Skip to content

Economy of Fiji vs Sri Lanka compared: GDP & Debt

Updated on by Georank team

Fiji has a GDP of $5.97B compared to $99B for Sri Lanka, ranking 161/197 and 72/197 by economy size, respectively.

Fiji has $4.54B in government debt (76.2% of GDP), compared to $99.8B (100.8% of GDP) in Sri Lanka.

Fiji vs Sri Lanka GDP by year

Fiji
Sri Lanka
1x
Year GDP, current $
Fiji Sri Lanka
2024 $5,968,125,909 $98,963,185,510
2023 $5,476,673,518 $83,716,142,582
2022 $4,977,861,886 $74,143,020,263
2021 $4,158,873,156 $88,556,698,938
2020 $4,227,719,873 $84,335,574,582
2019 $5,344,907,153 $88,998,706,297
2018 $5,581,425,327 $94,450,015,983
2017 $5,353,469,174 $94,369,350,286
2016 $4,930,213,644 $88,000,211,172
2015 $4,682,479,894 $85,090,301,052
2014 $4,857,104,769 $82,531,125,191
2013 $4,189,967,999 $76,976,203,829
2012 $3,972,028,104 $70,447,217,164
2011 $3,779,411,899 $67,753,285,897
2010 $3,140,166,713 $58,636,049,434
2009 $2,870,624,636 $42,066,224,093
2008 $3,523,185,920 $40,713,826,215
2007 $3,378,314,600 $32,350,238,760
2006 $3,076,305,453 $28,267,410,543
2005 $2,980,403,845 $24,405,791,045
2004 $2,708,078,477 $20,662,525,941
2003 $2,300,492,465 $18,881,765,437
2002 $1,833,279,985 $16,536,535,647
2001 $1,652,462,023 $15,749,753,805
2000 $1,678,219,508 $16,595,882,819
1999 $1,936,459,986 $15,711,933,513
1998 $1,653,146,717 $15,760,736,956
1997 $2,090,221,137 $15,091,913,884
1996 $2,128,696,644 $13,897,738,375
1995 $1,970,301,486 $13,029,697,561
1994 $1,825,732,093 $11,717,604,209
1993 $1,636,101,247 $10,338,679,636
1992 $1,532,411,039 $9,703,011,636
1991 $1,383,883,250 $9,000,362,582
1990 $1,337,017,559 $8,032,551,173
1989 $1,182,660,266 $6,987,267,684
1988 $1,110,009,523 $6,978,371,581
1987 $1,177,947,965 $6,682,167,120
1986 $1,290,267,340 $6,405,210,564
1985 $1,141,168,944 $5,978,460,972
1984 $1,178,000,678 $6,043,474,843
1983 $1,123,085,190 $5,167,913,302
1982 $1,194,059,943 $4,768,765,017
1981 $1,235,626,771 $4,415,844,156
1980 $1,202,618,816 $4,024,621,900
1979 $1,019,691,460 $3,364,611,432
1978 $829,267,889 $2,733,183,857
1977 $719,501,766 $4,104,509,583
1976 $694,540,806 $3,591,319,857
1975 $684,282,434 $3,791,298,146
1974 $558,587,097 $3,574,586,466
1973 $425,950,488 $2,875,625,000
1972 $316,656,649 $2,553,936,348
1971 $247,749,328 $2,369,308,600
1970 $219,878,482 $2,296,470,588
1969 $182,182,068 $1,965,546,218
1968 $166,952,937 $1,801,344,538
1967 $162,625,886 $1,859,465,021
1966 $150,603,926 $1,751,470,588
1965 $147,084,750 $1,698,319,328
1964 $140,032,741 $1,309,747,899
1963 $129,454,729 $1,240,672,269
1962 $122,906,435 $1,434,156,379
1961 $116,987,785 $1,444,327,731
1960 $112,328,422 $1,409,873,950

