Real interest rate in Eswatini
Eswatini: Real interest rate was 9.5% in 2024. ◆ Volatile
Real interest rate in Eswatini, 1975–2024
Source: International Financial Statistics database, International Monetary Fund (IMF). Measured in %.
Analysis
In 2024, real interest rate in Eswatini stood at 9.5%.
That represents a change of up 109.8% on the previous year and up 246.2% over ten years.
Over the whole period, real interest rate in Eswatini peaked at 13.8% in 1985 and was at its lowest, -12.2%, in 1990.
That places Eswatini 30th out of 149 countries with data for 2024, putting it in the top quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Real interest rate in Eswatini, year by year
| Year | % | Change |
|---|---|---|
| 1975 | 6.3% | — |
| 1976 | -2.7% | -143.1% |
| 1977 | 0.0% | -101.8% |
| 1978 | -0.1% | -249.8% |
| 1979 | -3.4% | +4523.5% |
| 1980 | 1.2% | -135.3% |
| 1981 | 7.5% | +527.0% |
| 1982 | 1.9% | -74.5% |
| 1983 | 11.2% | +489.3% |
| 1984 | 8.3% | -25.7% |
| 1985 | 13.8% | +65.5% |
| 1986 | 0.3% | -97.7% |
| 1987 | 10.6% | +3211.4% |
| 1988 | -8.8% | -183.2% |
| 1989 | 11.3% | -227.5% |
| 1990 | -12.2% | -208.0% |
| 1991 | 6.7% | -154.6% |
| 1992 | 4.3% | -36.0% |
| 1993 | -2.6% | -160.9% |
| 1994 | 3.0% | -214.0% |
| 1995 | 0.3% | -88.3% |
| 1996 | 10.2% | +2839.6% |
| 1997 | 7.3% | -28.2% |
| 1998 | 11.3% | +53.7% |
| 1999 | 11.4% | +1.5% |
| 2000 | -6.9% | -160.0% |
| 2001 | 4.5% | -166.4% |
| 2002 | 5.6% | +23.9% |
| 2003 | 8.3% | +46.8% |
| 2004 | 7.1% | -14.1% |
| 2005 | 4.2% | -40.9% |
| 2006 | 7.4% | +75.1% |
| 2007 | 7.6% | +3.1% |
| 2008 | 4.1% | -45.8% |
| 2009 | 1.1% | -73.2% |
| 2010 | 6.6% | +501.2% |
| 2011 | 3.3% | -49.5% |
| 2012 | -0.4% | -112.2% |
| 2013 | 2.2% | -627.4% |
| 2014 | 2.7% | +26.5% |
| 2015 | 3.5% | +29.2% |
| 2016 | 3.3% | -7.5% |
| 2017 | 5.5% | +69.4% |
| 2018 | 6.8% | +22.8% |
| 2019 | 8.0% | +17.8% |
| 2020 | 2.7% | -66.8% |
| 2021 | 7.1% | +168.4% |
| 2022 | -0.3% | -104.8% |
| 2023 | 4.5% | -1430.9% |
| 2024 | 9.5% | +109.8% |
Eswatini compared with similar countries
- Eswatini's 9.5% is above the median for lower middle income countries, which is 5.2%, 1.8× the median. (38 countries reporting)
- Eswatini's 9.5% is above the median for Sub-Saharan Africa, which is 4.9%, 1.9× the median. (39 countries reporting)
Biggest year-on-year movements
Years where Real interest rate 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.
| Year | Change | From | To |
|---|---|---|---|
| 1979 | -4523.5% | -0.1% | -3.4% |
| 1987 | +3211.4% | 0.3% | 10.6% |
| 1996 | +2839.6% | 0.3% | 10.2% |
| 2023 | +1430.9% | -0.3% | 4.5% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 0.0% | -3.4% | 6.3% | 5 |
| 1980s | 5.7% | -8.8% | 13.8% | 10 |
| 1990s | 4.0% | -12.2% | 11.4% | 10 |
| 2000s | 4.3% | -6.9% | 8.3% | 10 |
| 2010s | 4.2% | -0.4% | 8.0% | 10 |
| 2020s | 4.7% | -0.3% | 9.5% | 5 |
Countries ranked near Eswatini
More financial sector data for Eswatini
- Reserve position in the IMF, US dollar, annual growth rate 5.01 % change on previous year (2025)
- Reserve position in the IMF, US dollar, per unit of GDP 0.0017 units per US$ of GDP (2025)
- Reserve position in the IMF, US dollar, per capita 7.15 units per person (2025)
- Reserve position in the IMF, SDR, annual growth rate 0 % change on previous year (2025)
- Reserve position in the IMF, SDR, per unit of GDP 0.0013 units per US$ of GDP (2025)
- Reserve position in the IMF, SDR, per capita 5.22 units per person (2025)
- Reserve tranche position, US dollar, annual growth rate 5.01 % change on previous year (2025)
- Reserve tranche position, US dollar, per unit of GDP 0.0017 units per US$ of GDP (2025)
- Reserve tranche position, US dollar, per capita 7.15 units per person (2025)
- Reserve tranche position, SDR, annual growth rate 0 % change on previous year (2025)
Frequently asked questions
- What is real interest rate in Eswatini?
- Real interest rate in Eswatini was 9.5% in 2024, according to International Financial Statistics database, International Monetary Fund (IMF).
- What is the highest real interest rate recorded in Eswatini?
- The highest recorded value was 13.8% in 1985.
- What is the lowest real interest rate recorded in Eswatini?
- The lowest recorded value was -12.2% in 1990.
- How does Eswatini rank for real interest rate?
- Eswatini ranks 30th out of 149 countries with data for 2024.
- Is real interest rate rising or falling in Eswatini?
- Over the last ten years it is up 246.2%. The long-run trend across the full record is volatile.
- Where does this Eswatini data come from?
- The figures come from International Financial Statistics database, International Monetary Fund (IMF), published as part of Real interest rate (%). Statizoid updates them automatically from the source API.
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About this data
An interest rate is the amount charged, expressed as a percentage of the principal over a period of time, by the owners of certain kinds of financial assets for putting the financial assets at the disposal of another institutional unit. The real interest rate is the lending interest rate adjusted for inflation as measured by the GDP deflator. The terms and conditions attached to lending rates differ by country, however, limiting their comparability. This indicator is expressed as a percentage (a÷b)*100.