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Eswatini GDP Growth

Annual percentage growth rate of GDP  NY.GDP.MKTP.KD.ZG

Eswatini's gdp growth was 4.34% in 2025, ranked 49th globally. This represents a 45.9% increase from 2024. Data from World Bank, covering 1971–2025.

4.34% +1.37pp (+45.9%)
Year 2025 Rank #49 Global Peak 21.02% (1990) Source World Bank

Eswatini GDP Growth (1971–2025)

Overview

Eswatini's gdp growth stood at 4.34% in 2025, a rise of +1.37pp from 2024. The IMF projects 4.34% by 2025. Eswatini ranked 49th globally.

Eswatini’s real GDP growth has averaged 4.34 % in 2025, placing it 49th in the world, and has fluctuated markedly over the 55‑year record. After a post‑independence surge that peaked at 21.02 % in 1990, the economy experienced a sharp contraction of –2.95 % in 2020, reflecting the combined impact of the COVID‑19 pandemic and weakened commodity demand. Since that trough, growth has rebounded, moving from a low of –2.95 % to the current 4.34 % and approaching the levels of peers such as Sierra Leone (4.39 %) and Morocco (4.39 %). The early 1970s saw a comparatively modest 13.74 % growth rate, underscoring the exceptional nature of the 1990 expansion. Continued fiscal consolidation, diversification away from sugar and textile exports, and investment in renewable energy could sustain the upward trajectory, while external shocks or policy missteps would risk a return to negative growth.

Data & projection

Year GDP Growth YoY change Rank
2030* IMF 2.79% - -
2029* IMF 2.85% - -
2028* IMF 3.12% - -
2027* IMF 3.59% - -
2026* IMF 4.60% - -
2025* IMF 4.34% - -
2025 4.34% +1.37pp #49
2024 2.97% −0.47pp #111
2023 3.53% +2.41pp #91
2022 0.39% −3.05pp #185
2021 4.24% +7.10pp #133
2020 -2.95% −9.03pp #82
2019 6.43% +6.17pp #23
2018 0.07% −1.39pp #187
2017 3.52% −1.15pp #96
2016 2.95% +0.90pp #114
2015 1.70% +0.27pp #142
2014 2.06% −1.80pp #142
2013 4.09% −1.30pp #84
2012 4.09% +1.84pp #86
2011 1.84% −1.95pp #150
Show all years (1971-2025)
* 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 gdp growth improve within 24 months. View full analysis →

Frequently Asked Questions

What is Eswatini's gdp growth?▾

Eswatini's gdp growth was 4.34% in 2025. Ranked 49th globally. This represents a 45.9% increase from the previous year.

What was the highest gdp growth in Eswatini?▾

Eswatini's gdp growth peaked at 21.02% in 1990.

What was the lowest gdp growth in Eswatini?▾

The lowest gdp growth in Eswatini was -2.95% in 2020.

How does Eswatini rank in gdp growth?▾

Eswatini ranks 49th globally in gdp growth as of 2025.

What is the World Bank indicator code for gdp growth?▾

The World Bank indicator code is NY.GDP.MKTP.KD.ZG. Data sourced from World Bank.

What is the projected gdp growth of Eswatini in 2025?▾

Eswatini's gdp growth is projected to reach 4.34% by 2025 based on IMF projection.

What is the gdp growth of Eswatini in 2025?▾

The gdp growth of Eswatini in 2025 was 4.34%. This ranks 49th in the world.

Cite this page

APA
Eswatini GDP Growth. HistorySaid. Retrieved November 3, 2026, from https://historysaid.com/eswatini/gdp-growth/
BibTeX
@misc{historysaid_eswatini_gdp-growth, title = {Eswatini GDP Growth}, url = {https://historysaid.com/eswatini/gdp-growth/}, publisher = {HistorySaid}, year = {2026} }
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