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Economy of Fiji vs Nepal compared: GDP & Debt

Updated on by Georank team

Fiji has a GDP of $5.97B compared to $42.9B for Nepal, ranking 161/197 and 101/197 by economy size, respectively.

Fiji has $4.54B in government debt (76.2% of GDP), compared to $20.7B (48.3% of GDP) in Nepal.

Fiji vs Nepal GDP by year

Fiji
Nepal
1x
Year GDP, current $
Fiji Nepal
2024 $5,968,125,909 $42,914,268,287
2023 $5,476,673,518 $41,047,772,331
2022 $4,977,861,886 $41,182,939,601
2021 $4,158,873,156 $36,924,841,394
2020 $4,227,719,873 $33,433,659,301
2019 $5,344,907,153 $34,186,180,699
2018 $5,581,425,327 $33,111,525,237
2017 $5,353,469,174 $28,971,588,940
2016 $4,930,213,644 $24,524,109,484
2015 $4,682,479,894 $24,360,801,287
2014 $4,857,104,769 $22,731,612,922
2013 $4,189,967,999 $22,162,204,925
2012 $3,972,028,104 $21,703,100,877
2011 $3,779,411,899 $21,573,872,421
2010 $3,140,166,713 $16,002,656,434
2009 $2,870,624,636 $12,854,985,464
2008 $3,523,185,920 $12,545,438,605
2007 $3,378,314,600 $10,325,618,017
2006 $3,076,305,453 $9,043,715,356
2005 $2,980,403,845 $8,130,258,378
2004 $2,708,078,477 $7,273,938,315
2003 $2,300,492,465 $6,330,473,097
2002 $1,833,279,985 $6,050,875,807
2001 $1,652,462,023 $6,007,055,042
2000 $1,678,219,508 $5,494,252,208
1999 $1,936,459,986 $5,033,642,384
1998 $1,653,146,717 $4,856,255,044
1997 $2,090,221,137 $4,918,691,917
1996 $2,128,696,644 $4,521,580,381
1995 $1,970,301,486 $4,401,104,418
1994 $1,825,732,093 $4,066,775,510
1993 $1,636,101,247 $3,660,041,667
1992 $1,532,411,039 $3,401,211,581
1991 $1,383,883,250 $3,921,476,085
1990 $1,337,017,559 $3,627,560,239
1989 $1,182,660,266 $3,525,225,787
1988 $1,110,009,523 $3,487,009,748
1987 $1,177,947,965 $2,957,255,380
1986 $1,290,267,340 $2,850,782,044
1985 $1,141,168,944 $2,619,913,956
1984 $1,178,000,678 $2,581,207,388
1983 $1,123,085,190 $2,447,174,803
1982 $1,194,059,943 $2,395,423,742
1981 $1,235,626,771 $2,275,583,317
1980 $1,202,618,816 $1,945,916,583
1979 $1,019,691,460 $1,851,250,008
1978 $829,267,889 $1,604,162,497
1977 $719,501,766 $1,382,400,000
1976 $694,540,806 $1,452,788,985
1975 $684,282,434 $1,575,789,254
1974 $558,587,097 $1,217,953,547
1973 $425,950,488 $972,101,725
1972 $316,656,649 $1,024,098,400
1971 $247,749,328 $882,765,472
1970 $219,878,482 $865,975,309
1969 $182,182,068 $788,641,965
1968 $166,952,937 $772,231,387
1967 $162,625,886 $841,974,025
1966 $150,603,926 $906,811,944
1965 $147,084,750 $735,267,082
1964 $140,032,741 $496,098,775
1963 $129,454,729 $496,947,904
1962 $122,906,435 $574,091,101
1961 $116,987,785 $531,959,562
1960 $112,328,422 $508,334,414

Data sources: World Bank | Economy & Growth (1960–2024, retrieved 2026-04-06).

