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.

Top 3 Trade Partners (2021): South Africa, China, and Kenya
Top 3 Exported Goods (2021): Cosmetics, Sugar & Confectionery, and Chemical Products

Top Industries Source: CIA World Factbook

Coal; Wood Pulp; Sugar; Soft Drink Concentrates

Gross Domestic Product (GDP) [1]

GDP, PPP (current international) $12,956,587,840 (2022)
GDP Growth Rate (annual %) 3.915% (2022)
GDP Per Capita, PPP (current international) $10,782 (2022)
Click on a row to display its 5-year graph on the right.

GDP Country Rank 158/197 (2022)

GDP Composition %

Note: GDP composition percentage may exceed 100. Manufacturing is included in the Industry figures and is also reported separately because it plays a critical role in many economies.

Economic Indicators [1]

Inflation, consumer prices (annual %) 2.598% (2019)
External debt stocks, total (DOD, current US$) $1,130,356,584 (2021)
Total tax rate (% of commercial profits) 35.8% (2019)
Real Interest Rate (5 year average %) -0.345% (2022)
Manufacturing, value added (% of GDP) 26.632% (2021)
Current Account Balance (BoP, current US$) $124,463,319 (2021)
Click on a row to display its 5-year graph on the right.

Labor and Employment [1]

Labor Force, Total 396,163 (2022)
Employment in Agriculture (% of total employment) 12.409% (2021)
Employment in Industry (% of total employment) 24.481% (2021)
Employment in Services (% of total employment) 63.11% (2021)
Unemployment Rate 24.389% (2022)
Click on a row to display its 5-year graph on the right.

Trade [1]

Imports of goods and services (current US$) $2,177,890,774 (2021)
Exports of goods and services (current US$) $2,137,033,443 (2021)
Total Merchandise Trade (% of GDP) 84.051% (2022)
FDI, net inflows (BoP, current US$) $13,350,248 (2022)
Commercial Service Exports (current US$) $67,514,229 (2021)
Click on a row to display its 5-year graph on the right.

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.

Due to unavailable data the following indicators have been omitted:
  • Exports
  • FDI, net inflows
  • GDP Growth Rate
  • GDP Per Capita
  • Inflation
  • Unemployment

Sources

  1. The World Bank