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Economy of Fiji vs Tuvalu compared: GDP & Debt

Updated on by Georank

Fiji has a GDP of $6.2B compared to $62.3M for Tuvalu, ranking 161/197 and 196/197 by economy size, respectively.

Fiji has $4.88B in government debt (78.7% of GDP), compared to $4.15M (3.6% of GDP) in Tuvalu.

Fiji vs Tuvalu GDP by year

Fiji
Tuvalu
1x
Year GDP, current $
Fiji Tuvalu
2025 $6,198,013,062 -
2024 $5,968,125,909 -
2023 $5,476,673,518 $62,280,312
2022 $4,977,861,886 $59,065,982
2021 $4,158,873,156 $60,196,406
2020 $4,227,719,873 $51,746,594
2019 $5,344,907,153 $54,123,199
2018 $5,581,425,327 $48,015,260
2017 $5,353,469,174 $45,276,595
2016 $4,930,213,644 $41,629,064
2015 $4,682,479,894 $36,811,936
2014 $4,857,104,769 $38,760,983
2013 $4,189,967,999 $38,615,891
2012 $3,972,028,104 $39,345,579
2011 $3,779,411,899 $39,196,957
2010 $3,140,166,713 $32,105,408
2009 $2,870,624,636 $28,076,984
2008 $3,523,185,920 $31,874,435
2007 $3,378,314,600 $28,450,169
2006 $3,076,305,453 $24,096,875
2005 $2,980,403,845 $22,909,980
2004 $2,708,078,477 $22,798,275
2003 $2,300,492,465 $19,456,338
2002 $1,833,279,985 $16,842,673
2001 $1,652,462,023 $13,964,732
2000 $1,678,219,508 $15,073,976
1999 $1,936,459,986 $14,800,503
1998 $1,653,146,717 $13,795,146
1997 $2,090,221,137 $13,734,210
1996 $2,128,696,644 $13,338,597
1995 $1,970,301,486 $11,922,614
1994 $1,825,732,093 $11,772,611
1993 $1,636,101,247 $10,414,400
1992 $1,532,411,039 $10,535,028
1991 $1,383,883,250 $10,127,314
1990 $1,337,017,559 $9,542,901
1989 $1,182,660,266 $8,454,523
1988 $1,110,009,523 $7,011,059
1987 $1,177,947,965 $5,020,513
1986 $1,290,267,340 $4,574,706
1985 $1,141,168,944 $3,862,852
1984 $1,178,000,678 $4,481,978
1983 $1,123,085,190 $4,152,550
1982 $1,194,059,943 $4,118,945
1981 $1,235,626,771 $4,773,018
1980 $1,202,618,816 $4,206,128
1979 $1,019,691,460 $4,065,659
1978 $829,267,889 $3,798,782
1977 $719,501,766 $3,669,420
1976 $694,540,806 $3,919,072
1975 $684,282,434 $4,014,748
1974 $558,587,097 $4,122,329
1973 $425,950,488 $3,411,915
1972 $316,656,649 $2,968,458
1971 $247,749,328 $2,716,990
1970 $219,878,482 $2,585,956
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/tuvalu | CC BY

