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Economy of Fiji vs Malta compared: GDP & Debt

Updated on by Georank team

Fiji has a GDP of $5.97B compared to $25B for Malta, ranking 161/197 and 119/197 by economy size, respectively.

Fiji has $4.54B in government debt (76.2% of GDP), compared to $11.5B (46.2% of GDP) in Malta.

Fiji vs Malta GDP by year

Fiji
Malta
1x
Year GDP, current $
Fiji Malta
2024 $5,968,125,909 $24,971,574,502
2023 $5,476,673,518 $22,610,561,526
2022 $4,977,861,886 $18,928,276,162
2021 $4,158,873,156 $19,739,875,611
2020 $4,227,719,873 $16,404,663,226
2019 $5,344,907,153 $16,337,793,531
2018 $5,581,425,327 $16,153,779,511
2017 $5,353,469,174 $14,161,366,724
2016 $4,930,213,644 $12,025,782,834
2015 $4,682,479,894 $11,340,795,042
2014 $4,857,104,769 $11,888,032,874
2013 $4,189,967,999 $10,796,782,636
2012 $3,972,028,104 $9,609,532,089
2011 $3,779,411,899 $9,789,361,703
2010 $3,140,166,713 $9,097,044,159
2009 $2,870,624,636 $8,734,745,698
2008 $3,523,185,920 $9,135,419,465
2007 $3,378,314,600 $7,908,412,306
2006 $3,076,305,453 $6,749,838,806
2005 $2,980,403,845 $6,393,234,993
2004 $2,708,078,477 $6,104,141,520
2003 $2,300,492,465 $5,418,315,224
2002 $1,833,279,985 $4,455,127,414
2001 $1,652,462,023 $4,070,867,133
2000 $1,678,219,508 $4,036,809,815
1999 $1,936,459,986 $4,111,857,809
1998 $1,653,146,717 $4,010,111,688
1997 $2,090,221,137 $3,787,023,707
1996 $2,128,696,644 $3,822,547,197
1995 $1,970,301,486 $3,709,396,045
1994 $1,825,732,093 $2,998,505,428
1993 $1,636,101,247 $2,709,193,538
1992 $1,532,411,039 $3,021,942,759
1991 $1,383,883,250 $2,750,216,747
1990 $1,337,017,559 $2,547,328,748
1989 $1,182,660,266 $2,118,655,677
1988 $1,110,009,523 $2,019,503,068
1987 $1,177,947,965 $1,751,293,461
1986 $1,290,267,340 $1,435,038,441
1985 $1,141,168,944 $1,117,797,439
1984 $1,178,000,678 $1,101,807,023
1983 $1,123,085,190 $1,165,729,707
1982 $1,194,059,943 $1,234,474,404
1981 $1,235,626,771 $1,243,509,394
1980 $1,202,618,816 $1,250,198,601
1979 $1,019,691,460 $1,001,288,847
1978 $829,267,889 $793,673,402
1977 $719,501,766 $625,563,171
1976 $694,540,806 $527,936,989
1975 $684,282,434 $474,618,321
1974 $558,587,097 $376,081,124
1973 $425,950,488 $345,616,106
1972 $316,656,649 $295,106,628
1971 $247,749,328 $264,578,485
1970 $219,878,482 $250,728,796
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/malta | CC BY

