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Economy of Fiji vs Peru compared: GDP & Debt

Updated on by Georank

Fiji has a GDP of $6.2B compared to $335B for Peru, ranking 161/197 and 47/197 by economy size, respectively.

Fiji has $4.88B in government debt (78.7% of GDP), compared to $101B (30.2% of GDP) in Peru.

Fiji vs Peru GDP by year

Fiji
Peru
1x
Year GDP, current $
Fiji Peru
2025 $6,198,013,062 $334,854,659,182
2024 $5,968,125,909 $291,751,523,019
2023 $5,476,673,518 $268,025,009,709
2022 $4,977,861,886 $246,169,867,863
2021 $4,158,873,156 $226,406,075,009
2020 $4,227,719,873 $201,409,694,756
2019 $5,344,907,153 $228,346,006,004
2018 $5,581,425,327 $222,597,009,739
2017 $5,353,469,174 $211,007,984,081
2016 $4,930,213,644 $191,898,104,390
2015 $4,682,479,894 $189,802,976,286
2014 $4,857,104,769 $200,786,250,583
2013 $4,189,967,999 $201,175,543,571
2012 $3,972,028,104 $192,650,021,649
2011 $3,779,411,899 $171,761,737,047
2010 $3,140,166,713 $147,527,631,521
2009 $2,870,624,636 $120,822,986,521
2008 $3,523,185,920 $120,550,599,815
2007 $3,378,314,600 $102,170,981,144
2006 $3,076,305,453 $88,643,193,062
2005 $2,980,403,845 $76,060,606,061
2004 $2,708,078,477 $66,768,703,498
2003 $2,300,492,465 $58,731,030,122
2002 $1,833,279,985 $54,777,553,515
2001 $1,652,462,023 $52,030,158,775
2000 $1,678,219,508 $51,744,749,133
1999 $1,936,459,986 $50,187,324,568
1998 $1,653,146,717 $55,501,467,877
1997 $2,090,221,137 $58,147,522,523
1996 $2,128,696,644 $55,252,414,130
1995 $1,970,301,486 $53,312,793,687
1994 $1,825,732,093 $44,882,079,767
1993 $1,636,101,247 $34,832,077,221
1992 $1,532,411,039 $35,966,302,303
1991 $1,383,883,250 $34,341,465,998
1990 $1,337,017,559 $26,410,386,963
1989 $1,182,660,266 $22,499,558,526
1988 $1,110,009,523 $15,439,408,447
1987 $1,177,947,965 $36,889,706,593
1986 $1,290,267,340 $21,859,448,586
1985 $1,141,168,944 $15,078,736,875
1984 $1,178,000,678 $17,600,400,385
1983 $1,123,085,190 $17,345,260,564
1982 $1,194,059,943 $21,794,535,621
1981 $1,235,626,771 $21,648,214,893
1980 $1,202,618,816 $18,136,838,538
1979 $1,019,691,460 $15,954,012,439
1978 $829,267,889 $12,491,876,743
1977 $719,501,766 $14,544,913,961
1976 $694,540,806 $16,131,958,851
1975 $684,282,434 $16,931,162,355
1974 $558,587,097 $13,858,441,211
1973 $425,950,488 $10,994,381,895
1972 $316,656,649 $9,189,413,409
1971 $247,749,328 $8,289,582,884
1970 $219,878,482 $7,432,223,177
1969 $182,182,068 $6,420,909,790
1968 $166,952,937 $5,736,083,835
1967 $162,625,886 $6,194,340,080
1966 $150,603,926 $6,109,048,737
1965 $147,084,750 $5,163,008,077
1964 $140,032,741 $4,353,664,867
1963 $129,454,729 $3,598,272,493
1962 $122,906,435 $3,284,322,201
1961 $116,987,785 $2,897,852,693
1960 $112,328,422 $2,571,986,572

Data sources: World Bank | Economy & Growth (1960–2025, retrieved 2026-07-08).

