Fiji Among World’s Lowest Interest Rate Nations in 2025, Says Global Report

Fiji has been named one of the countries with the lowest interest rates in the world in 2025, according to a global interest rate map published by Visual Capitalist, based on data from the International Monetary Fund (IMF).

The report shows that Fiji’s benchmark interest rate is 0.25%, placing it alongside Switzerland at the very bottom of the global scale. This reflects an accommodative monetary policy stance by the Reserve Bank of Fiji, aimed at supporting economic activity.

The global map compares interest rates across more than 100 countries. At the high end, Turkey has a benchmark rate of 50%, Nigeria is at 24.75%, and Brazil sits at 10.75%. These countries have raised rates sharply in recent years in response to inflationary pressures.

Fiji’s interest rate is significantly lower than its regional neighbours. Australia has a rate of 4.35% and New Zealand 5.50%, both maintaining tighter monetary policy to control inflation and stabilise housing markets.

The Visual Capitalist report is based on the IMF’s April 2025 World Economic Outlook data, which includes projected and current central bank rates. Fiji’s placement on the map highlights a unique position among developing nations, where most are maintaining higher rates to address inflation and currency concerns.

While the Reserve Bank of Fiji has not commented publicly on the report, it has previously stated in its monetary policy statements that it aims to maintain stability while supporting domestic recovery and growth, especially in key sectors like tourism, construction, and agriculture.

The inclusion of Fiji alongside countries like Switzerland—known for financial stability—has drawn attention to its current monetary environment and could have implications for borrowing costs, investment, and economic planning across the country.

The report can be found here.