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Economy of Fiji vs Ghana compared: GDP & Debt

Updated on by Georank team

Fiji has a GDP of $5.97B compared to $82.3B for Ghana, ranking 161/197 and 80/197 by economy size, respectively.

Fiji has $4.54B in government debt (76.2% of GDP), compared to $57.9B (70.3% of GDP) in Ghana.

Fiji vs Ghana GDP by year

Fiji
Ghana
1x
Year GDP, current $
Fiji Ghana
2024 $5,968,125,909 $82,308,110,386
2023 $5,476,673,518 $80,547,146,878
2022 $4,977,861,886 $73,919,003,210
2021 $4,158,873,156 $79,514,204,730
2020 $4,227,719,873 $70,008,243,860
2019 $5,344,907,153 $68,352,629,246
2018 $5,581,425,327 $67,259,353,966
2017 $5,353,469,174 $60,385,409,435
2016 $4,930,213,644 $56,144,179,398
2015 $4,682,479,894 $49,436,806,230
2014 $4,857,104,769 $54,678,533,806
2013 $4,189,967,999 $62,845,721,960
2012 $3,972,028,104 $41,271,701,061
2011 $3,779,411,899 $39,336,668,081
2010 $3,140,166,713 $32,197,655,567
2009 $2,870,624,636 $26,048,720,006
2008 $3,523,185,920 $28,679,383,241
2007 $3,378,314,600 $24,827,339,138
2006 $3,076,305,453 $20,885,037,597
2005 $2,980,403,845 $10,744,568,381
2004 $2,708,078,477 $8,881,417,907
2003 $2,300,492,465 $7,632,723,556
2002 $1,833,279,985 $6,166,197,848
2001 $1,652,462,023 $5,314,872,854
2000 $1,678,219,508 $4,982,850,662
1999 $1,936,459,986 $7,718,109,982
1998 $1,653,146,717 $7,482,069,162
1997 $2,090,221,137 $6,891,443,192
1996 $2,128,696,644 $6,932,991,739
1995 $1,970,301,486 $6,464,382,808
1994 $1,825,732,093 $5,446,383,727
1993 $1,636,101,247 $5,968,922,939
1992 $1,532,411,039 $6,416,103,926
1991 $1,383,883,250 $6,603,185,268
1990 $1,337,017,559 $5,889,106,573
1989 $1,182,660,266 $5,251,858,440
1988 $1,110,009,523 $5,197,765,032
1987 $1,177,947,965 $5,074,829,932
1986 $1,290,267,340 $5,735,677,434
1985 $1,141,168,944 $4,504,306,723
1984 $1,178,000,678 $4,412,279,843
1983 $1,123,085,190 $4,057,275,132
1982 $1,194,059,943 $4,035,994,398
1981 $1,235,626,771 $4,222,441,860
1980 $1,202,618,816 $4,445,228,216
1979 $1,019,691,460 $4,020,227,920
1978 $829,267,889 $3,662,478,185
1977 $719,501,766 $3,189,428,571
1976 $694,540,806 $2,765,254,237
1975 $684,282,434 $2,810,106,383
1974 $558,587,097 $2,894,409,938
1973 $425,950,488 $3,006,766,758
1972 $316,656,649 $2,112,293,280
1971 $247,749,328 $2,417,108,578
1970 $219,878,482 $2,215,028,588
1969 $182,182,068 $1,962,050,556
1968 $166,952,937 $1,666,909,518
1967 $162,625,886 $1,747,187,645
1966 $150,603,926 $2,126,300,672
1965 $147,084,750 $2,053,462,968
1964 $140,032,741 $1,731,296,200
1963 $129,454,729 $1,540,797,589
1962 $122,906,435 $1,382,515,654
1961 $116,987,785 $1,302,674,325
1960 $112,328,422 $1,217,230,095

