Home Eswatini Government Government Debt to GDP

Eswatini Government Debt to GDP

General government gross debt as % of GDP  GGXWDG_NGDP

42.84% +3.63% (+9.3%)
Year 2025 Rank #117 Global Peak 42.84% (2025) Source IMF WEO

Eswatini Government Debt to GDP (1993–2025)

Overview

Eswatini's government debt to gdp stood at 42.84% in 2025, a rise of +3.63% from 2024. The IMF projects 42.84% by 2025. Eswatini ranked 117th globally.

Data & projection

Year Government Debt to GDP YoY change Rank
2030* IMF 41.36% - -
2029* IMF 42.42% - -
2028* IMF 42.53% - -
2027* IMF 43.47% - -
2026* IMF 43.46% - -
2025* IMF 42.84% - -
2025 42.84% +3.63% #117
2024 39.21% −0.17% #53
2023 39.37% −0.16% #50
2022 39.53% +2.05% #54
2021 37.48% −0.34% #36
2020 37.83% +7.30% #36
2019 30.52% +4.07% #35
2018 26.46% +4.76% #32
2017 21.70% +1.60% #20
2016 20.10% +4.12% #20
2015 15.98% +1.93% #18
2014 14.06% −1.10% #20
2013 15.15% +0.34% #23
2012 14.81% +0.22% #23
2011 14.59% +0.35% #21
Show all years (1993-2025)
* 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 government debt to gdp improve within 24 months. View full analysis →

Frequently Asked Questions

What is Eswatini's government debt to gdp?

Eswatini's government debt to gdp was 42.84% in 2025. Ranked 117th globally. This represents a 9.3% increase from the previous year.

What was the highest government debt to gdp in Eswatini?

Eswatini's government debt to gdp peaked at 42.84% in 2025.

What was the lowest government debt to gdp in Eswatini?

The lowest government debt to gdp in Eswatini was 10.61% in 2009.

How does Eswatini rank in government debt to gdp?

Eswatini ranks 117th globally in government debt to gdp as of 2025.

What is the World Bank indicator code for government debt to gdp?

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

What is the projected government debt to gdp of Eswatini in 2025?

Eswatini's government debt to gdp is projected to reach 42.84% by 2025 based on IMF projection.

What is the government debt to gdp of Eswatini in 2025?

The government debt to gdp of Eswatini in 2025 was 42.84%. This ranks 117th in the world.

Cite this page

APA
Eswatini Government Debt to GDP. HistorySaid. Retrieved April 1, 2026, from https://historysaid.com/eswatini/government-debt-to-gdp
BibTeX
@misc{historysaid_eswatini_government-debt-to-gdp, title = {Eswatini Government Debt to GDP}, url = {https://historysaid.com/eswatini/government-debt-to-gdp}, publisher = {HistorySaid}, year = {2026} }