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Indicators of economy in Eswatini

The essential economic performance of a country is reflected by the gross domestic product. So the total of all goods and services sold. Worldwide gross domestic product in 2020 was at about 10.912 US Dollar per capita. In contrast, the GDP in Eswatini reached 3.424 US dollars per inhabitant, or 3.97 bn US Dollar in the whole country. Eswatini is currently at number 166 among the international economies and is therefore one of the less significant. If this is calculated per inhabitant taking into account the purchasing power parity, then Eswatini is in the list of the world's richest countries in place 119.

Inflation in Eswatini was in 2019 at around 2.60%. Within the EU, the average in the same year was 2.62%. In the United States, it was most recently 4.70%.

Compared with the USA, prices for daily consumer goods are around 57.3% lower.
The Corruption Perceptions Index for the public sector counts 67 and is compared to other countries moderate.


Back to overview: Eswatini

Impact of the Covid-19 pandemic in 2020

The consequences of the Covid pandemic in 2020 were considerable in Eswatini. Overall, gross domestic product in 2020 fell from 4.50 billion US Dollar auf 3.97 billion US Dollar. With a large drop of 11.63 percent, the economy in Eswatini has struggled significantly more than other countries. The tourism sector alone slumped by around 49 percent. The unemployment rate rose from 22.8 to 25.5 percent.

Unemployment rates in percent 1991 - 2021

Economic performance 2020

 Eswatini
Total
Eswatini
per capita
EU
Total
EU
per capita
GDP3.97 bn USD3,424.28 USD15,291.93 tn USD29,710.69 USD
Gross national product3.95 bn USD3,406.44 USD15,330.84 tn USD29,786.28 USD


Development of gross domestic product in million US Dollar 1960 - 2020



Im- and Exports 2020

 Eswatini
Total
Eswatini
per capita
EU
Total
EU
per capita
Imports1.70 bn USD1,461.37 USD7,340.01 bn USD14,260.90 USD
Exports1.81 bn USD1,558.25 USD7,939.04 bn USD15,424.75 USD


Development of imports and exports in million US dollars 1974 - 2020

Exports
Imports



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