Fiji's gross domestic savings (current LCU) was 1.45 billion in 2024, the latest year in the World Bank's World Development Indicators. That is up 7.33% from 1.35 billion in 2014 (0.71% a year on average, compounded).
Key figures
| Value | Year | |
|---|---|---|
| Latest | 1.45 billion | 2024 |
| Five years earlier | 1.12 billion | 2019 |
| Ten years earlier | 1.35 billion | 2014 |
| Highest | 1.86 billion | 2015 |
| Lowest | 86.1 million | 2006 |
| Average since 2015 | 1.11 billion | 2015–2024 |
| First recorded | 270.1 million |
What the numbers say
In 2024, Fiji's gross domestic savings (current LCU) rose 38% on 2023 (from 1.05 billion to 1.45 billion).
Across the 30 yearly changes before that (1994 to 2023), the average change was +25.5% and a typical year strayed about 70.7% 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 272.1% in 2023 and the biggest yearly fall was 90.3% in 2020. 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 131.71 million a year. A straight line explains 32% 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 2024, Fiji had the 25th highest value of the 36 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 2024 ranking
- Bermuda — 22nd of 36: 4.14 billion
- Bahamas, The — 23rd of 36: 3.61 billion
- Aruba — 24th of 36: 2.46 billion
- Belize — 26th of 36: 1.27 billion
- Palau — 27th of 36: -41.59 million
- Marshall Islands — 28th of 36: -68.44 million
What this measures
Gross domestic savings are calculated as GDP less final consumption expenditure (total consumption). This indicator is expressed in current prices, meaning no adjustment has been made to account for price changes over time. This series is expressed in local currency units.
All 45 values
| Year | Gross domestic savings (current LCU) |
|---|---|
| 2024 | 1,450,600,000 |
| 2023 | 1,051,300,000 |
| 2022 | 282,500,000 |
| 2021 | 120,300,000 |
| 2020 | 108,100,000 |
| 2019 | 1,115,200,000 |
| 2018 | 1,550,755,600 |
| 2017 | 1,818,251,600 |
| 2016 | 1,779,998,800 |
| 2015 | 1,856,610,300 |
| 2014 |
Gross domestic savings (current LCU) in nearby economies
- Australia — 694.63 billion (2025)
- Brunei Darussalam — 9.21 billion (2025)
- Cambodia — 74.27 trillion (2025)
- China — 58.4 trillion (2024)
- French Polynesia — -39.85 billion (2024)
- Hong Kong SAR, China — 706.95 billion (2025)
- Indonesia — 8,870.47 trillion (2025)
- Japan — 169.88 trillion (2024)
- Kiribati — -326.7 million (2024)
- Korea, Rep. — 914.34 trillion (2025)
More economic policy & debt data for Fiji
- Gross Value Added (GVA) at basic prices (current US$) — US$5.26 billion (2025)
- Gross Value Added (GVA) at basic prices (current LCU) — 12.1 billion (2025)
- Gross Value Added (GVA) at basic prices (constant 2015 US$) — US$4.32 billion (2025)
- Gross Value Added (GVA) at basic prices (constant LCU) — 10.69 billion (2025)
- GDP (current US$) — US$6.2 billion (2025)
- GDP (current LCU) — 14.25 billion (2025)
- GDP (constant 2015 US$) — US$5.69 billion (2025)
- GDP (constant LCU) — 12.59 billion (2025)
- GDP per capita (current US$) — US$6,642 (2025)
- GDP per capita (current LCU) — 15,270 (2025)
Reading data like this
Questions people ask
- What is Fiji's gross domestic savings (current LCU)?
- 1.45 billion in 2024, according to the World Bank (World Development Indicators).
- How has it changed since 1980?
- It is up 437.06% from 270.1 million in 1980 (3.89% a year on average, compounded). The highest value was 1.86 billion in 2015 and the lowest 86.1 million in 2006.
- How does Fiji rank?
- 25th highest of 36 economies with data for 2024.
- Is the latest change in gross domestic savings (current LCU) unusual for Fiji?
- In 2024, Fiji's gross domestic savings (current LCU) rose 38% on 2023 (from 1.05 billion to 1.45 billion). Across the 30 yearly changes before that (1994 to 2023), the average change was +25.5% and a typical year strayed about 70.7% 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.
Source
World Bank, World Development Indicators, indicator NY.GDS.TOTL.CN, 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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