Trade in services in Eswatini
Eswatini: Trade in services was 16.0% in 2024. ▼ Falling
Trade in services in Eswatini, 1974–2024
Source: Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in % of GDP.
Analysis
Eswatini recorded 16.0% for trade in services in 2024.
The figure is up 14.9% on the previous year and up 77.7% over ten years.
Over the whole period, trade in services in Eswatini peaked at 38.5% in 2000 and was at its lowest, 5.8%, in 2019.
Eswatini ranks 122nd of 199 countries on this measure, in the middle of the range.
The long-run direction has been consistently falling across the 51 years of available data.
Trade in services in Eswatini, year by year
| Year | % of GDP | Change |
|---|---|---|
| 1974 | 19.6% | — |
| 1975 | 22.4% | +14.2% |
| 1976 | 24.9% | +11.3% |
| 1977 | 24.7% | -0.6% |
| 1978 | 24.6% | -0.5% |
| 1979 | 27.8% | +13.0% |
| 1980 | 21.4% | -23.0% |
| 1981 | 24.9% | +16.2% |
| 1982 | 26.1% | +4.8% |
| 1983 | 24.2% | -7.4% |
| 1984 | 26.3% | +8.9% |
| 1985 | 25.0% | -4.9% |
| 1986 | 20.5% | -18.1% |
| 1987 | 26.1% | +27.5% |
| 1988 | 24.8% | -5.0% |
| 1989 | 26.1% | +5.2% |
| 1990 | 26.0% | -0.6% |
| 1991 | 23.7% | -8.8% |
| 1992 | 24.9% | +5.2% |
| 1993 | 26.9% | +7.8% |
| 1994 | 22.7% | -15.6% |
| 1995 | 22.8% | +0.6% |
| 1996 | 23.7% | +4.1% |
| 1997 | 21.6% | -8.8% |
| 1998 | 26.4% | +22.0% |
| 1999 | 18.2% | -30.9% |
| 2000 | 38.5% | +111.1% |
| 2001 | 25.3% | -34.3% |
| 2002 | 25.4% | +0.4% |
| 2003 | 29.2% | +15.0% |
| 2004 | 21.0% | -28.2% |
| 2005 | 19.6% | -6.6% |
| 2006 | 20.2% | +3.4% |
| 2007 | 29.5% | +45.8% |
| 2008 | 28.0% | -5.1% |
| 2009 | 21.9% | -21.6% |
| 2010 | 21.3% | -2.9% |
| 2011 | 6.3% | -70.3% |
| 2012 | 6.8% | +6.9% |
| 2013 | 5.8% | -14.2% |
| 2014 | 9.0% | +54.8% |
| 2015 | 7.0% | -22.1% |
| 2016 | 7.0% | -0.0% |
| 2017 | 10.4% | +48.1% |
| 2018 | 7.1% | -31.4% |
| 2019 | 5.8% | -18.7% |
| 2020 | 6.2% | +7.2% |
| 2021 | 6.4% | +3.7% |
| 2022 | 8.1% | +25.8% |
| 2023 | 13.9% | +71.9% |
| 2024 | 16.0% | +14.9% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 24.0% | 19.6% | 27.8% | 6 |
| 1980s | 24.5% | 20.5% | 26.3% | 10 |
| 1990s | 23.7% | 18.2% | 26.9% | 10 |
| 2000s | 25.9% | 19.6% | 38.5% | 10 |
| 2010s | 8.6% | 5.8% | 21.3% | 10 |
| 2020s | 10.1% | 6.2% | 16.0% | 5 |
Countries ranked near Eswatini
- 119 Cambodia 16.7% compare
- 120 Burundi 16.5% compare
- 121 Bosnia and Herzegovina 16.4% compare
- 123 Madagascar 15.9% compare
- 124 Dominican Republic 15.8% compare
- 125 Trinidad and Tobago 15.7% compare
More economy & growth data for Eswatini
- Manufacturing, value added (constant LCU), per capita 17,289 constant LCU per person (2025)
- Industry (including construction), value added (current US$), annual 2.67 % change on previous year (2025)
- Industry (including construction), value added (current US$), per 0.3358 current US$ per US$ of GDP (2025)
- Industry (including construction), value added (current US$), per 1,380 current US$ per person (2025)
- Industry (including construction), value added (current LCU), annual 0.2707 % change on previous year (2025)
- Industry (including construction), value added (current LCU), per 6.01 current LCU per US$ of GDP (2025)
- Industry (including construction), value added (current LCU), per 24,679 current LCU per person (2025)
- Industry (including construction), value added (constant 2015 US$) 2.16 % change on previous year (2025)
- Industry (including construction), value added (constant 2015 US$) 0.349 constant 2015 US$ per US$ of GDP (2025)
- Industry (including construction), value added (constant 2015 US$) 1,434 constant 2015 US$ per person (2025)
Frequently asked questions
- What is trade in services in Eswatini?
- Trade in services in Eswatini was 16.0% in 2024, according to Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF).
- What is the highest trade in services recorded in Eswatini?
- The highest recorded value was 38.5% in 2000.
- What is the lowest trade in services recorded in Eswatini?
- The lowest recorded value was 5.8% in 2019.
- How does Eswatini rank for trade in services?
- Eswatini ranks 122nd out of 199 countries with data for 2024.
- Is trade in services rising or falling in Eswatini?
- Over the last ten years it is up 77.7%. The long-run trend across the full record is falling.
- Where does this Eswatini data come from?
- The figures come from Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF), published as part of Trade in services (% of GDP). Statizoid updates them automatically from the source API.
Download this data
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About this data
Total trade in services includes services provided by residents to non-residents plus services provided by non-residents to residents. 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.