Gross Domestic Product — Value Standard Local Currency in Eswatini
Eswatini: Gross Domestic Product — Value Standard Local Currency was 89,012 million SLC in 2024. ◆ Volatile
Gross Domestic Product — Value Standard Local Currency in Eswatini, 1970–2024
Source: Food and Agriculture Organization of the United Nations. Measured in million SLC.
Analysis
In 2024, gross domestic product — value standard local currency in Eswatini stood at 89,012 million SLC. That is the highest value across all 55 years on record.
The figure is up 5.5% on the previous year and up 85.4% over ten years.
Over the whole period, gross domestic product — value standard local currency in Eswatini peaked at 89,012 million SLC in 2024 and was at its lowest, 110.52 million SLC, in 1970.
That places Eswatini 156th out of 218 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.
Gross Domestic Product — Value Standard Local Currency in Eswatini, year by year
| Year | million SLC | Change |
|---|---|---|
| 1970 | 110.52 million SLC | — |
| 1971 | 137.48 million SLC | +24.4% |
| 1972 | 162.37 million SLC | +18.1% |
| 1973 | 190.25 million SLC | +17.2% |
| 1974 | 230.53 million SLC | +21.2% |
| 1975 | 292.95 million SLC | +27.1% |
| 1976 | 352.23 million SLC | +20.2% |
| 1977 | 391.64 million SLC | +11.2% |
| 1978 | 438.68 million SLC | +12.0% |
| 1979 | 503.61 million SLC | +14.8% |
| 1980 | 627.9 million SLC | +24.7% |
| 1981 | 781.29 million SLC | +24.4% |
| 1982 | 898.58 million SLC | +15.0% |
| 1983 | 979.26 million SLC | +9.0% |
| 1984 | 1,060 million SLC | +8.3% |
| 1985 | 1,198 million SLC | +12.9% |
| 1986 | 1,553 million SLC | +29.7% |
| 1987 | 1,829 million SLC | +17.8% |
| 1988 | 2,385 million SLC | +30.4% |
| 1989 | 2,844 million SLC | +19.2% |
| 1990 | 3,246 million SLC | +14.1% |
| 1991 | 3,674 million SLC | +13.2% |
| 1992 | 4,206 million SLC | +14.5% |
| 1993 | 4,877 million SLC | +16.0% |
| 1994 | 5,648 million SLC | +15.8% |
| 1995 | 6,897 million SLC | +22.1% |
| 1996 | 7,712 million SLC | +11.8% |
| 1997 | 8,880 million SLC | +15.2% |
| 1998 | 9,808 million SLC | +10.5% |
| 1999 | 10,573 million SLC | +7.8% |
| 2000 | 12,062 million SLC | +14.1% |
| 2001 | 13,279 million SLC | +10.1% |
| 2002 | 15,097 million SLC | +13.7% |
| 2003 | 16,624 million SLC | +10.1% |
| 2004 | 17,894 million SLC | +7.6% |
| 2005 | 20,211 million SLC | +12.9% |
| 2006 | 22,287 million SLC | +10.3% |
| 2007 | 24,443 million SLC | +9.7% |
| 2008 | 27,213 million SLC | +11.3% |
| 2009 | 30,339 million SLC | +11.5% |
| 2010 | 32,497 million SLC | +7.1% |
| 2011 | 35,002 million SLC | +7.7% |
| 2012 | 40,118 million SLC | +14.6% |
| 2013 | 44,390 million SLC | +10.6% |
| 2014 | 48,001 million SLC | +8.1% |
| 2015 | 51,791 million SLC | +7.9% |
| 2016 | 56,132 million SLC | +8.4% |
| 2017 | 58,689 million SLC | +4.6% |
| 2018 | 61,786 million SLC | +5.3% |
| 2019 | 64,965 million SLC | +5.1% |
| 2020 | 65,588 million SLC | +1.0% |
| 2021 | 67,808 million SLC | +3.4% |
| 2022 | 73,825 million SLC | +8.9% |
| 2023 | 84,398 million SLC | +14.3% |
| 2024 | 89,012 million SLC | +5.5% |
Eswatini compared with similar countries
- Eswatini's 89,012 million SLC is below the median for lower middle income countries, which is 1.54 million million SLC, 6% of the median. (43 countries reporting)
- Eswatini's 89,012 million SLC is below the median for Sub-Saharan Africa, which is 8.81 million million SLC, 1% of the median. (45 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 281.03 million SLC | 110.52 million SLC | 503.61 million SLC | 10 |
| 1980s | 1,416 million SLC | 627.9 million SLC | 2,844 million SLC | 10 |
| 1990s | 6,552 million SLC | 3,246 million SLC | 10,573 million SLC | 10 |
| 2000s | 19,945 million SLC | 12,062 million SLC | 30,339 million SLC | 10 |
| 2010s | 49,337 million SLC | 32,497 million SLC | 64,965 million SLC | 10 |
| 2020s | 76,126 million SLC | 65,588 million SLC | 89,012 million SLC | 5 |
Countries ranked near Eswatini
More economy & growth data for Eswatini
- Foreign direct investment, net outflows (BoP, current US$), gaps 63.77 million BoP, current US$ (2024)
- Foreign direct investment, net outflows (BoP, current US$), per unit 0.0131 BoP, current US$ per US$ of GDP (2024)
- Foreign direct investment, net outflows (BoP, current US$), per capita 51.31 BoP, current US$ per person (2024)
- Foreign direct investment, net inflows (BoP, current US$), gaps filled 75.53 million BoP, current US$ (2024)
