Last updated: April 2024
Exportof goods as a % of total
United States of America- 21%
Australia- 11%
Tonga, Kingdom of- 7%
New Zealand- 6%
Europe- 6%
Fiji, Republic of the Fiji Islands
Oceania
- GDP per Capita ($)
- $5,474.3
- Population (in 2021)
- 0.9 million
Assessment
- Previously
- C
- Previously
- A4
Main economic indicators
At a glance, see the major macroeconomic aggregates essential to understanding the economic environment in a country as well as forecasted changes.
- 2021
- 2022
- 2023
- 2024
| 2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|
| GDP growth (%) | -4.9 | 20 | 7.9 | 3.8 |
| Inflation (yearly average,%) | 0.2 | 4.3 | 3 | 3.2 |
| Budget balance (% GDP) | -13.6 | -6.6 | -4.9 | -3.6 |
| Current account balance (% GDP) | -14.4 | -15.9 | -10.8 | -10.7 |
| Public debt / GDP (% GDP) | 83 | 89.5 | 82.3 | 81.2 |
(e): Estimate (f): Forecast
suggestions
Trade exchanges
Importof goods as a % of total
Singapore- 26%
China- 16%
- Australia
- 16%
- New Zealand
- 14%
Malaysia- 4%
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