Home Eswatini Government Budget Deficit

Eswatini Budget Deficit

General government net lending/borrowing as % of GDP  GGXCNL_NGDP

-4.65% −3.30% (-245.9%)
Year 2025 Rank #137 Global Peak 8.67% (2006) Source IMF WEO

Eswatini Budget Deficit (1980–2025)

Overview

Eswatini's budget deficit stood at -4.65% in 2025, a decline of +3.30% from 2024. The IMF projects -4.65% by 2025. Eswatini ranked 137th globally.

Data & projection

Year Budget Deficit YoY change Rank
2030* IMF -1.27% - -
2029* IMF -1.40% - -
2028* IMF -1.89% - -
2027* IMF -2.86% - -
2026* IMF -4.21% - -
2025* IMF -4.65% - -
2025 -4.65% −3.30% #137
2024 -1.34% −0.69% #128
2023 -0.66% +4.62% #143
2022 -5.28% −0.71% #51
2021 -4.57% −0.35% #88
2020 -4.22% +2.01% #132
2019 -6.23% +0.35% #23
2018 -6.58% −0.95% #17
2017 -5.64% +2.72% #30
2016 -8.36% −2.48% #23
2015 -5.88% −4.72% #40
2014 -1.16% −1.74% #133
2013 0.57% −2.82% #159
2012 3.39% +7.27% #166
2011 -3.88% +5.46% #61
Show all years (1980-2025)
* IMF World Economic Outlook projection

Detected Pattern

Export Boom Cycle
Current account surplus with strong export growth (>15% YoY), reserve accumulation, and moderate GDP growth. Typical of commodity exporters during price surges.
Reserves YoY +23.4% GDP growth 4.1% C/A balance 5.1%
Occurred 768 times, 546 successful
Reserves YoY
+25.6%
GDP growth
4.0%
C/A balance
14.5%
Reserves YoY
+14.6%
GDP growth
3.7%
C/A balance
2.9%
Reserves YoY
+12.8%
GDP growth
43.8%
C/A balance
16.4%
Reserves YoY
+12.6%
GDP growth
6.0%
C/A balance
0.5%
Reserves YoY
+38.3%
GDP growth
5.0%
C/A balance
1.2%
Reserves YoY
+18.0%
GDP growth
2.9%
C/A balance
3.9%

Analysis

Eswatini matched the Export Boom Cycle pattern in 2012. Historically, 71% of countries showing this pattern (546 out of 768) saw budget deficit improve within 24 months. View full analysis →

Frequently Asked Questions

What is Eswatini's budget deficit?

Eswatini's budget deficit was -4.65% in 2025. Ranked 137th globally. This represents a 245.9% decrease from the previous year.

What was the highest budget deficit in Eswatini?

Eswatini's budget deficit peaked at 8.67% in 2006.

What was the lowest budget deficit in Eswatini?

The lowest budget deficit in Eswatini was -9.34% in 2010.

How does Eswatini rank in budget deficit?

Eswatini ranks 137th globally in budget deficit as of 2025.

What is the World Bank indicator code for budget deficit?

The World Bank indicator code is GGXCNL_NGDP. Data sourced from IMF WEO.

What is the projected budget deficit of Eswatini in 2025?

Eswatini's budget deficit is projected to reach -4.65% by 2025 based on IMF projection.

What is the budget deficit of Eswatini in 2025?

The budget deficit of Eswatini in 2025 was -4.65%. This ranks 137th in the world.

Cite this page

APA
Eswatini Budget Deficit. HistorySaid. Retrieved April 1, 2026, from https://historysaid.com/eswatini/budget-deficit
BibTeX
@misc{historysaid_eswatini_budget-deficit, title = {Eswatini Budget Deficit}, url = {https://historysaid.com/eswatini/budget-deficit}, publisher = {HistorySaid}, year = {2026} }