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Economy of Fiji vs Honduras compared: GDP & Debt

Updated on by Georank team

Fiji has a GDP of $5.97B compared to $37.1B for Honduras, ranking 161/197 and 104/197 by economy size, respectively.

Fiji has $4.54B in government debt (76.2% of GDP), compared to $17.5B (47.1% of GDP) in Honduras.

Fiji vs Honduras GDP by year

Fiji
Honduras
1x
Year GDP, current $
Fiji Honduras
2024 $5,968,125,909 $37,093,565,854
2023 $5,476,673,518 $34,355,805,528
2022 $4,977,861,886 $31,426,041,807
2021 $4,158,873,156 $28,144,331,507
2020 $4,227,719,873 $23,352,232,484
2019 $5,344,907,153 $24,882,225,742
2018 $5,581,425,327 $24,067,750,760
2017 $5,353,469,174 $23,136,247,991
2016 $4,930,213,644 $21,717,604,952
2015 $4,682,479,894 $20,979,791,685
2014 $4,857,104,769 $19,756,533,972
2013 $4,189,967,999 $18,499,729,215
2012 $3,972,028,104 $18,528,554,398
2011 $3,779,411,899 $17,710,275,685
2010 $3,140,166,713 $15,839,344,592
2009 $2,870,624,636 $14,587,496,229
2008 $3,523,185,920 $13,881,731,876
2007 $3,378,314,600 $12,361,257,681
2006 $3,076,305,453 $10,917,477,066
2005 $2,980,403,845 $9,757,012,697
2004 $2,708,078,477 $8,869,299,234
2003 $2,300,492,465 $8,230,391,347
2002 $1,833,279,985 $7,858,255,413
2001 $1,652,462,023 $7,651,162,302
2000 $1,678,219,508 $7,186,638,029
1999 $1,936,459,986 $6,394,090,592
1998 $1,653,146,717 $6,163,707,533
1997 $2,090,221,137 $5,569,178,707
1996 $2,128,696,644 $4,798,834,459
1995 $1,970,301,486 $4,672,346,194
1994 $1,825,732,093 $4,105,686,899
1993 $1,636,101,247 $4,190,773,622
1992 $1,532,411,039 $4,122,846,905
1991 $1,383,883,250 $3,699,381,195
1990 $1,337,017,559 $3,734,460,117
1989 $1,182,660,266 $4,375,896,552
1988 $1,110,009,523 $4,892,660,944
1987 $1,177,947,965 $5,024,800,000
1986 $1,290,267,340 $4,706,100,000
1985 $1,141,168,944 $4,328,300,000
1984 $1,178,000,678 $4,029,900,000
1983 $1,123,085,190 $3,840,550,000
1982 $1,194,059,943 $3,619,500,000
1981 $1,235,626,771 $3,501,800,000
1980 $1,202,618,816 $3,184,400,000
1979 $1,019,691,460 $2,778,900,000
1978 $829,267,889 $2,393,650,000
1977 $719,501,766 $1,900,700,000
1976 $694,540,806 $1,589,300,000
1975 $684,282,434 $1,330,050,000
1974 $558,587,097 $1,243,000,000
1973 $425,950,488 $1,128,299,436
1972 $316,656,649 $1,030,645,362
1971 $247,749,328 $958,450,000
1970 $219,878,482 $904,400,000
1969 $182,182,068 $844,400,000
1968 $166,952,937 $815,450,000
1967 $162,625,886 $750,950,000
1966 $150,603,926 $692,150,000
1965 $147,084,750 $651,050,000
1964 $140,032,741 $591,100,000
1963 $129,454,729 $553,500,000
1962 $122,906,435 $532,450,000
1961 $116,987,785 $503,300,000
1960 $112,328,422 $475,650,000

