Total debt service in Eswatini
Eswatini: Total debt service was 7.7% in 2024. ◆ Volatile
Total debt service in Eswatini, 1974–2024
Source: International Debt Statistics, World Bank (WB). Measured in % of exports of goods, services and primary income.
Analysis
In 2024, total debt service in Eswatini stood at 7.7%.
Compared with earlier readings it is down 2.4% on the previous year and down 27.5% over ten years.
Over the whole period, total debt service in Eswatini peaked at 10.6% in 2014 and was at its lowest, 1.2%, in 1976.
Eswatini ranks 94th of 120 countries on this measure, in the bottom quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Total debt service in Eswatini, year by year
| Year | % of exports of goods, services and primary income | Change |
|---|---|---|
| 1974 | 2.2% | — |
| 1975 | 1.8% | -18.3% |
| 1976 | 1.2% | -34.2% |
| 1977 | 1.4% | +20.7% |
| 1978 | 1.6% | +11.9% |
| 1979 | 2.4% | +52.4% |
| 1980 | 3.9% | +63.1% |
| 1981 | 4.1% | +5.3% |
| 1982 | 5.3% | +29.1% |
| 1983 | 5.6% | +5.9% |
| 1984 | 6.3% | +11.6% |
| 1985 | 9.7% | +54.1% |
| 1986 | 9.1% | -6.1% |
| 1987 | 8.8% | -3.1% |
| 1988 | 5.8% | -34.4% |
| 1989 | 4.4% | -24.1% |
| 1990 | 5.4% | +23.0% |
| 1991 | 3.0% | -44.1% |
| 1992 | 2.3% | -23.2% |
| 1993 | 2.3% | -2.2% |
| 1994 | 2.2% | -2.0% |
| 1995 | 1.5% | -30.7% |
| 1996 | 2.6% | +69.4% |
| 1997 | 2.3% | -10.7% |
| 1998 | 2.2% | -3.6% |
| 1999 | 3.0% | +35.2% |
| 2000 | 2.2% | -26.2% |
| 2001 | 2.3% | +5.0% |
| 2002 | 1.7% | -28.6% |
| 2003 | 1.7% | +0.1% |
| 2004 | 2.2% | +32.0% |
| 2005 | 1.9% | -15.1% |
| 2006 | 2.0% | +8.7% |
| 2007 | 2.2% | +8.8% |
| 2008 | 3.0% | +33.9% |
| 2009 | 2.7% | -9.5% |
| 2010 | 2.4% | -11.6% |
| 2011 | 2.8% | +18.9% |
| 2012 | 3.1% | +10.2% |
| 2013 | 5.5% | +75.9% |
| 2014 | 10.6% | +92.6% |
| 2015 | 4.8% | -54.5% |
| 2016 | 2.2% | -53.8% |
| 2017 | 6.2% | +180.2% |
| 2018 | 2.7% | -56.1% |
| 2019 | 2.5% | -8.3% |
| 2020 | 5.4% | +115.1% |
| 2021 | 2.9% | -46.1% |
| 2022 | 3.8% | +31.7% |
| 2023 | 7.9% | +105.1% |
| 2024 | 7.7% | -2.4% |
Eswatini compared with similar countries
- Eswatini's 7.7% is below the median for lower middle income countries, which is 16.6%, 46% of the median. (43 countries reporting)
- Eswatini's 7.7% is below the median for Sub-Saharan Africa, which is 11.8%, 65% of the median. (44 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 1.7% | 1.2% | 2.4% | 6 |
| 1980s | 6.3% | 3.9% | 9.7% | 10 |
| 1990s | 2.7% | 1.5% | 5.4% | 10 |
| 2000s | 2.2% | 1.7% | 3.0% | 10 |
| 2010s | 4.3% | 2.2% | 10.6% | 10 |
| 2020s | 5.5% | 2.9% | 7.9% | 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 total debt service in Eswatini?
- Total debt service in Eswatini was 7.7% in 2024, according to International Debt Statistics, World Bank (WB).
- What is the highest total debt service recorded in Eswatini?
- The highest recorded value was 10.6% in 2014.
- What is the lowest total debt service recorded in Eswatini?
- The lowest recorded value was 1.2% in 1976.
- How does Eswatini rank for total debt service?
- Eswatini ranks 94th out of 120 countries with data for 2024.
- Is total debt service rising or falling in Eswatini?
- Over the last ten years it is down 27.5%. 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 Total debt service (% of exports of goods, services and primary income). Statizoid updates them automatically from the source API.
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About this data
Total debt service to exports of goods, services and primary income. Total debt service is the sum of principal repayments and interest actually paid in currency, goods, or services on long-term debt, interest paid on short-term debt, and repayments (repurchases and charges) to the IMF.