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Economy of Fiji vs Vietnam compared: GDP & Debt

Updated on by Georank

Fiji has a GDP of $6.2B compared to $515B for Vietnam, ranking 161/197 and 33/197 by economy size, respectively.

Fiji has $4.88B in government debt (78.7% of GDP), compared to $156B (30.3% of GDP) in Vietnam.

Fiji vs Vietnam GDP by year

Fiji
Vietnam
1x
Year GDP, current $
Fiji Vietnam
2025 $6,198,013,062 $514,697,215,165
2024 $5,968,125,909 $476,324,572,784
2023 $5,476,673,518 $433,805,036,898
2022 $4,977,861,886 $413,445,230,669
2021 $4,158,873,156 $366,474,752,771
2020 $4,227,719,873 $346,615,738,538
2019 $5,344,907,153 $334,365,270,497
2018 $5,581,425,327 $310,106,478,395
2017 $5,353,469,174 $281,353,605,987
2016 $4,930,213,644 $257,096,001,178
2015 $4,682,479,894 $239,258,328,382
2014 $4,857,104,769 $233,451,469,643
2013 $4,189,967,999 $213,708,811,665
2012 $3,972,028,104 $195,590,661,129
2011 $3,779,411,899 $172,595,049,184
2010 $3,140,166,713 $147,201,173,197
2009 $2,870,624,636 $106,014,659,565
2008 $3,523,185,920 $99,130,304,099
2007 $3,378,314,600 $77,414,425,532
2006 $3,076,305,453 $66,371,664,817
2005 $2,980,403,845 $57,633,255,738
2004 $2,708,078,477 $45,427,854,693
2003 $2,300,492,465 $39,552,513,232
2002 $1,833,279,985 $35,064,105,501
2001 $1,652,462,023 $32,685,198,809
2000 $1,678,219,508 $31,172,518,403
1999 $1,936,459,986 $28,683,659,007
1998 $1,653,146,717 $27,209,602,050
1997 $2,090,221,137 $26,843,700,442
1996 $2,128,696,644 $24,657,470,575
1995 $1,970,301,486 $20,736,164,459
1994 $1,825,732,093 $16,286,433,533
1993 $1,636,101,247 $13,180,953,598
1992 $1,532,411,039 $9,866,990,236
1991 $1,383,883,250 $9,613,369,520
1990 $1,337,017,559 $6,471,740,806
1989 $1,182,660,266 $6,293,304,975
1988 $1,110,009,523 $25,423,812,649
1987 $1,177,947,965 $36,658,108,850
1986 $1,290,267,340 $26,336,616,250
1985 $1,141,168,944 $14,094,687,821
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 (1960–2025, retrieved 2026-07-08).