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

GDP per capita in Fiji vs Peru by year

Fiji
GDP per capita

GDP per capita, PPP
Peru
GDP per capita

GDP per capita, PPP
1x
Year Current $
Fiji Peru
GDP per capita GDP per capita, PPP GDP per capita GDP per capita, PPP
2025 $6,642 - $9,684 -
2024 $6,426 $15,450 $8,526 $17,802
2023 $5,926 $14,644 $7,919 $17,011
2022 $5,414 $12,982 $7,354 $16,669
2021 $4,537 $10,322 $6,829 $15,281
2020 $4,621 $10,716 $6,133 $12,563
2019 $5,842 $12,978 $7,037 $13,564
2018 $6,085 $12,984 $6,978 $13,078
2017 $5,827 $12,585 $6,736 $12,592
2016 $5,364 $11,766 $6,217 $12,067
2015 $5,098 $11,519 $6,232 $11,600
2014 $5,293 $10,516 $6,667 $11,518
2013 $4,572 $8,842 $6,747 $11,291
2012 $4,341 $8,204 $6,519 $10,757
2011 $4,140 $7,672 $5,861 $10,463
2010 $3,449 $7,339 $5,072 $9,713
2009 $3,164 $7,068 $4,181 $8,917
2008 $3,900 $7,154 $4,198 $8,820
2007 $3,763 $6,990 $3,581 $7,982
2006 $3,455 $6,921 $3,130 $7,214
2005 $3,378 $6,652 $2,707 $6,560
2004 $3,097 $6,463 $2,397 $6,038
2003 $2,656 $6,033 $2,129 $5,657
2002 $2,137 $5,914 $2,007 $5,383
2001 $1,945 $5,699 $1,930 $5,086
2000 $1,996 $5,521 $1,945 $5,012
1999 $2,328 $5,552 $1,917 $4,847
1998 $2,010 $5,090 $2,156 $4,791
1997 $2,574 $5,031 $2,301 $4,844
1996 $2,648 $5,109 $2,227 $4,556
1995 $2,467 $4,818 $2,190 $4,435
1994 $2,297 $4,627 $1,879 $4,123
1993 $2,070 $4,334 $1,488 $3,666
1992 $1,951 $4,172 $1,567 $3,472
1991 $1,775 $3,873 $1,527 $3,484
1990 $1,729 $3,882 $1,200 $3,367
1989 $1,543 - $1,045 -
1988 $1,463 - $733 -
1987 $1,569 - $1,792 -
1986 $1,745 - $1,087 -
1985 $1,577 - $767 -
1984 $1,667 - $918 -
1983 $1,628 - $927 -
1982 $1,773 - $1,194 -
1981 $1,879 - $1,216 -
1980 $1,873 - $1,045 -
1979 $1,627 - $942 -
1978 $1,355 - $756 -
1977 $1,204 - $903 -
1976 $1,186 - $1,026 -
1975 $1,188 - $1,104 -
1974 $984 - $927 -
1973 $762 - $754 -
1972 $575 - $647 -
1971 $458 - $599 -
1970 $414 - $550 -
1969 $350 - $488 -
1968 $327 - $448 -
1967 $326 - $498 -
1966 $310 - $505 -
1965 $311 - $439 -
1964 $306 - $381 -
1963 $291.4 - $324 -
1962 $285.5 - $305 -
1961 $280.3 - $276.6 -
1960 $277.4 - $252.8 -

Data sources: World Bank | Economy & Growth (1960–2025, retrieved 2026-07-08).

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

Fiji's GDP per capita is $6,642, ranking 106/197, compared to $9,684 in Peru, ranking 90/197. Adjusted for purchasing power (GDP per capita PPP), Fiji ranks 113th at $15,450, while Peru ranks 104th at $17,802.

Economic indicators

Fiji Peru
Gross domestic product
$6.2B
2025
$335B
2025
GDP rank
161/197
2025
47/197
2025
GDP growth
3.2%
2024-2025
3.43%
2024-2025
GDP per capita
$6,642
2025
$9,684
2025
GDP per capita rank
106/197
2025
90/197
2025
GDP per capita, PPP
$15,450
2024
$17,802
2024
GDP per capita PPP rank
113/197
2024
104/197
2024
Government debt
$4.88B
2025
$101B
2025
Debt-to-GDP ratio
78.7%
2025
30.2%
2025
Government debt per person
$5,227
2025
$2,927
2025
Government debt per person rank
82/185
2025
107/185
2025
Average annual personal income after taxes
$4,553
2026
$7,143
2026
Market capitalization of domestic companies n/a
$105B
2025
Income share by richest 10%
24.2%
2019
30.3%
2024
Income share by poorest 10%
3.5%
2019
2%
2024
Government expenditure, % of GDP
31.5%
2025
21.4%
2025
Consumer prices inflation
-1.38%
2024-2025
1.53%
2024-2025
Central bank interest rate
0.25%
2020
4.25%
2025
Unemployment rate
5.36%
2024
4.32%
2025
Population
939479
35105331

