External balance on goods and services in Fiji
Fiji: External balance on goods and services was -605.83 million current US$ in 2024. ◆ Volatile
External balance on goods and services in Fiji, 1980–2024
Source: Country official statistics, National Statistical Organizations and/or Central Banks. Measured in current US$.
Analysis
In 2024, external balance on goods and services in Fiji stood at -605.83 million current US$.
Compared with earlier readings it is up 1.8% on the previous year and down 103.0% over ten years.
Over the whole period, external balance on goods and services in Fiji peaked at 85.23 million current US$ in 1996 and was at its lowest, -958.39 million current US$, in 2022.
That places Fiji 109th out of 193 countries with data for 2024, putting it in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
External balance on goods and services in Fiji, year by year
| Year | current US$ | Change |
|---|---|---|
| 1980 | -40.71 million current US$ | — |
| 1981 | -178.09 million current US$ | +337.4% |
| 1982 | -76.47 million current US$ | -57.1% |
| 1983 | -60.96 million current US$ | -20.3% |
| 1984 | -12.56 million current US$ | -79.4% |
| 1985 | -4.33 million current US$ | -65.5% |
| 1986 | 28.25 million current US$ | -751.7% |
| 1987 | 38.27 million current US$ | +35.5% |
| 1988 | 56.07 million current US$ | +46.5% |
| 1989 | 27.37 million current US$ | -51.2% |
| 1990 | -64.35 million current US$ | -335.1% |
| 1991 | -44.19 million current US$ | -31.3% |
| 1992 | -45.91 million current US$ | +3.9% |
| 1993 | -115.65 million current US$ | +151.9% |
| 1994 | -55.32 million current US$ | -52.2% |
| 1995 | -69.97 million current US$ | +26.5% |
| 1996 | 85.23 million current US$ | -221.8% |
| 1997 | 54.44 million current US$ | -36.1% |
| 1998 | 41.42 million current US$ | -23.9% |
| 1999 | -7.72 million current US$ | -118.6% |
| 2000 | -85.97 million current US$ | +1014.0% |
| 2001 | -133.66 million current US$ | +55.5% |
| 2002 | -44.95 million current US$ | -66.4% |
| 2003 | -194.06 million current US$ | +331.7% |
| 2004 | -452.80 million current US$ | +133.3% |
| 2005 | -286.27 million current US$ | -36.8% |
| 2006 | -550.20 million current US$ | +92.2% |
| 2007 | -445.44 million current US$ | -19.0% |
| 2008 | -590.07 million current US$ | +32.5% |
| 2009 | -286.96 million current US$ | -51.4% |
| 2010 | -199.69 million current US$ | -30.4% |
| 2011 | -223.58 million current US$ | +12.0% |
| 2012 | -121.68 million current US$ | -45.6% |
| 2013 | -528.00 million current US$ | +333.9% |
| 2014 | -298.41 million current US$ | -43.5% |
| 2015 | -164.61 million current US$ | -44.8% |
| 2016 | -191.29 million current US$ | +16.2% |
| 2017 | -267.17 million current US$ | +39.7% |
| 2018 | -431.88 million current US$ | +61.7% |
| 2019 | -502.41 million current US$ | +16.3% |
| 2020 | -645.38 million current US$ | +28.5% |
| 2021 | -781.69 million current US$ | +21.1% |
| 2022 | -958.39 million current US$ | +22.6% |
| 2023 | -617.12 million current US$ | -35.6% |
| 2024 | -605.83 million current US$ | -1.8% |
Fiji compared with similar countries
- Fiji's -605.83 million current US$ is below the median for upper middle income countries, which is -347.73 million current US$, 1.7× the median. (53 countries reporting)
- Fiji's -605.83 million current US$ is below the median for East Asia & Pacific, which is -166.62 million current US$, 3.6× the median. (34 countries reporting)
Biggest year-on-year movements
Years where External balance on goods and services in Fiji changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 2000 | -1014.0% | -7.72 million current US$ | -85.97 million current US$ |
| 1986 | +751.7% | -4.33 million current US$ | 28.25 million current US$ |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1980s | -22.32 million current US$ | -178.09 million current US$ | 56.07 million current US$ | 10 |
| 1990s | -22.20 million current US$ | -115.65 million current US$ | 85.23 million current US$ | 10 |
| 2000s | -307.04 million current US$ | -590.07 million current US$ | -44.95 million current US$ | 10 |
| 2010s | -292.87 million current US$ | -528.00 million current US$ | -121.68 million current US$ | 10 |
| 2020s | -721.68 million current US$ | -958.39 million current US$ | -605.83 million current US$ | 5 |
Countries ranked near Fiji
More economy & growth data for Fiji
- Foreign direct investment, net outflows (BoP, current US$), gaps 25.57 million BoP, current US$ (2024)
- Foreign direct investment, net outflows (BoP, current US$), per unit 0.0043 BoP, current US$ per US$ of GDP (2024)
- Foreign direct investment, net outflows (BoP, current US$), per capita 27.54 BoP, current US$ per person (2024)
- Foreign direct investment, net inflows (BoP, current US$), gaps filled 203.61 million BoP, current US$ (2024)
- Foreign direct investment, net inflows (BoP, current US$), annual 124.81 % change on previous year (2024)
- Foreign direct investment, net inflows (BoP, current US$), per unit 0.0341 BoP, current US$ per US$ of GDP (2024)
- Foreign direct investment, net inflows (BoP, current US$), per capita 219.22 BoP, current US$ per person (2024)
- Total reserves (includes gold, current US$), annual growth rate 3.71 % change on previous year (2025)
- Total reserves (includes gold, current US$), per unit of GDP 0.2677 includes gold, current US$ per US$ of GDP (2025)
- Total reserves (includes gold, current US$), per capita 1,778 includes gold, current US$ per person (2025)
Frequently asked questions
- What is external balance on goods and services in Fiji?
- External balance on goods and services in Fiji was -605.83 million current US$ in 2024, according to Country official statistics, National Statistical Organizations and/or Central Banks.
- What is the highest external balance on goods and services recorded in Fiji?
- The highest recorded value was 85.23 million current US$ in 1996.
- What is the lowest external balance on goods and services recorded in Fiji?
- The lowest recorded value was -958.39 million current US$ in 2022.
- How does Fiji rank for external balance on goods and services?
- Fiji ranks 109th out of 193 countries with data for 2024.
- Is external balance on goods and services rising or falling in Fiji?
- Over the last ten years it is down 103.0%. The long-run trend across the full record is volatile.
- Where does this Fiji data come from?
- The figures come from Country official statistics, National Statistical Organizations and/or Central Banks, published as part of External balance on goods and services (current US$). Statizoid updates them automatically from the source API.
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About this data
The balance of international trade in goods and services is the difference between the exports and imports of goods and services. This indicator is expressed in current prices, meaning no adjustment has been made to account for price changes over time. This indicator is expressed in United States dollars.