Real interest rate in Fiji
Fiji: Real interest rate was -1.5% in 2024. ◆ Volatile
Real interest rate in Fiji, 1992–2024
Source: International Financial Statistics database, International Monetary Fund (IMF). Measured in %.
Analysis
In 2024, real interest rate in Fiji stood at -1.5%.
The figure is down 167.4% on the previous year and up 75.7% over ten years.
Over the whole period, real interest rate in Fiji peaked at 13.8% in 2000 and was at its lowest, -6.0%, in 2014.
Fiji ranks 132nd of 149 countries on this measure, in the bottom quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Real interest rate in Fiji, year by year
| Year | % | Change |
|---|---|---|
| 1992 | 5.8% | — |
| 1993 | 4.3% | -24.9% |
| 1994 | 10.5% | +142.7% |
| 1995 | 10.0% | -5.1% |
| 1996 | 8.0% | -19.6% |
| 1997 | 7.5% | -6.8% |
| 1998 | 2.0% | -72.8% |
| 1999 | 1.9% | -6.4% |
| 2000 | 13.8% | +622.4% |
| 2001 | 4.9% | -64.1% |
| 2002 | 4.6% | -6.2% |
| 2003 | -0.1% | -102.0% |
| 2004 | 4.9% | -5328.6% |
| 2005 | 0.1% | -97.4% |
| 2006 | 3.5% | +2648.2% |
| 2007 | 5.8% | +67.2% |
| 2008 | 5.7% | -1.5% |
| 2009 | 6.4% | +11.5% |
| 2010 | 3.1% | -50.9% |
| 2011 | -1.8% | -156.3% |
| 2012 | 3.3% | -288.0% |
| 2013 | 2.4% | -27.6% |
| 2014 | -6.0% | -350.1% |
| 2015 | 3.2% | -153.0% |
| 2016 | 3.1% | -1.3% |
| 2017 | 4.0% | +26.8% |
| 2018 | 4.2% | +5.5% |
| 2019 | 6.4% | +51.6% |
| 2020 | 10.7% | +69.1% |
| 2021 | 7.9% | -26.5% |
| 2022 | -2.4% | -130.9% |
| 2023 | 2.2% | -188.3% |
| 2024 | -1.5% | -167.4% |
Fiji compared with similar countries
- Fiji's -1.5% is below the median for upper middle income countries, which is 5.2%. (49 countries reporting)
- Fiji's -1.5% is below the median for East Asia & Pacific, which is 5.0%. (25 countries reporting)
Biggest year-on-year movements
Years where Real interest rate in Fiji changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 2004 | +5328.6% | -0.1% | 4.9% |
| 2006 | +2648.2% | 0.1% | 3.5% |
| 2000 | +622.4% | 1.9% | 13.8% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 6.3% | 1.9% | 10.5% | 8 |
| 2000s | 5.0% | -0.1% | 13.8% | 10 |
| 2010s | 2.2% | -6.0% | 6.4% | 10 |
| 2020s | 3.4% | -2.4% | 10.7% | 5 |
Countries ranked near Fiji
- 129 United Kingdom -1.1% compare
- 130 United States -1.3% compare
- 131 Pakistan -1.5% compare
- 133 San Marino -1.6% compare
- 134 Israel -1.8% compare
- 135 Bulgaria -3.0% compare
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 real interest rate in Fiji?
- Real interest rate in Fiji was -1.5% in 2024, according to International Financial Statistics database, International Monetary Fund (IMF).
- What is the highest real interest rate recorded in Fiji?
- The highest recorded value was 13.8% in 2000.
- What is the lowest real interest rate recorded in Fiji?
- The lowest recorded value was -6.0% in 2014.
- How does Fiji rank for real interest rate?
- Fiji ranks 132nd out of 149 countries with data for 2024.
- Is real interest rate rising or falling in Fiji?
- Over the last ten years it is up 75.7%. The long-run trend across the full record is volatile.
- Where does this Fiji data come from?
- The figures come from International Financial Statistics database, International Monetary Fund (IMF), published as part of Real interest rate (%). Statizoid updates them automatically from the source API.
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About this data
An interest rate is the amount charged, expressed as a percentage of the principal over a period of time, by the owners of certain kinds of financial assets for putting the financial assets at the disposal of another institutional unit. The real interest rate is the lending interest rate adjusted for inflation as measured by the GDP deflator. The terms and conditions attached to lending rates differ by country, however, limiting their comparability. This indicator is expressed as a percentage (a÷b)*100.