Spending and national debt comparison by year

Fiji
Spending

Debt
Peru
Spending

Debt
1x
Year % of GDP
Fiji Peru
Government spending Government debt Government spending Government debt
2025 31.5% 78.7% 21.4% 30.2%
2024 30.8% 79.1% 22.2% 32.1%
2023 30.2% 82.9% 22.1% 32.4%
2022 33.9% 91.5% 23.1% 33.5%
2021 35.8% 86.7% 23.1% 35.5%
2020 32.7% 65.8% 25.7% 34.3%
2019 30.7% 49.5% 20.8% 26.5%
2018 32.5% 45.8% 21% 25.7%
2017 28.1% 43.4% 20.6% 24.8%
2016 32.1% 44.6% 20.5% 23.9%
2015 30.6% 44.3% 22% 23.7%
2014 30.2% 46.2% 22.4% 20.5%
2013 25.9% 47.4% 21.5% 19.9%
2012 26% 48.6% 20.3% 20.7%
2011 26.5% 51% 19.8% 23.1%
2010 25.5% 53.4% 21% 25.1%
2009 26.2% 51.5% 21.3% 28.2%
2008 22.8% 47.9% 19.9% 28.1%
2007 23.5% 46.4% 18.6% 31.9%
2006 25.4% 50.3% 19.2% 34.9%
2005 24% 45.3% 20.4% 40.4%
2004 24.7% 45.9% 19.6% 46.7%
2003 26.7% 46.4% 20.1% 49.4%
2002 28.1% 44.5% 19.6% 45.5%
2001 27% 41.9% 20.9% 43.8%
2000 24.2% 35.9% 21.7% 44.9%
1999 24.6% 34.7% 17.8% 41.1%
1998 27.7% 37.9% 16.3% 36.8%
1997 29.2% 54.4% 15.6% 34.5%
1996 27.2% 50.3% 16.5% 37.4%
1995 23.5% 49.1% 17.5% 36.8%
1994 24.9% 48.8% 16.9% 41.9%
1993 26.7% 45.9% 18.2% 49.9%
1992 27.1% 44.3% 19.1% 46.8%
1991 - - 15.7% 48.3%
1990 - - 20.4% 56.3%
1989 - - 12.1% 34.9%
1988 - - 12.8% 42.8%
1987 - - 15.5% 39.1%
1986 - - 16.6% 48.6%
1985 - - 17.2% 63.4%
1984 - - 18.3% 56.7%
1983 - - 19.4% 56.2%
1982 - - 17.6% 34.2%
1981 - - 18.4% 30.6%
1980 - - 19.3% 36.3%
1979 - - 16.4% 45.9%
1978 - - 19% 56%
1977 - - 19.4% 44.8%
1976 - - 21.1% 34.5%
1975 - - 19.8% 27%
1974 - - 17.7% 24%
1973 - - 19.5% 22.6%
1972 - - 15.3% 20.6%
1971 - - 15% 19%
1970 - - 14.3% 20%
1969 - - 16.4% -
1968 - - 18.4% 15.2%
1967 - - 19.1% 12.1%
1966 - - 18.6% 17%
1965 - - 18.7% 14.5%
1964 - - 16.9% 14.1%
1963 - - 16.2% -
1962 - - 14.6% -
1961 - - 14.8% 16%
1960 - - 13.3% -

Data sources: International Monetary Fund (IMF) | Fiscal Monitor (1992–2025, retrieved 2026-07-08); International Monetary Fund (IMF) | Public Finances in Modern History (1960–1999, retrieved 2026-07-08).

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

In 2025, Fiji's government spending was $1.95B, accounting for 31.5% of its GDP, while Peru spent $71.7B, or 21.4% of GDP.

Debt-to-GDP ratio is 78.7% in Fiji and 30.2% in Peru, ranking 45/185 and 154/185, respectively.

