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Economy of Fiji vs Lebanon compared: GDP & Debt

Updated on by Georank team

Fiji has a GDP of $5.97B compared to $20.1B for Lebanon, ranking 161/197 and 128/197 by economy size, respectively.

Fiji has $4.54B in government debt (76.2% of GDP), compared to $38.7B (163.8% of GDP) in Lebanon.

Fiji vs Lebanon GDP by year

Fiji
Lebanon
1x
Year GDP, current $
Fiji Lebanon
2024 $5,968,125,909 -
2023 $5,476,673,518 $20,078,620,357
2022 $4,977,861,886 $20,992,421,949
2021 $4,158,873,156 $23,131,941,557
2020 $4,227,719,873 $31,712,128,254
2019 $5,344,907,153 $51,605,959,131
2018 $5,581,425,327 $54,901,519,156
2017 $5,353,469,174 $53,027,680,686
2016 $4,930,213,644 $51,147,308,774
2015 $4,682,479,894 $49,929,337,837
2014 $4,857,104,769 $48,095,213,747
2013 $4,189,967,999 $46,880,103,081
2012 $3,972,028,104 $44,016,799,516
2011 $3,779,411,899 $39,927,125,962
2010 $3,140,166,713 $38,443,907,042
2009 $2,870,624,636 $35,399,582,929
2008 $3,523,185,920 $29,118,916,105
2007 $3,378,314,600 $24,827,355,015
2006 $3,076,305,453 $22,022,709,851
2005 $2,980,403,845 $21,497,336,499
2004 $2,708,078,477 $21,159,827,992
2003 $2,300,492,465 $20,082,918,740
2002 $1,833,279,985 $19,152,238,806
2001 $1,652,462,023 $17,649,751,244
2000 $1,678,219,508 $17,260,364,842
1999 $1,936,459,986 $17,391,056,369
1998 $1,653,146,717 $17,247,179,006
1997 $2,090,221,137 $15,751,867,489
1996 $2,128,696,644 $13,690,217,334
1995 $1,970,301,486 $11,718,795,529
1994 $1,825,732,093 $9,599,127,050
1993 $1,636,101,247 $7,941,744,492
1992 $1,532,411,039 $5,843,579,161
1991 $1,383,883,250 $4,690,415,093
1990 $1,337,017,559 $2,838,485,354
1989 $1,182,660,266 $2,717,998,688
1988 $1,110,009,523 $3,313,540,068
1987 $1,177,947,965 -
1986 $1,290,267,340 -
1985 $1,141,168,944 -
1984 $1,178,000,678 -
1983 $1,123,085,190 -
1982 $1,194,059,943 -
1981 $1,235,626,771 -
1980 $1,202,618,816 -
1979 $1,019,691,460 -
1978 $829,267,889 -
1977 $719,501,766 -
1976 $694,540,806 -
1975 $684,282,434 -
1974 $558,587,097 -
1973 $425,950,488 -
1972 $316,656,649 -
1971 $247,749,328 -
1970 $219,878,482 -
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 (1960–2024, retrieved 2026-04-06).

