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Fiji - Inflation

Inflation, consumer prices (annual %)

The value for Inflation, consumer prices (annual %) in Fiji was 0.16 as of 2021. As the graph below shows, over the past 51 years this indicator reached a maximum value of 21.98 in 1972 and a minimum value of -2.60 in 2020.

Definition: Inflation as measured by the consumer price index reflects the annual percentage change in the cost to the average consumer of acquiring a basket of goods and services that may be fixed or changed at specified intervals, such as yearly. The Laspeyres formula is generally used.

Source: International Monetary Fund, International Financial Statistics and data files.

Year	Value
1970	4.12
1971	9.14
1972	21.98
1973	11.09
1974	14.50
1975	13.06
1976	11.43
1977	7.01
1978	6.11
1979	7.81
1980	14.49
1981	11.18
1982	7.03
1983	6.70
1984	5.29
1985	4.42
1986	1.80
1987	5.66
1988	11.76
1989	6.19
1990	8.19
1991	6.50
1992	4.88
1993	5.21
1994	0.82
1995	2.17
1996	3.05
1997	3.37
1998	5.71
1999	1.97
2000	1.09
2001	4.27
2002	0.76
2003	4.17
2004	2.83
2005	2.37
2006	2.49
2007	4.80
2008	7.73
2009	3.13
2010	3.69
2011	7.28
2012	3.42
2013	2.91
2014	0.52
2015	1.37
2016	3.86
2017	3.35
2018	4.08
2019	1.77
2020	-2.60
2021	0.16

Inflation, GDP deflator (annual %)

The value for Inflation, GDP deflator (annual %) in Fiji was -1.75 as of 2020. As the graph below shows, over the past 59 years this indicator reached a maximum value of 29.65 in 1974 and a minimum value of -4.72 in 2000.

Definition: Inflation as measured by the annual growth rate of the GDP implicit deflator shows the rate of price change in the economy as a whole. The GDP implicit deflator is the ratio of GDP in current local currency to GDP in constant local currency.

Source: World Bank national accounts data, and OECD National Accounts data files.

Year	Value
1961	0.61
1962	1.40
1963	-0.97
1964	3.14
1965	7.95
1966	2.48
1967	-3.60
1968	3.29
1969	6.49
1970	6.83
1971	3.36
1972	14.73
1973	16.00
1974	29.65
1975	24.32
1976	7.91
1977	-0.03
1978	4.43
1979	8.14
1980	17.31
1981	0.96
1982	12.14
1983	6.82
1984	3.01
1985	8.22
1986	3.05
1987	7.34
1988	7.33
1989	2.85
1990	6.68
1991	5.99
1992	6.31
1993	7.24
1994	0.83
1995	1.13
1996	2.87
1997	3.29
1998	7.45
1999	6.73
2000	-4.72
2001	3.25
2002	3.27
2003	7.70
2004	2.19
2005	6.65
2006	3.75
2007	3.02
2008	2.16
2009	1.39
2010	4.23
2011	9.39
2012	3.58
2013	3.62
2014	12.51
2015	2.53
2016	2.63
2017	1.70
2018	1.43
2019	2.38
2020	-1.75

Inflation, GDP deflator: linked series (annual %)

The latest value for Inflation, GDP deflator: linked series (annual %) in Fiji was -1.75 as of 2020. Over the past 30 years, the value for this indicator has fluctuated between 12.51 in 2014 and -4.72 in 2000.

Definition: Inflation as measured by the annual growth rate of the GDP implicit deflator shows the rate of price change in the economy as a whole. This series has been linked to produce a consistent time series to counteract breaks in series over time due to changes in base years, source data and methodologies. Thus, it may not be comparable with other national accounts series in the database for historical years.

Source: World Bank staff estimates based on World Bank national accounts data archives, OECD National Accounts, and the IMF WEO database.

Year	Value
1990	6.68
1991	5.99
1992	6.31
1993	7.24
1994	0.83
1995	1.13
1996	2.87
1997	3.29
1998	7.45
1999	6.73
2000	-4.72
2001	3.25
2002	3.27
2003	7.70
2004	2.19
2005	6.65
2006	3.75
2007	3.02
2008	2.16
2009	1.39
2010	4.23
2011	9.39
2012	3.58
2013	3.62
2014	12.51
2015	2.53
2016	2.63
2017	1.70
2018	1.43
2019	2.38
2020	-1.75

Classification

Topic: Financial Sector Indicators

Sub-Topic: Exchange rates & prices