Markets Actual Q1 Q2 Q3 Q4 2022
Currency 2.03 2.04 2.05 2.06 2.07 2.08

Overview Actual Q1 Q2 Q3 Q4 2022
GDP Annual Growth Rate (%) -19.00 5 5 5 5 6.3
Unemployment Rate (%) 4.20 7 7 7 7 6
Inflation Rate (%) 1.10 -0.5 0.3 0.5 0.7 1.5
Interest Rate (%) 0.25 0.25 0.25 0.25 0.5 0.5
Balance of Trade (FJD Thousand) -152936.00 -170000 -150000 -155000 -282636 -359000
Current Account to GDP (%) -12.60 -8 -8 -8 -8 -7
Government Debt to GDP (%) 72.30 73 73 73 73 70
Government Budget (% of GDP) -4.80 -6 -6 -6 -6 -5
Corporate Tax Rate (%) 20.00 20 20 20 20 20
Personal Income Tax Rate (%) 20.00 20 20 20 20 20

GDP Actual Q1 Q2 Q3 Q4 2022
GDP Annual Growth Rate (%) -19.00 5 5 5 5 6.3
GDP (USD Billion) 5.54 4.8 4.8 4.8 4.8 5.1
GDP per capita (USD) 4810.90 4600 4700 4700 4700 4810
GDP per capita PPP (USD) 13853.40 11100 12000 12000 12000 12800

Labour Actual Q1 Q2 Q3 Q4 2022
Unemployment Rate (%) 4.20 7 7 7 7 6
Population (Million) 0.89 0.9 0.9 0.9 0.9 0.91

Prices Actual Q1 Q2 Q3 Q4 2022
Inflation Rate (%) 1.10 -0.5 0.3 0.5 0.7 1.5
Food Inflation (%) 12.90 -0.5 0.3 0.3 1.5 3
Consumer Price Index CPI (points) 114.60 111 112 113 126 112
CPI Housing Utilities (points) 93.30 91.55 93.93 92.68 108 92.19
CPI Transportation (points) 97.60 94.28 99.5 95.49 113 94.94
Producer Prices (points) 106.20 107 108 109 110 109
Producer Prices Change (%) 1.40 1.5 1 1 1.4 2
Inflation Rate Mom (%) 2.00 0.2 0.3 0.2 0.4 0.4

Money Actual Q1 Q2 Q3 Q4 2022
Interest Rate (%) 0.25 0.25 0.25 0.25 0.5 0.5
Deposit Interest Rate (%) 3.70 4.06 4.06 4.06 3.33 4.31

Trade Actual Q1 Q2 Q3 Q4 2022
Balance of Trade (FJD Thousand) -152936.00 -170000 -150000 -155000 -282636 -359000
Current Account to GDP (%) -12.60 -8 -8 -8 -8 -7
Imports (FJD Thousand) 315492.00 323000 328000 450000 512000 612000
Exports (FJD Thousand) 162556.00 173000 173000 173000 153000 156000
Tourism Revenues (FJD Million) 3.10 120 150 180 220 500
Tourist Arrivals 712.00 3000 4800 6500 7800 12500

Government Actual Q1 Q2 Q3 Q4 2022
Government Debt to GDP (%) 72.30 73 73 73 73 70
Government Budget (% of GDP) -4.80 -6 -6 -6 -6 -5
Military Expenditure (USD Million) 47.00 43 43 43 43 43

Taxes Actual Q1 Q2 Q3 Q4 2022
Corporate Tax Rate (%) 20.00 20 20 20 20 20
Personal Income Tax Rate (%) 20.00 20 20 20 20 20
Sales Tax Rate (%) 9.00 9 9 9 9 9
Social Security Rate (%) 18.00 18 18 18 18 18
Social Security Rate For Companies (%) 10.00 10 10 10 10 10
Social Security Rate For Employees (%) 8.00 8 8 8 8 8

Business Actual Q1 Q2 Q3 Q4 2022
Industrial Production (%) -12.20 2.5 10 6.5 2.5 2.3

Consumer Actual Q1 Q2 Q3 Q4 2022
Retail Sales Yoy (%) -5.10 1.8 4.5 4.5 3.5 3.2


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.