Short-term debt in Eswatini
Eswatini: Short-term debt was 2.6% in 2024. ◆ Volatile
Short-term debt in Eswatini, 1977–2024
Source: International Debt Statistics, World Bank (WB). Measured in % of exports of goods, services and primary income.
Analysis
Eswatini recorded 2.6% for short-term debt in 2024.
That represents a change of up 4.7% on the previous year and up 69.2% over ten years.
Over the whole period, short-term debt in Eswatini peaked at 13.0% in 1997 and was at its lowest, 0.2%, in 1996.
Eswatini ranks 95th of 119 countries on this measure, in the bottom quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Short-term debt in Eswatini, year by year
| Year | % of exports of goods, services and primary income | Change |
|---|---|---|
| 1977 | 3.8% | — |
| 1978 | 7.0% | +80.8% |
| 1979 | 2.7% | -61.7% |
| 1980 | 3.3% | +25.0% |
| 1981 | 1.2% | -63.8% |
| 1982 | 3.4% | +182.2% |
| 1983 | 9.0% | +164.0% |
| 1984 | 2.0% | -77.4% |
| 1985 | 5.4% | +168.4% |
| 1986 | 4.5% | -18.0% |
| 1987 | 3.0% | -33.3% |
| 1988 | 1.2% | -59.3% |
| 1989 | 2.9% | +139.8% |
| 1990 | 0.6% | -80.8% |
| 1991 | 0.6% | -0.2% |
| 1992 | 0.7% | +17.7% |
| 1993 | 0.8% | +16.0% |
| 1994 | 0.8% | +10.8% |
| 1995 | 0.9% | +12.7% |
| 1996 | 0.2% | -80.9% |
| 1997 | 13.0% | +7067.3% |
| 1998 | 2.3% | -82.2% |
| 1999 | 4.6% | +98.9% |
| 2000 | 4.6% | -0.1% |
| 2001 | 5.6% | +23.1% |
| 2002 | 5.3% | -6.7% |
| 2003 | 2.7% | -48.5% |
| 2004 | 2.0% | -27.5% |
| 2005 | 4.6% | +133.9% |
| 2006 | 2.1% | -54.2% |
| 2007 | 1.6% | -23.1% |
| 2008 | 2.3% | +44.9% |
| 2009 | 1.0% | -58.1% |
| 2010 | 9.2% | +833.2% |
| 2011 | 9.1% | -0.4% |
| 2012 | 2.1% | -77.4% |
| 2013 | 2.0% | -2.1% |
| 2014 | 1.5% | -24.2% |
| 2015 | 0.6% | -58.8% |
| 2016 | 3.2% | +409.6% |
| 2017 | 8.7% | +170.7% |
| 2018 | 0.7% | -91.9% |
| 2019 | 0.9% | +28.9% |
| 2020 | 1.4% | +52.5% |
| 2021 | 1.8% | +27.7% |
| 2022 | 0.5% | -69.5% |
| 2023 | 2.5% | +358.3% |
| 2024 | 2.6% | +4.7% |
Eswatini compared with similar countries
- Eswatini's 2.6% is below the median for lower middle income countries, which is 13.3%, 19% of the median. (43 countries reporting)
- Eswatini's 2.6% is below the median for Sub-Saharan Africa, which is 9.1%, 29% of the median. (43 countries reporting)
Biggest year-on-year movements
Years where Short-term debt in Eswatini changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 1997 | +7067.3% | 0.2% | 13.0% |
| 2010 | +833.2% | 1.0% | 9.2% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 4.5% | 2.7% | 7.0% | 3 |
| 1980s | 3.6% | 1.2% | 9.0% | 10 |
| 1990s | 2.4% | 0.2% | 13.0% | 10 |
| 2000s | 3.2% | 1.0% | 5.6% | 10 |
| 2010s | 3.8% | 0.6% | 9.2% | 10 |
| 2020s | 1.7% | 0.5% | 2.6% | 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 short-term debt in Eswatini?
- Short-term debt in Eswatini was 2.6% in 2024, according to International Debt Statistics, World Bank (WB).
- What is the highest short-term debt recorded in Eswatini?
- The highest recorded value was 13.0% in 1997.
- What is the lowest short-term debt recorded in Eswatini?
- The lowest recorded value was 0.2% in 1996.
- How does Eswatini rank for short-term debt?
- Eswatini ranks 95th out of 119 countries with data for 2024.
- Is short-term debt rising or falling in Eswatini?
- Over the last ten years it is up 69.2%. The long-run trend across the full record is volatile.
- Where does this Eswatini data come from?
- The figures come from International Debt Statistics, World Bank (WB), published as part of Short-term debt (% of exports of goods, services and primary income). Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 48 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
About this data
Short-term external debt is defined as debt that has an original maturity of one year or less. Available data permit no distinction between public and private nonguaranteed short-term debt. Exports of goods, services and primary income is the sum of goods (merchandise) exports, exports of (nonfactor) services and income (factor) receipts.