Fiji vs Iraq: Economic Indicators Comparison

Iraq with a GDP of $224.2B ranked the 50th largest economy in the world, while Fiji ranked 152nd with $5.5B. By GDP 5-years average growth and GDP per capita, Iraq and Fiji ranked 85th vs 78th and 103rd vs 98th, respectively.

Gross Domestic Product & Income

StatFijiIraq
GDP$5.5B$224.2B
GDP growth, 1 year3.2%0.6%
GDP growth, 5-years average3.3%3.1%
Population906k38.3M
GDP per capita$6.3k$5.8k
GDP per capita growth2.82%-2.84%
Purchasing Power Parity conversion factor1.2395.51
Price level ratio of PPP conversion factor GDP to market exchange rate0.580.33
GDP per capita, PPP adjusted$10k$18k
GNI, Atlas method$5.2B$193.6B
GNI per capita$5.9k$5k
GNI, PPP adjusted$9B$661.5B
GNI per capita, PPP adjusted$10k$17k

Financial system and Human development

StatFijiIraq
Income Tax Rate29%15%
Corporate Tax Rate20%15%
Inflation, consumer prices4.1%0.4%
Inflation, GDP deflator0.9%15.4%
Unemployment4.2%7.9%
Economic Freedom Index63.421
Personal Freedom Index7.893.21
Human Freedom Index7.464.28
Property Rights Index69.943.9
Judical Effectiveness Index42.611.2
Business Freedom Index62.652.6
Fiscal Health Index84.276.6
Labor Freedom Index76.244.8
Investment Freedom Index55N/A
Financial Freedom Index50N/A
Trade Freedom Index52.8N/A
Monetary Freedom Index72.576.4
Government Spending Index68.959.5
Tax Burden Index80.5N/A
Government Integrity Index45.620.8
Corruption Perceptions Index5818
Life expectancy at birth, years67.370.3
Suicide mortality rate, per 100,000 people53
Mortality caused by road traffic injury, per 100,000 people9.620.7
Intentional homicides, per 100,000 people2.39.9
International tourism, number of arrivals870k892k

Government debt & reserves

StatFijiIraq
Central government debt, % of GDP49.7%48.4%
External debt stocks, % of GNI16.7%N/A
External debt stocks$851.8MN/A
Short-term debt, % of total reserves4.7%N/A
Total debt service, % of exports and primary income2%N/A
Adjusted net savings including particulate emission damage, % of GNI8.1%-7%
Gross savings, % of GDPN/A20.1%
Gross capital formation, % of GDPN/A12.9%
Total reserves including gold$947.7M$64.7B
Foreign direct investment net inflows$468.8M-$4.9B

Exports, imports and economic structure

StatFijiIraq
Exports of goods and services, % of GDPN/A44%
Imports of goods and services, % of GDPN/A35.9%
Current account balance (balance of payments)-$470.1M$34.4B
Revenue excluding grants, % of GDP26.4%26.3%
Grants excluding technical cooperation, BoP$65.9M$1.7B
Personal remittances received$284.7M$741.7M
Industry including construction value added, % of GDP15.6%56.1%
Agriculture, forestry and fishing value added, % of GDP10.7%2%
Charges for the use of intellectual property, payments BoP$6.7M$7.8M
Charges for the use of intellectual property, receipts BoP$861k$100k
Expense, % of GDP28.3%25.3%
Government Expenditure, % of GDP32.2%36.7%

Compare with countries close by GDP per capita

Fiji vs

CountryGDP
per capita
Population
Lebanon
$8.3k
6.1M
Botswana
$8.3k
2.29M
Dominican Republic
$8.1k
10.4M
Gabon
$8k
2.03M
Dominica
$7.7k
73.9k
Saint Vincent
$7.4k
110k
Thailand
$7.3k
65.9M
Serbia
$7.2k
7.02M
Libya
$7.2k
6.68M
Turkmenistan
$7k
5.85M
Peru
$6.9k
29.4M
Colombia
$6.7k
49.1M
South Africa
$6.4k
57.7M
Ecuador
$6.3k
16.6M
Belarus
$6.3k
9.41M
Suriname
$6.2k
563k
North Macedonia
$6.1k
2.08M
Bosnia and Herzegovina
$6.1k
3.51M
Namibia
$5.9k
2.53M
Paraguay
$5.8k
6.81M
Iran
$5.6k
80M
Jamaica
$5.4k
2.89M
Albania
$5.3k
3.02M
Guyana
$5k
778k
Belize
$4.9k
375k
Azerbaijan
$4.7k
10M
Georgia
$4.7k
3.72M
Guatemala
$4.5k
17.3M
Tonga
$4.4k
108k
Jordan
$4.2k
10.4M

Iraq vs

CountryGDP
per capita
Population
Saint Vincent
$7.4k
110k
Thailand
$7.3k
65.9M
Serbia
$7.2k
7.02M
Libya
$7.2k
6.68M
Turkmenistan
$7k
5.85M
Peru
$6.9k
29.4M
Colombia
$6.7k
49.1M
South Africa
$6.4k
57.7M
Ecuador
$6.3k
16.6M
Belarus
$6.3k
9.41M
Suriname
$6.2k
563k
North Macedonia
$6.1k
2.08M
Bosnia and Herzegovina
$6.1k
3.51M
Namibia
$5.9k
2.53M
Paraguay
$5.8k
6.81M
Iran
$5.6k
80M
Jamaica
$5.4k
2.89M
Albania
$5.3k
3.02M
Guyana
$5k
778k
Belize
$4.9k
375k
Azerbaijan
$4.7k
10M
Georgia
$4.7k
3.72M
Guatemala
$4.5k
17.3M
Tonga
$4.4k
108k
Jordan
$4.2k
10.4M
Armenia
$4.2k
2.93M
Samoa
$4.2k
196k
Eswatini
$4.1k
1.37M
Mongolia
$4.1k
3.08M
Algeria
$4.1k
41.3M