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

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

GDP per capita in Fiji vs Honduras by year

Fiji
GDP per capita

GDP per capita, PPP
Honduras
GDP per capita

GDP per capita, PPP
1x
Year Current $
Fiji Honduras
GDP per capita GDP per capita, PPP GDP per capita GDP per capita, PPP
2024 $6,426 $15,450 $3,426 $7,486
2023 $5,926 $14,644 $3,227 $7,178
2022 $5,414 $12,982 $3,003 $6,805
2021 $4,537 $10,322 $2,735 $6,203
2020 $4,621 $10,716 $2,308 $5,385
2019 $5,842 $12,978 $2,502 $5,785
2018 $6,085 $12,984 $2,465 $5,633
2017 $5,827 $12,585 $2,413 $5,621
2016 $5,364 $11,766 $2,307 $5,186
2015 $5,098 $11,519 $2,271 $4,846
2014 $5,293 $10,516 $2,180 $4,460
2013 $4,572 $8,842 $2,081 $4,137
2012 $4,341 $8,204 $2,126 $4,016
2011 $4,140 $7,672 $2,074 $3,901
2010 $3,449 $7,339 $1,893 $3,758
2009 $3,164 $7,068 $1,781 $3,656
2008 $3,900 $7,154 $1,732 $3,806
2007 $3,763 $6,990 $1,578 $3,664
2006 $3,455 $6,921 $1,426 $3,438
2005 $3,378 $6,652 $1,305 $3,204
2004 $3,097 $6,463 $1,215 $3,001
2003 $2,656 $6,033 $1,156 $2,821
2002 $2,137 $5,914 $1,132 $2,715
2001 $1,945 $5,699 $1,132 $2,645
2000 $1,996 $5,521 $1,093 $2,587
1999 $2,328 $5,552 $999 $2,372
1998 $2,010 $5,090 $989 $2,152
1997 $2,574 $5,031 $917 $1,959
1996 $2,648 $5,109 $813 $1,617
1995 $2,467 $4,818 $814 $1,329
1994 $2,297 $4,627 $736 $1,074
1993 $2,070 $4,334 $773 $838
1992 $1,951 $4,172 $782 $741
1991 $1,775 $3,873 $722 $684
1990 $1,729 $3,882 $750 $540
1989 $1,543 - $904 -
1988 $1,463 - $1,039 -
1987 $1,569 - $1,098 -
1986 $1,745 - $1,058 -
1985 $1,577 - $1,001 -
1984 $1,667 - $960 -
1983 $1,628 - $942 -
1982 $1,773 - $914 -
1981 $1,879 - $912 -
1980 $1,873 - $854 -
1979 $1,627 - $769 -
1978 $1,355 - $683 -
1977 $1,204 - $559 -
1976 $1,186 - $482 -
1975 $1,188 - $417 -
1974 $984 - $401 -
1973 $762 - $375 -
1972 $575 - $353 -
1971 $458 - $338 -
1970 $414 - $329 -
1969 $350 - $316 -
1968 $327 - $314 -
1967 $326 - $298.2 -
1966 $310 - $282.9 -
1965 $311 - $273.9 -
1964 $306 - $255.9 -
1963 $291.4 - $246.6 -
1962 $285.5 - $244 -
1961 $280.3 - $237.3 -
1960 $277.4 - $230.7 -

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

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

Fiji's GDP per capita is $6,426, ranking 108/197, compared to $3,426 in Honduras, ranking 136/197. Adjusted for purchasing power (GDP per capita PPP), Fiji ranks 113th at $15,450, while Honduras ranks 146th at $7,486.

Economic indicators

Fiji Honduras
Gross domestic product
$5.97B
2024
$37.1B
2024
GDP rank
161/197
2024
104/197
2024
GDP growth
3.53%
2023-2024
3.55%
2023-2024
GDP per capita
$6,426
2024
$3,426
2024
GDP per capita rank
108/197
2024
136/197
2024
GDP per capita, PPP
$15,450
2024
$7,486
2024
GDP per capita PPP rank
113/197
2024
146/197
2024
Government debt
$4.54B
2024
$17.5B
2024
Debt-to-GDP ratio
76.2%
2024
47.1%
2024
Government debt per person
$4,893
2024
$1,613
2024
Government debt per person rank
80/185
2024
126/185
2024
Average annual personal income after taxes
$6,964
2026
$4,901
2026
Income share by richest 10%
24.2%
2019
32.3%
2024
Income share by poorest 10%
3.5%
2019
1.2%
2024
Government expenditure, % of GDP
29.7%
2024
25.7%
2024
Consumer prices inflation
4.51%
2023-2024
4.61%
2023-2024
Central bank interest rate
0.25%
2020
5.75%
2024
Unemployment rate
5.36%
2024
4.91%
2024
Population
938628
11237619

