Economy of Eswatini

Economy of Eswatini
Currency	lilangeni (SZL), South African rand (ZAR)
Fiscal year	1 April - 31 March
Trade organisations	AU, AfCFTA, WTO, SADC, SACU
Statistics
GDP	$4.711 billion (nominal, 2018 est.); $12.069 billion (PPP, 2018 est.);
GDP rank	159th (nominal) / 157th (PPP)
GDP growth	3.2% (2016) 1.9% (2017); 0.5% (2018e) 1.1% (2019f);
GDP per capita	$4,267 (nominal, 2018 est.); $10,932 (PPP, 2018 est.);
GDP by sector	agriculture: 8.77%, industry: 33.8%, services: 53.15% (2019 est.)
Inflation (CPI)	6.1% (2011 est.)
Population below poverty line	69% (2006)
Labour force	457,900 (2007)
Labour force by occupation	agriculture: 70%
Unemployment	40% (2006 est.)
Main industries	Coal mining, wood pulp, sugar, soft drink concentrates, textile and apparel
External
Exports	$2.049 billion f.o.b. (2011 est.)
Export goods	soft drink concentrates, sugar, wood pulp, cotton yarn, refrigerators, citrus and canned fruit
Main export partners	South Africa 59.7%; EU 8.8%; US 8.8%; Mozambique 6.2%; (2004);
Imports	$2.076 billion f.o.b. (2011 est.)
Import goods	motor vehicles, machinery, transport equipment, foodstuffs, petroleum products, chemicals
Main import partners	South Africa 95.6%; EU 0.9%; Japan 0.9%; Singapore 0.3%; (2004);
Public finances
Government debt	$703.1 million (2011 est.)
Revenues	$1.006 billion (2011)
Expenses	$1.488 billion (2011)
Economic aid	recipient: $104 million (2001)
	Main data source: CIA World Fact Book ; All values, unless otherwise stated, are in US dollars.

The economy of Eswatini is fairly diversified. Agriculture, forestry and mining account for about 13 percent of Eswatini's GDP whereas manufacturing (textiles and sugar-related processing) represent 37 percent of GDP. Services – with government services in the lead – constitute the other 50 percent of GDP.

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