Government deficit by year

Deficit/surplus
Fiji

Peru
1x
Year Deficit/surplus, % of GDP
Fiji Peru
2025 -2.46% -2.36%
2024 -3.44% -3.53%
2023 -7.15% -2.74%
2022 -12.3% -1.38%
2021 -14.2% -2.49%
2020 -8.34% -8.19%
2019 -3.65% -1.37%
2018 -4.82% -1.94%
2017 -2.28% -2.79%
2016 -5.7% -2.12%
2015 -3.91% -2.02%
2014 -3.48% -0.19%
2013 -0.08% 0.75%
2012 -0.68% 2.07%
2011 -0.72% 2.05%
2010 -1.29% -0.02%
2009 -2.76% -1.48%
2008 1.56% 2.48%
2007 0.36% 3.35%
2006 -0.76% 2.03%
2005 -1.18% -0.44%
2004 -0.98% -1.03%
2003 -3.46% -1.62%
2002 -3.68% -1.4%
2001 -4.5% -2.15%
2000 -1.33% -2.12%
1999 1.17% -2.93%
1998 5.4% -0.2%
1997 -4.5% 0.47%
1996 -3.46% -0.25%
1995 0.78% -2.05%
1994 -0.2% -1.9%
1993 -1.9% -2.82%
1992 -2.25% -3.55%
1991 - -1.98%
1990 - -7.99%
1989 - -1.3%
1988 - -3.57%
1987 - -6.26%
1986 - -4.08%
1985 - -2.41%
1984 - -4.45%
1983 - -7.52%
1982 - -3.22%
1981 - -3.98%
1980 - -2.36%
1979 - -0.54%
1978 - -5.07%
1977 - -6.52%
1976 - -8.37%
1975 - -6.54%
1974 - -4.47%
1973 - -6.68%
1972 - -2.04%
1971 - -1.89%
1970 - -0.42%
1969 - -1.1%
1968 - -3.28%
1967 - -3.76%
1966 - -5.41%
1965 - -4.79%
1964 - -3.37%
1963 - -1.86%
1962 - 2.16%
1961 - 2.46%
1960 - 3.32%
1959 - -1.46%
1958 - -2.63%
1957 - -2.23%
1956 - -0.93%
1955 - 0.06%
1954 - -0.66%
1953 - -2.35%
1952 - 0.04%
1951 - 0.61%
1950 - 0.08%
1949 - 0.26%
1948 - -0.84%
1947 - -0.54%
1946 - -1.39%
1945 - 0%
1944 - 0%
1943 - 0.18%
1942 - -2.38%
1941 - -1.76%
1940 - 0.27%
1939 - -1.01%
1938 - -1.57%
1937 - 0.18%
1936 - 0.18%
1935 - 0.09%
1934 - 0.11%
1933 - 0.02%
1932 - -0.57%
1931 - -0.28%
1930 - -0.67%
1929 - 0.008%
1928 - -1.88%
1927 - 0%
1926 - -1.84%
1925 - -1.69%
1924 - -1.31%
1923 - -0.85%
1922 - -1.24%
1921 - -1.53%
1920 - -0.4%
1919 - -0.26%
1918 - -0.34%
1917 - -0.25%
1916 - 0.27%
1915 - -0.74%
1914 - -1.59%
1913 - -3.04%
1912 - -0.45%
1911 - 0.32%
1910 - 0.16%
1909 - -0.33%
1908 - -0.18%
1907 - 0.18%
1906 - 0.38%
1905 - 0.2%
1904 - 0.22%
1903 - 0.24%
1902 - 0.26%
1901 - 0.26%
1900 - 0%

Data sources: International Monetary Fund (IMF) | Public Finances in Modern History (1900–1999, retrieved 2026-07-08); International Monetary Fund (IMF) | Fiscal Monitor (1992–2025, retrieved 2026-07-08).

GeoRank.org/economy/fiji/peru | 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 Peru's deficit of $7.9B, or 2.36% of GDP.

Over the past 34 years, Fiji recorded a fiscal deficit in 29 of those years, while Peru ran a deficit in 27 years. On average, Fiji posted an annual deficit equal to 2.83% of GDP, compared to deficit of 1.23% of GDP for Peru.

Inflation comparison by year

Inflation
Fiji

Peru
1x
Year Consumer prices inflation
Fiji Peru
2025 -1.38% 1.53%
2024 3.89% 2.01%
2023 2.98% 6.46%
2022 6.08% 8.33%
2021 1.53% 4.27%
2020 -1.7% 2%
2019 1.79% 2.25%
2018 4.08% 1.51%
2017 3.35% 2.99%
2016 3.86% 3.56%
2015 1.37% 3.4%
2014 0.52% 3.41%
2013 2.91% 2.77%
2012 3.42% 3.61%
2011 7.28% 3.37%
2010 3.69% 1.53%
2009 3.13% 2.94%
2008 7.73% 5.79%
2007 4.8% 1.78%
2006 2.49% 2%
2005 2.37% 1.62%
2004 2.83% 3.66%
2003 4.17% 2.26%
2002 0.76% 0.19%
2001 4.27% 1.98%
2000 1.09% 3.76%
1999 1.97% 3.47%
1998 5.71% 7.25%
1997 3.37% 8.56%

Data sources: World Bank | Economy & Growth (1997–2025, retrieved 2026-07-08).

