[ Nominal GDP in billions of USD ]
Year -
$4.86 billions
Eswatini GDP expanded from 1960 to 2024, increasing from $0.04 billion to $4.86 billion.The compound annual growth rate (CAGR) averaged 7.79% over the period. The economy recorded its peak level in 2024 and its lowest level in 1960. Growth volatility remained high. The maximum drawdown reached 36.84%, indicating the largest cyclical decline from peak levels. The country experienced 11 recession episode(s) during the observed period.
| Metric | Nominal GDP (Current USD) | GDP (PPP, Int$) |
|---|---|---|
| Latest Year | 2024 | 2024 |
| Latest GDP | $ 4.86 Billions | $ 14.66 Int Billions |
| Growth (YoY) | 5.144% | 5.464% |
| Net Change vs Previous Year | $ 0.24 Billion | $ 0.76 Int Billion |
| % of World GDP | 0.00% | 0.01% |
| Meaning | Nominal GDP (Current USD, exchange-rate based) | GDP (PPP, cost-of-living adjusted) |
| Nominal | PPP | |||||
|---|---|---|---|---|---|---|
| Year | Bil $ | Net Chg | % Chg | Int Bil $ | Net Chg | % Chg |
| 1960 | 0.04 | - | - | - | - | - |
| 1961 | 0.04 | 0.01 | 22.662 % | - | - | - |
| 1962 | 0.05 | 0 | 6.745 % | - | - | - |
| 1963 | 0.05 | 0.01 | 17.857 % | - | - | - |
| 1964 | 0.06 | 0.01 | 20.047 % | - | - | - |
| 1965 | 0.07 | 0.01 | 8.155 % | - | - | - |
| 1966 | 0.08 | 0.01 | 9.363 % | - | - | - |
| 1967 | 0.07 | 0 | -2.732 % | - | - | - |
| 1968 | 0.08 | 0.01 | 6.742 % | - | - | - |
| 1969 | 0.11 | 0.03 | 32.105 % | - | - | - |
| 1970 | 0.11 | 0.01 | 6.375 % | - | - | - |
| 1971 | 0.14 | 0.02 | 21.689 % | - | - | - |
| 1972 | 0.15 | 0.01 | 7.529 % | - | - | - |
| 1973 | 0.22 | 0.08 | 51.234 % | - | - | - |
| 1974 | 0.26 | 0.04 | 19.109 % | - | - | - |
| 1975 | 0.29 | 0.02 | 9.072 % | - | - | - |
| 1976 | 0.27 | -0.02 | -5.463 % | - | - | - |
| 1977 | 0.3 | 0.03 | 11.561 % | - | - | - |
| 1978 | 0.34 | 0.04 | 12.027 % | - | - | - |
| 1979 | 0.41 | 0.07 | 20.98 % | - | - | - |
| 1980 | 0.54 | 0.13 | 31.518 % | - | - | - |
| 1981 | 0.57 | 0.03 | 5.314 % | - | - | - |
| 1982 | 0.54 | -0.03 | -5.818 % | - | - | - |
| 1983 | 0.56 | 0.02 | 3.305 % | - | - | - |
| 1984 | 0.49 | -0.06 | -10.958 % | - | - | - |
| 1985 | 0.36 | -0.13 | -27.181 % | - | - | - |
| 1986 | 0.45 | 0.09 | 24.734 % | - | - | - |
| 1987 | 0.58 | 0.13 | 30.054 % | - | - | - |
| 1988 | 0.69 | 0.11 | 18.472 % | - | - | - |
| 1989 | 0.7 | 0 | 0.707 % | - | - | - |
| 1990 | 1.11 | 0.42 | 59.945 % | 2.79 | - | - |
| 1991 | 1.16 | 0.04 | 3.718 % | 2.94 | 0.15 | 5.202 % |
| 1992 | 1.28 | 0.13 | 11.125 % | 3.1 | 0.16 | 5.579 % |
| 1993 | 1.36 | 0.07 | 5.638 % | 3.27 | 0.17 | 5.55 % |
| 1994 | 1.42 | 0.06 | 4.576 % | 3.42 | 0.15 | 4.587 % |
| 1995 | 1.7 | 0.28 | 19.707 % | 3.67 | 0.24 | 7.024 % |
| 1996 | 1.6 | -0.1 | -5.665 % | 3.88 | 0.21 | 5.743 % |
| 1997 | 1.72 | 0.11 | 7.111 % | 4.07 | 0.19 | 4.881 % |
| 1998 | 1.58 | -0.14 | -8.144 % | 4.22 | 0.15 | 3.757 % |
| 1999 | 1.55 | -0.03 | -1.84 % | 4.4 | 0.19 | 4.408 % |
| 2000 | 1.7 | 0.15 | 9.644 % | 4.58 | 0.18 | 4.065 % |
| 2001 | 1.5 | -0.19 | -11.448 % | 4.75 | 0.17 | 3.696 % |
| 2002 | 1.39 | -0.11 | -7.248 % | 5.02 | 0.27 | 5.706 % |
| 2003 | 2.15 | 0.76 | 54.212 % | 5.36 | 0.33 | 6.603 % |
| 2004 | 2.71 | 0.56 | 26.083 % | 5.7 | 0.34 | 6.403 % |
| 2005 | 3.1 | 0.39 | 14.301 % | 6.23 | 0.53 | 9.316 % |
| 2006 | 3.22 | 0.12 | 3.788 % | 6.85 | 0.62 | 10.02 % |
| 2007 | 3.39 | 0.18 | 5.468 % | 7.34 | 0.49 | 7.144 % |
| 2008 | 3.24 | -0.16 | -4.577 % | 7.59 | 0.25 | 3.395 % |
| 2009 | 3.53 | 0.29 | 8.94 % | 7.75 | 0.16 | 2.059 % |
| 2010 | 4.36 | 0.84 | 23.701 % | 8.14 | 0.39 | 5.086 % |
| 2011 | 4.72 | 0.36 | 8.306 % | 8.46 | 0.32 | 3.941 % |
| 2012 | 4.75 | 0.02 | 0.527 % | 8.72 | 0.26 | 3.054 % |
| 2013 | 4.46 | -0.28 | -5.99 % | 9.3 | 0.58 | 6.645 % |
| 2014 | 4.29 | -0.18 | -3.995 % | 9.51 | 0.2 | 2.203 % |
| 2015 | 3.91 | -0.38 | -8.794 % | 9.59 | 0.08 | 0.878 % |
| 2016 | 3.72 | -0.19 | -4.757 % | 9.75 | 0.16 | 1.701 % |
| 2017 | 4.46 | 0.74 | 19.889 % | 9.94 | 0.19 | 1.946 % |
| 2018 | 4.64 | 0.18 | 4.058 % | 9.98 | 0.03 | 0.35 % |
| 2019 | 4.62 | -0.03 | -0.576 % | 10.91 | 0.93 | 9.369 % |
| 2020 | 4.13 | -0.48 | -10.447 % | 11.13 | 0.22 | 1.975 % |
| 2021 | 4.81 | 0.67 | 16.262 % | 12.05 | 0.93 | 8.331 % |
| 2022 | 4.75 | -0.06 | -1.257 % | 12.96 | 0.91 | 7.543 % |
| 2023 | 4.62 | -0.13 | -2.643 % | 13.9 | 0.94 | 7.258 % |
| 2024 | 4.86 | 0.24 | 5.144 % | 14.66 | 0.76 | 5.464 % |
Between 1960 to 2024, Eswatini experienced the following economic phases:
The most remarkable growth occurred in 1990 with an increase of 59.945%, while the largest decline was in 1985 at -27.181%.