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Fiji External Debt

Total external debt stocks  DT.DOD.DECT.CD

Fiji's external debt was $4.3B in 2025, ranked 86th globally. This represents a 11.1% increase from 2024. Data from World Bank, covering 1970–2025.

$4.3B +$428.9M (+11.1%)
Year 2025 Rank #86 Global Peak $4.3B (2025) Source World Bank

Fiji External Debt (1970–2025)

Overview

Fiji's external debt stood at $4.3B in 2025, a rise of +$428.9M from 2024. Based on recent trends, this figure is projected to reach $4.3B by 2025. Fiji ranked 86th globally.

Fiji’s external debt has risen dramatically over the 56‑year series, expanding from a modest 11,665,440.00 in 1970 to an all‑time peak of 4,297,846,568.76 in 2025, placing the nation 86th in the world ranking. This more than 360‑fold increase reflects successive borrowing cycles that have accelerated since the early 2000s, a period when many Pacific economies intensified infrastructure financing and climate‑resilience projects. Compared with peers of similar rank, Fiji’s debt level is slightly lower than Togo’s 4,429,556,833.47 and higher than Suriname’s 4,258,686,264.18, underscoring a regional convergence in external financing needs. The steep upward trajectory suggests that future debt dynamics will hinge on the balance between growth‑stimulating investments and the capacity to service obligations, while shifts in global interest rates or a surge in export earnings could alter the current path.

Data & projection

Year External Debt YoY change Rank
2027* trend $5.2B - -
2026* trend $4.7B - -
2025* trend $4.3B - -
2025 $4.3B +$428.9M #86
2024 $3.9B +$521.2M #33
2023 $3.3B +$359.6M #29
2022 $3.0B +$490.0M #26
2021 $2.5B +$450.7M #24
2020 $2.0B +$215.6M #23
2019 $1.8B +$203.3M #23
2018 $1.6B −$34.2M #22
2017 $1.7B +$261.6M #24
2016 $1.4B −$91.4M #23
2015 $1.5B +$59.1M #24
2014 $1.4B +$106.3M #25
2013 $1.3B +$43.5M #24
2012 $1.3B +$148.4M #25
2011 $1.1B +$27.8M #26
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 improve within 24 months. View full analysis →

Frequently Asked Questions

What is Fiji's external debt?▾

Fiji's external debt was $4.3B in 2025. Ranked 86th globally. This represents a 11.1% increase from the previous year.

What was the highest external debt in Fiji?▾

Fiji's external debt peaked at $4.3B in 2025.

What was the lowest external debt in Fiji?▾

The lowest external debt in Fiji was $11.7M in 1970.

How does Fiji rank in external debt?▾

Fiji ranks 86th globally in external debt as of 2025.

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

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

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

Fiji's external debt is projected to reach $4.3B by 2025 based on trend extrapolation.

What is Fiji's external debt in billion?▾

Fiji's external debt was approximately 4.3 billion ($4.3B) in 2025.

What is the external debt of Fiji in 2025?▾

The external debt of Fiji in 2025 was $4.3B. This ranks 86th in the world.

Cite this page

APA
Fiji External Debt. HistorySaid. Retrieved November 11, 2026, from https://historysaid.com/fiji/external-debt/
BibTeX
@misc{historysaid_fiji_external-debt, title = {Fiji External Debt}, url = {https://historysaid.com/fiji/external-debt/}, publisher = {HistorySaid}, year = {2026} }
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