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Economy of Fiji vs South Africa compared: GDP & Debt

Updated on by Georank

Fiji has a GDP of $6.2B compared to $427B for South Africa, ranking 161/197 and 40/197 by economy size, respectively.

Fiji has $4.88B in government debt (78.7% of GDP), compared to $336B (78.6% of GDP) in South Africa.

Fiji vs South Africa GDP by year

Fiji
South Africa
1x
Year GDP, current $
Fiji South Africa
2025 $6,198,013,062 $427,184,325,997
2024 $5,968,125,909 $401,144,998,374
2023 $5,476,673,518 $381,440,724,491
2022 $4,977,861,886 $407,596,043,068
2021 $4,158,873,156 $419,986,284,375
2020 $4,227,719,873 $337,974,655,408
2019 $5,344,907,153 $389,330,032,224
2018 $5,581,425,327 $405,260,723,893
2017 $5,353,469,174 $381,448,814,653
2016 $4,930,213,644 $323,585,509,674
2015 $4,682,479,894 $346,709,790,459
2014 $4,857,104,769 $381,198,869,776
2013 $4,189,967,999 $400,886,013,596
2012 $3,972,028,104 $434,400,545,086
2011 $3,779,411,899 $458,199,494,831
2010 $3,140,166,713 $417,363,822,802
2009 $2,870,624,636 $329,754,060,647
2008 $3,523,185,920 $316,131,258,616
2007 $3,378,314,600 $333,077,117,254
2006 $3,076,305,453 $303,858,675,364
2005 $2,980,403,845 $288,867,217,197
2004 $2,708,078,477 $255,806,908,595
2003 $2,300,492,465 $197,018,965,309
2002 $1,833,279,985 $129,087,556,612
2001 $1,652,462,023 $135,429,905,923
2000 $1,678,219,508 $151,752,757,215
1999 $1,936,459,986 $151,516,957,079
1998 $1,653,146,717 $152,982,984,557
1997 $2,090,221,137 $168,978,057,328
1996 $2,128,696,644 $163,234,925,381
1995 $1,970,301,486 $171,735,933,897
1994 $1,825,732,093 $153,512,712,382
1993 $1,636,101,247 $147,194,747,566
1992 $1,532,411,039 $146,956,150,987
1991 $1,383,883,250 $135,203,698,238
1990 $1,337,017,559 $126,048,140,142
1989 $1,182,660,266 $108,055,624,082
1988 $1,110,009,523 $103,976,831,871
1987 $1,177,947,965 $96,535,763,418
1986 $1,290,267,340 $73,354,771,399
1985 $1,141,168,944 $64,459,376,087
1984 $1,178,000,678 $84,870,163,366
1983 $1,123,085,190 $96,204,110,942
1982 $1,194,059,943 $85,904,057,409
1981 $1,235,626,771 $93,141,472,164
1980 $1,202,618,816 $89,411,864,402
1979 $1,019,691,460 $63,038,658,089
1978 $829,267,889 $51,607,412,902
1977 $719,501,766 $45,328,411,332
1976 $694,540,806 $41,150,460,288
1975 $684,282,434 $42,906,905,672
1974 $558,587,097 $41,389,186,095
1973 $425,950,488 $33,262,772,008
1972 $316,656,649 $24,515,919,217
1971 $247,749,328 $23,411,076,638
1970 $219,878,482 $21,218,391,513
1969 $182,182,068 $19,256,992,297
1968 $166,952,937 $17,124,793,150
1967 $162,625,886 $15,821,393,671
1966 $150,603,926 $14,211,394,315
1965 $147,084,750 $13,068,994,772
1964 $140,032,741 $11,955,995,218
1963 $129,454,729 $10,854,195,658
1962 $122,906,435 $9,813,996,074
1961 $116,987,785 $9,225,996,310
1960 $112,328,422 $8,748,596,501

