Fiji recorded a Current Account deficit of 13.80 percent of the country's Gross Domestic Product in 2020. source: Reserve Bank of Fiji

Current Account to GDP in Fiji averaged -7.68 percent of GDP from 1999 until 2020, 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. This page provides - Fiji Current Account to GDP - actual values, historical data, forecast, chart, statistics, economic calendar and news. Fiji Current Account to GDP - values, historical data and charts - was last updated on July of 2021.

Current Account to GDP in Fiji is expected to reach -8.00 percent of GDP by the end of 2021, 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 -7.00 percent of GDP in 2022, according to our econometric models.

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Fiji Current Account to GDP

Actual Previous Highest Lowest Dates Unit Frequency
-13.80 -12.60 -1.40 -16.30 1999 - 2020 percent of GDP Yearly

Fiji Trade Last Previous Highest Lowest Unit
Balance of Trade -233297.00 -166624.00 -75681.00 -636379.00 FJD Thousand [+]
Current Account -298.00 -231.70 103.60 -817.50 FJD Million [+]
Current Account to GDP -13.80 -12.60 -1.40 -16.30 percent of GDP [+]
Imports 375039.00 292023.00 817504.00 187941.00 FJD Thousand [+]
Exports 151742.00 125399.00 313336.00 79.99 FJD Thousand [+]
Tourism Revenues 2.80 3.40 648.90 2.80 FJD Million [+]
Tourist Arrivals 400.00 813.00 675050.00 400.00 [+]
Gold Reserves 0.03 0.03 0.03 0.02 Tonnes [+]


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.