Eswatini Government Revenue
General government revenue as % of GDP GGR_NGDP
Eswatini's government revenue was 28.46% in 2025, ranked 83rd globally. This represents a 9.7% decrease from 2024. Data from IMF WEO, covering 1980–2025.
Overview
Eswatini's government revenue stood at 28.46% in 2025, a decline of +3.05% from 2024. The IMF projects 28.46% by 2025. Eswatini ranked 83rd globally.
Eswatini’s government revenue as a share of GDP has risen modestly since the mid‑1980s, moving from an all‑time trough of 17.43 % in 1986 to a peak of 36.23 % in 2006, before settling at 28.46 % in 2025, which places the kingdom at 83rd in the global ranking. The 46‑year series shows a gradual upward trajectory after the 1980s low, reflecting expanded fiscal capacity and periodic tax reforms, yet the post‑peak decline indicates limited consolidation of the higher revenue base achieved in the early 2000s. Compared with peers of similar rank, Eswatini’s 2025 figure is close to Albania’s 28.59 % and Fiji’s 28.41 %, suggesting comparable fiscal structures among small, lower‑income economies. The forward path will depend on the government’s ability to broaden the tax base and improve collection efficiency; sustained reforms could lift revenue ratios above the current level, while fiscal setbacks would likely reverse the modest gains observed since the early 2000s.
Data & projection
| Year | Government Revenue | YoY change | Rank |
|---|---|---|---|
| 2030* IMF | 29.19% | - | - |
| 2029* IMF | 29.13% | - | - |
| 2028* IMF | 29.07% | - | - |
| 2027* IMF | 29.24% | - | - |
| 2026* IMF | 28.63% | - | - |
| 2025* IMF | 28.46% | - | - |
| 2025 | 28.46% | −3.05% | #83 |
| 2024 | 31.50% | +0.70% | #72 |
| 2023 | 30.80% | +7.12% | #77 |
| 2022 | 23.68% | −1.12% | #116 |
| 2021 | 24.80% | −3.32% | #106 |
| 2020 | 28.12% | +1.57% | #80 |
| 2019 | 26.55% | +1.58% | #98 |
| 2018 | 24.97% | −3.00% | #107 |
| 2017 | 27.98% | +2.36% | #80 |
| 2016 | 25.62% | −2.97% | #98 |
| 2015 | 28.58% | −2.93% | #77 |
| 2014 | 31.51% | +2.14% | #75 |
| 2013 | 29.37% | −1.08% | #84 |
| 2012 | 30.45% | +9.19% | #82 |
| 2011 | 21.26% | −0.46% | #136 |
Detected Pattern
Analysis
Eswatini matched the Export Boom Cycle pattern in 2012. Historically, 71% of countries showing this pattern (546 out of 768) saw government revenue improve within 24 months. View full analysis →
Frequently Asked Questions
Eswatini's government revenue was 28.46% in 2025. Ranked 83rd globally. This represents a 9.7% decrease from the previous year.
Eswatini's government revenue peaked at 36.23% in 2006.
The lowest government revenue in Eswatini was 17.43% in 1986.
Eswatini ranks 83rd globally in government revenue as of 2025.
The World Bank indicator code is GGR_NGDP. Data sourced from IMF WEO.
Eswatini's government revenue is projected to reach 28.46% by 2025 based on IMF projection.
The government revenue of Eswatini in 2025 was 28.46%. This ranks 83rd in the world.
Cite this page
@misc{historysaid_eswatini_government-revenue,
title = {Eswatini Government Revenue},
url = {https://historysaid.com/eswatini/government-revenue/},
publisher = {HistorySaid},
year = {2026}
}