Gross capital formation rose 17.2% to USD 1,076 bil in Fiji in 2023, according to the National Statistical Office.
Historically, gross capital formation in Fiji reached an all time high of USD 1,175 bil in 2018 and an all time low of USD 19.3 bil in 1962. When compared to Fiji's main peers, gross capital formation in Estonia amounted to USD 11,435 bil, USD 117,137 bil in Norway, USD 559,464 bil in Russia and USD 145,565 bil in Sweden in 2023.
Fiji has been ranked 140th within the group of 153 countries we follow in terms of gross capital formation, 14 places above the position seen 10 years ago.
Gross Capital Formation (USD) | Unit | 2004 | 2005 | 2006 | 2007 | 2008 | 2009 | 2010 | 2011 | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 |
China | USD bil | 6,127,939 | 6,212,756 | 6,384,329 | 7,768,897 | 7,758,145 | ... | |||||||||||||||
Denmark | USD bil | 80,056 | 75,595 | 80,951 | 96,385 | 99,256 | ||||||||||||||||
Estonia | USD bil | 8,696 | 8,401 | 9,437 | 11,336 | 11,119 | ||||||||||||||||
Fiji | USD bil | 1,175 | 1,070 | 741 | 936 | 918 | ... | |||||||||||||||
Finland | USD bil | 70,449 | 65,599 | 67,456 | 72,932 | 76,468 | ||||||||||||||||
Germany | USD bil | 869,988 | 842,888 | 853,700 | 976,688 | 958,504 | ||||||||||||||||
Iceland | USD bil | 5,806 | 5,103 | 4,613 | 5,926 | 7,037 | ||||||||||||||||
Japan | USD bil | 1,292,568 | 1,319,915 | 1,274,839 | 1,301,346 | 1,141,299 | ... | |||||||||||||||
Latvia | USD bil | 7,938 | 7,725 | 7,395 | 9,822 | 9,204 | ||||||||||||||||
Lithuania | USD bil | 12,158 | 10,793 | 9,484 | 14,638 | 19,943 | ||||||||||||||||
Norway | USD bil | 121,940 | 121,035 | 115,261 | 126,285 | 126,282 | ||||||||||||||||
Russia | USD bil | 363,255 | 383,685 | 350,213 | 420,884 | 531,720 | ||||||||||||||||
Sweden | USD bil | 139,529 | 130,166 | 133,072 | 160,931 | 156,142 | ||||||||||||||||
USA | USD bil | 4,455,419 | 4,667,673 | 4,573,797 | 5,051,971 | 5,708,454 |