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Economy of Fiji vs North Macedonia compared: GDP & Debt

Updated on by Georank

Fiji has a GDP of $6.2B compared to $19.1B for North Macedonia, ranking 161/197 and 137/197 by economy size, respectively.

Fiji has $4.88B in government debt (78.7% of GDP), compared to $10B (52.5% of GDP) in North Macedonia.

Fiji vs North Macedonia GDP by year

Fiji
North Macedonia
1x
Year GDP, current $
Fiji North Macedonia
2025 $6,198,013,062 $19,101,199,817
2024 $5,968,125,909 $16,951,682,221
2023 $5,476,673,518 $15,855,131,189
2022 $4,977,861,886 $13,932,436,550
2021 $4,158,873,156 $14,000,283,827
2020 $4,227,719,873 $12,361,036,914
2019 $5,344,907,153 $12,606,338,449
2018 $5,581,425,327 $12,683,068,114
2017 $5,353,469,174 $11,307,067,070
2016 $4,930,213,644 $10,672,467,073
2015 $4,682,479,894 $10,064,519,963
2014 $4,857,104,769 $11,362,265,253
2013 $4,189,967,999 $10,817,702,346
2012 $3,972,028,104 $9,745,261,301
2011 $3,779,411,899 $10,494,626,768
2010 $3,140,166,713 $9,407,170,321
2009 $2,870,624,636 $9,401,736,825
2008 $3,523,185,920 $9,909,552,435
2007 $3,378,314,600 $8,336,474,974
2006 $3,076,305,453 $6,861,226,972
2005 $2,980,403,845 $6,258,602,873
2004 $2,708,078,477 $5,682,784,472
2003 $2,300,492,465 $4,946,296,599
2002 $1,833,279,985 $4,018,365,747
2001 $1,652,462,023 $3,709,636,031
2000 $1,678,219,508 $3,772,859,034
1999 $1,936,459,986 $3,863,619,285
1998 $1,653,146,717 $3,765,745,023
1997 $2,090,221,137 $3,912,986,091
1996 $2,128,696,644 $4,642,021,256
1995 $1,970,301,486 $4,707,041,315
1994 $1,825,732,093 $3,559,608,640
1993 $1,636,101,247 $2,682,456,897
1992 $1,532,411,039 $2,436,849,342
1991 $1,383,883,250 $4,938,775,510
1990 $1,337,017,559 $4,699,646,643
1989 $1,182,660,266 -
1988 $1,110,009,523 -
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 (1960–2025, retrieved 2026-07-08).

GeoRank.org/economy/fiji/north-macedonia | CC BY

GDP per capita in Fiji vs North Macedonia by year

Fiji
GDP per capita

GDP per capita, PPP
North Macedonia
GDP per capita

GDP per capita, PPP
1x
Year Current $
Fiji North Macedonia
GDP per capita GDP per capita, PPP GDP per capita GDP per capita, PPP
2025 $6,642 - $10,490 -
2024 $6,426 $15,450 $9,292 $26,995
2023 $5,926 $14,644 $8,674 $25,354
2022 $5,414 $12,982 $7,606 $24,212
2021 $4,537 $10,322 $7,621 $22,144
2020 $4,621 $10,716 $6,660 $19,962
2019 $5,842 $12,978 $6,719 $20,223
2018 $6,085 $12,984 $6,714 $18,460
2017 $5,827 $12,585 $5,955 $17,161
2016 $5,364 $11,766 $5,598 $16,458
2015 $5,098 $11,519 $5,263 $15,034
2014 $5,293 $10,516 $5,925 $14,485
2013 $4,572 $8,842 $5,626 $13,663
2012 $4,341 $8,204 $5,050 $12,726
2011 $4,140 $7,672 $5,417 $12,421
2010 $3,449 $7,339 $4,833 $11,992
2009 $3,164 $7,068 $4,800 $11,532
2008 $3,900 $7,154 $5,026 $10,924
2007 $3,763 $6,990 $4,204 $9,639
2006 $3,455 $6,921 $3,440 $8,888
2005 $3,378 $6,652 $3,121 $7,972
2004 $3,097 $6,463 $2,819 $7,229
2003 $2,656 $6,033 $2,445 $6,608
2002 $2,137 $5,914 $1,989 $6,395
2001 $1,945 $5,699 $1,823 $6,051
2000 $1,996 $5,521 $1,862 $6,154
1999 $2,328 $5,552 $1,915 $5,724
1998 $2,010 $5,090 $1,876 $5,448
1997 $2,574 $5,031 $1,960 $5,227
1996 $2,648 $5,109 $2,307 $5,026
1995 $2,467 $4,818 $2,355 $4,912
1994 $2,297 $4,627 $1,786 $4,880
1993 $2,070 $4,334 $1,337 $4,829
1992 $1,951 $4,172 $1,199 $5,033
1991 $1,775 $3,873 $2,402 $5,207
1990 $1,729 $3,882 $2,277 $5,348
1989 $1,543 - - -
1988 $1,463 - - -
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 (1960–2025, retrieved 2026-07-08).

