Fiscal Situation of General Government: Net Lending/borrowing for Fiji
FJIGGXCNLG01GDPPT • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
-4.09
Year-over-Year Change
95.25%
Date Range
1/1/1992 - 1/1/2029
Summary
This economic trend measures the net lending or borrowing position of Fiji's general government as a percentage of GDP. It is a key indicator of the government's fiscal health and sustainability.
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 net lending/borrowing ratio represents the difference between government revenue and expenditure. A negative value indicates a fiscal deficit, while a positive value signals a surplus. This metric is widely used by policymakers and analysts to assess a country's fiscal policies and long-term fiscal stability.
Methodology
The data is collected and calculated by the International Monetary Fund (IMF) based on Fiji's government finance statistics.
Historical Context
Monitoring this trend helps inform economic and policy decisions related to taxation, spending, and public debt management.
Key Facts
- Fiji's net lending/borrowing ratio was -4.7% of GDP in 2021.
- The government's fiscal position has fluctuated significantly over the past decade.
- Improving the fiscal balance is a key priority for Fiji's economic policymakers.
FAQs
Q: What does this economic trend measure?
A: This trend measures the net lending or borrowing position of Fiji's general government as a percentage of its gross domestic product (GDP).
Q: Why is this trend relevant for users or analysts?
A: The net lending/borrowing ratio is a crucial indicator of the government's fiscal health and sustainability, informing policy decisions related to taxation, spending, and public debt management.
Q: How is this data collected or calculated?
A: The data is collected and calculated by the International Monetary Fund (IMF) based on Fiji's government finance statistics.
Q: How is this trend used in economic policy?
A: Monitoring this trend helps policymakers and analysts assess Fiji's fiscal policies and long-term fiscal stability, which is essential for making informed economic decisions.
Q: Are there update delays or limitations?
A: The data is published regularly by the IMF, but there may be some delays in the availability of the most recent observations.
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Citation
U.S. Federal Reserve, Fiscal Situation of General Government: Net Lending/borrowing for Fiji (FJIGGXCNLG01GDPPT), retrieved from FRED.