GDP per capita in Fiji vs Malta by year

Fiji
GDP per capita

GDP per capita, PPP
Malta
GDP per capita

GDP per capita, PPP
1x
Year Current $
Fiji Malta
GDP per capita GDP per capita, PPP GDP per capita GDP per capita, PPP
2024 $6,426 $15,450 $43,899 $69,864
2023 $5,926 $14,644 $40,906 $67,057
2022 $5,414 $12,982 $35,639 $60,589
2021 $4,537 $10,322 $38,097 $56,852
2020 $4,621 $10,716 $31,823 $49,972
2019 $5,842 $12,978 $32,422 $51,393
2018 $6,085 $12,984 $33,382 $48,178
2017 $5,827 $12,585 $30,317 $45,764
2016 $5,364 $11,766 $26,459 $41,000
2015 $5,098 $11,519 $25,530 $38,369
2014 $5,293 $10,516 $27,425 $35,206
2013 $4,572 $8,842 $25,416 $33,138
2012 $4,341 $8,204 $22,878 $30,716
2011 $4,140 $7,672 $23,517 $29,426
2010 $3,449 $7,339 $21,947 $28,909
2009 $3,164 $7,068 $21,176 $26,782
2008 $3,900 $7,154 $22,315 $26,654
2007 $3,763 $6,990 $19,444 $25,012
2006 $3,455 $6,921 $16,654 $23,219
2005 $3,378 $6,652 $15,831 $22,227
2004 $3,097 $6,463 $15,212 $21,566
2003 $2,656 $6,033 $13,594 $20,813
2002 $2,137 $5,914 $11,251 $19,532
2001 $1,945 $5,699 $10,358 $18,435
2000 $1,996 $5,521 $10,348 $18,214
1999 $2,328 $5,552 $10,609 $16,898
1998 $2,010 $5,090 $10,408 $16,219
1997 $2,574 $5,031 $9,893 $15,465
1996 $2,648 $5,109 $10,062 $14,661
1995 $2,467 $4,818 $9,828 $13,950
1994 $2,297 $4,627 $8,000 $12,938
1993 $2,070 $4,334 $7,296 $12,103
1992 $1,951 $4,172 $8,220 $11,429
1991 $1,775 $3,873 $7,559 $10,784
1990 $1,729 $3,882 $7,192 $10,086
1989 $1,543 - $6,041 -
1988 $1,463 - $5,814 -
1987 $1,569 - $5,084 -
1986 $1,745 - $4,195 -
1985 $1,577 - $3,322 -
1984 $1,667 - $3,333 -
1983 $1,628 - $3,527 -
1982 $1,773 - $3,788 -
1981 $1,879 - $3,898 -
1980 $1,873 - $3,948 -
1979 $1,627 - $3,196 -
1978 $1,355 - $2,559 -
1977 $1,204 - $2,038 -
1976 $1,186 - $1,727 -
1975 $1,188 - $1,560 -
1974 $984 - $1,245 -
1973 $762 - $1,144 -
1972 $575 - $976 -
1971 $458 - $874 -
1970 $414 - $828 -
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/malta | CC BY

Fiji's GDP per capita is $6,426, ranking 108/197, compared to $43,899 in Malta, ranking 28/197. Adjusted for purchasing power (GDP per capita PPP), Fiji ranks 113th at $15,450, while Malta ranks 25th at $69,864.

Economic indicators

Fiji Malta
Gross domestic product
$5.97B
2024
$25B
2024
GDP rank
161/197
2024
119/197
2024
GDP growth
3.53%
2023-2024
6.8%
2023-2024
GDP per capita
$6,426
2024
$43,899
2024
GDP per capita rank
108/197
2024
28/197
2024
GDP per capita, PPP
$15,450
2024
$69,864
2024
GDP per capita PPP rank
113/197
2024
25/197
2024
Government debt
$4.54B
2024
$11.5B
2024
Debt-to-GDP ratio
76.2%
2024
46.2%
2024
Government debt per person
$4,893
2024
$20,269
2024
Government debt per person rank
80/185
2024
31/185
2024
Average annual personal income after taxes
$6,964
2026
$23,692
2026
Market capitalization of domestic companies n/a
$4.29B
2024
Income share by richest 10%
24.2%
2019
27.7%
2022
Income share by poorest 10%
3.5%
2019
2.7%
2022
Government expenditure, % of GDP
29.7%
2024
37.3%
2024
Consumer prices inflation
4.51%
2023-2024
1.65%
2023-2024
Central bank interest rate
0.25%
2020
n/a
Unemployment rate
5.36%
2024
3.12%
2024
Population
938628
581729

