Markets Actual Q3 Q4 Q1 Q2 2021
Currency 2.11 2.11 2.11 2.12 2.13 2.15

Overview Actual Q3 Q4 Q1 Q2 2021
GDP Annual Growth Rate (%) 1.00 -9 -9 4 4 4
Unemployment Rate (%) 4.20 5 5 4.6 4.6 4.6
Inflation Rate (%) -3.00 -1.5 -0.5 0.3 0.5 0.8
Interest Rate (%) 0.25 0.25 0.25 0.25 0.5 0.5
Balance of Trade (FJD Thousand) -171011.00 -310000 -400000 -357000 -357000 -439000
Current Account to GDP (%) -5.90 -4.3 -4.3 -4.5 -4.5 -4.5
Government Debt to GDP (%) 48.00 54 54 53 53 53
Government Budget (% of GDP) -4.80 -7 -7 -6 -6 -6
Corporate Tax Rate (%) 20.00 20 20 20 20 20
Personal Income Tax Rate (%) 20.00 20 20 20 20 20

GDP Actual Q3 Q4 Q1 Q2 2021
GDP Annual Growth Rate (%) 1.00 -9 -9 4 4 4
GDP (USD Billion) 5.54 4.5 4.5 4.8 4.8 4.8
GDP per capita (USD) 4810.90 4600 4600 4600 4700 4700
GDP per capita PPP (USD) 13853.40 11100 11100 11100 12000 12000

Labour Actual Q3 Q4 Q1 Q2 2021
Unemployment Rate (%) 4.20 5 5 4.6 4.6 4.6
Population (Million) 0.89 0.93 0.89 0.9 0.9 0.9

Prices Actual Q3 Q4 Q1 Q2 2021
Inflation Rate (%) -3.00 -1.5 -0.5 0.3 0.5 0.8
Food Inflation (%) -3.10 -1 -0.7 -0.5 0.3 1.5
Consumer Price Index CPI (points) 111.60 113 113 113 113 114
CPI Housing Utilities (points) 92.20 93.18 93.43 94.68 92.86 94.18
CPI Transportation (points) 97.80 95.45 96.22 100 95.68 96.99
Producer Prices (points) 106.20 105 106 106 106 107
Producer Prices Change (%) 2.00 0.7 0.6 0.8 1 1.4
Inflation Rate Mom (%) 1.40 0.1 0.2 0.2 0.3 0.4

Money Actual Q3 Q4 Q1 Q2 2021
Interest Rate (%) 0.25 0.25 0.25 0.25 0.5 0.5
Deposit Interest Rate (%) 3.29 3.33 3.33 3.33 3.58 3.58

Trade Actual Q3 Q4 Q1 Q2 2021
Balance of Trade (FJD Thousand) -171011.00 -310000 -400000 -357000 -357000 -439000
Current Account to GDP (%) -5.90 -4.3 -4.3 -4.5 -4.5 -4.5
Imports (FJD Thousand) 281152.00 520000 550000 530000 530000 592000
Exports (FJD Thousand) 110141.00 210000 150000 173000 173000 153000
Tourist Arrivals 709.00 21500 35000 50000 65000 78500

Government Actual Q3 Q4 Q1 Q2 2021
Government Debt to GDP (%) 48.00 54 54 53 53 53
Government Budget (% of GDP) -4.80 -7 -7 -6 -6 -6
Military Expenditure (USD Million) 47.00 43 43 43 43 43

Taxes Actual Q3 Q4 Q1 Q2 2021
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 Q3 Q4 Q1 Q2 2021
Industrial Production (%) 2.40 1.5 2.1 2.5 2.5 2.5

Consumer Actual Q3 Q4 Q1 Q2 2021
Retail Sales Yoy (%) 8.90 -2 3.9 3.3 3.7 6.02


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.