Asian Development Bank and Fiji: Fact Sheet

Abstract

Updated yearly, this ADB Fact Sheet provides social and economic indicators on Fiji as well as concise information on ADB's operations in the country and contact information. The Fiji Islands has made more progress toward the internationally agreed Millennium Development Goals (MDGs) for reducing poverty than many other Pacific countries and is close to achieving health, education, and gender-related targets. A buoyant tourism sector and private sector investment are expected to help the economy recover from a slowdown in 2005. But sluggish growth in the sugar and clothing industries will require major adjustments to correct if these industries are to remain viable sources of employment after losing preferential access to overseas markets. Standards of living have declined in urban areas, and there is potential that the loss of jobs could raise rates of urban and rural poverty significantly over the medium term.