Eswatini GDP Growth Rate (2026)
Eswatini has a small Southern African economy supported by manufacturing, agriculture, services, trade, and public spending. This page explores its GDP growth trend, historical performance, regional position, and outlook.
GDP Growth Rate 2026
+4.0%
Annual real GDP growth
World Rank
#53
Out of 195 countries
Change vs 2025
+0.4 pp
2025: +3.6%
Africa Rank
#32
Out of 54 countries
1. Eswatini GDP Growth Rate in 2026
Eswatini’s economic growth is influenced by manufacturing, sugar production, household demand, government spending, and trade with South Africa. Regional conditions remain especially important.
2. Eswatini GDP Growth Rate Trends (1980–2026)
The country’s growth history has been shaped by agriculture, manufacturing, regional trade integration, and public-sector activity.
3. Eswatini GDP Growth Rate (Historical Data)
| Year | GDP Growth Rate | Change (pp) |
|---|---|---|
| 2026 | +4.0% | +0.4 pp |
| 2025 | +3.6% | +0.6 pp |
| 2024 | +3.0% | -0.5 pp |
| 2023 | +3.5% | +3.1 pp |
| 2022 | +0.4% | -3.8 pp |
| 2021 | +4.2% | +7.2 pp |
| 2020 | -3.0% | -9.4 pp |
| 2019 | +6.4% | +6.3 pp |
| 2018 | +0.1% | -3.4 pp |
| 2017 | +3.5% | +0.6 pp |
| 2016 | +2.9% | +1.2 pp |
| 2015 | +1.7% | -0.4 pp |
| 2014 | +2.1% | -1.8 pp |
| 2013 | +3.9% | -1.5 pp |
| 2012 | +5.4% | +3.2 pp |
| 2011 | +2.2% | -1.6 pp |
| 2010 | +3.8% | +2.2 pp |
| 2009 | +1.6% | +0.8 pp |
| 2008 | +0.8% | -3.6 pp |
| 2007 | +4.4% | -1.6 pp |
| 2006 | +6.0% | 0.0 pp |
| 2005 | +6.0% | +2.4 pp |
| 2004 | +3.6% | -0.3 pp |
| 2003 | +3.9% | -0.5 pp |
| 2002 | +4.4% | +3.3 pp |
| 2001 | +1.1% | -0.7 pp |
| 2000 | +1.8% | -1.2 pp |
| 1999 | +3.0% | +0.4 pp |
| 1998 | +2.6% | -0.5 pp |
| 1997 | +3.1% | -0.7 pp |
| 1996 | +3.8% | -1.0 pp |
| 1995 | +4.8% | +2.4 pp |
| 1994 | +2.4% | -0.7 pp |
| 1993 | +3.1% | -0.1 pp |
| 1992 | +3.2% | +1.4 pp |
| 1991 | +1.8% | -8.1 pp |
| 1990 | +9.9% | +0.5 pp |
| 1989 | +9.4% | +1.8 pp |
| 1988 | +7.6% | -2.4 pp |
| 1987 | +10.0% | -8.6 pp |
| 1986 | +18.6% | +16.7 pp |
| 1985 | +1.9% | -0.6 pp |
| 1984 | +2.5% | +3.0 pp |
| 1983 | -0.5% | -1.9 pp |
| 1982 | +1.4% | -5.5 pp |
| 1981 | +6.9% | +10.7 pp |
| 1980 | -3.8% | — |
4. Eswatini GDP Growth Performance
Current Growth Rate
+4.0%
(2026 to 2026)
5-Year Average
+2.9%
(2022 to 2026)
10-Year Average
+2.6%
(2017 to 2026)
20-Year Average
+2.7%
(2007 to 2026)
The economy benefits from established manufacturing and agricultural industries, but its small market and dependence on South Africa create external vulnerability.
5. Eswatini GDP Growth Rate vs Africa and World
Eswatini
+4.0%
Africa Average
+4.1%
World Average
+2.8%
0.0%
2.1%
4.1%
Annual real GDP growth (%)
Eswatini’s GDP growth rate is approximately
0.1 pp
below the
Africa average
and
1.2 pp
above the world average.
6. Eswatini GDP Growth Rate Ranking in Africa
| Rank | Country | GDP Growth Rate |
|---|---|---|
| #28 | Egypt | +4.2% |
| #29 | South Sudan | +4.1% |
| #30 | Comoros | +4.1% |
| #31 | Nigeria | +4.1% |
| #32 | Eswatini | +4.0% |
| #33 | Burundi | +3.8% |
| #34 | Algeria | +3.8% |
| #35 | Madagascar | +3.6% |
| #36 | Mauritius | +3.4% |
7. Top 10 Fastest-Growing Countries in the World (2026)
8. GDP Growth Rate and Economy Size in Eswatini
Eswatini GDP (Nominal)
$5.8 Billion
(2026)
Eswatini GDP Growth Rate
+4.0%
(2026)
Eswatini generally records moderate growth and is closely linked to South African economic conditions through trade, finance, and regional revenue flows.
Explore more:
Eswatini GDP
9. Eswatini GDP Growth Rate Forecast
The outlook depends on manufacturing, agriculture, investment, public finances, and regional demand. Fiscal pressures and weak external growth remain important risks.
| Year | GDP Growth Rate | Change |
|---|---|---|
| 2027 | +3.5% | -0.5 pp |
| 2028 | +2.9% | -0.6 pp |
| 2029 | +2.9% | 0.0 pp |
| 2030 | +2.8% | -0.1 pp |
10. Eswatini GDP Growth Rate: Key Findings
Eswatini GDP growth rate is estimated at +4.0% in 2026.
It ranks #53 globally and #32 in Africa by annual GDP growth rate.
The growth rate accelerated by 0.4 percentage points compared with 2025.
The 5-year average GDP growth rate is +2.9%.
The 10-year average GDP growth rate is +2.6%.
The current rate is 0.1 percentage points below the Africa average.
The current rate is 1.2 percentage points above the world average.
The forecast GDP growth rate is +2.8% in 2030, 1.2 percentage points below the 2026 rate.
11. What Is GDP Growth Rate?
GDP growth rate measures the percentage change in a country’s real gross domestic product from one period to the next, usually year over year.
GDP Growth Rate
=
(Real GDPₜ − Real GDPₜ₋₁)
÷
Real GDPₜ₋₁ × 100
A positive rate indicates economic expansion, while a negative rate indicates contraction. Real GDP growth is preferred for growth comparisons because it adjusts for price changes.
12. Methodology and Data Sources
Primary Source:
International Monetary Fund (IMF)
Additional Source:
World Bank
Measure:
Annual percentage change in real GDP
Unit:
Percent (%)
Comparisons:
Year-to-year rate differences are shown in percentage points (pp)
Update Frequency:
Annually and when new forecasts are released
Last Updated:
November 2026
13. Eswatini GDP Growth Rate FAQs
Eswatini GDP growth rate is estimated at +4.0% in 2026.
Eswatini ranks #53 globally and #32 in Africa by annual GDP growth rate.
The economy is expanding, with real GDP growth of approximately +4.0% in 2026.
Eswatini GDP growth rate was +1.7% in 2015.
Eswatini GDP growth rate is 0.1 percentage points below the Africa average.
15. Explore GDP Growth Rate
Disclaimer:
All data are estimates based on IMF, World Bank,
United Nations and related economic datasets.
Figures may differ from official national statistics.