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 Q2/18 Q3/18 Q4/18 Q1/19 2020
Currency 12.43
12.26 12.68 13.11 13.56 15.51
GDP Actual Q2/18 Q3/18 Q4/18 Q1/19 2020
GDP Annual Growth Rate 2.30
percent
2.45 2.67 2.9 2.97 3.5
GDP 3.73
USD Billion
3.75 3.67 3.6 3.5 3.5
GDP per capita 3911.40
USD
3862 3503 3709 3486 3517
GDP per capita PPP 7733.80
USD
7637 7486 7335 6894 6954
LABOUR Actual Q2/18 Q3/18 Q4/18 Q1/19 2020
Unemployment Rate 25.28
percent
25.45 25.32 25.2 25.2 25.1
Population 1.13
Million
1.13 1.13 1.13 1.13 1.16
PRICES Actual Q2/18 Q3/18 Q4/18 Q1/19 2020
Inflation Rate 4.00
percent
4.6 4.8 5 5.2 6
Food Inflation 2.50
percent
2.17 4.53 4.69 4.14 4.79
CPI Transportation 5.60
percent
3.66 3.56 5.88 5.89 6.58
MONEY Actual Q2/18 Q3/18 Q4/18 Q1/19 2020
Interest Rate 6.75
percent
6.75 6.75 6.5 6.5 6
Deposit Interest Rate 3.20
percent
2.7 2.7 2.45 2.45 1.95
Money Supply M1 5727.10
SZL Million
5452 5455 5442 5433 5417
Money Supply M2 17415.80
SZL Million
17088 17005 16925 16847 16058
Foreign Exchange Reserves 6958838.00
SZL Thousand
7635458 7636349 7636317 7636318 7636318
Central Bank Balance Sheet 9996086.00
SZL Thousand
9602463 10894045 10816513 10161324 11094377
TRADE Actual Q2/18 Q3/18 Q4/18 Q1/19 2020
Balance of Trade 1467.50
SZL Million
1140 1068 1114 1128 1292
Exports 6321.80
SZL Million
5699 5699 5699 5699 5699
Imports 4854.30
SZL Million
4559 4631 4632 4571 4407
Current Account 1716.90
SZL Million
1622 1622 1622 1622 1622
Current Account to GDP 2.20
percent
6 6 6 7 5
Foreign Direct Investment -854.50
SZL Million
-587 -587 -587 -587 -587
External Debt 5453.60
SZL Million
5194 5124 5071 5023 4547
Terrorism Index 0.00
0.11 0.1 0.1 0.09 0.05
GOVERNMENT Actual Q2/18 Q3/18 Q4/18 Q1/19 2020
Government Debt to GDP 9.36
percent
10 10 10 11 13
Government Budget -12.30
percent of GDP
-9.66 -11.34 -13.02 -12.94 -4.14
Government Revenues 16893946.00
SZL Thousand
16893946 16893946 16893946 16893946 16893946
Fiscal Expenditure 21734354.00
SZL Thousand
21734354 21734354 21734354 21734354 21734354
Military Expenditure 72.70
USD Million
72.94 72.81 72.69 72.72 73.07
Government Budget Value -4840408.00
SZL Thousand
-4840408 -4840408 -4840408 -4840408 -4840408
BUSINESS Actual Q2/18 Q3/18 Q4/18 Q1/19 2020
Internet Speed 1419.89
KBps
1461 1474 1462 1473 1466
IP Addresses 7320.00
IP
7456 7456 7456 7456 7456
Ease of Doing Business 112.00
112 112 112 112 112
Corruption Index 39.00
Points
39 39 39 39 39
Corruption Rank 85.00
85 85 85 85 85
Competitiveness Index 3.35
Points
3.35 3.35 3.35 3.35 3.35
Competitiveness Rank 122.00
126 126 126 126 127
CONSUMER Actual Q2/18 Q3/18 Q4/18 Q1/19 2020
Private Sector Credit 13.97
SZL Billion
13.62 13.19 12.96 12.97 13.32
TAXES Actual Q2/18 Q3/18 Q4/18 Q1/19 2020
Personal Income Tax Rate 33.00
percent
33 33 33 33 33
Corporate Tax Rate 27.50
percent
27.5 27.5 27.5 28 28
Sales Tax Rate 14.00
percent
14 14 14 14 14
CLIMATE Actual Q2/18 Q3/18 Q4/18 Q1/19 2020
Precipitation 24.72
mm
28.2 23.93 105 120 70.61
Temperature 24.14
celsius
16.46 16 20.92 22.28 19.33