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

GDP per capita in Fiji vs Nepal by year

Fiji
GDP per capita

GDP per capita, PPP
Nepal
GDP per capita

GDP per capita, PPP
1x
Year Current $
Fiji Nepal
GDP per capita GDP per capita, PPP GDP per capita GDP per capita, PPP
2024 $6,426 $15,450 $1,447 $5,737
2023 $5,926 $14,644 $1,382 $5,395
2022 $5,414 $12,982 $1,386 $5,103
2021 $4,537 $10,322 $1,253 $4,546
2020 $4,621 $10,716 $1,154 $4,236
2019 $5,842 $12,978 $1,203 $4,261
2018 $6,085 $12,984 $1,179 $3,956
2017 $5,827 $12,585 $1,034 $3,605
2016 $5,364 $11,766 $877 $2,976
2015 $5,098 $11,519 $876 $2,957
2014 $5,293 $10,516 $821 $2,901
2013 $4,572 $8,842 $803 $2,658
2012 $4,341 $8,204 $788 $2,466
2011 $4,140 $7,672 $786 $2,248
2010 $3,449 $7,339 $585 $2,139
2009 $3,164 $7,068 $473 $2,029
2008 $3,900 $7,154 $465 $1,942
2007 $3,763 $6,990 $385 $1,809
2006 $3,455 $6,921 $340 $1,718
2005 $3,378 $6,652 $309 $1,628
2004 $3,097 $6,463 $279.6 $1,542
2003 $2,656 $6,033 $246.4 $1,453
2002 $2,137 $5,914 $238.9 $1,390
2001 $1,945 $5,699 $240.8 $1,388
2000 $1,996 $5,521 $223.8 $1,317
1999 $2,328 $5,552 $208.6 $1,234
1998 $2,010 $5,090 $205.1 $1,187
1997 $2,574 $5,031 $211.8 $1,162
1996 $2,648 $5,109 $198.8 $1,110
1995 $2,467 $4,818 $197.8 $1,058
1994 $2,297 $4,627 $187.3 $1,026
1993 $2,070 $4,334 $172.8 $952
1992 $1,951 $4,172 $165 $920
1991 $1,775 $3,873 $195.7 $889
1990 $1,729 $3,882 $185.8 $830
1989 $1,543 - $185 -
1988 $1,463 - $187.1 -
1987 $1,569 - $162 -
1986 $1,745 - $159.5 -
1985 $1,577 - $149.9 -
1984 $1,667 - $151.1 -
1983 $1,628 - $146.6 -
1982 $1,773 - $147 -
1981 $1,879 - $142.9 -
1980 $1,873 - $125.1 -
1979 $1,627 - $121.9 -
1978 $1,355 - $108.1 -
1977 $1,204 - $95.3 -
1976 $1,186 - $102.5 -
1975 $1,188 - $113.6 -
1974 $984 - $89.8 -
1973 $762 - $73.2 -
1972 $575 - $78.8 -
1971 $458 - $69.5 -
1970 $414 - $69.6 -
1969 $350 - $64.8 -
1968 $327 - $64.9 -
1967 $326 - $72.3 -
1966 $310 - $79.5 -
1965 $311 - $65.8 -
1964 $306 - $45.3 -
1963 $291.4 - $46.3 -
1962 $285.5 - $54.6 -
1961 $280.3 - $51.6 -
1960 $277.4 - $50.2 -

Data sources: World Bank | Economy & Growth (1960–2024, retrieved 2026-04-06).

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

Fiji's GDP per capita is $6,426, ranking 108/197, compared to $1,447 in Nepal, ranking 164/197. Adjusted for purchasing power (GDP per capita PPP), Fiji ranks 113th at $15,450, while Nepal ranks 155th at $5,737.

Economic indicators

Fiji Nepal
Gross domestic product
$5.97B
2024
$42.9B
2024
GDP rank
161/197
2024
101/197
2024
GDP growth
3.53%
2023-2024
3.67%
2023-2024
GDP per capita
$6,426
2024
$1,447
2024
GDP per capita rank
108/197
2024
164/197
2024
GDP per capita, PPP
$15,450
2024
$5,737
2024
GDP per capita PPP rank
113/197
2024
155/197
2024
Government debt
$4.54B
2024
$20.7B
2024
Debt-to-GDP ratio
76.2%
2024
48.3%
2024
Government debt per person
$4,893
2024
$700
2024
Government debt per person rank
80/185
2024
154/185
2024
Average annual personal income after taxes
$6,964
2026
$2,170
2026
Number of billionaires n/a
2
2025
Income share by richest 10%
24.2%
2019
24.2%
2022
Income share by poorest 10%
3.5%
2019
3.7%
2022
Government expenditure, % of GDP
29.7%
2024
22.1%
2024
Consumer prices inflation
4.51%
2023-2024
4.69%
2023-2024
Central bank interest rate
0.25%
2020
n/a
Unemployment rate
5.36%
2024
10.7%
2017
Population
938628
29596762

