Inflation Rate (CPI): Eswatini
Eswatini's inflation rate (cpi) is currently 4.0% as of 2026. # Eswatini Inflation Rate (CPI) Eswatini's inflation rate stands at 4% in 2026, reflecting moderate price stability in the country's economy.
Current (2026)
4.0%
+14.3% y/y
Peak (1985)
20.5%
Low (2019)
2.6%
Source
IMF World Economic Outlook
1980–2026 · 51 pts
Inflation Rate (CPI) — Eswatini
1980 — 2026
Inflation Rate (CPI) — Eswatini
Analysis# Eswatini Inflation Rate (CPI)
Eswatini's inflation rate stands at 4% in 2026, reflecting moderate price stability in the country's economy. This figure represents a dramatic 78% decline from 1980 levels, underscoring decades of improved monetary control. The nation experienced its peak inflation of 20.5% in 1985, but has since avoided such volatility. At the opposite end, inflation reached an all-time low of 2.6% in 2019, demonstrating the economy's capacity for price restraint.
The period from 2017 to 2026 reveals a stabilized inflation environment hovering between 2.6% and 4.9%. After bottoming out in 2019, inflation gradually rose to 4.9% by 2023, then moderated to 4% in 2024 before settling at 3.5% in 2025. The projected 2026 rate of 4% suggests Eswatini's policymakers expect to maintain inflation within a narrow, predictable band, indicating sustained economic management and reduced price pressures ahead.
Historical Data
51 Rows| Year | Value | Change % |
|---|---|---|
| 2030 | 3.0% | -6.25% |
| 2029 | 3.2% | -5.88% |
| 2028 | 3.4% | -10.53% |
| 2027 | 3.8% | -5.00% |
| 2026 | 4.0% | +14.29% |
| 2025 | 3.5% | -12.50% |
| 2024 | 4.0% | -18.37% |
| 2023 | 4.9% | +2.08% |
| 2022 | 4.8% | +29.73% |
| 2021 | 3.7% | -5.13% |
| 2020 | 3.9% | +50.00% |
| 2019 | 2.6% | -45.83% |
| 2018 | 4.8% | -22.58% |
| 2017 | 6.2% | -20.51% |
| 2016 | 7.8% | +56.00% |
| 2015 | 5.0% | -12.28% |
| 2014 | 5.7% | +1.79% |
| 2013 | 5.6% | -37.08% |
| 2012 | 8.9% | +45.90% |
| 2011 | 6.1% | +35.56% |
Show all 51 rows
| Year | Value | Change % |
|---|---|---|
| 2010 | 4.5% | -39.19% |
| 2009 | 7.4% | -41.73% |
| 2008 | 12.7% | +56.79% |
| 2007 | 8.1% | +55.77% |
| 2006 | 5.2% | +6.12% |
| 2005 | 4.9% | +40.00% |
| 2004 | 3.5% | -52.05% |
| 2003 | 7.3% | -38.66% |
| 2002 | 11.9% | +58.67% |
| 2001 | 7.5% | -24.24% |
| 2000 | 9.9% | +67.80% |
| 1999 | 5.9% | -21.33% |
| 1998 | 7.5% | -5.06% |
| 1997 | 7.9% | +23.44% |
| 1996 | 6.4% | -47.97% |
| 1995 | 12.3% | -10.87% |
| 1994 | 13.8% | +15.00% |
| 1993 | 12.0% | +57.89% |
| 1992 | 7.6% | -14.61% |
| 1991 | 8.9% | -32.06% |
| 1990 | 13.1% | +74.67% |
| 1989 | 7.5% | -63.24% |
| 1988 | 20.4% | +52.24% |
| 1987 | 13.4% | -2.19% |
| 1986 | 13.7% | -33.17% |
| 1985 | 20.5% | +58.91% |
| 1984 | 12.9% | +11.21% |
| 1983 | 11.6% | +7.41% |
| 1982 | 10.8% | -46.27% |
| 1981 | 20.1% | +10.44% |
| 1980 | 18.2% | — |
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