Eswatini Real Interest Rate
Real interest rate FR.INR.RINR
Eswatini's real interest rate was 7.92% in 2025, ranked 19th globally. This represents a 15.6% decrease from 2024. Data from World Bank, covering 1975–2025.
Overview
Eswatini's real interest rate stood at 7.92% in 2025, a decline of +1.47pp from 2024. Based on recent trends, this figure is projected to reach 7.92% by 2025. Eswatini ranked 19th globally.
Eswatini’s real interest rate in 2025 stood at 7.92 percent, placing the kingdom 19th in the world and just below Costa Rica’s 7.99 percent and Brunei Darussalam’s 7.90 percent. Over the 51‑year series from 1975, the rate has moved from an early low of 6.27 percent to an all‑time peak of 13.81 percent in 1985, a year marked by global oil price shocks and tight monetary conditions, before plunging to a historic trough of –12.18 percent in 1990 as inflationary pressures eased and policy rates were cut sharply. The post‑1990 period shows a gradual re‑tightening, with the current level still well above the early‑period baseline but far below the 1985 high. Recent fiscal consolidation and modest inflation have helped keep the real rate in a relatively narrow band, suggesting that unless external shocks or major policy shifts occur, the rate is likely to remain anchored near the mid‑single‑digit range in the near term.
Data & projection
| Year | Real Interest Rate | YoY change | Rank |
|---|---|---|---|
| 2027* trend | 10.10% | - | - |
| 2026* trend | 9.01% | - | - |
| 2025* trend | 7.92% | - | - |
| 2025 | 7.92% | −1.47pp | #19 |
| 2024 | 9.39% | +4.89pp | #64 |
| 2023 | 4.51% | +4.85pp | #52 |
| 2022 | -0.34% | −7.47pp | #44 |
| 2021 | 7.13% | +4.47pp | #90 |
| 2020 | 2.66% | −5.35pp | #25 |
| 2019 | 8.00% | +1.21pp | #76 |
| 2018 | 6.80% | +1.26pp | #77 |
| 2017 | 5.53% | +2.27pp | #73 |
| 2016 | 3.26% | −0.26pp | #35 |
| 2015 | 3.53% | +0.80pp | #36 |
| 2014 | 2.73% | +0.57pp | #26 |
| 2013 | 2.16% | +2.57pp | #20 |
| 2012 | -0.41% | −3.75pp | #13 |
| 2011 | 3.34% | −3.27pp | #65 |
Detected Pattern
Analysis
Eswatini matched the Export Boom Cycle pattern in 2012. Historically, 71% of countries showing this pattern (546 out of 768) saw real interest rate improve within 24 months. View full analysis →
Frequently Asked Questions
Eswatini's real interest rate was 7.92% in 2025. Ranked 19th globally. This represents a 15.6% decrease from the previous year.
Eswatini's real interest rate peaked at 13.81% in 1985.
The lowest real interest rate in Eswatini was -12.18% in 1990.
Eswatini ranks 19th globally in real interest rate as of 2025.
The World Bank indicator code is FR.INR.RINR. Data sourced from World Bank.
Eswatini's real interest rate is projected to reach 7.92% by 2025 based on trend extrapolation.
The real interest rate of Eswatini in 2025 was 7.92%. This ranks 19th in the world.
Cite this page
@misc{historysaid_eswatini_real-interest-rate,
title = {Eswatini Real Interest Rate},
url = {https://historysaid.com/eswatini/real-interest-rate/},
publisher = {HistorySaid},
year = {2026}
}