Fiji recorded a Current Account deficit of 12.10 percent of the country's Gross Domestic Product in 2022. Current Account to GDP in Fiji averaged -8.05 percent of GDP from 1999 until 2022, reaching an all time high of -1.40 percent of GDP in 2012 and a record low of -16.30 percent of GDP in 2006. source: Reserve Bank of Fiji

Current Account to GDP in Fiji is expected to reach -10.70 percent of GDP by the end of 2024, according to Trading Economics global macro models and analysts expectations. In the long-term, the Fiji Current Account to GDP is projected to trend around -9.90 percent of GDP in 2025 and -8.90 percent of GDP in 2026, according to our econometric models.

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Fiji Current Account to GDP

Related Last Previous Unit Reference
Balance of Trade -531685.00 -403461.00 FJD Thousand Nov 2023
Current Account -243.90 156.10 FJD Million Sep 2023
Current Account to GDP -12.10 -13.20 percent of GDP Dec 2022
Exports 201200.00 248392.00 FJD Thousand Nov 2023
Imports 732885.00 651853.00 FJD Thousand Nov 2023
Tourist Arrivals 70324.00 82820.00 Jan 2024
Tourism Revenues 585.10 420.30 FJD Million Jun 2023
Gold Reserves 0.03 0.03 Tonnes Dec 2023
Imports by Country
Imports by Category
Exports by Country
Exports by Category

Fiji Current Account to GDP
The Current account balance as a percent of GDP provides an indication on the level of international competitiveness of a country. Usually, countries recording a strong current account surplus have an economy heavily dependent on exports revenues, with high savings ratings but weak domestic demand. On the other hand, countries recording a current account deficit have strong imports, a low saving rates and high personal consumption rates as a percentage of disposable incomes.
Actual Previous Highest Lowest Dates Unit Frequency
-12.10 -13.20 -1.40 -16.30 1999 - 2022 percent of GDP Yearly