Adjusted savings: net national savings in Fiji
Fiji: Adjusted savings: net national savings was 4.0% in 2020. ◆ Volatile
Adjusted savings: net national savings in Fiji, 1980–2020
Source: Staff estimates, World Bank (WB). Measured in % of GNI.
Analysis
The most recent figure for adjusted savings: net national savings in Fiji is 4.0%, measured in 2020.
That represents a change of down 11.1% on the previous year and down 45.1% over ten years.
Over the whole period, adjusted savings: net national savings in Fiji peaked at 30.2% in 2004 and was at its lowest, -4.8%, in 1990.
That places Fiji 128th out of 177 countries with data for 2020, putting it in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Adjusted savings: net national savings in Fiji, year by year
| Year | % of GNI | Change |
|---|---|---|
| 1980 | 18.5% | — |
| 1981 | 12.4% | -33.0% |
| 1982 | 8.8% | -29.4% |
| 1983 | 4.9% | -44.1% |
| 1984 | 8.5% | +72.7% |
| 1985 | 9.3% | +9.5% |
| 1986 | 14.3% | +54.8% |
| 1987 | 6.2% | -56.6% |
| 1988 | 6.6% | +6.0% |
| 1989 | -1.4% | -121.3% |
| 1990 | -4.8% | +241.6% |
| 1991 | -3.7% | -22.9% |
| 1992 | -0.2% | -93.8% |
| 1993 | 4.4% | -2032.7% |
| 1994 | 6.4% | +44.1% |
| 1995 | 7.9% | +24.5% |
| 1996 | 15.1% | +90.2% |
| 1997 | 12.9% | -14.6% |
| 1998 | 16.7% | +30.0% |
| 1999 | 21.6% | +29.0% |
| 2000 | 20.7% | -4.1% |
| 2001 | 21.3% | +3.1% |
| 2002 | 27.6% | +29.6% |
| 2003 | 27.3% | -1.2% |
| 2004 | 30.2% | +10.6% |
| 2005 | 4.5% | -85.2% |
| 2006 | -2.7% | -160.4% |
| 2007 | 4.3% | -258.8% |
| 2008 | 1.0% | -75.7% |
| 2009 | 6.1% | +483.3% |
| 2010 | 7.3% | +20.5% |
| 2011 | 5.1% | -30.6% |
| 2012 | 5.3% | +4.3% |
| 2013 | 8.0% | +51.4% |
| 2014 | 11.2% | +39.2% |
| 2015 | 11.6% | +4.0% |
| 2016 | 9.1% | -21.8% |
| 2017 | 7.5% | -18.0% |
| 2018 | 7.3% | -2.3% |
| 2019 | 4.5% | -37.8% |
| 2020 | 4.0% | -11.1% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1980s | 8.8% | -1.4% | 18.5% | 10 |
| 1990s | 7.6% | -4.8% | 21.6% | 10 |
| 2000s | 14.0% | -2.7% | 30.2% | 10 |
| 2010s | 7.7% | 4.5% | 11.6% | 10 |
| 2020s | 4.0% | 4.0% | 4.0% | 1 |
Countries ranked near Fiji
More economy & growth data for Fiji
- Exports of goods and services (current LCU), annual growth rate 3.93 % change on previous year (2024)
- Exports of goods and services (current LCU), per unit of GDP 1.23 current LCU per US$ of GDP (2024)
- Exports of goods and services (current LCU), per capita 7,930 current LCU per person (2024)
- Gross fixed capital formation (current US$), annual growth rate 12.46 % change on previous year (2024)
- Gross fixed capital formation (current US$), per unit of GDP 0.2009 current US$ per US$ of GDP (2024)
- Gross fixed capital formation (current US$), per capita 1,291 current US$ per person (2024)
- Gross fixed capital formation (current LCU), per unit of GDP 0.4557 current LCU per US$ of GDP (2024)
- Gross fixed capital formation (current LCU), per capita 2,928 current LCU per person (2024)
- Gross capital formation (current US$), annual growth rate 14.85 % change on previous year (2024)
- Gross capital formation (current US$), per unit of GDP 0.2087 current US$ per US$ of GDP (2024)
Frequently asked questions
- What is adjusted savings: net national savings in Fiji?
- Adjusted savings: net national savings in Fiji was 4.0% in 2020, according to Staff estimates, World Bank (WB).
- What is the highest adjusted savings: net national savings recorded in Fiji?
- The highest recorded value was 30.2% in 2004.
- What is the lowest adjusted savings: net national savings recorded in Fiji?
- The lowest recorded value was -4.8% in 1990.
- How does Fiji rank for adjusted savings: net national savings?
- Fiji ranks 128th out of 177 countries with data for 2020.
- Is adjusted savings: net national savings rising or falling in Fiji?
- Over the last ten years it is down 45.1%. The long-run trend across the full record is volatile.
- Where does this Fiji data come from?
- The figures come from Staff estimates, World Bank (WB), published as part of Adjusted savings: net national savings (% of GNI). Statizoid updates them automatically from the source API.
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About this data
Net national savings are equal to gross national savings less the value of consumption of fixed capital. This indicator is expressed as a percentage of Gross National Income (GNI) which is the total income earned by all residents within an economic territory during an accounting period. It is equal to gross domestic product plus earned income receivable from abroad minus earned income payable abroad.