GDP per capita in Fiji vs Tuvalu by year

Fiji
GDP per capita

GDP per capita, PPP
Tuvalu
GDP per capita

GDP per capita, PPP
1x
Year Current $
Fiji Tuvalu
GDP per capita GDP per capita, PPP GDP per capita GDP per capita, PPP
2025 $6,642 - - -
2024 $6,426 $15,450 - -
2023 $5,926 $14,644 $6,345 $6,151
2022 $5,414 $12,982 $5,911 $5,661
2021 $4,537 $10,322 $5,905 $5,353
2020 $4,621 $10,716 $4,976 $5,122
2019 $5,842 $12,978 $5,115 $5,210
2018 $6,085 $12,984 $4,466 $4,432
2017 $5,827 $12,585 $4,166 $4,227
2016 $5,364 $11,766 $3,809 $4,031
2015 $5,098 $11,519 $3,358 $3,776
2014 $5,293 $10,516 $3,529 $3,419
2013 $4,572 $8,842 $3,510 $3,277
2012 $4,341 $8,204 $3,598 $3,170
2011 $4,140 $7,672 $3,636 $3,176
2010 $3,449 $7,339 $3,025 $2,945
2009 $3,164 $7,068 $2,684 $3,082
2008 $3,900 $7,154 $3,088 $3,291
2007 $3,763 $6,990 $2,794 $3,034
2006 $3,455 $6,921 $2,396 $2,787
2005 $3,378 $6,652 $2,305 $2,728
2004 $3,097 $6,463 $2,323 $2,765
2003 $2,656 $6,033 $2,007 $2,770
2002 $2,137 $5,914 $1,750 $2,915
2001 $1,945 $5,699 $1,457 $2,596
2000 $1,996 $5,521 $1,579 $2,597
1999 $2,328 $5,552 $1,559 $2,543
1998 $2,010 $5,090 $1,460 $2,560
1997 $2,574 $5,031 $1,461 $2,204
1996 $2,648 $5,109 $1,428 $1,982
1995 $2,467 $4,818 $1,285 $2,083
1994 $2,297 $4,627 $1,279 $2,165
1993 $2,070 $4,334 $1,141 $1,939
1992 $1,951 $4,172 $1,166 $1,837
1991 $1,775 $3,873 $1,134 $1,769
1990 $1,729 $3,882 $1,085 $1,676
1989 $1,543 - $976 -
1988 $1,463 - $823 -
1987 $1,569 - $600 -
1986 $1,745 - $557 -
1985 $1,577 - $480 -
1984 $1,667 - $567 -
1983 $1,628 - $533 -
1982 $1,773 - $537 -
1981 $1,879 - $634 -
1980 $1,873 - $571 -
1979 $1,627 - $566 -
1978 $1,355 - $546 -
1977 $1,204 - $549 -
1976 $1,186 - $612 -
1975 $1,188 - $656 -
1974 $984 - $708 -
1973 $762 - $601 -
1972 $575 - $522 -
1971 $458 - $478 -
1970 $414 - $457 -
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/tuvalu | CC BY

Fiji's GDP per capita is $6,642, ranking 106/197, compared to $6,345 in Tuvalu, ranking 113/197. Adjusted for purchasing power (GDP per capita PPP), Fiji ranks 113th at $15,450, while Tuvalu ranks 152nd at $6,151.

Economic indicators

Fiji Tuvalu
Gross domestic product
$6.2B
2025
$62.3M
2023
GDP rank
161/197
2025
196/197
2023
GDP growth
3.2%
2024-2025
3.85%
2022-2023
GDP per capita
$6,642
2025
$6,345
2023
GDP per capita rank
106/197
2025
113/197
2023
GDP per capita, PPP
$15,450
2024
$6,151
2023
GDP per capita PPP rank
113/197
2024
152/197
2023
Government debt
$4.88B
2025
$4.15M
2023
Debt-to-GDP ratio
78.7%
2025
3.6%
2025
Government debt per person
$5,227
2025
$423
2023
Government debt per person rank
82/185
2025
171/185
2023
Average annual personal income after taxes
$4,553
2026
$4,485
2026
Income share by richest 10%
24.2%
2019
30.8%
2010
Income share by poorest 10%
3.5%
2019
2.7%
2010
Government expenditure, % of GDP
31.5%
2025
105.3%
2025
Consumer prices inflation
-1.38%
2024-2025
2%
2024-2025
Central bank interest rate
0.25%
2020
n/a
Unemployment rate
5.36%
2024
7.32%
2022
Population
939479
9349

