The Gross Domestic Product (GDP) in Fiji expanded 1 percent in 2019 from the previous year.

GDP Annual Growth Rate in Fiji averaged 2.67 percent from 1971 until 2019, reaching an all time high of 12.70 percent in 1973 and a record low of -6.40 percent in 1987. This page provides - Fiji GDP Annual Growth Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news. Fiji GDP Annual Growth Rate - values, historical data and charts - was last updated on August of 2020.

GDP Annual Growth Rate in Fiji is expected to reach -9.00 percent by the end of 2020, according to Trading Economics global macro models and analysts expectations. In the long-term, the Fiji GDP Annual Growth Rate is projected to trend around 4.00 percent in 2021 and 2.30 percent in 2022, according to our econometric models.

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Fiji GDP Annual Growth Rate

Actual Previous Highest Lowest Dates Unit Frequency
1.00 3.50 12.70 -6.40 1971 - 2019 percent Yearly

Fiji GDP Last Previous Highest Lowest Unit
GDP Annual Growth Rate 1.00 3.50 12.70 -6.40 percent [+]
GDP 5.54 5.54 5.54 0.11 USD Billion [+]
GDP per capita 4810.90 4795.20 4810.90 1705.30 USD [+]
GDP per capita PPP 13853.40 13808.10 13853.40 8123.60 USD [+]


Fiji GDP Annual Growth Rate
Fiji is one of the most developed island nations in the Pacific region. Still, more than 31 percent of the population lives under poverty and the country is dependent on foreign aid and remittances. Tourism is the most important sector of the economy and accounts for more than 25 percent of GDP. Sugar and textiles exports remain important sources of revenue, but have fallen from prominence as Fiji is unable to compete globally.