Lending Rate, Percent per annum in Fiji
Fiji: Lending Rate, Percent per annum was 4.56 in 2024. ▼ Falling
Lending Rate, Percent per annum in Fiji, 1992–2024
Source: International Monetary Fund.
Analysis
Fiji recorded 4.56 for lending rate, percent per annum in 2024. That is the lowest value across all 33 years on record.
That represents a change of down 8.2% on the previous year and down 20.8% over ten years.
Over the whole period, lending rate, percent per annum in Fiji peaked at 12.45 in 1992 and was at its lowest, 4.56, in 2024.
Fiji ranks 131st of 144 countries on this measure, in the bottom quarter.
The long-run direction has been consistently falling across the 33 years of available data.
Lending Rate, Percent per annum in Fiji, year by year
| Year | Value | Change |
|---|---|---|
| 1992 | 12.45 | — |
| 1993 | 11.89 | -4.5% |
| 1994 | 11.44 | -3.8% |
| 1995 | 11.24 | -1.8% |
| 1996 | 11.14 | -0.9% |
| 1997 | 11.03 | -1.0% |
| 1998 | 9.64 | -12.6% |
| 1999 | 8.77 | -9.0% |
| 2000 | 8.4 | -4.2% |
| 2001 | 8.34 | -0.6% |
| 2002 | 8.05 | -3.5% |
| 2003 | 7.6 | -5.6% |
| 2004 | 7.17 | -5.7% |
| 2005 | 6.78 | -5.4% |
| 2006 | 7.35 | +8.4% |
| 2007 | 9.01 | +22.5% |
| 2008 | 8 | -11.2% |
| 2009 | 7.85 | -1.8% |
| 2010 | 7.49 | -4.6% |
| 2011 | 7.47 | -0.3% |
| 2012 | 7 | -6.2% |
| 2013 | 6.1 | -12.8% |
| 2014 | 5.76 | -5.6% |
| 2015 | 5.79 | +0.5% |
| 2016 | 5.85 | +1.1% |
| 2017 | 5.74 | -1.9% |
| 2018 | 5.68 | -1.1% |
| 2019 | 6.03 | +6.2% |
| 2020 | 6.18 | +2.6% |
| 2021 | 5.94 | -3.9% |
| 2022 | 5.43 | -8.6% |
| 2023 | 4.97 | -8.5% |
| 2024 | 4.56 | -8.2% |
Fiji compared with similar countries
- Fiji's 4.56 is below the median for upper middle income countries, which is 8.99, 51% of the median. (46 countries reporting)
- Fiji's 4.56 is below the median for East Asia & Pacific, which is 5.48, 83% of the median. (20 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 10.95 | 8.77 | 12.45 | 8 |
| 2000s | 7.86 | 6.78 | 9.01 | 10 |
| 2010s | 6.29 | 5.68 | 7.49 | 10 |
| 2020s | 5.42 | 4.56 | 6.18 | 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 rate, percent per annum in Fiji?
- Lending rate, percent per annum in Fiji was 4.56 in 2024, according to International Monetary Fund.
- What is the highest lending rate, percent per annum recorded in Fiji?
- The highest recorded value was 12.45 in 1992.
- What is the lowest lending rate, percent per annum recorded in Fiji?
- The lowest recorded value was 4.56 in 2024.
- How does Fiji rank for lending rate, percent per annum?
- Fiji ranks 131st out of 144 countries with data for 2024.
- Is lending rate, percent per annum 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 Monetary Fund, published as part of Lending Rate, Percent per annum. Statizoid updates them automatically from the source API.
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About this data
The Monetary and Financial Statistics (MFS), Interest Rates dataset presents country-specific interest rate data across sectors and instruments, based on nationally defined methodologies.