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

GeoRank.org/economy/fiji/sri-lanka | CC BY

GDP per capita in Fiji vs Sri Lanka by year

Fiji
GDP per capita

GDP per capita, PPP
Sri Lanka
GDP per capita

GDP per capita, PPP
1x
Year Current $
Fiji Sri Lanka
GDP per capita GDP per capita, PPP GDP per capita GDP per capita, PPP
2024 $6,426 $15,450 $4,516 $15,633
2023 $5,926 $14,644 $3,799 $14,456
2022 $5,414 $12,982 $3,343 $14,194
2021 $4,537 $10,322 $3,997 $14,316
2020 $4,621 $10,716 $3,848 $12,941
2019 $5,842 $12,978 $4,082 $14,113
2018 $6,085 $12,984 $4,359 $14,178
2017 $5,827 $12,585 $4,399 $13,610
2016 $5,364 $11,766 $4,149 $13,079
2015 $5,098 $11,519 $4,058 $12,227
2014 $5,293 $10,516 $3,972 $11,721
2013 $4,572 $8,842 $3,739 $11,253
2012 $4,341 $8,204 $3,328 $10,249
2011 $4,140 $7,672 $3,225 $9,076
2010 $3,449 $7,339 $2,808 $8,234
2009 $3,164 $7,068 $2,027 $7,576
2008 $3,900 $7,154 $1,974 $7,317
2007 $3,763 $6,990 $1,579 $6,820
2006 $3,455 $6,921 $1,389 $6,261
2005 $3,378 $6,652 $1,207 $5,679
2004 $3,097 $6,463 $1,029 $5,216
2003 $2,656 $6,033 $946 $4,850
2002 $2,137 $5,914 $835 $4,522
2001 $1,945 $5,699 $804 $4,328
2000 $1,996 $5,521 $860 $4,368
1999 $2,328 $5,552 $829 $4,103
1998 $2,010 $5,090 $848 $3,952
1997 $2,574 $5,031 $827 $3,804
1996 $2,648 $5,109 $776 $3,582
1995 $2,467 $4,818 $742 $3,454
1994 $2,297 $4,627 $678 $3,260
1993 $2,070 $4,334 $607 $3,067
1992 $1,951 $4,172 $580 $2,851
1991 $1,775 $3,873 $546 $2,713
1990 $1,729 $3,882 $491 $2,527
1989 $1,543 - $430 -
1988 $1,463 - $434 -
1987 $1,569 - $420 -
1986 $1,745 - $407 -
1985 $1,577 - $385 -
1984 $1,667 - $391 -
1983 $1,628 - $336 -
1982 $1,773 - $312 -
1981 $1,879 - $292.5 -
1980 $1,873 - $271.1 -
1979 $1,627 - $230.8 -
1978 $1,355 - $191 -
1977 $1,204 - $292.1 -
1976 $1,186 - $260.3 -
1975 $1,188 - $279.8 -
1974 $984 - $268.7 -
1973 $762 - $220.2 -
1972 $575 - $199.4 -
1971 $458 - $188.8 -
1970 $414 - $186.9 -
1969 $350 - $163.6 -
1968 $327 - $153.5 -
1967 $326 - $162.3 -
1966 $310 - $156.6 -
1965 $311 - $155.6 -
1964 $306 - $122.9 -
1963 $291.4 - $119.4 -
1962 $285.5 - $141.4 -
1961 $280.3 - $145.9 -
1960 $277.4 - $145.9 -

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

GeoRank.org/economy/fiji/sri-lanka | CC BY

Fiji's GDP per capita is $6,426, ranking 108/197, compared to $4,516 in Sri Lanka, ranking 124/197. Adjusted for purchasing power (GDP per capita PPP), Fiji ranks 113th at $15,450, while Sri Lanka ranks 111th at $15,633.

Economic indicators

Fiji Sri Lanka
Gross domestic product
$5.97B
2024
$99B
2024
GDP rank
161/197
2024
72/197
2024
GDP growth
3.53%
2023-2024
5.01%
2023-2024
GDP per capita
$6,426
2024
$4,516
2024
GDP per capita rank
108/197
2024
124/197
2024
GDP per capita, PPP
$15,450
2024
$15,633
2024
GDP per capita PPP rank
113/197
2024
111/197
2024
Government debt
$4.54B
2024
$99.8B
2024
Debt-to-GDP ratio
76.2%
2024
100.8%
2024
Government debt per person
$4,893
2024
$4,554
2024
Government debt per person rank
80/185
2024
85/185
2024
Average annual personal income after taxes
$6,964
2026
$2,874
2026
Market capitalization of domestic companies n/a
$19.5B
2024
Income share by richest 10%
24.2%
2019
30.8%
2019
Income share by poorest 10%
3.5%
2019
3.1%
2019
Government expenditure, % of GDP
29.7%
2024
19.3%
2024
Consumer prices inflation
4.51%
2023-2024
-0.43%
2023-2024
Central bank interest rate
0.25%
2020
7.75%
2025
Unemployment rate
5.36%
2024
4.67%
2023
Population
938628
22185425

