Current account balance in Fiji
Fiji: Current account balance was -7.8% in 2024. ◆ Volatile
Current account balance in Fiji, 1979–2024
Source: Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in % of GDP.
Analysis
The most recent figure for current account balance in Fiji is -7.8%, measured in 2024.
The figure is down 17.7% on the previous year and down 34.7% over ten years.
Over the whole period, current account balance in Fiji peaked at 6.4% in 1988 and was at its lowest, -16.4%, in 2006.
That places Fiji 163rd out of 199 countries with data for 2024, putting it in the bottom quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Current account balance in Fiji, year by year
| Year | % of GDP | Change |
|---|---|---|
| 1979 | -5.8% | — |
| 1980 | -1.5% | -74.8% |
| 1981 | -13.1% | +797.1% |
| 1982 | -7.1% | -45.9% |
| 1983 | -4.9% | -30.1% |
| 1984 | -1.6% | -68.3% |
| 1985 | 1.6% | -205.1% |
| 1986 | 1.3% | -20.8% |
| 1987 | 2.3% | +78.5% |
| 1988 | 6.4% | +173.9% |
| 1989 | 0.6% | -90.0% |
| 1990 | -7.0% | -1211.1% |
| 1991 | -4.9% | -29.9% |
| 1992 | -4.0% | -18.9% |
| 1993 | -8.4% | +111.1% |
| 1994 | -6.2% | -26.8% |
| 1995 | -5.7% | -7.4% |
| 1996 | 0.6% | -111.1% |
| 1997 | -1.6% | -356.9% |
| 1998 | -3.6% | +121.8% |
| 1999 | 0.7% | -118.1% |
| 2000 | -1.5% | -331.9% |
| 2001 | -4.1% | +169.2% |
| 2002 | 0.9% | -121.0% |
| 2003 | -2.3% | -365.7% |
| 2004 | -9.3% | +306.5% |
| 2005 | -6.9% | -25.7% |
| 2006 | -16.4% | +138.5% |
| 2007 | -11.5% | -30.4% |
| 2008 | -14.9% | +30.4% |
| 2009 | -4.3% | -71.1% |
| 2010 | -4.8% | +10.2% |
| 2011 | -5.2% | +8.4% |
| 2012 | -1.4% | -72.2% |
| 2013 | -9.7% | +577.2% |
| 2014 | -5.8% | -40.5% |
| 2015 | -3.5% | -39.9% |
| 2016 | -3.6% | +3.9% |
| 2017 | -6.6% | +84.1% |
| 2018 | -8.4% | +27.2% |
| 2019 | -11.8% | +39.4% |
| 2020 | -12.1% | +3.0% |
| 2021 | -7.2% | -40.6% |
| 2022 | -15.5% | +115.3% |
| 2023 | -6.6% | -57.4% |
| 2024 | -7.8% | +17.7% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | -5.8% | -5.8% | -5.8% | 1 |
| 1980s | -1.6% | -13.1% | 6.4% | 10 |
| 1990s | -4.0% | -8.4% | 0.7% | 10 |
| 2000s | -7.0% | -16.4% | 0.9% | 10 |
| 2010s | -6.1% | -11.8% | -1.4% | 10 |
| 2020s | -9.8% | -15.5% | -6.6% | 5 |
Countries ranked near Fiji
More economy & growth data for Fiji
- Manufacturing, value added (constant LCU), per capita 1,233 constant LCU per person (2025)
- Industry (including construction), value added (current US$), annual -12.46 % change on previous year (2025)
- Industry (including construction), value added (current US$), per 0.1388 current US$ per US$ of GDP (2025)
- Industry (including construction), value added (current US$), per 921.82 current US$ per person (2025)
- Industry (including construction), value added (current LCU), annual -11.27 % change on previous year (2025)
- Industry (including construction), value added (current LCU), per 0.3191 current LCU per US$ of GDP (2025)
- Industry (including construction), value added (current LCU), per 2,119 current LCU per person (2025)
- Industry (including construction), value added (constant 2015 US$) 2.63 % change on previous year (2025)
- Industry (including construction), value added (constant 2015 US$) 0.119 constant 2015 US$ per US$ of GDP (2025)
- Industry (including construction), value added (constant 2015 US$) 790.3 constant 2015 US$ per person (2025)
Frequently asked questions
- What is current account balance in Fiji?
- Current account balance in Fiji was -7.8% in 2024, according to Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF).
- What is the highest current account balance recorded in Fiji?
- The highest recorded value was 6.4% in 1988.
- What is the lowest current account balance recorded in Fiji?
- The lowest recorded value was -16.4% in 2006.
- How does Fiji rank for current account balance?
- Fiji ranks 163rd out of 199 countries with data for 2024.
- Is current account balance rising or falling in Fiji?
- Over the last ten years it is down 34.7%. The long-run trend across the full record is volatile.
- Where does this Fiji data come from?
- The figures come from Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF), published as part of Current account balance (% of GDP). Statizoid updates them automatically from the source API.
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About this data
Balance of current transactions (transactions in goods and services, earned income and transfer income) between residents and non-residents. The term current account balance is used in the external accounts and is expressed from the perspective of resident units. The term current external balance is used in the national accounts and is expressed from the perspective of the non-resident units, and therefore with the opposite sign. This indicator is expressed as a percentage of Gross Domestic Product (GDP) which is the total income earned through the production of goods and services in an economic territory during an accounting period.