GeoRank.org/economy/fiji/north-macedonia | CC BY

Fiji's GDP per capita is $6,642, ranking 106/197, compared to $10,490 in North Macedonia, ranking 86/197. Adjusted for purchasing power (GDP per capita PPP), Fiji ranks 113th at $15,450, while North Macedonia ranks 78th at $26,995.

Economic indicators

Fiji North Macedonia
Gross domestic product
$6.2B
2025
$19.1B
2025
GDP rank
161/197
2025
137/197
2025
GDP growth
3.2%
2024-2025
3.49%
2024-2025
GDP per capita
$6,642
2025
$10,490
2025
GDP per capita rank
106/197
2025
86/197
2025
GDP per capita, PPP
$15,450
2024
$26,995
2024
GDP per capita PPP rank
113/197
2024
78/197
2024
Government debt
$4.88B
2025
$10B
2025
Debt-to-GDP ratio
78.7%
2025
52.5%
2025
Government debt per person
$5,227
2025
$5,510
2025
Government debt per person rank
82/185
2025
78/185
2025
Average annual personal income after taxes
$4,553
2026
$9,326
2026
Income share by richest 10%
24.2%
2019
22.9%
2019
Income share by poorest 10%
3.5%
2019
1.9%
2019
Government expenditure, % of GDP
31.5%
2025
36.2%
2025
Consumer prices inflation
-1.38%
2024-2025
4.1%
2024-2025
Central bank interest rate
0.25%
2020
5.35%
2025
Unemployment rate
5.36%
2024
11.5%
2025
Population
939479
1811466

Spending and national debt comparison by year

Fiji
Spending

Debt
North Macedonia
Spending

Debt
1x
Year % of GDP
Fiji North Macedonia
Government spending Government debt Government spending Government debt
2025 31.5% 78.7% 36.2% 52.5%
2024 30.8% 79.1% 36.1% 52.9%
2023 30.2% 82.9% 35.3% 50.5%
2022 33.9% 91.5% 35% 50.4%
2021 35.8% 86.7% 35.3% 52.7%
2020 32.7% 65.8% 36.4% 50.8%
2019 30.7% 49.5% 31.4% 40.4%
2018 32.5% 45.8% 30.3% 40.4%
2017 28.1% 43.4% 31.8% 39.4%
2016 32.1% 44.6% 31.1% 39.7%
2015 30.6% 44.3% 32.2% 38%
2014 30.2% 46.2% 31.7% 38%
2013 25.9% 47.4% 31.7% 34%
2012 26% 48.6% 33.3% 33.7%
2011 26.5% 51% 31.9% 27.7%
2010 25.5% 53.4% 32.5% 24.3%
2009 26.2% 51.5% 33.6% 23.7%
2008 22.8% 47.9% 33.8% 20.6%
2007 23.5% 46.4% 31.4% 23.5%
2006 25.4% 50.3% 31.5% 30.6%
2005 24% 45.3% 32.5% 36.7%
2004 24.7% 45.9% 34.1% 34.6%
2003 26.7% 46.4% 36% 36.5%
2002 28.1% 44.5% 38.2% 40.5%
2001 27% 41.9% 37.4% 45.2%
2000 24.2% 35.9% 32% 45.6%
1999 24.6% 34.7% 32.5% 29.8%
1998 27.7% 37.9% 32.2% 33.1%
1997 29.2% 54.4% 32.3% 29.3%
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); International Monetary Fund (IMF) | Public Finances in Modern History (1997–1998, retrieved 2026-07-08).

