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Insights Centre
Country profile · compared with SADC

Eswatini

SADCCOMESACurrency SZL

Eswatini is home to 1.3m people (2025) and has an economy of $5.2bn (2025), the 13th largest in SADC. Output per person of $4,108 is above the regional median of $2,539. The economy grew 4.2% in 2025, and the IMF expects 3.7% in 2026. Inflation was 2.6% in 2019, below the regional median of 3.6%. 89.3% of people have electricity (2024).

Where Eswatini stands out

  • Manufacturing, value addedManufacturing creates formal jobs and export diversification.Highest of 16 in SADC. Select for the data card.
    Highest of 16 in SADC
  • Current account balancePersistent large deficits must be financed by capital inflows.2nd highest of 16 in SADC. Select for the data card.
    2nd highest of 16 in SADC
  • Adults without an accountThe size of the unserved market for fintech, savings, credit and insurance products.2nd lowest of 15 in SADC. Select for the data card.
    2nd lowest of 15 in SADC

What to watch

  • UnemploymentHigh unemployment means available labour but also weak demand and social pressure.Highest of 15 in SADC. Select for the data card.
    Highest of 15 in SADC
  • Voice and accountabilityTends to predict how peacefully power changes hands and how predictable policy is after elections.Lowest of 16 in SADC. Select for the data card.
    Lowest of 16 in SADC
  • Electoral democracy indexSignals how contestable power is, and so how likely a change of government, and of policy, is through the ballot box.Lowest of 16 in SADC. Select for the data card.
    Lowest of 16 in SADC

Eswatini scores best on digital, finance and weakest on unmet demand


Scores from 0 to 100 by rank within SADC, against the SADC median. 100 means best in the region on that pillar.

EswatiniSADC median
Market sizeGrowthStabilityInfrastructureDigital,financeGovernanceUnmetdemand36437060713211
Source: Investor Lens method·dotzedw Insights Centre

The IMF expects Eswatini to grow 3.7% in 2026


Real GDP growth, per cent a year. Open bars are IMF forecasts.

ActualIMF forecast
0.0%1.0%2.0%3.0%4.0%5.0%4.2%20253.7%20263.4%20273.4%2028

Ten years of history are free with a Reader account.

Source: IMF·dotzedw Insights Centre

Farming employs 15% of workers but produces 6% of output


Share of jobs in each broad sector against its share of GDP, latest year. A sector with far more jobs than output has low productivity and room to grow.

Share of jobsShare of GDP
0%20%40%60%Agriculture15%6%8 pts apartIndustry27%34%7 pts apartServices59%52%6 pts apart
Source: World Bank, ILO·dotzedw Insights Centre

Key figures

The bar under each figure places it among the 16 countries of SADC, lowest on the left. Hover for context; select for the data card.

Eswatini on the map

Its 4 regions and 53 tinkhundla, shaded by population, power, water, transport and more; circles sized by value; or power lines, roads and masts on a street map.

Open the full map
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How Eswatini generates electricity


Share of electricity generation by source, latest year.

CoalGasOilWindNuclearBioenergy and otherHydroSolar

No electricity data for Eswatini.

The history of the power mix is part of the Individual plan

US$19 a month or US$190 a year. Subscribe on dotzedw.com and you come straight back to this page with Individual access. Already a member? Sign in with your dotzedw.com account.

Source: Ember, Energy Institute· Get the data (Professional)·dotzedw Insights Centre

Politics, parliament and elections

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King Mswati III is head of state and appoints the Prime Minister, the cabinet, part of both chambers and senior judges. Parliament is chosen under the non-party tinkhundla system: candidates stand as individuals and political parties cannot contest elections, although some exist. Pro-democracy protests in 2021 were suppressed with lethal force.

King (Ngwenyama)
Mswati III, since 25 Apr 1986
Prime Minister
Russell Mmiso Dlamini, since 3 Nov 2023
How the executive is chosen
The King appoints the Prime Minister and cabinet
Term and limits
The King reigns for life; parliament serves five years
In power since
1986 (40 years)
Political parties were banned in 1973; the 2005 Constitution does not provide for them to contest elections.
Next national election
2028 (parliamentary)

59 of the 74 members of the House of Assembly are elected


House of Assembly, seats as of October 2023. Non-party (Tinkhundla); 5-year term

74seatsMajority 38 (dashed lines)
  • ELEC59
  • KING10
  • OTHM5
How seats are filled
59 members are elected in single-member tinkhundla constituencies, in a primary at chiefdom level and a secondary vote. Ten members appointed by the King, four women elected by the House when fewer than 30% of members are women, and the Attorney General ex officio.
Powers
Passes laws and the budget, which the King must assent to; it can pass a vote of no confidence in the cabinet.
Elections
Last 29 Sept 2023; next 2028
Source: 2023 Eswatini general election (Wikipedia)·dotzedw Insights Centre

No members of the Senate are elected


Senate, seats as of October 2023. Appointed; 5-year term

30seatsMajority 16 (dashed lines)
  • SENK20
  • SENE10
How seats are filled
Indirectly elected and appointed. Ten senators elected by the House of Assembly and 20 appointed by the King.
Powers
Reviews bills; a joint sitting settles disagreements with the House.
Elections
Last October 2023; next 2028
Source: Constitution of the Kingdom of Eswatini (2005)·dotzedw Insights Centre

What the record shows

  • Parties cannot contest elections in Eswatini, so there is no party record to track; power rests with the monarchy.
  • V-Dem's clean elections score is 38 out of 100, up from 28 in 2015.

Parliamentary elections


Every lower-house election since 1990: the largest party's share of the vote and of the seats, and turnout of registered voters. Open circles mark a change of government.

Largest party: votesLargest party: seatsTurnout
0%20%40%60%80%100%20182019HalfTwo thirds60.5%Turnout
Source: Official results, V-Dem·dotzedw Insights Centre

Every national election

DateElectionResultTurnoutNotes
29 Sept 2023House of Assemblyn/aBoycott
2018Parliament60.5% V-Dem
20 Sept 2013Parliamentindependent 55 seats; tech 10 seatsn/a V-Dem
19 Sept 2008Parliamentindependent 55 seatsn/aChange of power V-Dem
18 Oct 2003Parliamentindependent 55 seatsn/aChange of power V-Dem
24 Oct 1998Parliamentindependent 55 seatsn/a V-Dem

Checked 30 Sept 2026. Not yet recorded: Registration and turnout for 2023 are not recorded; V-Dem's figures are used where available. The number of women members elected under the gender provision after 2023 is taken as four; not confirmed.

Election calendar

All elections

Hover a vote for its result and what it means.

  • 2028
    Eswatini: Parliamentary electionNo analysis written for this vote yet.Sources: Wikipedia
    Expected
  • 29 Sept 2023
    Eswatini: Parliamentary electionResult: Tinkhundla elections for the House of Assembly; political parties cannot contest. Executive power remains with the king.No analysis written for this vote yet.Sources: Wikipedia
    Held

Deals and projects

Every deal in Eswatini

No deals in Eswatini among the latest headlines.

Individual Every deal record with its parties, value, stage and sources.

dotzedw analysis on Eswatini

All analysis

Sources and method