Swaziland - Economic Forecasts - 2018-2020 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 Q3/18 Q4/18 Q1/19 Q2/19 2020
Currency 14.85
 14.53 14.71 14.89 15.07 15.83
GDP Actual Q3/18 Q4/18 Q1/19 Q2/19 2020
GDP Annual Growth Rate 2.30
percent		 2.67 2.9 2.97 3.05 3.5
GDP 4.41
USD Billion		 5.1 5.1 5.6 5.6 6
GDP per capita 3914.02
USD		 3503 3938 3486 3486 3955
GDP per capita PPP 7738.97
USD		 7752 7786 6894 6894 7820
LABOUR Actual Q3/18 Q4/18 Q1/19 Q2/19 2020
Unemployment Rate 26.40
percent		 26 26 25.7 25.7 25.5
Population 1.36
Million		 1.37 1.38 1.39 1.4 1.46
PRICES Actual Q3/18 Q4/18 Q1/19 Q2/19 2020
Inflation Rate 4.90
percent		 5.3 6 6 5.6 6
Food Inflation -0.70
percent		 4.53 4.69 0.78 1.8 2
CPI Transportation 3.80
percent		 3.58 5.94 4.13 4.01 6.62
Consumer Price Index Cpi 138.20
Index Points		 139 141 143 144 160
MONEY Actual Q3/18 Q4/18 Q1/19 Q2/19 2020
Interest Rate 6.75
percent		 6.75 6.5 6.5 6.5 6
Deposit Interest Rate 3.20
percent		 3.2 2.95 2.95 2.95 2.45
Money Supply M1 6413.70
SZL Million		 5700 5759 5730 5731 5732
Money Supply M2 17637.10
SZL Million		 16743 16752 16752 16752 16752
Foreign Exchange Reserves 6473298.00
SZL Thousand		 5922658 5879394 5885833 5904285 6029604
Central Bank Balance Sheet 10422925.00
SZL Thousand		 9938108 10082476 10178992 10264722 10735457
TRADE Actual Q3/18 Q4/18 Q1/19 Q2/19 2020
Balance of Trade 781.80
SZL Million		 1233 1407 732 356 1193
Exports 6200.60
SZL Million		 6338 6847 5848 5477 6435
Imports 5418.80
SZL Million		 5104 5384 5116 5121 5243
Current Account 2287.30
SZL Million		 1390 1389 1486 1465 1426
Current Account to GDP -1.30
percent		 6 6 7 7 5
Foreign Direct Investment 742.60
SZL Million		 15.58 15.6 15.6 15.6 15.6
External Debt 5342.50
SZL Million		 4899 4899 4946 4912 4908
Terrorism Index 0.00
 0.1 0.1 0.09 0.08 0.05
GOVERNMENT Actual Q3/18 Q4/18 Q1/19 Q2/19 2020
Government Debt to GDP 9.95
percent		 10 10 11 11 13
Government Budget -8.20
percent of GDP		 -3.8 -2.59 -2.08 -1.58 -3.74
Government Revenues 17265490.00
SZL Thousand		 16988023 16988023 16920806 16898400 16317281
Fiscal Expenditure 21596138.00
SZL Thousand		 21972086 21972086 21686518 21591329 23206846
Military Expenditure 72.70
USD Million		 73.56 75.23 75.63 76.02 79.66
Government Budget Value -4330648.00
SZL Thousand		 -4984063 -4838496 -4765712 -4692929 -6889565
BUSINESS Actual Q3/18 Q4/18 Q1/19 Q2/19 2020
Internet Speed 1419.89
KBps		 1474 1462 1473 1463 1466
IP Addresses 7320.00
IP		 7456 7456 7456 7456 7456
Ease of Doing Business 112.00
 113 113 113 113 114
Corruption Index 39.00
Points		 39 39 39 39 39
Corruption Rank 85.00
 85 86 86 86 87
Competitiveness Index 3.35
Points		 3.33 3.33 3.28 3.27 3.56
Competitiveness Rank 122.00
 123 123 128 130 129
CONSUMER Actual Q3/18 Q4/18 Q1/19 Q2/19 2020
Private Sector Credit 14.65
SZL Billion		 14.59 14.91 15.23 15.56 18.76
HOUSING Actual Q3/18 Q4/18 Q1/19 Q2/19 2020
Building Permits 182500.00
SZL Thousand		 180550 199235 212970 205910 212451
TAXES Actual Q3/18 Q4/18 Q1/19 Q2/19 2020
Personal Income Tax Rate 33.00
percent		 33 33 33 33 33
Corporate Tax Rate 27.50
percent		 27.5 27.5 28 28 28
Sales Tax Rate 14.00
percent		 14 14 14 14 14
CLIMATE Actual Q3/18 Q4/18 Q1/19 Q2/19 2020
Precipitation 24.72
mm		 23.93 105 120 66.98 70.61
Temperature 24.14
celsius		 16 20.92 22.28 19.3 19.33