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Economy of Fiji vs Hungary compared: GDP & Debt

Updated on by Georank

Fiji has a GDP of $6.2B compared to $246B for Hungary, ranking 161/197 and 55/197 by economy size, respectively.

Fiji has $4.88B in government debt (78.7% of GDP), compared to $185B (75.2% of GDP) in Hungary.

Fiji vs Hungary GDP by year

Fiji
Hungary
1x
Year GDP, current $
Fiji Hungary
2025 $6,198,013,062 $246,490,213,513
2024 $5,968,125,909 $222,848,211,034
2023 $5,476,673,518 $213,029,511,029
2022 $4,977,861,886 $177,002,580,544
2021 $4,158,873,156 $183,282,685,440
2020 $4,227,719,873 $158,468,487,754
2019 $5,344,907,153 $164,936,682,034
2018 $5,581,425,327 $161,184,691,014
2017 $5,353,469,174 $143,335,098,992
2016 $4,930,213,644 $128,983,560,865
2015 $4,682,479,894 $125,244,126,623
2014 $4,857,104,769 $141,128,696,412
2013 $4,189,967,999 $135,646,053,779
2012 $3,972,028,104 $128,470,269,690
2011 $3,779,411,899 $141,712,804,954
2010 $3,140,166,713 $131,898,737,241
2009 $2,870,624,636 $130,807,441,076
2008 $3,523,185,920 $158,228,265,916
2007 $3,378,314,600 $140,123,326,896
2006 $3,076,305,453 $115,604,111,412
2005 $2,980,403,845 $113,098,237,571
2004 $2,708,078,477 $104,015,363,080
2003 $2,300,492,465 $85,190,469,121
2002 $1,833,279,985 $67,636,468,625
2001 $1,652,462,023 $53,800,068,066
2000 $1,678,219,508 $47,275,954,429
1999 $1,936,459,986 $49,160,204,397
1998 $1,653,146,717 $48,784,412,624
1997 $2,090,221,137 $47,398,564,799
1996 $2,128,696,644 $46,833,767,124
1995 $1,970,301,486 $46,577,614,589
1994 $1,825,732,093 $43,307,949,890
1993 $1,636,101,247 $40,256,233,360
1992 $1,532,411,039 $38,857,339,125
1991 $1,383,883,250 $34,867,307,353
1990 $1,337,017,559 $34,478,360,679
1989 $1,182,660,266 $30,422,508,938
1988 $1,110,009,523 $29,799,838,597
1987 $1,177,947,965 $27,232,016,527
1986 $1,290,267,340 $24,778,163,812
1985 $1,141,168,944 $21,510,643,750
1984 $1,178,000,678 $21,242,726,264
1983 $1,123,085,190 $21,910,365,258
1982 $1,194,059,943 $24,141,667,188
1981 $1,235,626,771 $23,705,883,892
1980 $1,202,618,816 $23,116,977,148
1979 $1,019,691,460 $19,959,731,325
1978 $829,267,889 $17,286,744,154
1977 $719,501,766 $14,783,674,055
1976 $694,540,806 $13,235,612,079
1975 $684,282,434 $11,420,392,515
1974 $558,587,097 $10,016,338,179
1973 $425,950,488 $9,138,292,402
1972 $316,656,649 $7,379,313,742
1971 $247,749,328 $6,291,568,221
1970 $219,878,482 $5,780,929,203
1969 $182,182,068 $5,429,812,387
1968 $166,952,937 $4,886,222,555
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/hungary | CC BY

