Swaziland GDP Annual Growth Rate

The Gross Domestic Product (GDP) in Swaziland is expected to grow by 2.78 percent in 2013 from the previous year. GDP Annual Growth Rate in Swaziland is reported by the Central Bank of Swaziland. GDP Annual Growth Rate in Swaziland averaged 4.99 Percent from 1971 until 2013, reaching an all time high of 21.02 Percent in 1990 and a record low of -2.12 Percent in 1976. Swaziland is one of the poorest countries in Africa. Over 70 percent of population rely on subsistence agriculture and as a result of food shortages and high prevalence of HIV rate the country has very low life expectancy rate. Landlocked between South Africa and Mozambique, Swaziland is ruled by one of the world’s last absolute monarchies. The economy is highly dependent on workers remittances and customs duties from the Southern African Customs Union. Swaziland’s sluggish growth is expected to endure as government fails to address major economic challenges such as bureaucracy, low literacy rate and youth unemployment. This page provides - Swaziland GDP Annual Growth Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news. 2014-04-24

Actual Previous Highest Lowest Forecast Dates Unit Frequency
2.78 1.93 21.02 -2.12 3.04 | 2014/06 1971 - 2013 Percent Yearly

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Swaziland GDP Annual Growth Rate
LIST BY COUNTRY

GDP Last Previous Highest Lowest Forecast Unit
GDP 3.75 2012-12-31 3.98 3.98 0.04 3.63 2014-06-30 USD Billion [+]
GDP Annual Growth Rate 2.78 2013-12-31 1.93 21.02 -2.12 3.04 2014-06-30 Percent [+]
GDP per capita 2341.38 2012-12-31 2413.95 2450.83 100.45 2231.92 2014-06-30 USD [+]
GDP per capita PPP 4521.58 2012-12-31 4661.73 4732.94 2298.33 4271.60 2014-06-30 USD [+]
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GDP Annual Growth Rate | Notes
The annual growth rate in Gross Domestic Product measures the increase in value of the goods and services produced by an economy over the period of a year. Therefore, unlike the commonly used quarterly GDP growth rate the annual GDP growth rate takes into account a full year of economic activity, thus avoiding the need to make any type of seasonal adjustment.


RELATED NEWS

Swaziland Government Debt To GDP at 9.68 Percent of GDP  
Swaziland recorded a Government Debt to GDP of 9.68 percent of the country's Gross Domestic Product in 2013. Government Debt To GDP in Swaziland is reported by the Central Bank of Swaziland.
Swaziland Imports at 4562.25 SZL Million  
Imports in Swaziland increased to 4562.25 SZL Million in the fourth quarter of 2013 from 4158.15 SZL Million in the third quarter of 2013. Imports in Swaziland is reported by the Central Bank of Swaziland.
Swaziland Exports at 5749.05 SZL Million  
Exports in Swaziland increased to 5749.05 SZL Million in the fourth quarter of 2013 from 5348.39 SZL Million in the third quarter of 2013. Exports in Swaziland is reported by the Central Bank of Swaziland.
Swaziland Balance of Trade at 1186.79 SZL Million  
Swaziland recorded a trade surplus of 1186.79 SZL Million in the fourth quarter of 2013. Balance of Trade in Swaziland is reported by the Central Bank of Swaziland.
Swaziland Inflation Rate at 4.40 Percent  
The inflation rate in Swaziland was recorded at 4.40 percent in December of 2013. Inflation Rate in Swaziland is reported by the Central Bank of Swaziland.
Swaziland Current Account to GDP at 4.00 Percent  
Swaziland recorded a Current Account surplus of 4 percent of the country's Gross Domestic Product in 2012. Current Account to GDP in Swaziland is reported by the Central Bank of Swaziland.
Swaziland GDP Annual Growth Rate at 2.78 Percent  
The Gross Domestic Product (GDP) in Swaziland is expected to grow by 2.78 percent in 2013 from the previous year. GDP Annual Growth Rate in Swaziland is reported by the Central Bank of Swaziland.
Swaziland Population at 1.09 Million  
The total population in Swaziland was last recorded at 1.1 million people in 2013 from 0.4 million in 1960, changing 211 percent during the last 50 years. Population in Swaziland is reported by the Central Bank of Swaziland.
Swaziland Current Account at 835.30 SZL Million  
Swaziland recorded a Current Account surplus of 835.30 SZL Million in the third quarter of 2013. Current Account in Swaziland is reported by the Central Bank of Swaziland.
Swaziland Government Budget at -1.10 Percent of GDP  
Swaziland recorded a Government Budget deficit equal to 1.10 percent of the country's Gross Domestic Product in 2013. Government Budget in Swaziland is reported by the Central Bank of Swaziland.
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