Real GDP growth, %
Since 1995 · lighter bars = IMF projection
Macro
Eswatini
Sub-Saharan Africa · Lower middle income · IMF WEO April 2026 · World Bank WDI
GDP▲ 6.4%
Current prices2025
5USD bn
GDP per capita▲ 5.3%
Current prices2025
4,442USD
Real GDP growth▲ 0.6 pp
Annual change2025
3.6%
Inflation▼ 1.0 pp
Average consumer prices2025
3.1%
Government debt▲ 4.8 pp
General government, gross2025
44.9% of GDP
Current account▼ 2.2 pp
Balance2025
-0.6% of GDP
Population▲ 1.1%
Total2025
1.16million
Inflation, %
Average consumer prices · lighter bars = IMF projection
IMF outlook
IMF World Economic Outlook April 2026 · italics = IMF projection
| Indicator | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 | 2027 | 2028 | 2029 | 2030 |
|---|---|---|---|---|---|---|---|---|---|---|
| Real GDP growth % | 4.2 | 0.4 | 3.5 | 3.0 | 3.6 | 4.0 | 3.5 | 2.9 | 2.9 | 2.8 |
| Inflation, average consumer prices % | 3.7 | 4.8 | 4.9 | 4.0 | 3.1 | 3.5 | 3.8 | 3.4 | 3.2 | 3.0 |
| GDP, current prices USD bn | 5 | 5 | 5 | 5 | 5 | 6 | 6 | 6 | 6 | 7 |
| GDP per capita, current prices USD | 4,317 | 4,216 | 4,060 | 4,220 | 4,442 | 4,927 | 5,016 | 5,153 | 5,333 | 5,519 |
| GDP per capita, PPP Int. USD | 10,825 | 11,514 | 12,229 | 12,766 | 13,456 | 14,245 | 14,898 | 15,417 | 15,970 | 16,535 |
| General government gross debt % of GDP | 37.3 | 39.5 | 39.4 | 40.1 | 44.9 | 50.0 | 52.7 | 54.0 | 55.7 | 55.9 |
| General government net lending/borrowing % of GDP | -4.6 | -5.3 | -0.7 | -1.1 | -6.1 | -6.9 | -5.1 | -4.1 | -3.5 | -3.1 |
| Current account balance % of GDP | 2.6 | -2.7 | 2.2 | 1.6 | -0.6 | -1.8 | -0.5 | -0.1 | 0.4 | 0.6 |
| Population million | 1.11 | 1.13 | 1.14 | 1.15 | 1.16 | 1.18 | 1.19 | 1.20 | 1.21 | 1.23 |
Government debt, % of GDP
General government gross debt
Current account, % of GDP
Balance of payments
Economic structure
Value added by sector, % of GDP · World Bank
AgricultureManufacturingOther industryServices
| Year | Structure | Agriculture | Industry | Manufacturing | Services |
|---|---|---|---|---|---|
| 1995 | 10.1 | 37.7 | 32.8 | 36.1 | |
| 2005 | 9.0 | 41.0 | 34.4 | 45.9 | |
| 2015 | 7.4 | 37.0 | 31.7 | 49.2 | |
| 2025 | 6.4 | 33.6 | 28.1 | 52.4 |
Income, trade and society
World Bank WDI · change over 10 years
| Indicator | Latest | Unit | Year | 10Y change |
|---|---|---|---|---|
| GNI per capita, Atlas method | 3,730 | USD | 2025 | +5.4% |
| GNI, Atlas method | 5 | USD bn | 2025 | +15.8% |
| Exports of goods and services | 53.8 | % of GDP | 2024 | +8.4 pp |
| Imports of goods and services | 53.7 | % of GDP | 2024 | +7.4 pp |
| Life expectancy at birth | 64.3 | years | 2024 | +20.1% |
| Urban population | 26.7 | % of total | 2025 | +3.5 pp |
Sources: IMF World Economic Outlook (April 2026; 2026 onwards are IMF projections) · World Bank World Development Indicators (CC BY 4.0)