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Economy of Fiji vs Mali compared: GDP & Debt

Updated on by Georank

Fiji has a GDP of $6.2B compared to $30.1B for Mali, ranking 161/197 and 114/197 by economy size, respectively.

Fiji has $4.88B in government debt (78.7% of GDP), compared to $12.6B (41.9% of GDP) in Mali.

Fiji vs Mali GDP by year

Fiji
Mali
1x
Year GDP, current $
Fiji Mali
2025 $6,198,013,062 $30,069,148,581
2024 $5,968,125,909 $26,761,281,077
2023 $5,476,673,518 $24,777,941,861
2022 $4,977,861,886 $22,539,987,719
2021 $4,158,873,156 $22,999,245,263
2020 $4,227,719,873 $20,698,560,939
2019 $5,344,907,153 $20,477,421,885
2018 $5,581,425,327 $20,368,015,381
2017 $5,353,469,174 $18,308,362,040
2016 $4,930,213,644 $16,743,796,800
2015 $4,682,479,894 $15,583,181,170
2014 $4,857,104,769 $17,081,681,993
2013 $4,189,967,999 $15,747,192,681
2012 $3,972,028,104 $14,795,114,603
2011 $3,779,411,899 $15,452,791,789
2010 $3,140,166,713 $12,710,739,160
2009 $2,870,624,636 $12,155,217,833
2008 $3,523,185,920 $11,462,490,840
2007 $3,378,314,600 $9,699,047,443
2006 $3,076,305,453 $8,212,007,554
2005 $2,980,403,845 $7,429,066,952
2004 $2,708,078,477 $6,485,774,930
2003 $2,300,492,465 $5,605,613,011
2002 $1,833,279,985 $4,647,238,257
2001 $1,652,462,023 $4,124,281,594
2000 $1,678,219,508 $3,521,570,876
1999 $1,936,459,986 $4,091,446,054
1998 $1,653,146,717 $3,894,433,432
1997 $2,090,221,137 $3,414,879,486
1996 $2,128,696,644 $3,743,103,420
1995 $1,970,301,486 $3,373,322,735
1994 $1,825,732,093 $2,655,768,636
1993 $1,636,101,247 $3,632,801,877
1992 $1,532,411,039 $3,680,775,037
1991 $1,383,883,250 $3,576,562,682
1990 $1,337,017,559 $3,248,417,791
1989 $1,182,660,266 $2,824,822,489
1988 $1,110,009,523 $2,712,207,901
1987 $1,177,947,965 $2,437,004,680
1986 $1,290,267,340 $2,132,938,007
1985 $1,141,168,944 $1,594,347,021
1984 $1,178,000,678 $1,387,809,615
1983 $1,123,085,190 $1,496,616,127
1982 $1,194,059,943 $1,680,304,773
1981 $1,235,626,771 $2,234,583,940
1980 $1,202,618,816 $2,704,362,789
1979 $1,019,691,460 $1,595,422,956
1978 $829,267,889 $1,222,702,573
1977 $719,501,766 $1,049,838,548
1976 $694,540,806 $939,228,017
1975 $684,282,434 $830,710,615
1974 $558,587,097 $538,747,340
1973 $425,950,488 $563,683,703
1972 $316,656,649 $486,617,280
1971 $247,749,328 $395,218,629
1970 $219,878,482 $359,772,315
1969 $182,182,068 $339,913,867
1968 $166,952,937 $343,771,973
1967 $162,625,886 $275,494,478
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/mali | CC BY

