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Economy of Fiji vs Ukraine compared: GDP & Debt

Updated on by Georank team

Fiji has a GDP of $5.97B compared to $191B for Ukraine, ranking 161/197 and 57/197 by economy size, respectively.

Fiji has $4.54B in government debt (76.2% of GDP), compared to $171B (89.7% of GDP) in Ukraine.

Fiji vs Ukraine GDP by year

Fiji
Ukraine
1x
Year GDP, current $
Fiji Ukraine
2024 $5,968,125,909 $190,741,262,415
2023 $5,476,673,518 $181,221,517,869
2022 $4,977,861,886 $161,989,520,721
2021 $4,158,873,156 $199,765,859,571
2020 $4,227,719,873 $156,617,722,013
2019 $5,344,907,153 $153,883,047,510
2018 $5,581,425,327 $130,891,088,294
2017 $5,353,469,174 $112,090,505,082
2016 $4,930,213,644 $93,355,869,404
2015 $4,682,479,894 $91,030,967,789
2014 $4,857,104,769 $133,503,871,862
2013 $4,189,967,999 $190,498,811,460
2012 $3,972,028,104 $182,591,753,828
2011 $3,779,411,899 $169,333,835,202
2010 $3,140,166,713 $141,209,170,427
2009 $2,870,624,636 $121,552,153,444
2008 $3,523,185,920 $188,110,390,660
2007 $3,378,314,600 $148,733,861,386
2006 $3,076,305,453 $111,884,752,475
2005 $2,980,403,845 $89,238,865,119
2004 $2,708,078,477 $67,220,154,164
2003 $2,300,492,465 $52,010,355,753
2002 $1,833,279,985 $43,956,163,612
2001 $1,652,462,023 $39,309,580,983
2000 $1,678,219,508 $32,375,083,935
1999 $1,936,459,986 $31,580,639,554
1998 $1,653,146,717 $41,882,523,345
1997 $2,090,221,137 $50,151,531,592
1996 $2,128,696,644 $44,558,831,005
1995 $1,970,301,486 $48,213,856,469
1994 $1,825,732,093 $52,549,580,265
1993 $1,636,101,247 $65,648,559,903
1992 $1,532,411,039 $73,945,908,384
1991 $1,383,883,250 $77,350,733,982
1990 $1,337,017,559 $81,393,558,423
1989 $1,182,660,266 $82,709,161,099
1988 $1,110,009,523 $74,703,517,903
1987 $1,177,947,965 $64,087,694,038
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 (1960–2024, retrieved 2026-04-06).

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

GDP per capita in Fiji vs Ukraine by year

Fiji
GDP per capita

GDP per capita, PPP
Ukraine
GDP per capita

GDP per capita, PPP
1x
Year Current $
Fiji Ukraine
GDP per capita GDP per capita, PPP GDP per capita GDP per capita, PPP
2024 $6,426 $15,450 $5,038 $18,550
2023 $5,926 $14,644 $4,803 $17,665
2022 $5,414 $12,982 $3,946 $14,770
2021 $4,537 $10,322 $4,510 $17,846
2020 $4,621 $10,716 $3,505 $15,541
2019 $5,842 $12,978 $3,423 $14,217
2018 $6,085 $12,984 $2,895 $12,555
2017 $5,827 $12,585 $2,467 $11,536
2016 $5,364 $11,766 $2,047 $10,865
2015 $5,098 $11,519 $1,988 $9,922
2014 $5,293 $10,516 $2,904 $10,494
2013 $4,572 $8,842 $4,130 $10,904
2012 $4,341 $8,204 $3,951 $9,552
2011 $4,140 $7,672 $3,657 $9,127
2010 $3,449 $7,339 $3,040 $8,453
2009 $3,164 $7,068 $2,607 $7,995
2008 $3,900 $7,154 $4,018 $9,324
2007 $3,763 $6,990 $3,160 $8,900
2006 $3,455 $6,921 $2,366 $7,971
2005 $3,378 $6,652 $1,875 $7,142
2004 $3,097 $6,463 $1,401 $6,663
2003 $2,656 $6,033 $1,076 $5,764
2002 $2,137 $5,914 $903 $5,123
2001 $1,945 $5,699 $800 $4,747
2000 $1,996 $5,521 $653 $4,228
1999 $2,328 $5,552 $632 $3,871
1998 $2,010 $5,090 $831 $3,794
1997 $2,574 $5,031 $987 $3,794
1996 $2,648 $5,109 $870 $3,812
1995 $2,467 $4,818 $933 $4,124
1994 $2,297 $4,627 $1,009 $4,565
1993 $2,070 $4,334 $1,254 $5,766
1992 $1,951 $4,172 $1,413 $6,568
1991 $1,775 $3,873 $1,483 $7,148
1990 $1,729 $3,882 $1,564 $7,591
1989 $1,543 - $1,593 -
1988 $1,463 - $1,444 -
1987 $1,569 - $1,244 -
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 (1960–2024, retrieved 2026-04-06).

