Fiji recorded a Government Budget deficit equal to 7.10 percent of the country's Gross Domestic Product in 2023. Government Budget in Fiji averaged -3.48 percent of GDP from 1992 until 2023, reaching an all time high of 5.00 percent of GDP in 1998 and a record low of -12.10 percent of GDP in 2022. source: Reserve Bank of Fiji




Related Last Previous Unit Reference
Credit Rating 35.00 Jan 2025
Government Budget -7.10 -12.10 percent of GDP Dec 2023
Government Debt to GDP 75.60 91.10 percent of GDP Dec 2023
Holidays
Military Expenditure 72.50 67.40 USD Million Dec 2023

Fiji Government Budget
The Government Budget to GDP ratio is an itemized accounting of the payments received by the government (taxes and other fees) and the payments made by the government (purchases and transfer payments) relative to GDP. A budget deficit occurs when a government spends more money than it takes in. The opposite of a budget deficit is a budget surplus.
Actual Previous Highest Lowest Dates Unit Frequency
-7.10 -12.10 5.00 -12.10 1992 - 2023 percent of GDP Yearly