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

GDP per capita in Fiji vs Vietnam by year

Fiji
GDP per capita

GDP per capita, PPP
Vietnam
GDP per capita

GDP per capita, PPP
1x
Year Current $
Fiji Vietnam
GDP per capita GDP per capita, PPP GDP per capita GDP per capita, PPP
2025 $6,642 - $5,066 -
2024 $6,426 $15,450 $4,717 $16,386
2023 $5,926 $14,644 $4,323 $15,034
2022 $5,414 $12,982 $4,148 $13,905
2021 $4,537 $10,322 $3,704 $12,049
2020 $4,621 $10,716 $3,534 $11,609
2019 $5,842 $12,978 $3,441 $11,029
2018 $6,085 $12,984 $3,222 $10,010
2017 $5,827 $12,585 $2,956 $9,170
2016 $5,364 $11,766 $2,735 $8,375
2015 $5,098 $11,519 $2,578 $7,672
2014 $5,293 $10,516 $2,546 $7,297
2013 $4,572 $8,842 $2,360 $6,758
2012 $4,341 $8,204 $2,185 $6,377
2011 $4,140 $7,672 $1,951 $5,786
2010 $3,449 $7,339 $1,683 $5,389
2009 $3,164 $7,068 $1,226 $5,061
2008 $3,900 $7,154 $1,164 $4,844
2007 $3,763 $6,990 $926 $4,581
2006 $3,455 $6,921 $808 $4,237
2005 $3,378 $6,652 $711 $3,894
2004 $3,097 $6,463 $565 $3,543
2003 $2,656 $6,033 $497 $3,240
2002 $2,137 $5,914 $445 $3,002
2001 $1,945 $5,699 $419 $2,809
2000 $1,996 $5,521 $404 $2,614
1999 $2,328 $5,552 $376 $2,421
1998 $2,010 $5,090 $361 $2,308
1997 $2,574 $5,031 $362 $2,189
1996 $2,648 $5,109 $337 $2,019
1995 $2,467 $4,818 $287.8 $1,841
1994 $2,297 $4,627 $229.9 $1,674
1993 $2,070 $4,334 $189.4 $1,534
1992 $1,951 $4,172 $144.5 $1,413
1991 $1,775 $3,873 $143.7 $1,298
1990 $1,729 $3,882 $98.8 $1,210
1989 $1,543 - $98.1 -
1988 $1,463 - $405 -
1987 $1,569 - $595 -
1986 $1,745 - $436 -
1985 $1,577 - $238.6 -
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 (1960–2025, retrieved 2026-07-08).

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

Fiji's GDP per capita is $6,642, ranking 106/197, compared to $5,066 in Vietnam, ranking 122/197. Adjusted for purchasing power (GDP per capita PPP), Fiji ranks 113th at $15,450, while Vietnam ranks 108th at $16,386.

Economic indicators

Fiji Vietnam
Gross domestic product
$6.2B
2025
$515B
2025
GDP rank
161/197
2025
33/197
2025
GDP growth
3.2%
2024-2025
8.02%
2024-2025
GDP per capita
$6,642
2025
$5,066
2025
GDP per capita rank
106/197
2025
122/197
2025
GDP per capita, PPP
$15,450
2024
$16,386
2024
GDP per capita PPP rank
113/197
2024
108/197
2024
Government debt
$4.88B
2025
$156B
2025
Debt-to-GDP ratio
78.7%
2025
30.3%
2025
Government debt per person
$5,227
2025
$1,537
2025
Government debt per person rank
82/185
2025
130/185
2025
Average annual personal income after taxes
$4,553
2026
$5,133
2026
Market capitalization of domestic companies n/a
$316B
2025
Number of billionaires n/a
5
2026
Income share by richest 10%
24.2%
2019
28.1%
2022
Income share by poorest 10%
3.5%
2019
2.6%
2022
Government expenditure, % of GDP
31.5%
2025
22.1%
2025
Consumer prices inflation
-1.38%
2024-2025
3.3%
2024-2025
Central bank interest rate
0.25%
2020
4.5%
2023
Unemployment rate
5.36%
2024
1.53%
2024
Population
939479
102486146

Spending and national debt comparison by year

Fiji
Spending

Debt
Vietnam
Spending

Debt
1x
Year % of GDP
Fiji Vietnam
Government spending Government debt Government spending Government debt
2025 31.5% 78.7% 22.1% 30.3%
2024 30.8% 79.1% 19.1% 31.2%
2023 30.2% 82.9% 18.8% 34.3%
2022 33.9% 91.5% 18.2% 34.9%
2021 35.8% 86.7% 20.1% 39.2%
2020 32.7% 65.8% 21.3% 41.3%
2019 30.7% 49.5% 19.8% 41%
2018 32.5% 45.8% 20.5% 43.8%
2017 28.1% 43.4% 21.5% 46.6%
2016 32.1% 44.6% 22.2% 47.9%
2015 30.6% 44.3% 24.2% 46.1%
2014 30.2% 46.2% 22.8% 43.6%
2013 25.9% 47.4% 24.5% 41.4%
2012 26% 48.6% 23.5% 38.3%
2011 26.5% 51% 21.2% 36.2%
2010 25.5% 53.4% 23.7% 37.3%
2009 26.2% 51.5% 25% 36.2%
2008 22.8% 47.9% 21.4% 31%
2007 23.5% 46.4% 22.3% 32.2%
2006 25.4% 50.3% 20.5% 30.2%
2005 24% 45.3% 20.6% 28.7%
2004 24.7% 45.9% 19.4% 29.4%
2003 26.7% 46.4% 22.2% 29.8%
2002 28.1% 44.5% 19.7% 27.7%
2001 27% 41.9% 19.2% 25.4%
2000 24.2% 35.9% 17.8% 24.8%
1999 24.6% 34.7% 16.7% -
1998 27.7% 37.9% 16% -
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/vietnam | CC BY

