Fiji | Economic Forecasts | 2017-2020 Outlook

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 Q2/17 Q3/17 Q4/17 Q1/18 2020
Currency 2.07 2.09 2.11 2.17 2.15 2.48 [+]
GDP Actual Q2/17 Q3/17 Q4/17 Q1/18 2020
GDP Annual Growth Rate 2.00 3.6 3.6 3.6 3 2.4 percent [+]
GDP 4.39 4.42 4.42 4.42 4.34 4.59 USD Billion [+]
GDP per capita 4349.52 4100 4378 4100 4468 4230 USD [+]
GDP per capita PPP 8756.40 8750 8750 8750 9109 9020 USD [+]
LABOUR Actual Q2/17 Q3/17 Q4/17 Q1/18 2020
Unemployment Rate 7.90 7.5 7.5 7.5 7.3 7.4 percent [+]
Population 0.87 0.86 0.87 0.87 0.87 0.88 Million [+]
PRICES Actual Q2/17 Q3/17 Q4/17 Q1/18 2020
Inflation Rate 2.50 2.1 1.9 3.3 2.3 3.5 percent [+]
Producer Prices 114.40 115 115 116 116 119 Index Points [+]
Producer Prices Change 1.70 -0.02 -0.51 -0.69 -0.39 0.29 percent [+]
Cpi Housing Utilities 96.00 96.04 96.76 97.13 97.34 97.66 Index Points [+]
Inflation Rate Mom -0.50 0.38 0.33 0.24 0.28 0.27 percent [+]
Food Inflation -4.80 -3.97 -0.25 1.68 2.87 4.73 percent [+]
Cpi Transportation 100.10 100 100 100 100 100 Index Points [+]
Consumer Price Index Cpi 116.10 116 116 116 116 116 Index Points [+]
MONEY Actual Q2/17 Q3/17 Q4/17 Q1/18 2020
Interest Rate 0.50 0.5 1 1 1 1.5 percent [+]
Deposit Interest Rate 2.50 2.31 2.43 2.55 2.48 2.36 percent [+]
TRADE Actual Q2/17 Q3/17 Q4/17 Q1/18 2020
Balance of Trade -281691.00 -260477 -261043 -260970 -260979 -260978 Thousand FJD [+]
Exports 137043.00 157325 156752 156553 156597 156605 Thousand FJD [+]
Imports 418734.00 418228 418818 418495 418429 418435 Thousand FJD [+]
Current Account 38.80 67.17 75.15 101 94.31 88.44 FJD Million [+]
Current Account to GDP -3.30 -4 -4 -4 -3.7 -2.8 percent [+]
Tourism Revenues 471.50 354 414 450 392 415 FJD Million [+]
Tourist Arrivals 68495.00 68509 68528 68529 68529 68529 [+]
Gold Reserves 0.03 0.03 0.03 0.03 0.03 0.03 Tonnes [+]
GOVERNMENT Actual Q2/17 Q3/17 Q4/17 Q1/18 2020
Government Debt to GDP 46.20 48 48 48 52 53 percent [+]
Government Budget -4.70 -2.51 -2.6 -2.69 -2.59 -2.6 percent of GDP [+]
Military Expenditure 43.70 45.62 44.87 44.13 44.31 44.61 USD Million [+]
BUSINESS Actual Q2/17 Q3/17 Q4/17 Q1/18 2020
Industrial Production 7.90 2.92 2.31 -1.97 -1.61 0.78 percent [+]
Ease of Doing Business 97.00 101 111 121 119 122 [+]
Corruption Index 40.00 40 40 40 40 40 Points [+]
Corruption Rank 55.00 55 55 55 55 55 [+]
CONSUMER Actual Q2/17 Q3/17 Q4/17 Q1/18 2020
Retail Sales Yoy 5.20 7.51 8.29 8.2 7.5 9.43 percent [+]
HOUSING Actual Q2/17 Q3/17 Q4/17 Q1/18 2020
Building Permits 414.00 418 420 419 419 419 [+]
TAXES Actual Q2/17 Q3/17 Q4/17 Q1/18 2020
Corporate Tax Rate 20.00 19.99 19.99 20 20 20 percent [+]
Personal Income Tax Rate 20.00 20 20 20 20 20 percent [+]
Sales Tax Rate 9.00 12 10.5 9 9 9 percent [+]
Social Security Rate 18.00 17.85 17.85 17.85 17.85 17.86 percent [+]
Social Security Rate For Companies 10.00 9.85 9.85 9.85 9.85 9.86 percent [+]
Social Security Rate For Employees 8.00 8 8 8 8 8 percent [+]