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

GeoRank.org/economy/fiji/south-africa | CC BY

GDP per capita in Fiji vs South Africa by year

Fiji
GDP per capita

GDP per capita, PPP
South Africa
GDP per capita

GDP per capita, PPP
1x
Year Current $
Fiji South Africa
GDP per capita GDP per capita, PPP GDP per capita GDP per capita, PPP
2025 $6,642 - $6,598 -
2024 $6,426 $15,450 $6,267 $15,456
2023 $5,926 $14,644 $6,034 $15,200
2022 $5,414 $12,982 $6,534 $14,749
2021 $4,537 $10,322 $6,829 $13,682
2020 $4,621 $10,716 $5,581 $12,671
2019 $5,842 $12,978 $6,534 $13,361
2018 $6,085 $12,984 $6,914 $13,347
2017 $5,827 $12,585 $6,618 $13,738
2016 $5,364 $11,766 $5,651 $13,519
2015 $5,098 $11,519 $6,112 $13,398
2014 $5,293 $10,516 $6,857 $13,359
2013 $4,572 $8,842 $7,332 $13,369
2012 $4,341 $8,204 $8,077 $12,987
2011 $4,140 $7,672 $8,646 $13,143
2010 $3,449 $7,339 $7,973 $12,637
2009 $3,164 $7,068 $6,375 $12,261
2008 $3,900 $7,154 $6,185 $12,525
2007 $3,763 $6,990 $6,592 $12,047
2006 $3,455 $6,921 $6,077 $11,250
2005 $3,378 $6,652 $5,837 $10,441
2004 $3,097 $6,463 $5,221 $9,714
2003 $2,656 $6,033 $4,062 $9,139
2002 $2,137 $5,914 $2,688 $8,792
2001 $1,945 $5,699 $2,847 $8,428
2000 $1,996 $5,521 $3,218 $8,095
1999 $2,328 $5,552 $3,242 $7,667
1998 $2,010 $5,090 $3,310 $7,463
1997 $2,574 $5,031 $3,700 $7,433
1996 $2,648 $5,109 $3,618 $7,208
1995 $2,467 $4,818 $3,856 $6,875
1994 $2,297 $4,627 $3,489 $6,611
1993 $2,070 $4,334 $3,400 $6,375
1992 $1,951 $4,172 $3,462 $6,275
1991 $1,775 $3,873 $3,243 $6,383
1990 $1,729 $3,882 $3,093 $6,382
1989 $1,543 - $2,727 -
1988 $1,463 - $2,702 -
1987 $1,569 - $2,586 -
1986 $1,745 - $2,027 -
1985 $1,577 - $1,839 -
1984 $1,667 - $2,504 -
1983 $1,628 - $2,938 -
1982 $1,773 - $2,717 -
1981 $1,879 - $3,050 -
1980 $1,873 - $3,029 -
1979 $1,627 - $2,202 -
1978 $1,355 - $1,852 -
1977 $1,204 - $1,671 -
1976 $1,186 - $1,559 -
1975 $1,188 - $1,670 -
1974 $984 - $1,656 -
1973 $762 - $1,369 -
1972 $575 - $1,038 -
1971 $458 - $1,020 -
1970 $414 - $952 -
1969 $350 - $891 -
1968 $327 - $817 -
1967 $326 - $779 -
1966 $310 - $722 -
1965 $311 - $685 -
1964 $306 - $646 -
1963 $291.4 - $605 -
1962 $285.5 - $563 -
1961 $280.3 - $546 -
1960 $277.4 - $532 -

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

GeoRank.org/economy/fiji/south-africa | CC BY

Fiji's GDP per capita is $6,642, ranking 106/197, compared to $6,598 in South Africa, ranking 109/197. Adjusted for purchasing power (GDP per capita PPP), Fiji ranks 113th at $15,450, while South Africa ranks 112th at $15,456.

Economic indicators

Fiji South Africa
Gross domestic product
$6.2B
2025
$427B
2025
GDP rank
161/197
2025
40/197
2025
GDP growth
3.2%
2024-2025
1.11%
2024-2025
GDP per capita
$6,642
2025
$6,598
2025
GDP per capita rank
106/197
2025
109/197
2025
GDP per capita, PPP
$15,450
2024
$15,456
2024
GDP per capita PPP rank
113/197
2024
112/197
2024
Government debt
$4.88B
2025
$336B
2025
Debt-to-GDP ratio
78.7%
2025
78.6%
2025
Government debt per person
$5,227
2025
$5,189
2025
Government debt per person rank
82/185
2025
84/185
2025
Average annual personal income after taxes
$4,553
2026
$4,738
2026
Market capitalization of domestic companies n/a
$1.4T
2025
Number of millionaires n/a
97,000
2026
Number of billionaires n/a
7
2026
Income share by richest 10%
24.2%
2019
42.1%
2022
Income share by poorest 10%
3.5%
2019
1.4%
2022
Government expenditure, % of GDP
31.5%
2025
34.2%
2025
Consumer prices inflation
-1.38%
2024-2025
3.21%
2024-2025
Central bank interest rate
0.25%
2020
7%
2026
Unemployment rate
5.36%
2024
32.3%
2024
Population
939479
65829368