Spending and national debt comparison by year

Fiji
Spending

Debt
Nepal
Spending

Debt
1x
Year % of GDP
Fiji Nepal
Government spending Government debt Government spending Government debt
2024 29.7% 76.2% 22.1% 48.3%
2023 28.8% 79.1% 25.1% 47%
2022 30.9% 83.3% 26.1% 42.7%
2021 36.7% 89% 27.2% 43.3%
2020 36.2% 72.9% 28.5% 43.3%
2019 30.8% 49.7% 27.1% 34%
2018 31.8% 44.8% 28% 31.1%
2017 27.3% 42.2% 23.6% 25%
2016 31.4% 43.6% 19% 25%
2015 29.8% 43% 17.7% 25.7%
2014 29.1% 44.5% 16.6% 27.6%
2013 25.1% 45.8% 15.5% 31.9%
2012 25.5% 47.7% 16.8% 34.5%
2011 25.3% 48.6% 16.3% 32.4%
2010 24.8% 51.8% 16.5% 35.4%
2009 26.2% 51.5% 17% 39.5%
2008 22.6% 47.5% 13.4% 36.8%
2007 23.3% 46% 13.1% 37.9%
2006 24.8% 49.2% 11.2% 42.9%
2005 23.3% 44% 12% 45.1%
2004 24% 44.5% 11.8% 51.3%
2003 25.8% 44.9% 12% 53%
2002 27.4% 43.4% 13% 51.8%
2001 26.4% 41% 12.9% 50.8%
2000 24.8% 36.9% 11.4% 50.8%
1999 23.2% 32.7% - -
1998 26.8% 36.6% - -
1997 29.1% 54.1% - -
1996 26.4% 48.8% - -
1995 23.2% 48.4% - -
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/nepal | CC BY

In 2024, Fiji's government spending was $1.77B, accounting for 29.7% of its GDP, while Nepal spent $9.5B, or 22.1% of GDP.

Debt-to-GDP ratio is 76.2% in Fiji and 48.3% in Nepal, ranking 47/185 and 112/185, respectively.

Government deficit by year

Deficit/surplus
Fiji

Nepal
1x
Year Deficit/surplus, % of GDP
Fiji Nepal
2024 -3.36% -2.76%
2023 -6.82% -5.81%
2022 -11.2% -3.12%
2021 -14.6% -3.98%
2020 -9.24% -7.47%
2019 -3.67% -4.27%
2018 -4.72% -5.83%
2017 -2.22% -2.69%
2016 -5.58% 1.2%
2015 -3.8% 0.46%
2014 -3.36% 1.36%
2013 -0.08% 1.57%
2012 -0.67% -1.18%
2011 -0.69% -0.72%
2010 -1.26% -0.67%
2009 -2.76% -2.24%
2008 1.54% -0.29%
2007 0.35% -0.67%
2006 -0.74% 0.24%
2005 -1.14% 0.24%
2004 -0.95% -0.14%
2003 -3.34% -0.34%
2002 -3.58% -2.46%
2001 -4.4% -2.35%
2000 -1.37% -1.48%
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/nepal | 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 Nepal's deficit of $1.19B, or 2.76% of GDP.

Over the past 25 years, Fiji recorded a fiscal deficit in 23 of those years, while Nepal ran a deficit in 19 years. On average, Fiji posted an annual deficit equal to 3.51% of GDP, compared to deficit of 1.74% of GDP for Nepal.

