External balance on goods and services in Eswatini
Eswatini: External balance on goods and services was 0.0% in 2024. ◆ Volatile
External balance on goods and services in Eswatini, 2013–2024
Source: Country official statistics, National Statistical Organizations and/or Central Banks. Measured in % of GDP.
Analysis
Eswatini recorded 0.0% for external balance on goods and services in 2024.
The figure is up 101.1% on the previous year and up 103.2% over ten years.
Over the whole period, external balance on goods and services in Eswatini peaked at 3.2% in 2020 and was at its lowest, -3.7%, in 2018.
That places Eswatini 77th out of 193 countries with data for 2024, putting it in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
External balance on goods and services in Eswatini, year by year
| Year | % of GDP | Change |
|---|---|---|
| 2013 | -1.6% | — |
| 2014 | -1.0% | -38.4% |
| 2015 | 1.5% | -248.7% |
| 2016 | 1.2% | -16.5% |
| 2017 | -0.6% | -146.7% |
| 2018 | -3.7% | +560.5% |
| 2019 | 2.9% | -176.9% |
| 2020 | 3.2% | +10.8% |
| 2021 | -0.7% | -122.1% |
| 2022 | -3.6% | +407.0% |
| 2023 | -2.7% | -24.0% |
| 2024 | 0.0% | -101.1% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2010s | -0.2% | -3.7% | 2.9% | 7 |
| 2020s | -0.8% | -3.6% | 3.2% | 5 |
Countries ranked near Eswatini
More economy & growth data for Eswatini
- Exports of goods and services (current LCU), annual growth rate 15.68 % change on previous year (2024)
- Exports of goods and services (current LCU), per unit of GDP 9.85 current LCU per US$ of GDP (2024)
- Exports of goods and services (current LCU), per capita 38,497 current LCU per person (2024)
- Exports of goods and services (constant 2015 US$), annual growth rate 14.33 % change on previous year (2024)
- Exports of goods and services (constant 2015 US$), per unit of GDP 0.5384 constant 2015 US$ per US$ of GDP (2024)
- Exports of goods and services (constant 2015 US$), per capita 2,105 constant 2015 US$ per person (2024)
- Gross fixed capital formation (current US$), annual growth rate 5.02 % change on previous year (2024)
- Gross fixed capital formation (current US$), per unit of GDP 0.1607 current US$ per US$ of GDP (2024)
- Gross fixed capital formation (current US$), per capita 628.28 current US$ per person (2024)
- Gross fixed capital formation (current LCU), per unit of GDP 2.94 current LCU per US$ of GDP (2024)
Frequently asked questions
- What is external balance on goods and services in Eswatini?
- External balance on goods and services in Eswatini was 0.0% in 2024, according to Country official statistics, National Statistical Organizations and/or Central Banks.
- What is the highest external balance on goods and services recorded in Eswatini?
- The highest recorded value was 3.2% in 2020.
- What is the lowest external balance on goods and services recorded in Eswatini?
- The lowest recorded value was -3.7% in 2018.
- How does Eswatini rank for external balance on goods and services?
- Eswatini ranks 77th out of 193 countries with data for 2024.
- Is external balance on goods and services rising or falling in Eswatini?
- Over the last ten years it is up 103.2%. The long-run trend across the full record is volatile.
- Where does this Eswatini data come from?
- The figures come from Country official statistics, National Statistical Organizations and/or Central Banks, published as part of External balance on goods and services (% of GDP). Statizoid updates them automatically from the source API.
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About this data
The balance of international trade in goods and services is the difference between the exports and imports of goods and services. This indicator is expressed as a percentage of Gross Domestic Product (GDP) which is the total income earned through the production of goods and services in an economic territory during an accounting period.