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Eswatini Tax Revenue

Tax revenue as % of GDP  GC.TAX.TOTL.GD.ZS

Eswatini's tax revenue was 24.35% in 2021, ranked 113th globally. This represents a 10.1% decrease from 2020. Data from World Bank, covering 1999–2021.

24.35% −2.74% (-10.1%)
Year 2021 Rank #113 Global Peak 31.71% (2006) Source World Bank

Eswatini Tax Revenue (1999–2021)

Overview

Eswatini's tax revenue stood at 24.35% in 2021, a decline of +2.74% from 2020. Eswatini ranked 113th globally.

Eswatini’s tax revenue as a share of GDP stood at 24.35 in 2021, placing the kingdom at rank 113 globally and marginally above the Netherlands (24.31) and just below Israel (24.56). The indicator has oscillated over the 22‑year series, climbing from an early‑series level of 25.06 in 1999 to an all‑time high of 31.71 in 2006 before falling sharply to a trough of 16.29 in 2010, a decline that coincided with the global financial crisis and domestic fiscal pressures. Since the trough, revenue has recovered steadily, yet it remains below the pre‑crisis peak, reflecting persistent challenges in broadening the tax base and improving compliance. The modest rise to 24.35 in 2021 suggests a gradual re‑expansion, but sustained progress will likely depend on structural reforms, enhanced administration, and economic diversification to prevent a reversal of the upward trajectory.

Data & projection

Year Tax Revenue YoY change Rank
2021 24.35% −2.74% #113
2020 27.09% +2.56% #132
2019 24.53% +0.20% #121
2018 24.33% −2.01% #122
2017 26.34% +2.43% #137
2016 23.91% −3.52% #128
2015 27.43% −2.34% #140
2014 29.77% +0.71% #138
2012 29.06% +12.41% #130
2011 16.64% +0.36% #68
2010 16.29% −9.38% #68
2009 25.67% −4.68% #113
2008 30.35% +2.44% #116
2007 27.91% −3.80% #103
2006 31.71% +9.11% #106
Show all years (1999-2021)

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 tax revenue improve within 24 months. View full analysis →

Frequently Asked Questions

What is Eswatini's tax revenue?▾

Eswatini's tax revenue was 24.35% in 2021. Ranked 113th globally. This represents a 10.1% decrease from the previous year.

What was the highest tax revenue in Eswatini?▾

Eswatini's tax revenue peaked at 31.71% in 2006.

What was the lowest tax revenue in Eswatini?▾

The lowest tax revenue in Eswatini was 16.29% in 2010.

How does Eswatini rank in tax revenue?▾

Eswatini ranks 113th globally in tax revenue as of 2021.

What is the World Bank indicator code for tax revenue?▾

The World Bank indicator code is GC.TAX.TOTL.GD.ZS. Data sourced from World Bank.

What is the tax revenue of Eswatini in 2021?▾

The tax revenue of Eswatini in 2021 was 24.35%. This ranks 113th in the world.

Cite this page

APA
Eswatini Tax Revenue. HistorySaid. Retrieved October 31, 2026, from https://historysaid.com/eswatini/tax-revenue/
BibTeX
@misc{historysaid_eswatini_tax-revenue, title = {Eswatini Tax Revenue}, url = {https://historysaid.com/eswatini/tax-revenue/}, publisher = {HistorySaid}, year = {2026} }
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