Home Eswatini Prices & Inflation Inflation Rate

Eswatini Inflation Rate

Consumer price inflation, annual %  FP.CPI.TOTL.ZG

3.45% −0.58pp (-14.4%)
Year 2025 Rank #88 Global Peak 20.81% (1977) Source World Bank

Eswatini Inflation Rate (1966–2025)

Overview

Eswatini's inflation rate stood at 3.45% in 2025, a decline of +0.58pp from 2024. The IMF projects 3.45% by 2025. Eswatini ranked 88th globally.

Data & projection

Year Inflation Rate YoY change Rank
2030* IMF 3.00% - -
2029* IMF 3.20% - -
2028* IMF 3.40% - -
2027* IMF 3.80% - -
2026* IMF 4.00% - -
2025* IMF 3.45% - -
2025 3.45% −0.58pp #88
2024 4.03% −0.92pp #122
2023 4.95% +0.15pp #80
2022 4.80% +1.08pp #39
2021 3.72% −0.15pp #105
2020 3.87% +1.27pp #143
2019 2.60% −2.22pp #109
2018 4.82% −1.41pp #157
2017 6.22% −1.63pp #162
2016 7.85% +2.90pp #172
2015 4.95% −0.73pp #153
2014 5.68% +0.06pp #153
2013 5.62% −3.32pp #148
2012 8.94% +2.83pp #169
2011 6.11% +1.60pp #133
Show all years (1966-2025)
* 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 inflation rate improve within 24 months. View full analysis →

Frequently Asked Questions

What is Eswatini's inflation rate?

Eswatini's inflation rate was 3.45% in 2025. Ranked 88th globally. This represents a 14.4% decrease from the previous year.

What was the highest inflation rate in Eswatini?

Eswatini's inflation rate peaked at 20.81% in 1977.

What was the lowest inflation rate in Eswatini?

The lowest inflation rate in Eswatini was 1.82% in 1967.

How does Eswatini rank in inflation rate?

Eswatini ranks 88th globally in inflation rate as of 2025.

What is the World Bank indicator code for inflation rate?

The World Bank indicator code is FP.CPI.TOTL.ZG. Data sourced from World Bank.

What is the projected inflation rate of Eswatini in 2025?

Eswatini's inflation rate is projected to reach 3.45% by 2025 based on IMF projection.

What is the inflation rate of Eswatini in 2025?

The inflation rate of Eswatini in 2025 was 3.45%. This ranks 88th in the world.

Cite this page

APA
Eswatini Inflation Rate. HistorySaid. Retrieved April 1, 2026, from https://historysaid.com/eswatini/inflation-rate
BibTeX
@misc{historysaid_eswatini_inflation-rate, title = {Eswatini Inflation Rate}, url = {https://historysaid.com/eswatini/inflation-rate}, publisher = {HistorySaid}, year = {2026} }