GDP per capita in Fiji vs Mali by year

Fiji
GDP per capita

GDP per capita, PPP
Mali
GDP per capita

GDP per capita, PPP
1x
Year Current $
Fiji Mali
GDP per capita GDP per capita, PPP GDP per capita GDP per capita, PPP
2025 $6,642 - $1,193 -
2024 $6,426 $15,450 $1,093 $3,315
2023 $5,926 $14,644 $1,042 $3,175
2022 $5,414 $12,982 $977 $3,014
2021 $4,537 $10,322 $1,027 $2,796
2020 $4,621 $10,716 $953 $2,724
2019 $5,842 $12,978 $972 $2,820
2018 $6,085 $12,984 $996 $2,684
2017 $5,827 $12,585 $924 $2,607
2016 $5,364 $11,766 $872 $2,532
2015 $5,098 $11,519 $838 $2,330
2014 $5,293 $10,516 $948 $2,185
2013 $4,572 $8,842 $902 $2,059
2012 $4,341 $8,204 $873 $1,990
2011 $4,140 $7,672 $938 $2,046
2010 $3,449 $7,339 $797 $2,012
2009 $3,164 $7,068 $787 $1,945
2008 $3,900 $7,154 $767 $1,893
2007 $3,763 $6,990 $671 $1,852
2006 $3,455 $6,921 $587 $1,832
2005 $3,378 $6,652 $549 $1,771
2004 $3,097 $6,463 $495 $1,730
2003 $2,656 $6,033 $442 $1,715
2002 $2,137 $5,914 $378 $1,581
2001 $1,945 $5,699 $346 $1,559
2000 $1,996 $5,521 $305 $1,357
1999 $2,328 $5,552 $364 $1,376
1998 $2,010 $5,090 $357 $1,332
1997 $2,574 $5,031 $321 $1,267
1996 $2,648 $5,109 $360 $1,224
1995 $2,467 $4,818 $331 $1,154
1994 $2,297 $4,627 $266.5 $1,147
1993 $2,070 $4,334 $372 $1,087
1992 $1,951 $4,172 $385 $1,039
1991 $1,775 $3,873 $382 $1,091
1990 $1,729 $3,882 $354 $956
1989 $1,543 - $314 -
1988 $1,463 - $307 -
1987 $1,569 - $280.7 -
1986 $1,745 - $250 -
1985 $1,577 - $190.4 -
1984 $1,667 - $169.1 -
1983 $1,628 - $186.3 -
1982 $1,773 - $213.8 -
1981 $1,879 - $290.5 -
1980 $1,873 - $359 -
1979 $1,627 - $216.3 -
1978 $1,355 - $169.1 -
1977 $1,204 - $148.1 -
1976 $1,186 - $134.9 -
1975 $1,188 - $121.5 -
1974 $984 - $80.2 -
1973 $762 - $85.4 -
1972 $575 - $75.1 -
1971 $458 - $62 -
1970 $414 - $57.3 -
1969 $350 - $55 -
1968 $327 - $56.5 -
1967 $326 - $46 -
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/mali | CC BY

Fiji's GDP per capita is $6,642, ranking 106/197, compared to $1,193 in Mali, ranking 174/197. Adjusted for purchasing power (GDP per capita PPP), Fiji ranks 113th at $15,450, while Mali ranks 174th at $3,315.

Economic indicators

Fiji Mali
Gross domestic product
$6.2B
2025
$30.1B
2025
GDP rank
161/197
2025
114/197
2025
GDP growth
3.2%
2024-2025
5.6%
2024-2025
GDP per capita
$6,642
2025
$1,193
2025
GDP per capita rank
106/197
2025
174/197
2025
GDP per capita, PPP
$15,450
2024
$3,315
2024
GDP per capita PPP rank
113/197
2024
174/197
2024
Government debt
$4.88B
2025
$12.6B
2025
Debt-to-GDP ratio
78.7%
2025
41.9%
2025
Government debt per person
$5,227
2025
$500
2025
Government debt per person rank
82/185
2025
168/185
2025
Average annual personal income after taxes
$4,553
2026
$1,949
2026
Income share by richest 10%
24.2%
2019
28.3%
2021
Income share by poorest 10%
3.5%
2019
3.2%
2021
Government expenditure, % of GDP
31.5%
2025
20.9%
2025
Consumer prices inflation
-1.38%
2024-2025
2.3%
2024-2025
Central bank interest rate
0.25%
2020
n/a
Unemployment rate
5.36%
2024
4.5%
2024
Population
939479
26322576

