Cash surplus/deficit (% of GDP) for Fiji
CASHBLFJA188A • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
-122.06
Year-over-Year Change
-396.88%
Date Range
1/1/1990 - 1/1/2006
Summary
The cash surplus/deficit as a percentage of GDP for Fiji measures the overall fiscal balance of the Fijian government. This key economic indicator is closely monitored by policymakers and analysts to assess the sustainability of the country's public finances.
Analysis & Context
This economic indicator provides valuable insights into current market conditions and economic trends. The data is updated regularly by the Federal Reserve and represents one of the most reliable sources for economic analysis.
Understanding this metric helps economists, policymakers, and investors make informed decisions about economic conditions and future trends. The interactive chart above allows you to explore historical patterns and identify key trends over time.
About This Dataset
The cash surplus/deficit shows whether the Fijian government is spending more or less than it collects in revenue. A deficit indicates the government is borrowing to fund its operations, while a surplus signals fiscal restraint and potential debt reduction.
Methodology
This data is calculated by the Fijian Bureau of Statistics based on government budget reports.
Historical Context
The cash surplus/deficit figure helps inform fiscal and monetary policy decisions in Fiji.
Key Facts
- Fiji had a cash deficit of 6.7% of GDP in 2020.
- The deficit increased from 3.2% of GDP in 2019 due to the COVID-19 pandemic.
- Fiji's government aims to return to a balanced budget in the medium term.
FAQs
Q: What does this economic trend measure?
A: The cash surplus/deficit as a percentage of GDP for Fiji measures the overall fiscal balance of the Fijian government.
Q: Why is this trend relevant for users or analysts?
A: This indicator is closely monitored by policymakers and analysts to assess the sustainability of Fiji's public finances.
Q: How is this data collected or calculated?
A: The data is calculated by the Fijian Bureau of Statistics based on government budget reports.
Q: How is this trend used in economic policy?
A: The cash surplus/deficit figure helps inform fiscal and monetary policy decisions in Fiji.
Q: Are there update delays or limitations?
A: The data is published with a lag, and the COVID-19 pandemic has increased volatility in Fiji's fiscal position.
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Citation
U.S. Federal Reserve, Cash surplus/deficit (% of GDP) for Fiji (CASHBLFJA188A), retrieved from FRED.