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

GDP per capita in Fiji vs Lebanon by year

Fiji
GDP per capita

GDP per capita, PPP
Lebanon
GDP per capita

GDP per capita, PPP
1x
Year Current $
Fiji Lebanon
GDP per capita GDP per capita, PPP GDP per capita GDP per capita, PPP
2024 $6,426 $15,450 - -
2023 $5,926 $14,644 $3,478 $12,575
2022 $5,414 $12,982 $3,654 $12,293
2021 $4,537 $10,322 $4,045 $11,600
2020 $4,621 $10,716 $5,561 $16,260
2019 $5,842 $12,978 $8,906 $21,710
2018 $6,085 $12,984 $9,175 $21,985
2017 $5,827 $12,585 $8,608 $20,964
2016 $5,364 $11,766 $8,089 $18,941
2015 $5,098 $11,519 $7,714 $17,046
2014 $5,293 $10,516 $7,578 $16,140
2013 $4,572 $8,842 $8,162 $16,316
2012 $4,341 $8,204 $8,407 $16,121
2011 $4,140 $7,672 $7,835 $14,975
2010 $3,449 $7,339 $7,626 $14,704
2009 $3,164 $7,068 $7,091 $13,586
2008 $3,900 $7,154 $5,912 $12,416
2007 $3,763 $6,990 $5,125 $11,356
2006 $3,455 $6,921 $4,635 $10,312
2005 $3,378 $6,652 $4,602 $10,020
2004 $3,097 $6,463 $4,601 $9,609
2003 $2,656 $6,033 $4,438 $8,914
2002 $2,137 $5,914 $4,291 $8,586
2001 $1,945 $5,699 $4,010 $8,289
2000 $1,996 $5,521 $3,987 $7,938
1999 $2,328 $5,552 $4,087 $7,793
1998 $2,010 $5,090 $4,125 $7,861
1997 $2,574 $5,031 $3,834 $7,632
1996 $2,648 $5,109 $3,393 $7,560
1995 $2,467 $4,818 $2,959 $6,796
1994 $2,297 $4,627 $2,468 $6,367
1993 $2,070 $4,334 $2,079 $5,871
1992 $1,951 $4,172 $1,559 $5,279
1991 $1,775 $3,873 $1,278 $4,527
1990 $1,729 $3,882 $790 $2,990
1989 $1,543 - $771 -
1988 $1,463 - $959 -
1987 $1,569 - - -
1986 $1,745 - - -
1985 $1,577 - - -
1984 $1,667 - - -
1983 $1,628 - - -
1982 $1,773 - - -
1981 $1,879 - - -
1980 $1,873 - - -
1979 $1,627 - - -
1978 $1,355 - - -
1977 $1,204 - - -
1976 $1,186 - - -
1975 $1,188 - - -
1974 $984 - - -
1973 $762 - - -
1972 $575 - - -
1971 $458 - - -
1970 $414 - - -
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 (1960–2024, retrieved 2026-04-06).

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

Fiji's GDP per capita is $6,426, ranking 108/197, compared to $3,478 in Lebanon, ranking 135/197. Adjusted for purchasing power (GDP per capita PPP), Fiji ranks 113th at $15,450, while Lebanon ranks 123rd at $12,575.

Economic indicators

Fiji Lebanon
Gross domestic product
$5.97B
2024
$20.1B
2023
GDP rank
161/197
2024
128/197
2023
GDP growth
3.53%
2023-2024
-0.76%
2022-2023
GDP per capita
$6,426
2024
$3,478
2023
GDP per capita rank
108/197
2024
135/197
2023
GDP per capita, PPP
$15,450
2024
$12,575
2023
GDP per capita PPP rank
113/197
2024
123/197
2023
Government debt
$4.54B
2024
$38.7B
2023
Debt-to-GDP ratio
76.2%
2024
163.8%
2024
Government debt per person
$4,893
2024
$6,704
2023
Government debt per person rank
80/185
2024
70/185
2023
Average annual personal income after taxes
$6,964
2026
$3,560
2026
Market capitalization of domestic companies n/a
$10.6B
2021
Number of billionaires n/a
6
2025
Income share by richest 10%
24.2%
2019
25.1%
2022
Income share by poorest 10%
3.5%
2019
2.8%
2022
Government expenditure, % of GDP
29.7%
2024
16.5%
2024
Consumer prices inflation
4.51%
2023-2024
45.2%
2023-2024
Central bank interest rate
0.25%
2020
20%
2023
Unemployment rate
5.36%
2024
11.3%
2019
Population
938628
5906622

Spending and national debt comparison by year

Fiji
Spending

Debt
Lebanon
Spending

Debt
1x
Year % of GDP
Fiji Lebanon
Government spending Government debt Government spending Government debt
2024 29.7% 76.2% 16.5% 163.8%
2023 28.8% 79.1% 14.9% 192.8%
2022 30.9% 83.3% 13.4% 244.6%
2021 36.7% 89% 10.9% 358%
2020 36.2% 72.9% 23.2% 148.7%
2019 30.8% 49.7% 31.3% 172.1%
2018 31.8% 44.8% 32.3% 155.1%
2017 27.3% 42.2% 30.6% 150%
2016 31.4% 43.6% 28.3% 146.4%
2015 29.8% 43% 26.7% 140.8%
2014 29.1% 44.5% 28.8% 138.4%
2013 25.1% 45.8% 28.9% 135.4%
2012 25.5% 47.7% 30.2% 131.1%
2011 25.3% 48.6% 28.8% 134.4%
2010 24.8% 51.8% 29.2% 136.8%
2009 26.2% 51.5% 32.1% 144.5%
2008 22.6% 47.5% 34.3% 161.5%
2007 23.3% 46% 35.2% 169.3%
2006 24.8% 49.2% 36.1% 183.3%
2005 23.3% 44% 31.4% 178.9%
2004 24% 44.5% 33.3% 169.5%
2003 25.8% 44.9% 36.4% 171.3%
2002 27.4% 43.4% 36.8% 163.1%
2001 26.4% 41% 38.9% 163.1%
2000 24.8% 36.9% 42.8% 148.1%
1999 23.2% 32.7% 35.6% 130.2%
1998 26.8% 36.6% 34.7% 108.2%
1997 29.1% 54.1% 40.5% 100.2%
1996 26.4% 48.8% 43.6% 101.2%
1995 23.2% 48.4% 31.1% 79.6%
1994 24.3% 47.6% 47.3% 71.5%
1993 25.7% 44.3% 23% 50.5%
1992 25.8% 42.2% 36.1% 51.7%
1991 - - 35.6% 67.1%
1990 - - 40% 99.7%

