Fiji GDP Annual Growth Rate  1971-2016 | Data | Chart | Calendar

The Gross Domestic Product (GDP) in Fiji expanded 4.2 percent in 2015 from the previous year, according to preliminary estimates. GDP Annual Growth Rate in Fiji averaged 2.61 percent from 1971 until 2015, reaching an all time high of 12.70 percent in 1973 and a record low of -6.40 percent in 1987.

Fiji GDP Annual Growth Rate
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Fiji GDP Last Previous Highest Lowest Unit
GDP Annual Growth Rate 4.20 5.30 12.70 -6.40 percent [+]
GDP 4.39 4.53 4.53 0.11 USD Billion [+]
GDP per capita 4041.70 3933.10 4041.70 1705.60 USD [+]
GDP per capita PPP 8619.70 8388.20 8619.70 6016.00 USD [+]



Fiji GDP Annual Growth Rate Notes

Fiji is one of the most developed island nations in the Pacific region. Still, more than 31 percent of the population lives under poverty and the country is dependent on foreign aid and remittances. Following a military coup in 2006, Fiji has been targeted by international sanctions and was expelled from the Commonwealth, and the Pacific Islands Forum. The coup also resulted in a drastic increase in people leaving the country. Tourism is the most important sector in the economy and accounts for more than 25 percent of GDP. Sugar and textiles exports remain important sources of revenue, but have fallen from prominence as Fiji is unable to compete globally. Fiji also has problems attracting foreign capital as the military government controls a large part of the economy. This page provides - Fiji GDP Annual Growth Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news. Fiji GDP Annual Growth Rate - actual data, historical chart and calendar of releases - was last updated on December of 2016.

Actual Previous Highest Lowest Dates Unit Frequency
4.20 5.30 12.70 -6.40 1971 - 2015 percent Yearly



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