GDP per capita in Fiji vs Hungary by year

Fiji
GDP per capita

GDP per capita, PPP
Hungary
GDP per capita

GDP per capita, PPP
1x
Year Current $
Fiji Hungary
GDP per capita GDP per capita, PPP GDP per capita GDP per capita, PPP
2025 $6,642 - $25,907 -
2024 $6,426 $15,450 $23,305 $48,552
2023 $5,926 $14,644 $22,209 $46,592
2022 $5,414 $12,982 $18,428 $44,366
2021 $4,537 $10,322 $19,031 $38,887
2020 $4,621 $10,716 $16,387 $35,584
2019 $5,842 $12,978 $17,013 $35,627
2018 $6,085 $12,984 $16,605 $32,258
2017 $5,827 $12,585 $14,736 $29,728
2016 $5,364 $11,766 $13,216 $28,179
2015 $5,098 $11,519 $12,783 $26,938
2014 $5,293 $10,516 $14,353 $25,796
2013 $4,572 $8,842 $13,739 $24,592
2012 $4,341 $8,204 $12,950 $23,205
2011 $4,140 $7,672 $14,211 $22,992
2010 $3,449 $7,339 $13,190 $21,691
2009 $3,164 $7,068 $13,051 $20,691
2008 $3,900 $7,154 $15,763 $20,709
2007 $3,763 $6,990 $13,935 $19,089
2006 $3,455 $6,921 $11,478 $18,362
2005 $3,378 $6,652 $11,212 $17,091
2004 $3,097 $6,463 $10,291 $16,251
2003 $2,656 $6,033 $8,410 $15,460
2002 $2,137 $5,914 $6,658 $14,532
2001 $1,945 $5,699 $5,281 $13,223
2000 $1,996 $5,521 $4,630 $11,872
1999 $2,328 $5,552 $4,802 $10,892
1998 $2,010 $5,090 $4,752 $10,415
1997 $2,574 $5,031 $4,606 $9,846
1996 $2,648 $5,109 $4,542 $9,388
1995 $2,467 $4,818 $4,509 $9,222
1994 $2,297 $4,627 $4,187 $8,888
1993 $2,070 $4,334 $3,887 $8,441
1992 $1,951 $4,172 $3,747 $8,284
1991 $1,775 $3,873 $3,361 $8,352
1990 $1,729 $3,882 $3,324 $9,169
1989 $1,543 - $2,902 -
1988 $1,463 - $2,812 -
1987 $1,569 - $2,566 -
1986 $1,745 - $2,331 -
1985 $1,577 - $2,020 -
1984 $1,667 - $1,991 -
1983 $1,628 - $2,050 -
1982 $1,773 - $2,255 -
1981 $1,879 - $2,213 -
1980 $1,873 - $2,158 -
1979 $1,627 - $1,865 -
1978 $1,355 - $1,618 -
1977 $1,204 - $1,388 -
1976 $1,186 - $1,249 -
1975 $1,188 - $1,083 -
1974 $984 - $956 -
1973 $762 - $876 -
1972 $575 - $710 -
1971 $458 - $607 -
1970 $414 - $559 -
1969 $350 - $527 -
1968 $327 - $476 -
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/hungary | CC BY

Fiji's GDP per capita is $6,642, ranking 106/197, compared to $25,907 in Hungary, ranking 52/197. Adjusted for purchasing power (GDP per capita PPP), Fiji ranks 113th at $15,450, while Hungary ranks 48th at $48,552.

Economic indicators

Fiji Hungary
Gross domestic product
$6.2B
2025
$246B
2025
GDP rank
161/197
2025
55/197
2025
GDP growth
3.2%
2024-2025
0.51%
2024-2025
GDP per capita
$6,642
2025
$25,907
2025
GDP per capita rank
106/197
2025
52/197
2025
GDP per capita, PPP
$15,450
2024
$48,552
2024
GDP per capita PPP rank
113/197
2024
48/197
2024
Government debt
$4.88B
2025
$185B
2025
Debt-to-GDP ratio
78.7%
2025
75.2%
2025
Government debt per person
$5,227
2025
$19,473
2025
Government debt per person rank
82/185
2025
33/185
2025
Average annual personal income after taxes
$4,553
2026
$18,331
2026
Market capitalization of domestic companies n/a
$62.6B
2025
Number of millionaires n/a
27,000
2026
Number of billionaires n/a
4
2026
Income share by richest 10%
24.2%
2019
24.4%
2022
Income share by poorest 10%
3.5%
2019
2.8%
2022
Government expenditure, % of GDP
31.5%
2025
47.5%
2025
Consumer prices inflation
-1.38%
2024-2025
4.41%
2024-2025
Central bank interest rate
0.25%
2020
6.25%
2026
Unemployment rate
5.36%
2024
4.4%
2025
Population
939479
9454659

Spending and national debt comparison by year

Fiji
Spending

Debt
Hungary
Spending

Debt
1x
Year % of GDP
Fiji Hungary
Government spending Government debt Government spending Government debt
2025 31.5% 78.7% 47.5% 75.2%
2024 30.8% 79.1% 46.9% 73.5%
2023 30.2% 82.9% 49.3% 73.2%
2022 33.9% 91.5% 48.9% 74.1%
2021 35.8% 86.7% 48.1% 76.2%
2020 32.7% 65.8% 51% 78.7%
2019 30.7% 49.5% 45.8% 65%
2018 32.5% 45.8% 45.9% 68.8%
2017 28.1% 43.4% 46.6% 72%
2016 32.1% 44.6% 46.7% 74.6%
2015 30.6% 44.3% 50.4% 75.7%
2014 30.2% 46.2% 50% 76.5%
2013 25.9% 47.4% 50.1% 77.2%
2012 26% 48.6% 49.2% 78.4%
2011 26.5% 51% 49.1% 80.5%
2010 25.5% 53.4% 48.9% 80.2%
2009 26.2% 51.5% 50.7% 78.2%
2008 22.8% 47.9% 48.8% 71.8%
2007 23.5% 46.4% 49.9% 65.6%
2006 25.4% 50.3% 51.4% 64.5%
2005 24% 45.3% 49.4% 60.6%
2004 24.7% 45.9% 48.8% 58.9%
2003 26.7% 46.4% 49.2% 58.2%
2002 28.1% 44.5% 51% 55.6%
2001 27% 41.9% 47.2% 52.2%
2000 24.2% 35.9% 47.3% 55.6%
1999 24.6% 34.7% 48.9% 60.3%
1998 27.7% 37.9% 50.7% 60.4%
1997 29.2% 54.4% 49.5% 62.2%
1996 27.2% 50.3% 50.9% 71.2%
1995 23.5% 49.1% 55% 83.9%
1994 24.9% 48.8% - 86.2%
1993 26.7% 45.9% - 87.2%
1992 27.1% 44.3% - 76.5%
1991 - - - 74.2%
1990 - - - 63.7%
1989 - - - 70.7%

