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Economy of Fiji vs Guinea-Bissau compared: GDP & Debt

Updated on by Georank

Fiji has a GDP of $6.2B compared to $2.53B for Guinea-Bissau, ranking 161/197 and 176/197 by economy size, respectively.

Fiji has $4.88B in government debt (78.7% of GDP), compared to $1.9B (75.3% of GDP) in Guinea-Bissau.

Fiji vs Guinea-Bissau GDP by year

Fiji
Guinea-Bissau
1x
Year GDP, current $
Fiji Guinea-Bissau
2025 $6,198,013,062 $2,527,930,273
2024 $5,968,125,909 $2,197,777,210
2023 $5,476,673,518 $2,076,748,678
2022 $4,977,861,886 $1,856,239,955
2021 $4,158,873,156 $1,907,611,288
2020 $4,227,719,873 $1,705,062,170
2019 $5,344,907,153 $1,596,214,680
2018 $5,581,425,327 $1,554,133,594
2017 $5,353,469,174 $1,469,978,606
2016 $4,930,213,644 $1,245,074,264
2015 $4,682,479,894 $1,152,384,167
2014 $4,857,104,769 $1,135,250,721
2013 $4,189,967,999 $1,109,682,824
2012 $3,972,028,104 $1,049,412,177
2011 $3,779,411,899 $1,157,074,319
2010 $3,140,166,713 $940,112,539
2009 $2,870,624,636 $890,167,833
2008 $3,523,185,920 $952,667,544
2007 $3,378,314,600 $753,162,998
2006 $3,076,305,453 $634,781,901
2005 $2,980,403,845 $639,776,041
2004 $2,708,078,477 $582,169,841
2003 $2,300,492,465 $553,614,800
2002 $1,833,279,985 $466,773,711
2001 $1,652,462,023 $412,610,872
2000 $1,678,219,508 $391,345,597
1999 $1,936,459,986 $579,365,780
1998 $1,653,146,717 $591,034,143
1997 $2,090,221,137 $698,107,222
1996 $2,128,696,644 $702,965,148
1995 $1,970,301,486 $660,195,402
1994 $1,825,732,093 $612,502,085
1993 $1,636,101,247 $615,779,519
1992 $1,532,411,039 $588,309,271
1991 $1,383,883,250 $668,470,891
1990 $1,337,017,559 $634,187,269
1989 $1,182,660,266 $554,072,303
1988 $1,110,009,523 $427,514,322
1987 $1,177,947,965 $451,893,375
1986 $1,290,267,340 $338,524,233
1985 $1,141,168,944 $373,959,151
1984 $1,178,000,678 $359,980,491
1983 $1,123,085,190 $425,225,177
1982 $1,194,059,943 $430,284,022
1981 $1,235,626,771 $402,230,865
1980 $1,202,618,816 $287,648,258
1979 $1,019,691,460 $308,143,183
1978 $829,267,889 $318,876,550
1977 $719,501,766 $298,871,675
1976 $694,540,806 $292,152,321
1975 $684,282,434 $283,311,997
1974 $558,587,097 $256,769,730
1973 $425,950,488 $232,331,281
1972 $316,656,649 $227,986,203
1971 $247,749,328 $204,167,297
1970 $219,878,482 $204,670,551
1969 $182,182,068 -
1968 $166,952,937 -
1967 $162,625,886 -
1966 $150,603,926 -
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 (1960–2025, retrieved 2026-07-08).