Spending and national debt comparison by year

Fiji
Spending

Debt
Honduras
Spending

Debt
1x
Year % of GDP
Fiji Honduras
Government spending Government debt Government spending Government debt
2024 29.7% 76.2% 25.7% 47.1%
2023 28.8% 79.1% 27.2% 47.9%
2022 30.9% 83.3% 24% 51%
2021 36.7% 89% 28.8% 50.3%
2020 36.2% 72.9% 28.4% 52.5%
2019 30.8% 49.7% 25.9% 44.1%
2018 31.8% 44.8% 26.2% 43.5%
2017 27.3% 42.2% 26.9% 43.6%
2016 31.4% 43.6% 27.4% 40.3%
2015 29.8% 43% 26% 42.3%
2014 29.1% 44.5% 26.4% 43%
2013 25.1% 45.8% 28% 42.1%
2012 25.5% 47.7% 26.4% 32.4%
2011 25.3% 48.6% 25.9% 31.5%
2010 24.8% 51.8% 26.5% 28.9%
2009 26.2% 51.5% 28.4% 23.8%
2008 22.6% 47.5% 26.4% 22.3%
2007 23.3% 46% 24.4% 24%
2006 24.8% 49.2% 24.4% 39.2%
2005 23.3% 44% 23.6% 55.6%
2004 24% 44.5% 25.5% 60.9%
2003 25.8% 44.9% 26.4% 67.8%
2002 27.4% 43.4% 26.8% 64.2%
2001 26.4% 41% 25.1% 63.4%
2000 24.8% 36.9% 22.1% 65.8%
1999 23.2% 32.7% 23.3% 75.8%
1998 26.8% 36.6% 19.4% 67.4%
1997 29.1% 54.1% 19.4% 70.8%
1996 26.4% 48.8% 18.7% 64.6%
1995 23.2% 48.4% 17.2% 65.4%
1994 24.3% 47.6% 19.2% 86.4%
1993 25.7% 44.3% 23.7% 108%
1992 25.8% 42.2% 20.5% 116.5%
1991 - - 18.8% 122.2%
1990 - - 16.4% 200.3%
1989 - - 10.2% 68.4%
1988 - - 16% 71.7%
1987 - - 17.2% 73.6%
1986 - - 19.8% 69.9%
1985 - - 22.5% 65.7%
1984 - - 22.4% 60.5%
1983 - - 20.8% 57.6%
1982 - - 18.7% 54.3%
1981 - - 15.3% 48.1%
1980 - - 16.2% 41%
1979 - - 14.4% 36.1%
1978 - - 13.1% 32.8%
1977 - - 14.6% 28.2%
1976 - - 11.5% 26.5%
1975 - - 11.9% 24%
1974 - - 11.7% 18.5%
1973 - - 11.1% 16.6%
1972 - - 12.6% 16.8%
1971 - - 15.2% 19.8%
1970 - - 15.2% 17.2%
1969 - - 13.6% 13%
1968 - - 11.6% 9.75%
1967 - - 11.4% 9.72%
1966 - - 11.4% 9.47%
1965 - - 10.6% 8.97%
1964 - - 11.4% 9.78%
1963 - - 10.1% 9.02%
1962 - - 10.5% 8.54%
1961 - - 11.2% 8.22%
1960 - - 12.2% 8.97%

Data sources: International Monetary Fund (IMF) | Fiscal Monitor (1990–2024, retrieved 2026-02-20); International Monetary Fund (IMF) | Public Finances in Modern History (1960–1989, retrieved 2026-02-20).

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

In 2024, Fiji's government spending was $1.77B, accounting for 29.7% of its GDP, while Honduras spent $9.52B, or 25.7% of GDP.

Debt-to-GDP ratio is 76.2% in Fiji and 47.1% in Honduras, ranking 47/185 and 115/185, respectively.

