Fiji: public finances

What is in Fiji's 2026-2027 national budget?

Fiji's 2026-2027 budget plans total expenditure of $4.87 billion and total revenue of about $3.82 billion, according to the 2026-2027 National Budget Address delivered on 26 June 2026. Tax revenue is projected at $3.3 billion, which the address says is almost $200 million lower than earlier expected because of the global fuel crisis.

The Ministry of Finance publishes the address, the budget estimates and the supplement on its budget documents page, along with a citizens' guide in English, iTaukei and Hindi. Fiji's financial year runs from August to July. Actual outturns are reported in the ministry's quarterly fiscal performance reports.

Official sources: Ministry of Finance: 2026-2027 Budget Address (PDF) · Ministry of Finance: budget documents

What is Fiji's budget deficit?

Fiji's fiscal deficit is set at $1 billion, or 7% of GDP, in the 2026-2027 budget, according to the Budget Address published by the Ministry of Finance. The address describes the 7% deficit as a response to the global fuel crisis, and says the deficit would have been below 5% if revenue had not fallen.

The deficit is total expenditure of $4.87 billion minus revenue of about $3.82 billion. The address sets an aim of bringing deficits down to around 3% of GDP in later years. Quarterly results against the budget are published in the ministry's fiscal performance reports.

Official sources: Ministry of Finance: 2026-2027 Budget Address (PDF) · Ministry of Finance: fiscal performance reports

How much debt does Fiji have?

Fiji's public debt is projected to reach about $12.6 billion by the end of July 2027, equal to 84.8% of GDP, according to the 2026-2027 Budget Address. The address says debt rose from around $4 billion in 2016 to almost $12 billion by the end of 2026, and that interest costs have doubled to almost $600 million a year.

Public debt here is central government debt; the address puts government-guaranteed debt separately at around $1.1 billion. The Ministry of Finance publishes quarterly and annual figures, split into domestic and external debt, on its debt reports page, most recently the third-quarter report for 2025-2026.

Official sources: Ministry of Finance: 2026-2027 Budget Address (PDF) · Ministry of Finance: debt reports

What is Fiji's national debt?

The IMF puts general government gross debt in Fiji at 77.1% of GDP in 2025. The peak was 91.5% of GDP in 2022 and the low 43.4% of GDP in 2017. East Asia & Pacific median: 45.0% of GDP; Fiji is 5th highest of 29. World rank, highest first: 46th of 185.

What is Fiji's budget deficit?

-2.4% of GDP: that is general government net lending or borrowing in Fiji for 2025, according to the IMF (a deficit). Since 2005 it has ranged from -14.2% of GDP (2021) to 1.6% of GDP (2008). It is 18th highest of 29 in East Asia & Pacific, where the median is -1.7% of GDP. World rank, highest first: 85th of 188.

How much revenue does Fiji's government raise?

The IMF puts general government revenue in Fiji at 28.5% of GDP in 2025. No year since 2005 has been higher. Across East Asia & Pacific the middle value was 33.6% of GDP, and Fiji placed 17th highest of 29. Worldwide: 84th of 187.

How much does Fiji's government spend?

The latest figure from the IMF, for 2025, is 30.9% of GDP. The peak was 35.8% of GDP in 2021 and the low 22.8% of GDP in 2008. Across East Asia & Pacific the middle value was 32.9% of GDP, and Fiji placed 18th highest of 29. World rank, highest first: 91st of 186.

What is Fiji's tax to GDP ratio?

23.9% of GDP: that is central government tax revenue in Fiji for 2024, according to the IMF. Its high point since 2005 was 2015, at 24.9% of GDP; its low point was 2021, at 16.4% of GDP. It is 2nd highest of 12 in East Asia & Pacific, where the median is 15.4% of GDP. Of 92 countries with 2024 data, 17th highest.

What is Fiji's military budget as a share of GDP?

1.3% of GDP: that is military spending in Fiji for 2025, according to SIPRI. Since 2005 it has ranged from 0.9% of GDP (2015) to 2.2% of GDP (2007). East Asia & Pacific median: 1.4% of GDP; Fiji is 9th highest of 16. Of 149 countries with 2025 data, 91st highest.