Fiji Government Debt To GDP

Fiji recorded a Government Debt to GDP of 50.20 percent of the country's Gross Domestic Product in 2012. Government Debt To GDP in Fiji is reported by the Reserve Bank of Fiji. Government Debt To GDP in Fiji averaged 42.37 Percent from 1980 until 2012, reaching an all time high of 52.90 Percent in 2011 and a record low of 33.69 Percent in 1981. Generally, Government debt as a percent of GDP is used by investors to measure a country ability to make future payments on its debt, thus affecting the country borrowing costs and government bond yields. This page provides - Fiji Government Debt To GDP - actual values, historical data, forecast, chart, statistics, economic calendar and news. 2014-04-24

Actual Previous Highest Lowest Forecast Dates Unit Frequency
50.20 52.90 52.90 33.69 48.19 | 2014/06 1980 - 2012 Percent Yearly

TO

Fiji Government Debt To GDP
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 Debt to GDP | Notes
Government debt as a percent of GDP, also known as debt-to-GDP ratio, is the amount of national debt a country has in percentage of its Gross Domestic Product. Basically, Government debt is the money owed by the central government to its creditors. There are two types of government debt: net and gross. Gross debt is the accumulation of outstanding government debt which may be in the form of government bonds, credit default swaps, currency swaps, special drawing rights, loans, insurance and pensions. Net debt is the difference between gross debt and the financial assets that government holds. The higher the debt-to-GDP ratio, the less likely the country will pay its debt back, and more likely the country is to default on its debt obligations.


RELATED NEWS

Fiji Gold Reserves at 0.02 Tonnes  
Gold Reserves in Fiji remained unchanged at 0.02 Tonnes in the fourth quarter of 2013 from 0.02 Tonnes in the third quarter of 2013. Gold Reserves in Fiji is reported by the World Gold Council.
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 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 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.
MORE RELATED NEWS

LATEST NEWS

US Durable Goods Orders Surge in March  
New orders for manufactured durable goods in March increased $6.0 billion or 2.6 percent to $234.8 billion. This increase, up two consecutive months, followed a 2.1 percent February increase.
US Jobless Claims Rise in Latest Week  
In the week ending April 19, the advance figure for seasonally adjusted initial claims was 329,000, an increase of 24,000 from the previous week's revised level. There were no special factors impacting this week's initial claims.
Central Bank of Turkey Leaves Main Rates on Hold  
The Monetary Policy Committee decided on April 24th, 2014, to leave the one-week repo rate on hold at 10.0 percent for the third straight meeting. The Central Bank said it will maintain the current policy stance until there is a significant improvement in the outlook for inflation.
Swiss Trade Surplus Narrows Further in March  
The trade surplus decreased 10.6 percent in March of 2014 from the previous month to CHF 2.1 billion as imports rose at a higher pace than exports. Compared with a year earlier, the trade balance increased by 17.2 percent, driven by stronger sales of pharmaceuticals and chemicals products, and machinery to Europe and China.
Polish Unemployment Rate Falls in March  
Poland’s jobless rate dropped for the second straight month in March of 2014 to 13.5 percent, down from 13.9 percent in February and below market forecasts. A year earlier, unemployment was recorded at 14.3 percent.
South Korean Economy Expands at a Fastest Pace  
In the first quarter of 2014, South Korea’s GDP accelerated for the fourth straight quarter to an annual 3.9 percent growth rate, driven by exports.
South Korea GDP Growth Beats Expectations in Q1  
South Korean GDP expanded a seasonally adjusted 0.9 percent on quarter in the first three months of 2014, the same rate recorded in the previous quarter and above market expectations.
Reserve Bank of New Zealand Increases Interest Rate to 3.0%  
At its April 23rd, 2014 meeting, the Reserve Bank of New Zealand lifted the benchmark interest rate for the second straight meeting by 25 bps to 3.0 percent, as inflationary pressures were increasing and were expected to continue doing so over the next two years.
US New Home Sales Fall Sharply in March  
Sales of new single-family houses dropped 14.5 percent in March of 2014 to their lowest level in eight months. Sales were recorded at a seasonally adjusted annual rate of 384,000, below the revised February rate of 449,000.
US Markit Manufacturing PMI Steady in April  
At 55.4 in April, the Markit Flash U.S. Manufacturing PMI was down fractionally from 55.5 in March, but still well above the neutral 50.0 value. Sharper rates of output and new business growth boosted the Manufacturing PMI during April, while the main negative influence on the headline index was a rise in the suppliers’ delivery times component.
MORE TOP NEWS

OVERVIEW    |     WORLBANK    |     [+] Calendar    |     [+] Countries    |     [+] Indicators    |     News