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Fiji GDP and Economic Data

Country Report 2017 - Includes Fiji real Gross Domestic Product growth rate, with latest forecasts and historical data, GDP per capita, GDP composition and breakdown by sector.

Browse additional economic indicators and data sets, selected by Global Finance editors, to learn more about Fiji economic outlook, debt to GDP ratio, international trade performance and population trends. Rankings of Fiji best banks and safest banks are also available.

 
 
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Central bank

Reserve Bank of Fiji

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International Reserves

USD 0.9 billion (2015)

International Monetary Fund (IMF), data retrieved January 2017

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Gross Domestic Product - GDP

USD 4.8 billion (2017, estimate)

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GDP (Purchasing Power Parity)

Intl$ 8.9 billion (2017, estimate)

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Real GDP growth
2006 2007 2008 2009 2010 2011 2012
1.9% -0.9% 1% -1.4% 3% 2.7% 1.4%
2013 2014 2015* 2016* 2017*    
4.7% 5.3% 4.3% 2.5% 3.9%    

*Estimate

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GDP per capita - current prices

USD 5,322.5 (2017, estimate)

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GDP per capita - PPP

Intl$ 9,877.4 (2017, estimate)

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GDP (PPP) - share of world total
1980 1990 2000 2010 2017*
0.01% 0.01% 0.01% 0.01% 0.007%

*Estimate

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GDP - composition by sector
  • agriculture: 10.6% 
  • industry: 18.4% 
  • services: 71%

(2016 estimate)

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Gross domestic expenditure on R&D; (% of GDP)

N/A

 

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Inflation
2013 2014 2015 2016* 2017*
2.9% 0.5% 1.4% 3.3% 2.8%

*Estimate

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Unemployment rate
2013* 2014* 2015* 2016* 2017*
8.7% 8.8% 8.8% 8.8% 8.8%

*Estimate

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Household saving rates

N/A

 

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Public debt (General government gross debt as a % of GDP)
2013 2014 2015 2016* 2017*
49.5% 47.7% 48.1% 49.2% 50.4%

*Estimate

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Public deficit (General government net lending/borrowing as a % of GDP)
2013 2014 2015 2016* 2017*
-0.6% -4.3% -3.4% -5.7% -4.9%

*Estimate

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Government bond ratings

Standard & Poor's: B+

Moody's: B1

Standard & Poor's / Moody's (Updated January 2017)

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Market value of publicly traded shares
2013 2014 2015
N/A N/A N/A
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Largest companies

N/A

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Current account balance

USD -0.3 billion (2017 estimate)

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Current account balance by percentage of GDP

-7.0% (2017 estimate)

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Exports as percent of GDP (Exports of goods and services)

51.8% (2015)

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Shares in world total merchandising export

0.007% (2015)

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Shares in world total commercial services export

0.02% (2015)

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Total exports

USD 1.0 billion (2016 estimate)

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Export commodities

Sugar, garments, gold, timber, fish, molasses, coconut oil, mineral water

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Total imports

USD 2.4 billion (2016 estimate)

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Import commodities

Manufactured goods, machinery and transport equipment, petroleum products, food, chemicals

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Exports - major partners

US 13.4%, Australia 10.2%, Samoa 6.7%, Tonga 5.9% (2015)

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Imports - major partners

China 16.2%, South Korea 15.7%, NZ 14%, Australia 13.4%, Singapore 8.7%, France 7% (2015)

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FDI inflows
2013 2014 2015
USD 264 million USD 343 million USD 332 million
Source
FDI outflows
2013 2014 2015
USD 4.4 million USD 38.3 million USD -43.6 million
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Value of cross-border M&A, by country of purchaser
2012 2013 2014 2015
N/A USD 1.6 million N/A N/A
Source
Cross-border M&A deals worth over $3 billion completed in 2014

N/A

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Cross-border M&A deals worth over $3 billion completed in 2015

N/A

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Best countries for doing business

Economies are ranked on their ease of doing business. A high ease of doing business ranking means the regulatory environment is more conducive to the starting and operation of a local firm.

Overall ranking: 97 out of 190 countries (2016)

Subcategories:

Starting a business: 159 out of 190 countries

Enforcing Contracts: 86 out of 190 countries

Registering Property: 55 out of 190 countries

Getting credit: 157 out of 190 countries

Protecting investors: 106 out of 190 countries

Trading across border: 75 out of 190 countries

Paying Taxes: 110 out of 190 countries

Dealing with Construction Permits: 101 out of 190 countries

Getting Electricity: 82 out of 190 countries

Resolving Insolvency: 90 out of 190 countries

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Global competitiveness ranking

N/A

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Index of Economic Freedom

Ranking: 107 / Score: 58.78 (Mostly unfree) (2017)

(100=totally free 0=totally repressed)

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Time zone

UTC+12

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Total area

18,274 sq km

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Capital

Suva (on Viti Levu)

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Currency

Fijian dollars (FJD)

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Government type

Parliamentary republic

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Languages

English (official), Fijian (official), Hindustani

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Religions

Protestant 45% (Methodist 34.6%, Assembly of God 5.7%, Seventh Day Adventist 3.9%, and Anglican 0.8%), Hindu 27.9%, other Christian 10.4%, Roman Catholic 9.1%, Muslim 6.3%, Sikh 0.3%, other 0.3%, none 0.8% (2007 est.)

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Total population
1990 2000 2010 2016* 2021*
0.729 million 0.811 million 0.86 million 0.895 million 0.918 million

*Estimate 

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Urban population as % of total population
1960 1980 2000 2015
30% 38% 48% 54%
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Population median age

28.6 years (2016 estimate)

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Population growth rate

0.63% (2016 estimate)

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Life expectancy

72.7 years (2016 estimate)

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Literacy

N/A

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% of population living on less than $3.10 a day

N/A

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Inequality of wealth distribution (Gini index)

N/A

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Freedom House rating

Political Rights: 3
Civil Liberties: 4 (2017)                         

(1 represents the most free, 7 the least free rating)

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Total telephone subscribers as % of population

Fixed 8.13%   Mobile 108.20% (2015)
​(fixed-telephone subscribers and mobile-cellular subscribers)

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Internet users as % of total population

46.33% (2015)

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Mercer Cost of living index

N/A

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CO2 emissions

1.9 (2013)

Source
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