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Eswatini Unemployment Rate

Unemployment as % of total labor force  SL.UEM.TOTL.ZS

Eswatini's unemployment rate was 34.20% in 2025, ranked 181st globally. This represents a 1.3% decrease from 2024. Data from World Bank, covering 1991–2025.

34.20% −0.44pp (-1.3%)
Year 2025 Rank #181 Global Peak 36.47% (2022) Source World Bank

Eswatini Unemployment Rate (1991–2025)

Overview

Eswatini's unemployment rate stood at 34.20% in 2025, a decline of +0.44pp from 2024. Eswatini ranked 181st globally.

Eswatini’s unemployment rate has risen sharply over the past three and a half decades, climbing from a trough of 20.52 % in 1991 to an all‑time peak of 36.47 % in 2022 before easing slightly to 34.20 % in 2025, placing the kingdom at 181st in the world ranking. The upward trajectory reflects structural constraints in a small, land‑locked economy heavily dependent on sugar and manufacturing, combined with limited formal sector job creation and persistent rural‑urban migration. By contrast, neighboring South Africa recorded a lower rate of 32.39 % in the same year, while Botswana’s unemployment stood at 24.48 %, underscoring regional disparities in labour market performance. The modest decline from the 2022 peak suggests that recent policy measures aimed at expanding vocational training and attracting foreign direct investment may be beginning to bear fruit. Sustained improvements will likely depend on diversifying the economic base, enhancing productivity, and strengthening social safety nets to curb the persistent high unemployment levels.

Data & projection

Year Unemployment Rate YoY change Rank
2025 34.20% −0.44pp #181
2024 34.64% +0.03pp #187
2023 34.61% −1.86pp #189
2022 36.47% +2.32pp #191
2021 34.15% +1.18pp #191
2020 32.98% +4.76pp #191
2019 28.22% +1.75pp #190
2018 26.47% +1.93pp #190
2017 24.54% +1.83pp #188
2016 22.72% −0.71pp #184
2015 23.43% −0.50pp #186
2014 23.93% −0.63pp #185
2013 24.56% −0.67pp #185
2012 25.23% −0.88pp #188
2011 26.11% −0.75pp #188
Show all years (1991-2025)

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 unemployment rate improve within 24 months. View full analysis →

Frequently Asked Questions

What is Eswatini's unemployment rate?▾

Eswatini's unemployment rate was 34.20% in 2025. Ranked 181st globally. This represents a 1.3% decrease from the previous year.

What was the highest unemployment rate in Eswatini?▾

Eswatini's unemployment rate peaked at 36.47% in 2022.

What was the lowest unemployment rate in Eswatini?▾

The lowest unemployment rate in Eswatini was 20.52% in 1991.

How does Eswatini rank in unemployment rate?▾

Eswatini ranks 181st globally in unemployment rate as of 2025.

What is the World Bank indicator code for unemployment rate?▾

The World Bank indicator code is SL.UEM.TOTL.ZS. Data sourced from World Bank.

What is the unemployment rate of Eswatini in 2025?▾

The unemployment rate of Eswatini in 2025 was 34.20%. This ranks 181st in the world.

Cite this page

APA
Eswatini Unemployment Rate. HistorySaid. Retrieved October 21, 2026, from https://historysaid.com/eswatini/unemployment-rate/
BibTeX
@misc{historysaid_eswatini_unemployment-rate, title = {Eswatini Unemployment Rate}, url = {https://historysaid.com/eswatini/unemployment-rate/}, publisher = {HistorySaid}, year = {2026} }
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