Data sources: International Monetary Fund (IMF) | Fiscal Monitor (1992–2025, retrieved 2026-07-08); International Monetary Fund (IMF) | Public Finances in Modern History (1989–1994, retrieved 2026-07-08).

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

In 2025, Fiji's government spending was $1.95B, accounting for 31.5% of its GDP, while Hungary spent $117B, or 47.5% of GDP.

Debt-to-GDP ratio is 78.7% in Fiji and 75.2% in Hungary, ranking 45/185 and 50/185, respectively.

Government deficit by year

Deficit/surplus
Fiji

Hungary
1x
Year Deficit/surplus, % of GDP
Fiji Hungary
2025 -2.46% -4.68%
2024 -3.44% -4.9%
2023 -7.15% -6.77%
2022 -12.3% -6.19%
2021 -14.2% -7.11%
2020 -8.34% -7.49%
2019 -3.65% -2.02%
2018 -4.82% -2.05%
2017 -2.28% -2.45%
2016 -5.7% -1.79%
2015 -3.91% -2%
2014 -3.48% -2.77%
2013 -0.08% -2.6%
2012 -0.68% -2.33%
2011 -0.72% -5.22%
2010 -1.29% -4.44%
2009 -2.76% -4.76%
2008 1.56% -3.78%
2007 0.36% -5.09%
2006 -0.76% -9.27%
2005 -1.18% -7.79%
2004 -0.98% -6.6%
2003 -3.46% -7.19%
2002 -3.68% -8.79%
2001 -4.5% -4%
2000 -1.33% -3.04%
1999 1.17% -5.27%
1998 5.4% -7.41%
1997 -4.5% -5.54%
1996 -3.46% -4.36%
1995 0.78% -8.57%
1994 -0.2% -
1993 -1.9% -
1992 -2.25% -
1991 - -
1990 - -
1989 - -
1988 - -
1987 - -
1986 - -
1985 - -
1984 - -
1983 - -
1982 - -
1981 - -
1980 - -
1979 - -
1978 - -
1977 - -
1976 - -
1975 - -
1974 - -
1973 - -
1972 - -
1971 - -
1970 - -
1969 - -
1968 - -
1967 - -
1966 - -
1965 - -
1964 - -
1963 - -
1962 - -
1961 - -
1960 - -
1959 - -
1958 - -
1957 - -
1956 - -
1955 - -
1954 - -
1953 - -
1952 - -
1951 - -
1950 - -
1949 - -
1948 - -
1947 - -
1946 - -
1945 - -
1944 - -
1943 - -0.17%
1942 - 0.31%
1941 - 0.2%
1940 - -0.07%
1939 - 0.19%
1938 - -0.11%
1937 - -0.01%
1936 - 0.08%
1935 - 0.03%
1934 - 0.04%
1933 - -0.03%
1932 - -0.22%
1931 - -0.32%
1930 - -0.26%
1929 - 0.02%
1928 - 0.12%
1927 - 0.15%

Data sources: International Monetary Fund (IMF) | Fiscal Monitor (1992–2025, retrieved 2026-07-08); International Monetary Fund (IMF) | Public Finances in Modern History (1927–1943, retrieved 2026-07-08).

GeoRank.org/economy/fiji/hungary | 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 Hungary's deficit of $11.5B, or 4.68% of GDP.

Over the past 31 years, Fiji recorded a fiscal deficit in 26 of those years, while Hungary ran a deficit in 31 years. On average, Fiji posted an annual deficit equal to 2.96% of GDP, compared to deficit of 5.04% of GDP for Hungary.

