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Economy of Fiji vs Russia compared: GDP & Debt

Updated on by Georank

Fiji has a GDP of $6.2B compared to $2.56T for Russia, ranking 161/197 and 8/197 by economy size, respectively.

Fiji has $4.88B in government debt (78.7% of GDP), compared to $440B (17.2% of GDP) in Russia.

Fiji vs Russia GDP by year

Fiji
Russia
1x
Year GDP, current $
Fiji Russia
2025 $6,198,013,062 $2,561,310,169,359
2024 $5,968,125,909 $2,186,462,268,813
2023 $5,476,673,518 $2,046,284,838,151
2022 $4,977,861,886 $2,292,495,097,681
2021 $4,158,873,156 $1,829,186,719,575
2020 $4,227,719,873 $1,493,075,894,362
2019 $5,344,907,153 $1,693,115,002,708
2018 $5,581,425,327 $1,657,328,773,461
2017 $5,353,469,174 $1,574,199,360,089
2016 $4,930,213,644 $1,276,786,350,881
2015 $4,682,479,894 $1,363,482,182,198
2014 $4,857,104,769 $2,059,241,589,895
2013 $4,189,967,999 $2,292,470,078,346
2012 $3,972,028,104 $2,208,293,553,878
2011 $3,779,411,899 $2,045,922,753,398
2010 $3,140,166,713 $1,524,916,715,224
2009 $2,870,624,636 $1,222,645,900,056
2008 $3,523,185,920 $1,660,848,058,303
2007 $3,378,314,600 $1,299,703,478,482
2006 $3,076,305,453 $989,932,071,353
2005 $2,980,403,845 $764,015,973,481
2004 $2,708,078,477 $591,016,690,732
2003 $2,300,492,465 $430,347,420,185
2002 $1,833,279,985 $345,470,494,418
2001 $1,652,462,023 $306,602,070,621
2000 $1,678,219,508 $259,710,142,197
1999 $1,936,459,986 $195,907,128,351
1998 $1,653,146,717 $270,955,486,862
1997 $2,090,221,137 $404,928,954,192
1996 $2,128,696,644 $391,724,890,744
1995 $1,970,301,486 $395,537,185,735
1994 $1,825,732,093 $395,077,301,248
1993 $1,636,101,247 $435,083,713,851
1992 $1,532,411,039 $460,290,556,901
1991 $1,383,883,250 $517,962,962,963
1990 $1,337,017,559 $517,014,446,228
1989 $1,182,660,266 $506,631,299,735
1988 $1,110,009,523 $554,828,660,436
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/russia | CC BY

GDP per capita in Fiji vs Russia by year

Fiji
GDP per capita

GDP per capita, PPP
Russia
GDP per capita

GDP per capita, PPP
1x
Year Current $
Fiji Russia
GDP per capita GDP per capita, PPP GDP per capita GDP per capita, PPP
2025 $6,642 - $17,847 -
2024 $6,426 $15,450 $15,219 $47,362
2023 $5,926 $14,644 $14,227 $44,269
2022 $5,414 $12,982 $15,894 $40,939
2021 $4,537 $10,322 $12,637 $38,638
2020 $4,621 $10,716 $10,280 $31,491
2019 $5,842 $12,978 $11,640 $30,964
2018 $6,085 $12,984 $11,399 $28,629
2017 $5,827 $12,585 $10,835 $25,778
2016 $5,364 $11,766 $8,804 $24,012
2015 $5,098 $11,519 $9,427 $23,994
2014 $5,293 $10,516 $14,277 $25,688
2013 $4,572 $8,842 $15,941 $26,020
2012 $4,341 $8,204 $15,402 $24,274
2011 $4,140 $7,672 $14,305 $22,790
2010 $3,449 $7,339 $10,675 $20,490
2009 $3,164 $7,068 $8,563 $19,390
2008 $3,900 $7,154 $11,635 $20,164
2007 $3,763 $6,990 $9,101 $16,648
2006 $3,455 $6,921 $6,920 $14,912
2005 $3,378 $6,652 $5,323 $11,822
2004 $3,097 $6,463 $4,102 $10,227
2003 $2,656 $6,033 $2,975 $9,255
2002 $2,137 $5,914 $2,378 $8,037
2001 $1,945 $5,699 $2,100 $7,361
2000 $1,996 $5,521 $1,772 $6,825
1999 $2,328 $5,552 $1,331 $5,914
1998 $2,010 $5,090 $1,835 $5,465
1997 $2,574 $5,031 $2,738 $5,700
1996 $2,648 $5,109 $2,644 $5,518
1995 $2,467 $4,818 $2,666 $5,613
1994 $2,297 $4,627 $2,662 $5,734
1993 $2,070 $4,334 $2,931 $6,420
1992 $1,951 $4,172 $3,099 $6,862
1991 $1,775 $3,873 $3,490 $7,858
1990 $1,729 $3,882 $3,494 $8,028
1989 $1,543 - $3,430 -
1988 $1,463 - $3,778 -
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/russia | CC BY

