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Economy of Eswatini information


Economy of Eswatini
Currencylilangeni (SZL), South African rand (ZAR)
Fiscal year
1 April - 31 March
Trade organisations
AU, AfCFTA, WTO, SADC, SACU
Statistics
GDP
  • Increase $4.711 billion (nominal, 2018 est.)[1]
  • Increase $12.069 billion (PPP, 2018 est.)[1]
GDP rank159th (nominal) / 157th (PPP)
GDP growth
  • 3.2% (2016) 1.9% (2017)
  • 0.5% (2018e) 1.1% (2019f)[2]
GDP per capita
  • Increase $4,267 (nominal, 2018 est.)[1]
  • Increase $10,932 (PPP, 2018 est.)[1]
GDP by sector
agriculture: 8.77%, industry: 33.8%, services: 53.15% (2019 est.)[3]
Inflation (CPI)
6.1% (2011 est.)
Population below poverty line
69% (2006)
Labour force
457,900 (2007)
Labour force by occupation
agriculture: 70%
Unemployment40% (2006 est.)
Main industries
Coal mining, wood pulp, sugar, soft drink concentrates, textile and apparel
External
Exports$2.049 billion f.o.b. (2011 est.)
Export goods
soft drink concentrates, sugar, wood pulp, cotton yarn, refrigerators, citrus and canned fruit
Main export partners
  • Economy of Eswatini South Africa 59.7%
  • Economy of Eswatini EU 8.8%
  • Economy of Eswatini US 8.8%
  • Economy of Eswatini Mozambique 6.2%
  • (2004)
Imports$2.076 billion f.o.b. (2011 est.)
Import goods
motor vehicles, machinery, transport equipment, foodstuffs, petroleum products, chemicals
Main import partners
  • Economy of Eswatini South Africa 95.6%
  • Economy of Eswatini EU 0.9%
  • Economy of Eswatini Japan 0.9%
  • Economy of Eswatini Singapore 0.3%
  • (2004)
Public finances
Government debt
$703.1 million (2011 est.)
Revenues$1.006 billion (2011)
Expenses$1.488 billion (2011)
Economic aidrecipient: $104 million (2001)
Main data source: CIA World Fact Book
All values, unless otherwise stated, are in US dollars.

The economy of Eswatini is fairly diversified. Agriculture, forestry and mining account for about 13 percent of Eswatini's GDP whereas manufacturing (textiles and sugar-related processing) represent 37 percent of GDP. Services – with government services in the lead – constitute the other 50 percent of GDP.

  1. ^ a b c d "World Economic Outlook Database, October 2019". IMF.org. International Monetary Fund. Retrieved 8 December 2019.
  2. ^ "Global Economic Prospects, June 2019: Heightened Tensions, Subdued Investment. p. 127" (PDF). openknowledge.worldbank.org. World Bank. Retrieved 8 December 2019.
  3. ^ "Swaziland: Distribution of gross domestic product (GDP) across economic sectors from 2009 to 2019". statista.com. Statista. Retrieved 19 February 2021.

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