Spending and national debt comparison by year

Fiji
Spending

Debt
Malta
Spending

Debt
1x
Year % of GDP
Fiji Malta
Government spending Government debt Government spending Government debt
2024 29.7% 76.2% 37.3% 46.2%
2023 28.8% 79.1% 36.1% 46.8%
2022 30.9% 83.3% 38.3% 50.1%
2021 36.7% 89% 39.4% 49.6%
2020 36.2% 72.9% 42.1% 48.6%
2019 30.8% 49.7% 34.9% 39.2%
2018 31.8% 44.8% 34.5% 41.4%
2017 27.3% 42.2% 32.7% 45.6%
2016 31.4% 43.6% 35.5% 53.1%
2015 29.8% 43% 37.8% 55%
2014 29.1% 44.5% 39.6% 60.7%
2013 25.1% 45.8% 40.1% 64.9%
2012 25.5% 47.7% 41.7% 65.6%
2011 25.3% 48.6% 41.5% 68.9%
2010 24.8% 51.8% 40.1% 65%
2009 26.2% 51.5% 41.1% 66%
2008 22.6% 47.5% 42.1% 61.5%
2007 23.3% 46% 41.2% 62%
2006 24.8% 49.2% 42.5% 64.5%
2005 23.3% 44% 42.5% 70.2%
2004 24% 44.5% 42% 70.4%
2003 25.8% 44.9% 45.6% 68.6%
2002 27.4% 43.4% 43.6% 65.1%
2001 26.4% 41% 44.4% 70%
2000 24.8% 36.9% 42.9% 64.4%
1999 23.2% 32.7% - 69.8%
1998 26.8% 36.6% - 66.4%
1997 29.1% 54.1% - 60.8%
1996 26.4% 48.8% - 51.5%
1995 23.2% 48.4% - 45.3%
1994 24.3% 47.6% - -
1993 25.7% 44.3% - -
1992 25.8% 42.2% - -

Data sources: International Monetary Fund (IMF) | Fiscal Monitor (1992–2024, retrieved 2026-02-20).

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

In 2024, Fiji's government spending was $1.77B, accounting for 29.7% of its GDP, while Malta spent $9.32B, or 37.3% of GDP.

Debt-to-GDP ratio is 76.2% in Fiji and 46.2% in Malta, ranking 47/185 and 118/185, respectively.

Government deficit by year

Deficit/surplus
Fiji

Malta
1x
Year Deficit/surplus, % of GDP
Fiji Malta
2024 -3.36% -3.58%
2023 -6.82% -4.65%
2022 -11.2% -5.31%
2021 -14.6% -6.95%
2020 -9.24% -8.72%
2019 -3.67% 0.72%
2018 -4.72% 1.86%
2017 -2.22% 3.4%
2016 -5.58% 1.1%
2015 -3.8% -0.84%
2014 -3.36% -1.49%
2013 -0.08% -2.19%
2012 -0.67% -3.31%
2011 -0.69% -2.99%
2010 -1.26% -2.22%
2009 -2.76% -3.11%
2008 1.54% -4.06%
2007 0.35% -2.05%
2006 -0.74% -2.46%
2005 -1.14% -2.83%
2004 -0.95% -4.28%
2003 -3.34% -9.04%
2002 -3.58% -5.62%
2001 -4.4% -6.5%
2000 -1.37% -5.83%
1999 1.1% -
1998 5.21% -
1997 -4.48% -
1996 -3.35% -
1995 0.77% -
1994 -0.19% -
1993 -1.83% -
1992 -2.14% -

Data sources: International Monetary Fund (IMF) | Fiscal Monitor (1992–2024, retrieved 2026-02-20).

GeoRank.org/economy/fiji/malta | 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 Malta's deficit of $893M, or 3.58% of GDP.

Over the past 25 years, Fiji recorded a fiscal deficit in 23 of those years, while Malta ran a deficit in 21 years. On average, Fiji posted an annual deficit equal to 3.51% of GDP, compared to deficit of 3.24% of GDP for Malta.

Inflation comparison by year

Inflation
Fiji

Malta
1x
Year Consumer prices inflation
Fiji Malta
2024 4.51% 1.65%
2023 2.34% 5.09%
2022 4.32% 6.15%
2021 0.16% 1.5%
2020 -2.6% 0.64%
2019 1.77% 1.64%
2018 4.08% 1.16%
2017 3.35% 1.36%
2016 3.86% 0.64%
2015 1.37% 1.1%
2014 0.52% 0.31%
2013 2.91% 1.18%
2012 3.42% 2.38%
2011 7.28% 2.96%
2010 3.69% 1.52%
2009 3.13% 2.08%
2008 7.73% 4.26%
2007 4.8% 1.25%
2006 2.49% 2.77%
2005 2.37% 3.01%
2004 2.83% 2.79%
2003 4.17% 1.3%
2002 0.76% 2.19%
2001 4.27% 2.93%
2000 1.09% 2.37%
1999 1.97% 2.13%
1998 5.71% 2.39%
1997 3.37% 3.11%

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

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

Over the past 28 years, Fiji has recorded an average annual inflation rate of 3.06%, compared with 2.21% in Malta. In 2024, inflation was 4.51% in Fiji and 1.65% in Malta.