Data sources: International Monetary Fund (IMF) | Fiscal Monitor (1990–2024, retrieved 2026-02-20); International Monetary Fund (IMF) | Public Finances in Modern History (1990–1999, retrieved 2026-02-20).

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

In 2024, Fiji's government spending was $1.77B, accounting for 29.7% of its GDP, while Lebanon spent $2.99B, or 16.5% of GDP.

Debt-to-GDP ratio is 76.2% in Fiji and 163.8% in Lebanon, ranking 47/185 and 6/185, respectively.

Government deficit by year

Deficit/surplus
Fiji

Lebanon
1x
Year Deficit/surplus, % of GDP
Fiji Lebanon
2024 -3.36% -0.19%
2023 -6.82% -1.7%
2022 -11.2% -7.77%
2021 -14.6% -2.67%
2020 -9.24% -7.37%
2019 -3.67% -10.5%
2018 -4.72% -11.3%
2017 -2.22% -8.65%
2016 -5.58% -8.88%
2015 -3.8% -7.48%
2014 -3.36% -6.22%
2013 -0.08% -8.82%
2012 -0.67% -8.43%
2011 -0.69% -5.94%
2010 -1.26% -7.47%
2009 -2.76% -8.1%
2008 1.54% -9.86%
2007 0.35% -10.9%
2006 -0.74% -10.6%
2005 -1.14% -8.57%
2004 -0.95% -9.83%
2003 -3.34% -14%
2002 -3.58% -16.2%
2001 -4.4% -21%
2000 -1.37% -23.9%
1999 1.1% -16.7%
1998 5.21% -17.3%
1997 -4.48% -24.5%
1996 -3.35% -25.7%
1995 0.77% -13.6%
1994 -0.19% -29.1%
1993 -1.83% -7.19%
1992 -2.14% -24%
1991 - -19.5%
1990 - -30.2%

Data sources: International Monetary Fund (IMF) | Fiscal Monitor (1990–2024, retrieved 2026-02-20).

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

In 2023, Fiji's government deficit, the difference between spending and revenue, was $374M, equivalent to 6.82% of GDP. This compares to Lebanon's deficit of $342M, or 1.7% of GDP.

Over the past 32 years, Fiji recorded a fiscal deficit in 27 of those years, while Lebanon ran a deficit in 32 years. On average, Fiji posted an annual deficit equal to 2.79% of GDP, compared to deficit of 12.3% of GDP for Lebanon.

Inflation comparison by year

Inflation
Fiji

Lebanon
1x
Year Consumer prices inflation
Fiji Lebanon
2024 4.51% 45.2%
2023 2.34% 221.3%
2022 4.32% 171.2%
2021 0.16% 154.8%
2020 -2.6% 84.9%
2019 1.77% 2.9%
2018 4.08% 6.1%
2017 3.35% 4.5%
2016 3.86% -0.8%
2015 1.37% -3.8%
2014 0.52% 1.1%
2013 2.91% 5.6%
2012 3.42% 6.6%
2011 7.28% 5%
2010 3.69% 4%
2009 3.13% 1.2%
2008 7.73% 10.7%
2007 4.8% 4.1%
2006 2.49% 4.1%
2005 2.37% -1.4%
2004 2.83% 1.7%
2003 4.17% 1.3%
2002 0.76% 1.8%
2001 4.27% -0.4%
2000 1.09% -0.4%
1999 1.97% 0.2%
1998 5.71% 4.5%
1997 3.37% 7.7%

Data sources: International Monetary Fund (IMF) | World Economic Outlook (1997–2024, retrieved 2026-02-20); World Bank | Economy & Growth (1997–2024, retrieved 2026-04-06).

