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eSwatini Economic Outlook

Real GDP growth was estimated at 1.4% in 2019, an appreciable decline from 2.4% in 2018. Economic activity was supported by growth in manufacturing and agriculture, which stabilized following a regional drought in 2015–16. Unabated fiscal challenges impeded domestic demand and generated large domestic arrears that constrained private sector activity linked to government, thus inhibiting economic growth. Construction has contracted since 2017, while services weakened due to poor performance by the wholesale, retail, and public administration subsectors.

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Key Facts

Capital: Mbabane
Area: 17,000 sq km
Total Population 2017: 1.3 Million...
Urban Population 2017: 73.50%
Female Population 2017: 49.70%
GDP: US$ 3.3 Billion
GNI Per Capita 2015: US$ 3,230
Inflation Rate: 110.69%
Crude Birth Rate (per 1000): 28.50%
Human Development Index (rank / 188): 148
Human Development Index (scale 0 to 1): 0.541
Membership Date: 26/07/1971
Cumulative Approvals (1967-2016): UA 390.4 Million

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