GeoRank.org/economy/fiji/guinea-bissau | CC BY

GDP per capita in Fiji vs Guinea-Bissau by year

Fiji
GDP per capita

GDP per capita, PPP
Guinea-Bissau
GDP per capita

GDP per capita, PPP
1x
Year Current $
Fiji Guinea-Bissau
GDP per capita GDP per capita, PPP GDP per capita GDP per capita, PPP
2025 $6,642 - $1,124 -
2024 $6,426 $15,450 $998 $3,119
2023 $5,926 $14,644 $964 $2,990
2022 $5,414 $12,982 $882 $2,789
2021 $4,537 $10,322 $927 $2,523
2020 $4,621 $10,716 $847 $2,340
2019 $5,842 $12,978 $811 $2,247
2018 $6,085 $12,984 $809 $2,058
2017 $5,827 $12,585 $783 $2,082
2016 $5,364 $11,766 $680 $1,824
2015 $5,098 $11,519 $645 $1,730
2014 $5,293 $10,516 $652 $1,456
2013 $4,572 $8,842 $654 $1,416
2012 $4,341 $8,204 $635 $1,402
2011 $4,140 $7,672 $720 $1,472
2010 $3,449 $7,339 $600 $1,370
2009 $3,164 $7,068 $583 $1,315
2008 $3,900 $7,154 $640 $1,309
2007 $3,763 $6,990 $519 $1,260
2006 $3,455 $6,921 $449 $1,226
2005 $3,378 $6,652 $463 $1,187
2004 $3,097 $6,463 $431 $1,105
2003 $2,656 $6,033 $420 $1,089
2002 $2,137 $5,914 $362 $1,095
2001 $1,945 $5,699 $327 $1,064
2000 $1,996 $5,521 $317 $1,014
1999 $2,328 $5,552 $479 $1,001
1998 $2,010 $5,090 $498 $861
1997 $2,574 $5,031 $599 $1,118
1996 $2,648 $5,109 $615 $1,052
1995 $2,467 $4,818 $589 $945
1994 $2,297 $4,627 $561 $909
1993 $2,070 $4,334 $582 $890
1992 $1,951 $4,172 $574 $880
1991 $1,775 $3,873 $672 $877
1990 $1,729 $3,882 $651 $824
1989 $1,543 - $578 -
1988 $1,463 - $454 -
1987 $1,569 - $488 -
1986 $1,745 - $371 -
1985 $1,577 - $417 -
1984 $1,667 - $407 -
1983 $1,628 - $489 -
1982 $1,773 - $503 -
1981 $1,879 - $477 -
1980 $1,873 - $347 -
1979 $1,627 - $376 -
1978 $1,355 - $403 -
1977 $1,204 - $403 -
1976 $1,186 - $421 -
1975 $1,188 - $435 -
1974 $984 - $419 -
1973 $762 - $392 -
1972 $575 - $389 -
1971 $458 - $348 -
1970 $414 - $350 -
1969 $350 - - -
1968 $327 - - -
1967 $326 - - -
1966 $310 - - -
1965 $311 - - -
1964 $306 - - -
1963 $291.4 - - -
1962 $285.5 - - -
1961 $280.3 - - -
1960 $277.4 - - -

Data sources: World Bank | Economy & Growth (1960–2025, retrieved 2026-07-08).

GeoRank.org/economy/fiji/guinea-bissau | CC BY

Fiji's GDP per capita is $6,642, ranking 106/197, compared to $1,124 in Guinea-Bissau, ranking 177/197. Adjusted for purchasing power (GDP per capita PPP), Fiji ranks 113th at $15,450, while Guinea-Bissau ranks 179th at $3,119.

Economic indicators

Fiji Guinea-Bissau
Gross domestic product
$6.2B
2025
$2.53B
2025
GDP rank
161/197
2025
176/197
2025
GDP growth
3.2%
2024-2025
5.82%
2024-2025
GDP per capita
$6,642
2025
$1,124
2025
GDP per capita rank
106/197
2025
177/197
2025
GDP per capita, PPP
$15,450
2024
$3,119
2024
GDP per capita PPP rank
113/197
2024
179/197
2024
Government debt
$4.88B
2025
$1.9B
2025
Debt-to-GDP ratio
78.7%
2025
75.3%
2025
Government debt per person
$5,227
2025
$846
2025
Government debt per person rank
82/185
2025
149/185
2025
Average annual personal income after taxes
$4,553
2026
$1,483
2026
Income share by richest 10%
24.2%
2019
26.1%
2021
Income share by poorest 10%
3.5%
2019
3.4%
2021
Government expenditure, % of GDP
31.5%
2025
19.9%
2025
Consumer prices inflation
-1.38%
2024-2025
0.9%
2024-2025
Central bank interest rate
0.25%
2020
n/a
Unemployment rate
5.36%
2024
2.67%
2022
Population
939479
2323460

Spending and national debt comparison by year

Fiji
Spending

Debt
Guinea-Bissau
Spending

Debt
1x
Year % of GDP
Fiji Guinea-Bissau
Government spending Government debt Government spending Government debt
2025 31.5% 78.7% 19.9% 75.3%
2024 30.8% 79.1% 20.4% 82.4%
2023 30.2% 82.9% 21.9% 79.4%
2022 33.9% 91.5% 21.3% 80.7%
2021 35.8% 86.7% 25% 78.8%
2020 32.7% 65.8% 25% 77.6%
2019 30.7% 49.5% 18.8% 65.1%
2018 32.5% 45.8% 19.5% 59.1%
2017 28.1% 43.4% 18.1% 51.8%
2016 32.1% 44.6% 20.5% 59.1%
2015 30.6% 44.3% 21.5% 56.3%
2014 30.2% 46.2% 23% 60.1%
2013 25.9% 47.4% 12.4% 49.6%
2012 26% 48.6% 13% 47.4%
2011 26.5% 51% 17.3% 45.6%
2010 25.5% 53.4% 18.5% 61.7%
2009 26.2% 51.5% 20.6% 148.3%
2008 22.8% 47.9% 21.8% 148.8%
2007 23.5% 46.4% 23.7% 164%
2006 25.4% 50.3% 19.8% 190.4%
2005 24% 45.3% 20.2% 203.7%
2004 24.7% 45.9% 23% 202%
2003 26.7% 46.4% 17% 183.4%
2002 28.1% 44.5% 14.1% 197.5%
2001 27% 41.9% 19.1% 204.4%
2000 24.2% 35.9% 23.5% 217.1%
1999 24.6% 34.7% 12.1% 109.9%
1998 27.7% 37.9% 8.72% 109.1%
1997 29.2% 54.4% 12.7% 94.3%
1996 27.2% 50.3% 8.93% 117.3%
1995 23.5% 49.1% 8.14% 103.3%
1994 24.9% 48.8% 18.4% 105.5%
1993 26.7% 45.9% 13.1% 112.4%
1992 27.1% 44.3% 10.1% 85.3%
1991 - - 9.19% 88.9%

