Economic Policy & Debt · Fiji
Yearly data from 1980 to 2024, from the World Bank.
Fiji's external balance on goods and services (current US$) was −US$605.83 million in 2024, the latest year in the World Bank's World Development Indicators. That is down 103.02% from −US$298.41 million in 2014.
| Value | Year | |
|---|---|---|
| Latest | −US$605.83 million | 2024 |
| Five years earlier | −US$502.41 million | 2019 |
| Ten years earlier | −US$298.41 million | 2014 |
| Highest | US$85.23 million | 1996 |
| Lowest | −US$958.39 million | 2022 |
| Average since 2015 | −US$516.58 million | 2015–2024 |
| First recorded | −US$40.71 million | 1980 |
Over five years it is down 20.58% from −US$502.41 million in 2019. Since 1980 it is down 1,388% from −US$40.71 million in 1980.
In 2024, Fiji's external balance on goods and services (current US$) rose US$11.29 million on 2023 (from −US$617.12 million to −US$605.83 million).
Across the 30 yearly changes before that (1994 to 2023), the average change was −US$16.72 million and a typical year strayed about US$169.1 million from that (the standard deviation). This year's change was 0.2 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$341.27 million in 2023 and the biggest yearly fall was US$406.32 million in 2013. The numbers show how large and when, not why; for the cause, look at what happened in that country in those years.
From 2015 to 2024 the straight-line trend is downward, about US$70.3 million a year. A straight line explains 68% of the movement over 10 observed years.
Worked out from the yearly values above. How the checks work: standard deviation, z-scores and straight-line trends.
In 2024, Fiji had the 23rd highest value of the 33 economies reporting that year. Higher is not always better: for some indicators the lowest value is the one to aim for. See the full ranking.
The balance of international trade in goods and services is the difference between the exports and imports of goods and services. This indicator is expressed in current prices, meaning no adjustment has been made to account for price changes over time. This indicator is expressed in United States dollars.
| Year | External balance on goods and services (current US$) |
|---|---|
| 2024 | -605,828,153 |
| 2023 | -617,121,271 |
| 2022 | -958,387,068 |
| 2021 | -781,693,328 |
| 2020 | -645,378,446 |
| 2019 | -502,408,590 |
| 2018 | -431,881,114 |
| 2017 | -267,166,616 |
| 2016 | -191,292,674 |
| 2015 | -164,614,350 |
| 2014 | -298,408,611 |
| 2013 | -528,000,078 |
| 2012 | -121,683,251 |
| 2011 | -223,576,736 |
| 2010 | -199,686,319 |
| 2009 | -286,956,077 |
| 2008 | -590,073,414 |
| 2007 | -445,444,948 |
| 2006 | -550,196,396 |
| 2005 | -286,272,520 |
| 2004 | -452,798,615 |
| 2003 | -194,063,831 |
| 2002 | -44,949,472 |
| 2001 | -133,664,060 |
| 2000 | -85,970,991 |
| 1999 | -7,717,205 |
| 1998 | 41,423,040 |
| 1997 | 54,444,387 |
| 1996 | 85,227,678 |
| 1995 | -69,969,204 |
| 1994 | -55,323,145 |
| 1993 | -115,645,928 |
| 1992 | -45,908,459 |
| 1991 | -44,186,674 |
| 1990 | -64,352,411 |
| 1989 | 27,370,793 |
| 1988 | 56,073,799 |
| 1987 | 38,268,034 |
| 1986 | 28,246,942 |
| 1985 | -4,334,431 |
| 1984 | -12,562,385 |
| 1983 | -60,962,420 |
| 1982 | -76,465,308 |
| 1981 | -178,089,389 |
| 1980 | -40,710,788 |
Every indicator for Fiji is on the Fiji data page.
World Bank, World Development Indicators, indicator NE.RSB.GNFS.CD, licensed CC BY 4.0. Original source: Country official statistics, National Statistical Organizations and/or Central Banks; National Accounts data files, Organisation for Economic Co-operation and Development (OECD); 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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