Spending and national debt comparison by year

Fiji
Spending

Debt
Sri Lanka
Spending

Debt
1x
Year % of GDP
Fiji Sri Lanka
Government spending Government debt Government spending Government debt
2024 29.7% 76.2% 19.3% 100.8%
2023 28.8% 79.1% 19.5% 110.4%
2022 30.9% 83.3% 18.6% 115.9%
2021 36.7% 89% 20% 102.7%
2020 36.2% 72.9% 22.1% 96.9%
2019 30.8% 49.7% 19.5% 82.6%
2018 31.8% 44.8% 17.5% 83.6%
2017 27.3% 42.2% 17.9% 72.3%
2016 31.4% 43.6% 18.2% 75%
2015 29.8% 43% 19.3% 76.3%
2014 29.1% 44.5% 17.2% 69.6%
2013 25.1% 45.8% 16.6% 69.5%
2012 25.5% 47.7% 17.3% 67.5%
2011 25.3% 48.6% 19.1% 69.4%
2010 24.8% 51.8% 19.3% 68.7%
2009 26.2% 51.5% 21% 72.8%
2008 22.6% 47.5% 19.1% 68.8%
2007 23.3% 46% 19.9% 71.8%
2006 24.8% 49.2% 20.5% 74.3%
2005 23.3% 44% 20.1% 76.6%
2004 24% 44.5% 19.3% 86.5%
2003 25.8% 44.9% 19.3% 86.5%
2002 27.4% 43.4% 20.8% 96.3%
2001 26.4% 41% 22.4% 84.4%
2000 24.8% 36.9% 21.7% 79.2%
1999 23.2% 32.7% 20.5% 77.7%
1998 26.8% 36.6% 21.4% 74.2%
1997 29.1% 54.1% 21.4% 70.1%
1996 26.4% 48.8% 23.1% 76.2%
1995 23.2% 48.4% 24.8% 77.8%
1994 24.3% 47.6% 24.1% 77.9%
1993 25.7% 44.3% 23.2% 79.2%
1992 25.8% 42.2% 23% 77.9%
1991 - - 26.4% 80.5%
1990 - - 25.4% 78.9%

Data sources: International Monetary Fund (IMF) | Fiscal Monitor (1990–2024, retrieved 2026-02-20).

GeoRank.org/economy/fiji/sri-lanka | CC BY

In 2024, Fiji's government spending was $1.77B, accounting for 29.7% of its GDP, while Sri Lanka spent $19.1B, or 19.3% of GDP.

Debt-to-GDP ratio is 76.2% in Fiji and 100.8% in Sri Lanka, ranking 47/185 and 23/185, respectively.

Government deficit by year

Deficit/surplus
Fiji

Sri Lanka
1x
Year Deficit/surplus, % of GDP
Fiji Sri Lanka
2024 -3.36% -5.64%
2023 -6.82% -8.32%
2022 -11.2% -10.2%
2021 -14.6% -11.7%
2020 -9.24% -13.4%
2019 -3.67% -7.52%
2018 -4.72% -4.96%
2017 -2.22% -5.1%
2016 -5.58% -5%
2015 -3.8% -6.64%
2014 -3.36% -5.99%
2013 -0.08% -5%
2012 -0.67% -5.44%
2011 -0.69% -6.01%
2010 -1.26% -6.73%
2009 -2.76% -8.33%
2008 1.54% -5.93%
2007 0.35% -5.81%
2006 -0.74% -5.91%
2005 -1.14% -5.93%
2004 -0.95% -6.32%
2003 -3.34% -6.15%
2002 -3.58% -6.9%
2001 -4.4% -8.48%
2000 -1.37% -7.78%
1999 1.1% -5.58%
1998 5.21% -6.79%
1997 -4.48% -5.71%
1996 -3.35% -6.89%
1995 0.77% -7.11%
1994 -0.19% -7.41%
1993 -1.83% -5.77%
1992 -2.14% -4.95%
1991 - -7.97%
1990 - -6.39%

Data sources: International Monetary Fund (IMF) | Fiscal Monitor (1990–2024, retrieved 2026-02-20).

GeoRank.org/economy/fiji/sri-lanka | 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 Sri Lanka's deficit of $5.58B, or 5.64% of GDP.

Over the past 33 years, Fiji recorded a fiscal deficit in 28 of those years, while Sri Lanka ran a deficit in 33 years. On average, Fiji posted an annual deficit equal to 2.81% of GDP, compared to deficit of 6.83% of GDP for Sri Lanka.

Inflation comparison by year

Inflation
Fiji

Sri Lanka
1x
Year Consumer prices inflation
Fiji Sri Lanka
2024 4.51% -0.43%
2023 2.34% 16.5%
2022 4.32% 49.7%
2021 0.16% 7.01%
2020 -2.6% 6.15%
2019 1.77% 3.53%
2018 4.08% 2.14%
2017 3.35% 7.7%
2016 3.86% 3.96%
2015 1.37% 3.77%
2014 0.52% 3.18%
2013 2.91% 6.91%
2012 3.42% 7.54%
2011 7.28% 6.72%
2010 3.69% 6.22%
2009 3.13% 3.46%
2008 7.73% 22.6%
2007 4.8% 15.8%
2006 2.49% 10%
2005 2.37% 11.6%
2004 2.83% 7.58%
2003 4.17% 6.31%
2002 0.76% 9.55%
2001 4.27% 14.2%
2000 1.09% 6.18%
1999 1.97% 4.69%
1998 5.71% 9.36%
1997 3.37% 9.57%

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

GeoRank.org/economy/fiji/sri-lanka | CC BY

Over the past 28 years, Fiji has recorded an average annual inflation rate of 3.06%, compared with 9.34% in Sri Lanka. In 2024, inflation was 4.51% in Fiji and -0.43% in Sri Lanka.

