Eswatini

Government debt in Eswatini

Government debt in Eswatini: 15% of GDP in 1993 and 44.8% of GDP in 2025, by IMF estimates.

Latest, 2025
44.8% of GDP
Since 1993
+29.9 percentage points
Rank, 2025
92 of 149
counting from the highest
Projected, 2031
48% of GDP
IMF projection (World Economic Outlook, October 2026)

% of GDP · IMF

Government debt in EswatiniGovernment debt in Eswatini: 15% of GDP in 1993 and 44.8% of GDP in 2025, by IMF estimates. The IMF projection (World Economic Outlook, October 2026) puts it at 48% of GDP in 2031.
Estimates, IMFIMF projection (World Economic Outlook, October 2026)

What the numbers say

  • The IMF projection (World Economic Outlook, October 2026) puts it at 48% of GDP in 2031.
  • The highest was 44.8% of GDP in 2025, the lowest 10.6% of GDP in 2009.

Every year

% of GDP · IMF

YearEswatini
202544.8
202440
202339.5
202239.5
202137.4
202037.7
201930.5
201826.5
201721.7
201620.1
201516
201414.1
201315.2
201214.8
201114.6
201014.2
200910.6
200814.6
200716.2
200614.7
200513.6
200415
200317.7
200217.2
200121.7
200018.2
199916.7
199815.6
199712.7
199611.5
199512.5
199413.1
199315
IMF projection (World Economic Outlook, October 2026) · 2026–2031
YearEswatini
202652.5
202754.4
202854.3
202953.7
203051.3
203148

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 in numbers

Every measure for Eswatini on one page

Health

People

Economy

Education

Politics

Conflict

Military

Climate

Technology and environment

Other places nearby