Current Account to GDP in Fiji decreased to -12.60 percent in 2019 from -8.50 percent in 2018. source: Reserve Bank of Fiji

Current Account to GDP in Fiji averaged -7.39 percent from 1999 until 2019, 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 January of 2021.

Current Account to GDP in Fiji is expected to reach -10.00 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 -8.00 percent in 2021 and -7.00 percent in 2022, according to our econometric models.

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Fiji Current Account to GDP

Actual Previous Highest Lowest Dates Unit Frequency
-12.60 -8.50 -1.40 -16.30 1999 - 2019 percent Yearly

Fiji Trade Last Previous Highest Lowest Unit
Balance of Trade -152936.00 -110354.00 -75681.00 -636379.00 FJD Thousand [+]
Current Account -347.10 -347.20 103.60 -823.70 FJD Million [+]
Current Account to GDP -12.60 -8.50 -1.40 -16.30 percent [+]
Imports 315492.00 264830.00 817504.00 187941.00 FJD Thousand [+]
Exports 162556.00 154476.00 313336.00 79.99 FJD Thousand [+]
Tourism Revenues 4.00 304.00 649.00 4.00 FJD Million [+]
Tourist Arrivals 1005.00 976.00 675050.00 413.00 [+]
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.