Goods and services expense in Eswatini
Eswatini: Goods and services expense was 16.1% in 2021. ▼ Falling
Goods and services expense in Eswatini, 1999–2021
Source: Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in % of expense.
Analysis
In 2021, goods and services expense in Eswatini stood at 16.1%. That is the lowest value across all 22 years on record.
Compared with earlier readings it is down 5.0% on the previous year and down 12.4% over ten years.
Over the whole period, goods and services expense in Eswatini peaked at 33.0% in 2004 and was at its lowest, 16.1%, in 2021.
Eswatini ranks 64th of 154 countries on this measure, in the middle of the range.
The long-run direction has been consistently falling across the 22 years of available data.
Goods and services expense in Eswatini, year by year
| Year | % of expense | Change |
|---|---|---|
| 1999 | 25.3% | — |
| 2000 | 26.6% | +5.4% |
| 2001 | 27.1% | +1.7% |
| 2002 | 24.6% | -9.2% |
| 2003 | 27.1% | +10.0% |
| 2004 | 33.0% | +21.8% |
| 2005 | 25.3% | -23.3% |
| 2006 | 23.2% | -8.0% |
| 2007 | 25.0% | +7.6% |
| 2008 | 25.7% | +2.8% |
| 2009 | 26.4% | +2.7% |
| 2010 | 20.7% | -21.7% |
| 2011 | 18.3% | -11.2% |
| 2012 | 20.7% | +12.5% |
| 2014 | 21.7% | +5.0% |
| 2015 | 21.5% | -1.1% |
| 2016 | 19.1% | -10.8% |
| 2017 | 18.9% | -1.5% |
| 2018 | 17.0% | -9.7% |
| 2019 | 20.3% | +19.3% |
| 2020 | 16.9% | -16.8% |
| 2021 | 16.1% | -5.0% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 25.3% | 25.3% | 25.3% | 1 |
| 2000s | 26.4% | 23.2% | 33.0% | 10 |
| 2010s | 19.8% | 17.0% | 21.7% | 9 |
| 2020s | 16.5% | 16.1% | 16.9% | 2 |
Countries ranked near Eswatini
- 61 Togo 16.7% compare
- 62 Lesotho 16.4% compare
- 63 Côte d'Ivoire 16.2% compare
- 65 Kazakhstan 16.1% compare
- 66 Honduras 16.1% compare
- 67 New Zealand 16.0% compare
More public sector data for Eswatini
- Military expenditure (current USD), per capita 64.09 current USD per person (2024)
- Military expenditure (current USD), per unit of GDP 0.0164 current USD per US$ of GDP (2024)
- Military expenditure (current USD), annual growth rate 12.96 % change on previous year (2024)
- Military expenditure (current USD), gaps filled 79.66 million current USD (2024)
- Military expenditure (current USD), per square kilometre 4,100 current USD per square kilometre (2023)
- Tax revenue 24.3% (2021)
- Capital stock, General government, Current prices, Domestic currency 82.04 (2019)
- Taxes on income, profits and capital gains 34.4% (2021)
- Capital stock, General government, Constant prices, Percent of GDP 93.03 (2019)
- Capital stock, General government, Constant prices, Purchasing power 8.99 (2019)
Frequently asked questions
- What is goods and services expense in Eswatini?
- Goods and services expense in Eswatini was 16.1% in 2021, according to Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF).
- What is the highest goods and services expense recorded in Eswatini?
- The highest recorded value was 33.0% in 2004.
- What is the lowest goods and services expense recorded in Eswatini?
- The lowest recorded value was 16.1% in 2021.
- How does Eswatini rank for goods and services expense?
- Eswatini ranks 64th out of 154 countries with data for 2021.
- Is goods and services expense rising or falling in Eswatini?
- Over the last ten years it is down 12.4%. The long-run trend across the full record is falling.
- Where does this Eswatini data come from?
- The figures come from Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF), published as part of Goods and services expense (% of expense). Statizoid updates them automatically from the source API.
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About this data
Goods and services include all government payments in exchange for goods and services used for the production of market and nonmarket goods and services. Use of goods and services for own account capital formation is excluded. This indicator is expressed as percentage of total expenses which is any decrease in net worth resulting from a transaction.