GeoRank.org/economy/fiji/north-macedonia | CC BY

In 2025, Fiji's government spending was $1.95B, accounting for 31.5% of its GDP, while North Macedonia spent $6.91B, or 36.2% of GDP.

Debt-to-GDP ratio is 78.7% in Fiji and 52.5% in North Macedonia, ranking 45/185 and 97/185, respectively.

Government deficit by year

Deficit/surplus
Fiji

North Macedonia
1x
Year Deficit/surplus, % of GDP
Fiji North Macedonia
2025 -2.46% -4.01%
2024 -3.44% -4.38%
2023 -7.15% -4.59%
2022 -12.3% -5.23%
2021 -14.2% -5.32%
2020 -8.34% -8.05%
2019 -3.65% -1.97%
2018 -4.82% -1.76%
2017 -2.28% -2.73%
2016 -5.7% -2.7%
2015 -3.91% -3.48%
2014 -3.48% -4.19%
2013 -0.08% -3.84%
2012 -0.68% -3.81%
2011 -0.72% -2.47%
2010 -1.29% -2.41%
2009 -2.76% -2.63%
2008 1.56% -0.93%
2007 0.36% 0.58%
2006 -0.76% -0.51%
2005 -1.18% 0.21%
2004 -0.98% 0.37%
2003 -3.46% -0.07%
2002 -3.68% -5.24%
2001 -4.5% -5.88%
2000 -1.33% 2.37%
1999 1.17% 0.03%
1998 5.4% -1.59%
1997 -4.5% -0.35%
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/north-macedonia | 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 North Macedonia's deficit of $766M, or 4.01% of GDP.

Over the past 29 years, Fiji recorded a fiscal deficit in 25 of those years, while North Macedonia ran a deficit in 24 years. On average, Fiji posted an annual deficit equal to 3.08% of GDP, compared to deficit of 2.57% of GDP for North Macedonia.

Inflation comparison by year

Inflation
Fiji

North Macedonia
1x
Year Consumer prices inflation
Fiji North Macedonia
2025 -1.38% 4.1%
2024 3.89% 3.5%
2023 2.98% 9.4%
2022 6.08% 14.2%
2021 1.53% 3.2%
2020 -1.7% 1.2%
2019 1.79% 0.8%
2018 4.08% 1.5%
2017 3.35% 1.4%
2016 3.86% -0.2%
2015 1.37% -0.2%
2014 0.52% -0.3%
2013 2.91% 2.8%
2012 3.42% 3.3%
2011 7.28% 3.9%
2010 3.69% 1.5%
2009 3.13% -0.8%
2008 7.73% 7.2%
2007 4.8% 2.8%
2006 2.49% 3.3%
2005 2.37% 0%
2004 2.83% -0.4%
2003 4.17% 1.1%
2002 0.76% 1.7%
2001 4.27% 5.1%
2000 1.09% 6.6%
1999 1.97% -1.3%
1998 5.71% 0.5%
1997 3.37% 1.3%

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/north-macedonia | CC BY

Over the past 29 years, Fiji has recorded an average annual inflation rate of 3.05%, compared with 2.66% in North Macedonia. In 2025, inflation was -1.38% in Fiji and 4.1% in North Macedonia.

