Swaziland | Economic Forecasts | 2017-2020 Outlook

This page has economic forecasts for Swaziland including a long-term outlook for the next decades, plus medium-term expectations for the next four quarters and short-term market predictions for the next release affecting the Swaziland economy.


MARKETS Actual Q2/17 Q3/17 Q4/17 Q1/18 2020
Currency 13.10 13.72 13.85 14.26 14.12 16.3 [+]
GDP Actual Q2/17 Q3/17 Q4/17 Q1/18 2020
GDP Annual Growth Rate 0.60 1.46 1.32 1.82 1.1 3.5 percent [+]
GDP 4.12 4.18 4.05 3.92 3.91 3.86 USD Billion [+]
GDP per capita 4057.28 4093 4098 4103 4109 4176 USD [+]
GDP per capita PPP 8122.05 8167 8169 8171 8179 8277 USD [+]
LABOUR Actual Q2/17 Q3/17 Q4/17 Q1/18 2020
Unemployment Rate 6.70 7.54 8.16 8.77 9.17 10.56 percent [+]
Population 1.32 1.24 1.3 1.36 1.37 1.48 Million [+]
PRICES Actual Q2/17 Q3/17 Q4/17 Q1/18 2020
Inflation Rate 6.00 7.88 7.7 7.55 6.78 6.6 percent [+]
Food Inflation 10.30 10.11 8.71 8.46 8.22 8.05 percent [+]
Cpi Transportation 9.30 9.28 9.28 9.28 9.28 9.28 percent [+]
MONEY Actual Q2/17 Q3/17 Q4/17 Q1/18 2020
Interest Rate 7.25 7.25 7.25 7 7 6 percent [+]
Deposit Interest Rate 2.27 2.75 2.62 2.49 2.55 2.3 percent [+]
Foreign Exchange Reserves 8246298.00 7898018 7929775 7950727 7967189 8037885 SZL Thousand [+]
Money Supply M1 6014.00 6116 6232 6234 6220 6228 SZL Million [+]
Money Supply M2 16708.00 17727 18077 18345 18481 18647 SZL Million [+]
Central Bank Balance Sheet 10657811.00 10755544 10775962 10811193 10827688 10915825 SZL Thousand [+]
TRADE Actual Q2/17 Q3/17 Q4/17 Q1/18 2020
Balance of Trade 608.24 69.33 570 678 312 426 SZL Million [+]
Exports 6159.64 5356 6161 6324 5725 6056 SZL Million [+]
Imports 5551.40 5841 5983 5963 5793 6250 SZL Million [+]
Current Account 320.00 691 690 753 666 600 SZL Million [+]
Current Account to GDP 9.00 5.05 7.29 9.52 8.78 6.59 percent [+]
Terrorism Index 0.00 0.23 0.19 0.15 0.16 0.16 [+]
Foreign Direct Investment 228.30 -149 180 293 40.37 136 SZL Million [+]
External Debt 4758.56 4876 4836 4923 4881 4885 SZL Million [+]
GOVERNMENT Actual Q2/17 Q3/17 Q4/17 Q1/18 2020
Government Debt to GDP 8.68 9.39 9.26 9.14 9.31 11.32 percent [+]
Government Budget -11.90 -7.02 -6.67 -6.31 -5.07 0.65 percent of GDP [+]
Government Revenues 14176475.00 14064993 14415955 14766916 14624403 14355145 SZL Thousand [+]
Fiscal Expenditure 20678887.00 19318033 20966178 22614324 22451116 20196426 SZL Thousand [+]
Government Budget Value -6502412.00 -4508356 -6021161 -7533967 -7384266 -7080985 SZL Thousand [+]
Military Expenditure 82.10 82.47 83.31 84.16 84 84.03 USD Million [+]
BUSINESS Actual Q2/17 Q3/17 Q4/17 Q1/18 2020
Ease of Doing Business 111.00 108 107 106 109 121 [+]
Corruption Index 43.00 39 39 38 37 39 Points [+]
Corruption Rank 69.00 83 84 85 91 93 [+]
Competitiveness Index 3.40 3.41 3.41 3.4 3.4 3.4 Points [+]
Competitiveness Rank 128.00 128 128 128 128 128 [+]
CONSUMER Actual Q2/17 Q3/17 Q4/17 Q1/18 2020
Private Sector Credit 13.00 14.18 14.57 14.96 15.36 19.69 SZL Billion [+]
TAXES Actual Q2/17 Q3/17 Q4/17 Q1/18 2020
Personal Income Tax Rate 33.00 33 33 33 33 33 percent [+]
Corporate Tax Rate 27.50 27.5 27.5 27.5 27.5 27.5 percent [+]
Sales Tax Rate 14.00 14 14 14 14 14 percent [+]