Inflation comparison by year

Inflation
Fiji

Nepal
1x
Year Consumer prices inflation
Fiji Nepal
2024 4.51% 4.69%
2023 2.34% 7.12%
2022 4.32% 7.67%
2021 0.16% 4.13%
2020 -2.6% 5.06%
2019 1.77% 5.57%
2018 4.08% 4.41%
2017 3.35% 2.78%
2016 3.86% 8.79%
2015 1.37% 7.87%
2014 0.52% 8.36%
2013 2.91% 9.04%
2012 3.42% 9.46%
2011 7.28% 9.23%
2010 3.69% 9.33%
2009 3.13% 11.1%
2008 7.73% 9.91%
2007 4.8% 2.27%
2006 2.49% 6.92%
2005 2.37% 6.84%
2004 2.83% 2.84%
2003 4.17% 5.71%
2002 0.76% 3.03%
2001 4.27% 2.69%
2000 1.09% 2.48%
1999 1.97% 7.45%
1998 5.71% 11.2%
1997 3.37% 4.01%

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

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

Over the past 28 years, Fiji has recorded an average annual inflation rate of 3.06%, compared with 6.43% in Nepal. In 2024, inflation was 4.51% in Fiji and 4.69% in Nepal.

Top exports between countries

Fiji
Export category Export value
Miscellaneous $25K
Machinery & equipment $1K
Nepal
Export category Export value
Textiles & consumer goods $60K
Machinery & equipment $9K

Balance of trade

Fiji Nepal
Current account balance
-$866M
2022
$1.68B
2024
Current account balance ranking
120/190
2022
50/190
2024
Current account balance, % of GDP
-17.4%
2022
+3.91%
2024
Goods imports
$2.68B
2022
$12.1B
2024
Goods exports
$1.05B
2022
$1.54B
2024
Service imports
$754M
2022
$2.27B
2024
Service exports
$1.33B
2022
$1.9B
2024
Imports of goods and services, % of GDP
69.2%
2023
32.9%
2024
Exports of goods and services, % of GDP
57%
2023
7.62%
2024

Economic freedom indices

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

Fiji Nepal
Economic freedom 59.5 52.9
Economic freedom ranking 103/197 144/197
Property rights 59.9 38.8
Government integrity 55.4 38.9
Judicial effectiveness 53.2 42.9
Tax burden 87.8 84.3
Government spending 70 82.1
Fiscal health 7.5 71
Business freedom 69.5 60.8
Labor freedom 66.9 48.2
Monetary freedom 72.4 69.4
Trade freedom 66.6 58.6
Investment freedom 55 10
Financial freedom 50 30

Economic freedom comparison by year

Fiji
Nepal
1x
Year Economic freedom index
Fiji Nepal
2026 59.5 52.9
2025 59.1 52.5
2024 58 52.1
2023 58 51.4
2022 56.4 49.7
2021 62.2 50.7
2020 63.4 54.2
2019 62.2 53.8
2018 62 54.1
2017 63.4 55.1
2016 58.8 50.9
2015 59 51.3
2014 58.7 50.1
2013 57.2 50.4
2012 57.3 50.2
2011 60.4 50.1
2010 60.3 52.7
2009 61 53.2
2008 61.8 54.1
2007 60.8 54.4
2006 58.4 53.7
2005 58.2 51.4
2004 58 51.2
2003 54.7 51.5
2002 53.9 52.3
2001 53.7 51.6
2000 57.8 51.3
1999 58.4 53.1
1998 58.2 53.5
1997 58 53.6
1996 57.4 50.3
1995 54.7 -

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

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

The Economic Freedom Index for Fiji is 59.5, ranking 103/197, compared to 52.9 for Nepal, ranking 144/197. The chart above displays a comparison of annual changes in economic freedom indexes.

Other economic metrics

Fiji Nepal
Services, % of GDP
54.6%
2024
55.2%
2024
Industry, % of GDP
16.5%
2024
11.4%
2024
Agriculture, forestry, and fishing, % of GDP
13.2%
2024
21.9%
2024
GNI, Atlas method
$5.4B
2024
$43.7B
2024
GNI per capita, PPP
$14,490
2024
$5,830
2024
Total reserves including gold
$1.6B
2024
$12.5B
2023
Total reserves ranking
133/177
2024
74/177
2023
Net foreign direct investment
-$86.9M
2022
-$56.9M
2024
Net inflows of foreign direct investment
$204M
2024
$56.9M
2024
Net outflows of foreign direct investment
$25.6M
2024
$0
2024
Servicing debt to the IMF, % of GNI
4.36%
2024
1.23%
2024
Poverty at national poverty lines
31%
2020
20.3%
2022
Gross capital formation, % of GDP
19.7%
2023
30.4%
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/nepal | 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 (2020–2022, 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.