Ritika Pratap 
Fiji’s economy is projected to grow 3.4% this year, matching the 2010-2019 average, after 3% growth in 2024, according to Westpac Fiji.
They expect this growth if current projections hold.
First-quarter data will provide a clearer economic picture.
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Westpac noted double-digit credit growth, with total commercial bank loans up 13.1% to $9.5 billion in November 2024.
The largest loan growth contributors were wholesale, retail, hotel, and restaurants (4%), followed by private individuals, real estate, business, construction, and manufacturing.
Private sector credit grew 11.4% in 2024, and broad money increased 8.4%.
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