Inflation comparison by year

Inflation
Fiji

Hungary
1x
Year Consumer prices inflation
Fiji Hungary
2025 -1.38% 4.41%
2024 3.89% 3.7%
2023 2.98% 17.1%
2022 6.08% 14.6%
2021 1.53% 5.11%
2020 -1.7% 3.33%
2019 1.79% 3.34%
2018 4.08% 2.85%
2017 3.35% 2.35%
2016 3.86% 0.39%
2015 1.37% -0.06%
2014 0.52% -0.23%
2013 2.91% 1.73%
2012 3.42% 5.65%
2011 7.28% 3.93%
2010 3.69% 4.86%
2009 3.13% 4.21%
2008 7.73% 6.04%
2007 4.8% 7.96%
2006 2.49% 3.93%
2005 2.37% 3.56%
2004 2.83% 6.74%
2003 4.17% 4.66%
2002 0.76% 5.27%
2001 4.27% 9.12%
2000 1.09% 9.8%
1999 1.97% 10%
1998 5.71% 14.2%
1997 3.37% 18.3%

Data sources: World Bank | Economy & Growth (1997–2025, retrieved 2026-07-08).

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

Over the past 29 years, Fiji has recorded an average annual inflation rate of 3.05%, compared with 6.1% in Hungary. In 2025, inflation was -1.38% in Fiji and 4.41% in Hungary.

Top exports between countries

Fiji
Export category Export value
Machinery & equipment $26K
Raw agricultural goods $12K
Miscellaneous $1K
Hungary
Export category Export value
Raw materials & minerals $21K
Textiles & consumer goods $19K
Chemicals & pharma $9K
Machinery & equipment $9K

Balance of trade

Fiji Hungary
Current account balance
-$464M
2024
$4.08B
2025
Current account balance ranking
104/190
2024
34/190
2025
Current account balance, % of GDP
-7.78%
2024
+1.65%
2025
Goods imports
$2.86B
2024
$139B
2025
Goods exports
$1.13B
2024
$136B
2025
Service imports
$996M
2024
$29.8B
2025
Service exports
$2.12B
2024
$43.1B
2025
Imports of goods and services, % of GDP
64.6%
2024
68.1%
2025
Exports of goods and services, % of GDP
54.4%
2024
72.6%
2025

Economic freedom indices

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

Fiji Hungary
Economic freedom 59.5 62.5
Economic freedom ranking 103/197 86/197
Property rights 59.9 67.3
Government integrity 55.4 44
Judicial effectiveness 53.2 61.9
Tax burden 87.8 85.1
Government spending 70 30.2
Fiscal health 7.5 32.7
Business freedom 69.5 70.8
Labor freedom 66.9 56.5
Monetary freedom 72.4 72.1
Trade freedom 66.6 79.4
Investment freedom 55 80
Financial freedom 50 70

Economic freedom comparison by year

Fiji
Hungary
1x
Year Economic freedom index
Fiji Hungary
2026 59.5 62.5
2025 59.1 61.4
2024 58 61.2
2023 58 64.1
2022 56.4 66.9
2021 62.2 67.2
2020 63.4 66.4
2019 62.2 65
2018 62 66.7
2017 63.4 65.8
2016 58.8 66
2015 59 66.8
2014 58.7 67
2013 57.2 67.3
2012 57.3 67.1
2011 60.4 66.6
2010 60.3 66.1
2009 61 66.8
2008 61.8 67.6
2007 60.8 64.8
2006 58.4 65
2005 58.2 63.5
2004 58 62.7
2003 54.7 63
2002 53.9 64.5
2001 53.7 65.6
2000 57.8 64.4
1999 58.4 59.6
1998 58.2 56.9
1997 58 55.3
1996 57.4 56.8
1995 54.7 55.2

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

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

The Economic Freedom Index for Fiji is 59.5, ranking 103/197, compared to 62.5 for Hungary, ranking 86/197. The chart above displays a comparison of annual changes in economic freedom indexes.

Other economic metrics

Fiji Hungary
Services, % of GDP
57%
2025
60.1%
2025
Industry, % of GDP
13.9%
2025
23%
2025
Agriculture, forestry, and fishing, % of GDP
14%
2025
2.65%
2025
GNI, Atlas method
$5.81B
2025
$227B
2025
GNI per capita, PPP
$15,360
2025
$48,630
2025
Total reserves including gold
$1.66B
2025
$59.1B
2025
Total reserves ranking
130/177
2025
42/177
2025
Net foreign direct investment
-$178M
2024
$9.1B
2025
Net inflows of foreign direct investment
$204M
2024
-$61.3B
2024
Net outflows of foreign direct investment
$25.6M
2024
-$76.3B
2024
Servicing debt to the IMF, % of GNI
4.36%
2024
n/a
Poverty at national poverty lines
31%
2020
12.1%
2021
Gross capital formation, % of GDP
20.9%
2024
22.2%
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/hungary | 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 (1992–2025, 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 (1927–1994, retrieved 2026-07-08)
  6. TradeMap (2022–2025, retrieved 2026-07-08)
  7. United Nations | World Population Prospects (2026, retrieved 2026-07-08)
  8. LivingCost (2026, retrieved 2026-07-08)
  9. 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.