Fiji: DEC alternative conversion factor (LCU per US$)

Key figures

What the numbers say

In 2025, Fiji's DEC alternative conversion factor (LCU per US$) rose US$0.03 on 2024 (from US$2.27 to US$2.3).

Across the 30 yearly changes before that (1995 to 2024), the average change was +US$0.03 and a typical year strayed about US$0.16 from that (the standard deviation). This year's change was 0.0 standard deviations above that average, so it was an ordinary year: it sits within the range of normal year-to-year movement.

On record, the biggest yearly rise was US$0.54 in 1998 and the biggest yearly fall was US$0.29 in 2003. The numbers show how large and when, not why; for the cause, look at what happened in that country in those years.

From 2016 to 2025 the straight-line trend is upward, about US$0.02 a year. A straight line explains 76% of the movement over 10 observed years.

Worked out from the yearly values above. How the checks work: standard deviation, z-scores and straight-line trends.

How it compares

In 2025, Fiji had the 141st highest value of the 207 economies reporting that year. Higher is not always better: for some indicators the lowest value is the one to aim for. See the full ranking.

Closest to Fiji in the 2025 ranking

• St. Lucia — 138th of 207: US$2.7
• St. Vincent and the Grenadines — 139th of 207: US$2.7
• Tonga — 140th of 207: US$2.4
• Barbados — 142nd of 207: US$2
• Belize — 143rd of 207: US$2
• Aruba — 144th of 207: US$1.79

What this measures

The DEC alternative conversion factor is the underlying annual exchange rate (the price of one country’s currency in relation to another country's currency) used for the World Bank Atlas method. As a rule, it is the official exchange rate reported in the IMF's International Financial Statistics. Exceptions arise where further refinements are made by World Bank staff. It is expressed in local currency units per U.S. dollar.

All 66 values

DEC alternative conversion factor (LCU per US$) in nearby economies

• American Samoa — US$1 (2024)
• Australia — US$1.55 (2025)
• Brunei Darussalam — US$1.31 (2025)
• Cambodia — US$4,013 (2025)
• China — US$7.19 (2025)
• French Polynesia — US$105.86 (2025)
• Guam — US$1 (2024)
• Hong Kong SAR, China — US$7.8 (2025)
• Indonesia — US$16,478 (2025)
• Japan

More financial sector data for Fiji

• GDP deflator (base year varies by country) — 113.15 (2025)
• Official exchange rate (LCU per US$, period average) — US$2.3 (2025)
• Domestic credit to private sector by banks (% of GDP) — 78.28% (2025)
• Net domestic credit (current LCU) — 12.36 billion (2025)
• Net foreign assets (current LCU) — 3.45 billion (2025)
• Monetary sector credit to private sector (% of GDP) — 78.29% (2025)
• Claims on central government, etc. (% of GDP) — 43.37% (2025)
• Inflation, GDP deflator (annual % growth) — 2% (2025)
• Claims on central government (annual growth as % of broad money) — -3.31% (2024)

Reading data like this

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Questions people ask

What is Fiji's DEC alternative conversion factor (LCU per US$)?

US$2.3 in 2025, according to the World Bank (World Development Indicators).

How has it changed since 1960?

It is up 189.51% from US$0.79 in 1960 (1.65% a year on average, compounded). The highest value was US$2.3 in 2025 and the lowest US$0.79 in 1960.

How does Fiji rank?

141st highest of 207 economies with data for 2025.

Is the latest change in DEC alternative conversion factor (LCU per US$) unusual for Fiji?

In 2025, Fiji's DEC alternative conversion factor (LCU per US$) rose US$0.03 on 2024 (from US$2.27 to US$2.3). Across the 30 yearly changes before that (1995 to 2024), the average change was +US$0.03 and a typical year strayed about US$0.16 from that (the standard deviation). This year's change was 0.0 standard deviations above that average, so it was an ordinary year: it sits within the range of normal year-to-year movement.

Source

World Bank, World Development Indicators, indicator PA.NUS.ATLS, licensed CC BY 4.0. Original source: International Financial Statistics database, International Monetary Fund (IMF); Staff estimates, World Bank (WB) Figures are fetched from the World Bank API and refreshed monthly; see the series on data.worldbank.org. The full definition and method are in the World Bank's metadata glossary. Comparisons use the same World Bank release.

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