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Economy of Fiji vs Sri Lanka compared: GDP & Debt

Updated on by Georank

Fiji has a GDP of $6.2B compared to $109B for Sri Lanka, ranking 161/197 and 71/197 by economy size, respectively.

Fiji has $4.88B in government debt (78.7% of GDP), compared to $100B (100.8% of GDP) in Sri Lanka.

Fiji vs Sri Lanka GDP by year

Fiji
Sri Lanka
1x
Year GDP, current $
Fiji Sri Lanka
2025 $6,198,013,062 $108,825,231,671
2024 $5,968,125,909 $99,616,111,266
2023 $5,476,673,518 $84,080,307,356
2022 $4,977,861,886 $74,143,020,304
2021 $4,158,873,156 $88,556,699,052
2020 $4,227,719,873 $84,335,574,372
2019 $5,344,907,153 $88,998,706,178
2018 $5,581,425,327 $94,450,015,983
2017 $5,353,469,174 $94,369,350,439
2016 $4,930,213,644 $88,000,210,878
2015 $4,682,479,894 $85,090,300,896
2014 $4,857,104,769 $82,531,125,462
2013 $4,189,967,999 $76,976,204,075
2012 $3,972,028,104 $70,447,216,891
2011 $3,779,411,899 $67,753,285,882
2010 $3,140,166,713 $58,636,049,581
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 (1960–2025, retrieved 2026-07-08).

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
2025 $6,642 - $5,002 -
2024 $6,426 $15,450 $4,545 $15,633
2023 $5,926 $14,644 $3,815 $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 (1960–2025, retrieved 2026-07-08).

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

Fiji's GDP per capita is $6,642, ranking 106/197, compared to $5,002 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
$6.2B
2025
$109B
2025
GDP rank
161/197
2025
71/197
2025
GDP growth
3.2%
2024-2025
4.95%
2024-2025
GDP per capita
$6,642
2025
$5,002
2025
GDP per capita rank
106/197
2025
124/197
2025
GDP per capita, PPP
$15,450
2024
$15,633
2024
GDP per capita PPP rank
113/197
2024
111/197
2024
Government debt
$4.88B
2025
$100B
2024
Debt-to-GDP ratio
78.7%
2025
100.8%
2024
Government debt per person
$5,227
2025
$4,584
2024
Government debt per person rank
82/185
2025
90/185
2024
Average annual personal income after taxes
$4,553
2026
$2,830
2026
Market capitalization of domestic companies n/a
$26.1B
2025
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
31.5%
2025
19.1%
2024
Consumer prices inflation
-1.38%
2024-2025
-4.76%
2024-2025
Central bank interest rate
0.25%
2020
7.75%
2025
Unemployment rate
5.36%
2024
4.32%
2024
Population
939479
21926160

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
2025 31.5% 78.7% - -
2024 30.8% 79.1% 19.1% 100.8%
2023 30.2% 82.9% 19.5% 110.4%
2022 33.9% 91.5% 18.6% 115.9%
2021 35.8% 86.7% 20% 102.7%
2020 32.7% 65.8% 22.1% 96.9%
2019 30.7% 49.5% 19.5% 82.6%
2018 32.5% 45.8% 17.5% 83.6%
2017 28.1% 43.4% 17.9% 72.3%
2016 32.1% 44.6% 18.2% 75%
2015 30.6% 44.3% 19.3% 76.3%
2014 30.2% 46.2% 17.2% 69.6%
2013 25.9% 47.4% 16.6% 69.5%
2012 26% 48.6% 17.3% 67.5%
2011 26.5% 51% 19.1% 69.4%
2010 25.5% 53.4% 19.3% 68.7%
2009 26.2% 51.5% 21% 72.8%
2008 22.8% 47.9% 19.1% 68.8%
2007 23.5% 46.4% 19.9% 71.8%
2006 25.4% 50.3% 20.5% 74.3%
2005 24% 45.3% 20.1% 76.6%
2004 24.7% 45.9% 19.3% 86.5%
2003 26.7% 46.4% 19.3% 86.5%
2002 28.1% 44.5% 20.8% 96.3%
2001 27% 41.9% 22.4% 84.4%
2000 24.2% 35.9% 21.7% 79.2%
1999 24.6% 34.7% 20.5% 77.7%
1998 27.7% 37.9% 21.4% 74.2%
1997 29.2% 54.4% 21.4% 70.1%
1996 27.2% 50.3% 23.1% 76.2%
1995 23.5% 49.1% 24.8% 77.8%
1994 24.9% 48.8% 24.1% 77.9%
1993 26.7% 45.9% 23.2% 79.2%
1992 27.1% 44.3% 23% 77.9%
1991 - - 26.4% 80.5%
1990 - - 25.4% 78.9%

Data sources: International Monetary Fund (IMF) | Fiscal Monitor (1990–2025, retrieved 2026-07-08).

