Economy of Fiji
Population: 0.88 M (2018)
GDP per Capita: 6,267 USD (2018)
5,540 M.

GDP USD

(2018)

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2,018 B.

EXPORTS USD

(2018)

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2,018 B.

IMPORTS USD

(2018)

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48.00 %

PUBLIC DEBT

(2019)

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Data is provided by World Bank, FMI and Central Banks.

GDP and Economic Growth

Indicator Value
Economic Growth 3.53 % (2018)
GDP of 2010 USD USD 4.20 B. (2018)
GDP Current USD USD 5.54 B. (2018)
GDP per Capita Current USD USD 6,267 (2018)
GDP per capita, PPP USD 9,654 (2018)
GDP per Capita, 2010 USD USD 4,795 (2018)

Government spending and balances

Indicator Value
Government Spending % GDP
Government Spending
Government Debt % GDP 48.00 % (2019)

International Trade and Investment

Indicator Value
Terms of Trade Base Year 2000 109.30 (2018)
Trade Openness 109.30 (2018)
Exports of Goods and Services % GDP
Exports Goods & Services
Exports Annual Growth 109.30 (2018)
Imports as % GDP 109.30 (2018)
Total Imports
Foreign Direct Investment % GDP 8.47 % (2018)
Foreign Direct Investment USD 0.34 B. (2018)
Current Account Balance % GDP USD -8.49 % (2018)
Current Account Balance USD -0.47 B. (2018)
Trade Balance % GDP % (2018)
Trade Balance USD -0.43 B. (2018)
Foreign Exchange Reserves incl Gold USD 0.95 B. (2018)
Remittances % GDP 5.14 % (2018)
Remittances USD 253 M. (2018)
Balance of Payments USD 16 M. (2017)

Labor Market

Indicator Value
Labor Force 0.36 M. (2019)
Unemployment Rate 4.15 % (2019)
Unemployment Rate Females 5.32 % (2019)
Unemployment Rate Males 3.50 % (2019)
Youth Unemployment (ages 15-24) 14.50 % (2019)
Labor Force Participation Rate 57.19 % (2019)
Labor Force (Percent Female) 33.11 % (2019)
Female Labor Force Participation Rate 38.25 % (2019)
Male Labor Force Participation Rate 75.84 % (2019)
Dependent People 53.76 % (2018)

Agriculture Sector

Indicator Value
Forest Area 55.90 % (2016)
Forest Area km² 10,221 km² (2016)
Agricultural Land 23.26 % (2016)
Agricultural Land km² 4,250 km² (2016)
Employment 39.16 % (2019)
Value added % GDP 10.75 % (2018)
Agriculture Value added USD 0.59 B. (2018)
Crop Production Index 72.20 (2016)
Precipitation 2,592 mm (2014)
Arable Land 9 % (2016)
Cereal Yield 3,001 kg/hectare (2017)
Food production index 83 (2016)
Rural Population 44 % (2018)
Fertilizer use of Arable Land 46 kg/hectare (2016)
Livestock Production Index 110 (2016)
Economy of Fiji

According to the World Bank and its latest published data, the economy of the Fiji presents a growth rate of 3.53 % (2018) to the previous year.

With a population that reaches 0.88 M (2018) and a gross domestic product of USD 5.54 B. (2018), it translates a Gross Domestic Product per Capita of USD 6,267 placing its inhabitants on the threshold of an Upper middle income country (according to the World Bank's updated classification).

Fiji also has a workforce of 0.36 M. (2019) with an unemployment rate of 4.15 % (2019), where women represent 5.32 % (2019) and men 3.50 % (2019), the unemployment rate for young people between 15-24 years old stood at 14.50 % (2019). The total number of dependent people stands at 53.76 % (2018).

The central government spent of its gross domestic product that year, which in absolute terms is . Its consolidated public debt reached 48.00 of its GDP, exceeding the 35% risk limit used by the European Union.

Regarding its international trade, Fiji exported , which represents of its gross domestic product, in that same sense its imports reached with a direct foreign investment of USD 0.34 B. (2018).

Fiji has a forest area of 10,221 km² (2016), which represents 55.90 % (2016) of its total area, an average rainfall of 2,592 mm (2014) per year and a population of 44 % (2018) living in rural areas. With a total area of 4,250 km² (2016) available for agriculture and 39.16 % (2019) of its employments, the agricultural sector contributes to the economy of the Fiji about USD 0.59 B. (2018) (10.75 % (2018) of its GDP).