Interest payments (% of expense) in Fiji
Fiji: Interest payments (% of expense) was 14.6% in 2023. ▬ Flat
Interest payments in Fiji, 1990–2023
Source: Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in % of expense.
Analysis
Fiji recorded 14.6% for interest payments in 2023.
That represents a change of up 19.1% on the previous year and up 5.3% over ten years.
Over the whole period, interest payments in Fiji peaked at 17.2% in 2011 and was at its lowest, 9.5%, in 2018.
Fiji ranks 30th of 152 countries on this measure, in the top quarter.
Interest payments (% of expense) in Fiji, year by year
| Year | % of expense | Change |
|---|---|---|
| 1990 | 14.4% | — |
| 1991 | 14.3% | -1.3% |
| 1992 | 12.2% | -14.6% |
| 1993 | 10.3% | -15.8% |
| 1994 | 10.2% | -1.0% |
| 1995 | 11.8% | +16.5% |
| 1996 | 10.4% | -11.8% |
| 2004 | 10.1% | -3.2% |
| 2005 | 10.3% | +1.8% |
| 2006 | 10.0% | -2.6% |
| 2007 | 14.6% | +45.6% |
| 2008 | 14.0% | -3.8% |
| 2009 | 14.3% | +2.0% |
| 2010 | 15.2% | +6.2% |
| 2011 | 17.2% | +13.1% |
| 2012 | 15.8% | -8.2% |
| 2013 | 13.8% | -12.1% |
| 2014 | 11.2% | -19.4% |
| 2015 | 11.1% | -0.2% |
| 2016 | 10.1% | -9.0% |
| 2017 | 10.0% | -1.8% |
| 2018 | 9.5% | -4.5% |
| 2019 | 10.5% | +10.2% |
| 2020 | 12.4% | +18.5% |
| 2021 | 11.6% | -6.6% |
| 2022 | 12.2% | +5.6% |
| 2023 | 14.6% | +19.1% |
Fiji compared with similar countries
- Fiji's 14.6% is above the median for upper middle income countries, which is 8.8%, 1.7× the median. (47 countries reporting)
- Fiji's 14.6% is above the median for East Asia & Pacific, which is 3.0%, 4.9× the median. (23 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 11.9% | 10.2% | 14.4% | 7 |
| 2000s | 12.2% | 10.0% | 14.6% | 6 |
| 2010s | 12.4% | 9.5% | 17.2% | 10 |
| 2020s | 12.7% | 11.6% | 14.6% | 4 |
Countries ranked near Fiji
- 27 Malaysia 14.9% compare
- 28 Guinea-Bissau 14.9% compare
- 29 Iceland 14.7% compare
- 31 South Africa 14.3% compare
- 32 Cote d'Ivoire 14.1% compare
- 33 Namibia 14.1% compare
More public sector data for Fiji
- Democracy, annual growth rate 0 % change on previous year (2025)
- Chief executive of the government is elected, annual growth rate 0 % change on previous year (2025)
- Elected parliament, annual growth rate 0 % change on previous year (2025)
- Men's universal right to vote, annual growth rate 0 % change on previous year (2025)
- Universal right to vote, annual growth rate 0 % change on previous year (2025)
- Universal right to vote in practice, annual growth rate 0 % change on previous year (2025)
- Arms imports 16.00 million SIPRI trend indicator values (2024)
- Arms imports (SIPRI trend indicator values), per capita 17.23 SIPRI trend indicator values per person (2024)
- Arms imports (SIPRI trend indicator values), per unit of GDP 0.0027 SIPRI trend indicator values per US$ of GDP (2024)
- Arms imports (SIPRI trend indicator values), gaps filled 16.00 million SIPRI trend indicator values (2024)
Frequently asked questions
- What is interest payments in Fiji?
- Interest payments in Fiji was 14.6% in 2023, according to Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF).
- What is the highest interest payments recorded in Fiji?
- The highest recorded value was 17.2% in 2011.
- What is the lowest interest payments recorded in Fiji?
- The lowest recorded value was 9.5% in 2018.
- How does Fiji rank for interest payments?
- Fiji ranks 30th out of 152 countries with data for 2023.
- Is interest payments rising or falling in Fiji?
- Over the last ten years it is up 5.3%. The long-run trend across the full record is flat.
- Where does this Fiji data come from?
- The figures come from Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF), published as part of Interest payments (% of expense). Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 27 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
About this data
Interest payments include interest payments on government debt (including long-term bonds, long-term loans, and other debt instruments) to domestic and foreign residents. This indicator is expressed as percentage of total expenses which is any decrease in net worth resulting from a transaction.