Fiji's GDP per capita is $6,642, ranking 106/197, compared to $17,847 in Russia, ranking 68/197. Adjusted for purchasing power (GDP per capita PPP), Fiji ranks 113th at $15,450, while Russia ranks 50th at $47,362.

Economic indicators

Fiji Russia
Gross domestic product
$6.2B
2025
$2.56T
2025
GDP rank
161/197
2025
8/197
2025
GDP growth
3.2%
2024-2025
1%
2024-2025
GDP per capita
$6,642
2025
$17,847
2025
GDP per capita rank
106/197
2025
68/197
2025
GDP per capita, PPP
$15,450
2024
$47,362
2024
GDP per capita PPP rank
113/197
2024
50/197
2024
Government debt
$4.88B
2025
$440B
2025
Debt-to-GDP ratio
78.7%
2025
17.2%
2025
Government debt per person
$5,227
2025
$3,068
2025
Government debt per person rank
82/185
2025
105/185
2025
Average annual personal income after taxes
$4,553
2026
$11,183
2026
Market capitalization of domestic companies n/a
$650B
2023
Number of millionaires n/a
447,000
2026
Number of billionaires n/a
147
2026
Income share by richest 10%
24.2%
2019
25.1%
2023
Income share by poorest 10%
3.5%
2019
3.1%
2023
Government expenditure, % of GDP
31.5%
2025
39.1%
2025
Consumer prices inflation
-1.38%
2024-2025
8.7%
2024-2025
Central bank interest rate
0.25%
2020
14.5%
2026
Unemployment rate
5.36%
2024
2.13%
2025
Population
939479
142643173

Spending and national debt comparison by year

Fiji
Spending

Debt
Russia
Spending

Debt
1x
Year % of GDP
Fiji Russia
Government spending Government debt Government spending Government debt
2025 31.5% 78.7% 39.1% 17.2%
2024 30.8% 79.1% 36.7% 14.8%
2023 30.2% 82.9% 36.1% 15.2%
2022 33.9% 91.5% 35.1% 15.1%
2021 35.8% 86.7% 34.9% 16.5%
2020 32.7% 65.8% 39.2% 19.2%
2019 30.7% 49.5% 33.8% 13.7%
2018 32.5% 45.8% 32.6% 13.6%
2017 28.1% 43.4% 34.8% 14.3%
2016 32.1% 44.6% 36.6% 14.8%
2015 30.6% 44.3% 35.3% 15.3%
2014 30.2% 46.2% 34.9% 15.1%
2013 25.9% 47.4% 34.7% 12.3%
2012 26% 48.6% 34% 11.2%
2011 26.5% 51% 33.3% 10.3%
2010 25.5% 53.4% 35.5% 10.1%
2009 26.2% 51.5% 38.6% 9.92%
2008 22.8% 47.9% 32% 7.45%
2007 23.5% 46.4% 31.9% 8.03%
2006 25.4% 50.3% 29% 9.8%
2005 24% 45.3% 29.5% 14.9%
2004 24.7% 45.9% 29.6% 20.8%
2003 26.7% 46.4% 32.6% 28.3%
2002 28.1% 44.5% 33.8% 37.6%
2001 27% 41.9% 31.5% 44.4%
2000 24.2% 35.9% 30.7% 55.9%
1999 24.6% 34.7% 34.3% 92.4%
1998 27.7% 37.9% 39.7% 135.2%
1997 29.2% 54.4% - 51.5%
1996 27.2% 50.3% - 51.9%
1995 23.5% 49.1% - 53.7%
1994 24.9% 48.8% - 63.5%
1993 26.7% 45.9% - 92.4%
1992 27.1% 44.3% - 116%

Data sources: International Monetary Fund (IMF) | Fiscal Monitor (1992–2025, retrieved 2026-07-08); International Monetary Fund (IMF) | Public Finances in Modern History (1992–1996, retrieved 2026-07-08).

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

In 2025, Fiji's government spending was $1.95B, accounting for 31.5% of its GDP, while Russia spent $1T, or 39.1% of GDP.