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

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

GDP per capita in Fiji vs Ghana by year

Fiji
GDP per capita

GDP per capita, PPP
Ghana
GDP per capita

GDP per capita, PPP
1x
Year Current $
Fiji Ghana
GDP per capita GDP per capita, PPP GDP per capita GDP per capita, PPP
2024 $6,426 $15,450 $2,391 $8,020
2023 $5,926 $14,644 $2,384 $7,556
2022 $5,414 $12,982 $2,230 $7,208
2021 $4,537 $10,322 $2,445 $6,608
2020 $4,621 $10,716 $2,195 $6,047
2019 $5,842 $12,978 $2,187 $6,003
2018 $6,085 $12,984 $2,195 $5,536
2017 $5,827 $12,585 $2,012 $5,171
2016 $5,364 $11,766 $1,912 $5,011
2015 $5,098 $11,519 $1,723 $5,191
2014 $5,293 $10,516 $1,950 $5,517
2013 $4,572 $8,842 $2,295 $5,215
2012 $4,341 $8,204 $1,544 $4,934
2011 $4,140 $7,672 $1,507 $4,381
2010 $3,449 $7,339 $1,264 $3,855
2009 $3,164 $7,068 $1,048 $3,617
2008 $3,900 $7,154 $1,183 $3,516
2007 $3,763 $6,990 $1,050 $3,241
2006 $3,455 $6,921 $906 $3,103
2005 $3,378 $6,652 $479 $2,904
2004 $3,097 $6,463 $406 $2,729
2003 $2,656 $6,033 $358 $2,584
2002 $2,137 $5,914 $297.5 $2,475
2001 $1,945 $5,699 $263.5 $2,397
2000 $1,996 $5,521 $253.7 $2,315
1999 $2,328 $5,552 $403 $2,239
1998 $2,010 $5,090 $400 $2,167
1997 $2,574 $5,031 $378 $2,097
1996 $2,648 $5,109 $389 $2,026
1995 $2,467 $4,818 $372 $1,947
1994 $2,297 $4,627 $321 $1,875
1993 $2,070 $4,334 $360 $1,821
1992 $1,951 $4,172 $396 $1,739
1991 $1,775 $3,873 $418 $1,678
1990 $1,729 $3,882 $383 $1,581
1989 $1,543 - $350 -
1988 $1,463 - $355 -
1987 $1,569 - $355 -
1986 $1,745 - $411 -
1985 $1,577 - $330 -
1984 $1,667 - $330 -
1983 $1,628 - $311 -
1982 $1,773 - $319 -
1981 $1,879 - $344 -
1980 $1,873 - $372 -
1979 $1,627 - $347 -
1978 $1,355 - $326 -
1977 $1,204 - $292.3 -
1976 $1,186 - $261 -
1975 $1,188 - $273 -
1974 $984 - $289.4 -
1973 $762 - $310 -
1972 $575 - $223.8 -
1971 $458 - $263.4 -
1970 $414 - $248.2 -
1969 $350 - $225.8 -
1968 $327 - $196.7 -
1967 $326 - $211.2 -
1966 $310 - $263.3 -
1965 $311 - $260.5 -
1964 $306 - $225 -
1963 $291.4 - $205 -
1962 $285.5 - $188.4 -
1961 $280.3 - $181.9 -
1960 $277.4 - $174.9 -

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

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

Fiji's GDP per capita is $6,426, ranking 108/197, compared to $2,391 in Ghana, ranking 151/197. Adjusted for purchasing power (GDP per capita PPP), Fiji ranks 113th at $15,450, while Ghana ranks 140th at $8,020.

