National Accounts

FBoS Release No: 49, 2016

9th September 2016


The provisional estimate of Gross Domestic Product (GDP) at constant basic price for 2015 shows an increase of 3.6 percent over 2014. The GDP value of $6.7 billion was estimated using 2011 prices and reflects the net value of goods and services produced in Fiji. The information used in this release is sourced from surveys and administrative sources.

gdp15a

The positive economic growth in 2015 was driven by the following industries:

  • Agriculture, Forestry and Fishing contributed 0.7 percentage points;
  • Accommodation and Food Services Activities contributed 0.5 percentage points;
  • Public Administration and Defence contributed 0.4 percentage points;
  • Information and Communication contributed 0.3 percentage points and
  • Wholesale and Retail Trade contributed 0.3 percentage points.

Growth in these industries helped attain an overall growth of 3.6 percent, despite a decline in the Forestry and Logging industry.

Further details are provided in Table 1 on the following page.

Table 1: Contribution to Growth from 2012 - 2015

gdp15b

2015 Main Movements by Industry

Graph 2: Agriculture, Forestry and Fishing

gdp15c

Agriculture was up 8.3 percent due to increases in the production of yaqona, pineapple and coconut. Forestry was down 7.8 percent due to decreases in the production of pine and mahogany logs. Fishing recorded a growth of 3.6 percent mainly due to increased production in offshore marine fishing and beach-de-mer.

 

 

 

 

 

 

 

Graph 3: Construction, Mining & Quarrying, Electricity and Water Supply & Sewerage

gdp15d

Construction grew by 6.2 percent mainly due to an increase in non-general government activities. Electricity was up 4.7 percent due to increase in electricity production while Mining & Quarrying recorded an increase of 4.6 percent mainly due to higher gold production. Water Supply and Sewerage grew by 1.3 percent resulting from increased supply of water.

 

 

 

 

 

 

 

 

Graph 4: Manufacturing and Wholesale & Retail & Repair of Motor Vehicles & Motor Cycles and Transport & Storage

gdp15e

Fiji’s two leading industries, Manufacturing and Wholesale & Retail Trade recorded growths of 0.8 percent and 3.1 percent respectively. The growth in Manufacturing was driven by higher production of paper & paper products and basic metal products. On the other hand growth in the Wholesale & Retail industry was driven by an increase in the sale of motor vehicles. The Transport & Storage industry grew by 2.7 percent and this was mainly driven by an increase in air transport and warehousing & support services.

 

 

 

 

 

 

 

 


Graph 5: Accommodation & Food Services, Information & Communication and Financial & Insurance

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The Financial & Insurance industry was up 2.1 percent due to an increase in the activities of other monetary intermediation, non-life insurance and pension funding. The Information & Communication industry grew by 5.7 percent as a result of an increase in telecommunication services. The Accommodation and Food Services industry recorded a growth of 8.0 percent as a result of an increase in accommodation services resulting from higher tourist arrivals in the country.

 

 

 

 

 

 

 

Graph 6: Real Estate, Professional, Scientific & Technical Activities and Administrative & Support Services

gdp15g

The Real Estate industry grew by 0.7 percent while Professional, Scientific & Technical Activities was up 1.8 percent. The growth in Professional, Scientific & Technical activities was mainly due to an increase in advertising and research activities. The Administrative and Support Services industry recorded a growth of 2.6 percent driven mainly by an increase in rental & leasing activities, travel agency and tour operators.

 

 

 

 

 

 

 

Graph 7: Public Administration & Defence, Education, Human Health & Social Work, Arts Entertainment & Recreation and Other Service Activities

gdp15h

Public Administration & Defence was up 4.9 percent as a result of an increase in general public administration, foreign affairs and defence services. The Education industry grew by 2.6 percent due to increased student enrolment in primary, technical & vocational and higher education. Human Health and Social Work grew by 5.7 percent resulting from human health activities of general government. The Arts, Entertainment & Recreation industry recorded growth of 3.9 percent mainly from an increase in botanical garden services and gambling & betting activities. Other Service Activities grew by 1.6 percent.

 

 

 

 

 

 

Please find attached the following Appendices for your reference:

CLICK HERE FOR RELATED TABLES

The following contact persons are available to attend to any further enquiries:

1) Mr. Bimlesh Krishna – Divisional Manager [Economics Statistics Division] on email or telephone 331 5822 (ext: 386 233).

2) Ms. Artika Devi – Senior Statistician [National Accounts & Sector Satellite Account] on email or telephone 331 5822 (ext: 386 237).