Nomad Watch
SZ

Eswatini

SZ · SWZ · #153 · 5 cities

Nomad score 46/100 Compare

Key indicators

GDP per capita (PPP) (2031)
$16,106
GDP (2031)
$7.1B
GDP growth (2031)
2.7% ↓
Inflation (2031)
3.0% →
Unemployment (2025)
34.2% ↓
Population (2031)
1.2M
Population growth (2031)
1.1% ↓
Gini index (2016)
54.6
Government debt (2031)
55.6% of GDP
Current account (2031)
0.9% of GDP
FDI inflows (2024)
$75.5M
Life expectancy (2024)
64.3 yrs
Health spending (2023)
7.5% of GDP
Internet users (2024)
63.4%
Mobile subscriptions (2024)
139.8/100
Trade openness (2024)
107.5% of GDP
Exchange rate (2025)
17.89/USD
Foreign reserves (2024)
$536.6M
Source: World Bank + IMF World Economic Outlook. Most recent data: 2031.

GDP overview

Nominal GDP and real growth. Dashed = IMF forecast.

GDP per capita (PPP)

Purchasing power parity adjusted, in international dollars

Inflation (CPI)

Unemployment

ILO modeled estimate

Population

Fiscal and trade

Government debt (2031)
55.6% of GDP
Current account (2031)
0.9% of GDP
FDI inflows (2024)
$75.5M

Income inequality (Gini)

Gini index (2016)
0.55
Assessment
Very high inequality
Source: World Bank PIP via OWID. 0 = perfect equality, 1 = maximum inequality.

Business environment

New business density (2024)
4.39/1k
Tax revenue (2021)
24.4% of GDP
Services sector (2025)
52.4% of GDP

Financial access and costs

ATMs per 100k (2024)
41.8
Bank branches per 100k (2024)
6.0
ICT service exports (2024)
2.6%
Goods and services tax (2021)
7.6%

Historical data

Historical economic data
Year GDP GDP/cap PPP Growth Inflation Unemp. Population Gini Debt Curr. acct FDI Life exp. Health Internet FX rate
2031 * $7.1B $16,106 2.7% 3.0% - 1.2M - 55.6% 0.9% - - - - -
2030 * $6.8B $14,154 2.8% 3.0% - 1.2M - 55.9% 0.6% - - - - -
2029 * $6.5B $13,874 2.9% 3.2% - 1.2M - 55.7% 0.4% - - - - -
2028 * $6.2B $13,564 2.9% 3.4% - 1.2M - 54.0% -0.1% - - - - -
2027 * $6.0B $13,241 3.5% 3.8% - 1.2M - 52.7% -0.5% - - - - -
2026 * $5.8B $12,839 4.0% 3.5% - 1.2M - 50.0% -1.8% - - - - -
2025 $5.2B $12,529 3.6% 3.1% 34.2% 1.2M - 44.9% -0.6% - - - - 17.89
2024 $4.9B $11,823 3.0% 4.0% 34.6% 1.2M - 40.1% 1.6% $75.5M 64.3 - 63.4% 18.32
2023 $4.6B $11,309 3.5% 4.9% 34.6% 1.1M - 39.4% 2.2% $28.1M 64.1 7.5% 61.3% 18.45
2022 $4.7B $10,634 0.4% 4.8% 36.5% 1.1M - 39.5% -2.7% $13.4M 63.0 7.2% 57.3% 16.36
2021 $4.8B $9,990 4.2% 3.7% 34.2% 1.1M - 37.3% 2.6% $112.9M 58.2 7.4% 54.0% 14.78
2020 $4.1B $9,329 -3.0% 3.9% 33.0% 1.1M - 37.7% 6.8% $38.8M 59.9 7.1% 49.0% 16.47
2019 $4.6B $9,248 6.4% 2.6% 28.2% 1.1M - 30.5% 3.8% $128.0M 59.9 8.4% 43.9% 14.45
2018 $4.6B $8,535 0.1% 4.8% 26.5% 1.1M - 26.5% 1.4% $31.1M 58.7 7.3% 39.4% 13.23
2017 $4.5B $8,584 3.5% 6.2% 24.5% 1.1M - 21.7% 6.2% -$57.6M 57.6 7.0% 35.3% 13.32
2016 $3.7B $8,484 2.9% 7.8% 22.7% 1.1M 54.6 20.1% 8.1% $26.9M 56.2 6.8% 28.6% 14.71
2015 $3.9B $8,391 1.7% 5.0% 23.4% 1.1M - 16.0% 13.5% $31.5M 54.9 7.1% 25.6% 12.76
2014 $4.3B $8,366 2.1% 5.7% 23.9% 1.0M - 14.1% 11.9% $25.8M 53.5 7.3% 25.0% 10.85
2013 $4.5B $8,231 3.9% 5.6% 24.6% 1.0M - 15.2% 11.2% $81.8M 52.1 7.5% 24.7% 9.66
2012 $4.7B $7,760 5.4% 8.9% 25.2% 1.0M - 14.8% 5.2% $26.5M 50.7 7.8% 20.8% 8.21
2011 $4.7B $7,571 2.2% 6.1% 26.1% 1.0M - 14.6% -6.0% $98.7M 49.1 8.5% 18.1% 7.26
2010 $4.3B $7,324 3.8% 4.5% 26.9% 1.0M - 14.2% -9.0% $135.7M 48.3 8.6% 11.0% 7.32
2009 $3.5B $7,011 1.6% 7.4% 27.5% 1.0M 51.4 10.6% -11.9% $65.7M 46.9 8.6% 8.9% 8.47
2008 $3.2B $6,914 0.8% 12.7% 27.9% 1.0M - 14.6% -7.2% $105.7M 45.9 8.9% 6.9% 8.26
2007 $3.4B $6,732 4.4% 8.1% 28.2% 1.0M - 16.1% -1.9% $37.5M 45.2 7.9% 4.1% 7.05
2006 $3.2B $6,319 6.0% 5.2% 27.7% 1.0M - 14.7% -6.2% $121.0M 44.6 7.8% 3.7% 6.77
2005 $3.1B $5,773 6.0% 4.9% 27.2% 997.0K - 13.6% -3.3% -$45.9M 44.0 7.4% 3.7% 6.36
Source: World Bank + IMF World Economic Outlook. * = IMF forecast.

Continue exploring Eswatini