Markets Actual Q2 Q3 Q4 Q1 2023
Currency 15.83 16.18 16.58 16.99 17.41 18.28

Overview Actual Q2 Q3 Q4 Q1 2023
GDP Annual Growth Rate (%) 5.90 2.2 2.2 2.2 2 2
Unemployment Rate (%) 23.40 22.6 22.6 22.6 22.6 22
Inflation Rate (%) 3.40 3.8 4 3.8 4 3.2
Interest Rate (%) 4.50 4.5 5 5.5 6 6.5
Balance of Trade (SZL Million) 1190.20 -1508 -905 -1004 -500 -613
Current Account to GDP (% of GDP) 7.00 2 2 2 2 4.7
Government Debt to GDP (% of GDP) 15.49 20 20 20 20 20
Government Budget (% of GDP) -4.60 -4.9 -4.9 -4.9 -4.9 -4.7
Corporate Tax Rate (%) 27.50 27.5 27.5 27.5 27.5 27.5
Personal Income Tax Rate (%) 33.00 33 33 33 33 33

GDP Actual Q2 Q3 Q4 Q1 2023
GDP Annual Growth Rate (%) 5.90 2.2 2.2 2.2 2 2
GDP (USD Billion) 3.96 4.3 4.6 4.6 4.6 4.6
GDP per capita (USD) 3718.84 3800 3800 3800 3800 3740
GDP per capita PPP (USD) 8392.72 8400 8500 8500 8500 8630

Labour Actual Q2 Q3 Q4 Q1 2023
Unemployment Rate (%) 23.40 22.6 22.6 22.6 22.6 22
Population (Million) 1.16 1.17 1.17 1.18 1.18 1.18

Prices Actual Q2 Q3 Q4 Q1 2023
Inflation Rate (%) 3.40 3.8 4 3.8 4 3.2
Food Inflation (%) 3.40 3.8 3.4 3.2 3 3

Money Actual Q2 Q3 Q4 Q1 2023
Interest Rate (%) 4.50 4.5 5 5.5 6 6.5
Deposit Interest Rate (%) 1.78 1.78 2.28 2.78 3.28 3.28
Lending Rate (%) 7.50 7.5 8 8 8 8
Central Bank Balance Sheet (SZL Thousand) 13199863.00 13250000 13250000 13650000 13650000 13650000

Trade Actual Q2 Q3 Q4 Q1 2023
Balance of Trade (SZL Million) 1190.20 -1508 -905 -1004 -500 -613
Current Account to GDP (% of GDP) 7.00 2 2 2 2 4.7

Government Actual Q2 Q3 Q4 Q1 2023
Government Debt to GDP (% of GDP) 15.49 20 20 20 20 20
Government Budget (% of GDP) -4.60 -4.9 -4.9 -4.9 -4.9 -4.7
Military Expenditure (USD Million) 82.20 85 85 85 85 85
Government Budget Value (SZL Thousand) -4592987.00 -6889565 -6889565 -6889565 -6889565 -6889565

Taxes Actual Q2 Q3 Q4 Q1 2023
Corporate Tax Rate (%) 27.50 27.5 27.5 27.5 27.5 27.5
Personal Income Tax Rate (%) 33.00 33 33 33 33 33
Sales Tax Rate (%) 15.00 14 14 14 14 14


Trading Economics provides data for 20 million economic indicators from 196 countries including actual values, consensus figures, forecasts, historical time series and news. Swaziland Forecast - was last updated on Monday, June 27, 2022.