Top exports between countries

Fiji
Export category Export value
Processed food, beverages & tobacco $19K
Chemicals & pharma $11K
Wood & paper products $1K
Malta
Export category Export value
Machinery & equipment $68K
Wood & paper products $5K
Chemicals & pharma $1K

Balance of trade

Fiji Malta
Current account balance
-$866M
2022
$1.78B
2024
Current account balance ranking
120/190
2022
47/190
2024
Current account balance, % of GDP
-17.4%
2022
+7.12%
2024
Goods imports
$2.68B
2022
$7.56B
2024
Goods exports
$1.05B
2022
$4.58B
2024
Service imports
$754M
2022
$17.4B
2024
Service exports
$1.33B
2022
$25B
2024
Imports of goods and services, % of GDP
69.2%
2023
99.7%
2024
Exports of goods and services, % of GDP
57%
2023
118.5%
2024

Economic freedom indices

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

Fiji Malta
Economic freedom 59.5 68.2
Economic freedom ranking 103/197 49/197
Property rights 59.9 85.5
Government integrity 55.4 54.3
Judicial effectiveness 53.2 80.2
Tax burden 87.8 68.5
Government spending 70 58.4
Fiscal health 7.5 63.2
Business freedom 69.5 83.2
Labor freedom 66.9 62.6
Monetary freedom 72.4 73.1
Trade freedom 66.6 79.4
Investment freedom 55 60
Financial freedom 50 50

Economic freedom comparison by year

Fiji
Malta
1x
Year Economic freedom index
Fiji Malta
2026 59.5 68.2
2025 59.1 66.8
2024 58 64.5
2023 58 67.5
2022 56.4 71.5
2021 62.2 70.2
2020 63.4 69.5
2019 62.2 68.6
2018 62 68.5
2017 63.4 67.7
2016 58.8 66.7
2015 59 66.5
2014 58.7 66.4
2013 57.2 67.5
2012 57.3 67
2011 60.4 65.7
2010 60.3 67.2
2009 61 66.1
2008 61.8 66
2007 60.8 66.1
2006 58.4 67.3
2005 58.2 68.9
2004 58 63.3
2003 54.7 61.1
2002 53.9 62.2
2001 53.7 62.9
2000 57.8 58.3
1999 58.4 59.3
1998 58.2 61.2
1997 58 57.9
1996 57.4 55.8
1995 54.7 56.3

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

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

The Economic Freedom Index for Fiji is 59.5, ranking 103/197, compared to 68.2 for Malta, ranking 49/197. The chart above displays a comparison of annual changes in economic freedom indexes.

Other economic metrics

Fiji Malta
Services, % of GDP
54.6%
2024
81.8%
2024
Industry, % of GDP
16.5%
2024
10.7%
2024
Agriculture, forestry, and fishing, % of GDP
13.2%
2024
0.23%
2024
GNI, Atlas method
$5.4B
2024
$20.9B
2024
GNI per capita, PPP
$14,490
2024
$61,340
2024
Total reserves including gold
$1.6B
2024
$1.42B
2024
Total reserves ranking
133/177
2024
137/177
2024
Net foreign direct investment
-$86.9M
2022
-$6.13B
2024
Net inflows of foreign direct investment
$204M
2024
$42.6B
2024
Net outflows of foreign direct investment
$25.6M
2024
$36.5B
2024
Servicing debt to the IMF, % of GNI
4.36%
2024
n/a
Poverty at national poverty lines
31%
2020
16.7%
2021
Gross capital formation, % of GDP
19.7%
2023
19%
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/malta | 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 (1992–2024, 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. TradeMap (2020–2024, 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.