Debt-to-GDP ratio is 78.7% in Fiji and 17.2% in Russia, ranking 45/185 and 175/185, respectively.

Government deficit by year

Deficit/surplus
Fiji

Russia
1x
Year Deficit/surplus, % of GDP
Fiji Russia
2025 -2.46% -3.9%
2024 -3.44% -1.59%
2023 -7.15% -2.24%
2022 -12.3% -1.34%
2021 -14.2% 0.78%
2020 -8.34% -3.99%
2019 -3.65% 1.93%
2018 -4.82% 2.92%
2017 -2.28% -1.47%
2016 -5.7% -3.67%
2015 -3.91% -3.39%
2014 -3.48% -1.07%
2013 -0.08% -1.16%
2012 -0.68% 0.38%
2011 -0.72% 1.43%
2010 -1.29% -3.19%
2009 -2.76% -5.89%
2008 1.56% 4.55%
2007 0.36% 5.59%
2006 -0.76% 7.8%
2005 -1.18% 7.6%
2004 -0.98% 4.57%
2003 -3.46% 1.35%
2002 -3.68% 0.67%
2001 -4.5% 2.99%
2000 -1.33% 3.11%
1999 1.17% -3.59%
1998 5.4% -7.42%
1997 -4.5% -
1996 -3.46% -
1995 0.78% -
1994 -0.2% -
1993 -1.9% -
1992 -2.25% -
1991 - -
1990 - -
1989 - -
1988 - -
1987 - -
1986 - -
1985 - -
1984 - -
1983 - -
1982 - -
1981 - -
1980 - -
1979 - -
1978 - -
1977 - -
1976 - -
1975 - -
1974 - -
1973 - -
1972 - -
1971 - -
1970 - -
1969 - -
1968 - -
1967 - -
1966 - -
1965 - -
1964 - -
1963 - -
1962 - -
1961 - -
1960 - -
1959 - -
1958 - -
1957 - -
1956 - -
1955 - -
1954 - -
1953 - -
1952 - -
1951 - -
1950 - -
1949 - -
1948 - -
1947 - -
1946 - -
1945 - -
1944 - -
1943 - -
1942 - -
1941 - -
1940 - 0.15%
1939 - 0.12%
1938 - 0.16%
1937 - 0.12%
1936 - 0.1%
1935 - 0.07%
1934 - 0.25%
1933 - 0.58%
1932 - 0.06%
1931 - -1.12%
1930 - -1.62%
1929 - -0.4%
1928 - -0.4%
1927 - -
1926 - -
1925 - -
1924 - -
1923 - -
1922 - -
1921 - -
1920 - -
1919 - -
1918 - -
1917 - -
1916 - -
1915 - -
1914 - -
1913 - -
1912 - 0.69%
1911 - 1.26%
1910 - 1.52%
1909 - -0.15%
1908 - -0.83%
1907 - -0.86%
1906 - -3.19%
1905 - -7.72%
1904 - -5.13%
1903 - 1.04%
1902 - -1.57%
1901 - 0.14%
1900 - -0.36%
1899 - 0.66%
1898 - 0.03%
1897 - 0.34%
1896 - 1.3%
1895 - 0.7%
1894 - 1.43%
1893 - 0.63%
1892 - -1.16%
1891 - -0.97%
1890 - 0.01%
1889 - 1.34%
1888 - 0.88%
1887 - 0.14%
1886 - -0.84%
1885 - -0.75%

Data sources: International Monetary Fund (IMF) | Fiscal Monitor (1992–2025, retrieved 2026-07-08); International Monetary Fund (IMF) | Public Finances in Modern History (1885–1940, retrieved 2026-07-08).

GeoRank.org/economy/fiji/russia | 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 Russia's deficit of $100B, or 3.9% of GDP.

Over the past 28 years, Fiji recorded a fiscal deficit in 24 of those years, while Russia ran a deficit in 14 years. On average, Fiji posted an annual deficit equal to 3.02% of GDP, compared to surplus of 0.06% of GDP for Russia.

