Gross external debt, Percent of GDP (Balance of Payments and) in Eswatini
Eswatini: Gross external debt, Percent of GDP (Balance of Payments and) was 31.47 in 2027. ▲ Rising
Gross external debt, Percent of GDP (Balance of Payments and) in Eswatini, 2000–2027
Source: International Monetary Fund.
Analysis
Eswatini recorded 31.47 for gross external debt, percent of gdp (balance of payments and) in 2027. That is the highest value across all 28 years on record.
The figure is up 7.7% on the previous year and up 154.7% over ten years.
Over the whole period, gross external debt, percent of gdp (balance of payments and) in Eswatini peaked at 31.47 in 2027 and was at its lowest, 8, in 2012.
That places Eswatini 16th out of 45 countries with data for 2027, putting it in the middle of the range.
The long-run direction has been consistently rising across the 28 years of available data.
Gross external debt, Percent of GDP (Balance of Payments and) in Eswatini, year by year
| Year | Value | Change |
|---|---|---|
| 2000 | 17.27 | — |
| 2001 | 20.18 | +16.8% |
| 2002 | 16.41 | -18.7% |
| 2003 | 15.36 | -6.4% |
| 2004 | 13.08 | -14.8% |
| 2005 | 11.58 | -11.5% |
| 2006 | 12.16 | +5.1% |
| 2007 | 13.95 | +14.7% |
| 2008 | 13.55 | -2.9% |
| 2009 | 10.22 | -24.5% |
| 2010 | 8.3 | -18.8% |
| 2011 | 8.4 | +1.2% |
| 2012 | 8 | -4.7% |
| 2013 | 8.43 | +5.4% |
| 2014 | 8.57 | +1.6% |
| 2015 | 8.39 | -2.1% |
| 2016 | 12.8 | +52.5% |
| 2017 | 12.35 | -3.5% |
| 2018 | 11.76 | -4.8% |
| 2019 | 14.13 | +20.1% |
| 2020 | 18.63 | +31.9% |
| 2021 | 16.11 | -13.5% |
| 2022 | 19.27 | +19.6% |
| 2023 | 21.33 | +10.7% |
| 2024 | 21.87 | +2.5% |
| 2025 | 26.94 | +23.2% |
| 2026 | 29.22 | +8.5% |
| 2027 | 31.47 | +7.7% |
Eswatini compared with similar countries
- Eswatini's 31.47 is above the median for Sub-Saharan Africa, which is 26.53, 1.2× the median. (45 countries reporting)
- Eswatini's 31.47 is above the median for lower middle income countries, which is 30.44, 1.0× the median. (19 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 14.38 | 10.22 | 20.18 | 10 |
| 2010s | 10.11 | 8 | 14.13 | 10 |
| 2020s | 23.1 | 16.11 | 31.47 | 8 |
Countries ranked near Eswatini
- 13 Cote d'Ivoire 33.29 compare
- 14 Seychelles 32.19 compare
- 15 Comoros 31.52 compare
- 17 Congo 31.08 compare
- 18 Tanzania 30.44 compare
- 19 South Sudan 30.25 compare
More external debt data for Eswatini
- IFC, private nonguaranteed 0 NFL, US$ (2024)
- IFC, private nonguaranteed (NFL, US$), per capita 0 NFL, US$ per person (2024)
- IFC, private nonguaranteed (NFL, US$), per unit of GDP 0 NFL, US$ per US$ of GDP (2024)
- IFC, private nonguaranteed (NFL, US$), per square kilometre 0 NFL, US$ per square kilometre (2023)
- Public and publicly guaranteed debt service 2.2% (2024)
- Net financial flows, IDA -149,000 NFL, current US$ (2024)
- Net financial flows, IDA (NFL, current US$), per capita -0.1199 NFL, current US$ per person (2024)
- Net financial flows, IDA (NFL, current US$), per unit of GDP -0 NFL, current US$ per US$ of GDP (2024)
- Net financial flows, IBRD 31.34 million NFL, current US$ (2024)
- Public and publicly guaranteed debt service 3.5% (2024)
Frequently asked questions
- What is gross external debt, percent of gdp (balance of payments and) in Eswatini?
- Gross external debt, percent of gdp (balance of payments and) in Eswatini was 31.47 in 2027, according to International Monetary Fund.
- What is the highest gross external debt, percent of gdp (balance of payments and) recorded in Eswatini?
- The highest recorded value was 31.47 in 2027.
- What is the lowest gross external debt, percent of gdp (balance of payments and) recorded in Eswatini?
- The lowest recorded value was 8 in 2012.
- How does Eswatini rank for gross external debt, percent of gdp (balance of payments and)?
- Eswatini ranks 16th out of 45 countries with data for 2027.
- Is gross external debt, percent of gdp (balance of payments and) rising or falling in Eswatini?
- Over the last ten years it is up 154.7%. The long-run trend across the full record is rising.
- Where does this Eswatini data come from?
- The figures come from International Monetary Fund, published as part of Gross external debt, Percent of GDP (Balance of Payments and International Investment Position Manual, Sixth Edition (BPM6)). Statizoid updates them automatically from the source API.
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About this data
Sub-Saharan Africa Regional Economic Outlook (REO) provides information on recent economic developments and prospects for countries in sub-Saharan Africa. Data for the REO for sub-Saharan Africa are prepared in conjunction with the semi-annual World Economic Outlook (WEO) exercises, spring and fall.