Fiji | Economic Forecasts | 2016-2020 Outlook

MARKETS Actual Q1/17 Q2/17 Q3/17 Q4/17 2020
Currency 2.06 2.18 2.2 2.23 2.25 2.57 [+]
GDP Actual Q1/17 Q2/17 Q3/17 Q4/17 2020
GDP Annual Growth Rate 4.20 3 3 3 3 2.4 percent [+]
GDP 4.39 4.42 4.42 4.42 4.42 4.59 USD Billion [+]
GDP per capita 4349.52 4100 4100 4075 4100 4230 USD [+]
GDP per capita PPP 8756.40 8750 8750 8750 8750 9020 USD [+]
LABOUR Actual Q1/17 Q2/17 Q3/17 Q4/17 2020
Unemployment Rate 7.90 7.5 7.5 7.5 7.5 7.4 percent [+]
Population 0.87 0.86 0.86 0.87 0.87 0.88 Million [+]
PRICES Actual Q1/17 Q2/17 Q3/17 Q4/17 2020
Inflation Rate 6.80 6.1 5.5 5.1 4.7 3.27 percent [+]
Producer Prices 114.60 114 114 114 114 114 Index Points [+]
Producer Prices Change 2.00 1.81 1.89 1.83 1.87 1.85 percent [+]
Inflation Rate Mom 2.30 0.76 0.19 0.47 0.35 0.38 percent [+]
Food Inflation 7.10 7.56 6.77 6.42 6.42 6.46 percent [+]
Cpi Transportation 99.30 99.29 99.6 99.65 99.67 99.68 Index Points [+]
Consumer Price Index Cpi 116.30 117 116 116 116 116 Index Points [+]
MONEY Actual Q1/17 Q2/17 Q3/17 Q4/17 2020
Interest Rate 0.50 0.5 0.5 1 1 1.5 percent [+]
Deposit Interest Rate 2.50 2.18 2.31 2.43 2.55 2.36 percent [+]
TRADE Actual Q1/17 Q2/17 Q3/17 Q4/17 2020
Balance of Trade -204403.00 -176242 -176321 -176260 -176268 -176267 Thousand FJD [+]
Exports 145605.00 143211 143408 143439 143435 143433 Thousand FJD [+]
Imports 350008.00 318049 319920 319920 319845 319850 Thousand FJD [+]
Current Account 57.90 118 56.3 60.24 90.38 76.88 FJD Million [+]
Current Account to GDP -3.80 -10.15 -9.91 -9.67 -9.42 -8.36 percent [+]
Tourism Revenues 416.30 343 381 411 364 356 FJD Million [+]
Tourist Arrivals 62488.00 62294 62296 62296 62296 62296 [+]
Gold Reserves 0.03 0.03 0.03 0.03 0.03 0.03 Tonnes [+]
GOVERNMENT Actual Q1/17 Q2/17 Q3/17 Q4/17 2020
Government Debt to GDP 46.30 49.41 48.1 46.78 45.46 43.4 percent [+]
Government Budget -2.50 -2.91 -2.68 -2.44 -2.2 -2.51 percent of GDP [+]
Military Expenditure 53.20 51.9 52.87 53.85 53.49 52.46 USD Million [+]
BUSINESS Actual Q1/17 Q2/17 Q3/17 Q4/17 2020
Industrial Production -7.30 -8.93 -7.66 -3.35 -7.49 -7.01 percent [+]
Ease of Doing Business 97.00 83.15 85.05 86.94 88.84 79.69 [+]
Corruption Index 40.00 40 40 40 40 40 Points [+]
Corruption Rank 55.00 55 55 55 55 55 [+]
CONSUMER Actual Q1/17 Q2/17 Q3/17 Q4/17 2020
Retail Sales Yoy 8.00 3.69 6.86 7.53 5.93 5.89 percent [+]
HOUSING Actual Q1/17 Q2/17 Q3/17 Q4/17 2020
Building Permits 419.00 432 431 433 433 433 [+]
TAXES Actual Q1/17 Q2/17 Q3/17 Q4/17 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. 2/25/2017