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Eswatini

SZ · currency SZL (Swazi lilangeni)

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Overview

Coverage: 39 of 40 annual indicators reported, latest years 2016–2026. Gaps read “not available” (source has no figure) or “not yet covered” (not yet collected), never zero.

Currencies & Rates

Official and market exchange rates, policy rates, government yields, bank rates, reserves and stock indices.

Exchange rates

SZL per US$1. Official and market rates are separate series and are never blended.
SeriesRateAs ofSource
Official rate reference 16.53 9 Oct 2026, 00:00 UTC ECB reference rates (via Frankfurter API)
Parallel-market rate (USDT peer-to-peer median) parallel 18.60 10 Oct 2026, 23:20 UTC Bybit P2P
Market premium% by which the market rate exceeds the official rate +12.50% +1.95% pts over 7 days How we measure

Market premium history · since Aug 2026 · collected by The African Exponent

-14%0%19%Aug 2026Sep 2026Oct 2026

Official rate, 10-year annual average (SZL per US$1, World Bank)

10141820142017202020232025

Policy rate

not yet covered

Government securities yields

% yield at the latest auction for each tenor. Tenors up to 364 days are Treasury bills; longer tenors are bonds. discount rate Source: Cbe

91-day 7.00%5 Aug 2026
182-day 8.40%5 Aug 2026
364-day 9.025%5 Aug 2026

Steep — 364-day above 91-day.

as of 5 Aug 2026

Annual indicators

Annual indicators · latest year reported for Eswatini · change over the period shown
Indicator Latest Year Change Source Data
FX reserves Current US$, total reserves including gold includes gold $536.6M 2024 ↓ $154.2M since 2014 World Bank CSV Rank Compare
Lending rate % per year, average bank lending rate 10.9% 2024 ↑ 2.2 pts since 2014 World Bank CSV Rank Compare
Deposit rate % per year, average bank deposit rate 3.9% 2024 ↑ 1.8 pts since 2014 World Bank CSV Rank Compare
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Economy & Prices

Output, growth, inflation, jobs, investment, the structure of the economy and minimum wages.

Inflation % change from a year earlier

SeriesYear on yearPeriodSource
Headline consumer prices stale 2.70% May 2026 National statistics office

Checked 12 Sep 2026, 19:49 UTC

Annual indicators

Annual indicators · latest year reported for Eswatini · change over the period shown
Indicator Latest Year Change Source Data
GDP Current US$ $5.2B 2025 ↑ $875.6M since 2014 World Bank CSV Rank Compare
GDP growth % change, real (inflation-adjusted) 4.2% 2025 ↑ 2.1 pts since 2014 World Bank CSV Rank Compare
GDP per capita (PPP) Current international $ per person, PPP $12,529 2025 ↑ $4,164 since 2014 World Bank CSV Rank Compare
GDP per capita growth % change per person, real 3.1% 2025 ↑ 1.6 pts since 2014 World Bank CSV Rank Compare
Unemployment % of labour force ILO modeled estimate — national definitions differ 34.2% 2025 ↑ 10.3 pts since 2014 World Bank CSV Rank Compare
Investment rate Gross fixed capital formation, % of GDP 16.1% 2024 ↓ 0.1 pts since 2014 World Bank CSV Rank Compare
Agriculture share of GDP Agriculture value added, % of GDP 6.4% 2025 ↓ 1.8 pts since 2014 World Bank CSV Rank Compare
Manufacturing share of GDP Manufacturing value added, % of GDP 28.1% 2025 ↓ 2.4 pts since 2014 World Bank CSV Rank Compare
Services share of GDP Services value added, % of GDP 52.4% 2025 ↑ 3.3 pts since 2014 World Bank CSV Rank Compare
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Public Finance & Debt

Government revenue, budget balance, public and external debt, debt service and sovereign credit ratings.

Sovereign credit ratings

No published sovereign rating recorded

Annual indicators

Annual indicators · latest year reported for Eswatini · change over the period shown
Indicator Latest Year Change Source Data
Government revenue / GDP General government revenue, % of GDP 2026 is an IMF projection (forecast) for the year in progress when fetched, not a reported outturn. 31.5% 2026 ↓ 0.1 pts since 2014 IMF DataMapper CSV Rank Compare
Budget balance / GDP General government net lending/borrowing, % of GDP Latest 1–2 years are IMF estimates -6.9% 2026 ↓ 5.7 pts since 2014 IMF World Economic Outlook Oct 2025 CSV Rank Compare
Debt to GDP General government gross debt, % of GDP Latest 1–2 years are IMF estimates 50% 2026 ↑ 35.9 pts since 2014 IMF World Economic Outlook Oct 2025 CSV Rank Compare
Gross debt (national currency) General government gross debt, local currency Latest 1–2 years are IMF estimates SZL 48.9B 2026 ↑ SZL 42.3B since 2014 IMF World Economic Outlook Oct 2025 CSV
External debt Total external debt stocks, current US$ $1.2B 2024 ↑ $701.3M since 2014 World Bank CSV Rank Compare
Debt service / exports Total debt service, % of exports and primary income 7.7% 2024 ↓ 2.9 pts since 2014 World Bank CSV Rank Compare
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Trade & Resources

Exports, imports, trade partners and products, investment and remittance flows, oil and commodities.