Economic indicators

Fiji Ghana
Gross domestic product
$5.97B
2024
$82.3B
2024
GDP rank
161/197
2024
80/197
2024
GDP growth
3.53%
2023-2024
5.59%
2023-2024
GDP per capita
$6,426
2024
$2,391
2024
GDP per capita rank
108/197
2024
151/197
2024
GDP per capita, PPP
$15,450
2024
$8,020
2024
GDP per capita PPP rank
113/197
2024
140/197
2024
Government debt
$4.54B
2024
$57.9B
2024
Debt-to-GDP ratio
76.2%
2024
70.3%
2024
Government debt per person
$4,893
2024
$1,682
2024
Government debt per person rank
80/185
2024
123/185
2024
Average annual personal income after taxes
$6,964
2026
$2,110
2026
Market capitalization of domestic companies n/a
$7.58B
2024
Income share by richest 10%
24.2%
2019
32.2%
2016
Income share by poorest 10%
3.5%
2019
1.6%
2016
Government expenditure, % of GDP
29.7%
2024
23.2%
2024
Consumer prices inflation
4.51%
2023-2024
22.8%
2023-2024
Central bank interest rate
0.25%
2020
25%
2025
Unemployment rate
5.36%
2024
2.87%
2022
Population
938628
35885254

Spending and national debt comparison by year

Fiji
Spending

Debt
Ghana
Spending

Debt
1x
Year % of GDP
Fiji Ghana
Government spending Government debt Government spending Government debt
2024 29.7% 76.2% 23.2% 70.3%
2023 28.8% 79.1% 18.5% 79.1%
2022 30.9% 83.3% 27.5% 92.7%
2021 36.7% 89% 27.2% 86.9%
2020 36.2% 72.9% 31.5% 79.1%
2019 30.8% 49.7% 22.5% 62.9%
2018 31.8% 44.8% 20.9% 62%
2017 27.3% 42.2% 17.6% 57%
2016 31.4% 43.6% 19.9% 55.9%
2015 29.8% 43% 18.6% 53.9%
2014 29.1% 44.5% 21% 50.1%
2013 25.1% 45.8% 21.6% 42.9%
2012 25.5% 47.7% 22.1% 35.5%
2011 25.3% 48.6% 19.5% 31.2%
2010 24.8% 51.8% 19% 32.9%
2009 26.2% 51.5% 16.6% 25.4%
2008 22.6% 47.5% 16.6% 23.2%
2007 23.3% 46% 16.8% 21.1%
2006 24.8% 49.2% 14.4% 17.3%
2005 23.3% 44% 12.9% 31.7%
2004 24% 44.5% 13.7% 38.4%
2003 25.8% 44.9% 12.1% 49.3%
2002 27.4% 43.4% 10.7% 54.1%
2001 26.4% 41% 13.8% 57.8%
2000 24.8% 36.9% 12% 74.5%
1999 23.2% 32.7% 11.1% 51.7%
1998 26.8% 36.6% 11.8% 37.6%
1997 29.1% 54.1% 12% 45.2%
1996 26.4% 48.8% 12.4% 42.9%
1995 23.2% 48.4% 13% 47.6%
1994 24.3% 47.6% 12.7% 50.6%
1993 25.7% 44.3% 12.1% 34.1%
1992 25.8% 42.2% 9.2% 21.3%
1991 - - 7.09% 17.3%
1990 - - 6.59% 17.8%
1989 - - 7.24% 23%
1988 - - 7.23% 23.5%
1987 - - 7.32% 26.8%
1986 - - 7.29% 18.2%
1985 - - 6.08% 14.4%
1984 - - 4.64% 13%
1983 - - 3.49% 9.21%
1982 - - 4.73% 8.51%
1981 - - 5.74% 8.77%
1980 - - 7.51% 9.75%
1979 - - 9.14% 11.5%
1978 - - 6.54% 11.4%
1977 - - 10.5% 20.7%
1976 - - 12.8% 26%
1975 - - 13.2% 21.8%
1974 - - 9.52% 21.8%
1973 - - 9.35% 25.4%
1972 - - 11.4% 29.8%
1971 - - 11.7% 29.5%
1970 - - 12.2% 31.9%
1969 - - 11.2% 31.4%
1968 - - 12.3% 34.5%
1967 - - 11.5% 33.9%
1966 - - 9.12% 29.8%
1965 - - 14.2% 30.2%
1964 - - 15.8% 30.8%
1963 - - 15.3% 30.5%
1962 - - 12.5% 11.8%

Data sources: International Monetary Fund (IMF) | Fiscal Monitor (1990–2024, retrieved 2026-02-20); International Monetary Fund (IMF) | Public Finances in Modern History (1962–1989, retrieved 2026-02-20).

