Gross domestic savings in Fiji
Fiji: Gross domestic savings was 10.7% in 2024. ▼ Falling
Gross domestic savings in Fiji, 1980–2024
Source: Country official statistics, National Statistical Organizations and/or Central Banks. Measured in % of GDP.
Analysis
In 2024, gross domestic savings in Fiji stood at 10.7%.
The figure is up 25.6% on the previous year and down 27.3% over ten years.
Over the whole period, gross domestic savings in Fiji peaked at 30.0% in 1998 and was at its lowest, 1.2%, in 2020.
Fiji ranks 138th of 188 countries on this measure, in the middle of the range.
The long-run direction has been consistently falling across the 45 years of available data.
Gross domestic savings in Fiji, year by year
| Year | % of GDP | Change |
|---|---|---|
| 1980 | 27.5% | — |
| 1981 | 20.3% | -26.0% |
| 1982 | 19.5% | -4.2% |
| 1983 | 15.3% | -21.1% |
| 1984 | 18.0% | +17.4% |
| 1985 | 18.4% | +1.9% |
| 1986 | 21.0% | +14.6% |
| 1987 | 18.8% | -10.5% |
| 1988 | 17.4% | -7.7% |
| 1989 | 14.9% | -14.5% |
| 1990 | 9.5% | -36.1% |
| 1991 | 12.1% | +27.6% |
| 1992 | 10.3% | -14.7% |
| 1993 | 10.5% | +1.5% |
| 1994 | 12.2% | +15.9% |
| 1995 | 11.9% | -2.6% |
| 1996 | 21.8% | +83.5% |
| 1997 | 21.8% | -0.0% |
| 1998 | 30.0% | +37.8% |
| 1999 | 26.1% | -13.0% |
| 2000 | 15.3% | -41.3% |
| 2001 | 12.3% | -19.5% |
| 2002 | 20.8% | +69.2% |
| 2003 | 19.2% | -8.0% |
| 2004 | 11.6% | -39.4% |
| 2005 | 10.5% | -9.5% |
| 2006 | 1.6% | -84.6% |
| 2007 | 3.8% | +135.1% |
| 2008 | 6.7% | +75.6% |
| 2009 | 8.7% | +30.9% |
| 2010 | 12.4% | +42.4% |
| 2011 | 15.1% | +21.2% |
| 2012 | 14.2% | -5.8% |
| 2013 | 15.0% | +5.8% |
| 2014 | 14.7% | -1.9% |
| 2015 | 18.9% | +28.2% |
| 2016 | 17.2% | -8.8% |
| 2017 | 16.4% | -4.7% |
| 2018 | 13.3% | -19.0% |
| 2019 | 9.7% | -27.4% |
| 2020 | 1.2% | -87.8% |
| 2021 | 1.4% | +18.5% |
| 2022 | 2.6% | +84.5% |
| 2023 | 8.5% | +230.9% |
| 2024 | 10.7% | +25.6% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1980s | 19.1% | 14.9% | 27.5% | 10 |
| 1990s | 16.6% | 9.5% | 30.0% | 10 |
| 2000s | 11.1% | 1.6% | 20.8% | 10 |
| 2010s | 14.7% | 9.7% | 18.9% | 10 |
| 2020s | 4.9% | 1.2% | 10.7% | 5 |
Countries ranked near Fiji
- 135 Togo 11.6% compare
- 136 Colombia 11.3% compare
- 137 Venezuela, Bolivarian Republic of 10.7% compare
- 139 Bosnia and Herzegovina 10.3% compare
- 140 New Caledonia 10.0% compare
- 141 Mozambique 9.9% compare
More economy & growth data for Fiji
- 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)
- Gross capital formation (current US$), per capita 1,341 current US$ per person (2024)
- Gross capital formation (current LCU), annual growth rate 15.78 % change on previous year (2024)
- Gross capital formation (current LCU), per unit of GDP 0.4733 current LCU per US$ of GDP (2024)
- Gross capital formation (current LCU), per capita 3,042 current LCU per person (2024)
- Imports of goods and services (current US$), annual growth rate 2.29 % change on previous year (2024)
- Imports of goods and services (current US$), per unit of GDP 0.6456 current US$ per US$ of GDP (2024)
- Imports of goods and services (current US$), per capita 4,148 current US$ per person (2024)
- Imports of goods and services (current LCU), annual growth rate 3.12 % change on previous year (2024)
Frequently asked questions
- What is gross domestic savings in Fiji?
- Gross domestic savings in Fiji was 10.7% in 2024, according to Country official statistics, National Statistical Organizations and/or Central Banks.
- What is the highest gross domestic savings recorded in Fiji?
- The highest recorded value was 30.0% in 1998.
- What is the lowest gross domestic savings recorded in Fiji?
- The lowest recorded value was 1.2% in 2020.
- How does Fiji rank for gross domestic savings?
- Fiji ranks 138th out of 188 countries with data for 2024.
- Is gross domestic savings rising or falling in Fiji?
- Over the last ten years it is down 27.3%. The long-run trend across the full record is falling.
- 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 Gross domestic savings (% of GDP). Statizoid updates them automatically from the source API.
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About this data
Gross domestic savings are calculated as GDP less final consumption expenditure (total consumption). 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.