Trade profile

Goods and services, current US$
FlowLatestChange
Exports $2.6B · 2024 ↑ $622.3M since 2014
Imports $2.6B · 2024 ↑ $632.5M since 2014
Balance derived −$52.9M · 2024 ↓ $10.2M since 2014

Top exports · 2023

Products

  1. Essential oils and cosmetics$586.4M · 28.0%
  2. Sugars and confectionery$477.3M · 22.8%
  3. Miscellaneous chemical products$282.2M · 13.5%
  4. Apparel, not knitted$145.5M · 6.9%
  5. Wood and wood articles$135.5M · 6.5%
Show all 10 products
  1. Mineral fuels$75.4M · 3.6%
  2. Beverages, spirits, vinegar$60.7M · 2.9%
  3. Apparel, knitted$49.3M · 2.4%
  4. Preparations of vegetables and fruit$39.7M · 1.9%
  5. Cereal, flour, starch preparations$36.2M · 1.7%

Partners

  1. South Africa$1.4B · 67.5%
  2. Kenya$89.6M · 4.3%
  3. Mozambique$82M · 3.9%
  4. Nigeria$70.1M · 3.3%
  5. Zimbabwe$47.8M · 2.3%
Show all 10 partners
  1. Tanzania$35.5M · 1.7%
  2. Uganda$34.2M · 1.6%
  3. Italy$34M · 1.6%
  4. Botswana$33.9M · 1.6%
  5. United States$29.2M · 1.4%

Top imports · 2023

Products

  1. Mineral fuels$381.7M · 18.7%
  2. Machinery and mechanical appliances$121.8M · 6.0%
  3. Vehicles other than railway$119.7M · 5.9%
  4. Electrical machinery and equipment$88.1M · 4.3%
  5. Cereals$87M · 4.3%
Show all 10 products
  1. Plastics$78.8M · 3.9%
  2. Beverages, spirits, vinegar$64.5M · 3.2%
  3. Cotton$61.1M · 3.0%
  4. Organic chemicals$54.8M · 2.7%
  5. Essential oils and cosmetics$52.8M · 2.6%

Partners

  1. South Africa$1.5B · 73.8%
  2. China$154.3M · 7.6%
  3. India$72.3M · 3.5%
  4. United States$31.5M · 1.5%
  5. Mozambique$25.3M · 1.2%
Show all 10 partners
  1. Ireland$18.9M · 0.9%
  2. Germany$18.7M · 0.9%
  3. United Arab Emirates$17.1M · 0.8%
  4. Italy$13M · 0.6%
  5. Bahrain$12.8M · 0.6%

2025 filings are still arriving — this page updates as each country reports

Commodity exposure for Eswatini →

Annual indicators

Annual indicators · latest year reported for Eswatini · change over the period shown
Indicator Latest Year Change Source Data
Exports of goods and services Goods and services, current US$ $2.6B 2024 ↑ $622.3M since 2014 World Bank CSV Rank Compare
Exports per capita derived Current US$ per person (derived) $2,060 2024 ↑ $354.52 since 2014 Derived from World Bank series on this page CSV Rank Compare
Current account / GDP Current-account balance, % of GDP Latest 1–2 years are IMF estimates -1.8% 2026 ↓ 13.7 pts since 2014 IMF World Economic Outlook Oct 2025 CSV Rank Compare
FDI inflows Foreign direct investment, net inflows, current US$ $75.5M 2024 ↑ $49.7M since 2014 World Bank CSV Rank Compare
Remittances Personal remittances received, current US$ $33.3M 2024 ↓ $62.5M since 2014 World Bank CSV Rank Compare
Terms of trade Net barter terms of trade, index (2015 = 100) 90.50 2024 ↓ 6.50 since 2014 World Bank CSV Rank Compare
Tourist arrivals International tourist arrivals per year 345,300 2020 ↓ 979,700 since 2014 World Bank CSV Rank Compare
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People & Society

Population, health, education, poverty and inequality, access to services and democracy.

Annual indicators · latest year reported for Eswatini · change over the period shown
Indicator Latest Year Change Source Data
Population People, total 1.3M 2025 ↑ 119,875 since 2014 World Bank CSV Rank Compare
Median age Years 22 years 2023 ↑ 2.3 years since 2014 UN WPP 2024, via Our World in Data CSV
Life expectancy Years at birth 64.3 years 2024 ↑ 10.8 years since 2014 World Bank CSV Rank Compare
Child mortality Under-5 deaths per 1,000 live births 45.1 per 1,000 2024 ↓ 14.9 since 2014 World Bank CSV Rank Compare
Health expenditure Current health spending, % of GDP 7.5% 2023 ↑ 0.2 pts since 2014 World Bank CSV Rank Compare
Physicians Per 1,000 people 0.6 per 1,000 2023 ↑ 0.5 since 2016 World Bank CSV Rank Compare
Adult literacy % of people aged 15 and over 90.8% 2022 — World Bank CSV Rank Compare
Poverty ($3/day) % of people below $3.00 a day (2021 PPP) 44.5% 2016 — World Bank CSV Rank Compare
National poverty line % of people below the national poverty line 58.9% 2016 — World Bank CSV
Gini index Income inequality, 0 (equal) to 100 54.60 2016 — World Bank CSV Rank Compare
Electricity access % of population 89.3% 2024 ↑ 24.3 pts since 2014 World Bank CSV Rank Compare
Internet users % of population using the internet 63.4% 2024 ↑ 38.4 pts since 2014 World Bank CSV Rank Compare
Account ownership % of people aged 15+ with an account Findex · every 3–4 years 65.1% 2024 ↓ 1.1 pts since 2022 World Bank CSV Rank Compare
Electoral democracy V-Dem electoral democracy index, 0 to 1 0.13 2025 ↓ 0.00 since 2014 V-Dem Institute CSV Rank Compare

Not available for Eswatini: Tertiary enrollment.

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Listed companies

Listed in Eswatini, country of incorporation not established

Listed on the Eswatini Stock Exchange; no official source we collected states where these companies are incorporated, so they are not counted as Eswatini companies.

All listed companies · Company CSV downloads

Downloads

Each indicator row above has its own CSV link. Every file starts with its source, source URL and page link. All downloads

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