Risk premium on lending (lending rate minus treasury bill rate, %) in Eswatini
Eswatini: Risk premium on lending (lending rate minus treasury bill rate, %) was 1.7% in 2024. ▼ Falling
Risk premium on lending in Eswatini, 1975–2024
Source: International Financial Statistics database, International Monetary Fund (IMF). Measured in lending rate minus treasury bill rate, %.
Analysis
In 2024, risk premium on lending in Eswatini stood at 1.7%.
The figure is down 7.6% on the previous year and down 23.8% over ten years.
Over the whole period, risk premium on lending in Eswatini peaked at 6.7% in 2002 and was at its lowest, -0.8%, in 1981.
Eswatini ranks 67th of 86 countries on this measure, in the bottom quarter.
The long-run direction has been consistently falling across the 50 years of available data.
Risk premium on lending (lending rate minus treasury bill rate, %) in Eswatini, year by year
| Year | lending rate minus treasury bill rate, % | Change |
|---|---|---|
| 1975 | 4.5% | — |
| 1976 | 4.5% | +0.0% |
| 1977 | 4.5% | +0.0% |
| 1978 | 3.1% | -31.1% |
| 1979 | 2.0% | -34.2% |
| 1980 | 1.8% | -12.3% |
| 1981 | -0.8% | -141.9% |
| 1982 | 2.8% | -470.0% |
| 1983 | 3.5% | +24.6% |
| 1984 | 2.6% | -24.9% |
| 1985 | 4.2% | +60.0% |
| 1986 | 4.5% | +8.9% |
| 1987 | 5.9% | +30.5% |
| 1988 | 5.9% | -0.6% |
| 1989 | 4.3% | -26.1% |
| 1990 | 3.4% | -22.5% |
| 1991 | 3.3% | -0.4% |
| 1992 | 3.6% | +6.9% |
| 1993 | 4.7% | +30.4% |
| 1994 | 5.9% | +26.4% |
| 1995 | 6.2% | +4.7% |
| 1996 | 5.0% | -19.2% |
| 1997 | 5.1% | +2.8% |
| 1998 | 6.4% | +24.9% |
| 1999 | 6.2% | -2.9% |
| 2000 | 5.7% | -8.4% |
| 2001 | 6.1% | +6.8% |
| 2002 | 6.7% | +9.3% |
| 2003 | 4.0% | -39.7% |
| 2004 | 3.4% | -16.5% |
| 2005 | 3.5% | +5.9% |
| 2006 | 3.6% | +2.0% |
| 2007 | 4.1% | +14.1% |
| 2008 | 4.1% | -1.8% |
| 2009 | 3.4% | -15.2% |
| 2010 | 3.1% | -8.5% |
| 2011 | 2.9% | -7.0% |
| 2012 | 1.9% | -35.9% |
| 2013 | 2.2% | +16.8% |
| 2014 | 2.2% | +0.3% |
| 2015 | 2.6% | +18.5% |
| 2016 | 3.0% | +17.1% |
| 2017 | 2.7% | -12.5% |
| 2018 | 2.6% | -2.3% |
| 2019 | 2.4% | -7.4% |
| 2020 | 2.1% | -13.8% |
| 2021 | 2.3% | +12.8% |
| 2022 | 1.7% | -27.3% |
| 2023 | 1.8% | +6.3% |
| 2024 | 1.7% | -7.6% |
Eswatini compared with similar countries
- Eswatini's 1.7% is below the median for lower middle income countries, which is 3.5%, 47% of the median. (20 countries reporting)
- Eswatini's 1.7% is below the median for Sub-Saharan Africa, which is 5.7%, 29% of the median. (22 countries reporting)
Biggest year-on-year movements
Years where Risk premium on lending (lending rate minus treasury bill 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 |
|---|---|---|---|
| 1982 | +470.0% | -0.8% | 2.8% |
| 1981 | -141.9% | 1.8% | -0.8% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 3.7% | 2.0% | 4.5% | 5 |
| 1980s | 3.5% | -0.8% | 5.9% | 10 |
| 1990s | 5.0% | 3.3% | 6.4% | 10 |
| 2000s | 4.5% | 3.4% | 6.7% | 10 |
| 2010s | 2.6% | 1.9% | 3.1% | 10 |
| 2020s | 1.9% | 1.7% | 2.3% | 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 risk premium on lending in Eswatini?
- Risk premium on lending in Eswatini was 1.7% in 2024, according to International Financial Statistics database, International Monetary Fund (IMF).
- What is the highest risk premium on lending recorded in Eswatini?
- The highest recorded value was 6.7% in 2002.
- What is the lowest risk premium on lending recorded in Eswatini?
- The lowest recorded value was -0.8% in 1981.
- How does Eswatini rank for risk premium on lending?
- Eswatini ranks 67th out of 86 countries with data for 2024.
- Is risk premium on lending rising or falling in Eswatini?
- Over the last ten years it is down 23.8%. The long-run trend across the full record is falling.
- Where does this Eswatini data come from?
- The figures come from International Financial Statistics database, International Monetary Fund (IMF), published as part of Risk premium on lending (lending rate minus treasury bill rate, %). Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 50 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
About this data
Risk premium on lending is the interest rate charged by banks on loans to private sector customers minus the "risk free" treasury bill interest rate at which short-term government securities are issued or traded in the market. In some countries this spread may be negative, indicating that the market considers its best corporate clients to be lower risk than the government. The terms and conditions attached to lending rates differ by country, however, limiting their comparability.