Fiji recorded a Current Account deficit of 5.90 percent of the country's Gross Domestic Product in 2018.

Current Account to GDP in Fiji averaged -7.24 percent from 1999 until 2018, reaching an all time high of -1.40 percent in 2012 and a record low of -16.30 percent in 2006. This page provides - Fiji Current Account to GDP - actual values, historical data, forecast, chart, statistics, economic calendar and news. Fiji Current Account to GDP - values, historical data and charts - was last updated on August of 2020.

Current Account to GDP in Fiji is expected to reach -4.30 percent by the end of 2020, according to Trading Economics global macro models and analysts expectations. In the long-term, the Fiji Current Account to GDP is projected to trend around -4.50 percent in 2021 and -4.90 percent in 2022, according to our econometric models.

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Fiji Current Account to GDP

Actual Previous Highest Lowest Dates Unit Frequency
-5.90 -7.40 -1.40 -16.30 1999 - 2018 percent Yearly

Fiji Trade Last Previous Highest Lowest Unit
Balance of Trade -171011.00 -180033.00 -75681.00 -636379.00 FJD Thousand [+]
Current Account -68.80 -206.10 103.60 -461.30 FJD Million [+]
Current Account to GDP -5.90 -7.40 -1.40 -16.30 percent [+]
Imports 281152.00 323994.00 817504.00 187941.00 FJD Thousand [+]
Exports 110141.00 143961.00 313336.00 79.99 FJD Thousand [+]
Tourism Revenues 648.00 529.00 649.00 272.40 FJD Million [+]
Tourist Arrivals 709.00 678.00 675050.00 678.00 [+]
Gold Reserves 0.03 0.03 0.03 0.02 Tonnes [+]


Fiji Current Account to GDP
The Current account balance as a percent of GDP provides an indication on the level of international competitiveness of a country. Usually, countries recording a strong current account surplus have an economy heavily dependent on exports revenues, with high savings ratings but weak domestic demand. On the other hand, countries recording a current account deficit have strong imports, a low saving rates and high personal consumption rates as a percentage of disposable incomes.