Current Account Balance: Eswatini
Eswatini's current account balance is currently -1.4 % of GDP as of 2026. # Eswatini Current Account Balance Eswatini's current account balance stands at -1.
Current (2026)
-1.4 % of GDP
+17.6% y/y
Peak (2015)
13.5 % of GDP
Low (1980)
-17.7 % of GDP
Source
IMF World Economic Outlook
1980–2026 · 51 pts
Current Account Balance — Eswatini
1980 — 2026
Current Account Balance — Eswatini
Analysis# Eswatini Current Account Balance
Eswatini's current account balance stands at -1.4% of GDP in 2026, reflecting a modest deficit in its external accounts. This marks a significant decline from the all-time peak of 13.5% in 2015, though the country remains well above its historical low of -17.7% recorded in 1980. Over the 50-year span from 1980 to 2026, the current account has improved by 92.1 percentage points, indicating substantial structural shifts in Eswatini's economic position.
The recent trend reveals volatility following 2015's peak, with the balance fluctuating between surpluses and deficits. A notable deterioration began in 2022, dropping to -2.7% before recovering slightly in 2023 to 2.4%. The trajectory since then shows a return to deficit territory, suggesting structural headwinds in the balance of trade and capital flows. The projected -1.4% for 2026 indicates persistent external imbalances despite modest improvements from 2022's low.
Historical Data
51 Rows| Year | Value | Change % |
|---|---|---|
| 2030 | 0.5 % of GDP | +66.67% |
| 2029 | 0.3 % of GDP | +200.00% |
| 2028 | 0.1 % of GDP | +133.33% |
| 2027 | -0.3 % of GDP | +78.57% |
| 2026 | -1.4 % of GDP | +17.65% |
| 2025 | -1.7 % of GDP | -230.77% |
| 2024 | 1.3 % of GDP | -45.83% |
| 2023 | 2.4 % of GDP | +188.89% |
| 2022 | -2.7 % of GDP | -200.00% |
| 2021 | 2.7 % of GDP | -60.29% |
| 2020 | 6.8 % of GDP | +78.95% |
| 2019 | 3.8 % of GDP | +171.43% |
| 2018 | 1.4 % of GDP | -77.42% |
| 2017 | 6.2 % of GDP | -23.46% |
| 2016 | 8.1 % of GDP | -40.00% |
| 2015 | 13.5 % of GDP | +13.45% |
| 2014 | 11.9 % of GDP | +6.25% |
| 2013 | 11.2 % of GDP | +115.38% |
| 2012 | 5.2 % of GDP | +186.67% |
| 2011 | -6 % of GDP | +33.33% |
Show all 51 rows
| Year | Value | Change % |
|---|---|---|
| 2010 | -9 % of GDP | +24.37% |
| 2009 | -11.9 % of GDP | -65.28% |
| 2008 | -7.2 % of GDP | -278.95% |
| 2007 | -1.9 % of GDP | +69.35% |
| 2006 | -6.2 % of GDP | -87.88% |
| 2005 | -3.3 % of GDP | -222.22% |
| 2004 | 2.7 % of GDP | -35.71% |
| 2003 | 4.2 % of GDP | +75.00% |
| 2002 | 2.4 % of GDP | +300.00% |
| 2001 | 0.6 % of GDP | +122.22% |
| 2000 | -2.7 % of GDP | -42.11% |
| 1999 | -1.9 % of GDP | +64.15% |
| 1998 | -5.3 % of GDP | -5200.00% |
| 1997 | -0.1 % of GDP | +96.55% |
| 1996 | -2.9 % of GDP | -81.25% |
| 1995 | -1.6 % of GDP | -1700.00% |
| 1994 | 0.1 % of GDP | +102.27% |
| 1993 | -4.4 % of GDP | -51.72% |
| 1992 | -2.9 % of GDP | -176.32% |
| 1991 | 3.8 % of GDP | -9.52% |
| 1990 | 4.2 % of GDP | -46.84% |
| 1989 | 7.9 % of GDP | -20.20% |
| 1988 | 9.9 % of GDP | +22.22% |
| 1987 | 8.1 % of GDP | +376.47% |
| 1986 | 1.7 % of GDP | +121.25% |
| 1985 | -8 % of GDP | +37.01% |
| 1984 | -12.7 % of GDP | +15.33% |
| 1983 | -15 % of GDP | +8.54% |
| 1982 | -16.4 % of GDP | -56.19% |
| 1981 | -10.5 % of GDP | +40.68% |
| 1980 | -17.7 % of GDP | — |
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