Fiji: Economy
Income Level (by per capita GNI) Source: The World Bank Possible values: High Income, Upper Middle Income, Lower Middle Income and Low Income |
Upper Middle Income |
Level of Development
Source: United Nations Possible values: Developed, In Transition and Developing |
Data Unavailable |
Economic Trivia | Fiji is one of the most developed countries in the Pacific Islands. |
Trade
Source: United Nations Comtrade Note: Top 3 trade partners are calculated by imports + exports. |
Top 3 Trade Partners (2021): Australia, United States, and New Zealand |
Top Industries Source: CIA World Factbook | Tourism; Sugar; Clothing; Copra |
Gross Domestic Product (GDP) [1]
GDP, PPP (current international) | $13,133,219,725 (2022) |
GDP Growth Rate (annual %) | 16.125% (2022) |
GDP Per Capita, PPP (current international) | $14,125 (2022) |
GDP Country Rank 156/197 (2022)
Economic Indicators [1]
Inflation, consumer prices (annual %) | 4.52% (2022) |
External debt stocks, total (DOD, current US$) | $2,028,405,201 (2021) |
Total tax rate (% of commercial profits) | 32.1% (2019) |
Real Interest Rate (5 year average %) | 0.087% (2022) |
Manufacturing, value added (% of GDP) | 10.702% (2022) |
Current Account Balance (BoP, current US$) | ($867,964,188) (2022) |
Labor and Employment [1]
Labor Force, Total | 376,303 (2022) |
Employment in Agriculture (% of total employment) | 28.877% (2021) |
Employment in Industry (% of total employment) | 14.685% (2021) |
Employment in Services (% of total employment) | 56.438% (2021) |
Unemployment Rate | 4.334% (2022) |
Trade [1]
Imports of goods and services (current US$) | $3,078,464,533 (2022) |
Exports of goods and services (current US$) | $2,252,644,687 (2022) |
Total Merchandise Trade (% of GDP) | 82.314% (2022) |
FDI, net inflows (BoP, current US$) | $103,581,592 (2022) |
Commercial Service Exports (current US$) | $1,237,610,211 (2022) |
Economic Snapshot [1]
Note: Percentile ranks are calculated using the latest available data for all countries within the last 5 years.
How to interpret the graph: The purpose of this graph is to take a snapshot of a country’s economy in comparison to other economies. For example, Fiji’s Exports rank is higher than (please wait...) of the countries in the dataset. For Exports, FDI and GDP measures, a higher rank (closer to 100%) indicates a stronger economy. Conversely, for Unemployment and Inflation, a lower rank (closer to 0%) indicates a stronger economy.