Fiji vs Vanuatu: Economic Indicators Comparison

Fiji with a GDP of $5.5B ranked the 152nd largest economy in the world, while Vanuatu ranked 186th with $914.3M. By GDP 5-years average growth and GDP per capita, Fiji and Vanuatu ranked 78th vs 107th and 98th vs 133rd, respectively.

Gross Domestic Product & Income

StatFijiVanuatu
GDP$5.5B$914.3M
GDP growth, 1 year3.2%3.2%
GDP growth, 5-years average3.3%2.7%
Population906k276k
GDP per capita$6.3k$3.1k
GDP per capita growth2.82%0.67%
Purchasing Power Parity conversion factor1.2106.84
Price level ratio of PPP conversion factor GDP to market exchange rate0.580.97
GDP per capita, PPP adjusted$10k$2.9k
GNI, Atlas method$5.2B$915.5M
GNI per capita$5.9k$3.1k
GNI, PPP adjusted$9B$951.3M
GNI per capita, PPP adjusted$10k$3.3k

Financial system and Human development

StatFijiVanuatu
Income Tax Rate29%0%
Corporate Tax Rate20%0%
Inflation, consumer prices4.1%2.8%
Inflation, GDP deflator0.9%2.9%
Unemployment4.2%5.4%
Economic Freedom Index63.460.7
Personal Freedom Index7.896.7
Human Freedom Index7.466.7
Property Rights Index69.968.3
Judical Effectiveness Index42.636.1
Business Freedom Index62.651.8
Fiscal Health Index84.278.4
Labor Freedom Index76.254.6
Investment Freedom Index5565
Financial Freedom Index5040
Trade Freedom Index52.863.4
Monetary Freedom Index72.574.6
Government Spending Index68.961.1
Tax Burden Index80.597.1
Government Integrity Index45.637.4
Corruption Perceptions Index5846
Life expectancy at birth, years67.370.2
Suicide mortality rate, per 100,000 people54.5
Mortality caused by road traffic injury, per 100,000 people9.615.9
Intentional homicides, per 100,000 people2.32.1
International tourism, number of arrivals870k116k

Government debt & reserves

StatFijiVanuatu
Central government debt, % of GDP49.7%50.5%
External debt stocks, % of GNI16.7%45.9%
External debt stocks$851.8M$402.2M
Short-term debt, % of total reserves4.7%10.7%
Total debt service, % of exports and primary income2%2.1%
Adjusted net savings including particulate emission damage, % of GNI8.1%20.8%
Gross savings, % of GDPN/A31.8%
Gross capital formation, % of GDPN/A26.4%
Total reserves including gold$947.7M$420.6M
Foreign direct investment net inflows$468.8M$37.6M

Exports, imports and economic structure

StatFijiVanuatu
Exports of goods and services, % of GDPN/A48.6%
Imports of goods and services, % of GDPN/A49.4%
Current account balance (balance of payments)-$470.1M$85.4M
Revenue excluding grants, % of GDP26.4%30.3%
Grants excluding technical cooperation, BoP$65.9M$57.9M
Personal remittances received$284.7M$35.2M
Industry including construction value added, % of GDP15.6%11.1%
Agriculture, forestry and fishing value added, % of GDP10.7%25.8%
Charges for the use of intellectual property, payments BoP$6.7M$543k
Charges for the use of intellectual property, receipts BoP$861k$718k
Expense, % of GDP28.3%25.6%
Government Expenditure, % of GDP32.2%36%

Compare with countries close by GDP per capita

Fiji vs

CountryGDP
per capita
Population
Lebanon
$8.3k
6.1M
Botswana
$8.3k
2.29M
Dominican Republic
$8.1k
10.4M
Gabon
$8k
2.03M
Dominica
$7.7k
73.9k
Saint Vincent
$7.4k
110k
Thailand
$7.3k
65.9M
Serbia
$7.2k
7.02M
Libya
$7.2k
6.68M
Turkmenistan
$7k
5.85M
Peru
$6.9k
29.4M
Colombia
$6.7k
49.1M
South Africa
$6.4k
57.7M
Ecuador
$6.3k
16.6M
Belarus
$6.3k
9.41M
Suriname
$6.2k
563k
North Macedonia
$6.1k
2.08M
Bosnia and Herzegovina
$6.1k
3.51M
Namibia
$5.9k
2.53M
Iraq
$5.8k
38.3M
Paraguay
$5.8k
6.81M
Iran
$5.6k
80M
Jamaica
$5.4k
2.89M
Albania
$5.3k
3.02M
Guyana
$5k
778k
Belize
$4.9k
375k
Azerbaijan
$4.7k
10M
Georgia
$4.7k
3.72M
Guatemala
$4.5k
17.3M
Tonga
$4.4k
108k

Vanuatu vs

CountryGDP
per capita
Population
Mongolia
$4.1k
3.08M
Algeria
$4.1k
41.3M
Sri Lanka
$4.1k
21.4M
El Salvador
$4.1k
6.42M
Indonesia
$3.9k
264M
Marshall Islands
$3.8k
53.1k
Tuvalu
$3.7k
11.2k
Cape Verde
$3.6k
546k
Bolivia
$3.5k
11.1M
Tunisia
$3.4k
11.6M
Angola
$3.4k
29.8M
Bhutan
$3.2k
808k
Morocco
$3.2k
36M
Moldova
$3.2k
2.55M
Palestine
$3.2k
4.68M
Philippines
$3.1k
105M
Ukraine
$3.1k
42.6M
Djibouti
$3.1k
957k
Papua New Guinea
$2.7k
8.25M
Vietnam
$2.6k
94.7M
Egypt
$2.5k
94.8M
Laos
$2.5k
6.86M
Honduras
$2.5k
9.27M
Ghana
$2.2k
26.9M
Congo
$2.1k
5.26M
Zimbabwe
$2.1k
16.5M
Solomon Islands
$2.1k
611k
East Timor
$2k
1.3M
Syria
$2k
18.3M
Nicaragua
$2k
6.22M