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

Over the past 28 years, Fiji has recorded an average annual inflation rate of 3.06%, compared with 26.6% in Lebanon. In 2024, inflation was 4.51% in Fiji and 45.2% in Lebanon.

Top exports between countries

Fiji
Export category Export value
Machinery & equipment $7K
Miscellaneous $4K
Textiles & consumer goods $2K
Lebanon
Export category Export value
Processed food, beverages & tobacco $23K
Miscellaneous $8K
Machinery & equipment $3K

Balance of trade

Fiji Lebanon
Current account balance
-$866M
2022
-$5.64B
2023
Current account balance ranking
120/190
2022
168/190
2023
Current account balance, % of GDP
-17.4%
2022
-28.1%
2023
Goods imports
$2.68B
2022
$16.7B
2023
Goods exports
$1.05B
2022
$3.85B
2023
Service imports
$754M
2022
$6.63B
2023
Service exports
$1.33B
2022
$7.92B
2023
Imports of goods and services, % of GDP
69.2%
2023
73.7%
2023
Exports of goods and services, % of GDP
57%
2023
30.6%
2023

Economic freedom indices

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

Fiji Lebanon
Economic freedom 59.5 43.1
Economic freedom ranking 103/197 183/197
Property rights 59.9 21.8
Government integrity 55.4 23.4
Judicial effectiveness 53.2 23.8
Tax burden 87.8 90.3
Government spending 70 93.3
Fiscal health 7.5 63.4
Business freedom 69.5 47.6
Labor freedom 66.9 48.4
Monetary freedom 72.4 0
Trade freedom 66.6 65.6
Investment freedom 55 20
Financial freedom 50 20

Economic freedom comparison by year

Fiji
Lebanon
1x
Year Economic freedom index
Fiji Lebanon
2026 59.5 43.1
2025 59.1 44.1
2024 58 48.3
2023 58 45.6
2022 56.4 47.3
2021 62.2 51.4
2020 63.4 51.7
2019 62.2 51.1
2018 62 53.2
2017 63.4 53.3
2016 58.8 59.5
2015 59 59.3
2014 58.7 59.4
2013 57.2 59.5
2012 57.3 60.1
2011 60.4 60.1
2010 60.3 59.5
2009 61 58.1
2008 61.8 60
2007 60.8 60.4
2006 58.4 57.5
2005 58.2 57.2
2004 58 56.9
2003 54.7 56.7
2002 53.9 57.1
2001 53.7 61
2000 57.8 56.1
1999 58.4 59.1
1998 58.2 59
1997 58 63.9
1996 57.4 63.2
1995 54.7 -

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

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

The Economic Freedom Index for Fiji is 59.5, ranking 103/197, compared to 43.1 for Lebanon, ranking 183/197. The chart above displays a comparison of annual changes in economic freedom indexes.

Other economic metrics

Fiji Lebanon
Services, % of GDP
54.6%
2024
42.4%
2023
Industry, % of GDP
16.5%
2024
2.09%
2023
Agriculture, forestry, and fishing, % of GDP
13.2%
2024
0.97%
2023
GNI, Atlas method
$5.4B
2024
$21.4B
2023
GNI per capita, PPP
$14,490
2024
$12,420
2023
Total reserves including gold
$1.6B
2024
$33.3B
2024
Total reserves ranking
133/177
2024
54/177
2024
Net foreign direct investment
-$86.9M
2022
-$583M
2023
Net inflows of foreign direct investment
$204M
2024
$1.84B
2024
Net outflows of foreign direct investment
$25.6M
2024
$391M
2024
Servicing debt to the IMF, % of GNI
4.36%
2024
22%
2023
Poverty at national poverty lines
31%
2020
27.4%
2012
Gross capital formation, % of GDP
19.7%
2023
1.9%
2023

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/lebanon | 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. The Heritage Foundation | Economic Freedom Index (1995–2026, retrieved 2026-03-09)
  4. U.S. Census Bureau (1985–2024, retrieved 2026-02-08)
  5. International Monetary Fund (IMF) | Public Finances in Modern History (1990–1999, retrieved 2026-02-20)
  6. TradeMap (2021–2024, retrieved 2026-02-08)
  7. United Nations | World Population Prospects (2026, retrieved 2026-03-10)
  8. LivingCost (2026, retrieved 2025-10-14)
  9. 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.