Spending and national debt comparison by year

Fiji
Spending

Debt
South Africa
Spending

Debt
1x
Year % of GDP
Fiji South Africa
Government spending Government debt Government spending Government debt
2025 31.5% 78.7% 34.2% 78.6%
2024 30.8% 79.1% 33% 76%
2023 30.2% 82.9% 32.5% 73.2%
2022 33.9% 91.5% 31.9% 70.7%
2021 35.8% 86.7% 32.7% 68.8%
2020 32.7% 65.8% 34.6% 68.9%
2019 30.7% 49.5% 31.4% 56.1%
2018 32.5% 45.8% 30.2% 51.5%
2017 28.1% 43.4% 29.9% 48.6%
2016 32.1% 44.6% 29.9% 47.1%
2015 30.6% 44.3% 30.2% 45.2%
2014 30.2% 46.2% 29.3% 43.3%
2013 25.9% 47.4% 28.9% 40.4%
2012 26% 48.6% 28.6% 37.4%
2011 26.5% 51% 28.1% 34.7%
2010 25.5% 53.4% 28.3% 31.2%
2009 26.2% 51.5% 28.5% 27%
2008 22.8% 47.9% 26% 24%
2007 23.5% 46.4% 24.4% 24.3%
2006 25.4% 50.3% 24.7% 28%
2005 24% 45.3% 25.1% 29.6%
2004 24.7% 45.9% 22.7% 30.7%
2003 26.7% 46.4% 22.6% 31.5%
2002 28.1% 44.5% 22.2% 31.8%
2001 27% 41.9% 22.6% 38%
2000 24.2% 35.9% 22.6% 37.9%
1999 24.6% 34.7% 26.7% 45.9%
1998 27.7% 37.9% 27.1% 45.8%
1997 29.2% 54.4% 27.9% 45.8%
1996 27.2% 50.3% 28.5% 44.3%
1995 23.5% 49.1% 27.2% 47%
1994 24.9% 48.8% 31.3% 46.4%
1993 26.7% 45.9% 29.1% 39.8%
1992 27.1% 44.3% 29.8% 34.8%
1991 - - 27.8% 34.7%
1990 - - 28.7% 31.8%
1989 - - 29.6% 33.3%
1988 - - 23.9% 30.6%
1987 - - 28% 33.5%
1986 - - 27.8% 32.5%
1985 - - 26.8% 26.3%
1984 - - 25.2% 23.2%
1983 - - 25.1% 28.7%
1982 - - 23.8% 31.3%
1981 - - 23.3% 27.4%
1980 - - 21.8% 33.3%
1979 - - 26.5% 41.9%
1978 - - 26.8% 44.7%
1977 - - 27.3% 45.3%
1976 - - 23% 35%
1975 - - 21.2% 32.8%
1974 - - 19.1% 33.7%
1973 - - 21% 38.2%
1972 - - 22.9% 41.1%
1971 - - 19.9% 41.1%
1970 - - 20% 43.3%
1969 - - 18.8% 44.4%
1968 - - 19.4% 42.7%
1967 - - 18.8% 41.1%
1966 - - 18.3% 41.4%
1965 - - 18.2% 42.7%
1964 - - 11.3% 30%
1963 - - 15.9% 43.4%
1962 - - 15.9% 45.7%
1961 - - 15.7% 52.8%
1960 - - 16.7% 52.9%

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/south-africa | CC BY

In 2025, Fiji's government spending was $1.95B, accounting for 31.5% of its GDP, while South Africa spent $146B, or 34.2% of GDP.

Debt-to-GDP ratio is 78.7% in Fiji and 78.6% in South Africa, ranking 45/185 and 46/185, respectively.