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

In 2024, Fiji's government spending was $1.77B, accounting for 29.7% of its GDP, while Ghana spent $19.1B, or 23.2% of GDP.

Debt-to-GDP ratio is 76.2% in Fiji and 70.3% in Ghana, ranking 47/185 and 57/185, respectively.

Government deficit by year

Deficit/surplus
Fiji

Ghana
1x
Year Deficit/surplus, % of GDP
Fiji Ghana
2024 -3.36% -7.31%
2023 -6.82% -3.37%
2022 -11.2% -11.8%
2021 -14.6% -12%
2020 -9.24% -17.4%
2019 -3.67% -7.52%
2018 -4.72% -6.79%
2017 -2.22% -3.97%
2016 -5.58% -6.75%
2015 -3.8% -4.01%
2014 -3.36% -7.81%
2013 -0.08% -9.12%
2012 -0.67% -8.36%
2011 -0.69% -5.47%
2010 -1.26% -7.13%
2009 -2.76% -5.05%
2008 1.54% -5.56%
2007 0.35% -4.91%
2006 -0.74% -3.11%
2005 -1.14% -1.87%
2004 -0.95% -2.02%
2003 -3.34% -1.99%
2002 -3.58% -2.73%
2001 -4.4% -3.64%
2000 -1.37% -3.98%
1999 1.1% -5.64%
1998 5.21% -5.27%
1997 -4.48% -6.14%
1996 -3.35% -5.61%
1995 0.77% -4.52%
1994 -0.19% -4.99%
1993 -1.83% -5.39%
1992 -2.14% -4.5%
1991 - -1.47%
1990 - -1.93%
1989 - -0.81%
1988 - -1.08%
1987 - -0.92%
1986 - -1.26%
1985 - -1.19%
1984 - -0.98%
1983 - -1.13%
1982 - -2.03%
1981 - -3.8%
1980 - -4.73%
1979 - -3.61%
1978 - -1.21%
1977 - -4.68%
1976 - -5.53%
1975 - -4.05%
1974 - -2.06%
1973 - -2.64%
1972 - -2.19%
1971 - 0.13%
1970 - -2.35%
1969 - -2.67%
1968 - -2.34%
1967 - -2.32%
1966 - -1.29%
1965 - -3.29%
1964 - -3.72%
1963 - -5.66%
1962 - -5.04%

Data sources: International Monetary Fund (IMF) | Fiscal Monitor (1990–2024, retrieved 2026-02-20); International Monetary Fund (IMF) | Public Finances in Modern History (1962–1989, retrieved 2026-02-20).

GeoRank.org/economy/fiji/ghana | 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 Ghana's deficit of $6.02B, or 7.31% of GDP.

Over the past 33 years, Fiji recorded a fiscal deficit in 28 of those years, while Ghana ran a deficit in 33 years. On average, Fiji posted an annual deficit equal to 2.81% of GDP, compared to deficit of 5.93% of GDP for Ghana.

Inflation comparison by year

Inflation
Fiji

Ghana
1x
Year Consumer prices inflation
Fiji Ghana
2024 4.51% 22.8%
2023 2.34% 38.1%
2022 4.32% 31.3%
2021 0.16% 9.97%
2020 -2.6% 9.89%
2019 1.77% 7.14%
2018 4.08% 7.81%
2017 3.35% 12.4%
2016 3.86% 17.5%
2015 1.37% 17.1%
2014 0.52% 15.5%
2013 2.91% 11.7%
2012 3.42% 11.2%
2011 7.28% 8.73%
2010 3.69% 10.7%
2009 3.13% 19.2%
2008 7.73% 16.5%
2007 4.8% 10.7%
2006 2.49% 11.7%
2005 2.37% 15.4%
2004 2.83% 18%
2003 4.17% 29.8%
2002 0.76% 9.36%
2001 4.27% 41.5%
2000 1.09% 40.2%
1999 1.97% 4.87%
1998 5.71% 14.6%
1997 3.37% 27.9%

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

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

Over the past 28 years, Fiji has recorded an average annual inflation rate of 3.06%, compared with 17.6% in Ghana. In 2024, inflation was 4.51% in Fiji and 22.8% in Ghana.

