External balance on goods and services as a percent of GDP in Fiji
Fiji: External balance on goods and services as a percent of GDP was -10.2% in 2024. ◆ Volatile
External balance on goods and services as a percent of GDP in Fiji, 1980–2024
Source: National statistical organizations and central banks, OECD national accounts, and World Bank staff estimates (2026) – processed by Our World in Data. Measured in % of GDP.
Analysis
Fiji recorded -10.2% for external balance on goods and services as a percent of gdp in 2024.
The figure is up 9.9% on the previous year and down 65.2% over ten years.
Over the whole period, external balance on goods and services as a percent of gdp in Fiji peaked at 5.1% in 1988 and was at its lowest, -19.3%, in 2022.
Fiji ranks 130th of 191 countries on this measure, in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
External balance on goods and services as a percent of GDP in Fiji, year by year
| Year | % of GDP | Change |
|---|---|---|
| 1980 | -3.4% | — |
| 1981 | -14.4% | +325.8% |
| 1982 | -6.4% | -55.6% |
| 1983 | -5.4% | -15.2% |
| 1984 | -1.1% | -80.4% |
| 1985 | -0.4% | -64.4% |
| 1986 | 2.2% | -676.4% |
| 1987 | 3.2% | +48.4% |
| 1988 | 5.1% | +55.5% |
| 1989 | 2.3% | -54.2% |
| 1990 | -4.8% | -308.0% |
| 1991 | -3.2% | -33.7% |
| 1992 | -3.0% | -6.2% |
| 1993 | -7.1% | +135.9% |
| 1994 | -3.0% | -57.1% |
| 1995 | -3.6% | +17.2% |
| 1996 | 4.0% | -212.7% |
| 1997 | 2.6% | -34.9% |
| 1998 | 2.5% | -3.8% |
| 1999 | -0.4% | -115.9% |
| 2000 | -5.1% | +1185.4% |
| 2001 | -8.1% | +57.9% |
| 2002 | -2.5% | -69.7% |
| 2003 | -8.4% | +244.1% |
| 2004 | -16.7% | +98.2% |
| 2005 | -9.6% | -42.6% |
| 2006 | -17.9% | +86.2% |
| 2007 | -13.2% | -26.3% |
| 2008 | -16.7% | +27.0% |
| 2009 | -10.0% | -40.3% |
| 2010 | -6.4% | -36.4% |
| 2011 | -5.9% | -7.0% |
| 2012 | -3.1% | -48.2% |
| 2013 | -12.6% | +311.3% |
| 2014 | -6.1% | -51.2% |
| 2015 | -3.5% | -42.8% |
| 2016 | -3.9% | +10.4% |
| 2017 | -5.0% | +28.6% |
| 2018 | -7.7% | +55.1% |
| 2019 | -9.4% | +21.5% |
| 2020 | -15.3% | +62.4% |
| 2021 | -18.8% | +23.1% |
| 2022 | -19.3% | +2.4% |
| 2023 | -11.3% | -41.5% |
| 2024 | -10.2% | -9.9% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1980s | -1.8% | -14.4% | 5.1% | 10 |
| 1990s | -1.6% | -7.1% | 4.0% | 10 |
| 2000s | -10.8% | -17.9% | -2.5% | 10 |
| 2010s | -6.4% | -12.6% | -3.1% | 10 |
| 2020s | -14.9% | -19.3% | -10.2% | 5 |
Countries ranked near Fiji
More economy & growth data for Fiji
- Total reserves minus gold (current US$), annual growth rate 3.6 % change on previous year (2025)
- Total reserves minus gold (current US$), per unit of GDP 0.2669 current US$ per US$ of GDP (2025)
- Total reserves minus gold (current US$), per capita 1,773 current US$ per person (2025)
- General government final consumption expenditure (current US$) -4.87 % change on previous year (2024)
- General government final consumption expenditure (current US$), per 0.189 current US$ per US$ of GDP (2024)
- General government final consumption expenditure (current US$), per 1,215 current US$ per person (2024)
- General government final consumption expenditure (current LCU) -4.1 % change on previous year (2024)
- General government final consumption expenditure (current LCU), per 0.4288 current LCU per US$ of GDP (2024)
- General government final consumption expenditure (current LCU), per 2,755 current LCU per person (2024)
- Households and NPISHs Final consumption expenditure (current US$) 9.86 % change on previous year (2024)
Frequently asked questions
- What is external balance on goods and services as a percent of gdp in Fiji?
- External balance on goods and services as a percent of gdp in Fiji was -10.2% in 2024, according to National statistical organizations and central banks, OECD national accounts, and World Bank staff estimates (2026) – processed by Our World in Data.
- What is the highest external balance on goods and services as a percent of gdp recorded in Fiji?
- The highest recorded value was 5.1% in 1988.
- What is the lowest external balance on goods and services as a percent of gdp recorded in Fiji?
- The lowest recorded value was -19.3% in 2022.
- How does Fiji rank for external balance on goods and services as a percent of gdp?
- Fiji ranks 130th out of 191 countries with data for 2024.
- Is external balance on goods and services as a percent of gdp rising or falling in Fiji?
- Over the last ten years it is down 65.2%. The long-run trend across the full record is volatile.
- Where does this Fiji data come from?
- The figures come from National statistical organizations and central banks, OECD national accounts, and World Bank staff estimates (2026) – processed by Our World in Data, published as part of External balance on goods and services as a percent of GDP. Statizoid updates them automatically from the source API.
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About this data
Exports of goods and services minus imports of goods and services divided by gross domestic product, expressed as a percentage.