Government deficit by year

Deficit/surplus
Fiji

Honduras
1x
Year Deficit/surplus, % of GDP
Fiji Honduras
2024 -3.36% -1.12%
2023 -6.82% -1.96%
2022 -11.2% 1.57%
2021 -14.6% -3.17%
2020 -9.24% -4.58%
2019 -3.67% 0.09%
2018 -4.72% 0.2%
2017 -2.22% -0.41%
2016 -5.58% -0.4%
2015 -3.8% -0.78%
2014 -3.36% -2.81%
2013 -0.08% -5.48%
2012 -0.67% -3.48%
2011 -0.69% -2.94%
2010 -1.26% -3.37%
2009 -2.76% -4.86%
2008 1.54% -0.27%
2007 0.35% -0.25%
2006 -0.74% -1.36%
2005 -1.14% -0.03%
2004 -0.95% -2.48%
2003 -3.34% -5.09%
2002 -3.58% -5.02%
2001 -4.4% -3.12%
2000 -1.37% 1.51%
1999 1.1% 1.38%
1998 5.21% 2.89%
1997 -4.48% 0.08%
1996 -3.35% 0.13%
1995 0.77% -0.24%
1994 -0.19% -0.98%
1993 -1.83% -5.03%
1992 -2.14% -1.41%
1991 - -1.95%
1990 - -1.82%
1989 - 2.08%
1988 - -2.65%
1987 - -3.23%
1986 - -5.92%
1985 - -8.58%
1984 - -9.33%
1983 - -9.1%
1982 - -6.17%
1981 - -2.5%
1980 - -2.52%
1979 - -1.55%
1978 - -0.68%
1977 - -2.55%
1976 - -0.93%
1975 - -1.78%
1974 - -0.27%
1973 - -0.71%
1972 - -2.37%
1971 - -3.51%
1970 - -3.24%
1969 - -2.16%
1968 - -0.38%
1967 - -0.73%
1966 - -0.45%
1965 - 0.19%
1964 - -1.77%
1963 - -0.39%
1962 - -0.71%
1961 - -1.05%
1960 - -1.22%
1959 - -1.31%
1958 - -1.16%
1957 - -1.01%
1956 - -1.81%
1955 - -0.42%
1954 - -2.91%
1953 - -2.96%
1952 - -3.21%
1951 - -1.04%
1950 - -0.44%
1949 - -1.92%
1948 - 0.52%
1947 - -0.83%
1946 - 0.32%
1945 - 0%
1944 - -0.82%
1943 - -0.48%
1942 - 0%
1941 - -0.26%
1940 - -0.43%
1939 - -0.52%
1938 - -0.74%
1937 - -1.37%
1936 - -0.76%
1935 - 0%
1934 - 0.06%
1933 - 2.06%
1932 - -2.13%
1931 - -0.94%
1930 - -1.15%
1929 - -0.38%
1928 - 0.72%
1927 - 0.37%

Data sources: International Monetary Fund (IMF) | Fiscal Monitor (1990–2024, retrieved 2026-02-20); International Monetary Fund (IMF) | Public Finances in Modern History (1927–1989, retrieved 2026-02-20).

GeoRank.org/economy/fiji/honduras | 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 Honduras' deficit of $415M, or 1.12% of GDP.

Over the past 33 years, Fiji recorded a fiscal deficit in 28 of those years, while Honduras ran a deficit in 25 years. On average, Fiji posted an annual deficit equal to 2.81% of GDP, compared to deficit of 1.6% of GDP for Honduras.

Inflation comparison by year

Inflation
Fiji

Honduras
1x
Year Consumer prices inflation
Fiji Honduras
2024 4.51% 4.61%
2023 2.34% 6.66%
2022 4.32% 9.09%
2021 0.16% 4.48%
2020 -2.6% 3.47%
2019 1.77% 4.37%
2018 4.08% 4.35%
2017 3.35% 3.93%
2016 3.86% 2.72%
2015 1.37% 3.16%
2014 0.52% 6.13%
2013 2.91% 5.16%
2012 3.42% 5.2%
2011 7.28% 6.76%
2010 3.69% 4.7%
2009 3.13% 5.5%
2008 7.73% 11.4%
2007 4.8% 6.94%
2006 2.49% 5.58%
2005 2.37% 8.81%
2004 2.83% 8.11%
2003 4.17% 7.67%
2002 0.76% 7.69%
2001 4.27% 9.67%
2000 1.09% 11%
1999 1.97% 11.7%
1998 5.71% 13.7%
1997 3.37% 20.2%

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

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

Over the past 28 years, Fiji has recorded an average annual inflation rate of 3.06%, compared with 7.24% in Honduras. In 2024, inflation was 4.51% in Fiji and 4.61% in Honduras.