In 2025, Fiji's government spending was $1.95B, accounting for 31.5% of its GDP, while Vietnam spent $114B, or 22.1% of GDP.

Debt-to-GDP ratio is 78.7% in Fiji and 30.3% in Vietnam, ranking 45/185 and 153/185, respectively.

Government deficit by year

Deficit/surplus
Fiji

Vietnam
1x
Year Deficit/surplus, % of GDP
Fiji Vietnam
2025 -2.46% -2.2%
2024 -3.44% -1.54%
2023 -7.15% -1.72%
2022 -12.3% 0.67%
2021 -14.2% -1.43%
2020 -8.34% -2.86%
2019 -3.65% -0.4%
2018 -4.82% -1.02%
2017 -2.28% -1.96%
2016 -5.7% -3.16%
2015 -3.91% -4.98%
2014 -3.48% -5.02%
2013 -0.08% -5.96%
2012 -0.68% -5.46%
2011 -0.72% -0.9%
2010 -1.29% -2.25%
2009 -2.76% -4.82%
2008 1.56% -0.45%
2007 0.36% -1.74%
2006 -0.76% 0.2%
2005 -1.18% -0.95%
2004 -0.98% -0.15%
2003 -3.46% -2.56%
2002 -3.68% -1.85%
2001 -4.5% -2.19%
2000 -1.33% -1.61%
1999 1.17% -1.25%
1998 5.4% -0.1%
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/vietnam | CC BY

In 2025, Fiji's government deficit, the difference between spending and revenue, was $153M, equivalent to 2.46% of GDP. This compares to Vietnam's deficit of $11.3B, or 2.2% of GDP.

Over the past 28 years, Fiji recorded a fiscal deficit in 24 of those years, while Vietnam ran a deficit in 26 years. On average, Fiji posted an annual deficit equal to 3.02% of GDP, compared to deficit of 2.06% of GDP for Vietnam.

Inflation comparison by year

Inflation
Fiji

Vietnam
1x
Year Consumer prices inflation
Fiji Vietnam
2025 -1.38% 3.3%
2024 3.89% 3.6%
2023 2.98% 3.3%
2022 6.08% 3.2%
2021 1.53% 1.8%
2020 -1.7% 3.2%
2019 1.79% 2.8%
2018 4.08% 3.5%
2017 3.35% 3.5%
2016 3.86% 2.7%
2015 1.37% 0.6%
2014 0.52% 4.1%
2013 2.91% 6.6%
2012 3.42% 9.1%
2011 7.28% 18.7%
2010 3.69% 10.5%
2009 3.13% 6.7%
2008 7.73% 23.1%
2007 4.8% 8.3%
2006 2.49% 7.5%
2005 2.37% 8.4%
2004 2.83% 7.9%
2003 4.17% 3.3%
2002 0.76% 4.1%
2001 4.27% -0.3%
2000 1.09% -1.8%
1999 1.97% 4.1%
1998 5.71% 7.2%
1997 3.37% 3.1%

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

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

Over the past 29 years, Fiji has recorded an average annual inflation rate of 3.05%, compared with 5.59% in Vietnam. In 2025, inflation was -1.38% in Fiji and 3.3% in Vietnam.