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

Fiji's GDP per capita is $6,426, ranking 108/197, compared to $5,038 in Ukraine, ranking 120/197. Adjusted for purchasing power (GDP per capita PPP), Fiji ranks 113th at $15,450, while Ukraine ranks 101st at $18,550.

Economic indicators

Fiji Ukraine
Gross domestic product
$5.97B
2024
$191B
2024
GDP rank
161/197
2024
57/197
2024
GDP growth
3.53%
2023-2024
2.91%
2023-2024
GDP per capita
$6,426
2024
$5,038
2024
GDP per capita rank
108/197
2024
120/197
2024
GDP per capita, PPP
$15,450
2024
$18,550
2024
GDP per capita PPP rank
113/197
2024
101/197
2024
Government debt
$4.54B
2024
$171B
2024
Debt-to-GDP ratio
76.2%
2024
89.7%
2024
Government debt per person
$4,893
2024
$4,520
2024
Government debt per person rank
80/185
2024
86/185
2024
Average annual personal income after taxes
$6,964
2026
$5,370
2026
Market capitalization of domestic companies n/a
$4.42B
2018
Number of billionaires n/a
7
2025
Income share by richest 10%
24.2%
2019
21.7%
2020
Income share by poorest 10%
3.5%
2019
4.3%
2020
Government expenditure, % of GDP
29.7%
2024
71.3%
2024
Consumer prices inflation
4.51%
2023-2024
6.5%
2023-2024
Central bank interest rate
0.25%
2020
15.5%
2025
Unemployment rate
5.36%
2024
9.83%
2021
Population
938628
40125599

Spending and national debt comparison by year

Fiji
Spending

Debt
Ukraine
Spending

Debt
1x
Year % of GDP
Fiji Ukraine
Government spending Government debt Government spending Government debt
2024 29.7% 76.2% 71.3% 89.7%
2023 28.8% 79.1% 73.4% 81.2%
2022 30.9% 83.3% 65.4% 77.7%
2021 36.7% 89% 40.5% 48.9%
2020 36.2% 72.9% 45.6% 60.5%
2019 30.8% 49.7% 41.5% 50.5%
2018 31.8% 44.8% 41.9% 60.4%
2017 27.3% 42.2% 41.7% 71.6%
2016 31.4% 43.6% 40.8% 79.5%
2015 29.8% 43% 43% 79.3%
2014 29.1% 44.5% 44.8% 70.3%
2013 25.1% 45.8% 48.1% 40.5%
2012 25.5% 47.7% 49% 37.5%
2011 25.3% 48.6% 45.7% 36.9%
2010 24.8% 51.8% 49.2% 40.6%
2009 26.2% 51.5% 48.6% 35.4%
2008 22.6% 47.5% 47.1% 20.4%
2007 23.3% 46% 43.7% 12.3%
2006 24.8% 49.2% 44.6% 14.8%
2005 23.3% 44% 44.2% 17.7%
2004 24% 44.5% 41.6% 24.8%
2003 25.8% 44.9% 38.9% 29.4%
2002 27.4% 43.4% 37.9% 33.6%
2001 26.4% 41% 36.7% 36.7%
2000 24.8% 36.9% 35.5% 43.8%
1999 23.2% 32.7% 25.8% 59%
1998 26.8% 36.6% 37.1% 46.5%
1997 29.1% 54.1% 40.8% 28.9%
1996 26.4% 48.8% 36.9% 24.4%
1995 23.2% 48.4% 41.3% 30.2%
1994 24.3% 47.6% - -
1993 25.7% 44.3% - -
1992 25.8% 42.2% - -

Data sources: International Monetary Fund (IMF) | Fiscal Monitor (1992–2024, retrieved 2026-02-20); International Monetary Fund (IMF) | Public Finances in Modern History (1995–1996, retrieved 2026-02-20).