Inflation comparison by year

Inflation
Fiji

Russia
1x
Year Consumer prices inflation
Fiji Russia
2025 -1.38% 8.7%
2024 3.89% 8.4%
2023 2.98% 5.9%
2022 6.08% 13.7%
2021 1.53% 6.7%
2020 -1.7% 3.4%
2019 1.79% 4.5%
2018 4.08% 2.9%
2017 3.35% 3.7%
2016 3.86% 7%
2015 1.37% 15.5%
2014 0.52% 7.8%
2013 2.91% 6.8%
2012 3.42% 5.1%
2011 7.28% 8.4%
2010 3.69% 6.8%
2009 3.13% 11.6%
2008 7.73% 14.1%
2007 4.8% 9%
2006 2.49% 9.7%
2005 2.37% 12.7%
2004 2.83% 10.9%
2003 4.17% 13.7%
2002 0.76% 15.8%
2001 4.27% 21.5%
2000 1.09% 20.8%
1999 1.97% 85.7%
1998 5.71% 27.7%
1997 3.37% 14.8%

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/russia | CC BY

Over the past 29 years, Fiji has recorded an average annual inflation rate of 3.05%, compared with 13.2% in Russia. In 2025, inflation was -1.38% in Fiji and 8.7% in Russia.

Top exports between countries

Fiji
Export category Export value
Miscellaneous $103K
Processed food, beverages & tobacco $14K
Russia
Export category Export value
Transport & tourism services $102K
IT & IP services $100K
Raw materials & minerals $54K
Business & finance services $17K

Balance of trade

Fiji Russia
Current account balance
-$464M
2024
$43.1B
2025
Current account balance ranking
104/190
2024
14/190
2025
Current account balance, % of GDP
-7.78%
2024
+1.68%
2025
Goods imports
$2.86B
2024
$305B
2025
Goods exports
$1.13B
2024
$422B
2025
Service imports
$996M
2024
$94.8B
2025
Service exports
$2.12B
2024
$46.3B
2025
Imports of goods and services, % of GDP
64.6%
2024
15.5%
2025
Exports of goods and services, % of GDP
54.4%
2024
18.2%
2025

Economic freedom indices

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

Fiji Russia
Economic freedom 59.5 50.3
Economic freedom ranking 103/197 161/197
Property rights 59.9 18.6
Government integrity 55.4 22.8
Judicial effectiveness 53.2 22.8
Tax burden 87.8 81.9
Government spending 70 61.3
Fiscal health 7.5 94.4
Business freedom 69.5 51.4
Labor freedom 66.9 59.1
Monetary freedom 72.4 61.8
Trade freedom 66.6 69.4
Investment freedom 55 30
Financial freedom 50 30

Economic freedom comparison by year

Fiji
Russia
1x
Year Economic freedom index
Fiji Russia
2026 59.5 50.3
2025 59.1 51.6
2024 58 52
2023 58 53.8
2022 56.4 56.1
2021 62.2 61.5
2020 63.4 61
2019 62.2 58.9
2018 62 58.2
2017 63.4 57.1
2016 58.8 50.6
2015 59 52.1
2014 58.7 51.9
2013 57.2 51.1
2012 57.3 50.5
2011 60.4 50.5
2010 60.3 50.3
2009 61 50.8
2008 61.8 49.8
2007 60.8 52.2
2006 58.4 52.4
2005 58.2 51.3
2004 58 52.8
2003 54.7 50.8
2002 53.9 48.7
2001 53.7 49.8
2000 57.8 51.8
1999 58.4 54.5
1998 58.2 52.8
1997 58 48.6
1996 57.4 51.6
1995 54.7 51.1

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

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

The Economic Freedom Index for Fiji is 59.5, ranking 103/197, compared to 50.3 for Russia, ranking 161/197. The chart above displays a comparison of annual changes in economic freedom indexes.

Other economic metrics

Fiji Russia
Services, % of GDP
57%
2025
58.9%
2025
Industry, % of GDP
13.9%
2025
29.7%
2025
Agriculture, forestry, and fishing, % of GDP
14%
2025
3.06%
2025
GNI, Atlas method
$5.81B
2025
$2.33T
2025
GNI per capita, PPP
$15,360
2025
$49,220
2025
Total reserves including gold
$1.66B
2025
$608B
2024
Total reserves ranking
130/177
2025
6/177
2024
Net foreign direct investment
-$178M
2024
-$12.4B
2025
Net inflows of foreign direct investment
$204M
2024
-$9.35B
2024
Net outflows of foreign direct investment
$25.6M
2024
-$170M
2024
Servicing debt to the IMF, % of GNI
4.36%
2024
2.63%
2024
Poverty at national poverty lines
31%
2020
7.2%
2024
Gross capital formation, % of GDP
20.9%
2024
25.9%
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/russia | CC BY

Compare countries by 7 more topics

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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. International Monetary Fund (IMF) | Public Finances in Modern History (1885–1996, retrieved 2026-07-08)
  5. U.S. Census Bureau (1985–2025, retrieved 2026-07-08)
  6. TradeMap (2016–2021, 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.