- Foreign direct investment, net inflows (BoP, current US$), annual 168.48 % change on previous year (2024)
- Foreign direct investment, net inflows (BoP, current US$), per unit 0.0155 BoP, current US$ per US$ of GDP (2024)
- Foreign direct investment, net inflows (BoP, current US$), per capita 60.77 BoP, current US$ per person (2024)
- Total reserves (includes gold, current US$), annual growth rate 11.96 % change on previous year (2024)
- Total reserves (includes gold, current US$), per unit of GDP 0.1104 includes gold, current US$ per US$ of GDP (2024)
- Total reserves (includes gold, current US$), per capita 431.74 includes gold, current US$ per person (2024)
Frequently asked questions
- What is gross domestic product — value standard local currency in Eswatini?
- Gross domestic product — value standard local currency in Eswatini was 89,012 million SLC in 2024, according to Food and Agriculture Organization of the United Nations.
- What is the highest gross domestic product — value standard local currency recorded in Eswatini?
- The highest recorded value was 89,012 million SLC in 2024.
- What is the lowest gross domestic product — value standard local currency recorded in Eswatini?
- The lowest recorded value was 110.52 million SLC in 1970.
- How does Eswatini rank for gross domestic product — value standard local currency?
- Eswatini ranks 156th out of 218 countries with data for 2024.
- Is gross domestic product — value standard local currency rising or falling in Eswatini?
- Over the last ten years it is up 85.4%. The long-run trend across the full record is volatile.
- Where does this Eswatini data come from?
- The figures come from Food and Agriculture Organization of the United Nations, published as part of Gross Domestic Product — Value Standard Local Currency. Statizoid updates them automatically from the source API.
Download this data
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About this data
The FAOSTAT Macro Indicators database provides a selection of country-level macro indicators relating to total economy (Gross Domestic Product, Gross Fixed Capital Formation); agriculture activity; agriculture, forestry and fishing activity; total manufacturing activity; manufacturing of food products and beverages activity; manufacturing activity of tobacco products; and manufacturing activity of food, beverage and tobacco products.It releases time series for a selection of National Accounts variables, including gross domestic product, gross fixed capital formation, industry-level value added and gross output. The database also proposes additional indicators such as gross domestic product per capita, year-on-year growth rates and measures of industry contribution to gross domestic product. All data relating to Gross Domestic Product, Gross Fixed Capital Formation, agriculture, forestry and fishing activity, and to total manufacturing activity originates from the United Nations Statistics Division (UNSD) National Accounts Estimates of Main Aggregates database, which consists of a complete and consistent set of time series of the main National Accounts aggregates of all UN Members States and other territories in the world for which National Accounts information is available. The UNSD database's content is based on the countries' official National Accounts data reported to UNSD through the annual National Accounts Questionnaire, supplemented with data estimates for any years and countries with incomplete or inconsistent information (See http://unstats.un.org/unsd/snaama/Introduction.asp). Data series relating to the sub-industry Agriculture activity are obtained from the UNSD national accounts Official Country Data databases while series on the Manufacturing activity of food and beverages products, manufacturing activity of tobacco products and manufacturing activity of food, beverages and tobacco products originates from the United Nations Industrial Development Organization (UNIDO) INDSTAT2 database. In order to ensure that sub-industry series are consistent in levels with National Accounts based series, which is needed to support comparability across industries (agriculture vs. agro-industry and sub-industries), UNIDO originating series are rescaled on UNSD National Accounts Estimates of Main Aggregates data series (See Section 17.5 for a more detailed description of the data processing steps).