,728,663
1970 $219,878,482 $52,296,084
1969 $182,182,068 $45,168,072
1968 $166,952,937 $41,160,066
1967 $162,625,886 $46,695,007
1966 $150,603,926 $44,212,081
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/fiji/gambia | CC BY

GDP per capita in Fiji vs Gambia by year

Fiji
GDP per capita

GDP per capita, PPP
Gambia
GDP per capita

GDP per capita, PPP
1x
Year Current $
Fiji Gambia
GDP per capita GDP per capita, PPP GDP per capita GDP per capita, PPP
2024 $6,426 $15,450 $871 $3,476
2023 $5,926 $14,644 $883 $3,289
2022 $5,414 $12,982 $836 $3,067
2021 $4,537 $10,322 $782 $2,778
2020 $4,621 $10,716 $720 $2,531
2019 $5,842 $12,978 $738 $2,422
2018 $6,085 $12,984 $696 $2,277
2017 $5,827 $12,585 $643 $2,039
2016 $5,364 $11,766 $650 $2,013
2015 $5,098 $11,519 $620 $1,990
2014 $5,293 $10,516 $568 $1,934
2013 $4,572 $8,842 $654 $2,007
2012 $4,341 $8,204 $693 $2,065
2011 $4,140 $7,672 $711 $2,064
2010 $3,449 $7,339 $801 $2,267
2009 $3,164 $7,068 $775 $2,177
2008 $3,900 $7,154 $859 $2,088
2007 $3,763 $6,990 $725 $1,985
2006 $3,455 $6,921 $615 $1,931
2005 $3,378 $6,652 $616 $1,938
2004 $3,097 $6,463 $593 $1,979
2003 $2,656 $6,033 $309 $1,850
2002 $2,137 $5,914 $377 $1,744
2001 $1,945 $5,699 $460 $1,823
2000 $1,996 $5,521 $538 $1,731
1999 $2,328 $5,552 $575 $1,649
1998 $2,010 $5,090 $610 $1,572
1997 $2,574 $5,031 $600 $1,544
1996 $2,648 $5,109 $652 $1,489
1995 $2,467 $4,818 $622 $1,472
1994 $2,297 $4,627 $608 $1,473
1993 $2,070 $4,334 $635 $1,487
1992 $1,951 $4,172 $623 $1,462
1991 $1,775 $3,873 $628 $1,440
1990 $1,729 $3,882 $301 $1,409
1989 $1,543 - $280.9 -
1988 $1,463 - $274.9 -
1987 $1,569 - $237 -
1986 $1,745 - $207.7 -
1985 $1,577 - $262.8 -
1984 $1,667 - $214.8 -
1983 $1,628 - $268.6 -
1982 $1,773 - $282.1 -
1981 $1,879 - $296 -
1980 $1,873 - $338 -
1979 $1,627 - $300 -
1978 $1,355 - $257.6 -
1977 $1,204 - $213.8 -
1976 $1,186 - $179.3 -
1975 $1,188 - $189.8 -
1974 $984 - $162.6 -
1973 $762 - $131.4 -
1972 $575 - $106.5 -
1971 $458 - $103.3 -
1970 $414 - $99.8 -
1969 $350 - $88.7 -
1968 $327 - $83.1 -
1967 $326 - $97 -
1966 $310 - $94.4 -
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/fiji/gambia | CC BY

Fiji's GDP per capita is $6,426, ranking 108/197, compared to $871 in the Gambia, ranking 183/197. Adjusted for purchasing power (GDP per capita PPP), Fiji ranks 113th at $15,450, while the Gambia ranks 172nd at $3,476.

Economic indicators

Fiji Gambia
Gross domestic product
$5.97B
2024
$2.4B
2024
GDP rank
161/197
2024
174/197
2024
GDP growth
3.53%
2023-2024
5.55%
2023-2024
GDP per capita
$6,426
2024
$871
2024
GDP per capita rank
108/197
2024
183/197
2024
GDP per capita, PPP
$15,450
2024
$3,476
2024
GDP per capita PPP rank
113/197
2024
172/197
2024
Government debt
$4.54B
2024
$1.92B
2024
Debt-to-GDP ratio
76.2%
2024
80%
2024
Government debt per person
$4,893
2024
$697
2024
Government debt per person rank
80/185
2024
155/185
2024
Average annual personal income after taxes
$6,964
2026
$741
2026
Income share by richest 10%
24.2%
2019
30.5%
2020
Income share by poorest 10%
3.5%
2019
2.6%
2020
Government expenditure, % of GDP
29.7%
2024
25.8%
2024
Consumer prices inflation
4.51%
2023-2024
11.6%
2023-2024
Central bank interest rate
0.25%
2020
17%
2023
Unemployment rate
5.36%
2024
6.48%
2023
Population
938628
2902554