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

In 2024, Fiji's government spending was $1.77B, accounting for 29.7% of its GDP, while Ukraine spent $136B, or 71.3% of GDP.

Debt-to-GDP ratio is 76.2% in Fiji and 89.7% in Ukraine, ranking 47/185 and 33/185, respectively.

Government deficit by year

Deficit/surplus
Fiji

Ukraine
1x
Year Deficit/surplus, % of GDP
Fiji Ukraine
2024 -3.36% -17.2%
2023 -6.82% -19.3%
2022 -11.2% -15.6%
2021 -14.6% -3.97%
2020 -9.24% -5.92%
2019 -3.67% -2.08%
2018 -4.72% -2.12%
2017 -2.22% -2.36%
2016 -5.58% -2.46%
2015 -3.8% -1.16%
2014 -3.36% -4.46%
2013 -0.08% -4.78%
2012 -0.67% -4.31%
2011 -0.69% -2.76%
2010 -1.26% -5.77%
2009 -2.76% -6.27%
2008 1.54% -3.14%
2007 0.35% -1.97%
2006 -0.74% -1.36%
2005 -1.14% -2.28%
2004 -0.95% -4.41%
2003 -3.34% -0.89%
2002 -3.58% -1.84%
2001 -4.4% -3.03%
2000 -1.37% -3.19%
1999 1.1% 4.95%
1998 5.21% -2.69%
1997 -4.48% -5.37%
1996 -3.35% -3.09%
1995 0.77% -4.72%
1994 -0.19% -
1993 -1.83% -
1992 -2.14% -

Data sources: International Monetary Fund (IMF) | Fiscal Monitor (1992–2024, retrieved 2026-02-20).

GeoRank.org/economy/fiji/ukraine | 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 Ukraine's deficit of $32.8B, or 17.2% of GDP.

Over the past 30 years, Fiji recorded a fiscal deficit in 25 of those years, while Ukraine ran a deficit in 29 years. On average, Fiji posted an annual deficit equal to 2.95% of GDP, compared to deficit of 4.45% of GDP for Ukraine.

Inflation comparison by year

Inflation
Fiji

Ukraine
1x
Year Consumer prices inflation
Fiji Ukraine
2024 4.51% 6.5%
2023 2.34% 12.9%
2022 4.32% 20.2%
2021 0.16% 9.4%
2020 -2.6% 2.7%
2019 1.77% 7.9%
2018 4.08% 10.9%
2017 3.35% 14.4%
2016 3.86% 13.9%
2015 1.37% 48.7%
2014 0.52% 12.1%
2013 2.91% -0.3%
2012 3.42% 0.6%
2011 7.28% 8%
2010 3.69% 9.4%
2009 3.13% 15.9%
2008 7.73% 25.2%
2007 4.8% 12.8%
2006 2.49% 9.1%
2005 2.37% 13.5%
2004 2.83% 9%
2003 4.17% 5.2%
2002 0.76% 0.8%
2001 4.27% 12%
2000 1.09% 28.2%
1999 1.97% 22.7%
1998 5.71% 10.6%
1997 3.37% 15.9%

Data sources: International Monetary Fund (IMF) | World Economic Outlook (1997–2024, retrieved 2026-02-20); World Bank | Economy & Growth (1997–2024, retrieved 2026-04-06).

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

Over the past 28 years, Fiji has recorded an average annual inflation rate of 3.06%, compared with 12.8% in Ukraine. In 2024, inflation was 4.51% in Fiji and 6.5% in Ukraine.

