Fiji | Economic Forecasts | 2016-2020 Outlook

MARKETS Actual Q4/16 Q1/17 Q2/17 Q3/17 2020
Currency 2.09 2.1 2.12 2.14 2.16 2.5 [+]
GDP Actual Q4/16 Q1/17 Q2/17 Q3/17 2020
GDP Annual Growth Rate 4.20 2.7 3 3 3 2.4 percent [+]
GDP 4.39 4.39 4.42 4.42 4.42 4.59 USD Billion [+]
GDP per capita 4041.70 4074 4100 4100 4215 4230 USD [+]
GDP per capita PPP 8619.70 8678 8750 8750 8750 9020 USD [+]
LABOUR Actual Q4/16 Q1/17 Q2/17 Q3/17 2020
Unemployment Rate 7.90 7.8 7.5 7.5 7.5 7.4 percent [+]
Population 0.87 0.87 0.87 0.87 0.87 0.88 Million [+]
PRICES Actual Q4/16 Q1/17 Q2/17 Q3/17 2020
Inflation Rate 4.70 5.9 6.1 5.5 5.1 3.27 percent [+]
Producer Prices 114.60 114 114 114 114 114 Index Points [+]
Producer Prices Change 1.20 0.67 -0.57 0.2 -0.1 -0.8 percent [+]
Inflation Rate Mom -0.60 0.02 0.23 0.18 0.19 0.19 percent [+]
Food Inflation 3.60 3.72 4.39 4.72 4.91 5.17 percent [+]
Consumer Price Index Cpi 114.50 115 115 115 115 115 Index Points [+]
MONEY Actual Q4/16 Q1/17 Q2/17 Q3/17 2020
Interest Rate 0.50 1 1 1 1 1.5 percent [+]
Deposit Interest Rate 2.50 2.55 2.48 2.41 2.35 2.36 percent [+]
TRADE Actual Q4/16 Q1/17 Q2/17 Q3/17 2020
Balance of Trade -172126.00 -166250 -166250 -166199 -166210 -166209 Thousand FJD [+]
Exports 133276.00 137460 137305 137321 137326 137326 Thousand FJD [+]
Imports 245468.00 289491 290156 290222 290182 290182 Thousand FJD [+]
Current Account 38.70 -113 -121 -126 -117 -103 FJD Million [+]
Current Account to GDP -7.20 -12.65 -12.43 -12.21 -12 -7.13 percent [+]
Tourism Revenues 340.90 361 360 358 357 341 FJD Million [+]
Tourist Arrivals 85704.00 85792 85792 85792 85792 85792 [+]
Gold Reserves 0.03 0.03 0.03 0.03 0.03 0.03 Tonnes [+]
GOVERNMENT Actual Q4/16 Q1/17 Q2/17 Q3/17 2020
Government Debt to GDP 50.60 51.04 50.99 50.94 50.89 49.79 percent [+]
Government Budget -4.10 -3.12 -2.89 -2.67 -2.45 -2.45 percent of GDP [+]
Military Expenditure 53.20 51.9 52.87 53.85 53.49 52.46 USD Million [+]
BUSINESS Actual Q4/16 Q1/17 Q2/17 Q3/17 2020
Industrial Production 0.30 -0.63 2.67 0 -0.03 -0.05 percent [+]
Corruption Index 40.00 40 40 40 40 40 Points [+]
Corruption Rank 55.00 55 55 55 55 55 [+]
Ease of Doing Business 97.00 81.26 85.05 86.94 88.84 79.69 [+]
CONSUMER Actual Q4/16 Q1/17 Q2/17 Q3/17 2020
Retail Sales Yoy 4.63 4.47 4.47 4.47 4.47 4.47 percent [+]
HOUSING Actual Q4/16 Q1/17 Q2/17 Q3/17 2020
Building Permits 379.00 358 358 357 358 357 [+]
TAXES Actual Q4/16 Q1/17 Q2/17 Q3/17 2020
Corporate Tax Rate 20.00 20 20 20 20 20 percent [+]
Personal Income Tax Rate 20.00 20 20 20 20 20 percent [+]
Sales Tax Rate 9.00 9 9 9 9 9 percent [+]
Social Security Rate 18.00 18 18 18 18 18 percent [+]
Social Security Rate For Companies 10.00 10 10 10 10 10 percent [+]
Social Security Rate For Employees 8.00 8 8 8 8 8 percent [+]





Economic Forecasts for Fiji including a long-term outlook for the next decades, plus medium-term expectations for the next four quarters and short-term market predictions for the next release affecting the Fiji economy. 12/10/2016