Balance of trade

Fiji Honduras
Current account balance
-$866M
2022
-$1.65B
2024
Current account balance ranking
120/190
2022
137/190
2024
Current account balance, % of GDP
-17.4%
2022
-4.45%
2024
Goods imports
$2.68B
2022
$14.6B
2024
Goods exports
$1.05B
2022
$5.67B
2024
Service imports
$754M
2022
$3.67B
2024
Service exports
$1.33B
2022
$3.75B
2024
Imports of goods and services, % of GDP
69.2%
2023
57.6%
2024
Exports of goods and services, % of GDP
57%
2023
33.5%
2024

Economic freedom indices

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

Fiji Honduras
Economic freedom 59.5 59.1
Economic freedom ranking 103/197 105/197
Property rights 59.9 35.7
Government integrity 55.4 24.6
Judicial effectiveness 53.2 27.6
Tax burden 87.8 83.1
Government spending 70 80.3
Fiscal health 7.5 95.2
Business freedom 69.5 59.4
Labor freedom 66.9 37.9
Monetary freedom 72.4 70.1
Trade freedom 66.6 69.8
Investment freedom 55 65
Financial freedom 50 60

Economic freedom comparison by year

Fiji
Honduras
1x
Year Economic freedom index
Fiji Honduras
2026 59.5 59.1
2025 59.1 59.6
2024 58 58.6
2023 58 58.7
2022 56.4 59.5
2021 62.2 59.8
2020 63.4 61.1
2019 62.2 60.2
2018 62 60.6
2017 63.4 58.8
2016 58.8 57.7
2015 59 57.4
2014 58.7 57.1
2013 57.2 58.4
2012 57.3 58.8
2011 60.4 58.6
2010 60.3 58.3
2009 61 58.7
2008 61.8 58.9
2007 60.8 59.1
2006 58.4 57.4
2005 58.2 55.3
2004 58 55.3
2003 54.7 60.4
2002 53.9 58.7
2001 53.7 57
2000 57.8 57.6
1999 58.4 56.7
1998 58.2 56.2
1997 58 56
1996 57.4 56.6
1995 54.7 57

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

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

The Economic Freedom Index for Fiji is 59.5, ranking 103/197, compared to 59.1 for Honduras, ranking 105/197. The chart above displays a comparison of annual changes in economic freedom indexes.

Other economic metrics

Fiji Honduras
Services, % of GDP
54.6%
2024
58.4%
2024
Industry, % of GDP
16.5%
2024
26.1%
2024
Agriculture, forestry, and fishing, % of GDP
13.2%
2024
11.2%
2024
GNI, Atlas method
$5.4B
2024
$32.7B
2024
GNI per capita, PPP
$14,490
2024
$6,900
2024
Total reserves including gold
$1.6B
2024
$8.04B
2024
Total reserves ranking
133/177
2024
84/177
2024
Net foreign direct investment
-$86.9M
2022
-$620M
2024
Net inflows of foreign direct investment
$204M
2024
$1.31B
2024
Net outflows of foreign direct investment
$25.6M
2024
$689M
2024
Servicing debt to the IMF, % of GNI
4.36%
2024
5.23%
2024
Poverty at national poverty lines
31%
2020
62.9%
2024
Gross capital formation, % of GDP
19.7%
2023
22.5%
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/honduras | 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 (1990–2024, retrieved 2026-02-20)
  3. International Monetary Fund (IMF) | Public Finances in Modern History (1927–1989, 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. United Nations | World Population Prospects (2026, retrieved 2026-03-10)
  7. LivingCost (2026, retrieved 2025-10-14)
  8. 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.