Eswatini vs Mozambique

Eswatini vs Mozambique: Government debt

Government debt: 44.8% of GDP in Eswatini in 2025 and 90.8% of GDP in Mozambique in 2023, by IMF estimates. In 2023 the value was higher in Mozambique, by 51.4 percentage points, or 2.3 times that in Eswatini.

% of GDP · IMF

Eswatini vs Mozambique: Government debtGovernment debt: 44.8% of GDP in Eswatini in 2025 and 90.8% of GDP in Mozambique in 2023, by IMF estimates. In 2023 the value was higher in Mozambique, by 51.4 percentage points, or 2.3 times that in Eswatini.
EswatiniMozambiqueIMF projection (World Economic Outlook, October 2026)

What the numbers say

  • Mozambique has been higher in every year both have figures for since 1999.
  • The IMF projection (World Economic Outlook, October 2026) puts Eswatini at 48% of GDP and Mozambique at 98.7% of GDP in 2031.

Every year

% of GDP · IMF

YearEswatiniMozambique
202544.890.3
20244091.2
202339.590.8
202239.597.3
202137.4101.4
202037.7120
201930.598.3
201826.5105.5
201721.7103.8
201620.1124.8
20151686
201414.163.4
201315.249.5
201214.836.7
201114.634.2
201014.238.6
200910.639.3
200814.632.8
200716.231.2
200614.740
200513.660.1
20041550.8
200317.763.2
200217.263.4
200121.799.8
200018.295.8
199916.794.7
199815.6–
199712.7–
199611.5–
199512.5–
199413.1–
199315–
  • 12.3Projected
IMF projection (World Economic Outlook, October 2026) · 2026–2031
YearEswatiniMozambique
202652.591
202754.498.6
202854.3104.8
202953.7109.8
203051.3108.8
20314898.7

Each country on its own

Good to know

  • What the government owes, as a share of the economy’s yearly output.
  • Source: IMF, World Economic Outlook, October 2026.
  • The dashed line is the IMF projection (World Economic Outlook, October 2026), a scenario rather than a forecast.
  • Ranks count the 149 countries with a value in 2025, highest first.

How the layers work, where their data comes from and what they can’t tell you: Countries through time

Eswatini vs Mozambique

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