0.5 (%) in 2019 In 2019, real GDP growth for Fiji was 0.5 %.
Nevertheless, Fiji is a developing country endowed with forest, mineral and fish resources.
Trading Economics members can view, download and compare data from nearly 200 countries, including more than 20 million economic indicators, exchange rates, government bond yields, stock indexes and commodity prices. The Gross Domestic Product (GDP) in Fiji expanded 1 percent in 2019 from the previous year. Fiji is one of the most developed island nations in the Pacific region. Inflation rate reflects the 2014 Consumer Price Index (CPI) Rebase as per Fiji Bureau of Statistics CPI Release dated 14 March 2019. The GDP per Capita in Fiji is equivalent to 38 percent of the world's average. Data for 2016-2018 are based on the Fiji Bureau of Statistics GDP Release dated 30 August 2019. Sugar and textiles exports remain important sources of revenue, but have fallen from prominence as Fiji is unable to compete globally. Its overall score has increased by 1.2 points, primarily because of a higher government integrity score. Current USD
The gross domestic product (GDP) measures of national income and output for a given country's economy. It allows API clients to download millions of rows of historical data, to query our real-time economic calendar, subscribe to updates and receive quotes for currencies, commodities, stocks and bonds. Trading Economics members can view, download and compare data from nearly 200 countries, including more than 20 million economic indicators, exchange rates, government bond yields, stock indexes and commodity prices. 1960-2019 Data | 2020-2022 Forecast | Historical | Chart | NewsDownload historical data for 20 million indicators using your browser.Direct access to our calendar releases and historical data. It allows API clients to download millions of rows of historical data, to query our real-time economic calendar, subscribe to updates and receive quotes for currencies, commodities, stocks and bonds. The country has a large subsistence agriculture sector, which accounts for 18% of gross domestic product, although it employed some 70% of the workforce as of 2001. The description is composed by our digital data assistant. 10Y 25Y The Trading Economics Application Programming Interface (API) provides direct access to our data. GDP Annual Growth Rate in Fiji averaged 2.67 percent from 1971 until 2019, reaching an all time high of 12.70 percent in 1973 and a record low of -6.40 percent in 1987. Sugar cane processing makes up one-third of industrial activity. GDP of Fiji increased from 1.82 billion US dollars in 2000 to 5.71 billion US dollars in 2019 growing at an average annual rate of 6.60%. The economy of Fiji is one of the most developed among the Pacific islands. Though Fiji real GDP growth fluctuated substantially in recent years, it tended to increase through 2000 - 2019 period ending at 0.5 % in 2019. In 2019, GDP for Fiji was 5.71 billion US dollars. The gross domestic product (GDP) is equal to the total expenditures for all final goods and services produced within the country in a stipulated period of time.
The description is composed by our digital data assistant.
Sugar exports and the growing tourist industry are the major sources of foreign exchange. Fiji’s economic freedom score is 63.4, making its economy the 77th freest in the 2020 Index. The Gross Domestic Product (GDP) in Fiji was worth 5.54 billion US dollars in 2019, according to official data from the World Bank and projections from Trading Economics. Nominal (current) Gross Domestic Product (GDP) of Fiji is $5,061,202,767 (USD) as of 2017.; … Tourism is the most important sector of the economy and accounts for more than 25 percent of GDP. Fiji's GDP growth rate is expected at -4.9% in 2020 and 3.0% in 2021 – ADO 2020 Fiji's inflation rates forecasted at 1.5% in 2020 and 3.5% in 2021 – ADO 2020 Per capita GDP growth for Fiji is expected at -5.5% in 2020 and 2.4% in 2021 – ADB Report
This page provides - Fiji GDP Annual Growth Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news. The Trading Economics Application Programming Interface (API) provides direct access to our data. The Gross Domestic Product per capita in Fiji was last recorded at 4810.90 US dollars in 2019. Still, more than 31 percent of the population lives under poverty and the country is dependent on foreign aid and remittances. 1971-2019 Data | 2020-2022 Forecast | Historical | ChartDownload historical data for 20 million indicators using your browser.Direct access to our calendar releases and historical data. 2019 - 2022 are based on the Macroeconomic Committee forecast … Coconuts, ginger, and copraar…
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