Government deficit by year

Deficit/surplus
Fiji

South Africa
1x
Year Deficit/surplus, % of GDP
Fiji South Africa
2025 -2.46% -5.78%
2024 -3.44% -5.67%
2023 -7.15% -5.6%
2022 -12.3% -4.25%
2021 -14.2% -5.54%
2020 -8.34% -9.62%
2019 -3.65% -5.07%
2018 -4.82% -3.73%
2017 -2.28% -4.02%
2016 -5.7% -3.72%
2015 -3.91% -4.37%
2014 -3.48% -3.93%
2013 -0.08% -3.9%
2012 -0.68% -4.04%
2011 -0.72% -3.7%
2010 -1.29% -4.51%
2009 -2.76% -4.67%
2008 1.56% -0.49%
2007 0.36% 1.22%
2006 -0.76% 0.81%
2005 -1.18% -0.1%
2004 -0.98% -1.04%
2003 -3.46% -1.59%
2002 -3.68% -0.96%
2001 -4.5% -1.02%
2000 -1.33% -1.38%
1999 1.17% -2.21%
1998 5.4% -2.56%
1997 -4.5% -4.08%
1996 -3.46% -4.53%
1995 0.78% -4.38%
1994 -0.2% -8.09%
1993 -1.9% -8.54%
1992 -2.25% -7.09%
1991 - -4.85%
1990 - -3.82%
1989 - -8.3%
1988 - -3.29%
1987 - -6.36%
1986 - -5.69%
1985 - -4.86%
1984 - -5.24%
1983 - -5.3%
1982 - -3.88%
1981 - -3.72%
1980 - -1.91%
1979 - -4.65%
1978 - -5.42%
1977 - -5.52%
1976 - -4.19%
1975 - -2.62%
1974 - -1.5%
1973 - -4.54%
1972 - -5.39%
1971 - -1.96%
1970 - -3.19%
1969 - -3.94%
1968 - -3.38%
1967 - -3.8%
1966 - -3.04%
1965 - -3.15%
1964 - -1.19%
1963 - -2.26%
1962 - -1.4%
1961 - -3.25%
1960 - -2.36%
1959 - -4.4%
1958 - -3.5%
1957 - -2.8%
1956 - -2.12%
1955 - -2.9%
1954 - -2.53%
1953 - -3.72%
1952 - -4.14%
1951 - -0.4%
1950 - -2.33%
1949 - -6.87%
1948 - -6.03%
1947 - -1.82%
1946 - -4.03%
1945 - -7.41%
1944 - -8.94%
1943 - -8.49%
1942 - -9.08%
1941 - -7.3%
1940 - -10.9%
1939 - -2.96%
1938 - -3.91%
1937 - -2.16%
1936 - -2.58%
1935 - -3.2%
1934 - -3.29%
1933 - -3.31%
1932 - -4.72%
1931 - -5.31%
1930 - -5.19%
1929 - -4.41%
1928 - -3.29%
1927 - -3.79%
1926 - -4.76%
1925 - -4.92%
1924 - -4.72%
1923 - -5.53%
1922 - -4.51%
1921 - -5.38%
1920 - -5.52%
1919 - -2.6%
1918 - -3.7%
1917 - -3.52%
1916 - -2.57%
1915 - -10.7%
1914 - -11.6%
1913 - -4.15%

Data sources: International Monetary Fund (IMF) | Public Finances in Modern History (1913–1999, retrieved 2026-07-08); International Monetary Fund (IMF) | Fiscal Monitor (1992–2025, retrieved 2026-07-08).

GeoRank.org/economy/fiji/south-africa | 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 South Africa's deficit of $24.7B, or 5.78% of GDP.

Over the past 34 years, Fiji recorded a fiscal deficit in 29 of those years, while South Africa ran a deficit in 32 years. On average, Fiji posted an annual deficit equal to 2.83% of GDP, compared to deficit of 3.77% of GDP for South Africa.

Inflation comparison by year

Inflation
Fiji

South Africa
1x
Year Consumer prices inflation
Fiji South Africa
2025 -1.38% 3.21%
2024 3.89% 4.36%
2023 2.98% 6.08%
2022 6.08% 7.04%
2021 1.53% 4.62%
2020 -1.7% 3.23%
2019 1.79% 4.1%
2018 4.08% 4.51%
2017 3.35% 5.19%
2016 3.86% 6.6%
2015 1.37% 4.52%
2014 0.52% 6.13%
2013 2.91% 5.78%
2012 3.42% 5.74%
2011 7.28% 5%
2010 3.69% 4.07%
2009 3.13% 7.24%
2008 7.73% 9.91%
2007 4.8% 6.18%
2006 2.49% 3.24%
2005 2.37% 2.06%
2004 2.83% -0.69%
2003 4.17% 5.68%
2002 0.76% 9.49%
2001 4.27% 5.7%
2000 1.09% 5.34%
1999 1.97% 5.18%
1998 5.71% 6.88%
1997 3.37% 8.6%

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

GeoRank.org/economy/fiji/south-africa | CC BY

Over the past 29 years, Fiji has recorded an average annual inflation rate of 3.05%, compared with 5.34% in South Africa. In 2025, inflation was -1.38% in Fiji and 3.21% in South Africa.

