Gross fixed capital formation in Fiji
Fiji: Gross fixed capital formation was 2.72 billion current LCU in 2024. ◆ Volatile
Latest (2024)
2.72 billion current LCU
Change on year
up 13.4%
World rank
166th
of 181 countries
All-time high
2.72 billion current LCU
in 2024
All-time low
183.60 million current LCU
in 1988
Years of data
45
1980–2024
Gross fixed capital formation in Fiji, 1980–2024
Source: Country official statistics, National Statistical Organizations and/or Central Banks. Measured in current LCU.
Analysis
The most recent figure for gross fixed capital formation in Fiji is 2.72 billion current LCU, measured in 2024. That is the highest value across all 45 years on record.
Compared with earlier readings it is up 13.4% on the previous year and up 54.1% over ten years.
Over the whole period, gross fixed capital formation in Fiji peaked at 2.72 billion current LCU in 2024 and was at its lowest, 183.60 million current LCU, in 1988.
Fiji ranks 166th of 181 countries on this measure, in the bottom quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Gross fixed capital formation in Fiji, year by year
| Year | current LCU | Change |
|---|---|---|
| 1980 | 242.10 million current LCU | — |
| 1981 | 284.10 million current LCU | +17.3% |
| 1982 | 265.80 million current LCU | -6.4% |
| 1983 | 235.00 million current LCU | -11.6% |
| 1984 | 219.80 million current LCU | -6.5% |
| 1985 | 234.70 million current LCU | +6.8% |
| 1986 | 222.40 million current LCU | -5.2% |
| 1987 | 223.80 million current LCU | +0.6% |
| 1988 | 183.60 million current LCU | -18.0% |
| 1989 | 197.20 million current LCU | +7.4% |
| 1990 | 248.30 million current LCU | +25.9% |
| 1991 | 287.50 million current LCU | +15.8% |
| 1992 | 275.90 million current LCU | -4.0% |
| 1993 | 401.30 million current LCU | +45.5% |
| 1994 | 361.30 million current LCU | -10.0% |
| 1995 | 393.20 million current LCU | +8.8% |
| 1996 | 524.80 million current LCU | +33.5% |
| 1997 | 587.00 million current LCU | +11.9% |
| 1998 | 855.50 million current LCU | +45.7% |
| 1999 | 941.20 million current LCU | +10.0% |
| 2000 | 649.90 million current LCU | -30.9% |
| 2001 | 727.40 million current LCU | +11.9% |
| 2002 | 905.60 million current LCU | +24.5% |
| 2003 | 1.17 billion current LCU | +29.4% |
| 2004 | 1.28 billion current LCU | +9.5% |
| 2005 | 945.50 million current LCU | -26.4% |
| 2006 | 954.00 million current LCU | +0.9% |
| 2007 | 790.90 million current LCU | -17.1% |
| 2008 | 1.17 billion current LCU | +48.1% |
| 2009 | 895.70 million current LCU | -23.5% |
| 2010 | 960.20 million current LCU | +7.2% |
| 2011 | 1.22 billion current LCU | +27.4% |
| 2012 | 1.06 billion current LCU | -13.3% |
| 2013 | 2.00 billion current LCU | +88.8% |
| 2014 | 1.76 billion current LCU | -11.9% |
| 2015 | 1.95 billion current LCU | +10.3% |
| 2016 | 2.00 billion current LCU | +2.8% |
| 2017 | 2.13 billion current LCU | +6.3% |
| 2018 | 2.19 billion current LCU | +3.0% |
| 2019 | 2.00 billion current LCU | -8.5% |
| 2020 | 1.62 billion current LCU | -19.0% |
| 2021 | 1.59 billion current LCU | -2.3% |
| 2022 | 2.19 billion current LCU | +38.4% |
| 2023 | 2.40 billion current LCU | +9.3% |
| 2024 | 2.72 billion current LCU | +13.4% |
Fiji compared with similar countries
- Fiji's 2.72 billion current LCU is below the median for upper middle income countries, which is 431.60 billion current LCU, 1% of the median. (51 countries reporting)
- Fiji's 2.72 billion current LCU is below the median for East Asia & Pacific, which is 174.36 billion current LCU, 2% of the median. (29 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1980s | 230.85 million current LCU | 183.60 million current LCU | 284.10 million current LCU | 10 |
| 1990s | 487.60 million current LCU | 248.30 million current LCU | 941.20 million current LCU | 10 |
| 2000s | 949.61 million current LCU | 649.90 million current LCU | 1.28 billion current LCU | 10 |
| 2010s | 1.73 billion current LCU | 960.20 million current LCU | 2.19 billion current LCU | 10 |
| 2020s | 2.10 billion current LCU | 1.59 billion current LCU | 2.72 billion current LCU | 5 |
Countries ranked near Fiji
- 163 Jordan 3.33 billion current LCU compare
- 164 Kosovo 3.28 billion current LCU compare
- 164 Kosovo (UNSCR 1244) 3.28 billion current LCU compare
- 167 Solomon Islands 2.61 billion current LCU compare
- 168 South Sudan 2.49 billion current LCU compare
- 169 Papua New Guinea 2.29 billion current LCU compare
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 gross fixed capital formation in Fiji?
- Gross fixed capital formation in Fiji was 2.72 billion current LCU in 2024, according to Country official statistics, National Statistical Organizations and/or Central Banks.
- What is the highest gross fixed capital formation recorded in Fiji?
- The highest recorded value was 2.72 billion current LCU in 2024.
- What is the lowest gross fixed capital formation recorded in Fiji?
- The lowest recorded value was 183.60 million current LCU in 1988.
- How does Fiji rank for gross fixed capital formation?
- Fiji ranks 166th out of 181 countries with data for 2024.
- Is gross fixed capital formation rising or falling in Fiji?
- Over the last ten years it is up 54.1%. 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 Gross fixed capital formation (current LCU). Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 45 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
About this data
Gross fixed capital formation includes acquisitions less disposals of fixed assets during the accounting period, including certain specified expenditures on services that add to the value of non-produced assets. This indicator is expressed in current prices, meaning no adjustment has been made to account for price changes over time. This series is expressed in local currency units.