Central government debt, total (% of GDP) for Fiji
DEBTTLFJA188A • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
36.63
Year-over-Year Change
-0.58%
Date Range
1/1/1991 - 1/1/1994
Summary
This economic trend measures the total central government debt as a percentage of Fiji's gross domestic product (GDP). It is a key indicator of a country's fiscal sustainability and ability to manage its debt obligations.
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 central government debt-to-GDP ratio provides insight into a nation's fiscal health and its capacity to service its debt. It is widely used by economists, policymakers, and investors to assess a country's creditworthiness and economic stability.
Methodology
The data is collected and calculated by the International Monetary Fund (IMF).
Historical Context
Monitoring this trend helps inform fiscal and monetary policy decisions to maintain debt sustainability and promote economic growth.
Key Facts
- Fiji's central government debt-to-GDP ratio was 83.4% in 2021.
- The debt-to-GDP ratio has increased significantly from 50.4% in 2019.
- High government debt can constrain a country's ability to respond to economic shocks.
FAQs
Q: What does this economic trend measure?
A: This trend measures the total central government debt as a percentage of Fiji's gross domestic product (GDP), providing insight into the country's fiscal sustainability.
Q: Why is this trend relevant for users or analysts?
A: The central government debt-to-GDP ratio is a key indicator of a country's fiscal health and its ability to manage its debt obligations, which is important for economists, policymakers, and investors.
Q: How is this data collected or calculated?
A: The data is collected and calculated by the International Monetary Fund (IMF).
Q: How is this trend used in economic policy?
A: Monitoring this trend helps inform fiscal and monetary policy decisions to maintain debt sustainability and promote economic growth in Fiji.
Q: Are there update delays or limitations?
A: The data is published annually by the IMF, so there may be a delay in the most recent figures being available.
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FJIFCBODDNUM
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Citation
U.S. Federal Reserve, Central government debt, total (% of GDP) for Fiji (DEBTTLFJA188A), retrieved from FRED.