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 Q1/18 Q2/18 Q3/18 Q4/18 2020
Currency 12.11
12.8 13.26 13.73 14.22 16.37
GDP Actual Q1/18 Q2/18 Q3/18 Q4/18 2020
GDP Annual Growth Rate 0.60
percent
3.57 3.15 2.72 2.3 3.5
GDP 3.73
USD Billion
3.8 3.7 3.6 3.5 3
GDP per capita 3911.40
USD
4027 3965 3903 3842 3652
GDP per capita PPP 7733.80
USD
7810 7675 7540 7404 6812
LABOUR Actual Q1/18 Q2/18 Q3/18 Q4/18 2020
Unemployment Rate 25.28
percent
25.07 25.05 25.02 25 24.4
Population 1.32
Million
1.18 1.24 1.3 1.37 1.48
PRICES Actual Q1/18 Q2/18 Q3/18 Q4/18 2020
Inflation Rate 5.40
percent
5.7 6 6.3 7 6.6
Food Inflation 4.90
percent
6.11 6.66 7.13 7.52 9.05
CPI Transportation 3.40
percent
6.25 7.08 7.51 7.71 7.85
MONEY Actual Q1/18 Q2/18 Q3/18 Q4/18 2020
Interest Rate 7.25
percent
7 7 7.25 6.5 6
Deposit Interest Rate 2.94
percent
3.55 3.74 3.94 4.13 6.12
Money Supply M1 5599.80
SZL Million
5446 5409 5379 5351 5142
Money Supply M2 17131.40
SZL Million
16923 16840 16757 16675 16064
Foreign Exchange Reserves 7209952.00
SZL Thousand
7337693 7289336 7214510 7132869 6813851
Central Bank Balance Sheet 10253958.00
SZL Thousand
9669154 9545077 9422787 9307376 8690356
TRADE Actual Q1/18 Q2/18 Q3/18 Q4/18 2020
Balance of Trade 487.80
SZL Million
960 805 1113 1088 648
Exports 5076.20
SZL Million
5849 5425 5905 6219 5749
Imports 4588.40
SZL Million
4502 4505 4528 4528 4313
Current Account 1527.80
SZL Million
1262 1036 1005 925 269
Current Account to GDP 2.20
percent
6 6 1.19 6 5
Foreign Direct Investment -319.00
SZL Million
870 -602 -255 656 32.42
External Debt 5575.10
SZL Million
5651 5609 5560 5511 5016
Terrorism Index 0.00
0.47 0.49 0.51 0.53 1.1
GOVERNMENT Actual Q1/18 Q2/18 Q3/18 Q4/18 2020
Government Debt to GDP 8.97
percent
10 10 10.02 10 13
Government Budget -11.90
percent of GDP
-4.83 -4.62 -4.41 -4.19 2.13
Government Revenues 16893946.00
SZL Thousand
14538773 15389101 16239429 17089757 14955493
Fiscal Expenditure 21734354.00
SZL Thousand
21896290 21608761 21321232 21033703 19107329
Military Expenditure 72.80
USD Million
73.07 72.69 72.31 71.93 68.89
Government Budget Value -4840408.00
SZL Thousand
-2740087 -1554691 -369295 816101 640652
BUSINESS Actual Q1/18 Q2/18 Q3/18 Q4/18 2020
Internet Speed 1419.89
KBps
1399 1378 1360 1342 1218
IP Addresses 7320.00
IP
7192 7117 7041 6967 6434
Ease of Doing Business 112.00
113 116 119 122 123
Corruption Index 43.00
Points
38 38 38 38 38
Corruption Rank 69.00
82 83 84 85 93
Competitiveness Index 3.35
Points
3.38 3.38 3.38 3.38 3.39
Competitiveness Rank 122.00
126 126 126 126 127
CONSUMER Actual Q1/18 Q2/18 Q3/18 Q4/18 2020
Private Sector Credit 13.80
SZL Billion
13.63 13.57 13.52 13.47 13.07
TAXES Actual Q1/18 Q2/18 Q3/18 Q4/18 2020
Personal Income Tax Rate 33.00
percent
33 33 33 33 33
Corporate Tax Rate 27.50
percent
28 28 28 28 29
Sales Tax Rate 14.00
percent
14 14 14 14 14
CLIMATE Actual Q1/18 Q2/18 Q3/18 Q4/18 2020
Precipitation 24.72
mm
120 28.2 23.93 105 70.61
Temperature 24.14
celsius
22.24 16.46 16 20.92 19.33