Country risk rating


HIGH RISK for entreprise

  • Economic risk

  • Business environment risk

  • Political risk

  • Commercial risk

  • Financing risk

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GDP USD 4.7038bn (World ranking 159, World Bank 2018)
Population 1.14mn (World ranking 158, World Bank 2018)
Form of state Constitutional Monarchy
Head of government Barnabas Sibusiso DLAMINI (Prime Minister)
Next elections 2023, legislative
  • Good trade and investment integration with neighboring economies (South Africa, Mozambique)
  • Unexploited mining potential
  • Land availability
  • Very low growth (-0.5% in 2019), in conjunction with neighboring economies
  • High fiscal deficit (-10% of GDP in 2018)
  • High poverty and unemployment rate. Food insecurity due to unstable farming techniques
  • Bad transport infrastructure. Poor access to clean water and sanitation

Contact Euler Hermes

Economic Research Team