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

In 2025, Fiji's government spending was $1.95B, accounting for 31.5% of its GDP, while Sri Lanka spent $19B, or 19.1% of GDP.

Debt-to-GDP ratio is 78.7% in Fiji and 100.8% in Sri Lanka, ranking 45/185 and 24/185, respectively.

Government deficit by year

Deficit/surplus
Fiji

Sri Lanka
1x
Year Deficit/surplus, % of GDP
Fiji Sri Lanka
2025 -2.46% -
2024 -3.44% -5.43%
2023 -7.15% -8.32%
2022 -12.3% -10.2%
2021 -14.2% -11.7%
2020 -8.34% -13.4%
2019 -3.65% -7.52%
2018 -4.82% -4.96%
2017 -2.28% -5.1%
2016 -5.7% -5%
2015 -3.91% -6.64%
2014 -3.48% -5.99%
2013 -0.08% -5%
2012 -0.68% -5.44%
2011 -0.72% -6.01%
2010 -1.29% -6.73%
2009 -2.76% -8.33%
2008 1.56% -5.93%
2007 0.36% -5.81%
2006 -0.76% -5.91%
2005 -1.18% -5.93%
2004 -0.98% -6.32%
2003 -3.46% -6.15%
2002 -3.68% -6.9%
2001 -4.5% -8.48%
2000 -1.33% -7.78%
1999 1.17% -5.58%
1998 5.4% -6.79%
1997 -4.5% -5.71%
1996 -3.46% -6.89%
1995 0.78% -7.11%
1994 -0.2% -7.41%
1993 -1.9% -5.77%
1992 -2.25% -4.95%
1991 - -7.97%
1990 - -6.39%

Data sources: International Monetary Fund (IMF) | Fiscal Monitor (1990–2025, retrieved 2026-07-08).

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

In 2024, Fiji's government deficit, the difference between spending and revenue, was $205M, equivalent to 3.44% of GDP. This compares to Sri Lanka's deficit of $5.4B, or 5.43% 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 2.84% of GDP, compared to deficit of 6.82% of GDP for Sri Lanka.

Inflation comparison by year

Inflation
Fiji

Sri Lanka
1x
Year Consumer prices inflation
Fiji Sri Lanka
2025 -1.38% -4.76%
2024 3.89% -0.43%
2023 2.98% 16.5%
2022 6.08% 49.7%
2021 1.53% 7.01%
2020 -1.7% 6.15%
2019 1.79% 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 (1997–2025, retrieved 2026-07-08).

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

Over the past 29 years, Fiji has recorded an average annual inflation rate of 3.05%, compared with 8.86% in Sri Lanka. In 2025, inflation was -1.38% in Fiji and -4.76% 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
Textiles & consumer goods $10K
Miscellaneous $8K
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
-$464M
2024
$1.21B
2024
Current account balance ranking
104/190
2024
49/190
2024
Current account balance, % of GDP
-7.78%
2024
+1.21%
2024
Goods imports
$2.86B
2024
$18.8B
2024
Goods exports
$1.13B
2024
$12.8B
2024
Service imports
$996M
2024
$3.48B
2024
Service exports
$2.12B
2024
$6.91B
2024
Imports of goods and services, % of GDP
64.6%
2024
22.8%
2025
Exports of goods and services, % of GDP
54.4%
2024
19%
2025

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 2026-07-08).

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
57%
2025
54.6%
2025
Industry, % of GDP
13.9%
2025
25.4%
2025
Agriculture, forestry, and fishing, % of GDP
14%
2025
8.36%
2025
GNI, Atlas method
$5.81B
2025
$102B
2025
GNI per capita, PPP
$15,360
2025
$16,750
2025
Total reserves including gold
$1.66B
2025
$6.09B
2024
Total reserves ranking
130/177
2025
96/177
2024
Net foreign direct investment
-$178M
2024
-$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
4.96%
2024
Poverty at national poverty lines
31%
2020
14.3%
2019
Gross capital formation, % of GDP
20.9%
2024
29.6%
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/sri-lanka | 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 (1990–2025, 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 (2020–2025, retrieved 2026-07-08)
  6. United Nations | World Population Prospects (2026, retrieved 2026-07-08)
  7. LivingCost (2026, retrieved 2026-07-08)
  8. 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.