Spending and national debt comparison by year

Fiji
Spending

Debt
Tuvalu
Spending

Debt
1x
Year % of GDP
Fiji Tuvalu
Government spending Government debt Government spending Government debt
2025 31.5% 78.7% 105.3% 3.6%
2024 30.8% 79.1% 117.5% 6.96%
2023 30.2% 82.9% 145.9% 6.67%
2022 33.9% 91.5% 115.3% 6.33%
2021 35.8% 86.7% 113.8% 11.3%
2020 32.7% 65.8% 119.5% 12.1%
2019 30.7% 49.5% 113.6% 11.6%
2018 32.5% 45.8% 125.6% 11.8%
2017 28.1% 43.4% 106.4% 12%
2016 32.1% 44.6% 119.6% 11.5%
2015 30.6% 44.3% 116.9% 14.4%
2014 30.2% 46.2% 96.8% 16.4%
2013 25.9% 47.4% 80.2% 17.8%
2012 26% 48.6% 76.8% 19.3%
2011 26.5% 51% 77.2% 19.1%
2010 25.5% 53.4% 93.9% 21.1%
2009 26.2% 51.5% 100% 20.6%
2008 22.8% 47.9% 85.8% 19.8%
2007 23.5% 46.4% 88.6% 32.4%
2006 25.4% 50.3% 98.5% 37.5%
2005 24% 45.3% 82.1% 37.4%
2004 24.7% 45.9% 74.1% -
2003 26.7% 46.4% - -
2002 28.1% 44.5% - -
2001 27% 41.9% - -
2000 24.2% 35.9% - -
1999 24.6% 34.7% - -
1998 27.7% 37.9% - -
1997 29.2% 54.4% - -
1996 27.2% 50.3% - -
1995 23.5% 49.1% - -
1994 24.9% 48.8% - -
1993 26.7% 45.9% - -
1992 27.1% 44.3% - -

Data sources: International Monetary Fund (IMF) | Fiscal Monitor (1992–2025, retrieved 2026-07-08).

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

In 2025, Fiji's government spending was $1.95B, accounting for 31.5% of its GDP, while Tuvalu spent $90.9M, or 105.3% of GDP.

Debt-to-GDP ratio is 78.7% in Fiji and 3.6% in Tuvalu, ranking 45/185 and 184/185, respectively.

Government deficit by year

Deficit/surplus
Fiji

Tuvalu
1x
Year Deficit/surplus, % of GDP
Fiji Tuvalu
2025 -2.46% 31.6%
2024 -3.44% -3.44%
2023 -7.15% 10.1%
2022 -12.3% -14.6%
2021 -14.2% -13.3%
2020 -8.34% 13.7%
2019 -3.65% -1.07%
2018 -4.82% 30.3%
2017 -2.28% 2.09%
2016 -5.7% 27.5%
2015 -3.91% 14.7%
2014 -3.48% 3.26%
2013 -0.08% 26%
2012 -0.68% 9.58%
2011 -0.72% -8.8%
2010 -1.29% -23.4%
2009 -2.76% -13.5%
2008 1.56% -17.2%
2007 0.36% -18.6%
2006 -0.76% -36.8%
2005 -1.18% -12.8%
2004 -0.98% -3.6%
2003 -3.46% -
2002 -3.68% -
2001 -4.5% -
2000 -1.33% -
1999 1.17% -
1998 5.4% -
1997 -4.5% -
1996 -3.46% -
1995 0.78% -
1994 -0.2% -
1993 -1.9% -
1992 -2.25% -

Data sources: International Monetary Fund (IMF) | Fiscal Monitor (1992–2025, retrieved 2026-07-08).

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

In 2023, Fiji's government deficit, the difference between spending and revenue, was $392M, equivalent to 7.15% of GDP. This compares to Tuvalu's surplus of $6.29M, or 10.1% of GDP.

Over the past 20 years, Fiji recorded a fiscal deficit in 18 of those years, while Tuvalu ran a deficit in 11 years. On average, Fiji posted an annual deficit equal to 3.62% of GDP, compared to deficit of 1.32% of GDP for Tuvalu.

