Inflation, GDP deflator: linked series (annual %) in Eswatini

Eswatini: Inflation, GDP deflator: linked series (annual %) was -0.4% in 2025. ◆ Volatile

Latest (2025)
-0.4%
Change on year
down 134.7%
World rank
194th
of 214 countries
All-time high
17.4%
in 1993
All-time low
-0.4%
in 2025
Years of data
36
1990–2025

Inflation, GDP deflator: linked series in Eswatini, 1990–2025

0510151990200720251990: 12.6 annual %1991: 8.8 annual %1992: 11.2 annual %1993: 17.4 annual %1994: 11 annual %1995: 16.6 annual %1996: 7.7 annual %1997: 11.3 annual %1998: 7.4 annual %1999: 5.4 annual %2000: 9.9 annual %2001: 8.3 annual %2002: 9.1 annual %2003: 5.9 annual %2004: 3.9 annual %2005: 6.2 annual %2006: 3.5 annual %2007: 5.2 annual %2008: 10.3 annual %2009: 10.2 annual %2010: 2.9 annual %2011: 5.5 annual %2012: 9.2 annual %2013: 6.2 annual %2014: 5.7 annual %2015: 5.3 annual %2016: 6.8 annual %2017: 4.9 annual %2018: 3.3 annual %2019: 2 annual %2020: 5.2 annual %2021: 0.114 annual %2022: 8.9 annual %2023: 6.1 annual %2024: 1.3 annual %2025: -0.45 annual %

Source: Staff estimates, World Bank (WB). Measured in annual %.

Analysis

Eswatini recorded -0.4% for inflation, gdp deflator: linked series in 2025. That is the lowest value across all 36 years on record.

Compared with earlier readings it is down 134.7% on the previous year and down 108.5% over ten years.

Over the whole period, inflation, gdp deflator: linked series in Eswatini peaked at 17.4% in 1993 and was at its lowest, -0.4%, in 2025.

That places Eswatini 194th out of 214 countries with data for 2025, putting it in the bottom quarter.

The series is highly variable year to year, so single readings are best treated with caution.

Inflation, GDP deflator: linked series (annual %) in Eswatini, year by year

Annual values for Inflation, GDP deflator: linked series (annual %) in Eswatini, 1990 to 2025.
Year annual % Change
1990 12.6% —
1991 8.8% -30.2%
1992 11.2% +27.5%
1993 17.4% +55.4%
1994 11.0% -36.9%
1995 16.6% +51.8%
1996 7.7% -53.9%
1997 11.3% +47.7%
1998 7.4% -34.7%
1999 5.4% -27.5%
2000 9.9% +85.1%
2001 8.3% -16.3%
2002 9.1% +9.4%
2003 5.9% -35.5%
2004 3.9% -33.4%
2005 6.2% +57.9%
2006 3.5% -42.4%
2007 5.2% +46.3%
2008 10.3% +98.5%
2009 10.2% -1.4%
2010 2.9% -71.1%
2011 5.5% +86.3%
2012 9.2% +67.9%
2013 6.2% -32.5%
2014 5.7% -7.6%
2015 5.3% -7.2%
2016 6.8% +27.0%
2017 4.9% -26.9%
2018 3.3% -33.4%
2019 2.0% -40.3%
2020 5.2% +162.8%
2021 0.1% -97.8%
2022 8.9% +7675.6%
2023 6.1% -31.7%
2024 1.3% -78.6%
2025 -0.4% -134.7%

Eswatini compared with similar countries

  • Eswatini's -0.4% is below the median for lower middle income countries, which is 5.0%. (47 countries reporting)
  • Eswatini's -0.4% is below the median for Sub-Saharan Africa, which is 4.3%. (48 countries reporting)

Biggest year-on-year movements

Years where Inflation, GDP deflator: linked series (annual %) in Eswatini changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.

YearChange FromTo
2022 +7675.6% 0.1% 8.9%

Averages by decade

DecadeAverage LowestHighest Years
1990s 10.9% 5.4% 17.4% 10
2000s 7.3% 3.5% 10.3% 10
2010s 5.2% 2.0% 9.2% 10
2020s 3.5% -0.4% 8.9% 6

Countries ranked near Eswatini

  1. 191 Kiribati 0.0% compare
  2. 192 Oman -0.1% compare
  3. 193 Malaysia -0.4% compare
  4. 195 Costa Rica -0.5% compare
  5. 196 Thailand -0.9% compare
  6. 197 China -0.9% compare

See the full ranking of 215 places →

More financial sector data for Eswatini

All data for Eswatini →

Frequently asked questions

What is inflation, gdp deflator: linked series in Eswatini?
Inflation, gdp deflator: linked series in Eswatini was -0.4% in 2025, according to Staff estimates, World Bank (WB).
What is the highest inflation, gdp deflator: linked series recorded in Eswatini?
The highest recorded value was 17.4% in 1993.
What is the lowest inflation, gdp deflator: linked series recorded in Eswatini?
The lowest recorded value was -0.4% in 2025.
How does Eswatini rank for inflation, gdp deflator: linked series?
Eswatini ranks 194th out of 214 countries with data for 2025.
Is inflation, gdp deflator: linked series rising or falling in Eswatini?
Over the last ten years it is down 108.5%. The long-run trend across the full record is volatile.
Where does this Eswatini data come from?
The figures come from Staff estimates, World Bank (WB), published as part of Inflation, GDP deflator: linked series (annual %). Statizoid updates them automatically from the source API.

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Inflation, GDP deflator: linked series in Eswatini. Statizoid, drawing on Staff estimates, World Bank (WB). Retrieved 25 October 2026, from https://financial-sector.statizoid.com/stat/inflation-gdp-deflator-linked-series-annual-percent/eswatini/

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About this data

Indicator
Inflation, GDP deflator: linked series (annual %)
Unit
annual %
Source
Staff estimates, World Bank (WB)
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
215 places, 7,308 data points, 1990–2025
Last refreshed

Inflation as measured by the annual growth rate of the GDP implicit deflator shows the rate of price change in the economy as a whole. The GDP implicit deflator is the ratio of GDP in current local currency to GDP in constant local currency. This series has been linked to produce a consistent time series to counteract breaks in series over time due to changes in base years, source data and methodologies. Thus, it may not be comparable with other national accounts series in the database for historical years. This indicator denotes the percentage change over each previous year of the constant price (base year 2015) series in United States dollars.