GDP Country Comparison
Fiji vs. New Zealand BY: Manny Ray
The above graph shows how Fiji and New Zealand focus their money. Fiji focuses more money on agriculture, while New Zealand inputs more into the industry sector. The richer countries focus on the growing, modern sector of industry, while the poorer countries target their main source of production, agriculture. The rich countries move their focus towards the new developing sectors, while the poor countries are trapped in farming, with little profit. The poor countries do not have big cities and cannot advance their economy.
These graphs compare Fiji and New Zealand's different GDPs as well as their Real Growth Rate. The data shows that New Zealand is an overall richer country with a $136 billion GDP- purchasing power versus Fiji's $4.45 billion ; likewise New Zealand has a $30,400 GDP- per capita compared to Fiji's $4,900. Fiji is currently the poorer country due to this data, however the Real Growth Rate shows that Fiji is growing at a greater rate than New Zealand, 2.5% compared to 3%. Fiji may be poorer now, but if they continue to grow they can further their economy. The world rank helps this comparison as well because New Zealand is ranked higher in GDP purchasing power and per capita, while Fiji is ahead in real growth rate, 116th versus 130th