Top exports between countries

Fiji
Export category Export value
Precious metals & jewellery $676K
Chemicals & pharma $270K
Processed food, beverages & tobacco $264K
Animal & marine products $14K
Miscellaneous $9K
Raw materials & minerals $8K
Textiles & consumer goods $3K
Machinery & equipment $2K
South Africa
Export category Export value
Raw materials & minerals $1.26M
Chemicals & pharma $452K
Processed food, beverages & tobacco $289K
Raw agricultural goods $232K
Animal & marine products $186K
Machinery & equipment $152K
Textiles & consumer goods $119K
Metals $95K
Wood & paper products $10K
Miscellaneous $2K

Balance of trade

Fiji South Africa
Current account balance
-$464M
2024
-$1.81B
2025
Current account balance ranking
104/190
2024
135/190
2025
Current account balance, % of GDP
-7.78%
2024
-0.42%
2025
Goods imports
$2.86B
2024
$104B
2025
Goods exports
$1.13B
2024
$116B
2025
Service imports
$996M
2024
$21.8B
2025
Service exports
$2.12B
2024
$18.1B
2025
Imports of goods and services, % of GDP
64.6%
2024
29.5%
2025
Exports of goods and services, % of GDP
54.4%
2024
31.4%
2025

Economic freedom indices

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

Fiji South Africa
Economic freedom 59.5 58.6
Economic freedom ranking 103/197 110/197
Property rights 59.9 48.8
Government integrity 55.4 46.7
Judicial effectiveness 53.2 64.6
Tax burden 87.8 65.4
Government spending 70 68.4
Fiscal health 7.5 45.3
Business freedom 69.5 67.9
Labor freedom 66.9 70.8
Monetary freedom 72.4 75.8
Trade freedom 66.6 68.8
Investment freedom 55 40
Financial freedom 50 40

Economic freedom comparison by year

Fiji
South Africa
1x
Year Economic freedom index
Fiji South Africa
2026 59.5 58.6
2025 59.1 57.3
2024 58 55.3
2023 58 55.7
2022 56.4 56.2
2021 62.2 59.7
2020 63.4 58.8
2019 62.2 58.3
2018 62 63
2017 63.4 62.3
2016 58.8 61.9
2015 59 62.6
2014 58.7 62.5
2013 57.2 61.8
2012 57.3 62.7
2011 60.4 62.7
2010 60.3 62.8
2009 61 63.8
2008 61.8 63.4
2007 60.8 63.5
2006 58.4 63.7
2005 58.2 62.9
2004 58 66.3
2003 54.7 67.1
2002 53.9 64
2001 53.7 63.8
2000 57.8 63.7
1999 58.4 63.3
1998 58.2 64.3
1997 58 63.2
1996 57.4 62.5
1995 54.7 60.7

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

GeoRank.org/economy/fiji/south-africa | CC BY

The Economic Freedom Index for Fiji is 59.5, ranking 103/197, compared to 58.6 for South Africa, ranking 110/197. The chart above displays a comparison of annual changes in economic freedom indexes.

Other economic metrics

Fiji South Africa
Services, % of GDP
57%
2025
63.1%
2025
Industry, % of GDP
13.9%
2025
24.1%
2025
Agriculture, forestry, and fishing, % of GDP
14%
2025
2.83%
2025
GNI, Atlas method
$5.81B
2025
$406B
2025
GNI per capita, PPP
$15,360
2025
$15,600
2025
Total reserves including gold
$1.66B
2025
$76B
2025
Total reserves ranking
130/177
2025
35/177
2025
Net foreign direct investment
-$178M
2024
-$1.85B
2025
Net inflows of foreign direct investment
$204M
2024
$2.33B
2024
Net outflows of foreign direct investment
$25.6M
2024
-$1.26B
2024
Servicing debt to the IMF, % of GNI
4.36%
2024
5.74%
2024
Poverty at national poverty lines
31%
2020
37.9%
2022
Gross capital formation, % of GDP
20.9%
2024
13.9%
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/south-africa | 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 (1913–1999, 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 (2020–2025, 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.