The Fijian economy is expected to grow by 3.4 percent in 2025, the Reserve Bank of Fiji has stated in its March Quarterly Review released yesterday.
RBF said this growth will be largely driven by services sector activity.
“In 2026 and 2027, economic growth is forecast to be 2.9 percent and 2.8 percent, respectively,” said RBF.
“Additionally, according to the RBF’s February 2025 (Feb25) Business Expectations Survey (BES) results, the overall outlook for business conditions remains generally optimistic across all sectors over the next 6 to 12 months, although this is lower than indicated in the previous survey.”
RBF added the International Monetary Fund (IMF) in its April 2025 World Economic Outlook (WEO), revised its global growth forecast downward, lowering the projection for 2025 from 3.3 percent to 2.8 percent and for 2026 to 3.0 percent (from 3.3%).
“The revision reflects rising trade tensions, policy shifts by economies around the world and financial market shifts driven by the United States (US) tariff increases on major economies.”
“The intensifying trade conflict and growing policy uncertainty may further constrain global economic growth in the short and long term.”
