IFED
For Governments& ChambersFor Banks& InvestorsFor Corporates& SMEsFor Philanthropists& RoyaltyFor Start-Ups& YouthIntelligence Centre

    Eswatini

    Continent
    Africa
    Capital
    Mbabane (administrative capital); Lobamba (royal and legislative capital)
    Population
    1,138,089
    Sub-Zones
    4
    General Information
    Basic details about Eswatini
    Population:
    1,138,089
    Area:
    17,364 sq km
    Currency:
    emalangeni per US dollar -
    Languages:
    English, used for government business), siSwati
    Economic Overview
    Key economic indicators for Eswatini
    GDP:
    $12.468 billion
    GDP per Capita:
    $10,100
    GDP Growth:
    5.01%
    Inflation:
    2.6%
    Unemployment:
    37.64%
    Public Debt:
    36.25% of GDP
    Credit Rating:
    B3 (2020)
    Political System
    Governance structure of Eswatini
    Government Type:
    absolute monarchy
    Head of State:
    King MSWATI III (since 25 April 1986)
    Head of Government:
    Prime Minister Russell DLAMINI (since 6 November 2023)
    Judiciary:
    Supreme Court (consists of the chief justice and at least 4 justices) and the High Court (consists of the chief justice - ex officio - and 4 justices); note - the Supreme Court has jurisdiction in all constitutional matters
    Administrative Divisions:
    4 regions; Hhohho, Lubombo, Manzini, Shiselweni

    Major Political Parties

    • Not specified
    International Relations
    Global position and alliances
    UN Member:
    Yes
    EU Member:
    No
    Diplomatic Presence:
    1712 New Hampshire Avenue NW, Washington, DC 20009

    Major Alliances and Organizations

    AU
    Economic Sectors & Trade
    Detailed economic breakdown

    Major Economic Sectors

    Agriculture
    7.1% (2023 est.)
    Industry
    34.6% (2023 est.)
    Services
    51.3% (2023 est.)note: figures may not total 100% due to non-allocated consumption not captured in sector-reported data

    Trade Volume

    Exports:
    $2.174 billion
    Imports:
    $2.351 billion

    Major Trading Partners

    South Africa 61
    Ireland 4
    Mozambique 4
    Kenya 4
    Nigeria 3

    Economic Outlook

    Eswatini has a 5.01% GDP growth rate with 2.6% inflation. The economy is characterized by a strong agriculture sector.