Lending interest rate in Fiji
Fiji: Lending interest rate was 4.6% in 2024. ▼ Falling
Lending interest rate in Fiji, 1992–2024
Source: International Financial Statistics database, International Monetary Fund (IMF). Measured in %.
Analysis
In 2024, lending interest rate in Fiji stood at 4.6%. That is the lowest value across all 33 years on record.
Compared with earlier readings it is down 8.2% on the previous year and down 20.8% over ten years.
Over the whole period, lending interest rate in Fiji peaked at 12.4% in 1992 and was at its lowest, 4.6%, in 2024.
That places Fiji 133rd out of 149 countries with data for 2024, putting it in the bottom quarter.
The long-run direction has been consistently falling across the 33 years of available data.
Lending interest rate in Fiji, year by year
| Year | % | Change |
|---|---|---|
| 1992 | 12.4% | — |
| 1993 | 11.9% | -4.5% |
| 1994 | 11.4% | -3.8% |
| 1995 | 11.2% | -1.8% |
| 1996 | 11.1% | -0.9% |
| 1997 | 11.0% | -1.0% |
| 1998 | 9.6% | -12.6% |
| 1999 | 8.8% | -9.0% |
| 2000 | 8.4% | -4.2% |
| 2001 | 8.3% | -0.6% |
| 2002 | 8.1% | -3.5% |
| 2003 | 7.6% | -5.6% |
| 2004 | 7.2% | -5.7% |
| 2005 | 6.8% | -5.4% |
| 2006 | 7.3% | +8.4% |
| 2007 | 9.0% | +22.5% |
| 2008 | 8.0% | -11.2% |
| 2009 | 7.9% | -1.8% |
| 2010 | 7.5% | -4.6% |
| 2011 | 7.5% | -0.3% |
| 2012 | 7.0% | -6.2% |
| 2013 | 6.1% | -12.8% |
| 2014 | 5.8% | -5.6% |
| 2015 | 5.8% | +0.5% |
| 2016 | 5.9% | +1.1% |
| 2017 | 5.7% | -1.9% |
| 2018 | 5.7% | -1.1% |
| 2019 | 6.0% | +6.2% |
| 2020 | 6.2% | +2.6% |
| 2021 | 5.9% | -3.9% |
| 2022 | 5.4% | -8.6% |
| 2023 | 5.0% | -8.5% |
| 2024 | 4.6% | -8.2% |
Fiji compared with similar countries
- Fiji's 4.6% is below the median for upper middle income countries, which is 8.8%, 52% of the median. (49 countries reporting)
- Fiji's 4.6% is below the median for East Asia & Pacific, which is 5.5%, 83% of the median. (25 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 10.9% | 8.8% | 12.4% | 8 |
| 2000s | 7.9% | 6.8% | 9.0% | 10 |
| 2010s | 6.3% | 5.7% | 7.5% | 10 |
| 2020s | 5.4% | 4.6% | 6.2% | 5 |
Countries ranked near Fiji
More financial sector data for Fiji
- Reserve position in the IMF, US dollar, annual growth rate 5.37 % change on previous year (2025)
- Reserve position in the IMF, US dollar, per unit of GDP 0.0055 units per US$ of GDP (2025)
- Reserve position in the IMF, US dollar, per capita 36.82 units per person (2025)
- Reserve position in the IMF, SDR, annual growth rate 0.344 % change on previous year (2025)
- Reserve position in the IMF, SDR, per unit of GDP 0.004 units per US$ of GDP (2025)
- Reserve position in the IMF, SDR, per capita 26.89 units per person (2025)
- Reserve tranche position, US dollar, annual growth rate 5.37 % change on previous year (2025)
- Reserve tranche position, US dollar, per unit of GDP 0.0055 units per US$ of GDP (2025)
- Reserve tranche position, US dollar, per capita 36.82 units per person (2025)
- Reserve tranche position, SDR, annual growth rate 0.344 % change on previous year (2025)
Frequently asked questions
- What is lending interest rate in Fiji?
- Lending interest rate in Fiji was 4.6% in 2024, according to International Financial Statistics database, International Monetary Fund (IMF).
- What is the highest lending interest rate recorded in Fiji?
- The highest recorded value was 12.4% in 1992.
- What is the lowest lending interest rate recorded in Fiji?
- The lowest recorded value was 4.6% in 2024.
- How does Fiji rank for lending interest rate?
- Fiji ranks 133rd out of 149 countries with data for 2024.
- Is lending interest rate rising or falling in Fiji?
- Over the last ten years it is down 20.8%. The long-run trend across the full record is falling.
- Where does this Fiji data come from?
- The figures come from International Financial Statistics database, International Monetary Fund (IMF), published as part of Lending interest rate (%). Statizoid updates them automatically from the source API.
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About this data
Lending rate is the bank rate that usually meets the short- and medium-term financing needs of the private sector. This rate is normally differentiated according to creditworthiness of borrowers and objectives of financing. The terms and conditions attached to these rates differ by country, however, limiting their comparability.