Top exports between countries

Fiji
Export category Export value
Textiles & consumer goods $92K
Miscellaneous $12K
Machinery & equipment $1K
Processed food, beverages & tobacco $1K
Ghana
Export category Export value

Balance of trade

Fiji Ghana
Current account balance
-$866M
2022
$1.68B
2024
Current account balance ranking
120/190
2022
49/190
2024
Current account balance, % of GDP
-17.4%
2022
+2.04%
2024
Goods imports
$2.68B
2022
$15.4B
2024
Goods exports
$1.05B
2022
$19.2B
2024
Service imports
$754M
2022
$11.5B
2024
Service exports
$1.33B
2022
$9.27B
2024
Imports of goods and services, % of GDP
69.2%
2023
34.3%
2024
Exports of goods and services, % of GDP
57%
2023
35.5%
2024

Economic freedom indices

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

Fiji Ghana
Economic freedom 59.5 57.3
Economic freedom ranking 103/197 118/197
Property rights 59.9 50.2
Government integrity 55.4 45.4
Judicial effectiveness 53.2 57.5
Tax burden 87.8 79.4
Government spending 70 84
Fiscal health 7.5 10.1
Business freedom 69.5 64.5
Labor freedom 66.9 54.9
Monetary freedom 72.4 56.7
Trade freedom 66.6 65.2
Investment freedom 55 60
Financial freedom 50 60

Economic freedom comparison by year

Fiji
Ghana
1x
Year Economic freedom index
Fiji Ghana
2026 59.5 57.3
2025 59.1 56
2024 58 55.8
2023 58 58
2022 56.4 59.8
2021 62.2 59.2
2020 63.4 59.4
2019 62.2 57.5
2018 62 56
2017 63.4 56.2
2016 58.8 63
2015 59 63
2014 58.7 64.2
2013 57.2 61.3
2012 57.3 60.7
2011 60.4 59.4
2010 60.3 60.2
2009 61 58.1
2008 61.8 57
2007 60.8 57.6
2006 58.4 55.6
2005 58.2 56.5
2004 58 59.1
2003 54.7 58.2
2002 53.9 57.2
2001 53.7 58
2000 57.8 58.1
1999 58.4 57.9
1998 58.2 57
1997 58 56.7
1996 57.4 57.7
1995 54.7 55.6

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

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

The Economic Freedom Index for Fiji is 59.5, ranking 103/197, compared to 57.3 for Ghana, ranking 118/197. The chart above displays a comparison of annual changes in economic freedom indexes.

Other economic metrics

Fiji Ghana
Services, % of GDP
54.6%
2024
40.9%
2024
Industry, % of GDP
16.5%
2024
31.5%
2024
Agriculture, forestry, and fishing, % of GDP
13.2%
2024
20.9%
2024
GNI, Atlas method
$5.4B
2024
$79.5B
2024
GNI per capita, PPP
$14,490
2024
$7,720
2024
Total reserves including gold
$1.6B
2024
$3.62B
2023
Total reserves ranking
133/177
2024
112/177
2023
Net foreign direct investment
-$86.9M
2022
-$1.76B
2024
Net inflows of foreign direct investment
$204M
2024
$1.77B
2024
Net outflows of foreign direct investment
$25.6M
2024
$5.37M
2024
Servicing debt to the IMF, % of GNI
4.36%
2024
3.45%
2024
Poverty at national poverty lines
31%
2020
23.4%
2016
Gross capital formation, % of GDP
19.7%
2023
10%
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/ghana | 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 (1962–1989, 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 (2020–2023, 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.