Africazine:
Eswatini’s economic growth is projected to rise in 2025, reflecting a positive trend in Sub-Saharan Africa.
The World Bank estimates that Eswatini’s growth will reach 4.0 percent in 2025, up from 3.7 percent in 2024. This improvement is attributed to moderating inflation and higher commodity prices, particularly for gold, precious metals, and coffee, which have enhanced fiscal revenues across several nations.
Eswatini’s Growth Supported by Commodity Prices
The World Bank highlights that the economic performance in Sub-Saharan Africa is varied. While growth is slowing for industrial commodity exporters, it is strengthening in other areas. Notably, Nigeria and South Africa are experiencing firming growth, contrasting with Ethiopia, where growth is moderating.
In Eswatini, the rise in commodity prices is a significant factor driving fiscal revenues. The country stands to benefit from the overall positive trends in the region, particularly as global demand for these commodities remains strong.
Eswatini: Key figures on economic growth
- 4.0 percent growth in 2025
- 3.7 percent growth in 2024
Future Growth Prospects for Eswatini
The World Bank cautions that future growth may be challenged by potential trade barriers, slow reform implementation, and ongoing violent conflicts. Additionally, weather shocks could further complicate the economic landscape.
Conversely, there are opportunities for growth through duty-free access to China, stronger global economic performance, and continued regional integration efforts.
Next Steps for Eswatini’s Economy
- Monitor the impact of commodity price fluctuations
- Assess the effects of trade barriers on growth
- Evaluate the implementation of economic reforms
Eswatini’s economic outlook shows promise with rising growth rates driven by favorable commodity prices.
