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Trading Basics

Eswatini

Capital
Mbabane
Region
Sub-Saharan Africa
Income group
Lower middle income
Population
1.3 million (2025)

At a glance

  • Eswatini's economy grew 4.2% in 2025, faster than most economies.
  • Output per person in Eswatini was US$4,108 in 2025, lower than in most countries.
  • 34.2% of Eswatini's labour force had no job in 2025, a higher share than in most countries.
  • Eswatini had 1.3 million people in 2025: about less than 0.1% of everyone on Earth, the 158th largest population of 217 countries and territories.
  • Eswatini had a current account surplus of 2.4% of GDP in 2025, higher than in most countries.

Real GDP, change over the year

4.2%
World median 3.4%

Since 2000

Show the numbers
Economic growth in Eswatini and the world median, last ten years
YearEswatiniWorld median
20254.2%3.4%
20243.0%3.4%
20233.5%3.2%
20220.4%4.3%
20214.2%5.1%
2020−3.0%−3.8%
20196.4%2.8%
20180.1%3.2%
20173.5%3.3%
20163.0%3.1%

GDP divided by population, in US dollars at current prices

US$4,108
World median US$7,882

Since 2000

Show the numbers
GDP per person in Eswatini and the world median, last ten years
YearEswatiniWorld median
2025US$4,108US$7,882
2024US$3,910US$7,853
2023US$3,756US$7,862
2022US$3,894US$7,656
2021US$3,984US$7,269
2020US$3,467US$6,433
2019US$3,913US$7,037
2018US$3,973US$6,978
2017US$3,853US$6,548
2016US$3,238US$5,982

Share of the labour force without a job (ILO modelled estimate)

34.2%
World median 5.1%

Since 2000

Show the numbers
Unemployment in Eswatini and the world median, last ten years
YearEswatiniWorld median
202534.2%5.1%
202434.6%5.1%
202334.6%5.2%
202236.5%5.3%
202134.2%6.0%
202033.0%6.4%
201928.2%5.4%
201826.5%5.4%
201724.5%5.6%
201622.7%5.9%

Everyone living in the country, mid-year

1.3 million

Since 2000

Show the numbers
Population in Eswatini and the world median, last ten years
YearEswatini
20251.3 million
20241.2 million
20231.2 million
20221.2 million
20211.2 million
20201.2 million
20191.2 million
20181.2 million
20171.2 million
20161.1 million

Current account balance, % of GDP

2.4%
World median −0.8%

Since 2000

Show the numbers
Current account balance in Eswatini and the world median, last ten years
YearEswatiniWorld median
20252.4%−0.8%
20242.1%−1.3%
20232.2%−1.2%
2022−3.0%−3.0%
20212.6%−2.4%
20206.6%−1.7%
20193.8%−2.1%
20181.3%−2.9%
20176.1%−2.1%
20168.0%−2.8%

No recent World Bank figure for Eswatini: inflation, government debt.

About these figures

All numbers are yearly. The world median is the middle value of all countries with a figure for the same year: half of them are above it and half below. Sparklines show Eswatini since 2000 or since its first figure.

Source: World Bank, World Development Indicators (CC BY 4.0), updated 2026-10-08. Original sources: Economic growth: national statistical offices and central banks, OECD national accounts, and World Bank staff estimates; GDP per person: national statistical offices and central banks, OECD national accounts, and World Bank staff estimates; Unemployment: International Labour Organization, ILO modelled estimates (ILOSTAT); Population: United Nations Population Division (World Population Prospects) and national statistical offices; Current account balance: International Monetary Fund, Balance of Payments Statistics, with World Bank and OECD data. Yearly figures; recent years are often revised. All sources and terms.