Top exports between countries

Fiji
Export category Export value
Animal & marine products $7.59M
Processed food, beverages & tobacco $6.54M
Miscellaneous $456K
Textiles & consumer goods $38K
Chemicals & pharma $35K
Metals $28K
Wood & paper products $11K
Machinery & equipment $1K
Vietnam
Export category Export value

Balance of trade

Fiji Vietnam
Current account balance
-$464M
2024
$30.2B
2024
Current account balance ranking
104/190
2024
18/190
2024
Current account balance, % of GDP
-7.78%
2024
+6.33%
2024
Goods imports
$2.86B
2024
$363B
2024
Goods exports
$1.13B
2024
$407B
2024
Service imports
$996M
2024
$35.6B
2024
Service exports
$2.12B
2024
$25B
2024
Imports of goods and services, % of GDP
64.6%
2024
92.1%
2025
Exports of goods and services, % of GDP
54.4%
2024
98.2%
2025

Economic freedom indices

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

Fiji Vietnam
Economic freedom 59.5 64.4
Economic freedom ranking 103/197 73/197
Property rights 59.9 47.3
Government integrity 55.4 39.2
Judicial effectiveness 53.2 31.3
Tax burden 87.8 80.9
Government spending 70 89.5
Fiscal health 7.5 96.9
Business freedom 69.5 70
Labor freedom 66.9 54.7
Monetary freedom 72.4 73.2
Trade freedom 66.6 79.8
Investment freedom 55 60
Financial freedom 50 50

Economic freedom comparison by year

Fiji
Vietnam
1x
Year Economic freedom index
Fiji Vietnam
2026 59.5 64.4
2025 59.1 65.2
2024 58 62.8
2023 58 61.8
2022 56.4 60.6
2021 62.2 61.7
2020 63.4 58.8
2019 62.2 55.3
2018 62 53.1
2017 63.4 52.4
2016 58.8 54
2015 59 51.7
2014 58.7 50.8
2013 57.2 51
2012 57.3 51.3
2011 60.4 51.6
2010 60.3 49.8
2009 61 51
2008 61.8 50.4
2007 60.8 49.8
2006 58.4 50.5
2005 58.2 48.1
2004 58 46.1
2003 54.7 46.2
2002 53.9 45.6
2001 53.7 44.3
2000 57.8 43.7
1999 58.4 42.7
1998 58.2 40.4
1997 58 38.6
1996 57.4 40.2
1995 54.7 41.7

Data sources: The Heritage Foundation | Economic Freedom Index (1995–2026, retrieved 2026-07-08).

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

The Economic Freedom Index for Fiji is 59.5, ranking 103/197, compared to 64.4 for Vietnam, ranking 73/197. The chart above displays a comparison of annual changes in economic freedom indexes.

Other economic metrics

Fiji Vietnam
Services, % of GDP
57%
2025
42.7%
2025
Industry, % of GDP
13.9%
2025
37.6%
2025
Agriculture, forestry, and fishing, % of GDP
14%
2025
11.6%
2025
GNI, Atlas method
$5.81B
2025
$505B
2025
GNI per capita, PPP
$15,360
2025
$17,580
2025
Total reserves including gold
$1.66B
2025
$85.6B
2025
Total reserves ranking
130/177
2025
33/177
2025
Net foreign direct investment
-$178M
2024
-$19.6B
2024
Net inflows of foreign direct investment
$204M
2024
$20.2B
2024
Net outflows of foreign direct investment
$25.6M
2024
$600M
2024
Servicing debt to the IMF, % of GNI
4.36%
2024
7.29%
2024
Poverty at national poverty lines
31%
2020
4.2%
2022
Gross capital formation, % of GDP
20.9%
2024
30.8%
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/vietnam | 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. 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 (2023–2025, 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.