Spending and national debt comparison by year

Fiji
Spending

Debt
Gambia
Spending

Debt
1x
Year % of GDP
Fiji Gambia
Government spending Government debt Government spending Government debt
2024 29.7% 76.2% 25.8% 80%
2023 28.8% 79.1% 24.9% 80.2%
2022 30.9% 83.3% 24.6% 83.9%
2021 36.7% 89% 21.5% 83.1%
2020 36.2% 72.9% 25.3% 85.9%
2019 30.8% 49.7% 23.9% 83%
2018 31.8% 44.8% 19% 83.6%
2017 27.3% 42.2% 23.6% 87%
2016 31.4% 43.6% 19.4% 80.7%
2015 29.8% 43% 19.6% 69.4%
2014 29.1% 44.5% 19% 71.1%
2013 25.1% 45.8% 17.2% 58.2%
2012 25.5% 47.7% 19.1% 49.5%
2011 25.3% 48.6% 16.5% 49.2%
2010 24.8% 51.8% 14.6% 42.9%
2009 26.2% 51.5% 14.4% 38.9%
2008 22.6% 47.5% 11.6% 39.5%
2007 23.3% 46% 11.2% 38%
2006 24.8% 49.2% 14% 87.3%
2005 23.3% 44% 12.9% 82.6%
2004 24% 44.5% 12.4% 81.3%
2003 25.8% 44.9% 9.3% 91.7%
2002 27.4% 43.4% 8.59% 93.9%
2001 26.4% 41% 9.68% 75.2%
2000 24.8% 36.9% 9.54% 73.3%
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/fiji/gambia | CC BY

In 2024, Fiji's government spending was $1.77B, accounting for 29.7% of its GDP, while the Gambia spent $621M, or 25.8% of GDP.

Debt-to-GDP ratio is 76.2% in Fiji and 80% in the Gambia, ranking 47/185 and 45/185, respectively.

Government deficit by year

Deficit/surplus
Fiji

Gambia
1x
Year Deficit/surplus, % of GDP
Fiji Gambia
2024 -3.36% -4.08%
2023 -6.82% -3.69%
2022 -11.2% -5.72%
2021 -14.6% -4.77%
2020 -9.24% -2.37%
2019 -3.67% -2.75%
2018 -4.72% -3.92%
2017 -2.22% -4.35%
2016 -5.58% -6.22%
2015 -3.8% -5.38%
2014 -3.36% -3.94%
2013 -0.08% -5.11%
2012 -0.67% -2.85%
2011 -0.69% -3.03%
2010 -1.26% -2.93%
2009 -2.76% -1.65%
2008 1.54% -0.45%
2007 0.35% 0.27%
2006 -0.74% -3.19%
2005 -1.14% -3.33%
2004 -0.95% -1.77%
2003 -3.34% -1.73%
2002 -3.58% 0.06%
2001 -4.4% -2.52%
2000 -1.37% -0.09%
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/fiji/gambia | CC BY

In 2024, Fiji's government deficit, the difference between spending and revenue, was $201M, equivalent to 3.36% of GDP. This compares to the Gambia's deficit of $98.2M, or 4.08% of GDP.

Over the past 25 years, Fiji recorded a fiscal deficit in 23 of those years, while the Gambia ran a deficit in 23 years. On average, Fiji posted an annual deficit equal to 3.51% of GDP, compared to deficit of 3.02% of GDP for the Gambia.