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

Over the past 29 years, Fiji has recorded an average annual inflation rate of 3.05%, compared with 3.39% in Peru. In 2025, inflation was -1.38% in Fiji and 1.53% in Peru.

Top exports between countries

Fiji
Export category Export value
Miscellaneous $3K
Wood & paper products $3K
Machinery & equipment $1K
Peru
Export category Export value
Chemicals & pharma $24K
Machinery & equipment $2K

Balance of trade

Fiji Peru
Current account balance
-$464M
2024
$12B
2025
Current account balance ranking
104/190
2024
23/190
2025
Current account balance, % of GDP
-7.78%
2024
+3.58%
2025
Goods imports
$2.86B
2024
$58.6B
2025
Goods exports
$1.13B
2024
$94B
2025
Service imports
$996M
2024
$15.9B
2025
Service exports
$2.12B
2024
$7.64B
2025
Imports of goods and services, % of GDP
64.6%
2024
21.8%
2025
Exports of goods and services, % of GDP
54.4%
2024
30%
2025

Economic freedom indices

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

Fiji Peru
Economic freedom 59.5 66.3
Economic freedom ranking 103/197 62/197
Property rights 59.9 44
Government integrity 55.4 35
Judicial effectiveness 53.2 47.8
Tax burden 87.8 79.4
Government spending 70 84.8
Fiscal health 7.5 87.4
Business freedom 69.5 73.1
Labor freedom 66.9 64.7
Monetary freedom 72.4 77.6
Trade freedom 66.6 81.6
Investment freedom 55 60
Financial freedom 50 60

Economic freedom comparison by year

Fiji
Peru
1x
Year Economic freedom index
Fiji Peru
2026 59.5 66.3
2025 59.1 65.9
2024 58 64.8
2023 58 66.5
2022 56.4 66.5
2021 62.2 67.7
2020 63.4 67.9
2019 62.2 67.8
2018 62 68.7
2017 63.4 68.9
2016 58.8 67.4
2015 59 67.7
2014 58.7 67.4
2013 57.2 68.2
2012 57.3 68.7
2011 60.4 68.6
2010 60.3 67.6
2009 61 64.6
2008 61.8 63.8
2007 60.8 62.7
2006 58.4 60.5
2005 58.2 61.3
2004 58 64.7
2003 54.7 64.6
2002 53.9 64.8
2001 53.7 69.6
2000 57.8 68.7
1999 58.4 69.2
1998 58.2 65
1997 58 63.8
1996 57.4 62.5
1995 54.7 56.9

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

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

The Economic Freedom Index for Fiji is 59.5, ranking 103/197, compared to 66.3 for Peru, ranking 62/197. The chart above displays a comparison of annual changes in economic freedom indexes.

Other economic metrics

Fiji Peru
Services, % of GDP
57%
2025
50.9%
2024
Industry, % of GDP
13.9%
2025
34.3%
2024
Agriculture, forestry, and fishing, % of GDP
14%
2025
7.47%
2024
GNI, Atlas method
$5.81B
2025
$291B
2025
GNI per capita, PPP
$15,360
2025
$17,540
2025
Total reserves including gold
$1.66B
2025
$90.4B
2025
Total reserves ranking
130/177
2025
32/177
2025
Net foreign direct investment
-$178M
2024
-$8.93B
2025
Net inflows of foreign direct investment
$204M
2024
$6.7B
2024
Net outflows of foreign direct investment
$25.6M
2024
$1.14B
2024
Servicing debt to the IMF, % of GNI
4.36%
2024
5.54%
2024
Poverty at national poverty lines
31%
2020
27.6%
2024
Gross capital formation, % of GDP
20.9%
2024
20.3%
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/peru | CC BY

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Data sources:

  1. World Bank | Economy & Growth (1960–2025, retrieved 2026-07-08)
  2. International Monetary Fund (IMF) | Public Finances in Modern History (1900–1999, retrieved 2026-07-08)
  3. International Monetary Fund (IMF) | Fiscal Monitor (1992–2025, retrieved 2026-07-08)
  4. The Heritage Foundation | Economic Freedom Index (1995–2026, retrieved 2026-07-08)
  5. U.S. Census Bureau (1985–2025, retrieved 2026-07-08)
  6. TradeMap (2023–2025, 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)

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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.