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Fiji External Debt to GNI

External debt stocks as % of GNI  DT.DOD.DECT.GN.ZS

Fiji's external debt to gni was 76.55% in 2025, ranked 16th globally. This represents a 7.2% increase from 2024. Data from World Bank, covering 1970–2025.

76.55% +5.16pp (+7.2%)
Year 2025 Rank #16 Global Peak 76.55% (2025) Source World Bank

Fiji External Debt to GNI (1970–2025)

Overview

Fiji's external debt to gni stood at 76.55% in 2025, a rise of +5.16pp from 2024. Based on recent trends, this figure is projected to reach 76.55% by 2025. Fiji ranked 16th globally.

Fiji’s external debt to gross national income has risen sharply over the 56‑year series, moving from a modest 5.54% in 1970 to an all‑time high of 76.55% in 2025, placing the nation 16th in the world ranking. The steep climb reflects successive fiscal deficits, infrastructure financing and vulnerability to climate‑related shocks that have driven borrowing costs upward. By contrast, regional peers such as Tunisia record a slightly lower ratio of 75.71% and Djibouti a higher 79.46%, underscoring that Fiji now sits among the most indebted economies in the Pacific and comparable to several developing nations outside the region. The rapid escalation suggests limited fiscal space for new external borrowing without raising debt sustainability concerns. Continued exposure to natural disasters and a reliance on external financing could keep the ratio elevated, while successful debt‑restructuring or stronger export growth would be required to reverse the upward trajectory.

Data & projection

Year External Debt to GNI YoY change Rank
2027* trend 86.11% - -
2026* trend 81.33% - -
2025* trend 76.55% - -
2025 76.55% +5.16pp #16
2024 71.39% +6.14pp #89
2023 65.25% +1.74pp #85
2022 63.51% +1.90pp #84
2021 61.61% +12.29pp #77
2020 49.32% +12.64pp #51
2019 36.68% +5.49pp #46
2018 31.19% −2.54pp #37
2017 33.72% +3.64pp #41
2016 30.08% −3.86pp #37
2015 33.93% +2.99pp #51
2014 30.95% −1.36pp #49
2013 32.31% −1.25pp #56
2012 33.56% +2.57pp #62
2011 30.99% −5.41pp #62
Show all years (1970-2025)
* Linear trend extrapolation

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 external debt to gni improve within 24 months. View full analysis →

Frequently Asked Questions

What is Fiji's external debt to gni?▾

Fiji's external debt to gni was 76.55% in 2025. Ranked 16th globally. This represents a 7.2% increase from the previous year.

What was the highest external debt to gni in Fiji?▾

Fiji's external debt to gni peaked at 76.55% in 2025.

What was the lowest external debt to gni in Fiji?▾

The lowest external debt to gni in Fiji was 5.54% in 1970.

How does Fiji rank in external debt to gni?▾

Fiji ranks 16th globally in external debt to gni as of 2025.

What is the World Bank indicator code for external debt to gni?▾

The World Bank indicator code is DT.DOD.DECT.GN.ZS. Data sourced from World Bank.

What is the projected external debt to gni of Fiji in 2025?▾

Fiji's external debt to gni is projected to reach 76.55% by 2025 based on trend extrapolation.

What is the external debt to gni of Fiji in 2025?▾

The external debt to gni of Fiji in 2025 was 76.55%. This ranks 16th in the world.

Cite this page

APA
Fiji External Debt to GNI. HistorySaid. Retrieved October 28, 2026, from https://historysaid.com/fiji/external-debt-to-gni/
BibTeX
@misc{historysaid_fiji_external-debt-to-gni, title = {Fiji External Debt to GNI}, url = {https://historysaid.com/fiji/external-debt-to-gni/}, publisher = {HistorySaid}, year = {2026} }
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