World Ranking of Economies · 2026 Edition
Eswatini
US$5.2 billion
About the size of Carson City, NV metro area (2024 GDP)
Eswatini's unemployment rate stood at 34.2% of the labor force, even as real output grew 4.2% in 2025. US$ GDP rose 6.2% to US$5.2 billion, but the country slipped 2 places to 162nd, between Liberia and Djibouti.
Manufacturing contributes 28.1% of GDP within an industry share of 33.6%. Services make up 52.4% of output and agriculture 6.4%. Inflation was 3.1%, and government gross debt stands at 44.8% of GDP, according to the IMF.
The economy is 3.0 times its 2000 size of US$1.7 billion, when it ranked 150th. With a population of 1.3 million, GDP per capita is US$4,108, 133rd of 196, and $12,529 international dollars in PPP terms, 127th. Eswatini is the 38th largest of 47 economies in Sub-Saharan Africa and about the size of the Carson City, NV metro area. The IMF projects GDP of US$7.4 billion by 2030, up 42%, which would place it 157th. Mbabane is the capital.
