Eswatini: Economy
Income Level (by per capita GNI) Source: The World Bank Possible values: High Income, Upper Middle Income, Lower Middle Income and Low Income |
Lower Middle Income |
Level of Development
Source: United Nations Possible values: Developed, In Transition and Developing |
Data Unavailable |
Economic Trivia | Eswatini sends 60% of its exports and receives 90% of its imports from South Africa. |
Trade
Source: United Nations Comtrade Note: Top 3 trade partners are calculated by imports + exports. |
Data unavailable |
Top Industries Source: CIA World Factbook | Coal; Wood Pulp; Sugar; Soft Drink Concentrates |
Gross Domestic Product (GDP) [1]
GDP, PPP (current international) | $11,616,558,807 (2017) |
GDP Growth Rate (annual %) | 2.001% (2017) |
GDP Per Capita, PPP (current international) | $8,496 (2017) |
GDP Country Rank 153/195 (2017)
Economic Indicators [1]
Inflation, consumer prices (annual %) | 6.221% (2017) |
External debt stocks, total (DOD, current US$) | $650,997,824 (2017) |
Total tax rate (% of commercial profits) | 35.2% (2017) |
Real Interest Rate (5 year average %) | 5.179% (2017) |
Manufacturing, value added (% of GDP) | 31.42% (2016) |
Current Account Balance (BoP, current US$) | $639,719,284 (2016) |
Labor and Employment [1]
Labor Force, Total | 466,259 (2017) |
Employment in Agriculture (% of total employment) | 69.135% (2017) |
Employment in Industry (% of total employment) | 12.42% (2017) |
Employment in Services (% of total employment) | 18.446% (2017) |
Unemployment Rate | 26.396% (2017) |
Trade [1]
Imports of goods and services (current US$) | $1,960,003,161 (2016) |
Exports of goods and services (current US$) | $1,842,329,701 (2016) |
Total Merchandise Trade (% of GDP) | 82.422% (2017) |
FDI, net inflows (BoP, current US$) | ($59,462,743) (2017) |
Commercial Service Exports (current US$) | $93,604,176 (2016) |
Economic Snapshot [1]
Note: Percentile ranks are calculated using the latest available data for all countries within the last 5 years.
How to interpret the graph: The purpose of this graph is to take a snapshot of a country’s economy in comparison to other economies. For example, Eswatini’s Exports rank is higher than (please wait...) of the countries in the dataset. For Exports, FDI and GDP measures, a higher rank (closer to 100%) indicates a stronger economy. Conversely, for Unemployment and Inflation, a lower rank (closer to 0%) indicates a stronger economy.