Savings Rate, Percent per annum in Fiji
Fiji: Savings Rate, Percent per annum was 0.3068 in 2024. ◆ Volatile
Savings Rate, Percent per annum in Fiji, 1991–2024
Source: International Monetary Fund.
Analysis
In 2024, savings rate, percent per annum in Fiji stood at 0.3068. That is the lowest value across all 34 years on record.
That represents a change of down 26.2% on the previous year and down 48.0% over ten years.
Over the whole period, savings rate, percent per annum in Fiji peaked at 4.03 in 1992 and was at its lowest, 0.3068, in 2024.
Fiji ranks 56th of 63 countries on this measure, in the bottom quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Savings Rate, Percent per annum in Fiji, year by year
| Year | Value | Change |
|---|---|---|
| 1991 | 4 | — |
| 1992 | 4.03 | +0.6% |
| 1993 | 3.69 | -8.4% |
| 1994 | 3.15 | -14.6% |
| 1995 | 3.18 | +1.1% |
| 1996 | 3.38 | +6.2% |
| 1997 | 3.08 | -9.0% |
| 1998 | 2.17 | -29.7% |
| 1999 | 1.26 | -41.8% |
| 2000 | 0.9025 | -28.4% |
| 2001 | 0.7792 | -13.7% |
| 2002 | 0.6183 | -20.6% |
| 2003 | 0.5096 | -17.6% |
| 2004 | 0.3828 | -24.9% |
| 2005 | 0.3805 | -0.6% |
| 2006 | 0.7052 | +85.4% |
| 2007 | 0.8991 | +27.5% |
| 2008 | 0.6715 | -25.3% |
| 2009 | 0.769 | +14.5% |
| 2010 | 0.9891 | +28.6% |
| 2011 | 1.07 | +8.5% |
| 2012 | 0.8214 | -23.5% |
| 2013 | 0.7622 | -7.2% |
| 2014 | 0.5897 | -22.6% |
| 2015 | 0.8758 | +48.5% |
| 2016 | 0.9198 | +5.0% |
| 2017 | 1.25 | +35.9% |
| 2018 | 1.34 | +7.4% |
| 2019 | 1.15 | -14.4% |
| 2020 | 0.8612 | -25.1% |
| 2021 | 0.5276 | -38.7% |
| 2022 | 0.4061 | -23.0% |
| 2023 | 0.4155 | +2.3% |
| 2024 | 0.3068 | -26.2% |
Fiji compared with similar countries
- Fiji's 0.3068 is below the median for upper middle income countries, which is 1.91, 16% of the median. (25 countries reporting)
- Fiji's 0.3068 is below the median for East Asia & Pacific, which is 0.7024, 44% of the median. (8 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 3.1 | 1.26 | 4.03 | 9 |
| 2000s | 0.6618 | 0.3805 | 0.9025 | 10 |
| 2010s | 0.9773 | 0.5897 | 1.34 | 10 |
| 2020s | 0.5034 | 0.3068 | 0.8612 | 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 savings rate, percent per annum in Fiji?
- Savings rate, percent per annum in Fiji was 0.3068 in 2024, according to International Monetary Fund.
- What is the highest savings rate, percent per annum recorded in Fiji?
- The highest recorded value was 4.03 in 1992.
- What is the lowest savings rate, percent per annum recorded in Fiji?
- The lowest recorded value was 0.3068 in 2024.
- How does Fiji rank for savings rate, percent per annum?
- Fiji ranks 56th out of 63 countries with data for 2024.
- Is savings rate, percent per annum rising or falling in Fiji?
- Over the last ten years it is down 48.0%. The long-run trend across the full record is volatile.
- Where does this Fiji data come from?
- The figures come from International Monetary Fund, published as part of Savings 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.