Data sources: International Monetary Fund (IMF) | Fiscal Monitor (1991–2025, retrieved 2026-07-08); International Monetary Fund (IMF) | Public Finances in Modern History (1991–1996, retrieved 2026-07-08).

GeoRank.org/economy/fiji/guinea-bissau | CC BY

In 2025, Fiji's government spending was $1.95B, accounting for 31.5% of its GDP, while Guinea-Bissau spent $502M, or 19.9% of GDP.

Debt-to-GDP ratio is 78.7% in Fiji and 75.3% in Guinea-Bissau, ranking 45/185 and 49/185, respectively.

Government deficit by year

Deficit/surplus
Fiji

Guinea-Bissau
1x
Year Deficit/surplus, % of GDP
Fiji Guinea-Bissau
2025 -2.46% -6.69%
2024 -3.44% -7.26%
2023 -7.15% -8.15%
2022 -12.3% -6.06%
2021 -14.2% -5.88%
2020 -8.34% -9.64%
2019 -3.65% -3.86%
2018 -4.82% -4.76%
2017 -2.28% -1.32%
2016 -5.7% -5.34%
2015 -3.91% -3.16%
2014 -3.48% -2.44%
2013 -0.08% -1.67%
2012 -0.68% -2.12%
2011 -0.72% -1.35%
2010 -1.29% -0.23%
2009 -2.76% 2.68%
2008 1.56% -0.73%
2007 0.36% -8.77%
2006 -0.76% -4.57%
2005 -1.18% -4.96%
2004 -0.98% -5.92%
2003 -3.46% -5.63%
2002 -3.68% -3.7%
2001 -4.5% -1.83%
2000 -1.33% -2.8%
1999 1.17% -4.06%
1998 5.4% -5.95%
1997 -4.5% -2.56%
1996 -3.46% 3.48%
1995 0.78% 2.45%
1994 -0.2% -5.54%
1993 -1.9% -0.34%
1992 -2.25% -0.25%
1991 - 1.61%

Data sources: International Monetary Fund (IMF) | Fiscal Monitor (1991–2025, retrieved 2026-07-08).

GeoRank.org/economy/fiji/guinea-bissau | CC BY

In 2025, Fiji's government deficit, the difference between spending and revenue, was $153M, equivalent to 2.46% of GDP. This compares to Guinea-Bissau's deficit of $169M, or 6.69% of GDP.

Over the past 34 years, Fiji recorded a fiscal deficit in 29 of those years, while Guinea-Bissau ran a deficit in 31 years. On average, Fiji posted an annual deficit equal to 2.83% of GDP, compared to deficit of 3.5% of GDP for Guinea-Bissau.

Inflation comparison by year

Inflation
Fiji

Guinea-Bissau
1x
Year Consumer prices inflation
Fiji Guinea-Bissau
2025 -1.38% 0.9%
2024 3.89% 3.7%
2023 2.98% 7.2%
2022 6.08% 7.9%
2021 1.53% 3.3%
2020 -1.7% 1.5%
2019 1.79% 0.3%
2018 4.08% 0.4%
2017 3.35% -0.2%
2016 3.86% 2.7%
2015 1.37% 1.5%
2014 0.52% -1%
2013 2.91% 0.8%
2012 3.42% 2.1%
2011 7.28% 5.1%
2010 3.69% 1.1%
2009 3.13% -1.6%
2008 7.73% 10.4%
2007 4.8% 4.6%
2006 2.49% 2%
2005 2.37% 3.4%
2004 2.83% 0.8%
2003 4.17% -3.5%
2002 0.76% 3.3%
2001 4.27% 3.3%
2000 1.09% 8.6%
1999 1.97% -2.1%
1998 5.71% 8.1%
1997 3.37% 49.1%

Data sources: International Monetary Fund (IMF) | World Economic Outlook (1997–2025, retrieved 2026-07-08); World Bank | Economy & Growth (1997–2025, retrieved 2026-07-08).

