Eswatini—Fiscal Balance (% of GDP)
Category: Fiscal & MonetarySource: IMF World Economic Outlook ↗Global Rank: #170 of 192Updated August 2026
Latest Value
-2.7%
2031
YoY Change
+12.9%
2030 → 2031
Global Rank
#170
of 192 countries
Maximum
8.7%
2006
Minimum
-9.3%
2010
Last
-2.7%
Previous
-3.1%
Highest
8.7%
Lowest
-9.3%
Unit
Percent of GDP
Source
IMF World Economic Outlook
Eswatini's fiscal balance (% of GDP) was -6.9% in 2026, ranking #170 out of 192 countries. This represents a +12.9% change from 2030. Over the past 27 years, the highest recorded value was 8.7% (2006) and the lowest was -9.3% (2010). The IMF WEO projects -2.7% by 2031. Data sourced from the IMF World Economic Outlook.
Actual
IMF Forecast
Source: IMF World Economic Outlook
Historical Data
| Year | Value | Change |
|---|---|---|
| 2031 | -2.7% | +12.9% |
| 2030 | -3.1% | +11.4% |
| 2029 | -3.5% | +14.6% |
| 2028 | -4.1% | +19.6% |
| 2027 | -5.1% | +26.1% |
| 2026 | -6.9% | -13.1% |
| 2025 | -6.1% | -454.5% |
| 2024 | -1.1% | -57.1% |
| 2023 | -0.7% | +86.8% |
| 2022 | -5.3% | -15.2% |
| 2021 | -4.6% | -9.5% |
| 2020 | -4.2% | +32.3% |
| 2019 | -6.2% | +6.1% |
| 2018 | -6.6% | -17.9% |
| 2017 | -5.6% | +33.3% |
| 2016 | -8.4% | -42.4% |
| 2015 | -5.9% | -391.7% |
| 2014 | -1.2% | -300.0% |
| 2013 | 0.6% | -82.4% |
| 2012 | 3.4% | +187.2% |
| 2011 | -3.9% | +58.1% |
| 2010 | -9.3% | -210.0% |
| 2009 | -3.0% | -287.5% |
| 2008 | 1.6% | -33.3% |
| 2007 | 2.4% | -72.4% |
| 2006 | 8.7% | +611.8% |
| 2005 | -1.7% | +57.5% |
| 2004 | -4.0% | -90.5% |
| 2003 | -2.1% | +43.2% |
| 2002 | -3.7% | -68.2% |
| 2001 | -2.2% | -83.3% |
| 2000 | -1.2% |
IMF Forecast
Projections from the IMF World Economic Outlook. These are staff estimates, not guarantees.
| Year | Projected Value | Change from Previous |
|---|---|---|
| 2026Forecast | -6.9% | -13.1% |
| 2027Forecast | -5.1% | +26.1% |
| 2028Forecast | -4.1% | +19.6% |
| 2029Forecast | -3.5% | +14.6% |
| 2030Forecast | -3.1% | +11.4% |
| 2031Forecast | -2.7% | +12.9% |
Top Countries — Fiscal Balance (% of GDP)
| # | Country | Value | Year |
|---|---|---|---|
| 1 | Kuwait | 27.6% | 2026 |
| 2 | Naoero | 13.1% | 2026 |
| 3 | Norway | 10.2% | 2026 |
| 4 | Oman | 5.2% | 2026 |
| 5 | United Arab Emirates | 4.9% | 2026 |
| 6 | Macao SAR, China | 4.2% | 2026 |
| 7 | Lesotho | 4.2% | 2026 |
| 8 | Singapore | 3.3% | 2026 |
| 9 | Lebanon | 3.3% | 2025 |
| 10 | Liechtenstein | 3.0% | 2026 |
About This Indicator
Definition
General government net lending/borrowing as a percentage of GDP. A positive value indicates a fiscal surplus; negative indicates a deficit.
Methodology
Revenue minus expenditure minus net acquisition of nonfinancial assets, as a percentage of GDP. A comprehensive measure of the fiscal balance.
Unit
Percent of GDP