Current Account to GDP in Swaziland increased to 3.80 percent in 2019 from 0.90 percent in 2018. source: Central Bank of Swaziland

Current Account to GDP in Swaziland averaged -2.11 percent from 1974 until 2019, reaching an all time high of 17.87 percent in 1975 and a record low of -28.95 percent in 1979. This page provides the latest reported value for - Swaziland Current Account to GDP - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. Swaziland Current Account to GDP - values, historical data and charts - was last updated on October of 2021.

Current Account to GDP in Swaziland is expected to reach 4.60 percent of GDP by the end of 2021, according to Trading Economics global macro models and analysts expectations. In the long-term, the Swaziland Current Account to GDP is projected to trend around 2.00 percent of GDP in 2022 and 4.70 percent of GDP in 2023, according to our econometric models.

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Swaziland Current Account to GDP


Swaziland Current Account to GDP
The Current account balance as a percent of GDP provides an indication on the level of international competitiveness of a country. Usually, countries recording a strong current account surplus have an economy heavily dependent on exports revenues, with high savings ratings but weak domestic demand. On the other hand, countries recording a current account deficit have strong imports, a low saving rates and high personal consumption rates as a percentage of disposable incomes.

Swaziland Last Unit Reference Previous Highest Lowest
Balance of Trade 1101.00 SZL Million Dec/20 1778.10 1898.20 -1074.80
Current Account to GDP 7.00 percent of GDP Dec/20 4.30 17.87 -28.95
Current Account -342.90 SZL Million Dec/20 1575.60 3612.90 -3454.50
Imports 7174.50 SZL Million Dec/20 6458.70 52487.00 1665.80
Exports 8275.50 SZL Million Dec/20 8236.80 8275.50 1499.90