Fiji GDP Trends from 1980 to 2024: A overall increase with some decline Flow

Fiji's GDP changed from approximately $1B 303M in 1980 to $5B 801M in 2024, showing an overall 345.2% sharply increased during the period.
The lowest GDP was recorded in 1988 at $1B 202M, and the highest in 2024 at $5B 801M.
Over the 44-year span, the GDP showed a overall increase with some decline trend, with an average annual growth rate of 3.5%.
For comparison, the average annual growth rate of Tonga was 4.9%, and that of Samoa was 4.9%.

Overview of Fiji's GDP (1980–2024)

The Gross Domestic Product (GDP) of Fiji recorded a 345.2% sharply increased from 1980 to 2024.
The average GDP during this period was $2B 939M, and the median was $2B 307M.
GDP fluctuated within a range of $4B 599M, with a standard deviation of $1B 531M.
The average annual change was $110M 704K.


Fiji GDP from 1980 to 2024

The total market value of goods and services produced annually in Fiji.

Change Chart

    Highest and Lowest GDP Records

    • Lowest GDP: 1988, $1B 202M
    • Highest GDP: 2024, $5B 801M
    • Most Recent GDP: 2024, $5B 801M

    Notable Annual GDP Changes

    • 2011: Significant increase in GDP
    • 2020: Noticeable drop in GDP

    Overall pattern: overall increase with some decline


    Global Economic Events and Fiji's GDP

    COVID-19 Pandemic (2020)

    • Period: From 2019 to 2020
    • GDP Change: $5B 444M → $4B 432M
    • Outcome: sharply declined

    2008 Global Financial Crisis

    • Period: From 2007 to 2009
    • GDP Change: $3B 688M → $3B 106M
    • Outcome: sharply declined

    2001 Dot-com Bubble Burst

    • Period: From 2000 to 2001
    • GDP Change: $1B 824M → $1B 798M
    • Outcome: declined

    1998 Asian Financial Crisis

    • Period: From 1997 to 1998
    • GDP Change: $2B 268M → $1B 795M
    • Outcome: sharply declined

    Key Economic Indicators of Fiji (1980–2024)

    yearNominal GDPGDP per CapitaPPP per CapitaPPP GDPGDP GrowthCurrent AccountSavingsFiscal BalancePopulation
    1980
    $ 1B 303M
    $ 2,056.07
    $ 2,696.51
    $ 1B 709M
    -1.694 %
    -3.151 %
    0 %
    0 %
    634,000 people
    1981
    $ 1B 339M
    $ 2,062.16
    $ 3,054.32
    $ 1B 983M
    6.004 %
    -13.496 %
    0 %
    0 %
    649,000 people
    1982
    $ 1B 293M
    $ 1,941.77
    $ 3,125.81
    $ 2B 81M
    -1.092 %
    -9.173 %
    0 %
    0 %
    666,000 people
    1983
    $ 1B 217M
    $ 1,781.08
    $ 3,034.29
    $ 2B 73M
    -4.212 %
    -8.7 %
    0 %
    0 %
    683,000 people
    1984
    $ 1B 276M
    $ 1,828.86
    $ 3,388.71
    $ 2B 364M
    10.107 %
    -5.345 %
    0 %
    0 %
    698,000 people
    1985
    $ 1B 236M
    $ 1,744.39
    $ 3,311.87
    $ 2B 347M
    -3.774 %
    -5.417 %
    0 %
    0 %
    709,000 people
    1986
    $ 1B 398M
    $ 1,954.09
    $ 3,568.40
    $ 2B 552M
    6.596 %
    -2.514 %
    0 %
    0 %
    715,000 people
    1987
    $ 1B 276M
    $ 1,776.90
    $ 3,380.29
    $ 2B 427M
    -7.194 %
    1.536 %
    0 %
    0 %
    718,000 people
    1988
    $ 1B 202M
    $ 1,672.49
    $ 3,616.48
    $ 2B 600M
    3.462 %
    5.535 %
    0 %
    0 %
    719,000 people
    1989
    $ 1B 281M
    $ 1,747.12
    $ 4,196.50
    $ 3B 77M
    13.888 %
    -1.274 %
    0 %
    0 %
    733,000 people
    1990
    $ 1B 448M
    $ 1,959.19
    $ 4,568.96
    $ 3B 378M
    5.802 %
    -9.174 %
    0 %
    0 %
    739,000 people
    1991
    $ 1B 500M
    $ 2,012.45
    $ 4,559.15
    $ 3B 398M
    -2.7 %
    -4.925 %
    0 %
    0 %
    745,000 people
    1992
    $ 1B 659M
    $ 2,208.96
    $ 4,908.18
    $ 3B 687M
    6.1 %
    -2.422 %
    0 %
    0.724 %
    751,000 people
    1993
    $ 1B 772M
    $ 2,339.82
    $ 5,114.49
    $ 3B 873M
    2.6 %
    -5.089 %
    0 %
    0.858 %
    757,000 people
    1994
    $ 1B 977M
    $ 2,590.93
    $ 5,447.17
    $ 4B 157M
    5.1 %
    -1.85 %
    0 %
    2.495 %
    763,000 people
    1995
    $ 2B 134M
    $ 2,779.97
    $ 5,671.58
    $ 4B 354M
    2.6 %
    -1.463 %
    0 %
    3.498 %
    768,000 people
    1996
    $ 2B 307M
    $ 2,975.91
    $ 5,995.52
    $ 4B 647M
    4.8 %
    0.813 %
    0 %
    -0.847 %
    775,000 people
    1997
    $ 2B 268M
    $ 2,900.26
    $ 5,898.83
    $ 4B 614M
    -2.4 %
    -2.649 %
    0 %
    -1.532 %
    782,000 people
    1998
    $ 1B 795M
    $ 2,270.07
    $ 5,977.96
    $ 4B 726M
    1.3 %
    -0.416 %
    0 %
    9.405 %
    791,000 people
    1999
    $ 2B 104M
    $ 2,638.51
    $ 6,534.08
    $ 5B 210M
    8.7 %
    -2.393 %
    0 %
    3.496 %
    797,000 people