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Fiji Budget Deficit

General government net lending/borrowing as % of GDP  GGXCNL_NGDP

Fiji's budget deficit was -3.70% in 2025, ranked 123rd globally. This represents a 6.0% decrease from 2024. Data from IMF WEO, covering 1992–2025.

-3.70% −0.21% (-6.0%)
Year 2025 Rank #123 Global Peak 5.40% (1998) Source IMF WEO

Fiji Budget Deficit (1992–2025)

Overview

Fiji's budget deficit stood at -3.70% in 2025, a decline of +0.21% from 2024. The IMF projects -3.70% by 2025. Fiji ranked 123rd globally.

Fiji’s budget deficit widened to –3.70 percent of GDP in 2025, matching Cambodia’s position and placing the nation at rank 123 globally among 190 economies in the IMF World Economic Outlook database. The current shortfall follows a dramatic swing from the all‑time peak of 5.40 percent in 1998, when fiscal expansion coincided with a post‑cyclone reconstruction boom, to the all‑time trough of –14.22 percent in 2021, reflecting pandemic‑induced spending cuts and revenue losses. Over the 34‑year series, the deficit has oscillated around the zero line, with the recent figure indicating a modest re‑tightening of fiscal policy after the severe 2021 contraction. Compared with peers such as Bangladesh (–3.79 percent) and Türkiye (–3.69 percent), Fiji’s deficit remains slightly less pronounced, suggesting a relatively disciplined fiscal stance. Continued improvement in tax collection and a gradual recovery in tourism revenues could further narrow the gap, steering the deficit toward a sustainable, near‑balanced position in the medium term.

Data & projection

Year Budget Deficit YoY change Rank
2030* IMF -4.45% - -
2029* IMF -4.44% - -
2028* IMF -4.37% - -
2027* IMF -4.37% - -
2026* IMF -6.09% - -
2025* IMF -3.70% - -
2025 -3.70% −0.21% #123
2024 -3.50% +3.66% #78
2023 -7.15% +5.12% #18
2022 -12.28% +1.95% #7
2021 -14.22% −5.88% #3
2020 -8.34% −4.69% #57
2019 -3.65% +1.17% #53
2018 -4.82% −2.54% #33
2017 -2.29% +3.41% #97
2016 -5.70% −1.79% #37
2015 -3.91% −0.42% #66
2014 -3.48% −3.41% #70
2013 -0.08% +0.60% #153
2012 -0.68% +0.04% #132
2011 -0.72% +0.58% #131
Show all years (1992-2025)
* IMF World Economic Outlook projection

Detected Pattern

Export Boom Cycle
Current account surplus with strong export growth (>15% YoY), reserve accumulation, and moderate GDP growth. Typical of commodity exporters during price surges.
Reserves YoY +11.1% GDP growth 8.8% C/A balance 0.7%
Occurred 768 times, 546 successful
Reserves YoY
+25.6%
GDP growth
4.0%
C/A balance
14.5%
Reserves YoY
+14.6%
GDP growth
3.7%
C/A balance
2.9%
Reserves YoY
+12.8%
GDP growth
43.8%
C/A balance
16.4%
Reserves YoY
+12.6%
GDP growth
6.0%
C/A balance
0.5%
Reserves YoY
+38.3%
GDP growth
5.0%
C/A balance
1.2%
Reserves YoY
+18.0%
GDP growth
2.9%
C/A balance
3.9%

Analysis

Fiji matched the Export Boom Cycle pattern in 1999. Historically, 71% of countries showing this pattern (546 out of 768) saw budget deficit improve within 24 months. View full analysis →

Frequently Asked Questions

What is Fiji's budget deficit?▾

Fiji's budget deficit was -3.70% in 2025. Ranked 123rd globally. This represents a 6.0% decrease from the previous year.

What was the highest budget deficit in Fiji?▾

Fiji's budget deficit peaked at 5.40% in 1998.

What was the lowest budget deficit in Fiji?▾

The lowest budget deficit in Fiji was -14.22% in 2021.

How does Fiji rank in budget deficit?▾

Fiji ranks 123rd globally in budget deficit as of 2025.

What is the World Bank indicator code for budget deficit?▾

The World Bank indicator code is GGXCNL_NGDP. Data sourced from IMF WEO.

What is the projected budget deficit of Fiji in 2025?▾

Fiji's budget deficit is projected to reach -3.70% by 2025 based on IMF projection.

What is the budget deficit of Fiji in 2025?▾

The budget deficit of Fiji in 2025 was -3.70%. This ranks 123rd in the world.

Cite this page

APA
Fiji Budget Deficit. HistorySaid. Retrieved November 7, 2026, from https://historysaid.com/fiji/budget-deficit/
BibTeX
@misc{historysaid_fiji_budget-deficit, title = {Fiji Budget Deficit}, url = {https://historysaid.com/fiji/budget-deficit/}, publisher = {HistorySaid}, year = {2026} }
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