Fiji Government Budget

Fiji recorded a Government Budget deficit equal to 2.60 percent of the country's Gross Domestic Product in 2013. Government Budget in Fiji is reported by the Reserve Bank of Fiji. Government Budget in Fiji averaged -2.55 Percent of GDP from 1992 until 2013, reaching an all time high of 5 Percent of GDP in 1998 and a record low of -6.50 Percent of GDP in 2001. Government Budget is an itemized accounting of the payments received by government (taxes and other fees) and the payments made by government (purchases and transfer payments). A budget deficit occurs when an government spends more money than it takes in. The opposite of a budget deficit is a budget surplus. This page provides - Fiji Government Budget - actual values, historical data, forecast, chart, statistics, economic calendar and news. 2014-04-19

Actual Previous Highest Lowest Forecast Dates Unit Frequency
-2.60 -1.10 5.00 -6.50 -2.91 | 2014/06 1992 - 2013 Percent of GDP Yearly

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Fiji Government Budget
LIST BY COUNTRY

Government Last Previous Highest Lowest Forecast Unit
Government Debt To GDP 50.20 2012-12-31 52.90 52.90 33.69 48.19 2014-06-30 Percent [+]
Government Budget -2.60 2013-12-31 -1.10 5.00 -6.50 -2.91 2014-06-30 Percent of GDP [+]
Credit Rating 32.50 [+]
[+]


Government Budget | Notes
A government budget is a legal document that forecasts the government expenditures and revenues for a specific period of time. The period covered by a budget is usually a year, known as a financial or fiscal year, which may or may not correspond with the calendar year. A government budget is often passed by the legislature, and approved by the chief executive or president.


RELATED NEWS

Fiji Balance of Trade at -248583.00 Thousand FJD  
Fiji recorded a trade deficit of 248583 Thousand FJD in December of 2013. Balance of Trade in Fiji is reported by the Fiji Bureau of Statistics.
Fiji Exports at 161248.00 Thousand FJD  
Exports in Fiji decreased to 161248 Thousand FJD in December of 2013 from 233273 Thousand FJD in November of 2013. Exports in Fiji is reported by the Fiji Bureau of Statistics.
Fiji Imports at 409831.00 Thousand FJD  
Imports in Fiji decreased to 409831 Thousand FJD in December of 2013 from 613267 Thousand FJD in November of 2013. Imports in Fiji is reported by the Fiji Bureau of Statistics.
Fiji Visitor Arrivals at 47551.00 Persons  
Tourist Arrivals in Fiji decreased to 47551 Persons in January of 2014 from 54410 Persons in December of 2013. Tourist Arrivals in Fiji is reported by the Fiji Bureau of Statistics.
Fiji Inflation Rate at -0.20 Percent  
The inflation rate in Fiji was recorded at -0.20 percent in March of 2014. Inflation Rate in Fiji is reported by the Reserve Bank of Fiji.
Fiji Interest Rate at 0.50 Percent  
The benchmark interest rate in Fiji was last recorded at 0.50 percent. Interest Rate in Fiji is reported by the Reserve Bank of Fiji.
Fiji Personal Income Tax Rate at 31.00 percent  
The Personal Income Tax Rate in Fiji stands at 31 percent. Personal Income Tax Rate in Fiji is reported by the Fiji Revenue & Customs Authority.
Fiji Corporate Tax Rate at 20.00 percent  
The Corporate Tax Rate in Fiji stands at 20 percent. Corporate Tax Rate in Fiji is reported by the Fiji Revenue & Customs Authority.
Fiji Sales Tax Rate | VAT at 15.00 Percent  
The Sales Tax Rate in Fiji stands at 15 percent. Sales Tax Rate in Fiji is reported by the Fiji Revenue & Customs Authority.
Fiji Number of Building Permits Issued at 363.00 Units  
Building Permits in Fiji increased to 363 Units in the third quarter of 2013 from 334 Units in the second quarter of 2013. Building Permits in Fiji is reported by the Reserve Bank of Fiji.
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