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Government debt

Eswatini

Eswatini. General government gross debt. Put borrowing in the context of the economy and explore how it has changed over time.

Debt / GDP · 202544.8%History / IMF estimates
Debt, US$ bn · 20252.3History / IMF estimates
Per person, US$ · 20251,859History / IMF estimates
GDP, US$ bn · 20255.2History / IMF estimates

What the figures show

History / IMF estimates

Eswatini: IMF data and estimates put government debt at 44.8% of GDP in 2025. The derived debt amount is US$ 2.3 billion.

  • The debt-to-GDP ratio is 4.8 percentage points above its 2024 level.
  • This is below the median of 52.85% of GDP across 192 countries with data for the selected year.
  • Over 2015–2025, the debt-to-GDP ratio increases by 28.8 percentage points.

The median is not weighted by economic size. A change in the debt-to-GDP ratio does not necessarily imply the same change in the debt amount. About the data ↗

Government debt over time

Debt as % of GDP. Dashed lines: current-year estimate/projection and future projections.

Government debt over time02550751002000200520102015202020252031Eswatini · 2000: 18.2% — History / IMF estimatesEswatini · 2001: 21.7% — History / IMF estimatesEswatini · 2002: 17.2% — History / IMF estimatesEswatini · 2003: 17.7% — History / IMF estimatesEswatini · 2004: 15.0% — History / IMF estimatesEswatini · 2005: 13.6% — History / IMF estimatesEswatini · 2006: 14.7% — History / IMF estimatesEswatini · 2007: 16.1% — History / IMF estimatesEswatini · 2008: 14.6% — History / IMF estimatesEswatini · 2009: 10.6% — History / IMF estimatesEswatini · 2010: 14.2% — History / IMF estimatesEswatini · 2011: 14.6% — History / IMF estimatesEswatini · 2012: 14.8% — History / IMF estimatesEswatini · 2013: 15.2% — History / IMF estimatesEswatini · 2014: 14.1% — History / IMF estimatesEswatini · 2015: 16.0% — History / IMF estimatesEswatini · 2016: 20.1% — History / IMF estimatesEswatini · 2017: 21.7% — History / IMF estimatesEswatini · 2018: 26.5% — History / IMF estimatesEswatini · 2019: 30.5% — History / IMF estimatesEswatini · 2020: 37.7% — History / IMF estimatesEswatini · 2021: 37.3% — History / IMF estimatesEswatini · 2022: 39.5% — History / IMF estimatesEswatini · 2023: 39.4% — History / IMF estimatesEswatini · 2024: 40.0% — History / IMF estimatesEswatini · 2025: 44.8% — History / IMF estimatesEswatini · 2026: 52.5% — IMF estimate / projectionEswatini · 2027: 54.4% — IMF projectionEswatini · 2028: 54.3% — IMF projectionEswatini · 2029: 53.7% — IMF projectionEswatini · 2030: 51.3% — IMF projectionEswatini · 2031: 48.0% — IMF projection
Chart data table
YearEswatini (%)Source
203148.0IMF projection
203051.3IMF projection
202953.7IMF projection
202854.3IMF projection
202754.4IMF projection
202652.5IMF estimate / projection
202544.8History / IMF estimates
202440.0History / IMF estimates
202339.4History / IMF estimates
202239.5History / IMF estimates
202137.3History / IMF estimates
202037.7History / IMF estimates
201930.5History / IMF estimates
201826.5History / IMF estimates
201721.7History / IMF estimates
201620.1History / IMF estimates
201516.0History / IMF estimates
201414.1History / IMF estimates
201315.2History / IMF estimates
201214.8History / IMF estimates
201114.6History / IMF estimates
201014.2History / IMF estimates
200910.6History / IMF estimates
200814.6History / IMF estimates
200716.1History / IMF estimates
200614.7History / IMF estimates
200513.6History / IMF estimates
200415.0History / IMF estimates
200317.7History / IMF estimates
200217.2History / IMF estimates
200121.7History / IMF estimates
200018.2History / IMF estimates

The DataMapper API does not provide the actual/estimate cutoff for each country and series. Past years are therefore labelled history/IMF estimates, the current year estimate/projection, and later years projections. Historical values can be revised. There is no simulated real-time debt counter.

Source: IMF WEO · World Economic Outlook (October 2026) · Retrieved 2026-11-01. About the data