Country
Eswatini SWZ
score date 2026-10-10 · 30d +0.2
Seven dimensions
Credibility gap92.2
IMF / national CPI · as of 2026-10-10 · coverage: bronze
Behind the curve—
BIS policy rates + CPI · as of 2026-10-10 · coverage: bronze
Communication—
Central-bank statements · as of 2026-10-10 · coverage: bronze
Geopolitical46.4
GDELT · as of 2026-10-10 · coverage: bronze
Growth40.5
World Bank WDI / IMF WEO · as of 2026-10-10 · coverage: bronze
Liquidity56.4
IMF BOP / BIS / FRED · as of 2026-10-10 · coverage: bronze
Governance32.9
World Bank WGI · as of 2026-10-10 · coverage: bronze
Eswatini sovereign credibility, in brief
Eswatini scores 56.6 out of 100 on the composite sovereign credibility index — credibility band 50–65. That ranks it 16 of 43 in Sub-Saharan Africa, the 65th percentile of the region. The score is unchanged over the past seven days. CPI 3.5% (implicit target) — credibility under pressure (57/100).
As of 2026-10-10 · scored daily from public data under methodology v8
Peer context
Rank 16/43 in Sub-Saharan Africa · 65th percentile
Region avg 49.3 · best 61.7 · worst 14.1
Ranked either side
- Cabo Verde 57.2
- Chad 56.7
- Togo 56.3
- Gambia, The 55.7
90-day trend
External pulse
- Commodity terms-of-trade, 12m change
- -4.0%
- as of 2026-10-11
Terms-of-trade: IMF Commodity Terms of Trade
Key indicators
External & activity
| Current account (% GDP) | 2.4% | 2025-12-31 | World Bank |
| FDI inflows (% GDP) | 1.0% | 2025-12-31 | World Bank |
| GDP growth, annual | 4.2% | 2025-12-31 | World Bank |
| Nightlights radiance (monthly sum) | 31.5K | 2025-12-01 | World Bank / NASA Black Marble |
| Nightlights radiance, YoY | 2.3% | 2025-12-01 | derived |
| Remittances (% GDP) | 0.7% | 2025-12-31 | World Bank |
| Reserves (months of imports) | 1.9 mo | 2024-12-31 | World Bank |
| Trade openness (% GDP) | 107.5% | 2024-12-31 | World Bank |
| Unemployment rate | 34.2% | 2025-12-31 | World Bank |
| Unemployment rate (ILO) | 34.3% | 2023-12-31 | ILO |
Structure
| External debt (% GNI) | 27.8% | 2024-12-31 | World Bank |
| GDP per capita (USD) | $4,108 | 2025-12-31 | World Bank |
| Government debt (% GDP) | 35.7% | 2021-12-31 | World Bank |
| Labor force participation | 51.0% | 2023-12-31 | ILO |
| WGI: control of corruption | -0.8 | 2025-12-31 | World Bank |
| WGI: government effectiveness | -0.8 | 2025-12-31 | World Bank |
| WGI: political stability | -0.6 | 2025-12-31 | World Bank |
| WGI: regulatory quality | -0.7 | 2025-12-31 | World Bank |
| WGI: rule of law | -0.8 | 2025-12-31 | World Bank |
| WGI: voice & accountability | -1.5 | 2025-12-31 | World Bank |
Nightlights: World Bank / NASA Black Marble VIIRS (CC BY 4.0)
Follow the moves
Every figure above is recomputed daily from public data, with the source and as-of date shown for each one. The weekly briefing says which scores moved, and why.