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Fiji GDP and Economic Data

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 (2018)

International Monetary Fund (IMF), data retrieved October 2019

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Gross Domestic Product - GDP

USD 5.1 billion (2018, estimate)

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GDP (Purchasing Power Parity)

Intl$ 9.1 billion (2018, estimate)

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Real GDP growth
2014 2015 2016 2017* 2018*
5.6% 3.8% 0.7% 3% 3.2%

*Estimate

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GDP per capita - current prices

USD 5,751.7 (2018, estimate)

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GDP per capita - PPP

Intl$ 10,233.6 (2018, estimate)

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GDP (PPP) - share of world total
1980 1990 2000 2010 2019*
0.01% 0.01% 0.01% 0.01% 0.007%

*Estimate

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GDP - composition by sector
  • agriculture: 10.4% 
  • industry: 16.1% 
  • services: 54%

(2018 estimate)

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

N/A

 

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Inflation
2015 2016 2017 2018* 2019*
1.4% 3.9% 3.4% 4.1% 3.5%

*Estimate

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Unemployment rate
2015 2016 2017* 2018* 2019*
5.5% 5.5% 4.5% 4.5% 4.5%

*Estimate

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Household saving rates

N/A

 

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Public debt (General government gross debt as a % of GDP)
2015 2016 2017 2018* 2019*
43% 44% 43.7% 46.2% 46.8%

*Estimate

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Public deficit (General government net lending/borrowing as a % of GDP)
2015 2016 2017 2018* 2019*
-3.8% -1.3% -1.8% -5.5% -3.1%

*Estimate

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Government bond ratings

Standard & Poor's: BB-

Moody's: Ba3

Standard & Poor's / Moody's 

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Market value of publicly traded shares
2016 2017 2018
N/A N/A N/A
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Largest companies

N/A

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Current account balance

USD -0.5 billion (2018 estimate)

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Current account balance by percentage of GDP

-8.9% (2018 estimate)

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

N/A

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Shares in world total merchandising export

0.01% (2018)

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Shares in world total commercial services export

0.03% (2018)

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Total exports

USD 2.6 billion (2018)

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Export commodities

Fuel, including oil, fish, beverages, gems, sugar, garments, gold, timber, fish, molasses, coconut oil, mineral water

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Total imports

USD 3.1 billion (2018 estimate)

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Import commodities

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

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Exports - major partners

US 20.8%, Australia 14.9%, NZ 7.7%, Tonga 5%, Vanuatu 4.6%, China 4.5%, Spain 4.3%, UK 4.3%, Kiribati 4.1% (2017)

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Imports - major partners

Australia 19.2%, NZ 17.2%, Singapore 17%, China 13.8% (2017)

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FDI inflows
2016 2017 2018
USD 390 million USD 386 million USD 344 million
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FDI outflows
2016 2017 2018
USD -16.4 million USD -1.6 million USD -3.6 million
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Value of cross-border M&A, by country of purchaser
2015 2016 2017 2018
N/A N/A N/A N/A
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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:

102 out of 190 countries

​Subcategories: 
Starting a Business: 163 out of 190 countries
Dealing with Construction Permits: 102 out of 190 countries
Getting Electricity: 97 out of 190 countries
Registering Property: 57 out of 190 countries
Getting Credit: 165 out of 190 countries
Protecting Minority Investors: 97 out of 190 countries
Paying Taxes: 101 out of 190 countries
Trading across Borders: 79 out of 190 countries
Enforcing Contracts: 101 out of 190 countries
Resolving Insolvency: 98 out of 190 countries
World Bank - Doing Business 2019

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Global competitiveness ranking

N/A

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Index of Economic Freedom

Ranking: 81 / Score: 62.2 (Moderately free)

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Time zone

UTC+1

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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 2015 2020*
0.74 million 0.8 million 0.85 million 0.87 million 0.9 million

*Estimate 

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Urban population as % of total population
1960 1980 2000 2018
29.7% 37.8% 47.9% 56.2%
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Population median age

29.2 years 

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Population growth rate

0.56% (2018 estimate)

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Life expectancy

73.2 years (2018 estimate)

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Literacy

N/A

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% of population living on less than $3.10 a day

14.1% (last available estimate, 2013)

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Inequality of wealth distribution (Gini index)

36.7 (last available estimate, 2013)

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Freedom House rating

Partly Free
Political Rights: 3
Civil Liberties: 3 (2019)            

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

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Total telephone subscribers as % of population

Fixed: 8.7% Mobile: 0% (2018) (fixed-telephone subscribers and mobile-cellular subscribers)
​(fixed-telephone subscribers and mobile-cellular subscribers)

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Internet users as % of total population

49.97 % (2017)

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Mercer Cost of living index

N/A

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CO2 emissions

1.35 metric tons per capita (2014)

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