Inflation comparison by year

Inflation
Fiji

Tuvalu
1x
Year Consumer prices inflation
Fiji Tuvalu
2025 -1.38% 2%
2024 3.89% 1.2%
2023 2.98% 7.2%
2022 6.08% 12.2%
2021 1.53% 6.7%
2020 -1.7% 1.6%
2019 1.79% 3.5%
2018 4.08% 2.2%
2017 3.35% 4.1%
2016 3.86% 3.5%
2015 1.37% 3.1%
2014 0.52% 1.1%
2013 2.91% 2%
2012 3.42% 1.4%
2011 7.28% 0.5%
2010 3.69% -1.9%
2009 3.13% -0.3%
2008 7.73% 10.4%
2007 4.8% 2.3%
2006 2.49% 4.2%
2005 2.37% 3.2%
2004 2.83% 2.4%
2003 4.17% 2.9%
2002 0.76% 5.1%
2001 4.27% 1.5%
2000 1.09% -
1999 1.97% -
1998 5.71% -
1997 3.37% -

Data sources: World Bank | Economy & Growth (1997–2025, retrieved 2026-07-08); International Monetary Fund (IMF) | World Economic Outlook (2001–2025, retrieved 2026-07-08).

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

Over the past 25 years, Fiji has recorded an average annual inflation rate of 3.05%, compared with 3.28% in Tuvalu. In 2025, inflation was -1.38% in Fiji and 2% in Tuvalu.

Top exports between countries

Fiji
Export category Export value
Raw materials & minerals $6.06M
Metals $3.26M
Processed food, beverages & tobacco $2.72M
Machinery & equipment $2.41M
Chemicals & pharma $1.49M
Raw agricultural goods $1.22M
Textiles & consumer goods $1.13M
Miscellaneous $956K
Animal & marine products $794K
Wood & paper products $511K
Tuvalu
Export category Export value
Machinery & equipment $46K
Raw agricultural goods $13K
Metals $10K
Raw materials & minerals $8K
Chemicals & pharma $1K
Textiles & consumer goods $1K
Wood & paper products $1K

Balance of trade

Fiji Tuvalu
Current account balance
-$464M
2024
$2.71M
2022
Current account balance ranking
104/190
2024
70/190
2022
Current account balance, % of GDP
-7.78%
2024
+4.59%
2022
Goods imports
$2.86B
2024
$24.2M
2022
Goods exports
$1.13B
2024
$184K
2022
Service imports
$996M
2024
$33.1M
2022
Service exports
$2.12B
2024
$2.05M
2022
Imports of goods and services, % of GDP
64.6%
2024
n/a
Exports of goods and services, % of GDP
54.4%
2024
8.22%
2026

Economic freedom indices

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

Fiji Tuvalu
Economic freedom 59.5 60
Economic freedom ranking 103/197 99/197
Property rights 59.9 n/a
Government integrity 55.4 n/a
Judicial effectiveness 53.2 n/a
Tax burden 87.8 n/a
Government spending 70 n/a
Fiscal health 7.5 n/a
Business freedom 69.5 n/a
Labor freedom 66.9 n/a
Monetary freedom 72.4 n/a
Trade freedom 66.6 n/a
Investment freedom 55 n/a
Financial freedom 50 n/a

Other economic metrics

Fiji Tuvalu
Services, % of GDP
57%
2025
n/a
Industry, % of GDP
13.9%
2025
7.02%
2015
Agriculture, forestry, and fishing, % of GDP
14%
2025
15.9%
2015
GNI, Atlas method
$5.81B
2025
$86M
2023
GNI per capita, PPP
$15,360
2025
$9,850
2023
Total reserves including gold
$1.66B
2025
n/a
Total reserves ranking
130/177
2025
n/a
Net foreign direct investment
-$178M
2024
$0
2022
Net inflows of foreign direct investment
$204M
2024
$258K
2024
Net outflows of foreign direct investment
$25.6M
2024
$0
2024
Servicing debt to the IMF, % of GNI
4.36%
2024
n/a
Poverty at national poverty lines
31%
2020
26.3%
2020
Gross capital formation, % of GDP
20.9%
2024
n/a

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/tuvalu | 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 (1992–2025, retrieved 2026-07-08)
  3. U.S. Census Bureau (1985–2025, retrieved 2026-07-08)
  4. TradeMap (2002–2025, retrieved 2026-07-08)
  5. The Heritage Foundation | Economic Freedom Index (2026, retrieved 2026-07-08)
  6. Central Intelligence Agency (CIA) (2020, retrieved 2026-07-08)
  7. United Nations | World Population Prospects (2026, retrieved 2026-07-08)
  8. LivingCost (2026, 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.