Inflation comparison by year

Inflation
Fiji

Gambia
1x
Year Consumer prices inflation
Fiji Gambia
2024 4.51% 11.6%
2023 2.34% 17%
2022 4.32% 11.5%
2021 0.16% 7.37%
2020 -2.6% 5.93%
2019 1.77% 7.12%
2018 4.08% 6.52%
2017 3.35% 8.03%
2016 3.86% 7.23%
2015 1.37% 6.81%
2014 0.52% 5.95%
2013 2.91% 5.7%
2012 3.42% 4.25%
2011 7.28% 4.8%
2010 3.69% 5.05%
2009 3.13% 4.56%
2008 7.73% 4.44%
2007 4.8% 5.37%
2006 2.49% 2.06%
2005 2.37% 4.84%
2004 2.83% 14.2%
2003 4.17% 17%
2002 0.76% 8.61%
2001 4.27% 4.49%
2000 1.09% 0.84%
1999 1.97% 3.81%
1998 5.71% 1.11%
1997 3.37% 2.78%

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

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

Over the past 28 years, Fiji has recorded an average annual inflation rate of 3.06%, compared with 6.75% in the Gambia. In 2024, inflation was 4.51% in Fiji and 11.6% in the Gambia.

Balance of trade

Fiji Gambia
Current account balance
-$866M
2022
-$99.8M
2024
Current account balance ranking
120/190
2022
88/190
2024
Current account balance, % of GDP
-17.4%
2022
-4.15%
2024
Goods imports
$2.68B
2022
$1.39B
2024
Goods exports
$1.05B
2022
$363M
2024
Service imports
$754M
2022
$161M
2024
Service exports
$1.33B
2022
$485M
2024
Imports of goods and services, % of GDP
69.2%
2023
33.4%
2024
Exports of goods and services, % of GDP
57%
2023
8.75%
2024

Economic freedom indices

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

Fiji Gambia
Economic freedom 59.5 56.3
Economic freedom ranking 103/197 123/197
Property rights 59.9 55.4
Government integrity 55.4 40.5
Judicial effectiveness 53.2 45.8
Tax burden 87.8 79.2
Government spending 70 81.1
Fiscal health 7.5 54.8
Business freedom 69.5 50.1
Labor freedom 66.9 46.4
Monetary freedom 72.4 57.3
Trade freedom 66.6 64.8
Investment freedom 55 50
Financial freedom 50 50

Economic freedom comparison by year

Fiji
Gambia
1x
Year Economic freedom index
Fiji Gambia
2026 59.5 56.3
2025 59.1 56.8
2024 58 58.2
2023 58 57.9
2022 56.4 58
2021 62.2 58.8
2020 63.4 56.3
2019 62.2 52.4
2018 62 52.3
2017 63.4 53.4
2016 58.8 57.1
2015 59 57.5
2014 58.7 59.5
2013 57.2 58.8
2012 57.3 58.8
2011 60.4 57.4
2010 60.3 55.1
2009 61 55.8
2008 61.8 56.9
2007 60.8 57.7
2006 58.4 57.3
2005 58.2 56.5
2004 58 55.3
2003 54.7 56.3
2002 53.9 57.7
2001 53.7 56.6
2000 57.8 52.7
1999 58.4 52.1
1998 58.2 53.4
1997 58 52.9
1996 57.4 -
1995 54.7 -

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

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

The Economic Freedom Index for Fiji is 59.5, ranking 103/197, compared to 56.3 for the Gambia, ranking 123/197. The chart above displays a comparison of annual changes in economic freedom indexes.

Other economic metrics

Fiji Gambia
Services, % of GDP
54.6%
2024
56.8%
2024
Industry, % of GDP
16.5%
2024
15.3%
2024
Agriculture, forestry, and fishing, % of GDP
13.2%
2024
20.4%
2024
GNI, Atlas method
$5.4B
2024
$2.43B
2024
GNI per capita, PPP
$14,490
2024
$3,430
2024
Total reserves including gold
$1.6B
2024
$629M
2024
Total reserves ranking
133/177
2024
151/177
2024
Net foreign direct investment
-$86.9M
2022
-$232M
2024
Net inflows of foreign direct investment
$204M
2024
$232M
2024
Net outflows of foreign direct investment
$25.6M
2024
-$665K
2024
Servicing debt to the IMF, % of GNI
4.36%
2024
3.25%
2024
Poverty at national poverty lines
31%
2020
53.4%
2020
Gross capital formation, % of GDP
19.7%
2023
29.9%
2024

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/fiji/gambia | 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. United Nations | World Population Prospects (2026, retrieved 2026-03-10)
  6. LivingCost (2026, retrieved 2025-10-14)
  7. 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.