Net incurrence of liabilities, total in Fiji
Fiji: Net incurrence of liabilities, total was 4.9% in 2024. ◆ Volatile
Net incurrence of liabilities, total in Fiji, 1995–2024
Source: Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in % of GDP.
Analysis
Fiji recorded 4.9% for net incurrence of liabilities, total in 2024.
Compared with earlier readings it is up 15.4% on the previous year and up 50.7% over ten years.
Over the whole period, net incurrence of liabilities, total in Fiji peaked at 31.5% in 2007 and was at its lowest, -4.3%, in 2010.
Fiji ranks 45th of 136 countries on this measure, in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Net incurrence of liabilities, total in Fiji, year by year
| Year | % of GDP | Change |
|---|---|---|
| 1995 | 3.1% | — |
| 2006 | 4.1% | +34.0% |
| 2007 | 31.5% | +662.4% |
| 2008 | 25.4% | -19.5% |
| 2009 | 20.9% | -17.8% |
| 2010 | -4.3% | -120.7% |
| 2011 | -2.1% | -51.4% |
| 2012 | -1.8% | -14.7% |
| 2013 | -1.1% | -39.2% |
| 2014 | 3.3% | -398.7% |
| 2015 | 2.6% | -19.5% |
| 2016 | 3.3% | +27.9% |
| 2017 | 3.5% | +3.6% |
| 2018 | 6.4% | +84.8% |
| 2019 | 5.3% | -17.3% |
| 2020 | 12.6% | +137.2% |
| 2021 | 14.1% | +12.2% |
| 2022 | 12.2% | -13.6% |
| 2023 | 4.2% | -65.2% |
| 2024 | 4.9% | +15.4% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 3.1% | 3.1% | 3.1% | 1 |
| 2000s | 20.5% | 4.1% | 31.5% | 4 |
| 2010s | 1.5% | -4.3% | 6.4% | 10 |
| 2020s | 9.6% | 4.2% | 14.1% | 5 |
Countries ranked near Fiji
- 42 Solomon Islands 5.0% compare
- 43 Côte d'Ivoire 5.0% compare
- 44 Mozambique 4.9% compare
- 46 Republic of Moldova 4.8% compare
- 47 Philippines 4.8% compare
- 48 Trinidad and Tobago 4.7% compare
More public sector data for Fiji
- 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)
- Military expenditure (current USD), per capita 83.59 current USD per person (2024)
- Military expenditure (current USD), per unit of GDP 0.013 current USD per US$ of GDP (2024)
- Military expenditure (current USD), annual growth rate 5.85 % change on previous year (2024)
- Military expenditure (current USD), gaps filled 77.64 million current USD (2024)
- Arms imports (SIPRI trend indicator values), per square kilometre 383.14 SIPRI trend indicator values per square kilometre (2020)
- Military expenditure (current USD), per square kilometre 4,015 current USD per square kilometre (2023)
Frequently asked questions
- What is net incurrence of liabilities, total in Fiji?
- Net incurrence of liabilities, total in Fiji was 4.9% in 2024, according to Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF).
- What is the highest net incurrence of liabilities, total recorded in Fiji?
- The highest recorded value was 31.5% in 2007.
- What is the lowest net incurrence of liabilities, total recorded in Fiji?
- The lowest recorded value was -4.3% in 2010.
- How does Fiji rank for net incurrence of liabilities, total?
- Fiji ranks 45th out of 136 countries with data for 2024.
- Is net incurrence of liabilities, total rising or falling in Fiji?
- Over the last ten years it is up 50.7%. The long-run trend across the full record is volatile.
- 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 Net incurrence of liabilities, total (% of GDP). Statizoid updates them automatically from the source API.
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About this data
Net incurrence of government liabilities includes foreign financing (obtained from nonresidents) and domestic financing (obtained from residents), or the means by which a government provides financial resources to cover a budget deficit or allocates financial resources arising from a budget surplus. The net incurrence of liabilities should be offset by the net acquisition of financial assets. This indicator is expressed as a percentage of Gross Domestic Product (GDP) which is the total income earned through the production of goods and services in an economic territory during an accounting period.