Top exports between countries

Fiji
Export category Export value
Animal & marine products $191K
Processed food, beverages & tobacco $77K
Raw agricultural goods $17K
Miscellaneous $16K
Textiles & consumer goods $9K
Chemicals & pharma $2K
Machinery & equipment $1K
Metals $1K
Wood & paper products $1K
Sri Lanka
Export category Export value
Raw agricultural goods $3.13M
Processed food, beverages & tobacco $896K
Textiles & consumer goods $373K
Machinery & equipment $169K
Chemicals & pharma $112K
Raw materials & minerals $64K
Wood & paper products $55K
Metals $5K
Miscellaneous $2K
Precious metals & jewellery $1K

Balance of trade

Fiji Sri Lanka
Current account balance
-$866M
2022
$1.21B
2024
Current account balance ranking
120/190
2022
53/190
2024
Current account balance, % of GDP
-17.4%
2022
+1.22%
2024
Goods imports
$2.68B
2022
$18.8B
2024
Goods exports
$1.05B
2022
$12.8B
2024
Service imports
$754M
2022
$3.48B
2024
Service exports
$1.33B
2022
$6.91B
2024
Imports of goods and services, % of GDP
69.2%
2023
22.5%
2024
Exports of goods and services, % of GDP
57%
2023
19.9%
2024

Economic freedom indices

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

Fiji Sri Lanka
Economic freedom 59.5 50.3
Economic freedom ranking 103/197 162/197
Property rights 59.9 47.3
Government integrity 55.4 37.3
Judicial effectiveness 53.2 47.2
Tax burden 87.8 77
Government spending 70 89
Fiscal health 7.5 0
Business freedom 69.5 60.1
Labor freedom 66.9 54.3
Monetary freedom 72.4 65.9
Trade freedom 66.6 65.6
Investment freedom 55 30
Financial freedom 50 30

Economic freedom comparison by year

Fiji
Sri Lanka
1x
Year Economic freedom index
Fiji Sri Lanka
2026 59.5 50.3
2025 59.1 49.4
2024 58 49.2
2023 58 52.2
2022 56.4 53.3
2021 62.2 55.7
2020 63.4 57.4
2019 62.2 56.4
2018 62 57.8
2017 63.4 57.4
2016 58.8 59.9
2015 59 58.6
2014 58.7 60
2013 57.2 60.7
2012 57.3 58.3
2011 60.4 57.1
2010 60.3 54.6
2009 61 56
2008 61.8 58.4
2007 60.8 59.4
2006 58.4 58.7
2005 58.2 61
2004 58 61.6
2003 54.7 62.5
2002 53.9 64
2001 53.7 66
2000 57.8 63.2
1999 58.4 64
1998 58.2 64.6
1997 58 65.5
1996 57.4 62.5
1995 54.7 60.6

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

GeoRank.org/economy/fiji/sri-lanka | CC BY

The Economic Freedom Index for Fiji is 59.5, ranking 103/197, compared to 50.3 for Sri Lanka, ranking 162/197. The chart above displays a comparison of annual changes in economic freedom indexes.

Other economic metrics

Fiji Sri Lanka
Services, % of GDP
54.6%
2024
57.5%
2024
Industry, % of GDP
16.5%
2024
25.5%
2024
Agriculture, forestry, and fishing, % of GDP
13.2%
2024
8.3%
2024
GNI, Atlas method
$5.4B
2024
$84.6B
2024
GNI per capita, PPP
$14,490
2024
$15,240
2024
Total reserves including gold
$1.6B
2024
$6.09B
2024
Total reserves ranking
133/177
2024
92/177
2024
Net foreign direct investment
-$86.9M
2022
-$651M
2024
Net inflows of foreign direct investment
$204M
2024
$761M
2024
Net outflows of foreign direct investment
$25.6M
2024
$110M
2024
Servicing debt to the IMF, % of GNI
4.36%
2024
4.98%
2024
Poverty at national poverty lines
31%
2020
14.3%
2019
Gross capital formation, % of GDP
19.7%
2023
27%
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/sri-lanka | CC BY

Compare countries by 7 more topics

Help us show the world through your eyes

Share a photo of your city and help others discover what it looks like to live there. Your contribution makes our data come alive.

Data sources:

  1. World Bank | Economy & Growth (1960–2024, retrieved 2026-04-06)
  2. International Monetary Fund (IMF) | Fiscal Monitor (1990–2024, 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 (2020–2024, 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.