Markets Actual Q4 Q1 Q2 Q3 2022
Currency 2.07 2.09 2.1 2.11 2.12 2.14

Overview Actual Q4 Q1 Q2 Q3 2022
GDP Annual Growth Rate (%) -19.00 3 7.3 7.3 8 7.3
Unemployment Rate (%) 4.80 4.6 4.5 4.5 4.5 4.5
Inflation Rate (%) 0.80 1.7 2 1.5 2 1.8
Interest Rate (%) 0.25 0.25 0.25 0.5 0.5 0.5
Balance of Trade (FJD Thousand) -211490.00 -359000 -359000 -359000 -359000 -456000
Current Account to GDP (% of GDP) -13.80 -8 -7 -7 -7 -7
Government Debt to GDP (% of GDP) 65.20 73 73 73 73 70
Government Budget (% of GDP) -6.00 -6 -3 -3 -3 -3
Corporate Tax Rate (%) 20.00 20 20 20 20 20
Personal Income Tax Rate (%) 20.00 20 20 20 20 20

GDP Actual Q4 Q1 Q2 Q3 2022
GDP Annual Growth Rate (%) -19.00 3 7.3 7.3 8 7.3
GDP (USD Billion) 4.38 4.8 4.8 4.8 4.8 5.1
GDP per capita (USD) 3808.20 4700 4810 4810 4810 4810
GDP per capita PPP (USD) 10997.47 12000 12800 12800 12800 12800

Labour Actual Q4 Q1 Q2 Q3 2022
Unemployment Rate (%) 4.80 4.6 4.5 4.5 4.5 4.5
Population (Million) 0.89 0.9 0.9 0.9 0.9 0.91

Prices Actual Q4 Q1 Q2 Q3 2022
Inflation Rate (%) 0.80 1.7 2 1.5 2 1.8
Food Inflation (%) 7.10 3.5 2 2 2 3
Consumer Price Index CPI (points) 112.50 126 112 114 114 114
CPI Housing Utilities (points) 96.10 108 94.38 96.7 96.93 96.08
CPI Transportation (points) 102.90 103 104 104 105 105
Producer Prices (points) 106.00 108 108 108 108 110
Producer Prices Change (%) -0.20 1.4 2 2 2 2
Inflation Rate Mom (%) 0.40 0.4 0.4 0.4 0.4 0.4

Money Actual Q4 Q1 Q2 Q3 2022
Interest Rate (%) 0.25 0.25 0.25 0.5 0.5 0.5
Deposit Interest Rate (%) 3.70 3.33 3.7 3.7 3.95 3.95

Trade Actual Q4 Q1 Q2 Q3 2022
Balance of Trade (FJD Thousand) -211490.00 -359000 -359000 -359000 -359000 -456000
Current Account to GDP (% of GDP) -13.80 -8 -7 -7 -7 -7
Imports (FJD Thousand) 351434.00 512000 512000 512000 512000 612000
Exports (FJD Thousand) 139944.00 153000 153000 153000 153000 156000
Tourism Revenues (FJD Million) 2.80 220 220 220 220 500
Tourist Arrivals 419.00 7800 7800 7800 7800 12500

Government Actual Q4 Q1 Q2 Q3 2022
Government Debt to GDP (% of GDP) 65.20 73 73 73 73 70
Government Budget (% of GDP) -6.00 -6 -3 -3 -3 -3
Military Expenditure (USD Million) 75.10 43 43 43 43 43

Taxes Actual Q4 Q1 Q2 Q3 2022
Corporate Tax Rate (%) 20.00 20 20 20 20 20
Personal Income Tax Rate (%) 20.00 20 20 20 20 20
Sales Tax Rate (%) 9.00 9 9 9 9 9
Social Security Rate (%) 10.00 18 18 18 18 18
Social Security Rate For Companies (%) 5.00 10 10 10 10 10
Social Security Rate For Employees (%) 5.00 8 8 8 8 8

Business Actual Q4 Q1 Q2 Q3 2022
Industrial Production (%) -10.50 2.5 2.5 2.5 2.5 2.3

Consumer Actual Q4 Q1 Q2 Q3 2022
Retail Sales Yoy (%) -3.11 3.5 3.5 3.5 3.5 3.2


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.