Markets Actual Q2 Q3 Q4 Q1 2021
Currency 16.90 17.2 17.38 17.57 17.76 18.13

Overview Actual Q2 Q3 Q4 Q1 2021
GDP Annual Growth Rate (%) 1.40 -6.1 -6.1 -6.1 0.6 0.6
Unemployment Rate (%) 22.90 23.8 23.8 23.8 24 24
Inflation Rate (%) 2.80 2.5 2.7 3 2.3 3
Interest Rate (%) 4.50 4.5 4 4 4 4.5
Balance of Trade (SZL Million) 432.70 -1508 -905 -1004 -500 -613
Current Account to GDP (%) 0.40 3 3 3 4.1 4.1
Government Debt to GDP (%) 10.75 18 18 18 20 20
Government Budget (% of GDP) -5.50 -8.6 -8.6 -8.6 -6 -6
Personal Income Tax Rate (%) 33.00 33 33 33 33 33
Corporate Tax Rate (%) 27.50 27.5 27.5 27.5 27.5 27.5

GDP Actual Q2 Q3 Q4 Q1 2021
GDP Annual Growth Rate (%) 1.40 -6.1 -6.1 -6.1 0.6 0.6
GDP (USD Billion) 4.80 4.8 4.8 4.8 4 5
GDP per capita (USD) 4820.00 4890 4890 4890 4910 4910
GDP per capita PPP (USD) 9530.40 9690 9690 9690 9597 9780

Labour Actual Q2 Q3 Q4 Q1 2021
Unemployment Rate (%) 22.90 23.8 23.8 23.8 24 24
Population (Million) 1.15 1.15 1.15 1.16 1.16 1.17

Prices Actual Q2 Q3 Q4 Q1 2021
Inflation Rate (%) 2.80 2.5 2.7 3 2.3 3
Food Inflation (%) 2.70 3.7 4 4.1 2.5 3.4
CPI Transportation (%) 1.80 1.33 0.21 1.85 1.84 1.91

Money Actual Q2 Q3 Q4 Q1 2021
Interest Rate (%) 4.50 4.5 4 4 4 4.5
Deposit Interest Rate (%) 3.70 3.8 3.3 3.3 3.3 3.8

Trade Actual Q2 Q3 Q4 Q1 2021
Balance of Trade (SZL Million) 432.70 -1508 -905 -1004 -500 -613
Current Account to GDP (%) 0.40 3 3 3 4.1 4.1

Government Actual Q2 Q3 Q4 Q1 2021
Government Debt to GDP (%) 10.75 18 18 18 20 20
Government Budget (% of GDP) -5.50 -8.6 -8.6 -8.6 -6 -6
Military Expenditure (USD Million) 83.70 83 83 83 83 85
Government Budget Value (SZL Thousand) -2973578.00 -6453225 -6453225 -6453225 -6453225 -6889565

Taxes Actual Q2 Q3 Q4 Q1 2021
Personal Income Tax Rate (%) 33.00 33 33 33 33 33
Corporate Tax Rate (%) 27.50 27.5 27.5 27.5 27.5 27.5
Sales Tax Rate (%) 15.00 15 15 15 15 15


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.