Spending and national debt comparison by year

Fiji
Spending

Debt
Mali
Spending

Debt
1x
Year % of GDP
Fiji Mali
Government spending Government debt Government spending Government debt
2025 31.5% 78.7% 20.9% 41.9%
2024 30.8% 79.1% 21% 44%
2023 30.2% 82.9% 21.2% 44.3%
2022 33.9% 91.5% 20.8% 42.9%
2021 35.8% 86.7% 22.5% 43.2%
2020 32.7% 65.8% 22% 39.8%
2019 30.7% 49.5% 19.5% 34.3%
2018 32.5% 45.8% 17% 31.4%
2017 28.1% 43.4% 19.2% 30.1%
2016 32.1% 44.6% 18.6% 30.1%
2015 30.6% 44.3% 17.6% 25.8%
2014 30.2% 46.2% 16.8% 22.6%
2013 25.9% 47.4% 16.6% 22.2%
2012 26% 48.6% 13.1% 21.3%
2011 26.5% 51% 17.3% 20.1%
2010 25.5% 53.4% 17.4% 21.8%
2009 26.2% 51.5% 19.6% 18.8%
2008 22.8% 47.9% 16.2% 17.3%
2007 23.5% 46.4% 18.1% 15.6%
2006 25.4% 50.3% 18.9% 15.4%
2005 24% 45.3% 18.3% 39.5%
2004 24.7% 45.9% 18.5% 36.1%
2003 26.7% 46.4% 17.8% 37.7%
2002 28.1% 44.5% 16.8% 36%
2001 27% 41.9% 15.7% 66.3%
2000 24.2% 35.9% 16.5% 77%
1999 24.6% 34.7% - -
1998 27.7% 37.9% - -
1997 29.2% 54.4% - -
1996 27.2% 50.3% - -
1995 23.5% 49.1% - -
1994 24.9% 48.8% - -
1993 26.7% 45.9% - -
1992 27.1% 44.3% - -

Data sources: International Monetary Fund (IMF) | Fiscal Monitor (1992–2025, retrieved 2026-07-08).

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

In 2025, Fiji's government spending was $1.95B, accounting for 31.5% of its GDP, while Mali spent $6.29B, or 20.9% of GDP.

Debt-to-GDP ratio is 78.7% in Fiji and 41.9% in Mali, ranking 45/185 and 125/185, respectively.

Government deficit by year

Deficit/surplus
Fiji

Mali
1x
Year Deficit/surplus, % of GDP
Fiji Mali
2025 -2.46% -1.59%
2024 -3.44% -2.16%
2023 -7.15% -3.05%
2022 -12.3% -4.05%
2021 -14.2% -4.12%
2020 -8.34% -4.56%
2019 -3.65% -1.42%
2018 -4.82% -3.97%
2017 -2.28% -2.4%
2016 -5.7% -3.3%
2015 -3.91% -1.53%
2014 -3.48% -2.43%
2013 -0.08% -1.99%
2012 -0.68% -0.8%
2011 -0.72% -2.87%
2010 -1.29% -2.21%
2009 -2.76% -3.19%
2008 1.56% -1.69%
2007 0.36% -2.35%
2006 -0.76% 23.7%
2005 -1.18% -2.34%
2004 -0.98% -2.01%
2003 -3.46% -1.01%
2002 -3.68% -2.61%
2001 -4.5% -2.39%
2000 -1.33% -2.25%
1999 1.17% -
1998 5.4% -
1997 -4.5% -
1996 -3.46% -
1995 0.78% -
1994 -0.2% -
1993 -1.9% -
1992 -2.25% -

Data sources: International Monetary Fund (IMF) | Fiscal Monitor (1992–2025, retrieved 2026-07-08).

GeoRank.org/economy/fiji/mali | 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 Mali's deficit of $478M, or 1.59% of GDP.

Over the past 26 years, Fiji recorded a fiscal deficit in 24 of those years, while Mali ran a deficit in 25 years. On average, Fiji posted an annual deficit equal to 3.51% of GDP, compared to deficit of 1.48% of GDP for Mali.

