Fiji vs Grenada: Economic Indicators Comparison

Fiji with a GDP of $5.5B ranked the 152nd largest economy in the world, while Grenada ranked 183rd with $1.2B. By GDP per capita, Fiji and Grenada ranked 98th vs 70th, respectively.

Gross Domestic Product & Income

Stat	Fiji	Grenada
GDP	$5.5B	$1.2B
GDP growth, 1 year	3.2%	4.18%
GDP growth, 5-years average	3.3%	N/A
Population	906k	108k
GDP per capita	$6.3k	$11k
GDP per capita growth	2.82%	3.64%
Purchasing Power Parity conversion factor	1.2	1.85
Price level ratio of PPP conversion factor GDP to market exchange rate	0.58	0.68
GDP per capita, PPP adjusted	$10k	$16k
GNI, Atlas method	$5.2B	$1.1B
GNI per capita	$5.9k	$9.7k
GNI, PPP adjusted	$9B	$1.6B
GNI per capita, PPP adjusted	$10k	$14k

Financial system and Human development

Stat	Fiji	Grenada
Income Tax Rate	29%	N/A
Corporate Tax Rate	20%	N/A
Inflation, consumer prices	4.1%	0.8%
Inflation, GDP deflator	0.9%	1%
Unemployment	4.2%	22.9%
Economic Freedom Index	63.4	63
Personal Freedom Index	7.89	6
Human Freedom Index	7.46	6
Property Rights Index	69.9	N/A
Judical Effectiveness Index	42.6	N/A
Business Freedom Index	62.6	N/A
Fiscal Health Index	84.2	N/A
Labor Freedom Index	76.2	N/A
Investment Freedom Index	55	N/A
Financial Freedom Index	50	N/A
Trade Freedom Index	52.8	N/A
Monetary Freedom Index	72.5	N/A
Government Spending Index	68.9	N/A
Tax Burden Index	80.5	N/A
Government Integrity Index	45.6	N/A
Corruption Perceptions Index	58	52
Life expectancy at birth, years	67.3	72.4
Suicide mortality rate, per 100,000 people	5	1.7
Mortality caused by road traffic injury, per 100,000 people	9.6	9.3
Intentional homicides, per 100,000 people	2.3	11.1
International tourism, number of arrivals	870k	185k

Government debt & reserves

Stat	Fiji	Grenada
Central government debt, % of GDP	49.7%	N/A
External debt stocks, % of GNI	16.7%	58.8%
External debt stocks	$851.8M	$644.9M
Short-term debt, % of total reserves	4.7%	50.4%
Total debt service, % of exports and primary income	2%	8.4%
Adjusted net savings including particulate emission damage, % of GNI	8.1%	N/A
Gross savings, % of GDP	N/A	N/A
Gross capital formation, % of GDP	N/A	N/A
Total reserves including gold	$947.7M	$233.8M
Foreign direct investment net inflows	$468.8M	$153.7M

Exports, imports and economic structure

Stat	Fiji	Grenada
Exports of goods and services, % of GDP	N/A	54.2%
Imports of goods and services, % of GDP	N/A	55.2%
Current account balance (balance of payments)	-$470.1M	-$116.3M
Revenue excluding grants, % of GDP	26.4%	N/A
Grants excluding technical cooperation, BoP	$65.9M	$250k
Personal remittances received	$284.7M	$48.5M
Industry including construction value added, % of GDP	15.6%	13.3%
Agriculture, forestry and fishing value added, % of GDP	10.7%	5.2%
Charges for the use of intellectual property, payments BoP	$6.7M	$9.3M
Charges for the use of intellectual property, receipts BoP	$861k	$56k
Expense, % of GDP	28.3%	N/A
Government Expenditure, % of GDP	32.2%	N/A