Attribute | Value |
---|---|
Geography | |
Area | 18,274 km² |
Continent | Australia |
Land area | 18,274 km² |
Water area | 0 km² |
Land boundaries | 0 km |
Border countries | Add |
Coastline | 1,129 km |
Mean elevation | Add |
Lowest point | 0 m |
Highest point | 1,324 m |
People | |
Population | 935,974 |
Official languages |
|
Religion | Protestant |
Government | |
Long country name | Republic of Fiji |
Short country name | Fiji |
Long local name | Republic of Fiji/Matanitu ko Viti |
Short local name | Fiji/Viti |
Former name | Add |
Government type | Parliamentary republic |
Capital | Suva |
Economy | |
GDP (PPP) | 8,629,000,000 USD |
GDP (OER) | 4,891,000,000 USD |
GDP (real growth rate) | 3 % |
GDP - per capita (PPP) | 9,800 USD |
Gross national saving | 12.7 % of GDP |
Labor force | 353,100 |
Unemployment rate | 4.5 % |
Population below poverty line | 31 % |
Budget revenues | 1,454,000,000 USD |
Budget expenditures | 1,648,000,000 USD |
Military expenditures | 0.92 % of GDP |
Taxes and other revenues | 29.7 % of GDP |
Budget surplus or deficit | -4 % of GDP |
Public debt | 48.9 % of GDP |
Inflation rate | 3.4 % |
Central bank discount rate | 1.75 % |
Commercial bank prime lending rate | 5.74 % |
Stock of narrow money | 2,272,000,000 USD |
Stock of broad money | 2,272,000,000 USD |
Stock of domestic credit | 3,607,000,000 USD |
Market value of publicly traded shares | 452,500,000 USD |
Current account balance | -277,000,000 USD |
Exports | 908,200,000 USD |
Imports | 1,911,000,000 USD |
Reserves of foreign exchange and gold | 1,116,000,000 USD |
External debt | 1,022,000,000 USD |
National currency | Fijian dollars |
National currency (code) | FJD |
National currency (symbol) | $ |
National currency rate to USD | 2.075 |
Fiji became independent in 1970 after nearly a century as a British colony. Democratic rule was interrupted by two military coups in 1987 caused by concern over a government perceived as dominated by the Indian community (descendants of contract laborers brought to the islands by the British in the 19th century). The coups and a 1990 constitution that cemented native Melanesian control of Fiji led to heavy Indian emigration; the population loss resulted in economic difficulties, but ensured that Melanesians became the majority. A new constitution enacted in 1997 was more equitable. Free and peaceful elections in 1999 resulted in a government led by an Indo-Fijian, but a civilian-led coup in 2000 ushered in a prolonged period of political turmoil. Parliamentary elections held in 2001 provided Fiji with a democratically elected government led by Prime Minister Laisenia QARASE. Reelected in May 2006, QARASE was ousted in a December 2006 military coup led by Commodore Voreqe BAINIMARAMA, who initially appointed himself acting president but in January 2007 became interim prime minister. Following years of political turmoil, long-delayed legislative elections were held in September 2014 that were deemed "credible" by international observers and that resulted in BAINIMARAMA being reelected. He was reelected in November 2018 in elections deemed free and fair.