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Eswatini Trade (% GDP)

Eswatini's trade (% GDP) rose to 100.09% in 2023, up from 92.68% in 2022, according to World Bank. This represents an increase of 7.41% from the previous year. Eswatini has trade (% GDP) higher than the global median (100.09% vs median 84.49%). Compared with the median in Africa, Eswatini is higher (100.09% vs regional median 62.95%) and ranks 8th out of 48 countries in Africa.

Yearly Historical Data (2013-2023)

(in %)
Year Trade (% GDP)
2023 100.09%
2022 92.68%
2021 90.33%
2020 84.3%
2019 86.64%
2018 85.48%
2017 86.86%
2016 89.31%
2015 88.24%
2014 91.6%
2013 85.18%
Eswatini Trade (% GDP) : Definition
Trade (% GDP) measures the sum of exports and imports for Eswatini divided by its total economic output, shown as a percentage.
Indicator Last Value Prior Value Period
Annual Exports $2.1B $1.99B 2023
Annual Imports $2.04B $2.12B 2023
Exports (% GDP) 48.68% 44.55% 2023
FDI Inflows (% GDP) 0.61% 0.28% 2023
Imports (% GDP) 51.41% 48.13% 2023
Net Trade (Goods & Services, BoP) -$176.19M -$193.68M 2023
Tariff Rate 4.74% 7.18% 2022