Fiji GDP Annual Growth Rate

The Gross Domestic Product (GDP) in Fiji expanded 4.2 percent in 2017 from the previous year compared to 0.4 percent growth in 2016. The improved performance is underpinned by the public administration& defence; manufacturing; construction; wholesale & retail trade and the financial & insurance activities sectors. GDP Annual Growth Rate in Fiji averaged 2.59 percent from 1971 until 2016, reaching an all time high of 12.70 percent in 1973 and a record low of -6.40 percent in 1987.

GDP Annual Growth Rate in Fiji is expected to be 3.00 percent by the end of this quarter, 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 2.40 percent in 2020, according to our econometric models.

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Fiji GDP	Last	Previous	Highest	Lowest	Unit
GDP Annual Growth Rate	4.20	0.40	12.70	-6.40	percent	[+]
GDP	5.06	4.67	5.06	0.11	USD Billion	[+]
GDP per capita	4323.00	4196.00	4323.00	1705.60	USD	[+]
GDP per capita PPP	8703.00	8447.30	8703.00	5678.90	USD	[+]

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. This page provides - Fiji GDP Annual Growth Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news. Fiji GDP Annual Growth Rate - actual data, historical chart and calendar of releases - was last updated on December of 2018.

	Actual	Previous	Highest	Lowest	Dates	Unit	Frequency
	4.20	0.40	12.70	-6.40	1971 - 2017	percent	Yearly

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Country	Last		Previous	Range
India	7.10	Sep/18	8.2	11.4 : -5.2	%
China	6.50	Sep/18	6.7	15.4 : 3.8	%
Turkey	5.20	Jun/18	7.3	11.7 : -14.4	%
Indonesia	5.17	Sep/18	5.27	7.16 : 1.56	%
United States	3.00	Sep/18	2.9	13.4 : -3.9	%
Australia	2.80	Sep/18	3.1	9 : -3.4	%
Mexico	2.50	Sep/18	2.6	9 : -9.1	%
Spain	2.50	Sep/18	2.5	5.6 : -4.3	%
Netherlands	2.40	Sep/18	3.1	6.1 : -4.6	%
Switzerland	2.40	Sep/18	3.5	5.8 : -3.7	%
Singapore	2.20	Sep/18	4.1	19 : -8.8	%
South Korea	2.00	Sep/18	2.8	20.8 : -7.3	%
Canada	1.90	Jun/18	2.3	9.3 : -4.1	%
Saudi Arabia	1.61	Jun/18	1.15	24.2 : -20.7	%
Euro Area	1.60	Sep/18	2.2	5 : -5.5	%
United Kingdom	1.50	Sep/18	1.2	9.7 : -6.1	%
France	1.40	Sep/18	1.6	12.6 : -3.8	%
Brazil	1.30	Sep/18	0.9	10.1 : -5.5	%
Russia	1.30	Sep/18	1.9	12.1 : -11.2	%
Germany	1.10	Sep/18	2	7.2 : -6.8	%
South Africa	1.10	Sep/18	0.4	7.1 : -2.6	%
Italy	0.70	Sep/18	1.2	10.3 : -7.2	%
Japan	0.30	Sep/18	1.4	9.4 : -8.8	%
Argentina	-4.20	Jun/18	3.9	16.2 : -16.3	%