Top exports between countries

Fiji
Export category Export value
Miscellaneous $34K
Machinery & equipment $2K
Textiles & consumer goods $2K
North Macedonia
Export category Export value

Balance of trade

Fiji North Macedonia
Current account balance
-$464M
2024
-$815M
2025
Current account balance ranking
104/190
2024
112/190
2025
Current account balance, % of GDP
-7.78%
2024
-4.27%
2025
Goods imports
$2.86B
2024
$11.7B
2025
Goods exports
$1.13B
2024
$7.87B
2025
Service imports
$996M
2024
$2.4B
2025
Service exports
$2.12B
2024
$3.55B
2025
Imports of goods and services, % of GDP
64.6%
2024
73.4%
2025
Exports of goods and services, % of GDP
54.4%
2024
59.6%
2025

Economic freedom indices

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

Fiji North Macedonia
Economic freedom 59.5 63.3
Economic freedom ranking 103/197 81/197
Property rights 59.9 56.2
Government integrity 55.4 43.2
Judicial effectiveness 53.2 49.5
Tax burden 87.8 94.9
Government spending 70 61.7
Fiscal health 7.5 57.7
Business freedom 69.5 72.2
Labor freedom 66.9 51.4
Monetary freedom 72.4 69.6
Trade freedom 66.6 77.8
Investment freedom 55 65
Financial freedom 50 60

Economic freedom comparison by year

Fiji
North Macedonia
1x
Year Economic freedom index
Fiji North Macedonia
2026 59.5 63.3
2025 59.1 63.2
2024 58 61.4
2023 58 63.7
2022 56.4 65.7
2021 62.2 68.6
2020 63.4 69.5
2019 62.2 71.1
2018 62 71.3
2017 63.4 70.7
2016 58.8 67.5
2015 59 67.1
2014 58.7 68.6
2013 57.2 68.2
2012 57.3 68.5
2011 60.4 66
2010 60.3 65.7
2009 61 61.2
2008 61.8 61.1
2007 60.8 60.6
2006 58.4 59.2
2005 58.2 56.1
2004 58 56.8
2003 54.7 60.1
2002 53.9 58
2001 53.7 -
2000 57.8 -
1999 58.4 -
1998 58.2 -
1997 58 -
1996 57.4 -
1995 54.7 -

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

GeoRank.org/economy/fiji/north-macedonia | CC BY

The Economic Freedom Index for Fiji is 59.5, ranking 103/197, compared to 63.3 for North Macedonia, ranking 81/197. The chart above displays a comparison of annual changes in economic freedom indexes.

Other economic metrics

Fiji North Macedonia
Services, % of GDP
57%
2025
57%
2025
Industry, % of GDP
13.9%
2025
24.1%
2025
Agriculture, forestry, and fishing, % of GDP
14%
2025
5.98%
2025
GNI, Atlas method
$5.81B
2025
$17.3B
2025
GNI per capita, PPP
$15,360
2025
$26,680
2025
Total reserves including gold
$1.66B
2025
$5.8B
2025
Total reserves ranking
130/177
2025
98/177
2025
Net foreign direct investment
-$178M
2024
-$276M
2025
Net inflows of foreign direct investment
$204M
2024
$1.06B
2024
Net outflows of foreign direct investment
$25.6M
2024
-$64.9M
2024
Servicing debt to the IMF, % of GNI
4.36%
2024
9.59%
2024
Poverty at national poverty lines
31%
2020
21.9%
2023
Gross capital formation, % of GDP
20.9%
2024
31.7%
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/north-macedonia | 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. TradeMap (2023, retrieved 2026-07-08)
  6. International Monetary Fund (IMF) | Public Finances in Modern History (1997–1998, retrieved 2026-07-08)
  7. United Nations | World Population Prospects (2026, retrieved 2026-07-08)
  8. LivingCost (2026, retrieved 2026-07-08)
  9. 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.