Inflation comparison by year

Inflation
Fiji

Mali
1x
Year Consumer prices inflation
Fiji Mali
2025 -1.38% 2.3%
2024 3.89% 3.2%
2023 2.98% 2.1%
2022 6.08% 9.7%
2021 1.53% 3.8%
2020 -1.7% 0.5%
2019 1.79% -3%
2018 4.08% 1.9%
2017 3.35% 2.4%
2016 3.86% -1.8%
2015 1.37% 1.4%
2014 0.52% 0.9%
2013 2.91% -0.6%
2012 3.42% 5.3%
2011 7.28% 3%
2010 3.69% 1.2%
2009 3.13% 2.4%
2008 7.73% 9.2%
2007 4.8% 1.4%
2006 2.49% 1.6%
2005 2.37% 6.4%
2004 2.83% -3.1%
2003 4.17% -1.3%
2002 0.76% 5%
2001 4.27% 5.2%
2000 1.09% -0.8%
1999 1.97% -1.2%
1998 5.71% 4.1%
1997 3.37% -0.7%

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/mali | CC BY

Over the past 29 years, Fiji has recorded an average annual inflation rate of 3.05%, compared with 2.09% in Mali. In 2025, inflation was -1.38% in Fiji and 2.3% in Mali.

Balance of trade

Fiji Mali
Current account balance
-$464M
2024
-$1.16B
2024
Current account balance ranking
104/190
2024
122/190
2024
Current account balance, % of GDP
-7.78%
2024
-4.33%
2024
Goods imports
$2.86B
2024
$5.49B
2024
Goods exports
$1.13B
2024
$5.48B
2024
Service imports
$996M
2024
$1.8B
2024
Service exports
$2.12B
2024
$516M
2024
Imports of goods and services, % of GDP
64.6%
2024
26.7%
2025
Exports of goods and services, % of GDP
54.4%
2024
22.1%
2025

Economic freedom indices

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

Fiji Mali
Economic freedom 59.5 52.1
Economic freedom ranking 103/197 150/197
Property rights 59.9 13.8
Government integrity 55.4 23.2
Judicial effectiveness 53.2 23.3
Tax burden 87.8 67.9
Government spending 70 81.8
Fiscal health 7.5 73.6
Business freedom 69.5 40.8
Labor freedom 66.9 54.1
Monetary freedom 72.4 78.2
Trade freedom 66.6 64
Investment freedom 55 65
Financial freedom 50 40

Economic freedom comparison by year

Fiji
Mali
1x
Year Economic freedom index
Fiji Mali
2026 59.5 52.1
2025 59.1 52.6
2024 58 52.5
2023 58 54.5
2022 56.4 55.9
2021 62.2 55.6
2020 63.4 55.9
2019 62.2 58.1
2018 62 57.6
2017 63.4 58.6
2016 58.8 56.5
2015 59 56.4
2014 58.7 55.5
2013 57.2 56.4
2012 57.3 55.8
2011 60.4 56.3
2010 60.3 55.6
2009 61 55.6
2008 61.8 55.6
2007 60.8 54.7
2006 58.4 54.1
2005 58.2 57.3
2004 58 56.6
2003 54.7 58.6
2002 53.9 61.1
2001 53.7 60.1
2000 57.8 60.3
1999 58.4 58.4
1998 58.2 57.3
1997 58 56.4
1996 57.4 57
1995 54.7 52.4

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

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

The Economic Freedom Index for Fiji is 59.5, ranking 103/197, compared to 52.1 for Mali, ranking 150/197. The chart above displays a comparison of annual changes in economic freedom indexes.

Other economic metrics

Fiji Mali
Services, % of GDP
57%
2025
36.6%
2025
Industry, % of GDP
13.9%
2025
23.4%
2025
Agriculture, forestry, and fishing, % of GDP
14%
2025
33%
2025
GNI, Atlas method
$5.81B
2025
$28.3B
2025
GNI per capita, PPP
$15,360
2025
$3,400
2025
Total reserves including gold
$1.66B
2025
n/a
Total reserves ranking
130/177
2025
n/a
Net foreign direct investment
-$178M
2024
-$843M
2024
Net inflows of foreign direct investment
$204M
2024
$921M
2024
Net outflows of foreign direct investment
$25.6M
2024
$78.1M
2024
Servicing debt to the IMF, % of GNI
4.36%
2024
1.42%
2024
Poverty at national poverty lines
31%
2020
43.3%
2024
Gross capital formation, % of GDP
20.9%
2024
20%
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/mali | 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. United Nations | World Population Prospects (2026, retrieved 2026-07-08)
  6. LivingCost (2026, retrieved 2026-07-08)
  7. 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.