GeoRank.org/economy/fiji/guinea-bissau | CC BY

Over the past 29 years, Fiji has recorded an average annual inflation rate of 3.05%, compared with 4.27% in Guinea-Bissau. In 2025, inflation was -1.38% in Fiji and 0.9% in Guinea-Bissau.

Balance of trade

Fiji Guinea-Bissau
Current account balance
-$464M
2024
-$162M
2024
Current account balance ranking
104/190
2024
87/190
2024
Current account balance, % of GDP
-7.78%
2024
-7.36%
2024
Goods imports
$2.86B
2024
$414M
2024
Goods exports
$1.13B
2024
$229M
2024
Service imports
$996M
2024
$198M
2024
Service exports
$2.12B
2024
$51M
2024
Imports of goods and services, % of GDP
64.6%
2024
27%
2025
Exports of goods and services, % of GDP
54.4%
2024
13.9%
2025

Economic freedom indices

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

Fiji Guinea-Bissau
Economic freedom 59.5 43.2
Economic freedom ranking 103/197 181/197
Property rights 59.9 28.4
Government integrity 55.4 21
Judicial effectiveness 53.2 13.2
Tax burden 87.8 89
Government spending 70 86.5
Fiscal health 7.5 6.5
Business freedom 69.5 34.6
Labor freedom 66.9 55.9
Monetary freedom 72.4 75.9
Trade freedom 66.6 47
Investment freedom 55 30
Financial freedom 50 30

Economic freedom comparison by year

Fiji
Guinea-Bissau
1x
Year Economic freedom index
Fiji Guinea-Bissau
2026 59.5 43.2
2025 59.1 43.6
2024 58 42.7
2023 58 44.6
2022 56.4 46
2021 62.2 54.9
2020 63.4 53.3
2019 62.2 54
2018 62 56.9
2017 63.4 56.1
2016 58.8 51.8
2015 59 52
2014 58.7 51.3
2013 57.2 51.1
2012 57.3 50.1
2011 60.4 46.5
2010 60.3 43.6
2009 61 45.4
2008 61.8 44.4
2007 60.8 46.1
2006 58.4 46.5
2005 58.2 46
2004 58 42.6
2003 54.7 43.1
2002 53.9 42.3
2001 53.7 42.5
2000 57.8 34.7
1999 58.4 33.5
1998 58.2 -
1997 58 -
1996 57.4 -
1995 54.7 -

Data sources: The Heritage Foundation | Economic Freedom Index (1995–2026, retrieved 2026-07-08).

GeoRank.org/economy/fiji/guinea-bissau | CC BY

The Economic Freedom Index for Fiji is 59.5, ranking 103/197, compared to 43.2 for Guinea-Bissau, ranking 181/197. The chart above displays a comparison of annual changes in economic freedom indexes.

Other economic metrics

Fiji Guinea-Bissau
Services, % of GDP
57%
2025
39.1%
2025
Industry, % of GDP
13.9%
2025
15.7%
2025
Agriculture, forestry, and fishing, % of GDP
14%
2025
40.6%
2025
GNI, Atlas method
$5.81B
2025
$2.45B
2025
GNI per capita, PPP
$15,360
2025
$3,320
2025
Total reserves including gold
$1.66B
2025
n/a
Total reserves ranking
130/177
2025
n/a
Net foreign direct investment
-$178M
2024
-$26.3M
2024
Net inflows of foreign direct investment
$204M
2024
$26.7M
2024
Net outflows of foreign direct investment
$25.6M
2024
$389K
2024
Servicing debt to the IMF, % of GNI
4.36%
2024
1.77%
2024
Poverty at national poverty lines
31%
2020
50.5%
2021
Gross capital formation, % of GDP
20.9%
2024
25.8%
2025

GDP per capita map

1x

Data sources: World Bank | Economy & Growth (1985–2025, retrieved 2026-07-08); U.S. Census Bureau (1985–2025, retrieved 2026-07-08).

GeoRank.org/economy/fiji/guinea-bissau | CC BY

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Data sources:

  1. World Bank | Economy & Growth (1960–2025, retrieved 2026-07-08)
  2. International Monetary Fund (IMF) | Fiscal Monitor (1991–2025, retrieved 2026-07-08)
  3. The Heritage Foundation | Economic Freedom Index (1995–2026, retrieved 2026-07-08)
  4. U.S. Census Bureau (1985–2025, retrieved 2026-07-08)
  5. International Monetary Fund (IMF) | Public Finances in Modern History (1991–1996, retrieved 2026-07-08)
  6. United Nations | World Population Prospects (2026, retrieved 2026-07-08)
  7. LivingCost (2026, retrieved 2026-07-08)
  8. Central Intelligence Agency (CIA) (2020, retrieved 2026-07-08)

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.