The International Monetary Fund (IMF) is forecasting Fiji’s economy to grow at three per cent this year, a few percentage points lower than the official estimate by the Reserve Bank of Fiji (RBF).
“We see continued moderate growth in the tourism sector as well as a pick-up in other sectors,” IMF Mission Chief for Fiji, Asia and the Pacific Marshall Mills said.
“Particularly starting next year, we see growth in the mining, manufacturing sectors, along with the ongoing increase in hotel capacity, which will support tourism.
So, broad based growth but with tourism remaining the main driver.”
The IMF has just completed its assessment of Fiji’s economy under its annual Article IV Consultations with the Government of Fiji.
RBF had officially revised Fiji’s economic growth estimates in November last year to 3.4 percent in 2024 and a further three per cent in 2025 and 2026, with tourism and the industrial sectors as leading drivers of growth.
