ADB's Work in Fiji
Shareholding and Voting Power
Number of shares held:
7,218 (0.068% of total shares)
46,332 (0.348% of total membership, 0.535% of total regional membership)
Overall capital subscription:
Paid-in capital subscription:
Fiji has one of the most developed economies in the Pacific, with tourism as the main driver of economic activity and foreign direct investment. In 2020, international travel restrictions associated with the coronavirus disease (COVID-19) pandemic caused a collapse in tourism arrivals and contributed to an estimated 19% contraction in Fiji’s gross domestic product.
Boat ride in Fiji
ADB has been supporting Fiji since 1970 and is currently working with the national government based on the country partnership strategy, 2019–2023. Over the strategy period, ADB anticipates an allocation of $600 million in sovereign and nonsovereign resources to help Fiji overcome its key development challenges, including pandemic recovery.
Since 1970, ADB has committed loans totaling $789.4 million, grants of $6.4 million, technical assistance worth $39.7 million, and ADB-administered cofinancing of $35.7 million for Fiji.