Top exports between countries

Fiji
Export category Export value
Machinery & equipment $27K
Chemicals & pharma $2K
Miscellaneous $2K
Metals $1K
Raw agricultural goods $1K
Raw materials & minerals $1K
Textiles & consumer goods $1K
Ukraine
Export category Export value
Processed food, beverages & tobacco $55K
Textiles & consumer goods $30K
Raw agricultural goods $16K
Machinery & equipment $3K

Balance of trade

Fiji Ukraine
Current account balance
-$866M
2022
-$15.1B
2024
Current account balance ranking
120/190
2022
179/190
2024
Current account balance, % of GDP
-17.4%
2022
-7.94%
2024
Goods imports
$2.68B
2022
$72.3B
2024
Goods exports
$1.05B
2022
$39.3B
2024
Service imports
$754M
2022
$22.9B
2024
Service exports
$1.33B
2022
$17.3B
2024
Imports of goods and services, % of GDP
69.2%
2023
48.3%
2024
Exports of goods and services, % of GDP
57%
2023
29.4%
2024

Economic freedom indices

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

Fiji Ukraine
Economic freedom 59.5 54.1
Economic freedom ranking 103/197 135/197
Property rights 59.9 21.6
Government integrity 55.4 35
Judicial effectiveness 53.2 28.2
Tax burden 87.8 83.7
Government spending 70 0
Fiscal health 7.5 3.9
Business freedom 69.5 57.4
Labor freedom 66.9 46.9
Monetary freedom 72.4 65.7
Trade freedom 66.6 73
Investment freedom 55 35
Financial freedom 50 30

Economic freedom comparison by year

Fiji
Ukraine
1x
Year Economic freedom index
Fiji Ukraine
2026 59.5 -
2025 59.1 -
2024 58 -
2023 58 -
2022 56.4 54.1
2021 62.2 56.2
2020 63.4 54.9
2019 62.2 52.3
2018 62 51.9
2017 63.4 48.1
2016 58.8 46.8
2015 59 46.9
2014 58.7 49.3
2013 57.2 46.3
2012 57.3 46.1
2011 60.4 45.8
2010 60.3 46.4
2009 61 48.8
2008 61.8 51
2007 60.8 51.5
2006 58.4 54.4
2005 58.2 55.8
2004 58 53.7
2003 54.7 51.1
2002 53.9 48.2
2001 53.7 48.5
2000 57.8 47.8
1999 58.4 43.7
1998 58.2 40.4
1997 58 43.5
1996 57.4 40.6
1995 54.7 39.9

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

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

The Economic Freedom Index for Fiji is 59.5, ranking 103/197, compared to 54.1 for Ukraine, ranking 135/197. The chart above displays a comparison of annual changes in economic freedom indexes.

Other economic metrics

Fiji Ukraine
Services, % of GDP
54.6%
2024
60.6%
2024
Industry, % of GDP
16.5%
2024
19%
2024
Agriculture, forestry, and fishing, % of GDP
13.2%
2024
7.11%
2024
GNI, Atlas method
$5.4B
2024
$184B
2024
GNI per capita, PPP
$14,490
2024
$18,560
2024
Total reserves including gold
$1.6B
2024
$43.8B
2024
Total reserves ranking
133/177
2024
46/177
2024
Net foreign direct investment
-$86.9M
2022
-$3.71B
2024
Net inflows of foreign direct investment
$204M
2024
$4.02B
2024
Net outflows of foreign direct investment
$25.6M
2024
$305M
2024
Servicing debt to the IMF, % of GNI
4.36%
2024
5.42%
2024
Poverty at national poverty lines
31%
2020
23.2%
2020
Gross capital formation, % of GDP
19.7%
2023
18.6%
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/ukraine | CC BY

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Data sources:

  1. World Bank | Economy & Growth (1960–2024, retrieved 2026-04-06)
  2. International Monetary Fund (IMF) | Fiscal Monitor (1992–2024, 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. International Monetary Fund (IMF) | Public Finances in Modern History (1995–1996, retrieved 2026-02-20)
  7. United Nations | World Population Prospects (2026, retrieved 2026-03-10)
  8. LivingCost (2026, retrieved 2025-10-14)
  9. 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.