This page has economic forecasts for Fiji including a long-term outlook for the next decades, plus medium-term expectations for the next four quarters and short-term market predictions for the next release affecting the Fiji economy.


MARKETS Actual Q4/18 Q1/19 Q2/19 Q3/19 2020
Currency 2.12
2.13 2.14 2.16 2.17 2.22
GDP Actual Q4/18 Q1/19 Q2/19 Q3/19 2020
GDP Annual Growth Rate 4.20
percent
3 2.8 2.4 2.2 2.4
GDP 5.06
USD Billion
5.5 6 6 6 6.5
GDP per capita 4323.00
USD
4435 4578 4578 4578 4614
GDP per capita PPP 8703.00
USD
8820 8900 8900 8900 9020
LABOUR Actual Q4/18 Q1/19 Q2/19 Q3/19 2020
Unemployment Rate 6.31
percent
7.3 6.2 6.2 6.2 7.4
Population 0.91
Million
0.91 0.91 0.91 0.92 0.93
PRICES Actual Q4/18 Q1/19 Q2/19 Q3/19 2020
Inflation Rate 5.20
percent
4 3.8 3.7 3.6 3
Inflation Rate Mom 0.60
percent
0.4 0.3 0.3 0.3 0.2
Consumer Price Index Cpi 122.90
Index Points
122 124 125 127 130
CPI Housing Utilities 97.10
Index Points
98.49 101 99.66 100 105
CPI Transportation 102.80
Index Points
103 104 105 106 110
Food Inflation 7.70
percent
3.26 6.04 5.5 5.13 4.5
Producer Prices 103.50
Index Points
105 105 105 104 109
Producer Prices Change 1.40
percent
2.3 1.8 1.7 0.92 2
MONEY Actual Q4/18 Q1/19 Q2/19 Q3/19 2020
Interest Rate 0.50
percent
0.5 1 1 1 1.5
Deposit Interest Rate 3.33
percent
3.33 3.83 3.83 3.83 4.33
TRADE Actual Q4/18 Q1/19 Q2/19 Q3/19 2020
Balance of Trade -314191.00
FJD Thousand
-270194 -268834 -268337 -268429 -268457
Exports 186012.00
FJD Thousand
171647 172452 172850 172802 172783
Imports 500203.00
FJD Thousand
443575 441287 441188 441231 441241
Current Account -242.60
FJD Million
-142 -178 -196 -127 -154
Current Account to GDP -7.40
percent
-6 -4.4 -4.4 -4.4 -3.6
Tourism Revenues 480.30
FJD Million
461 461 461 461 461
Tourist Arrivals 88693.00
88500 88500 88500 88500 88500
Gold Reserves 0.03
Tonnes
0.03 0.03 0.03 0.03 0.03
GOVERNMENT Actual Q4/18 Q1/19 Q2/19 Q3/19 2020
Government Debt to GDP 44.00
percent
52 55 55 55 53
Government Budget -4.50
percent of GDP
-4 -3.6 -3.6 -3.6 -3.5
Military Expenditure 43.63
USD Million
44 43 43 43 43
BUSINESS Actual Q4/18 Q1/19 Q2/19 Q3/19 2020
Internet Speed 9530.44
KBps
12135 12475 12808 13134 15766
IP Addresses 38087.00
IP
33210 37543 33314 37465 33702
Industrial Production 3.80
percent
-0.09 0.9 1.22 1.31 0.92
Ease of Doing Business 101.00
102 104 104 104 106
CONSUMER Actual Q4/18 Q1/19 Q2/19 Q3/19 2020
Retail Sales Yoy 4.70
percent
6.33 5.41 4.55 4.45 5.51
HOUSING Actual Q4/18 Q1/19 Q2/19 Q3/19 2020
Building Permits 415.00
414 413 413 413 413
TAXES Actual Q4/18 Q1/19 Q2/19 Q3/19 2020
Corporate Tax Rate 20.00
percent
20 20 20 20 20
Personal Income Tax Rate 20.00
percent
20 20 20 20 20
Sales Tax Rate 9.00
percent
9 9 9 9 9
Social Security Rate 18.00
percent
18 18 18 18 18
Social Security Rate For Companies 10.00
percent
10 10 10 10 10
Social Security Rate For Employees 8.00
percent
8 8 8 8 8
CLIMATE Actual Q4/18 Q1/19 Q2/19 Q3/19 2020
Precipitation 261.22
mm
223 374 219 219 233
Temperature 24.95
celsius
25.14 26.65 25.68 25.36 25.63



Fiji - Economic Forecasts - 2018-2020 Outlook