In September 2020, James Cameron said that 95% of Avatar: Fire and Ash had been completed. More precisely, his update referred to the live-action production of what was then generally identified as Avatar 3, rather than claiming that every visual-effects and post-production task was finished.
Cameron made the announcement while discussing progress with Arnold Schwarzenegger at the 2020 Austrian World Summit. He said Avatar 2’s live-action filming was complete and that Avatar 3 was about 95% complete, with only a small amount of filming remaining in New Zealand.
The wording matters because a film can be nearly finished shooting while still requiring extensive editing, visual effects, sound work, and color grading. Avatar productions are especially dependent on long post-production schedules because Pandora’s environments and characters combine performance capture with computer-generated imagery.
The update was also frequently summarized as “95% of Avatar 3 completed.” That shorthand supports the quiz answer, but it should not be read as meaning the finished theatrical version was already 95% ready for release.